United States defaults on debt!! (insurance, education, elections, elect)

[workingclasshero]

Originally Posted by Rhett_Butler

Its clear you DO need help....

Read up...

United States elections, 2006 - Wikipedia, the free encyclopedia



If you need any further educating. Feel free to ask...

ok and??

the whiney liberals have been in charge for over 4 years and we are still in Iraq

so the point

[pghquest]

Originally Posted by Rhett_Butler

You are really ignorant on this matter aren't you?

The debt is going to increase regardless at this point. FACT.

The debt ceiling is going to be breached at this point if it isn't raised. FACT.

If that occurs, our country defaults on its debt and our debt rating gets reset to a lower rating which will seriously hurt our country and our future economy....

Republicans know this. Democrats know this. You, somehow, do not.

No one said it isnt going to be raised.. We said that continuing to support spending, means it has to be raised faster..

[pghquest]

Originally Posted by workingclasshero

ok and??

the whiney liberals have been in charge for over 4 years and we are still in Iraq

so the point

And now Afghanistan, Libya, and what was it, Yemen? Not a peep out of Democrats..

[psulions2007]

Originally Posted by pghquest

FAIL, they only discuss PUBLIC debt, not intragovernmental debt.

Originally Posted by workingclasshero

oh and the cbo is always correct???


here is the FACTS

Fiscal
Year........ YearEnding.... ..National Debt.......... Deficit

FY1994.... 09/30/1994.... $4.192749 trillion.... $281.26 billion
FY1995.... 09/29/1995.... $4.973982 trillion.... $281.23 billion
FY1996.... 09/30/1996.... $5.224810 trillion.... $250.83 billion
FY1997.... 09/30/1997.... $5.413146 trillion.... $188.34 billion
FY1998.... 09/30/1998.... $5.526193 trillion.... $113.05 billion
FY1999.... 09/30/1999.... $5.656270 trillion.... $130.08 billion
FY2000.... 09/29/2000.... $5.674178 trillion.... $17.91 billion
FY2001.... 09/28/2001.... $5.807463 trillion.... $133.29 billion


fact clinton/newt had near PROJECTED budget surpluses...but that doesnt count the OFF BUDGET costs

fact because of off budget spending there NEVER was a surplus


an example

you earn(takehome) 60k...you BUDGET 57k...wow you have a PROJECTED surplus of 3k.....during the year your transmission goes down...2k....your need a new washer/dryer...2k...you choose to get a big screan tv..1k.....now your PROJECTED surplus of 3k has turned into a DEFICIT of 2k because you spend 5k that was not on the original budget

sorry. but liberals are just dumb

lol... your side needs to get it together. Is it because it's public debt not intragovernmental debt, or is it because magical things happened where we have to spend more?

By the way, second poster, that link was published in 2010. If they had to spend more in 1999, it would have shown up in that graph. Also lol @ discrediting the CBO (which is one of the most well respected budgeting offices) and then providing absolutely no source for your data. Good job.

pgh: Government debt - Wikipedia, the free encyclopedia Educate yourself.

[Rhett_Butler]

Originally Posted by workingclasshero

ok and??

the whiney liberals have been in charge for over 4 years and we are still in Iraq

so the point

Moving the goal posts?

We were informed by the end all be all pghquest that Dems took over congress because of defecit issues.

I was proving. No, have PROVEN that this was not the case.

[pghquest]

Originally Posted by psulions2007

lol... your side needs to get it together. Is it because it's public debt not intragovernmental debt, or is it because magical things happened where we have to spend more?

By the way, second poster, that link was published in 2010. If they had to spend more in 1999, it would have shown up in that graph. Also lol @ discrediting the CBO (which is one of the most well respected budgeting offices) and then providing absolutely no source for your data. Good job.

pgh: Government debt - Wikipedia, the free encyclopedia Educate yourself.

You CLEARLY didnt check out the treasury department link, because the TOTAL government debt is
Public debt + Intragovernmental debt = TOTAL NATIONAL DEBT

The CBO link says the PUBLIC DEBT had a surplus..
But if the public debt has a surplus of $5B, and the intragovernmental debt has a loss of $6B, its a DEFICIT.. NOT A SURPLUS..

You cant count HALF of the equation and pretend we had a surplus

What part of your link actually dispute this?

[Rhett_Butler]

Originally Posted by pghquest

No one said it isnt going to be raised.. We said that continuing to support spending, means it has to be raised faster..

Well no, workingman seems to believe that we just need to not raise it anymore which, as you apparently understand, is ludicrous. It HAS to be raised.....

I'm not continuing to support spending. I'm for REAL negotiating on these matters. Not 11th hour blackmailing, which is what the Republicans are attempting to do here.

[Rhett_Butler]

Originally Posted by pghquest

And now Afghanistan, Libya, and what was it, Yemen? Not a peep out of Democrats..

So you admit you were <GASP!!!> wrong then when you claimed that the Dems took over in '06 because of the defecit?

[HappyTexan]

Originally Posted by Rhett_Butler

Well no, workingman seems to believe that we just need to not raise it anymore which, as you apparently understand, is ludicrous. It HAS to be raised.....

I'm not continuing to support spending. I'm for REAL negotiating on these matters. Not 11th hour blackmailing, which is what the Republicans are attempting to do here.

How else can cuts be made ? The Dems don't want to cut.
Yeah sure Joe has this trillion dollar plan but Joe decided to go to Rome for a week with his wife.

[pghquest]

Originally Posted by Rhett_Butler

So you admit you were <GASP!!!> wrong then when you claimed that the Dems took over in '06 because of the defecit?

Maybe you need to look above, at that list, which includes things like taxes, spending, tax cuts, Are you telling me these things have nothing to do with deficits?