Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

BULLETIN >> U.S. FEDERAL DEFICIT SHRINKS TO $53 BLN IN JULY
Dow Jones Big Charts.MarketWatch.com ^ | 8/10/05 | Rex Nutting, MarketWatch

Posted on 08/10/2005 11:15:11 AM PDT by SierraWasp

click here to read article


Navigation: use the links below to view more comments.
first previous 1-20 ... 241-260261-280281-300 ... 321-324 next last
To: Trust but Verify
A question for you, Huck. What is the decficit as a percentage of Real GDP?

That's in the table on post #250.

261 posted on 08/11/2005 6:25:42 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 258 | View Replies]

To: kjam22
300 billion a year is a lot of money to borrow every year. Isn't it?

Adds up pretty quick.

262 posted on 08/11/2005 6:26:21 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 259 | View Replies]

To: expat_panama; LS
I understand that some people are happier with no money and no debt

This type of thing is one of the reasons you have no credibility, expat. You're just not honest. LS didn't say no money, no debt, he said less money, no debt. Without putting numbers on that, you have no basis for what you are talking about. And then you just go into this "maybe you aren't as fortunate/don't worry, I'll pay the taxes" rap, which doesn't quite go with your screen name. So what's the deal? Are you a US citizen paying taxes and voting or not?

263 posted on 08/11/2005 6:28:54 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 260 | View Replies]

To: Preachin'
Tell exactly where the dishonesty is in real terms.

Check out post #237. Maybe that's what he's talking about.

264 posted on 08/11/2005 6:31:57 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 254 | View Replies]

To: Huck

By the way, some of the numbers posted in these threads are utterly fabricated. They always say they are from historical statistics, but only after they've been jimmied a lot with some phoney calculations. If you want to see the size of Reagan's debt per GNP, go to Historical Statistics of the United States. It's a very simple calculation.


265 posted on 08/11/2005 6:36:17 AM PDT by LS (CNN is the Amtrak of news)
[ Post Reply | Private Reply | To 263 | View Replies]

To: Huck

"Check out post #237. Maybe that's what he's talking about."

Of course there is trickery in reporting data. It's just a fact.

The truth is that this current government uses the same method as all others before it and still come out with a much smaller deficit than anticipated.


266 posted on 08/11/2005 6:57:29 AM PDT by Preachin' (Enoch's testimony was that he pleased God: Why are we still here?)
[ Post Reply | Private Reply | To 264 | View Replies]

To: Preachin'
Of course there is trickery in reporting data. It's just a fact. The truth is that this current government uses the same method as all others

And I think that's what he meant when he said "Bush is taking a page from Clinton's accounting. The gov't accountants can paint any picture for a one month timeframe."

267 posted on 08/11/2005 7:07:54 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 266 | View Replies]

To: LS

'remember's numbers look legit.


268 posted on 08/11/2005 7:11:11 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 265 | View Replies]

To: Huck

Not according to the numbers I got from historical statistics. Gotta account for things in real dollars, which the U.S. government usually does.


269 posted on 08/11/2005 8:14:53 AM PDT by LS (CNN is the Amtrak of news)
[ Post Reply | Private Reply | To 268 | View Replies]

To: expat_panama
A lot of people don't realize that there's no such thing as "government money". But that's not all. Something else is the fact that there is no such thing as 'government power' and 'government debt'. It's our power and our debt.

You're quite wrong about the power thing. You and I don't have the power to punish someone for violating a law. Only government has that power.

I hope you're not implying that when the government has more power and more money, that means "we" have more power and more money. I could picture a socialist talking like that, but not a Freeper.

270 posted on 08/11/2005 8:22:16 AM PDT by inquest (FTAA delenda est)
[ Post Reply | Private Reply | To 257 | View Replies]

To: Huck
chart shows that receipts are down under Bush.

You are wrong. Total tax receipts are at the highest EVER, just not higher as a % of real GDP.

Supply siders once again vindicated.

271 posted on 08/11/2005 8:43:32 AM PDT by Trust but Verify (Get over yourselves!)
[ Post Reply | Private Reply | To 255 | View Replies]

To: Trust but Verify

Bring it on. I don't see you posting any numbers. I just see you talking.


272 posted on 08/11/2005 8:47:59 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 271 | View Replies]

To: AuH2ORepublican
your posts were excellent (especially the one with the Scrooge McDuck-Goofy analogy).

That post really hit the spot for me this morning-- I was in the middle of trying to explain the problems of this Goofy idea (re post 260).  Sometimes I think maybe we're just preaching to the choir on this.  Anyone who thinks they're better off loosing $100 just to reduce $1 in debt really must have a few screws loose.

273 posted on 08/11/2005 9:30:13 AM PDT by expat_panama
[ Post Reply | Private Reply | To 243 | View Replies]

To: Huck

The numbers are posted, they just don't follow the story line you're pushing. It's basic economic theory, really.


274 posted on 08/11/2005 9:39:23 AM PDT by Trust but Verify (Get over yourselves!)
[ Post Reply | Private Reply | To 272 | View Replies]

To: inquest
257  there is no such thing as 'government power' and 'government debt'. It's our power and our debt....   .270..You and I don't have the power to punish someone for violating a law. Only government has that power.

Perhaps when I said "our", I should have pointed out that the we does not automatically include you.  It's an attitude thing. 

Maybe you're intimidated by government people that act like they're more powerful than you.   I treat them like the hired help they are.   When some people see a law get broken, all they do is whine "ain't it awful".  When I see someone break the law I make sure the law gets enforced.  I prefer the hired help to do their job, but when they screw up I find new employees.  If that doesn't work I think harder.   Some people are always figuring out ways to be powerless.  I prefer to think of ways to amass power and then use my power to protect my family and society.

Like I said, it's an attitude thing. 

275 posted on 08/11/2005 10:03:10 AM PDT by expat_panama
[ Post Reply | Private Reply | To 270 | View Replies]

To: Trust but Verify
The numbers are posted

Then you can easily post them here. We're not talking theory; we're talking actuals. Let's see 'em. I'll wait.

276 posted on 08/11/2005 10:27:57 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 274 | View Replies]

To: Huck

The numbers are posted in the posting YOU referred ME to.


277 posted on 08/11/2005 11:14:38 AM PDT by Trust but Verify (Get over yourselves!)
[ Post Reply | Private Reply | To 276 | View Replies]

To: expat_panama
Yup, it's an attitude thing. Your attitude is that if you just keep repeating to yourself that the government is your friend, and that if it strays off course, you yourself have the power to put it back on course, you'll believe it. I have a slightly less naive attitude.
278 posted on 08/11/2005 11:39:45 AM PDT by inquest (FTAA delenda est)
[ Post Reply | Private Reply | To 275 | View Replies]

To: Trust but Verify

That's what I thought; You've got nothing. The numbers on post #250 show receipts going DOWN every year since GW took office.


279 posted on 08/11/2005 11:57:08 AM PDT by Huck (Whatever.)
[ Post Reply | Private Reply | To 277 | View Replies]

To: remember
As I mentioned before, that graph is...

This is a pretty active thread and I'm having a hard time keeping up.  You'd be doing me a great favor by letting me know when you're posting new stuff-- I am interested.  In the mean time I'll just skip through rebuttals from other threads that I've already studied.

I'd bet that there's no way in hell you'd interested in re-reading my recycled counter arguments, so I'll desist.

280 posted on 08/11/2005 12:11:44 PM PDT by expat_panama
[ Post Reply | Private Reply | To 250 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 241-260261-280281-300 ... 321-324 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson