Obviously, a nation is very different from a household.
But they aren't different in the way that the post I was responding to suggested, that a household couldn't possibly overspend for future benefit whereas a nation could.
But they aren't different in the way that the post I was responding to suggested, that a household couldn't possibly overspend for future benefit whereas a nation could.
The post I was responding to said:
> Growth means that economically you can outspend > your "budget" every year and still come out ahead > because that spend this year makes next year's budget > larger."
I pointed out that's not different between a household and a nation, both can do this.
Yes, nations are very different from households. And yes, you shouldn't run their economies the same way. But to make that point you really need to point to criteria that differ between households and nations, and not to things which aren't actually fundamentally different.