What kind of celebration pays down the national debt? A tea party.
The Difference Between the Economies
You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.
The government takes one and gives it to your neighbour.
You have 2 cows. The State takes both and gives you some milk.
You have 2 cows. The State takes both and sells you some milk.
You have two cows. The government takes both and shoots you.
You have 2 cows. The State takes both, shoots one, milks the other and then throws the milk away.
You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, and then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder, who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more.
One day an old man wrote a letter to God and tied the letter to a tree outside a church.
The priest came and took down the letter.
It read "Please God, I'm a poor man, please send me $100,000 so I can pay my debts and live peacefully".
Being a kind priest, he took donations around town for the old man and raised $5,000. He put it in an envelope and wrote on it "From God" and left it next to the tree when he saw the old man come visit again.
The next day, the old man came back and tied another letter to the tree.
The priest then came and took down the letter and read it excitedly.
"Dear God, thank you for sending me the money. Next time, please send it to me directly as the priest can't be trusted, can you believe he took $95,000 of the money!"