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Old 09-15-2019, 11:17 AM
 
Location: AZ
3,321 posts, read 1,102,331 times
Reputation: 1608

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Quote:
Originally Posted by subaru5555 View Post
No, it’s 100% irrelevant.

Spending = Revenue in a balanced budget.


Which means that if Revenue>Spending, one won’t have debt.

Likewise, if Spending is less than Revenue, one won’t have debt.
Quote:
Originally Posted by PedroMartinez View Post
True or false:.

Only spending ceates debt.
It’s obviously false, as others have repeatedly told you.


There are two sides to this equation.
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Old 09-15-2019, 11:19 AM
 
34,619 posts, read 21,635,782 times
Reputation: 22232
Quote:
Originally Posted by Goodnight View Post
I’m not going to beat my head against a brick wall any more unless you can come up with an economist that supports your opinion
If math that basic is beyond your comprehension, you wont understand anything an economist says.
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Old 09-15-2019, 11:22 AM
 
34,619 posts, read 21,635,782 times
Reputation: 22232
Quote:
Originally Posted by subaru5555 View Post
It’s obviously false, as others have repeatedly told you.
Really?

Show me an equation that contains no spending and ends up with debt.

Here is how you can have no revenue and no debt.

0 revenue
-0 spending
------
0 debt

Now, let's see you show an equation where there is no spending and you have debt.
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Old 09-15-2019, 11:25 AM
 
Location: AZ
3,321 posts, read 1,102,331 times
Reputation: 1608
Quote:
Originally Posted by PedroMartinez View Post
Really?

Show me an equation that contains no spending and ends up with debt.

Here is how you can have no revenue and no debt.

0 revenue
-0 spending
------
0 debt

Now, let's see you show a simple formula where there is no spending and you have debt.
Any business or government isn’t going to have “no spending”, so it’s irrelevant.


In a balanced budget, spending = Revenue.

Why do you thing one can’t adjust Revenue to equal spending, therefore balancing the budget without debt?
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Old 09-15-2019, 11:26 AM
 
34,619 posts, read 21,635,782 times
Reputation: 22232
Quote:
Originally Posted by subaru5555 View Post
Any business or government isn’t going to have “no spending”, so it’s irrelevant.


In a balanced budget, spending = Revenue.

Why do you thing one can’t adjust Revenue to equal spending, therefore balancing the budget without debt?
5 revenue
- o spending
------
5 surplus

Is this math still too hard?
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Old 09-15-2019, 11:29 AM
 
Location: AZ
3,321 posts, read 1,102,331 times
Reputation: 1608
Quote:
Originally Posted by PedroMartinez View Post
5 revenue
- o spending
------
5 surplus

Is this math still too hard?
5 Revenue = 6 spending, leaving a debt of 1.

+1 Revenue

6 Revenue = 6 spending, leaving a balanced budget.


“Is this math still too hard?“.
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Old 09-15-2019, 11:29 AM
 
Location: New Orleans, La. USA
6,354 posts, read 3,657,563 times
Reputation: 2522
Quote:
Originally Posted by PedroMartinez View Post

Only spending causes debt and deficits - FACT.
According to Fox news, "Among reasons for the deficit: the Trump-backed $1.5 trillion tax cut in 2017."
https://www.foxnews.com/politics/def...-seems-to-care

According to Foxbusiness, "President Donald Trump's tax cuts caused the government to borrow more heavily in order to cover its spending."
https://www.foxbusiness.com/markets/...vel-in-6-years

According to the CBO Donald Trump's 2017 Tax Cuts and Jobs Act "would increase deficits over the 2018-2027 period by $1.5 trillion.... additional debt service would boost the 10-year increase in deficits to $1.7 trillion."
https://www.cbo.gov/publication/53315
https://en.wikipedia.org/wiki/Tax_Cu...bs_Act_of_2017
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Old 09-15-2019, 11:37 AM
 
34,619 posts, read 21,635,782 times
Reputation: 22232
Quote:
Originally Posted by subaru5555 View Post
5 Revenue = 6 spending, leaving a debt of 1.

+1 Revenue

6 Revenue = 6 spending, leaving a balanced budget.


“Is this math still too hard?“.
You included spending (because it's the only thing that creates debt); do it without the required spending.

It's like I say you must have lemon to make a lemon pie. You keep saying you don't need lemon to make a lemon pie while continuing to give me recipes with lemon.

Only spending causes debt. PERIOD.

Are you goingvto continue acting this ignorant of such basic math?
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Old 09-15-2019, 11:38 AM
 
Location: Florida
76,971 posts, read 47,668,310 times
Reputation: 14806
Quote:
Originally Posted by subaru5555 View Post
No, it’s 100% irrelevant.

Spending = Revenue in a balanced budget.

Which means that if Revenue>Spending, one won’t have debt.

Likewise, if Spending is less than Revenue, one won’t have debt.
For whatever reason he doesn't get it.
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Old 09-15-2019, 11:40 AM
 
34,619 posts, read 21,635,782 times
Reputation: 22232
Quote:
Originally Posted by Finn_Jarber View Post
For whatever reason he doesn't get it.
Doesn't get that I'm suppose to ignore basic math?

Only spending causes debt. FACT

Do you have any plans to actually disprove basic math?
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