Tea party leader: Slaves didn't want to be emancipated

[BerenTebogo]

People talk about the debt like it is something we'll see an end to in our lifetimes. Always gives me a hearty lol.

Clinton was great, and created the first national surplus in almost a century. Doesn't mean we weren't trillions(?) of dollars in debt to countless countries around the world though.

We'll keep borrowing against money that doesn't exist because if we don't the economy will collapse fully. A situation, or even a set of situations, does not exist such that all debt both foreign and domestic can be erased. If you think otherwise, well, lol at you.

[archibaldcrane]

Are people talking about foreign debt or deficits?

honestly I don't think anyone knows/cares anymore as long as it supports their argument. I get the 2 confused hard

I don't think they know.

If these are in regards to my post, if people can't figure out what I'm saying they belong a long ways away from this conversation.

[archibaldcrane]

All I'm saying is, while the tea party is for the most part a bunch of hysterical racist ignorant fuckheads, that doesn't mean that Obama isn't blowing up the federal budget deficit (and therefore the national debt) on a scale we've never seen before.

[BerenTebogo]

All I'm saying is, while the tea party is for the most part a bunch of hysterical racist ignorant fuckheads, that doesn't mean that Obama isn't blowing up the federal budget deficit (and therefore the national debt) on a scale we've never seen before.

While this is true, I must ask the question:

What's the difference between being $1,000,000,000,000 in debt and being $2,000,000,000,000 in debt?

Answer:

Spoiler: show

not much

[Kuya]

Archi, could you explain why having a high deficit means having a high debt or whatever it is you're saying?

[archibaldcrane]

Archi, could you explain why having a high deficit means having a high debt or whatever it is you're saying?

I know you aren't this dumb, but for the peanut gallery I guess...

Debt is a cumulation of yearly deficits/surpluses. The higher the yearly deficit, the more it increases the total debt. Obama's yearly deficits (current and projected) are higher than we've ever seen. In every year of Obama's projected presidency, he will have greater yearly deficits than the highest single year deficit we've ever seen as a nation.

If you'd like a graph of total debt instead of the previously posted one of yearly deficits, here you go:
http://blog.heritage.org/wp-content/...ipple-debt.jpg

[archibaldcrane]

Clinton was great, and created the first national surplus in almost a century.

What's the difference between being $1,000,000,000,000 in debt and being $2,000,000,000,000 in debt?

Answer:

Spoiler: show

not much

You don't get to suck Clinton's cock for not increasing the national debt much, and then say in the next sentence that national debt is irrelevant. You get it one way or another, not both.

[BerenTebogo]

I choose irrelevant.

[Kuya]

I know you aren't this dumb, but for the peanut gallery I guess...

Debt is a cumulation of yearly deficits/surpluses. The higher the yearly deficit, the more it increases the total debt. Obama's yearly deficits (current and projected) are higher than we've ever seen. In every year of Obama's projected presidency, he will have greater yearly deficits than the highest single year deficit we've ever seen as a nation.

If you'd like a graph of total debt instead of the previously posted one of yearly deficits, here you go:
http://blog.heritage.org/wp-content/...ipple-debt.jpg

Where did you get this definition of debt in regards to government?

edit: alright, it checks out

[Rhinox]

To Sath's credit though at least he isn't making the retarded argument that Clinton was the progressive Messiah Like Plow.

[Cadsuane]

People tend to think about government and national debt the way they think about their mortgages. If that's you, you're doing it wrong.

[kuronosan]

Well, I'm not a Clinton cock-rider - it's just that most people who talk about debt don't talk Clinton because he actually balanced the budget and created a surplus. No other president to my knowledge has done that in our lifetimes (and by lifetime, I obviously mean 80s-present day).

I'm not doubting that Obama is creating a deficit - what my question was really trying to ask was why people are saying Obama is the root of the problem when he's the one who is trying to fix it.

I hear people all the time say "big gubment isn't the answer" and "we need to reduce spending" but honestly... what is the answer? I haven't heard a single suggestion that would be effective in reducing debt other than saying "get rid of health care" and "increase tax cuts".

You know what would really help our country? Bringing a halt to all this outsourcing shit that's grown out of control. Why are there no jobs in this country? Simple. We do NONE of our business here. It's all done overseas to tank prices and increase profit margins (and honestly, I've seen cost of American-made versus Foreign-made and there's not that colossal a difference).

If our country wasn't such a lazy stupid fucking "NOWNOWNOW" country that politicians and the media didn't eat for breakfast, we actually would have a pretty stable economy that wasn't based on metrics.

Everyone gets boners over big numbers but honestly they don't mean shit, because the product sucks, is of low quality, and forces the consumer to spend more money over time which means less money to throw around.

Guess what the answer is?

Wait for it.

Ready?

Open up credit. Put yourself in more debt. Well ain't that terrific. Democrats want us to spend more money, Republicans want us to put ourselves further in debt.

Fuck all this stupid shit. Do what's best for the people, that's what I say. It's not like France is collapsing in on itself (although if they did, they would probably run) and they have modern health care and are healthy.

I'd continue my rant, but honestly I'm too disappointed in this country to continue.

[Egon]

Funny, people can't say anything good about Obama, so they have to talk about how Clinton was awesome and how Bush sucked.

[Xno Kappa]

Damn those fucking slaves, they're the reason I'm so confused on whether I'm Dominican or Spaniard. Fucking assholes...

[Max™]

What's a Vajra?

http://upload.wikimedia.org/wikipedi...0/02/Vajra.jpg

[Cadsuane]

Funny, people can't say anything good about Obama, so they have to talk about how Clinton was awesome and how Bush sucked.

Good things about Obama: using fiscal policy to mitigate a recession, setting up the US economy for an export surplus, and promoting some modest social reform.
The first two are fucking no brainers so much so that they would be done on either side of the left right fence, the latter is a bit half assed but to be expected in an atavistic political climate (precipitated by morons like you naturally).

Economics is complicated. Lobotomized miscreants of the tea party look at trillions in government debt and think, "my god, we're gonna have to pay that all back in tax dollars! I could be spending that money on meth and dirt bikes!", and then some economists nonchalantly goes "No, it's a bit more complicated seeing as how the sovereign debt can comfortably be several times the GDP depending on financial markets and the certainty of growth, and... monetary policy... rollovers... keynesian economics...", and it goes on and on while you morons cry "(liberal) sophistry!", (I paraphrase since it's a safe bet that you don't know what sophistry means), and stick to your clusterfuck rhetoric. It's pathetic, and it's terrifying, there's no way you fucking plebs can be responsible citizens as ignorant as you are.

[Egon]

I love quotes like "Economics is complicated, just let us make all the decisions and if you disagree, you're racist."

The average American isn't as dumb as you hope.

[Correction]

A vast gulf divides the average American from the typical Tea Partier.

[Demosthenes11]

I love quotes like "Economics is complicated, just let us make all the decisions and if you disagree, you're racist."

The average American isn't as dumb as you hope.

you never answered my question

[guartz]

I love America