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Thread: Public Debt

  1. His time would be much better spent gluing drawers shut in a Clintonesque manner I'm guessing.

  2. Quote Originally Posted by buttcheeks View Post
    A compromise between what? Dumb and Dumber?

    No, a giant douche and a turd sandwich.

  3. Click for full size



    I don't know who gets more credit Bush I and Clinton or the congress of the time, but I know this -- our leaders of the past six years have ruined our credit and blown our money with thier playwar like an minimum-wage nineteen-year-old with daddy's credit card and the motorscooter he just bought.


    EDIT: also: look how the debt was going down under LBJ and Nixon during the Vietnam War compared to the Bush/Cheney War Machine®. What gives bros?

    http://www.thebudgetgraph.com/
    http://www.fedspending.org/
    Last edited by Doc Holliday; 13 Nov 2007 at 01:26 PM.
    It is good to carry some powdered rouge in one's sleeve. It may happen that when one is sobering up or waking from sleep, a samurai's complexion may be poor. At such a time it is good to take out and apply some powdered rouge.

  4. Quote Originally Posted by Yoshi View Post
    You don't balance the budget during war time.
    The War on Drugs was/is still ongoing and Clinton managed to balance the budget.
    Last edited by Shooting Love; 13 Nov 2007 at 01:33 PM.

  5. #35
    lol the war on drugs

  6. This is the real tragedy of the Iraq war. A trillion dollars that could have been spent on other shit.

  7. Quote Originally Posted by Shooting Love View Post
    The War on Drugs was/is still ongoing and Clinton managed to balance the budget.
    lol STFU

  8. Democracy is more short term than it should be is the only thing I can possibly see as the reason this happens. It doesn't even matter if people ever make us pay up, we are still paying them interest. The only thing working in our favor is confidence in the dollar is still relatively high (last I checked, which was a while ago), which brings interests rates lower than they probably should be. In this way, its a case of is the money worth more to us now than its cost in the future.

    Obviously we think so right now, but democracy is really short sighted unless you somehow manage to educate or blind the masses. Personally I would vote for reducing the budget being a top priority, but I would have also voted against the war in iraq, so my vote is sorta a given. Plus I vote on social issues over economic ones.

    If there is one player that could feasibly want to destroy the economy, its china. And they have the most US dollars of any foreign country I think, so if they sold, they could plummet everything downwards, then see who picks up the pieces fastest. Which might be them.
    Check out Mr. Businessman
    He bought some wild, wild life
    On the way to the stock exchange
    He got some wild, wild life

  9. Quote Originally Posted by Destin View Post
    It doesn't even matter if people ever make us pay up, we are still paying them interest. ...Personally I would vote for reducing the budget being a top priority, but I would have also voted against the war in iraq, so my vote is sorta a given. Plus I vote on social issues over economic ones.
    From the first post, just think about it when you fill out your 1040 next year, $0.47 out of every dollar you're giving Uncle Sam goes to pay just the interest on our debt, which Bush and Regan have helped explode, yes we were fighting Russia, Iraq and Cucuy, but as stated above Johnson and Nixon fought an invisible enemy in a unneeded war without raping the budget.

    EDIT: another nice statistic (from the CIA)
    debt rank GDP rank
    Last edited by Doc Holliday; 13 Nov 2007 at 03:15 PM. Reason: interest not even the debt
    It is good to carry some powdered rouge in one's sleeve. It may happen that when one is sobering up or waking from sleep, a samurai's complexion may be poor. At such a time it is good to take out and apply some powdered rouge.

  10. The 1980s debt absolutely had to happen. We were strategically playing a game of chicken with the USSR that we knew they couldn't win. The government was still reasonably small, as it was a technological race. Big government is never a good thing, and, unfortunately, a lot of that recent debt didn't go to kill Arabs. It went to make the government bigger.

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