So we can ascribe $100 billion in additional debt to accounting methods? As I understand it, the gist of this argument is that trust funds such...
It's not? Remember post #106? That sure seems to be what you said. Okay, so again, if we paid down the debt, how did the total amount of the...
I'm not arguing that Clinton didn't manage a better budget than Bush. I'm arguing that he didn't run a surplus. You can claim he did if you want,...
Yes, and in such a case as the civil war, there was no room for compromise. It was because of compromise that slavery was allowed to endure at...
I was about to say something similar. The only way my debt load increases without adding any spending is if I stop making payments.
If I understand correctly, you're saying that the anticipated interest we budgeted for(let's say $100 billion) was less than the actual interest...
Shrug. You have your opinions. I have mine. What you call "my way or the highway" I call "enough is enough."
Yes. Then how, despite making additional payments, did my total balance increase? The only relevant question is whether or not interest on...
To which part?
What you call inflexibility I call resolve and conviction. By compromise I suspect you really mean surrender. If compromise has gotten us to...
So if I understand correctly: Interest on the debt is included in the budget. Clinton's surplus is only arrived at by excluding interest from...
A lot of ideology here. I'd argue that government regulation serves to limit a select company's exposure to competition and therefore to empower...
True, but they can run the entire economy. Then until the government shows some semblance of thrift, I'm firmly against any tax increases.
Okay, well that's the first time you claimed that interest increased the size of the debt more than the supposed surplus decreased it. But:...
Private and corporate money is wiser spent by private and corporate interests than governmental agencies. I'd be much more careful and efficient...
...but that's exactly my point. The debt went up. Therefore there cannot have been a surplus. Isn't that what you said in the bolded? I think...
I don't understand. That essentially confirms what I said. A surplus would've been used to pay down the debt. If it wasn't, then it was spent,...
Irrespective of party affiliation, the government has shown to care very little for how much tax revenue it takes in with respect to how it...
Surplus: When you take in more money than you spend. Deficit: When you spend more money than you take in. Debt is created. Clinton's debt...
Disagree with that. What it does is to price out of the market those people who otherwise might be working. Like entirely unskilled workers,...