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Thread: Debt ceiling cost to taxpayers: $1.7 billion

  1. #141
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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by Taylor View Post
    LOL - yes let's take interest into account so this looks REALLY ridiculous.
    It does look really ridiculous...

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by SheWolf View Post
    It does look really ridiculous...
    Only if you do not think about it. One day, one recurring 1.7b expense. Interest on the debt is 400b every year. I think you an see how quickly a higher interest rate can add up.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    And don't forget, ALL interest rates in the U.S. are based on Treasury rates. If the government pays more to borrow, sooner or later (sooner) businesses and individuals will also pay more to borrow.

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by Conservative View Post
    Apparently this is the way Socialists do research
    I dont know how much more clear it can get...
    ..."the Commerce Department on Thursday said gross domestic product rose at a 1.8% annual rate between January and March, slower than the 3.1% pace in the prior three months."





    That was a prelimary report that was revised down to .4%, bea.gov. Doesn't do much for your credibility.
    News Release: Gross Domestic Product[/QUOTE]

    I think you should take a look at the study of your report: "Revised Estimates: 2003 through First Quarter 2011"
    The other study of MarketWatch is from Jan to March......


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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by SheWolf View Post
    Reminds of when they paid somebody thousands of dollars an hour do defend DOMA... ****ing idiots
    No, its because they don't care what the cost is.


  6. #146
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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    DemSocialist: I'm not trying to take sides, but you are just not right. Q1 gdp growth was revised down to 0.4%.
    "A witty saying proves nothing." Voltaire

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Yep. And apparently this wonderful debt limit bill will have the effect of reducing GDP by .3%, eliminating over 300,000 jobs in the short term, and over a million jobs in the mid term. Thanks, teabaggers!!

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by Redress View Post
    Only if you do not think about it. One day, one recurring 1.7b expense. Interest on the debt is 400b every year. I think you an see how quickly a higher interest rate can add up.
    LOL -- are you being serious? We're on track to increase the debt something like 10 trillion over the next decade and you're whining about this being something significant?

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by TheDemSocialist View Post
    I think you should take a look at the study of your report: "Revised Estimates: 2003 through First Quarter 2011"
    The other study of MarketWatch is from Jan to March......
    It says the same thing everyone has been saying: "In the first quarter, real GDP increased 0.4 percent"

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by pbrauer View Post
    Conservatives don't care about the cost as long as it serves their political goals, in my opinion.

    Debt ceiling cost: $1.7 billion for Treasury bills - Aug. 1, 2011
    *snort* "conservatives"

    What would the tax-hikes have cost us?
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
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