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Thread: Jerry Brown: California's deficit is gone

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Dickieboy View Post
    Yeah but you sure as hell can't prove the original point...keep running...

    Just a reminder:
    Prove what?That the budget was in balance during the Clinton presidency?I proved my point.
    Last edited by Donc; 01-14-13 at 09:53 PM.
    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: Jerry Brown: California's deficit is gone

    Quote Originally Posted by sangha View Post
    He is referring to reports that congress requests from the CBO; not the data that the CBO uses to produce the reports
    Krugman's quote. I'll just keep pasting it and laughing at your buffonery

    What you need to realize is that the CBO is the servant of members of Congress, which means that if a Congressman asks it to analyze a plan under certain assumptions, it will do just that — no matter how unrealistic the assumptions may be. CBO will tell you what’s going on, but it will do so deadpan, doing nothing in terms of emphasis or placement to highlight the funny business.
    He's admitting the CBO is a political tool of politicians. My point stands. CBO projections are not infallible. They are wild guesses at best, made under an assortment of assumptions that reflect the current environment. Nothing more. For example they double counted Medicare savings initially when they laughably claimed Obamacare would "reduce the deficit". As a matter of fact, their initial projection has now doubled

    CBO | CBO Releases Updated Estimates for the Insurance Coverage Provisions of the Affordable Care Act

    The current head of the CBO is Douglas Elmendorf, a Democrat Appointee who met with Obama to brainstorm Obamacare legislation. This is a guy who used to work for the Brookings Institution. A left wing institution. He was part of the Hamilton project, whose leader went on to work for the Obama Campaign.

    Republicans Assail President Obama Meeting with Congressional Budget Office Director As Inappropriate - ABC News

    Former CBO director Douglas Holtz-Eakin, a Republican appointee who advised the 2008 presidential campaign of Sen. John McCain, R-Ariz., said that he never had a private meeting at the White House during his time helming CBO, from 2003 to 2005.

    “The only appearance could be that they’re leaning on him,” Holtz-Eakin said. “CBO was created for Congress, for independent analysis. The White House did him (Elmendorf) a terrible disservice.”

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    Prove what?That the budget was in balance during the Clinton presidency?I proved what my point.
    You proved that "Show me the year since Ike when the debt went down. Or even stayed the same..."?

    No you didn't. You showed that there WAS a balanced budget that, once the fiscal period for said budget expired, was proved to be erroneous and the debt rose...ergo FAIL...
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    Prove what?That the budget was in balance during the Clinton presidency?I proved what my point.
    Clinton robbed from SS to pay down Public Debt. He stuffed SS with IOUs (Intragovernmental holdings)

    Intragovernmental holdings spiked every year of his Presidency because he was robbing the SS Trust Fund to cook the books

    You can look at the numbers yourself. The National Debt under Clinton increased every year of his Presidency. His last budget proposal created a deficit of 100billion. Oh, and he also left Bush was a recession when he left office, as well as OBL planning/plotting 9/11 in Afghanistan.

    Debt to the Penny (Daily History Search Application)

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Dickieboy View Post
    You proved that "Show me the year since Ike when the debt went down. Or even stayed the same..."?

    No you didn't. You showed that there WAS a balanced budget that, once the fiscal period for said budget expired, was proved to be erroneous and the debt rose...ergo FAIL...
    What post was it where I said anything about the debt going down?
    Last edited by Donc; 01-14-13 at 09:54 PM.
    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: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Bronson View Post
    Clinton robbed from SS to pay down Public Debt. He stuffed SS with IOUs (Intragovernmental holdings)

    Intragovernmental holdings spiked every year of his Presidency because he was robbing the SS Trust Fund to cook the books

    You can look at the numbers yourself. The National Debt under Clinton increased every year of his Presidency. His last budget proposal created a deficit of 100billion. Oh, and he also left Bush was a recession when he left office, as well as OBL planning/plotting 9/11 in Afghanistan.

    Debt to the Penny (Daily History Search Application)
    Was Clinton the first/only President to do that?
    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: Jerry Brown: California's deficit is gone

    At least take this statistics with a grain of salt.

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by kuannjin View Post
    At least take this statistics with a grain of salt.
    Try again, your stats didn't take.
    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: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    What post was it where said anything about the debt going down?
    This one:

    Quote Originally Posted by Whipsnade View Post
    You seem to be confused as to what a balanced budget is. Not surprising. A balanced budget, particularly a government budget, has revenues equal to expenditures. Hopefully it’s a budget with no deficits,if you keep your fingers crossed has a surplus.

    In 1999 Revenues were (1,827.5), outlays were (1,701.8), on budget (1.9) Social Security (124.7) Postal Service (-1.0 ) total (125.6 )

    In 2000 Revenues were (2,025.2)outlays were (1,789.0)on budget(86.4)Social Security (151.8) Postal Service (-2.0) total (236.2)

    In 2001 Revenues were(1,991.1)outlays were (1,862.8)on budget(-32.4)Social Security (163.0) Postal Service (-2.3)total (128.2)

    This all had two things in common going back to 1972, and more than likely as far as social security being added to the pot,going back further. Like I said SS is part of the national budget and they all had this in common= Debt Held by the Public. Debt Held by the Public, in 1972 was= 322.4. Debt Held by the Public, in 2001 was= 3,319.6.


    CBO | Historical Budget Data
    Which was challenged:

    Quote Originally Posted by Eighty Deuce View Post
    Cut the BS. Show me the year since Ike when the debt went down. Or even stayed the same (a balanced budget).

    You can't. Cause it did not happen.

    Notching my pistol as you contemplate knowing you have been busted for liberal nonsense.
    Which you failed to do...and you still keep running...done
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Dickieboy View Post
    This one:



    Which was challenged:



    Which you failed to do...and you still keep running...done
    These numbers look pretty balanced to me.GASP...could even be called a surplus.

    In 1999 Revenues were INPUT (1,827.5), OUTPUT outlays were (1,701.8)
    In 2000 Revenues were INPUT (2,025.2) OUTPUT outlays were (1,789.0)
    In 2001 Revenues were INPUT(1,991.1)OUTPUT outlays were (1,862.8)

    I bolded the pertinent parts.Maybe this time the winger fog will clear out and it'l enter the ole dome.I doubt it though.
    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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