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Thread: United States loses its AAA Credit rating from S & P

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by donc View Post
    Who pays this non expense?
    Doesn't make any difference, revenue shortfalls are not an expense to anyone.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Doesn't make any difference, revenue shortfalls are not an expense to anyone.
    Revenue shortfalls are an expense when combined with two none funded wars as well a bordering on idiocy.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Then you need glasses, no accountant will ever support that claim. How is keeping more of what you earn an expense to the Federal Govt. I gave you the line item expenses and nowhere does tax cut appear as an expense. That is nothing more than liberal talking points that the brainwashed buys.
    As an accountant (at least by training), I must agree that revenue reductions are not an expense. They do, however, have the exact same result on the bottom line. Hence, the primary point is valid and discussion is about form rather than substance (wasting time in the academics and not facing the issue).
    Last edited by upsideguy; 08-16-11 at 02:34 AM.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Look you have yet to prove me wrong on any issue, total debt went up thus there was no surplus under Clinton. You think it is ok to steal your contriubtion to SS to show a surplus in the public debt? how are these IOU's going to be repaid?

    Social Security IOUs stashed away - Washington Times
    You concede my point, then. Kthxbai

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Phys251 View Post
    You concede my point, then. Kthxbai
    What a troll reply. Is that really your response? If so, only one word comes to mind:

    On second thought, maybe a second word comes to mind: pwned-56304.jpg

    "Too often we enjoy the comfort of opinion without the discomfort of thought."
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    Quote Originally Posted by Montecresto View Post
    It would seem that the constitution is just a god damn piece of paper, to be trotted out when expedient.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by upsideguy View Post
    As an accountant (at least by training), I must agree that revenue reductions are not an expense. They do, however, have the exact same result on the bottom line. Hence, the primary point is valid and discussion is about form rather than substance (wasting time in the academics and not facing the issue).
    The problem for liberals is that the tax rate cuts saw an increase in revenue after fully implemented and liberals cannot explain it. Liberals always ignore human behavior and the benefit to the taxpayer and the economy from those tax cuts. I see no valid point in discussing lost revenue that didn't happen.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by donc View Post
    Revenue shortfalls are an expense when combined with two none funded wars as well a bordering on idiocy.
    Demo's controlled the purse for four years unobstructed, that is evidenced by their forcing through such social spending programs as the Health Care law, and the Stimulus. But you want us to believe that they were powerless to stop the wars that in 10 years didn't cost as much as Obama, and demo spending hikes of one year?

    Listen, it is simple. When you have a monetary shortfall in your house, but you wanted to spend on some things like say, a new car, or some new power equipment, do you do it anyway? Do you spend without the money to buy it? My guess is no, and that is what we are asking our government to do now....Reign it in.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch!
    bush* economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have caused our credit downgrade
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    Do you really want to go there? It would take me about a day. I can review your post history and develop a reasonably accurate assessment of your actual political beliefs and contrast them with your professed beliefs. I can probably find enough individual information to develop a history. Maybe I will.
    This should be fun.

    You will have to bring it here though.

    http://www.erisbarandgrill.com/forum/index.php

    I strongly disagree with the latest infraction I have received and have chosen to leave this place where the admins actually allow people to talk.

    To those who provided interesting conversation, thank you very mush.
    Last edited by Polotick; 08-16-11 at 10:05 AM.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by donc View Post
    WOW,three weeks to turn a child in to a stone socialist...gotta get that recipe.


    MAN reading some of your post is better than the funny papers.
    Posting lies like that is what rightwingers do when they're losing. I call it "Retreat and Repeat"

    I noticed that there are several rightwingers who constantly repeat the same lies over and over in this thread.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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