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alaskaone
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Date Posted:05/26/2010 4:01 PMCopy HTML

AMERICA'S NATIONAL DEBT
TOPS $13,000,000,000,000;
DEBT PER TAXPAYER - $117,975;
US DEBT TO GDP RATIO - 90.3%


None of that includes unfunded liabilities, promises the federal government has made, in the form of social security, medicare and obamacare... among others, I'm sure.  Last figure I saw which included those was months ago; -$107,000,000,000,000.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
codify Share to: Facebook Twitter MSN linkedin google yahoo #151
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/13/2010 2:05 PMCopy HTML

nff

I guess if you believe that to be true, its true. I believe Obama has horns coming out of his head. So he has horns.


I can write fiction too.
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/13/2010 2:14 PMCopy HTML

Reply to nofencesfacing (06/13/2010 4:37 AM)

alaskaone

Show us an entitlement program the Obama created that is part of the $13 trillion you are taking about.  It is not there.  I have shown all the debt is on Bush.

Obama/pelosi/reidcare.  Perhaps you've heard of it?

An entitlement program creates a liability... usually unfunded.  As a future, unfunded liability, obamapelosireidcare would not be found in the current national debt, now would it?  Instead it would be found in the future, unfunded liability catagory, now wouldn't it?

Why you choose to play these games, I have no idea... but then I have no idea why anyone would follow keynesianism, either.

At this moment, the national debt clock shows future unfunded liabilities to be roughly -$109.097 trillion dollars.  I do not know if this figure includes the estimated costs of obama/pelosi/reidcare because no one seems to know what those costs will be due to the obtuse, snake oil, pig-in-a-poke nature of obamapelosireidcare.

Oh, and btw, the debt clock shows the current figure to have increased to

-$13,078,598,000,000
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/13/2010 4:13 PMCopy HTML

alaskaone

It is not a game.  The huge debt is because of Reagan, Bush and Bush.  Bush’s is directly responsible for about $20 trillion of the national debt plus the $70 trillion loss of the Great Recession.  I have shown you that and you have not made any arguments that I am wrong.  Other than your stupid remark that the spending of WWII did not end the depression because some people thought the depression would come back after the war but those people were wrong.  So why are you attacking Obama? 

On healthcare that program has not even started so it is not part of anything yet.  Why are you upset that people will have to pay for their own insurance?  State and local governments and the federal government are going under to pay for deadbeats’ healthcare.  The healthcare costs are increasing at an increasing rate.  When do we try to fix the problem?  When healthcare cost 50% of GDP or 75% or 90%? 

 

When do we start solving problems around here?  Letting mass murders go, starting wars for no reason, unfunded welfare Rx programs and transferring the nation’s wealth to the rich is not my idea of solving problem. 

 

Start attacking the Republicans for screwing things up. Stop complaining it costs so much to repair the damage the Republicans did to us.  We knew the cost would be great when Reagan came up with his voodoo economics.  Why are you so astonished now of the great costs?  In short stop doing stupid things for stupid reasons.

Do keep posting what the national debt is.  But post the real numbers.  That will help wake people up to what Reagan, Bush and Bush did to this country.

 

 

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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 4:00 AMCopy HTML

   -$13,081,100,000,000.00 national debt
-$109,105,000,000,000.00
in future unfunded liabilities.
NFF, if you have information or links disputing the accuracy of the debt clock or the accuracy of the national debt over time, do please enlighten us.

You've been espousing opinions and pretending they are facts and that's fine but don't expect me to address them in any serious fashion any longer.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 5:18 AMCopy HTML

You know the national debt is more than $13 trillion.  We promised the boomers more than that in Social Security benefits.

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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 5:21 AMCopy HTML

Yes, those promises among others are included in the "future, unfunded liabilities" figure.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 5:57 AMCopy HTML

 

http://www.usdebtclock.org/

http://www.usdebtclock.org/

alaskaone,check this out....
To be Irish is to know that in the end the world will break your heart. DANIEL PATRICK MOYNIHAN
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #158
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 6:46 AMCopy HTML

Thank you, Lila.  That is the same place the link in the o.p. goes to.  Have you heard any reason to believe it's inaccurate?

    -$13,081,580,000,000.00 national debt
-$109,107,000,000,000.00 in future unfunded liabilities.

The future, unfunded liability figure doesn't appear to include the future costs of obamapelosireidcare. 

Ah, here I've found an article about the effects of obamapelosireidcare on the federal budget;
http://corner.nationalreview.com/post/?q=OGZkOTQzOWEwNTVlMDNhMDliZTE2ZTQ0NzUxNjM0Y2U=
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 7:03 AMCopy HTML

alaskaone,sorry I didn't know your link went to the same site.as far as I know it's very accurate,
kind of takes your breath away.

