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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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To: arrogantsob
Your argument is based upon ignorance of the difference between the debt and the deficit.

Now you are just being stupid.

Look at it this way...

You are in boat. There are holes in the bottom and water is pouring in. You bail all the water out and think that fixes the problem.

See the fatal flaw in the logic you are employing? Or would that require you to suck it up and admit to being wrong. Or is that some kind of unforgivable betrayal of Internet macho ethos...

We cannot keep spending at the rate we are spending and EVER cure the debt problem. One CAUSES the other. Can we pay down the debt? Yes. Once. But then the bills start racking up again...

480 posted on 04/04/2016 10:29:05 AM PDT by Dead Corpse (A Psalm in napalm...)
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