Tuesday, November 26, 2013

Steve's barking at chasing Unicorns

The unicorn is a mythical animal, yet men claim that it actually exist and they are forever starting expeditions to find and capture this animal.
There is a group of people that actually believe that reducing and eliminating the public is the course to go and that the elimination or at least greatly reduce it will save all mankind for future generations to come.
The problem is no one alive has seen a debt free country and the only time in the the history of the United States that we had no debt is when the first economic panic in America and at that time we were a largely agricultural nation then as compared with a largely manufacturing nation that was true during the latter part of the twentieth century.(Today were largely a service and intellectually property nation).
I'm making a claim right now that the monetary debt and the reduction of it is as foolish as chasing after Unicorns.


The way we perceive to be the national debt is like putting part of our pay check in a checking account and part in a savings account and then borrowing mostly from our savings account and then claim that  what we take from our savings account is putting us in a hole for the money all the money that we borrowed from out side sources and ourselves.

For those who don't understand what I've just written take a good course in logic.


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