Quote:
Originally Posted by Mr.HappySilp
In a private business/company if it bleeds/spends money like how our gov does that it will be bankrupt in no time coz no banks/investor will lend them money to run. However, when a gov is losing money or the program is going to shit and doesn't provide the benefit anymore, well the gov just increase tax to continue spend.
LOL?
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I'm not aware of any private companies that would affect my life significantly (unless they were my employer) if they went out of business. Are you aware of how many services the government provides that no one else will and are necessary to your daily life? Also, see my edited post on the false belief that taxes just increase to make up for supposed overages which are NOT POSSIBLE because every organization has a hard cap budget every single year to start April.
Again, super misinformed.