Dumaguete Info Search


Happy St. Patrick's Day

Discussion in 'Off-Topic Forum' started by PatO, Mar 17, 2024.

  1. Dutchie

    Dutchie DI Senior Member Showcase Reviewer Veteran Army

    Messages:
    951
    Trophy Points:
    306
    Location:
    Dumaguete
    Ratings:
    +1,744 / 123
    Blood Type:
    A+
    If government income (taxes) minus government expenses goes negative then government needs to borrow money (debt goes up).
    When complaining that government policies caused the debt to go up,
    you can't at the same time be critical about austerity and high taxes (because those two policies serve to diminish the need to borrow).
    For a government (just like for individuals) it is either or, not and and.
     
Loading...