ST Alpha - "If you make $100 a day and you spend $95 a day, that's rational spending." (Reading a Post)

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In response to "I am conceding that it raises the defecit and is bad for the budget. " by Dr.Vermin

If you make $100 a day and you spend $95 a day, that's rational spending.

Posted by Beryllium (aka grayman) Dec 8 '10, 09:42

If you then start earning only $80 a day, and you still spend $95 a day, you owe an extra $15 that you didn't owe before. That's increased spending due to decreased buying power.

Responses:

I understand this logic. - Dr.Vermin Dec 8, 09:44 2
- There are several ways to increase spending, is what we're saying. - Beryllium Dec 8, 09:45 1
  - er, "spending power" is a typo. Should be "buying power". :) -- nm - Beryllium Dec 8, 09:45

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If you make $100 a day and you spend $95 a day, that's rational spending.

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