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Then apparently the 55-58% of the public that isn't supporting OBama doesn't understand it either because people always vote their pocketbooks not your textbooks
Perhaps you should spend more time getting your nose out of the books and getting out there seeing the real world.
Is that why Obama wiped the floor with the best the GOP had to offer, both times?
Perhaps you should stop making reference to proverbial textbooks and actually address my statements.
Like this one; you ran with tail between legs.
Oh, I can make up an arbitrary list from a Treasury report too!
Oh, I can make up an arbitrary list from a Treasury report too!
View attachment 67150953
http://fms.treas.gov/annualreport/cs2012/outlay.pdf
Whoo hoo...I beat cons!!!! I RULE!!!!
the best the GOP had to offer didn't run but Romney was one helluva lot better than Obama ever dreamed of being. Keep that bridle hitched to a real loser. The results speak for themselves
Post 1774 was in response to your novel. Suggest you get some help keeping track of responses to your posts.
You didn't list "line items", you listed some departments. It was arbitrary and designed to fit your agenda.Get someone to help you understand line items. Just will add that to the list of things you don't understand but claim that you do.
You seem to miss the point, where are the dollars going to come from to pay those obligations?
Was SS designed to prop up the Treasury and give the President and Congress a slush fund to spend? Imagine what kind of condition we would be in now without trillions in IOU's?
I see, so your return on your "investment" in SS is generating the kind of return you would generate without it and then having that investment your Money?
Trillions of risk free IOU's you mean?
Where is the money going to come from to fund the cost of our bloated Federal Govt. and those SS/Medicare IOU's?
Actual analysis is nothing more than an educated guess that future activities will follow historical performance? How many predictions of Obama have been accurate?
What will a rise in interest rates to do debt service on the current 17 trillion dollar debt?
Any idea what printing and borrowing money will do to interest rates?
Right now debt service is about 250 billion a year and rising.
Tell me that is good fiscal policy to have a rising debt and rising debt service taking up a bigger percentage of the budget?
Your projections of a significant reduction in debt service is misguided glee especially since the deficit will still be close to a trillion dollars if not over a trillion.
139 billion isn't a good indication of what is going to happen during these summer months.
Analyze until your heart's content but what happens if you are wrong? The private sector is growing at a very poor rate. Never in the history of this country have we had such a slow recovery after the end of a recession, a recovery stymied by the poor leadership of our community organizer. Until you stimulate the private sector to put 21 plus million unemployed/underemployed/discouraged workers back to work full time the economic situation isn't going to get any better. Bank on it. Actual reality trumps your analysis
People vote with their wallets, and nominal GDP growth has been around 4% since 2010.
Learn how to properly code your responses.
You didn't list "line items", you listed some departments. It was arbitrary and designed to fit your agenda.
The fact remains, interest made up 5.6% of the 2010 budget outlays.
Chicken little arguments avoid real numbers.
you think claiming that I want this country like China is a winning argument? All that does is divert from current economic results of Obama and policies that are fundamentally changing this country into a China but actually more like the European socialistic economy which is based on a large central govt. that has people dependent.
FDR's policies prolonged Depression by 7 years, UCLA economists calculate / UCLA Newsroom
Only the true hardcore Obama worshipers still have "faith" at this point. To the rest of the world, he looks like a wannabe dictator that never stops campaigning.
.Kushinator;1062105414]Future tax revenue
Investing their surplus in government securities is not propping up the Treasury. You have a vivid imagination!
You keep responding to arguments i have never made. Show me one time where i said the S.S. trust fund is beating the market average? You are full of nonsense.
All debt is an asset for the counterparty.
Future tax revenues.
You are illiterate when it comes to financial analysis. Actuarial analysis is analysis provided using actuarial methods. Today you learned something new!
It will have zero effect on the $17 trillion in debt. Future debt issuance would be more costly in a higher interest rate environment; debt yields are fixed. Another instance of conservative ignorance.
Tell me, what have they done?
Debt service is still at historic lows with respect to economic output.
The only thing that matters is how fast it grows with respect to economic output. See the chart at the bottom.
The 2013 federal deficit is currently less than $250 billion 6 months into year. There has to be severe increases in government expenditures for the deficit to approach more than $700 billion between July and January 2014. Heroic assumption at best.
Why do you neglect to mention surpluses over $100 billion in both April and June?
Your knowledge of economic history is pathetic. The bottom of the Great Depression occurred in 1933 (the last time the U.S. faced such a severe financial crisis). Your presence here is simply to promote an agenda, without any regard for data, analysis, theory, discussion, etc... that does not lend credence to your ideology. If it contradicts Rush, it must be liberal brainwashing. Weak debate tactic.
See, that's not what I'm claiming. I'm claim what YOU want (you know, no regulations and no minimum wage) can be found in a government like China. So, what YOU want is to be in China. China favors employers, has next to no regulations, and no minimum wage.
So, if we want to fundamentally change this country into one like China, we need to do the things you support.
Well then, congratulations, you and those supporters got exactly what you wanted, high unemployment, low economic growth, and massive increases in the debt. You must be so proud.
Your claims are typical liberal BS which does nothing but divert from the thread topic and divert from the Obama record.
People vote with their wallets; household net worth has increased by 30% since 2009; the single greatest increase during any presidency on record.
Your claims are typical liberal BS which does nothing but divert from the thread topic and divert from the Obama record.
People vote with their wallets; household net worth has increased by 30% since 2009; the single greatest increase during any presidency on record.
Okay are you against min wage? Does China have a min wage?
Okay you're are against regulation? Does China have more or less regulation than the US as far as employment and environment?
Yes, I am against the minimum wage and support a market wage, the only ones benefiting from a minimum wage are those overpaid at minimum wage.
Okay so you want what China has.
Now what about regulation?
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