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Old 07-28-2011, 01:55 PM
Don Zeko Don Zeko is offline
 
Join Date: Oct 2009
Location: Exiled to South Jersey
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Default Re: The family finances as a metaphor for govt finances

Good points all, but there's another problem you left out. The metaphor is usually trotted out to endorse balanced budgets, but in fact families routinely take on debt, often debt that is many times their current income. If people treated their personal finances the way this analogy implies, almost nobody would ever buy a house, start a business, go to college or graduate school, buy a new car, etc. etc. etc.
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