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Budget Deficits for Dummies: Or how I learned to stop worrying and love $1.4 trillion

The U.S. budget deficit for fiscal year 2009, which ended in September, was a record-shattering $1.4 trillion, equal to about 10 percent of Gross Domestic Product. In case you're wondering, the p...  
 
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bluecobra95 (1 month ago) Show Hide
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This is a conversation I had today:

"Do you know how big the national debt is?"
"Around 5 or 6 trillion?"
"Twelve trillion; with trillion deficits set out for years"
*jaw hits floor*
SonnyTheWhiteDwarf (1 month ago) Show Hide
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Just remember that we owe it to ourselves! Also don't forget that Obama's budget is an investment in our children and our future. Only a right-wing scumbag would be opposed to that!
CrackerMcGillicuddy (1 month ago) Show Hide
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You're kidding right? If not, would you like your Kool Aid on the rocks?
SonnyTheWhiteDwarf (1 month ago) Show Hide
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You knew that something was wrong, didn't you? I am making a mockery of those who believe Obama's rhetoric and economists like Paul Krugman. One good way to mock such nonsense is to pretend to be a true believer in it.
TheShnuz (1 week ago) Show Hide
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@SonnyTheWhiteDwarf hehe
natdavi (1 month ago) Show Hide
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what's that word for when ppl say something so crazy you can't tell if they're making fun of the crazies or crazy himself... what's that word again?
SonnyTheWhiteDwarf (1 month ago) Show Hide
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natdavi, I should know it, but I don't.
TheShnuz (1 week ago) Show Hide
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@SonnyTheWhiteDwarf To think that Sonny, your credit cards must not have caught up with you yet LOL
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TheShnuz, I love the argument that "we owe it to ourselves" to justify government debt. Who thought of that one? I can't remember now, but he deserves a Nobel Prize for advancing statism.

Be sure to see Jan Helfeld's interview with Pete Stark, too!
Betty5150 (1 month ago) Show Hide
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Ignore cat. He's a troll. He has NEVER provided any facts to support his claims. He lives in this world, where he can just say, Bush did it, Obama is fixing it, and that's fact to him. Never mind the fact that the treasury is STILL borrowing money to pay off the debt. That doesn't exists.

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