Main Menu |
Most Favorited Images |
Recently Uploaded Images |
Most Liked Images |
Top Reviewers |
cockalatte |
650 |
MoneyManMatt |
490 |
Jon Bon |
408 |
Still Looking |
399 |
samcruz |
399 |
Harley Diablo |
377 |
honest_abe |
362 |
DFW_Ladies_Man |
313 |
George Spelvin |
310 |
Starscream66 |
300 |
Chung Tran |
288 |
lupegarland |
287 |
nicemusic |
285 |
You&Me |
281 |
sharkman29 |
262 |
|
Top Posters |
DallasRain | 71325 | biomed1 | 67611 | Yssup Rider | 62794 | gman44 | 54982 | LexusLover | 51038 | offshoredrilling | 49469 | WTF | 48272 | pyramider | 46416 | bambino | 45243 | The_Waco_Kid | 39810 | CryptKicker | 37388 | Mokoa | 36499 | Chung Tran | 36100 | Still Looking | 35944 | Dr-epg | 34082 |
|
|
07-28-2012, 09:37 PM
|
#1
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
Obama Sets Another Record!
First President in history to have the debt increase by more than $1 trillion every year in his term. How's that Hope and Change working for you?
Oh, and remember the promise to cut the deficit in half? Didn't think so.
http://cnsnews.com/news/article/fede...ht-fiscal-year
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 06:16 AM
|
#2
|
Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
|
Go for the gold we like a winner....
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 11:11 AM
|
#3
|
Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
|
Quote:
Originally Posted by CuteOldGuy
First President in history to have the debt increase by more than $1 trillion every year in his term. How's that Hope and Change working for you?
Oh, and remember the promise to cut the deficit in half? Didn't think so.
http://cnsnews.com/news/article/fede...ht-fiscal-year

|
a deficit isnt necessarily a bad thing in a down economy ... look it up
anyhow, look on the bright side. If Willard Gumby has his way he will pack another 25% on top of that...
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 03:00 PM
|
#4
|
BANNED
Join Date: Jul 24, 2012
Location: Austin
Posts: 44
|
The liberals will make plenty of excuses for houseboy. He will be reelected.
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 03:55 PM
|
#5
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
God, CBJ7. Tell me how good a $15 trillion debt is good for us. How does adding more than $1 trillion a year help us out? Yeah, look it up and tell me.
Not even Keynes would support this.
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 04:07 PM
|
#6
|
Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
|
Quote:
Originally Posted by CuteOldGuy
God, CBJ7. Tell me how good a $15 trillion debt is good for us. How does adding more than $1 trillion a year help us out? Yeah, look it up and tell me.
Not even Keynes would support this.
|
national debt or fed deficit ?
look it up
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 04:14 PM
|
#7
|
Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,272
|
Quote:
Originally Posted by CuteOldGuy
Not even Keynes would support this.
|
Keynes would not have supported the Bush tax cuts.
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 04:26 PM
|
#8
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
So? Does that mean he would approve the current deficits? Or are you just deflecting again?
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 04:34 PM
|
#9
|
Valued Poster
Join Date: Jun 25, 2012
Location: Ahead of you.
Posts: 910
|
Keynesian techniques have never pulled any world economy out of recession or depression. And Keynes was a supporter of eugenics. Look that up.
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 04:51 PM
|
#10
|
Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
|
Quote:
Originally Posted by CuteOldGuy
So? Does that mean he would approve the current deficits? Or are you just deflecting again?
|
apparently you dont know the difference between a deficit and the debt
no Im not deflecting
deficit spending means someone is pumping $ into the economy and when that happens the debt doesnt grow ... figure that one out
Keynesian techniques have never pulled any world economy out of recession or depression
true that, Duc ... ..
trickle down economics on the other hand, are on record leading to recessions
build the house from the roof down seems so intelligent ...
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 04:56 PM
|
#11
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 05:17 PM
|
#12
|
Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
|
Quote:
Originally Posted by CuteOldGuy
|
The deficit is the difference between how much the federal government spends and how much it collects in one year. If the government “earns” $2 trillion in taxes in one year, but spends $3 trillion, that’s a deficit of $1 trillion. In order to pay for the difference, the government has to borrow money from itself, American citizens, foreign countries, and other sources.
The national debt, on the other hand, is the total amount we owe. Every year that we borrow more money, the debt grows larger.
COF .... the budget deficit isnt $15 Trillion dollars
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 06:07 PM
|
#13
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
I never referred to a $15 trillion deficit. Read the post. That comprehension problem isn't getting any better.
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 06:38 PM
|
#14
|
Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
|
Quote:
Originally Posted by CuteOldGuy
I never referred to a $15 trillion deficit. Read the post. That comprehension problem isn't getting any better.
|
I said deficit and you said, God, CBJ7. Tell me how good a $15 trillion debt is good for us
read the post
|
|
Quote
 | 1 user liked this post
|
07-29-2012, 07:01 PM
|
#15
|
Valued Poster
Join Date: Jun 25, 2012
Location: Ahead of you.
Posts: 910
|
Quote:
Originally Posted by CJ7
apparently you dont know the difference between a deficit and the debt
no Im not deflecting
deficit spending means someone is pumping $ into the economy and when that happens the debt doesnt grow ... figure that one out
Keynesian techniques have never pulled any world economy out of recession or depression
true that, Duc ... ..
trickle down economics on the other hand, are on record leading to recessions
build the house from the roof down seems so intelligent ...
|
You two really seem to be talking past one another here. It seems you both understand the diff between defecit and debt.
Not to put words into COG's mouth but it seems to me he was saying that even though Keynes was in favor of defecit spending, in light of the 15 trillion debt we have, he wouldn't want to keep borrowing.
There is also no such thing as "trickle down economics". No books written, no classes offered. I believe what you're referencing is "supply side economics" and it was used to great effect by both Clinton and Kenedy.
|
|
Quote
 | 1 user liked this post
|
|
AMPReviews.net |
Find Ladies |
Hot Women |
|