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Thread: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by jmotivator View Post
    How do we pay interest?
    Inflation occurs when output grows faster than productivity.

    Interest counts as revenue/income for the private sector.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Lord of Planar View Post
    That one is still almost a year old. We are now 70 months into this current recession. That '81 recession was only 26 months and half as deep.

    Why do you liberals thing such intellectual misinformation wins any points with anyone?

    Also, how do you blame the '81 recession on Reagan when:

    1) He had a democrat congress.

    2) The recession started very shortly after he took office. This was on Carter's last budget that this happened in.

    3) The '07 recession happened after democrats had budget control.
    I don't "blame the '81 recession on Reagan". That's not why I pasted the graph.

    Some idiot in here said that the 81 recession was worse than this one, Which, obviously (if someone took 5 seconds to look at the graph), it was not.

    The argument was that Reagan tripled the debt to pull us out of a short and shallow recession. So, why gripe when Obama wants to increase the debt a fraction of that in order to pull us out of a much deeper and longer lasting recession, one which is almost as bad as the Great Depression.
    Last edited by calamity; 10-04-13 at 04:13 PM.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Conservative View Post
    So tell me the money that the Treasury owes the trust fund isn't an obligation in your world and thus not a debt? Try that in your personal finances taking money from your tax account, accrue the expense, and then not be able to pay the bill. Of course you cannot print money.

    For some reason you want to believe Bill Clinton had surplus yet the debt grew each year. How is that possible. Talk about being duped by an ideology. Let's assume that you are right, Bill Clinton had a surplus, do you think he signed budgets that were greater or less than he proposed? Do you think he shut down the govt. because the GOP Congress gave him more than he requested?

    Do you understand that the debt is created by deficits? If there is no deficit there is no debt. If there is a surplus the debt is reduced. Please show me where the debt was reduced to the U.S. Taxpayers? No matter how many times you post this bs it doesn't make it true nor is it relevant to the mess Obama has created. I know this is hard for you to accept because you have so much emotional capital invested in your failed ideology but Bill Clinton was a master politician. I guess the recession he left us with and of course 9/11 which happened had nothing to do with the increase in the debt. Those obviously were GW Bush's fault just like the economic numbers today are still Bush's fault? Do you or any other liberal accept any responsibility for personal or ideological failures?
    I had a feeling that even the simplest explanation of the Clinton surplus would go over your head. You can't grasp the concept that the Govt. could owe money to ITSELF. The "debt" figures you quote as proof reflects that money too. When the trust funds cash in those T bills they bought with excess revenue the debt will go down.
    The depth of your partisan lunacy is reflected in blaming Clinton for 911 when clearly it was Bush that dropped the ball and ignored multiple warnings with thr infantile explanation that he thought Sadaam Hussein was "tricking us" and they weren't real Alqeada leaks. The depth of that stupidity could only be matched by minds like yours. You are like peas in a pod.
    So besides starting a war with a lie for the justification, dropping the ball on 911 and Katrina and bankrupting us with a lopsided tax cut for the wealthiest leading to the highest deficits ever in our history, Bush also presided and encouraged a real estate bubble that resulted in a worldwide financial meltdown and a 6 Trillion dollar loss in home equity of every American along with the worse recession since the 1930's. How any sane person can call that a successful Administration is beyond me.
    Last edited by iguanaman; 10-04-13 at 04:26 PM.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    I don't "blame the '81 recession on Reagan". That's not why I pasted the graph.

    Some idiot in here said that the 81 recession was worse than this one, Which, obviously (if someone took 5 seconds to look at the graph), it was not.
    That idiot would be me and I have called much worse by the real idiots in this thread who have no concept of leadership and understanding of personal pain and suffering from a period of time when they probably weren't even born. I don't put a lot of faith in much that you say because you simply do not have any concept of how recessions affect individuals especially a recession compounded by high inflation, high unemployment, and high interest rates. You see, you have no understanding how economic policy affects those areas and thus it is easy for you to look at the 07-09 recession as worse because we are still experiencing the effects of that recession due to zero Presidential leadership.

    Continue to buy what the left elites tell you and ignore the actual economic policies and leadership that led us out of the 81-82 recession compared to the lack of leadership today because that doesn't suit your ideology and political beliefs. You want badly to believe that totally incompetent President we have today who somehow believes that bigger govt. and massive dependence somehow creates economic prosperity. A President that believes the private sector will continue to create jobs and economic growth by penalizing it with increased costs and regulations. You are part of the problem and never will be part of the solution because quite simply you live in a liberal dream world that simply doesn't exist.
    Last edited by Conservative; 10-04-13 at 04:27 PM.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by iguanaman View Post
    I had a feeling that even the simplest explanation of the Clinton surplus would go over your head. You can't grasp the concept that the Govt. could owe money to ITSELF. The "debt" figures you quote as proof reflects that money too. When the trust funds cash in those T bills they bought with excess revenue the debt will go down.
    Wow. Really? The government owes itself money and can just print more and more with no consequence, right? Lol...

