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Originally posted by ManBehindTheMask
reply to post by XPLodER
There is a clear difference........between just loving math........
and understanding economics and how they work.........thats why there are economists and mathematicians....... clearly two totally different professions man.......
Originally posted by IAMTAT
Originally posted by Eurisko2012
Originally posted by IAMTAT
IT'S OFFICIAL:
THE U.S. DEBT JUST PASSED 16 TRILLION DOLLARS 5 MINUTES AGO!...and counting...
AND...what are the democrats currently talking about at the DNC?...FREE Birth Control!!!edit on 4-9-2012 by IAMTAT because: (no reason given)
We don't have money for more free candy for everyone.
-----------
Juan Williams already gave Bill O'Reilly the bad news.
If Juan was walking down the street in Washington DC and Sandra Fluke ran up
and asked for $100 to pay for her birth control for 6 months, Juan would say "No."
I wonder if they'll drop red, white & blue inflated condoms after Fluke speaks at the DNC?
Originally posted by XPLodER
reply to post by MidnightTide
ok a solution,
usery, or compounding interest is the problem, as debt based money attracts interest that has an exponential function.
no interest no exponential expansion of debt.
xploder
Originally posted by XPLodER
reply to post by IAMTAT
Great attitude. Let's just give up on reducing the national debt then (even though it's been reduced in the past)...and embrace hopelessness by reelecting Obama.
untill you can see past left right, you will always get screwed, obama romney makes no difference to the MATH
I will, however, give you credit (no pun intended) for actually managing to come out in support of Obama; it seems most dems seem to be ignoring the debt due to Obama's role in massively expanding it.
you have little understanding of debt expansion, 5 trillion under obama will be 11 trillion under the next pres "whoever" it is.
its a function of exponential expansion NOT WHO IS BOSS AT THE TIME
Oh, ...and ONE MORE THING:
In 2008 Obama stated that by the end of his first term, HE would CUT the national debt in half!
Was HE ignorant of the concept of exponential debt expansion...or merely lying to the American people in order to get elected?
to be clear i am not an obama or romney supporter,
but in an exponetial expansion of debt system,
to slow the expansion of debt causes a depresion,
NO ONE ALIVE TODAY PUT THIS IN MOTION,
obama is not a maths genius and would not understand as he is not an economist,
i cant comment much further on HIS promises except to say to "cut" spending now would "collapse" the economy, because of the SYSTEM,
i care little for politics, but you MUST understand the maths to make an informed statement,
on "whos to blame"
THE FED if your interested is to "blame" for debt based currency.
xploder
Originally posted by IAMTAT
In 2008, Obama promised to cut the debt by half at the end of his first term...Instead...Obama INCREASED it by 1/3 (over 5 TRILLION DOLLARS)!...MORE than ANY president in U.S. history!
Why would anyone trust this guy...let alone vote for him to have four more years?
He hasn't EARNED another term.
Originally posted by GrimReaper86
reply to post by Eurisko2012
I don't like Obama either, but I honestly think you are delusional if you think Romney can somehow fix this. I honestly don't think anyone could except for maybe Ron Paul because he has the right idea about the Federal Reserve. Even then, I doubt it's really possible to pay that debt. I'm guessing we won't. Somehow the U.S. will get out of paying it.
Originally posted by GrimReaper86
reply to post by Eurisko2012
When? When was it done before? I'm pretty sure it's never been done before and that's one of the reasons the debt is so high in the first place. I could be wrong, I mean, I'm no expert on history but when have we had a national debt of astronomical proportions and then paid it off? I'm pretty sure that's never happened.
Originally posted by GrimReaper86
reply to post by Eurisko2012
Ok, your talking about two different things, Your talking about the recession that Reagan "fixed" and the post is talking about the national debt. The recession may have been "fixed" by Reagan which one would argue isn't true but he certainly didn't fix the national debt at all, in fact he probably made it worse.
"First of all, it wasn't Carter's bad economy. Carter inherited the mess from Nixon and Ford. When Carter came to power we already had unemployment, interest rates, and inflation all in the double digits. The Republicans succeeded in blaming it on Carter in the public's consciousness simply by repeating over and over that it was all Carter's fault, until the media picked it up and began repeating it for them. They're trying to do the same thing with Obama now.
Secondly, Reagan 'fixed' the economy by tripling the entire pre-existing national debt. Anyone can live high off the hog for a while if they don't mind going into serious debt. Well into his second term, Reagan was still cheerfully predicting that revenue boosts from his tax cuts would pay for the debt. There was a modest increase in revenue but it didn't even pay the interest on the new debt. Reagan was also helped, a little, by the collapse of OPEC and oil prices falling a bit."
I put that in quotes because it isn't originally sourced from me but I find it to be rather accurate.
Originally posted by GrimReaper86
reply to post by Eurisko2012
Ok, but I wasn't arguing about Clinton, and either way your avoiding the point. No president has or probably ever will fix the national debt. No matter who you vote for next election, it isn't going to go away even if we have more jobs.
Originally posted by Eurisko2012
Originally posted by GrimReaper86
reply to post by Eurisko2012
I don't like Obama either, but I honestly think you are delusional if you think Romney can somehow fix this. I honestly don't think anyone could except for maybe Ron Paul because he has the right idea about the Federal Reserve. Even then, I doubt it's really possible to pay that debt. I'm guessing we won't. Somehow the U.S. will get out of paying it.
It's really not as bad as it seems.
The USA is not Greece and we are not Europe.
American Exceptionalism will save us again.
You should know it has been done before.
------------------
Remember the mess Jimmy Carter handed Ronald Reagan?
We recovered from that and we will recover from this.
Originally posted by GrimReaper86
reply to post by Eurisko2012
I still think your deluded. Good luck doing what you claim. Nothing ever works out that smoothly politically. Maybe if every politician followed the same plan but they don't, they all have their own agendas, many of which follow similar roads but in different vehicles. How do you think we're going to raise that GDP, huh?
Originally posted by GrimReaper86
reply to post by Eurisko2012
You completely ignored my question. HOW?! How are we to accomplish your unrealistic goal?
Originally posted by GrimReaper86
reply to post by Eurisko2012
*bangs head against desk in annoyance*
You have such faith in your republican party don't you? Either you'll be completely right some how. (which I doubt) Or you're a completely deluded idiot giving faith to those those that will likely only hasten your demise. I doubt your claims significantly, especially because you can't answer my question (or at least you haven't), but I hope you're right. I hope we can fix everything in eight years. Truly, that would be amazing....
I hope you're right, and although I'm passionate about my thoughts regarding this, I hope you don't take my comments to be offensive. Despite your lack of resolution, your lack of answers, I have to admire your optimism.
edit on 6-9-2012 by GrimReaper86 because: your needed to be you're