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Monday, December 6, 2004
It's time for another edition of Fafblog's "Fafblog Economy Watch!", which will make I think our second edition of "Fafblog Economy Watch!" Our first edition was on the weak dollar and had some handy tips. Today we're gonna talk to you about the national debt!
The national debt has been gettin bigger an bigger lately which is always excitin! "But Fafnir" you say cause you say stuff "aren't big debts bad." No silly internet person! Big debts are good! Like the great plains an the Grand Canyon an the Big Sky Country an the unquenchable thirst for petroleum the debt is a great big thing that makes America big an special. It is the legacy that our ancient cowboy ancestors left for us when they founded this country by borrowin it from its fiscally-conservative indian inhabitants. In a way it is a national treasure, like in that movie "National Treasure," only here instead of bein a big thing of money it's a big hole where money used to be. Lately the president's come up with some interesting new ideas to make the debt bigger like Social Security Reform, which involves takin out Social Security an replacin it with debt! It is all part of an interestin new plan to switch from a stuff-based economy to a debt-based economy! When you just spend the money you already have it gets used up real quick, an so does the stuff you spend it on like armies an social programs. But if you spend money you don't have you can just keep spendin an spendin, plus you get a debt that'll last way longer than any of the stuff you bought! It is an investment in the future. A future of debt. "But Fafnir" you say because I cannot shut you up "I dont want a lotta debt." Well if you won't embrace fiscal catastrophe for yourself then do it for your children. Your children who will be denied the legacy of a healthy thriving monster debt. Your children who are the future, or at least who will staff the sub-minimum wage factories of the future. Maybe I'm ol fashioned but I think we oughta leave them a country that's just a little more hyperinflated than the one we found. Well that's Fafblog Economy Watch! Next week we'll talk about how to trade your rooster for a cow!
posted by fafnir at 2:12 PM
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