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  #11  
Old 10-09-2015, 08:23 AM
shazeep shazeep is offline
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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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  #12  
Old 10-09-2015, 09:53 AM
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Re: Budget deficit drops to $435B

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Originally Posted by obriencp View Post
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 :/
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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  #13  
Old 10-09-2015, 09:56 AM
shazeep shazeep is offline
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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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  #14  
Old 10-09-2015, 10:10 AM
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Re: Budget deficit drops to $435B

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Originally Posted by shazeep View Post
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.
Its the greatest sham ever.
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  #15  
Old 10-09-2015, 10:28 AM
obriencp obriencp is offline
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Re: Budget deficit drops to $435B

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Originally Posted by Fionn mac Cumh View Post
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.
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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  #16  
Old 10-09-2015, 11:08 AM
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Re: Budget deficit drops to $435B

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Originally Posted by obriencp View Post
You're right and I understand the original post. I was simply replying to someone elses comment that "things are going great."
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.
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  #17  
Old 10-10-2015, 05:07 PM
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Re: Budget deficit drops to $435B

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Originally Posted by Fionn mac Cumh View Post
Well people will come with some lame reason to spin this as a bad thing.
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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  #18  
Old 10-12-2015, 09:07 AM
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Re: Budget deficit drops to $435B

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Originally Posted by deacon blues View Post
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.
Please explain professor. How is the deficit falling yet again a bad thing?
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