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Who on the Republican side is proposing a budget that will not require a debt ceiling increase?
Nope, they are mandated by the Constitution. All the federal "non essential" employees, not so much.
On an involuntary basis. Without competition or consumer choice. Yea, pass.
Besides, no "genuine industry" makes purchases without FIRST obtaining the necessary funds or credit to do so.
You were saying something about education...
Not you!
I take it you didn't attend any business classes in college.
Two masters degrees. Finance and Economics.
But the way you responded with such specificity, logic and reason...truly impressive retort...
Try again?
I take it you didn't attend any business classes in college.
Two masters degrees. Finance and Economics.
But the way you responded with such specificity, logic and reason...truly impressive retort...
Try again?
ARe you familiar with NAICS or the old SIC classification systems? Look for government, that might help you out some.
Who pays for those services? What goods do they produce?
Really? For one thing, I suspect they process those disability checks you get every month in the mail. That stuff doesn't happen magically, you know.
I don't receive disability checks and you did not answer the question.
Two masters degrees. Finance and Economics.
But the way you responded with such specificity, logic and reason...truly impressive retort...
Try again?
ARe you familiar with NAICS or the old SIC classification systems? Look for government, that might help you out some.
Yes, we all know now there is a category for government...thanks, that's helpful. We also know just how bloated the government has become and the reality of their reckless spending and accumulation of unsustainable debt and unfunded liabilities.
Next.
Who on the Republican side is proposing a budget that will not require a debt ceiling increase?
Rand Paul Senator Pauls Budget balances 5 years
The 2013 Budget You Haven?t Heard About: Rand Paul?s |
The Penny Plan does it in seven years:
Penny Plan
Sign on to either of those plans and you'll get the debt limit increased for the time being. Deal?
Who on the Republican side is proposing a budget that will not require a debt ceiling increase?
Rand Paul Senator Pauls Budget balances 5 years
The 2013 Budget You Haven?t Heard About: Rand Paul?s |
The Penny Plan does it in seven years:
Penny Plan
Sign on to either of those plans and you'll get the debt limit increased for the time being. Deal?
Is that your long way of saying 'zero'??
ARe you familiar with NAICS or the old SIC classification systems? Look for government, that might help you out some.
Yes, we all know now there is a category for government...thanks, that's helpful. We also know just how bloated the government has become and the reality of their reckless spending and accumulation of unsustainable debt and unfunded liabilities.
Next.
Well, you just changed arguments. You appeared to suggest that government was not a "real" industry. You were wrong.
Now you suggest that it is bloated.
Maybe,
but it does provide goods/services, employment, and circulates currency. What more could you want of anything?
Who on the Republican side is proposing a budget that will not require a debt ceiling increase?
Rand Paul Senator Pauls Budget balances 5 years
The 2013 Budget You Haven?t Heard About: Rand Paul?s |
The Penny Plan does it in seven years:
Penny Plan
Sign on to either of those plans and you'll get the debt limit increased for the time being. Deal?
Is that your long way of saying 'zero'??
Rand Paul Senator Pauls Budget balances 5 years
The 2013 Budget You Haven?t Heard About: Rand Paul?s |
The Penny Plan does it in seven years:
Penny Plan
Sign on to either of those plans and you'll get the debt limit increased for the time being. Deal?
Is that your long way of saying 'zero'??
Is that your way of saying 'deal'??
Here is where I get confused, if Obama is telling the truth we really don't need to worry about the debt ceiling because it isn't about spending money. In fact, it doesn't actually allow us to spend money.
I want to spend a little time on this. Its something called raising the debt ceiling. And its got a lousy name, so a lot of people end up thinking, I dont know, I dont think we should raise our debt ceiling, because it sounds like were raising our debt. But thats not what this is about.
It doesnt cost taxpayers a single dime. It doesnt grow our deficits by a single dime. It doesnt allow anybody to spend any new money whatsoever. So its not something that raises our debt.
Remarks by the President on the Government Shutdown | The White House
Given this statement, not raising the debt ceiling would not mean we can't spend money. That means that either Obama is lying to us, or we are all crazy.
Is that your long way of saying 'zero'??
Is that your way of saying 'deal'??
I'm saying that if the Republicans believe that raising the debt ceiling is a bargaining chip...
then they believe that raising the debt ceiling is expendable.
They must then believe that there is a viable budget plan that can be put in place without adding a dollar to the debt past this month.
What is that plan?
Is that your way of saying 'deal'??
I'm saying that if the Republicans believe that raising the debt ceiling is a bargaining chip...
Dems believe the same thing. Hell, Obama believed it when he was a Senator.
then they believe that raising the debt ceiling is expendable.
Yes, both sides believe agreeing to raise the debt ceiling comes with trade offs for their side.
They must then believe that there is a viable budget plan that can be put in place without adding a dollar to the debt past this month.
What is that plan?
Can't speak for Republicans. Easy for libertarians. Live within your means...period.
Here is where I get confused, if Obama is telling the truth we really don't need to worry about the debt ceiling because it isn't about spending money. In fact, it doesn't actually allow us to spend money.
