Yes they can. 4-2= 4, despite how much you might object otherwise. Math does not lie.
What's the worse case scenario if we don't raise the debt limit?
Discussion in 'Political Debate & Discussion' started by Skandelon, Jul 21, 2011.
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Conjecturing on possible results does not prove that the plan itself won't work. Glad you finally admitted it is possible. I disagree with your conjecture concerning the results of fixing the problem. I believe it would save the economy. -
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All of those things can be done, none of them would affect the economy, and as I have shown, extensively, these small measures (along with tariff increases, which would boost domestic sales, helping the economy, and closing corporate tax loopholes) would be enough to balance the budget.
Apparently you have a political agenda against a balanced budget. The only conclusion I can make, here, is that you believe in socialism, and are unwilling to shrink government. Because the numbers work, as any thinking individual can see (and as you yoursself admitted) -
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No, we will start WW3.
Or more likely the market will solve the problem by cutting the buying power of the dollar by a half or a third. -
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InTheLight Well-Known MemberSite Supporter
(HavensDad provides an outline of how to fix the problem.)
Date Total U.S. Debt
07/20/2011 14,342,887,364,361.82
07/21/2011 14,342,884,944,996.28
Oops. The debt went down that day. Let's back up a day.
Date Total U.S. Debt
07/18/2011 14,342,909,569,328.74
07/19/2011 14,342,898,467,069.07
Dang! Went down again, both days. How about going back a bit to when the stimulus bill was recently passed, say in October 2009:
10/15/2009 11,946,703,132,807.34
10/16/2009 11,948,722,543,849.95
There. It went up $2.019 billion in one day but that's hardly FIVE BILLION A DAY, EVERY DAY FOR A YEAR.
BTW, you can plug in any date range at the link below and get the numbers. For example June 30, 2010 to June 30, 2011 returns a value of
$139 Billion added in the past year. Hmmm...that's a far cry from $2 Trillion added per year.
http://www.treasurydirect.gov/NP/BPDLogin?application=np
So you are proceeding from a false premise. You keep saying to use real numbers, i.e. "put up real numbers and show how to stop adding to the debt". You said (post #34):
I think you should take your own advice about putting up real numbers, cause yours are fake. -
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There is no budget focus on the illegal wars and military occupations that the US government has underway in at least six countries or the 66-year old US occupations of Japan and Germany and the ring of military bases being constructed around Russia.
The total military/security budget is in the vicinity of $1.1-$1.2 trillion, or 70% -75% of the federal budget deficit.
"The way to get the budget under control is to stop the gratuitous hegemonic wars, wars that will end in a nuclear confrontation." -
InTheLight Well-Known MemberSite Supporter
I see that you've already made up your mind and that facts are things you choose to ignore. -
Look, crunch all the numbers you want anyway you want. Twist em bend em turn em inside out, shake em all up and pour em out and claim them to be "the" numbers all you want if that's what it takes to make you feel smart. But it will do nothing to the solve the problem of having a den of thieves and liars in charge of our country and economy.
Attack the root! Otherwise you're just shakin the leaves, and wasting a whole lot of wind doing it! ;) -
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