View Single Post
Old 10-10-2011, 04:32 PM   #24 (permalink)
Arragonis
The PRC.
 
Join Date: Oct 2009
Location: Elsewhere.
Posts: 5,304
Thanks: 285
Thanked 536 Times in 384 Posts
Quote:
Originally Posted by jakobnev View Post
I think a large part of the underlying problem is national debt - it basically locks the economy into a perpetual growth bubble.
Agreed, but the problem is reducing or removing that debt.

At the moment we have reduced the "growth of spending" via "cuts", but not actually "reduced spending" overall yet.
__________________
[I]So long and thanks for all the fish.[/I]
  Reply With Quote