And, why would you need to grow the National Debt if you had an actual surplus? 1957 was the last fiscal year when the National Debt didn't grow. The only reason you need to borrow more money is when income is less than actual expenditures.
And, why would you need to grow the National Debt if you had an actual surplus? 1957 was the last fiscal year when the National Debt didn't grow. The only reason you need to borrow more money is when income is less than actual expenditures.Wouldn’t we need to operate without a deficit in order to address the debt?
Uh....yeahAnd, why would you need to grow the National Debt if you had an actual surplus? 1957 was the last fiscal year when the National Debt didn't grow. The only reason you need to borrow more money is when income is less than actual expenditures.
That answer confirms my position? Or elaborate on meaning.Uh....yeah
Well, I said that you would first have to address the deficit before you could address the debt.....and you posted....whatever it was you posted, so I am honestly fvcking confused as to what you’re saying anywayThat answer confirms my position? Or elaborate on meaning.
You are more confused than I thought if you really mean "deficit has to be addressed before debt". You really don't have an understanding of what either term means. Deficit is measured in terms of and accounting period - fiscal year. Debt is measures as an accumulation of all time. You obviously don't understand. Sorry. No reflection on your intellect intended.Well, I said that you would first have to address the deficit before you could address the debt.....and you posted....whatever it was you posted, so I am honestly fvcking confused as to what you’re saying anyway
Right right right.....but can you lower the debt when running a deficit?You are more confused than I thought if you really mean "deficit has to be addressed before debt". You really don't have an understanding of what either term means. Deficit is measured in terms of and accounting period - fiscal year. Debt is measures as an accumulation of all time. You obviously don't understand. Sorry. No reflection on your intellect intended.
You could look at it that you need surpluses to apply to debt. Then you would not refer to deficit, but surplus. Either being bottom line from report of activity of income v. expenditure for the fiscal year.
That "surplus" was RIGGED !! Damn,your "daddy" SHOULD'VE PULLED OUT!!Who was in the oval last time we had a surplus?
It was actually 1912,when FDR initiated the "Fed"...with the "help" of the Rothschild's...go figure.The economy was roaring and we were making some progress, we can argue about how much was real or not, until the WAR on terror started. The real nightmare for our debt was the Great Recession.
lolIt was actually 1912,when FDR initiated the "Fed"...with the "help" of the Rothschild's...go figure.
Because is an "omnibus bill" ,the 45th can rescind it at ANYTIME and take out what he doesn't like and there's not a damn thing Shumk-stick can do about it...100% in agreement. 4% plus growth predicted for next quarter. My original prediction from git-go was 5-6% by the end of first Trump first term. Spending has got to stop growing. Stupid damned Repubs allowed Schmucker an equal social program increase to match the military spending increase this year. Trump says he will not sign another such budget like that. Gotta wait and see if he truly has those balls. What does he do at "give in or shut it down" choice?
Pretty awesome how your ALSO illiterate in history too...BATT AVG. 1000 [smoke]
And yet he doesn't. Odd.Because is an "omnibus bill" ,the 45th can rescind it at ANYTIME and take out what he doesn't like and there's not a damn thing Shumk-stick can do about it...
I’d love for you to actually make sense of the postThat "surplus" was RIGGED !! Damn,your "daddy" SHOULD'VE PULLED OUT!!