GM Pulls Plug on Traditional Pension Plans

redivider

Well-Known Member
Why dont you show me government spending as real dollars and not just a percentage tied to the GDP??? Oh right, then it would look bad for you.

We are not Italy. If we confiscated 100% of all of the profit from the 1% we still would not be able to close the deficit gap.

But you dont want to look at it that way, you just want to be manipulated by the politicians into thinking that somehow the rich are getting a better deal than you are and the only way to make it FAIR is to confiscate more wealth from them. I get it, you drank the coolaid.

All we need is to confiscate more money from the people by the government and everything will be better according to Uncle Buck... Yeah, the problem is that we just are not paying enough....
because government spending in actual dollars is a misleading statistic, given how our monetary system steadily increases the amount of dollars in circulation year after year.

using proportions gives us a better idea of what's going on.

For Ex: Spending = 2 Total GDP = 10 Spending = 20% of GDP

Spending = 100 dollars Total GDP = 1,000,000 Spending = .001% of GDP

In dollar amounts spending increased 50 fold. as a percentage of GDP spending dropped to .005% of GDP...

you really don't get it do you?? still you decide to debate... lol
 

NLXSK1

Well-Known Member
because government spending in actual dollars is a misleading statistic, given how our monetary system steadily increases the amount of dollars in circulation year after year.

using proportions gives us a better idea of what's going on.

For Ex: Spending = 2 Total GDP = 10 Spending = 20% of GDP

Spending = 100 dollars Total GDP = 1,000,000 Spending = .001% of GDP

In dollar amounts spending increased 50 fold. as a percentage of GDP spending dropped to .005% of GDP...

you really don't get it do you?? still you decide to debate... lol
You are assuming our government needs to grow proportionately to the population. I say that is a fallacy and one that is crushing us with government debt.

I am not 16 trillion dollars in debt, our government is... And you say I dont get it? LOLOLOLOLOLOL!!! Why dont you add in what the government is overspending to the tune of about 40 cents on every dollar and look at the real number.... Debt is created by what is overspent and it is simply hidden taxation. Taxation without representation as it were... But hey, keep supporting the binge big government is on.
 

redivider

Well-Known Member
i didn't say that government needs to grow proportionately with the population.

i'm saying that looking at dollar amounts is MISLEADING because the purchasing power of a dollar changes over time, a concept known in accounting and economics as the time-value of money.
 
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