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Let the world know the US will no longer police the world.
In other words..the debt is manageable and can be shrunk without doing crazy, economy killing cuts.
Clinton proved it.
too stupid and completely liberal of course!!. Debt was nothing under Clinton; now it is $150,000 per family. Its just like having another mortgage and it cuts down every families standard of living by exactly what another mortgage would.
Republican capitalism made us all rich, and then liberals stole
the money!!
Capitalism makes some rich - not all -
Capitalism makes some rich - not all -
too stupid by 1000% and perfectly liberal of course!!
1)today a poor person is far better of than a rich person was 50 years ago thank to Republican supply side capitalist inventions!! The lesson of course is to encourage capitalism above all else by far
2) an average American could retire rich by putting 15% of is income in a private account as opposed to SS and retire with $1.4 rather than liberal SS dof food money!!
Republicans made us all rich;a libturd will lack the IQ to understand it!!
Capitalism makes some rich - not all -
too stupid by 1000% and perfectly liberal of course!!
1)today a poor person is far better of than a rich person was 50 years ago thank to Republican supply side capitalist inventions!! The lesson of course is to encourage capitalism above all else by far
2) an average American could retire rich by putting 15% of is income in a private account as opposed to SS and retire with $1.4 rather than liberal SS dof food money!!
Republicans made us all rich;a libturd will lack the IQ to understand it!!
LOL, anger issues? Your use of language and inability to compose a concise and comprehensive message suggests an IQ of double digits; an educational experience which never included a college level course in reading comprehension and composition (Eng. 101), as well as an immaturity I noted in my first sentence.
Debt is always relative
repeat:
Debt is always relative
too stupid by 1000% and perfectly liberal of course!!
1)today a poor person is far better of than a rich person was 50 years ago thank to Republican supply side capitalist inventions!! The lesson of course is to encourage capitalism above all else by far
2) an average American could retire rich by putting 15% of is income in a private account as opposed to SS and retire with $1.4 rather than liberal SS dof food money!!
Republicans made us all rich;a libturd will lack the IQ to understand it!!
LOL, anger issues? Your use of language and inability to compose a concise and comprehensive message suggests an IQ of double digits; an educational experience which never included a college level course in reading comprehension and composition (Eng. 101), as well as an immaturity I noted in my first sentence.
violent personal attack because the liberal lacks the IQ to debate the subject
[
Stating you know all who voted for The President have no money is all the evidence needed conclude you're a partisan hack;
Is it just me or the collective IQ of all the Republicans/Conservatives on this board dropped off dramatically in the last few weeks?
Which basically comes down to this:
Our Debt Is Getting More Affordable
The affordability of our national debt is an issue that gets little attention. Fortunately, the Federal Reserve of St. Louis keeps track of how well the economy is handling our debt. It does so in the form of a chart that measures the percent of GDP devoted to paying interest on the nations debt. What that chart says is illuminating. According to the Fed, the percent of our nations GDP devoted to paying interest on the debt has fallen to its lowest level since 1973.
Presently, we spend roughly 1.4 percent of GDP to pay the interest on what the Federal government has borrowed. Since 1940, the largest share of GDP devoted to pay the interest on our debt was in 1990, when the U.S. spent roughly 3.25 percent of GDP on interest payments.
The share of GDP going to pay interest on the debt began falling in 1994. And, with the exception of the period of the Great Recession, has continued falling ever since. My guess is that if Americas credit rating was measured the same way consumers are measured when they finance the purchase of a car, we would get the car.
Of course, interest payments on our debt fell sharply because interest rates came down as a result of actions by the Federal Reserve to overcome the recession. But thats not the only reason. The long-term reason our debt became more affordable is that the country has been growing steadily since the mid-1990s, except for the period immediately following the financial crisis. These two factors growth and lower interest rates -- pushed down the countrys interest payments, as a percent of GDP, to levels not seen since Gerald Ford was in the White House.
Is the National Debt Really Too Big? | The Exchange - Yahoo! Finance
In other words..the debt is manageable and can be shrunk without doing crazy, economy killing cuts.
Clinton proved it.
LOL, anger issues? Your use of language and inability to compose a concise and comprehensive message suggests an IQ of double digits; an educational experience which never included a college level course in reading comprehension and composition (Eng. 101), as well as an immaturity I noted in my first sentence.
violent personal attack because the liberal lacks the IQ to debate the subject
There is nothing violent in what I posted, it only hurts those injured by the truth.
debt is relative
What is an excessive debt to GDP ratio?
Economists continue to debate about the level of debt relative to GDP that signals a "red line" or dangerous level, or if any such level exists. In January 2010, Economists Kenneth Rogoff and Carmen Reinhart stated that gross debt (i.e., debt held by the public plus intragovernmental debt) exceeding 90% of GDP might be an indicative danger level.[102] A February 2013 paper from four economists concluded that, "Countries with debt above 80 percent of GDP and persistent current-account [trade] deficits are vulnerable to a rapid fiscal deterioration..."[103][104]
Fed Chair Ben Bernanke stated in April 2010 that "Neither experience nor economic theory clearly indicates the threshold at which government debt begins to endanger prosperity and economic stability. But given the significant costs and risks associated with a rapidly rising federal debt, our nation should soon put in place a credible plan for reducing deficits to sustainable levels over time."
debt is relative
actually the debt is 17 trillion or 150,000 per family. Its just like having another mortgage, its cuts our standard of living in half!! Relative to 300k its half, and relative to o its double. At 150k its just like another mortgage.
A liberal has no where near the IQ to grasp the concept!!
16 trillion and climbing....Obama and his crew wouldn't give a shit if it hits 20 trillion.
He and Michelle will be living in Hawaii laughing their asses off at the dopes who put them in power.
Not only that but Barry's constituents have no money so they are not the ones who will be paying off the debt, while they are the ones who are receiving most of the welfare entitlements that are causing the debt. Barry then has no incentive to care about the debt.
16 trillion and climbing....Obama and his crew wouldn't give a shit if it hits 20 trillion.
He and Michelle will be living in Hawaii laughing their asses off at the dopes who put them in power.
Not only that but Barry's constituents have no money so they are not the ones who will be paying off the debt, while they are the ones who are receiving most of the welfare entitlements that are causing the debt. Barry then has no incentive to care about the debt.
That's a load of crap.
debt is relative
actually the debt is 17 trillion or 150,000 per family. Its just like having another mortgage, its cuts our standard of living in half!! Relative to 300k its half, and relative to o its double. At 150k its just like another mortgage.
A liberal has no where near the IQ to grasp the concept!!
debt is not static. it changes year to year, so your numbers are masturbatory as are most all your posts
You are claiming x then implying you can prove it because of y.[
Stating you know all who voted for The President have no money is all the evidence needed conclude you're a partisan hack;
Ill bet you $10,000 that the poorer someone is the more likely he is to vote for BO. Bet??? or run away once again with your liberal tail between your legs!
