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Author Topic: What the debt really is [Locked]
Akza  2 stars
Posts: 271
Registered: 2002-9-8 18:02:25
If only facts could penetrate through the GOP's idiocy.

http://crooksandliars.com/jon-perr/10-inconvenient-truths-about-debt-ceiling

 

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·»Teydis ¤ Igraine«·
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Clackdor  1 star
Posts: 163
Registered: 2001-9-21 12:10:52
http://blog.heritage.org/2011/05/13/liberal-think-tank-fails-statistics/

Not listening!!

 

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If we can hit that bullseye, the rest of the dominos will fall like a house of cards. Checkmate.
Moe_Nox  4 stars
Title: In Moe We Trust
Posts: 1,962
Registered: 2007-2-4 12:17:56
Clackdor posted:

/FACESTAB

 

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The Nanny State cometh
Currency should be bacon cheeseburgers and blow jobs... - Reese
Life at the Outpost: http://www.collegehumor.com/video:1771556
reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Worst facestab eva... Talk about failing at Stats...


wow...

 

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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12



Holy stupid blog batman.

 

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"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Why? Explain.

 

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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Abaddon_Ambrosius posted:

Why? Explain.



The original chart is specifically meant to highlight recent changes in policy and their impact on the debt. His criticism of the original chart failed to address that and made a claim about mathematical reason. The mathematical reason is change, change being what a lot of math is about.


He then uses SS and Medicare which are both funded differently and have a far different impact on the debt. There is a mathematical reason to not use these two programs the way he did.


That is as far as I got before I realized that this is just another example of well funded stupid.


As far as I am concerned he failed to make a legitimate argument against the original chart while pushing a horribly flawed argument.


He also said something stupid about tax revenue which requires you to assume that lower tax rates don't have an impact on debt. Dumb dumb dumb.

 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
I shall actually score that SoO as a (rare) actual attempt on your part to deliver a fact-based refutation of what the blog said.

(The fruit hangs so low in that post that it's pretty easy, however. Note I'm not even going to try to troll you).

I agree with one of your points. And a portion of the other. (The partiality of which doesn't make his blog post any more accurate).

 

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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
I thought the bloggers main point seemed solid. You could just as easily make a chart showing health care expenditures, automatic increases in spending, discretionary spending or whatever. The chart shows one impact and blames the recession on that impact, but it does nothing to show other costs that have gone up recently that impact the deficit.

The chart isn't about "recent expenditures." It's just a politically motivated effort to blame bush for the deficit.

 

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Another word for expensive is successful.
Cawlin  4 stars
Posts: 1,759
Registered: 2005-2-22 07:58:42
Ah, this old argument.


If I am going into debt because I earn $3k a month but I spend $4k a month, I have two choices:

I can try to force my employer to pay me more and/or seek another job.

OR

I can reduce my spending.


If I go to a financial counselor, they will tell me to cut my expenses.

They will tell me it's not my employer's fault for not paying me enough.

They will tell me that it's my fault for living beyond my means.

 

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If ignorance were painful, half the posters here would be on morphine drips.
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