THE BORE
General => The Superdeep Borehole => Topic started by: brawndolicious on July 15, 2007, 05:17:35 PM
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http://www.bizzyblog.com/2007/02/13/what-happens-if-a-deficit-falls-and-almost-no-one-reports-it/
(http://www.optimist123.com/photos/uncategorized/balancebudget20070212.gif)
HE MIGHT BE A CONSERVATIVE!
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Sweet, just a few more trillion dollars in surplus and we'll get rid of that deficit!
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Just in time to invade Iran!
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Just in time to invade Iran!
You know we'll just funnel money into Israel so they can do the dirty work, right?
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That's a pretty dumb blog post.
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Bush n Co. has been over-estimating war-time expenses to come off as some kind of financial heroes of the kingdom of poop.
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If we paid off the federal debt, the entire money system would collapse. the banks run this country :(.
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http://www.optimist123.com/optimist/2007/07/deficit-watch-j.html
(http://www.optimist123.com/photos/uncategorized/2007/07/12/12modeficits_2.gif)
In either case, I think the deficit for fiscal 2007 will be a lot lower: $135 billion (i.e., a harmless 1.0% of GDP). I also see that if the current trends continue, the unified budget would move into balance in October 2008. [The Democrats are still saying there's "no way" the budget will balance even by 2012; I don't know which numbers they're looking at, either, but I will be listening closely to their reaction if the budget does balance in 2008 or 2009.]
:( nobody posted this yet. Debt isn't a horrible thing but anybody would agree that a deficit is. I mean sure, we have a huge war to pay for and probably no SS for anybody that posts here. But that's not as bad as a deficit.
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good thing we're not borrowing BILLIONS AND BILLIONS OF DOLLARS FROM CHINA!!!....oh wait :maf
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GOOD THING WE DONT HAVE A HUGE TRADE DEFICIT CAUSE OF CHINA..OH WAIT LOL WALMART
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GOOD THING WE DONT HAVE A HUGE TRADE DEFICIT CAUSE OF CHINA..OH WAIT LOL WALMART
same thing :)
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So, I'm pretty sure those numbers are crap because they don't take war spending into account. Carry on.
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I just said that.