Originally Posted by
suitanim
Ok, let's try this another way...let's dumb it down some.
Say we're running a household. We have rent, and bills, food and gas, etc, etc...it totals $20,000 a year. We are OBLIGATED to pay that $20,000 a year. We promise to pay that 20k.
But we only have 15k when all is said and done. Michelle Bachmann's idea is just to not pay some of the bills. Not sure which, no real plan, just not pay them. The alternative for sane people, is to use your strong credit rating and borrow money to pay the bills. And, simultaneously, make a plan to budget a lot better the following year. Not paying is not an option, because, on top of everything else, your good credit will get bad, and the cost of all the same things will automatically go up.
Overspending is ONLY wrong if you plan do A) Do it forever and B) Not pay back your debt. We are in a position to make sure that A does not happen, and a big part of that will come about by making sure we DON'T do B.