Marc.Keohane

Ask anyone who is financially responsible for themselves whether it is a good idea to spend more money than you make and you will get the same answer 100% of the time...When the individual runs into a budget crisis, no financial consultant worth anything tells you to "spend your way out of it"; their advice is to cut discretionary expenses back (possibly to zero) and minimize your necessary expenses where possible. Admittedly the parallel between individual and government is not a perfect one, but philosophically speaking there is definitely something there that resonates...