Debt-to-GDP ratio - Wikipedia, the free encyclopedia
If you don't even know the simplest measures of economic health, then I really can't help you.
Wow, since you are so clearly incapable of basic reading comprehension, here again is what I posted.Libertarians don’t flame corporations and advocate bigger government. I don’t know who you think you are fooling with that label but you clearly aren’t a libertarian.
Last edited by CriticalThought; 04-18-11 at 06:42 AM.
obamacare cuts medicare a half T while simultaneously expanding its already teetering enrollmentYou are opposed to cutting waste in medicare?
americans with NO INSURANCE fare better---lower costs and mortalities, shorter stays---than their neighbors on medicaid, the ghetto of health careMonths of waiting for knee and hip replacements are damn sight better than not being able to afford knee and hip replacements at all!
ASA: ASA 130th Annual Meeting Abstracts - Primary Payer Status Affects Mortality For Major Surgical Operations
and if hurryup harry doesn't DO something soon, our entitlement programs will not be there for the next generation
excellent speeches, anyone?
americans are just gonna have to wait
meanwhile, service on the debt, mere interest alone, is racing toward a full T per year
every two weeks go by we go further under on the order of a hundred bil
and if something isn't done soon about entitlement reform, social security and medicare and medicaid will simply not be there for the next generation (nor will state pensions)
at least not in the form we've been promised and expect
The Good Reverend, not being a right wing extremist, has said nothing on SS or the New Deal. Perhaps the far left wing socialist, union apologist can prove his assertion instead of resorting to prevarication.
The Good Reverend notes that both party's spend like far left liberal fools. Perhaps you can debate his actual points not the far left extremist communist unionist drivel.
Matthew 10:34Think not that I am come to send peace on earth: I came not to send peace, but a sword.
Give a man a fish, or he will destroy the only existing vial of antidote.
I would say I'm kinda left libertarian, as my ideology has no common representation. The result of forming much of it earlier than most and THEN coming in contact with existing ideologies.
But I would qualify it as not opposing private property rights in theory at all, but having issues with how they translate into practice sometimes. If that makes sense.
I actually thought I had found "my" ideology when I encountered libertarianism.
It was the laissez-faire thing that refused to resolve for me.
I've just never seen the issue of the tendency of capitalism to not only create wealth, but to concentrate weath as well, addressed to my satisfaction.
No system made by man is perfect that I have encountered.
Our Constitutional system comes closer IMHO than anything prior to addressing the issue of humans and govt., but the Founders knew that time and wisdom would require it to evolve, so designed it to allow this "correction" of their vision.
No economic philosophy was set forth in the Constitution, as I feel was appropriate.
And capitalism is good at doing what it does.
But it is a system devised by man, and is therefore imperfect.
It was preceded by earlier ideas and will inevitably be followed with something that better suits some future set of conditions.
I am rarely able to even get anyone to discuss my concerns with capitalism, which are actually more with the details of how its shortcomings might be addressed than a rejection of it on its face.
The level of discussion on this forum has improved markedly recently. I really enjoy it.
And I really appreciate those who have opinions they have clearly formed themselves. As this means they think ABOUT what they're talking about, and not just HOW to prove someone else wrong.
That I always agree with!
I tend to test my conclusions against others'. To test them. Partisan, ideological bickering doesn't help me learn.
It actually tends to re-enforce my original belief when someone insists on answering a question I'm not asking.
Thanks for the thoughtful post, in other words.
Anyone wondering what I'm talking about start here:
The Psychology of Persuasion
If you bothered to educate yourself a little on the subject you would realize that there are a number of types of debt and a number of ways that debt is calculated. This is also why government reports of surpluses and deficits are misleading.
Had you bothered to read the article you would have noticed the essential mathematical equation “Government Debt divided by GDP” and understood that “Government Debt” is a variable that must be replaced with a value (as is “GDP”) before mathematical computations can occur and graphs can be drawn.
Obviously you have no clue how these values were derived and for your pretty little chart and you probably didn’t even bother to follow the link on your website where you could have learned that there are a number of ways government debt is defined/calculated. Government debt - Wikipedia, the free encyclopedia
You enjoyed the comfort of opinion without the discomfort of thought.
That was a long winded way of saying that you don't like the graph so you are going to protest the numbers behind it without actually knowing what they are. Most calculations place the debt as percentage of GDP at below 60%. Not to mention our debt is rated AAA which means it is among the best investments in the world. So apparently the people who rate debt and the people who buy debt are pretty confident in our debt as percentage of GDP, and you, without providing any numbers of your own, are not, simply because it doesn't spell the gloom and doom that you have been brainwashed to believe we are currently facing. Hm, should I believe you or the market? The only way we would have any problem is if the GOP stands in the way of raising the debt ceiling, but they would have to be suicidal to try to pull such a stunt.