Kushinator;1062105414]Future tax revenue
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Projections again? When was the last time your projections were right? How much in tax revenue are we collecting from the millions unemployed/under employed/discouraged workers?
Investing their surplus in government securities is not propping up the Treasury. You have a vivid imagination!
You really don't understand self insured do you nor the fact that the govt. doesn't invest, the govt. spends. Too bad you are an example of today's education system
You keep responding to arguments i have never made. Show me one time where i said the S.S. trust fund is beating the market average? You are full of nonsense.
Never said it was beating the market averages because that would be a lie. What is nonsense is the govt. taking SS contributions and spending it on items other than SS and getting a pass from people like you.
All debt is an asset for the counterparty.
Have fun spending those IOU's
Declining labor force growth isn't going to have much effect, is it? Good luck on those projections which have yet to be right
You are illiterate when it comes to financial analysis. Actuarial analysis is analysis provided using actuarial methods. Today you learned something new!
No question about it, I only hope that I can become half as smart as you think you are. Your financial analysis doesn't put food on the table or people in housing.
It will have zero effect on the $17 trillion in debt. Future debt issuance would be more costly in a higher interest rate environment; debt yields are fixed. Another instance of conservative ignorance.
How is debt financed again and what interest rate? I would have thought someone as smart as you think you are would understand debt financing and interest rates better.
Tell me, what have they done?
Isn't that great, Obama and liberalism has so much invested in poor economic growth and high unemployment. Both keep interest rates and inflation low
Debt service is still at historic lows with respect to economic output.
Record low interest rates certainly aren't having any affect on the economy, are they? Think the Fed loves seeing interest rates this low? Must be an indication of the booming economy
The only thing that matters is how fast it grows with respect to economic output. See the chart at the bottom.
Take your chart to the unemployment office and show it to part of the millions unemployed and discouraged. I am sure having a debt exceeding our yearly GDP is acceptable to a book smart liberal
The 2013 federal deficit is currently less than $250 billion 6 months into year. There has to be severe increases in government expenditures for the deficit to approach more than $700 billion between July and January 2014. Heroic assumption at best.
That is a lie, Debt was 16.2 trillion beginning of fiscal year 2013 and today it is 16.8 trillion dollars. Need help with the math? I would have thought someone as smart as you would understand that the fiscal year of the U.S. runs from October 1 to Sept. 30. Guess not so maybe you learned something today?
Debt to the Penny (Daily History Search Application)
Why do you neglect to mention surpluses over $100 billion in both April and June?
Because they didn't exist
Debt to the Penny (Daily History Search Application)
Your knowledge of economic history is pathetic. The bottom of the Great Depression occurred in 1933 (the last time the U.S. faced such a severe financial crisis). Your presence here is simply to promote an agenda, without any regard for data, analysis, theory, discussion, etc... that does not lend credence to your ideology. If it contradicts Rush, it must be liberal brainwashing. Weak debate tactic.
Thank you very much, you calling my debate tactic weak is a compliment especially coming from someone who thinks they are so book smart. Too bad you lack any street sense.