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To: arrogantsob

Because spending too mich isn’t how we got here?

Yeah, someone here is ignorant... But you might want to check a mirror.


424 posted on 04/04/2016 3:42:59 AM PDT by Dead Corpse (A Psalm in napalm...)
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To: Dead Corpse

Still have no clue, I see.

There might be a thread discussing HOW we got to where we are but THIS one isn’t it. Your argument is based upon ignorance of the difference between the debt and the deficit. Don’t feel bad though, it is a very common mistake.

Reducing the deficit has NO impact on the debt, your causation is reversed from reality.

Reducing the DEBT could reduce the deficit since interest on retired bonds would not have to come out of current account revenues.

So the charge of ignorance is still correctly attributed.


456 posted on 04/04/2016 8:37:32 AM PDT by arrogantsob (Nationalist, Patriot, Trumpman)
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