...the whole "A family has to balance its budget" thing the GOP keeps repeating....

[Ken Burch]

...what sort of families do these people live in where nobody has a credit card and nobody takes out loans?...or where nobody's grandparents or great-grandparents were ever given a line of credit by a bank 'til a crop came in or a shipment was sold?

OR where nobody was ever allowed to run a tab at the general store, even?

[laundry_queen]

1. Yep

It's one of my favorite comebacks for those types, "Oh, so I guess you didn't go out and get a mortgage then, you instead rented and saved up the cash for a new home. So I'm guessing when you are 90 you can move right in."

[redgreenandblue]

2. Also, the idea that the economy of a nation is similar to a private household is nonsense.

Governments don't have to repay their debt because they don't retire. And, they can print their own money.

[Orrex]

4. And another thing...

The MSM asserts as gospel the belief that a Wall Street businessperson is most qualified to run the nation's economy, even though there's very little similarity between the mechanics of a federal budget and the budget of a corporation.

[One_Life_To_Give]

3. Still has to Balance

Every Mortgage and Card comes with a Bill every month. Eventually I/we have to be able to pay everyone back (unless your name is Ponzi).