    Also, take SS, for example... SS is not funded by ordinary T bills, but by special Treasury issues that cannot be sold as securities. Think about that... Learn about that and then consider whether or not intergovernmental dent is unimportant.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by iguanaman View Post
    I had a feeling that even the simplest explanation of the Clinton surplus would go over your head. You can't grasp the concept that the Govt. could owe money to ITSELF. The "debt" figures you quote as proof reflects that money too. When the trust funds cash in those T bills they bought with excess revenue the debt will go down.
    The depth of your partisan lunacy is reflected in blaming Clinton for 911 when clearly it was Bush that dropped the ball and ignored multiple warnings with thr infantile explanation that he thought Sadaam Hussein was "tricking us" and they weren't real Alqeada leaks. The depth of that stupidity could only be matched by minds like yours. You are like peas in a pod.
    I don't know what it is about you and your obsession with what you perceive as the Clinton surplus yet you will not answer the basic question. IF THERE WAS A SURPLUS WHY DID THE DEBT GO UP EACH YEAR OF THE CLINTON YEARS! Don't you think that a 200 plus billion surplus would reduce the debt? The depth of your partisanship prevents you from using logic and common sense.

    The govt. doesn't owe itself a dime, it is owed to the taxpayers. Where do you get this bs information? All this is nothing more than an attempt to divert from Obama's poor economic performance. One of these days that light bulb is going to go off in that head of yours and hopefully it isn't too late.

    I really feel sorry for people like you, guess there is liberalism in all of us. You simply aren't mature enough to admit you are wrong on any issue. It is liberals that always place blame and never accept responsibility. Now answer the question

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Kushinator View Post
    Inflation occurs when output grows faster than productivity.

    Interest counts as revenue/income for the private sector.

    But where does that money come from when that bond is paid? Is it pinned to productivity? Nope. It is purely an inflationary pressure. It is purely an increase in currency.

    That doesn't mean that inflation happens when a bond is paid, but in means that the central bank is forced to push deflationary measures to counter it.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Conservative View Post
    I don't know what it is about you and your obsession with what you perceive as the Clinton surplus yet you will not answer the basic question. IF THERE WAS A SURPLUS WHY DID THE DEBT GO UP EACH YEAR OF THE CLINTON YEARS! Don't you think that a 200 plus billion surplus would reduce the debt? The depth of your partisanship prevents you from using logic and common sense.

    The govt. doesn't owe itself a dime, it is owed to the taxpayers. Where do you get this bs information? All this is nothing more than an attempt to divert from Obama's poor economic performance. One of these days that light bulb is going to go off in that head of yours and hopefully it isn't too late.

    I really feel sorry for people like you, guess there is liberalism in all of us. You simply aren't mature enough to admit you are wrong on any issue. It is liberals that always place blame and never accept responsibility. Now answer the question
    I''ll say this one more time. The debt did not go up, only those figures did. When a trust fund (look that up) buys T-bills with their excess revenue so they may earn interest, it is added to the debt figures you are so fond of. But it is not real debt is it? It is excess REVENUE. When those t bills are cashed in the debt goes down. Your hoaxers are using a table that counts excess revenue of the trust funds (and there are many) as debt and that's how they are fooling you.
    The figures from the CBO are the correct ones. You've been hoaxed and I can't believe it is the only time. Partisans are such easy marks.
    Last edited by iguanaman; 10-04-13 at 04:40 PM.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by iguanaman View Post
    I had a feeling that even the simplest explanation of the Clinton surplus would go over your head. You can't grasp the concept that the Govt. could owe money to ITSELF. The "debt" figures you quote as proof reflects that money too. When the trust funds cash in those T bills they bought with excess revenue the debt will go down.
    The depth of your partisan lunacy is reflected in blaming Clinton for 911 when clearly it was Bush that dropped the ball and ignored multiple warnings with thr infantile explanation that he thought Sadaam Hussein was "tricking us" and they weren't real Alqeada leaks. The depth of that stupidity could only be matched by minds like yours. You are like peas in a pod.
    So besides starting a war with a lie for the justification, dropping the ball on 911 and Katrina and bankrupting us with a lopsided tax cut for the wealthiest leading to the highest deficits ever in our history, Bush also presided and encouraged a real estate bubble that resulted in a worldwide financial meltdown and a 6 Trillion dollar loss in home equity of every American along with the worse recession since the 1930's. How any sane person can call that a successful Administration is beyond me.
    You've achieved a sort of immortality with that post. I've never seen so many errors of fact jammed together in such a short space..

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by JMak00 View Post
    Wow. Really? The government owes itself money and can just print more and more with no consequence, right? Lol...

    Also, take SS, for example... SS is not funded by ordinary T bills, but by special Treasury issues that cannot be sold as securities. Think about that... Learn about that and then consider whether or not intergovernmental dent is unimportant.
    And when they buy those "special issues" with their excess revenue it is added to the debt in the chart you are using. But it is not debt it is revenues and when those bills are cashed in the debt will go down. How does it feel to be hoaxed?

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