21 May

The idea a government has to 'balance the books', like a business or household, is flat-out crazy. Governments don't have to earn income, like a business or household. They 'print' the money. When they print it, they don't owe anybody for it. No debt has been created. It's issued into circulation to promote the exchange of goods and services. A government surplus robs individuals and businesses of money. Business and individuals then have to go into debt to put more money into circulation themselves. Government surpluses literally suck the life out of an economy.