tag:blogger.com,1999:blog-10815380.post465776510577859676..comments2024-03-14T12:42:51.995+00:00Comments on Chris Whiteside's Blog: OptimismChris Whitesidehttp://www.blogger.com/profile/02888720969479013951noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-10815380.post-73814122837446707972015-09-10T20:45:30.533+01:002015-09-10T20:45:30.533+01:00Any way, back to the plot, back on topic as it w...Any way, back to the plot, back on topic as it were (the only game in town) tha associate membership is DC's plot.<br />you can call it anything else if you like, but associate membership is what will be on offer. (at least a promise of it "jam tomorrow" style) that is the only card DC has left.<br />And its that will will (possibly) win him a referendum in 2017, but i have my doubts on the second one, when the status quo is against the YES to adopt vote.<br /><br />There we go, cards are on the table.<br />Jimhttps://www.blogger.com/profile/00373005279697295131noreply@blogger.comtag:blogger.com,1999:blog-10815380.post-77203588249289837842015-09-10T18:40:33.543+01:002015-09-10T18:40:33.543+01:00Put more simply still lets suppose we all want a ...Put more simply still <b> lets suppose we all want a prezzie at xmas, but no one buys any prezzies, then from where do all the prezzies come?, remember there is no santa, much as there is no state money</b><br />Jimhttps://www.blogger.com/profile/00373005279697295131noreply@blogger.comtag:blogger.com,1999:blog-10815380.post-9396729322806549622015-09-10T17:46:49.856+01:002015-09-10T17:46:49.856+01:00Just on the point about "the state should loo...Just on the point about "the state should look after everyone"<br /><br />I just have never understood that bit, if you follow it logically it just can not make sense. See the "state" gets it money from the people it taxes, the state spends some of that money on some things like services and it also sends some out in benefits to people who its not taxing.<br /><br />But if there is no money coming in, because everyone is taking out of the state, then there is nothing to give out, and nothing coming in to fund the services. So that means the state would have to borrow it, but no one will lend it as they know the only way the state would repay it and the interest, is to borrow it from someone else, which would mean an ever increasing debt with no income to repay, which of course would crash the entire system.<br /><br />A very valuable lesson for anyone to learn is simply this <br /><br /><b>1. The state has no money of its own, everything it has has to be taken from the taxpayer, or borrowed, with the debt on the taxpayer.<br /><br />2. The state can not spend anymore that it has raised in tax, or borrowed with the taxpayer on the hook for it.</b>Jimhttps://www.blogger.com/profile/00373005279697295131noreply@blogger.com