deficitspending

    • 11 jun 2015 7:08am

    • today most groups operate using

    • a deficit spending model

    • meaning overspend today

    • because the future will get better

    • and we can catch up then

    • this model worked in the past

    • this model does not work any longer

    • when near the end of its lifecycle

    • deficit spending is a short-term operating solution

    • it has yielded a very unbalanced world

    • the few haves & the many many have nots

    • a few very wealthy people & groups

    • everyone else struggling for day-to-day survival

    • its use requires indefinite unlimited growth

    • an economy based on limited natural physical resources

    • paired with deficit spending

    • equals definite failure

    • at some point in time