To be Irish is to know that in the end the world will break your heart. DANIEL PATRICK MOYNIHAN
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/14/2010 8:30 AMCopy HTML

Earlier, for grins, i figured out how many Hyundai Accents the national debt would buy... the base model accent costs $9,970.

$13.082 trillion dollars will buy 1.313 billion Hyundai Accents... assuming we don't get a discount for buying in bulk.

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/15/2010 3:18 AMCopy HTML

 -$13,085,580,000,000.00 national debt
-$109,119,000,000,000.00 in future unfunded liabilities.

http://article.nationalreview.com/436123/the-other-national-debt/kevin-williamson

Social Security in the Hole - John Steele Gordon, Contentions
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/16/2010 6:13 AMCopy HTML

-$13,090,160,000,000.00 national debt
-$109,134,000,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/17/2010 3:20 AMCopy HTML

-   $13,094,002,000,000.00 national debt
-$109,146,652,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/17/2010 3:40 AMCopy HTML

Reply to alaskaone (06/16/2010 9:20 PM)

-   $13,094,002,000,000.00 national debt
-$109,146,652,000,000.00 in future unfunded liabilities.


June 11, 2009: "No matter how we reform health care, I intend to keep this promise: If you like your doctor, you'll be able to keep your doctor; if you like your health care plan, you'll be able to keep your health care plan." Barack Obama.
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/17/2010 3:45 AMCopy HTML

This thread was started on May 26th, roughly about the time the national debt busted through $13 trillion.

Some time tomorrow, it will bust through $13.1 trillion.  We will have added 100 billion dollars to the debt in only 22 days.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/17/2010 6:42 AMCopy HTML


Reply to alaskaone (05/26/2010 10:01 AM)

AMERICA'S NATIONAL DEBT
TOPS $13,000,000,000,000;
DEBT PER TAXPAYER - $117,975;
US DEBT TO GDP RATIO - 90.3%


None of that includes unfunded liabilities, promises the federal government has made, in the form of social security, medicare and obamacare... among others, I'm sure.  Last figure I saw which included those was months ago; -$107,000,000,000,000.

THE WASTE IS OBSCENE
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/17/2010 9:44 PMCopy HTML

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 2:00 AMCopy HTML

Reply to nofencesfacing (06/13/2010 11:13 AM)

alaskaone

It is not a game.  The huge debt is because of Reagan, Bush and Bush.  Bush’s is directly responsible for about $20 trillion of the national debt plus the $70 trillion loss of the Great Recession.  I have shown you that and you have not made any arguments that I am wrong.  Other than your stupid remark that the spending of WWII did not end the depression because some people thought the depression would come back after the war but those people were wrong.  So why are you attacking Obama? 

On healthcare that program has not even started so it is not part of anything yet.  Why are you upset that people will have to pay for their own insurance?  State and local governments and the federal government are going under to pay for deadbeats’ healthcare.  The healthcare costs are increasing at an increasing rate.  When do we try to fix the problem?  When healthcare cost 50% of GDP or 75% or 90%? 

 

When do we start solving problems around here?  Letting mass murders go, starting wars for no reason, unfunded welfare Rx programs and transferring the nation’s wealth to the rich is not my idea of solving problem. 

 

Start attacking the Republicans for screwing things up. Stop complaining it costs so much to repair the damage the Republicans did to us.  We knew the cost would be great when Reagan came up with his voodoo economics.  Why are you so astonished now of the great costs?  In short stop doing stupid things for stupid reasons.

Do keep posting what the national debt is.  But post the real numbers.  That will help wake people up to what Reagan, Bush and Bush did to this country.

 

 


You had better go back and do some research.  Before Bush left office he was responsible for $800 billion of the debt, not trillion.  Of that $500 billion was repaid to the Treasury.  Guess what Obama spent it. Thats a fact.
WHEN GOD MADE ME HE WAS JUST SHOWING OFF.
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 6:27 AMCopy HTML

In a few minutes, the national debt will break through $13.1 trillion dollars... an increase of $100 billion in only 22 days.

Good night.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 7:50 AMCopy HTML



















KEEP AN EYE ON THE MALE FIGURE



















THIS IS 1 TRILLION DOLLARS











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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 4:00 PMCopy HTML

-   $13,100,001,000,000.00 national debt
-$109,186,080,000,000.00 in future unfunded liabilities.

- $122,286,081,000,000.00 total

That is $122.3 trillion in debt and unfunded liaiblities.  Are we done fucking our children yet?
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 4:07 PMCopy HTML

Not bad. Surely we can spend more of our future generations money somehow.



