I am interested to know how the CM's define fiscal responsibility. I see many of the Obama supporters trying to stand behind his decision for this bailout, but not all of them sound very convinced that this is the right way to go. So, in this age of entitlement, how would you define fiscal responsibility? *please no Wiki info*
Asked by Anonymous at 4:43 PM on Feb. 25, 2009 in Politics & Current Events
In regards to a Government in general: A fiscally responsible Government is when Government Revenue is evenly balanced to its spending.
In regards to the People of this nation: The largest risk to our economic growth and competitiveness is the influence of government on the economy. If government and taxes are allowed to increase without restrictions, the economy will tighten, thereby limiting opportunities for all. Thus resulting in spending surpassing income generated. jmho
Answer by grlygrlz2 at 9:21 PM on Feb. 25, 2009
Answer by gemgem at 4:49 PM on Feb. 25, 2009
Answer by gemgem at 4:50 PM on Feb. 25, 2009
Answer by NotPanicking at 4:59 PM on Feb. 25, 2009
Answer by Anonymous at 5:10 PM on Feb. 25, 2009
I think we all can agree that there are plenty of projects in the spendulus that aren't really an argument for employment.
IMO, pretty much everything this administration is doing goes against all rules of logic. When I don't have much money, I don't go spend what I don't have in the hopes that it turns into gold.
I can't help but think that if Bush were proposing this stimulus that their would be a lynch mob in DC within minutes of announcing it.
Answer by QuinnMae at 5:59 PM on Feb. 25, 2009
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