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Jun 03

Friends Don’t Let Friends Spend 16 Trillion Dollars

Friends Don’t Let Friends Spend 16 Trillion Dollars

by Lucas Porter

Should you lend your friend money for online gambling? Bob swears that he has this perfect system that no one has ever tried and we can all prosper from it. Bob is very persuasive and mentions all the possible ways that things would improve with more money. Another person turned Bob down, and Bob responded by calling them lame. You do not want to be considered lame, because you are a cool and happening person; so you lend Bob the money.

After a week, Bob returns and tells you that he needs to borrow additional money for online gambling. When you asked what happened to the previous investment you made, he blames a number of other people, outside forces, and the system that is designed to keep him down. Bob then goes on to ask you for additional money for his perfect plan, which has so far resulted in a loss of your previous loan. When you asked for your previous loan, Bob responds that with only a slightly larger investment he would be able to earn back the original amount of borrowed money, the money from this second loan, and a profit that would solve all of your problems. Bob’s persuasive charisma convinces you to provide him with a second loan.

A week later, Bob comes back and asks for additional money. This second failure is again not his fault; others were conspiring against him. Bob asks you as a friend to please provide him with another loan; if you do not, he threatens never to talk to you again. You would hate to lose his friendship and feel bad about his poor luck. After all, it is not fair that Bob has had such bad luck; perhaps, he suffers from a genetic disorder that causes him to be less lucky than you. Is it fair that you are born with more luck, while he struggles with his unlucky handicap? You just want to make things right by giving him a third loan.

Another week, another request; no longer to your surprise, Bob has returned demanding money that he desperately needs. After four weeks of asking you and other people for money, he now has a debt that is so large, it can never be paid back; unless, you provide him with more money. If only you lent him some more money, then he would be able to make all the money back.

Should you continue to lend to Bob? He is a nice person who has had some rather bad luck, which might be the result of some yet undiagnosed genetic disorder. It is not fair that he is an unskilled gambler. Would it not be cruel to turn your back on him in his hour of need?

Today, the United States Federal Government owes $16,000,000,000,000.00. Both the Congress and President of the United States of America are asking for additional money. They want to raise the amount of money that they can borrow, but should they be allowed to increase the amount of money that they can borrow. Every time Bob was allowed to borrow more money, he would quickly lose it and have little to show for it. Now the Federal Government is trying to be like Bob, but should we allow the Federal Government to have more money. It did not work out for Bob; he simply took our hard earned money and gambled it away. Should we allow the Federal Government to have more money or is it time to say enough is enough? It might be cruel in the short-term to not provide the Federal Government with additional money, but is it not crueler in the long-term to keep providing them with more money, which only puts them more and more in debt? It is hard to tell a friend that they have a spending problem, but sometimes we need to be honest with them. If we do not intervene and stop the enabling, their problems will only become worse. Friends that truly care do not let their friends borrow 16 trillion dollars.

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