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No, his website is about ways to spend money, not how to reduce spending it.
If you think creating jobs and fixing the trade balance are not the best way to address debt, then there's not a single candidate in either party you can support.
Think of it this way: you have a $100000 mortgage on your house. That's a debt you want out from under.
Cutting spending alone will not pay off one dime of that debt unless you redirect that dime to the mortgage payment. That's a long, slow, trudge. You have fixed expenses so there's a limit to how much income you can redirect to the debt.
But if you increase income - take on extra hours and/or a 2nd job, or invest money in education or advanced job training, you will generate more revenue than you ever could by cutting spending.
Analogies between individual and govt. spending are always flawed but hopefully this one will help you see why politicians of all stripes advocate for jobs creation and trade balance when they talk about the debt.
If you think creating jobs and fixing the trade balance are not the best way to address debt, then there's not a single candidate in either party you can support.
Think of it this way: you have a $100000 mortgage on your house. That's a debt you want out from under.
Cutting spending alone will not pay off one dime of that debt unless you redirect that dime to the mortgage payment. That's a long, slow, trudge. You have fixed expenses so there's a limit to how much income you can redirect to the debt.
But if you increase income - take on extra hours and/or a 2nd job, or invest money in education or advanced job training, you will generate more revenue than you ever could by cutting spending.
Analogies between individual and govt. spending are always flawed but hopefully this one will help you see why politicians of all stripes advocate for jobs creation and trade balance when they talk about the debt.
I stopped at your first sentence because nothing in his proposal is about creatign jobs nor fixing trade imbalance, in fact the policies would result in the exact opposite.
If you think creating jobs and fixing the trade balance are not the best way to address debt, then there's not a single candidate in either party you can support.
Think of it this way: you have a $100000 mortgage on your house. That's a debt you want out from under.
Cutting spending alone will not pay off one dime of that debt unless you redirect that dime to the mortgage payment. That's a long, slow, trudge. You have fixed expenses so there's a limit to how much income you can redirect to the debt.
But if you increase income - take on extra hours and/or a 2nd job, or invest money in education or advanced job training, you will generate more revenue than you ever could by cutting spending.
Analogies between individual and govt. spending are always flawed but hopefully this one will help you see why politicians of all stripes advocate for jobs creation and trade balance when they talk about the debt.
Is that Bernie's position on trying to reduce our nation debt?
The elimination of even the INTEREST on the 20 trillion ( which is only the CASH debt) cannot be paid in his our our life time . Total debt of the U.S. is 210 trillion when one armortalizes entitlements. We hold as much debt of the combined world debt of all countries outside America. We are gravely bankrupted with a illusion of recovery from witnessing good returns by certain industrial pockets and a corrupted Spin doctored Dow that leads to NOTHING!!!!
The elimination of even the INTEREST on the 20 trillion ( which is only the CASH debt) cannot be paid in his our our life time . Total debt of the U.S. is 210 trillion when one armortalizes entitlements. We hold as much debt of the combined world debt of all countries outside America. We are gravely bankrupted with a illusion of recovery from witnessing good returns by certain industrial pockets and a corrupted Spin doctored Dow that leads to NOTHING!!!!
Marvelous, you identified the problem. Now, how is Bernie going to reduce it?
Cite for us what proposals involving "basic economics", will result in lowering the debt?
Just to further clarify, since Sanders fans seem to be skirting the issue citing technicality, what BERNIE proposals will result in lowering the debt?
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