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Im talking about what Cheney meant, not what O'Neil meant. Cheney was responding to the electoral and short term ramifications of deficits.
There is no dance going on. Im debating in good faith where as you ( demonstrated below with your "you think its ok for Obama to lie" comment) are just arguing for the sake of attacking Democrats.
Because you are choosing to be narrow sighted on purpose to defend your original fictitious point.
Paul O'Neil said Large Deficits matter, because they in the long run are creating unsustainable interest payments from a large debt. Cheney said deficits don't matter and dismissed the entire point that O'Neil made including a large national debt making a Fiscal Crisis loom on the horizon. Deficits and Debt are connected at the hip - especially with the point being made by O'Neil and dismissed by Cheney. According to Paul O'Neill who Cheney's quote comes from - Cheney dismissed the large national debt itself and the increasing interest payments.
You have never argued in good faith - you always spin for Obama. You point blank lied to me in the past about a politifact link to defend Obama. Your premise is Obama uber alles and then you *** saw your position from there.
Quote:
Originally Posted by dsjj251
Im arguing that the world is black and white by saying it isnt black and white ????????????????????
You told me that Obama was one in the same...no...you are looking at the world with a very simplistic mind...there are shades of gray.
Candidate Obama Version 2008 =/= President Obama Version 2014.
Quote:
Originally Posted by dsjj251
Nope, we are debating specific facets of an argument.
If you are going to debate total deficits and not budget deficits, then you should be comparing total deficits of every year and not just budget deficits on the Bush years to total deficits of the Obama years.
You are the one who is distorting, you do the exact same thing when you argue the unemployment rate and you compare the "real" unemployment rate(U6) of the Obama years to the Official unemployment rate(U3) of the Bush years instead of comparing u6 to u6 or u3 to u3.
[
again, its fine if you want to make that argument, but you need to do it from both sides and at a time when we are actually comparing the 2.
You are the one distorting.
I am the one using consistently REAL DEFICITS ACCRUED in reality.
You are the one pushing the false narrative that Bush inherited a surplus - when you know it was a projected surplus that didn't pan out - you are lying.
Bottomline....
Fiscal Year 2014 saw a $1.1 Trillion dollar real deficit...as candidate Obama version 2008 said you can't use CRs to hide spending like Bush.
the end result when all the +'s and -'s are counted for the fy...(the projected revenue vs the actual revenue vs the projected spending vs the actual spending)
fy 14 had a deficit of almost 1.1 trillion (1.07 trillion to be exact)
Thanks for the update, I was wondering what the year end numbers were for the national debt....though not really anything to act like the roof is on fire.
the end result when all the +'s and -'s are counted for the fy...(the projected revenue vs the actual revenue vs the projected spending vs the actual spending)
fy 14 had a deficit of almost 1.1 trillion (1.07 trillion to be exact)
Projected? How about actual?
Actual total revenue was 5.7 trillion, and total expenses were 6.1.
Federal revenue was 3.0 and federal expenses were 3.5.
Where do you get 1.1 trillion difference? You are looking at numbers, and you do not understand what they mean.
When you put them on the company credit card, they are basically free until the bill is due.
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