Nearly all government spending is a waste for the taxpayers. The multiplier on government spending is nothing when compared to the multiplier for...
So what. There is no advantage for the government to retire debt early.
Pretty much it. Clinton came within 18 billion dollars of a truly balanced budget in 2000 (by this I mean government revenues were 18 billion...
See the link i posted in 113. Clinton ran surpluses and the debt increased because of how funds are accounted for, not because of deficit spending.
Because of accounting. He ran surpluses, but Social Security and Medicare needed safe places to park billions of trust fund dollars, so they...
It was because of trust fund accounting. Fund accounting is hard even for most accountants, and I can't explain it well. Here is a very good...
Fail world champion.
Right, and in the case of government this is impossible. If the government can't make the minimum payments they must borrow more or increase...
The scenario you are describing is not mathematically possible. Federal notes amortize just like any other debt. If the government is paying the...
Obama had to compromise with the moderates in his own party. Republicans largest proposals, things which directly effect healthcare cost, like...
Dick in a box made me smile a little.
Actually, it is the largest of the big 3, only slightly larger than social security, but still the largest. And part of the problem with it is...
We are number 1 in defense spending by a stupid wide margin. We spend more than 2-12 combined. Think about that. We spend more on defense than...
Where do you think I sourced my numbers? That is why I linked to it in my post. And 9% of the federal budget is huge. That is a third of the...
It is not a tiny fraction. We spend 570 billion on various "Income Security" programs ranging from UI to TANF. That is more than we spend on...
No he is saying the "lost revenue" from 10 years of the Bush tax cuts combined would have paid for this current years budget deficit. And that...
If we balanced the budget annually we would retire the debt over time without running a surplus. This is false. Half true. Neither party is...
One, I had already presented the evidence in the form of CBO effective tax rate tables. You obviously didn't review it, or you would not have...
Etc. etc. like farm subsidies, housing assistance, food stamps, welfare, earned income credits. and other examples of our money being given to...
No dude. You asked a nonsensical question that demonstrated you did'nt know what in the hell you were talking about. I called you on it, and you...