So Bucky and Cheesy just misspoke, oh my!
17 Trillion
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So Bucky and Cheesy just misspoke, oh my!
Dr Kynes
Well-Known Member
any organization must follow the immutable laws of finance or suffer the consequences.
it doesnt matter if it's a private household, a business venture or a Perfumed Prince on his throne in Washington, when you borrow, you must pay it back or you will go tits up.
NLXSK1
Well-Known Member
The government does not borrow, it confiscates.
NLXSK1
Well-Known Member
Let me expand upon that...
We owe the money. Hundreds of thousands of dollars for every individual in the USA. The government didnt borrow it, it just spent it on paper and is now demanding the note be paid by us.
The problem is that the government keeps spending more money. Increases are automatically added into the budget and all they argue about is reducing the increase, not decreasing anything.
It would be like you and your alcoholic brother going to your parents house and him drinking a 6 pack of their beer. And you are like.. Dude, we need to replace that. So you go to the store and buy a 6 pack of beer and return only to find out your brother drank another 12 pack...
I honestly no longer believe that either party has the fortitude to cut spending and that they are simply so weak they will allow the system to continue until it crashes to the ground. And that might not be that far away.
So when you keep saying the government needs to pay back the debt, what needs to happen is for them to stop the excessive spending. Otherwise nothing will ever be accomplished.
We owe the money. Hundreds of thousands of dollars for every individual in the USA. The government didnt borrow it, it just spent it on paper and is now demanding the note be paid by us.
The problem is that the government keeps spending more money. Increases are automatically added into the budget and all they argue about is reducing the increase, not decreasing anything.
It would be like you and your alcoholic brother going to your parents house and him drinking a 6 pack of their beer. And you are like.. Dude, we need to replace that. So you go to the store and buy a 6 pack of beer and return only to find out your brother drank another 12 pack...
I honestly no longer believe that either party has the fortitude to cut spending and that they are simply so weak they will allow the system to continue until it crashes to the ground. And that might not be that far away.
So when you keep saying the government needs to pay back the debt, what needs to happen is for them to stop the excessive spending. Otherwise nothing will ever be accomplished.
Dr Kynes
Well-Known Member
i agree with the above statement ^^^^
Rob Roy
Well-Known Member
I see your point. However it could be said there are NO truly private businesses in the USA as everyone of them falls under some form of regulation. An actual "private business" in the truest sense of the word would involve two parties in it's transactions, service provider and customer. In everyone of the so called private business today there is some kind of intervention from an unnecessary third party. That intervention dilutes the meaning enough to change it.
NLXSK1
Well-Known Member
Yes, but in regard to the topic at hand a private business (in this definition) must make a profit by selling something that the population wants or needs. The government simply confiscates wealth to re-distribute as it sees fit without any concern for whether the product is popular or not or whether the overall budget deficit is rising or falling.
UncleBuck
Well-Known Member
that is literally retarded.
UncleBuck
Well-Known Member
that is demonstrably false.
If you make a 15% profit on your sales and the interest rates on your borrowings is 5%, you always make a profit, even if you're entirely debt financed. The government doesn't offer services to earn a profit, so the comparison to private businesses is irrelevant.
When the government borrows and spends $1 trillion, it does so without any thought of earning a return on that spending. Look at the big spending items: social security, Medicare/Medicaid, defense--these don't return much to the treasury.
Dr Kynes
Well-Known Member
two words homey:
Soylent Green.
Bling Bling Motherfucker!
that shit will turn a profit in no time!
[h=2][/h]
Originally Posted by UncleBuck 
notice how the lines go down towards the end of the clinton years.
notice the source? it is the same one used at the GOP national convention, which you served as head cheerleader for at the time.
[/QUOTE]
Totally agree and you fell for it, that's why you should stick to spell checking and feline sitting!
notice how the lines go down towards the end of the clinton years.
notice the source? it is the same one used at the GOP national convention, which you served as head cheerleader for at the time.
Totally agree and you fell for it, that's why you should stick to spell checking and feline sitting!
UncleBuck
Well-Known Member
apparently you reading compensation has failed you? (<---not actually a question)
tell me again how a surplus can vanish based on inflation adjustment.
go on, don't be shy.
i'll wait here for the answer.
Dr Kynes
Well-Known Member
the "Clinton Surplus" does not vanish based on inflation, it is created out of statistical trickery and chartsmanship.
the debt does not increase in "19xx dollars" or "20xx dollars" it advances in REAN DOLLARS at the time the debt is incurred. by "adjusting for inflation" debt can be conealed through trickery and monetary policy, or a surplus can be created by "adjusting" the numbers "as a % of GDP".
clnton contimued to increase the debt in real dollars despite all the shenanigans and revisionism you have pulled out of your collective asses.
even the democratic leadership council asserts that clinton increased the debt by 37% during his tenure despite crippling cuts to military spending and a booming economy
suck it.
Edit: graph 2 is the wrong one, and it wont let me change it.
UncleBuck
Well-Known Member
thank you.
despite our very real differences, we both recognize this fact. beenthere and NLXSK do not, and this is what makes them simpleton dumbasses while you remain a worthy adversary, although an increasingly abhorrent one.
the rest of your rant which attempts to characterize the clinton surpluses as imaginary was not read or even skimmed by me. sorry.
like the GOP, i used the national debt clock as my source to prove that the debt has been reduced in very recent times by a prominent democrat (who you have labeled as "3rd way socialist", whatever that means). all your whining can not reverse the fact that the GOP uses the same debt clock that i used to prove the surplus (or deficit). your tertiary whining is besides the point.
that is all.
theexpress
Well-Known Member
this country will get back on its feet... but we need to kill the sick, old, and homeless..... kick out all the illeagle Mexicans... stop backing up the jews..... and kill every last existing manatee,whale, or any other endangerd species....... 
Dr Kynes
Well-Known Member
im gonna have to really lock down my Bucky Ignoring System.
it's really not worth the effort to explain your position just so he can snip a few words out of context, re-frame the debate in a manner which is illogical and self-serving and sling ad hominems about.
he is a pointless little man-child throwing a tantrum, and im just sick of it really.
ChesusRice
Well-Known Member
this country will get back on its feet... but we need to kill the sick, old, and homeless..... kick out all the illeagle Mexicans... stop backing up the jews..... and kill every last existing manatee,whale, or any other endangerd species.......
Ron PAUL 1913!!