[bomelia]

And by that, I mean, to suggest that it is different for larger scales (say the country) than for smaller scales, say our homes, is to expose a limited understanding of economics. And by this, I am not suggesting macro vs micro economics. They study the same thing on different scales. Its almost as if some folks are suggesting that Big Scale Economics and Small Scale Economics are totally different animals... like the differences between Relativisitc Physics and Newtonian Physics, or even better, Quantum Physics.Certainly, Newtonian is a subset of Relativisitic. But no one has argued yet in a definitive way yet that Qauntum transitions smoothly to everyday physics. They are trully different. But not Big Scale Economics and Small Scale Economics.

How big would your household get before it started acting like big scale economics? You borrow some money, and employ people around you to do stuff, then they pay you taxes which you use to pay off the loans. Right? Wrong! Unless these people produce on top of the artificially "GDP" that you have created, you can never get out of the debt circle.

The key is, overproducers must be allowed (even encouraged) to overproduce. Overproduction brings money in from unexpected sources, like, say, your neighbor who is not experiencing a mini-recession (or as bad as you).

You can not spend your way out of a recession. And you do not have to defer to "rocket scientists" to understand this. Use your head. Don't let government dweebs convince you this problem is too big to understand. hell, they were a big part of creating it!

Mike