Author Topic: Government Day-to-Day  (Read 53825 times)

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Offline Omni

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Re: Government Day-to-Day
« Reply #150 on: February 05, 2020, 12:07:28 pm »
1. You paid into equity on an investment that is known to forever rise in value.  That's much different than most of the money the government spends

2.  You eventually paid off your debt and the interest payments have stopped, something the government doesn't do.

Yes, we all know governments waste money. Now, money I spent on a house was not a waste because yes it rose in value. Money invested in a company as profitable as MC could well not be a waste because it generates wealth. People with jobs pay taxes on their income back to the government and they also buy stuff, pay more taxes there, and that activity supports other jobs. Buying Bomarc Missiles, now that was a good example of government waste.