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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 4:42 PMCopy HTML

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 6:42 PMCopy HTML


What's it up to now, Alaska?

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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/18/2010 10:22 PMCopy HTML

why can't they just print a One-Trillion dollar bill?

print like 10,000 of em

then we can pay it off and each of us can get 10 billion dollars.
Give a man a fire and he's warm for a day. But set fire to him and he's warm for the rest of his life.
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/19/2010 3:21 AMCopy HTML

alaskaone

That cartoon was very funny.  China loaned the government money to put into our economy.  Are you saying China would have invested money into our economy anyway because they would have wanted to buy things before the prices fell even more??? 

 

I did like your story even more of how the outrages spending of WWII do not get us out of the depression because some people thought the depression would return after the war.  But those people were wrong.

 

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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/19/2010 3:23 AMCopy HTML

bigsnowbird

Bush promised to continue with the “surplus” from Clinton to pay off the national debt.  Instead he spent the surplus then spent trillion more.  So at the end of his term in office the national debt was $10.7 trillion.  Then add to the $10.7 the $8 trillion unfunded Rx welfare program, the ongoing wars that he mismanaged and the bail out money to stop the global economic melt down.  We have over $20 trillion added to the national debt.

 

That even beat what Reagan and Bush 41 added to the national debt.  If Clinton had not been running a “surplus” the numbers alaskaone is posting about the national debt would be really big.

 

Face it we can no longer afford Republicans.

alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #178
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/19/2010 5:33 PMCopy HTML

-   $13,105,273,000,000.00 national debt
-$109,183,068,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
Doe_Eyes Share to: Facebook Twitter MSN linkedin google yahoo #179
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/21/2010 4:57 PMCopy HTML

Lest we forget this very important issue and where it really came from.....

Chris Wallace asked Senate Minority Leader Mitch McConnell whether "some Democrats are getting religion when it comes to the deficit." Wallace made no mention of Republicans "getting religion" on the deficit, even though "virtually the entire deficit over the next ten years" is due to policies implemented under President Bush or to the recession, according to the Center on Budget and Policy Priorities.

Wallace asks whether Dems are "getting religion when it comes to the deficit"

From the June 20 edition of Fox Broadcasting Co.'s Fox News Sunday:

WALLACE: It's been a remarkable week in the U.S. Senate, where some Democrats have joined Republicans to block a new spending bill that would extend unemployment benefits for people who are about to lose them and also provide state aid that would allow workers not to be laid off. Are some Democrats getting religion when it comes to the deficit?

McCONNELL: It sure seems so. I mean, we've passed the $13 trillion cumulative national debt threshold a few weeks ago, and the issue here with regard to this bill to which you referred is paying for it. Now we did manage to take out a piece of that bill last Friday and pay for it. That was a doctor reimbursement issue, we paid for it for six months. What Republicans have been arguing is that much of this is worthwhile and should be done, but it ought not to add to the deficit. And now, as you indicate, a growing number of Democrats are showing that kind of concern, and that's why this big Democratic majority in the Senate has not been able to pass this bill.

CBPP: "[V]irtually the entire deficit over the next ten years" due to Bush policies, economic downturn

CBPP: "[T]he tax cuts enacted under President George W. Bush, the wars in Afghanistan and Iraq, and the economic downturn together explain virtually the entire deficit over the next ten years." In a December 16, 2009, analysis of federal deficits -- which was revised on February 17 -- the Center on Budget and Policy Priorities (CBPP) stated:

"Some critics charge that the new policies pursued by President Obama and the 111th Congress caused the huge federal budget deficits that the nation now faces. In fact, the tax cuts enacted under President George W. Bush, the wars in Afghanistan and Iraq, and the economic downturn together explain virtually the entire deficit over the next ten years." [emphasis in original]

CBPP included the following chart illustrating various factors' relative effects on current and projected deficits:

cbpp fig 1

http://mediamatters.org/research/201006200009

....and you wonder where the national debt comes from!  The majority of the annual deficit  isn't from the Democrat's programs put in place but the left over Republican tax cuts and programs.  We can't aford any more republican administrations.

The time is always right to do what is right.
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #180
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:06/22/2010 2:09 AMCopy HTML

We've maintained throughout this thread that both parties are irresponsible and wasteful.  It may be more irritating that republicans campaign upon promises to reduce spending then do the opposite however they're hardly alone in such shenanigans.

Blaming too much spending on tax cuts is, in my opinion, illogical.  Every dollar that goes into the federal government is a dollar taken out of the mouths of the living and out of the mouths of those not yet born.

You are quite right, though.  We cannot afford any more republicrats in any office, anywhere.

-    $13,115,526,000,000.00 national debt
-$109,217,000,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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