Remarks by the President on the Government Shutdown | The White HouseI want to spend a little time on this. Its something called raising the debt ceiling. And its got a lousy name, so a lot of people end up thinking, I dont know, I dont think we should raise our debt ceiling, because it sounds like were raising our debt. But thats not what this is about.
It doesnt cost taxpayers a single dime. It doesnt grow our deficits by a single dime. It doesnt allow anybody to spend any new money whatsoever. So its not something that raises our debt.
Given this statement, not raising the debt ceiling would not mean we can't spend money. That means that either Obama is lying to us, or we are all crazy.
It isn't about increasing spending--it's about PAYING for stuff we already bought (like bombs, funding for senior centers, disability to jagoffs, bombs, intelligence operations, payroll, bombs, weather satellites, forestry operations, bombs, etc.).
But WHATEVER. I hope we do go into default; I'd love for the aristocracy to see it's T-bills and treasury notes approach zip in value. That's real redistribution of wealth!
LOL
Here is where I get confused, if Obama is telling the truth we really don't need to worry about the debt ceiling because it isn't about spending money. In fact, it doesn't actually allow us to spend money.
Remarks by the President on the Government Shutdown | The White HouseI want to spend a little time on this. Its something called raising the debt ceiling. And its got a lousy name, so a lot of people end up thinking, I dont know, I dont think we should raise our debt ceiling, because it sounds like were raising our debt. But thats not what this is about.
It doesnt cost taxpayers a single dime. It doesnt grow our deficits by a single dime. It doesnt allow anybody to spend any new money whatsoever. So its not something that raises our debt.
Given this statement, not raising the debt ceiling would not mean we can't spend money. That means that either Obama is lying to us, or we are all crazy.
I would say that what he means is that the raising of the debt ceiling is designed to accommodate the debt creation caused by the current spending to revenue equation, or ratio if you will.
It is not serving to account for some new spending program that is not paid for.
Here is where I get confused, if Obama is telling the truth we really don't need to worry about the debt ceiling because it isn't about spending money. In fact, it doesn't actually allow us to spend money.
Remarks by the President on the Government Shutdown | The White House
Given this statement, not raising the debt ceiling would not mean we can't spend money. That means that either Obama is lying to us, or we are all crazy.
I would say that what he means is that the raising of the debt ceiling is designed to accommodate the debt creation caused by the current spending to revenue equation, or ratio if you will.
It is not serving to account for some new spending program that is not paid for.
You do a lot better when you use words you understand instead of stringing together words that you don't know the definition of in order to make a point about something so far beyond your intellectual capacity that you remind me of a neanderthal discussing quantum mechanics.
I would say that what he means is that the raising of the debt ceiling is designed to accommodate the debt creation caused by the current spending to revenue equation, or ratio if you will.
It is not serving to account for some new spending program that is not paid for.
You do a lot better when you use words you understand instead of stringing together words that you don't know the definition of in order to make a point about something so far beyond your intellectual capacity that you remind me of a neanderthal discussing quantum mechanics.
Read:
Social Security issues debt-ceiling warning
Social Security: Debt-ceiling impasse could cause benefit cuts - Encore - MarketWatch
...and now borrow some honesty from someone and answer this question:
Is Social Security a new spending program?
You do a lot better when you use words you understand instead of stringing together words that you don't know the definition of in order to make a point about something so far beyond your intellectual capacity that you remind me of a neanderthal discussing quantum mechanics.
Read:
Social Security issues debt-ceiling warning
Social Security: Debt-ceiling impasse could cause benefit cuts - Encore - MarketWatch
...and now borrow some honesty from someone and answer this question:
Is Social Security a new spending program?
Why would we need to borrow money for Social Security if it is fully funded until 2030? Is it remotely possible that Obama is trying to scare gullible people? The fucking government takes in 10 times more money than it needs to prevent default, so I see no reason to believe it when it lies.
Read:
Social Security issues debt-ceiling warning
Social Security: Debt-ceiling impasse could cause benefit cuts - Encore - MarketWatch
...and now borrow some honesty from someone and answer this question:
Is Social Security a new spending program?
Why would we need to borrow money for Social Security if it is fully funded until 2030? Is it remotely possible that Obama is trying to scare gullible people? The fucking government takes in 10 times more money than it needs to prevent default, so I see no reason to believe it when it lies.
If you bothered to be informed you would know that in the last two years Social Security paid its recipients not just with incoming payroll tax receipts,
but also by drawing on the earned interest on the investment of the Trust Fund in government securities.
That interest had to be paid out of the general fund revenues, in other words out of the budget that we are currently borrowing about 1/3rd of.
If the debt ceiling is hit, zero borrowing can occur.
Need I say more?
In short, Social Security is not doing the borrowing, Social Security is collecting the debt from the US budget that borrowed the Trust Fund surpluses.
Given this statement, not raising the debt ceiling would not mean we can't spend money. That means that either Obama is lying to us, or we are all crazy.
