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baldman baldman is offline
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Join Date: Jul 2005
Location: San Diego, CA
Posts: 200
Jim - while I agree with 99% of your post, this one I have to disagree with:

Quote:
Originally Posted by Jim727 View Post
How is it that we can rail against profligate government spending while living our personal lives on credit - leased cars, mortgages we can't afford, borrowing against assets to buy "stuff"? What happened to saving for a car/trip/whatever?
The difference is that when that credit card bill comes due and we realize we don't have the money we can't go to our bosses and say "Hey - I can't manage my money. You will be paying me more now" where the government says "oops, we blew it. Time to raise taxes." and the whole overspend cycle starts again.
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Andy

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Old 02-07-2008, 06:43 AM
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