March 25-2009:
How To Interpret the President's Budget proposals!
As I see it, if a businessman wants to start or continue doing business. And realizes that in order for his/her business to survive, compete, and maintain the supply of goods and services to it's customers.
Then that business has two options.
!. Re-stock the shelves with more goods, so as to be in a position to supply customer's needs.
2. Or allow the stocked shelves to reach depletion, thus making his/her unable to continue doing business very soon, and possibly going bankrupt.
So it is with the president's budget proposals.
Some Conservative Democrats, and most Republicans are saying, that the president's budget would increase the national deficit to three or more trillion dollars. And would make this country bankrupted very soon.
But what these 'Doom's Day' predictors are not saying to the American people, is that in order for any investor to accrue profit or revenue, he/she has to initiate the Capital down payment in goods and services, and in time, with growing customer patronage, the business will eventually make a profit, which would allow that business to invest some more assets into that business, for a greater output or revenue.
That to my mind is the rationale behind the president's budget, and it makes a lot of sense to me!
Derryck.
NYC.
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