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Reply #14: What you are doing is assuming that $9 trillion will not be pure... [View All]

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rasputin1952 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 08:24 AM
Response to Reply #12
14. What you are doing is assuming that $9 trillion will not be pure...
"debt". If there is no federal income, that would be the case. As the economy gets better, (and it will), the Treasury will begin to "fill" again. Just cranking down the wars we are in, taking some of the military stuff off of the table because it either doesn't work or is of poor design and over priced, would go to great lengths in balancing things out.

Going after Fraud, Waste ans Abuse wold save at least a trillion, and closing corporate loopholes would save untold hundreds of billions.

Those tat are in the Middle and Lower Calls spend their money; those of incredible wealth invest. If there is no one to buy, the economy collapses...that is why the wealthy "investors" are all smoke and mirrors, they hoard assets, because those who purchase, do not have the money to buy, so investment is in intangibles and currency markets.

Once the two are in relative harmony, everyone benefits, to include the government.
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