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View Diary: Republicans have no clue how people manage their budgets (179 comments)

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  •  What a freaking excellent excellent point!!! (9+ / 0-)

    Thank you.  I had not thought of the revenue side of this, when it comes to the old meme about running the federal gummint finances like a household.

    They in fact want the revenue to go down precipitously, which is insane!
    In fact, they want to drop the revenue so low that the homeowner would drown his family in the bathtub.

    This analogy is so pathetic and ripped to shreds it is a joke already, that an educated person would spew this nonsense and not feel shame.

    Ayn is the bane! Take the Antidote To Ayn Rand and call your doctor in the morning: You have health insurance now! @floydbluealdus1

    by Floyd Blue on Thu Mar 21, 2013 at 05:12:24 AM PDT

    [ Parent ]

    •  Finally! Someone pointed this out! (5+ / 0-)

      If the government is supposed to run the budget the way an ordinary household runs theirs, then TAXES are the government's PAYCHECK.

      Income in -> Expenses Out

      If you cut Income, then eventually your Expenses are more than your Income.  To quote Charles Dickens in David Copperfield:

      "Income 20 pounds a year, expenses 19 pounds a year.  Result:  Happiness.  Income 20 pounds a years, expenses 21 pounds a year.  Result:  Misery."

      It doesn't matter how much you cut your expenses if your income keeps getting cut as well.   It would be as if you cut your expenses to fit your income, and then your boss said, "BTW, I'm cutting your paycheck by 15%, or I'll have to let you go."  Aggh!  Once again, your expenses are greater than your income!

      Why is this so hard to understand?

      Of course, Republicans still don't understand that people without money don't buy stuff.  And if people don't buy stuff, businesses cut their production and staff.  Then you have MORE people without money, who don't buy stuff, so businesses cut even MORE staff, so you have MORE people without money ...

      It's called a Republican death spiral for a reason.  And they just don't get it.

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