General Discussion
In reply to the discussion: Oklahoma going broke as fast as Kansas due to tinkle down economics.......... [View all]Grammy23
(5,810 posts)As a simple illustration consider what happens to your own finances when the income drops. Your job of paying bills and taking care of necessities becomes harder. In some cases, some things may have to go. Cable TV, newspaper and magazine subscriptions, eating out may have to be curbed. You may even be late in paying some bills. Frills go by the wayside. You only have a few choices. Cut expenses or increase income.
These are simple lessons that you do not need a degree in economics to understand. But the rubes in the sticks and the gullible in the cities believe the fiction that you can run the government with less revenue and yet still have all the bells and whistles. Nope. It does not work that way. Never has. Never will. You'd Have thought theyd have figured that one out by now...all by themselves.
And the shysters in DC and the state governments can keep peddling their nonsense like it is a new concept that will allow us to spin straw into gold. Now theres a fairy tale for you.