HOW DOES GOVERNMENT DEFICITSPENDING HELP WALL STREET?

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HOW DOES GOVERNMENT DEFICITSPENDING HELP WALL STREET?

Submitted by Dave Hodges on Thursday, June 24, 2021 - 12:31.

HOW DOES GOVERNMENT DEFICITSPENDING HELP WALL STREET?

Response

Richard Forscutt Thu, 06/24/2021 - 20:06

Comment

I think that a lot of your criticism of big business and corporations needs to be landed at the door of big government. No evil dirty rotten multi national corporation could get a bank to loan them 30 trillion dollars, but the federal government is 30 trillion dollars in debt. Deficit spending may aid a particular business or even an industry, but overall, deficit spending is bad for business, because ultimately the government will have to either raise taxes or cut government spending in order to reduce the national debt. Balancing the budget only means that the current years spending does not exceed the revenue collected. It does not address the national debt or interest on the debt.

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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