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10-09-2015, 08:23 AM
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Banned
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Join Date: Dec 2013
Location: chasin Grace
Posts: 9,594
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Re: Budget deficit drops to $435B
in the past we would always just have a war, but that seems to have changed; the wars we are in now are transparently unjust, never ending, and manufactured.
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10-09-2015, 09:53 AM
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Registered Member
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Join Date: Apr 2014
Posts: 1,378
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Re: Budget deficit drops to $435B
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Originally Posted by obriencp
isn't our national debt at over 18 TRILLION dollars?! And isn't our Debt/GDP ratio at 102%?! As a country we owe more than we make.
When BHO took over our debt was about 9 Trillion and our Debt/DGP ratio was about 65%... but things are going great :/
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Interest on our debt is a huge part of the debt. I just pointed it out that he needs to get credit for decreasing the deficit.
__________________
I'm unchained, unblinded, unparallel minded As I refined to combine with the finest finds of Titan
Vicious like lightning, Vikings enticed by full moons on islands Filled with the loot that eluded troops of previous tyrant
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10-09-2015, 09:56 AM
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Banned
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Join Date: Dec 2013
Location: chasin Grace
Posts: 9,594
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Re: Budget deficit drops to $435B
interesting that the debt is printed out of thin air, and distributed to the rich, while the interest is paid by the commoner. It is a way to steal.
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10-09-2015, 10:10 AM
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Registered Member
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Join Date: Apr 2014
Posts: 1,378
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Re: Budget deficit drops to $435B
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Originally Posted by shazeep
interesting that the debt is printed out of thin air, and distributed to the rich, while the interest is paid by the commoner. It is a way to steal.
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Its the greatest sham ever.
__________________
I'm unchained, unblinded, unparallel minded As I refined to combine with the finest finds of Titan
Vicious like lightning, Vikings enticed by full moons on islands Filled with the loot that eluded troops of previous tyrant
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10-09-2015, 10:28 AM
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Registered Member
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Join Date: Nov 2013
Location: Michigan
Posts: 441
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Re: Budget deficit drops to $435B
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Originally Posted by Fionn mac Cumh
Interest on our debt is a huge part of the debt. I just pointed it out that he needs to get credit for decreasing the deficit.
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You're right and I understand the original post. I was simply replying to someone elses comment that "things are going great."
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10-09-2015, 11:08 AM
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Registered Member
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Join Date: Apr 2014
Posts: 1,378
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Re: Budget deficit drops to $435B
Quote:
Originally Posted by obriencp
You're right and I understand the original post. I was simply replying to someone elses comment that "things are going great."
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They are not great yet. It hasnt even been a decade since the great recession. Just saying. Look at things when he took over and look at them now. Yes the debt is greater. So is the stock market. Unemployment is less. The deficit is less.
__________________
I'm unchained, unblinded, unparallel minded As I refined to combine with the finest finds of Titan
Vicious like lightning, Vikings enticed by full moons on islands Filled with the loot that eluded troops of previous tyrant
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10-10-2015, 05:07 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Re: Budget deficit drops to $435B
Quote:
Originally Posted by Fionn mac Cumh
Well people will come with some lame reason to spin this as a bad thing.
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Exhibit A for why our country is headed in such an awful direction. Seriously, the lack of an elementary understanding of economics is mind boggling. This thread is a perfect manifestation of how BO could get elected twice.
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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10-12-2015, 09:07 AM
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Registered Member
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Join Date: Apr 2014
Posts: 1,378
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Re: Budget deficit drops to $435B
Quote:
Originally Posted by deacon blues
Exhibit A for why our country is headed in such an awful direction. Seriously, the lack of an elementary understanding of economics is mind boggling. This thread is a perfect manifestation of how BO could get elected twice.
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Please explain professor. How is the deficit falling yet again a bad thing?
__________________
I'm unchained, unblinded, unparallel minded As I refined to combine with the finest finds of Titan
Vicious like lightning, Vikings enticed by full moons on islands Filled with the loot that eluded troops of previous tyrant
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