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To: Lazamataz

If we as a country overspend by $3B per day, and they agree to cut $38B, how does this deal amount to anything other than reducing our future indebtedness by amount one month’s worth?

Forgive my ignorance...would really like an informed answer.


37 posted on 04/08/2011 8:37:37 PM PDT by whinecountry (Semper Ubi Sub Ubi)
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To: whinecountry

Correction: about 10 days...


40 posted on 04/08/2011 8:38:38 PM PDT by whinecountry (Semper Ubi Sub Ubi)
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To: whinecountry

It’s not one month’s worth; it’s 13 days worth.


60 posted on 04/08/2011 8:46:16 PM PDT by kevao (I)
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To: whinecountry
overspend by $3B per day, and they agree to cut $38B, how does this deal amount to anything other than reducing our future indebtedness

sounds like youre more informed than most of the population...

on the bright side, we cant be broke since we still have checks, and we own the printing presses...

83 posted on 04/08/2011 8:52:41 PM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: whinecountry

“...how does this deal amount to anything other than reducing our future indebtedness by amount one month’s worth?”

It doesn’t, except in the same way making a single extra $1 principal payment on your $300k mortgage does.


108 posted on 04/08/2011 9:02:00 PM PDT by PLMerite (Shut the Beyotch Down!)
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