Quote:
Originally Posted by BigV
what the fucking difference does UNDERSTANDING matter if what I understand is wrong?
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I start with the belief that most people tend to say they are fiscally conservative and socially liberal.
Balancing a checkbook and paying debts are easy concepts to fit these values.
The government might not NEED to have a deficit, but it's also not a necessity.
Also, the idea of a credit score on the US government is easily understood,
particularly when headlines talk about China "owning" the US debts,
and potentially "calling" that debt by not buying the Treasury bonds.
The same is true when the news media can not find any other way to measure the status
of the economy than the simplistic value of today's Unemployment Rate.
Their message is simple... the US is struggling with many problems that need to be addressed.
These fiscal-conservative/social-liberals don't pretend to have the "true" technical solution,
they just want governmental leadership to solve their perceived problems,
so they can go back to the serenity of their TV, golf, Nascar, etc,