Quote:
Originally posted by tw
History does not agree with you. When jobs disappear, then we run up debt to keep buying those things.
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I suggest you study history. Consider the case of Germany after the First World War. That nation was saddled with huge reparations to pay the victors of the war and also suffered from the world wide economic depression of the 30's along with everyone else. There were no jobs. The economy was a shambles and Germany ran up so much debt that their currency became worthless, and if you look through the history books you'll find pictures of German people with wheel barrels full of worthless money.
What was the result? Hitler.