Reply By: Lucas BaileyPosted: Monday, April 11, 2005" better to remain silent and appear ignorant then to open your mouth and remove all doubt".--COL,learn from your own words and become wiser....

oooooooooo a huge "touche"

Reply By: Lucas BaileyPosted: Monday, April 11, 2005" better to remain silent and appear ignorant then to open your mouth and remove all doubt".--COL,learn from your own words and become wiser.... oooooooooo a huge "touche"

Sorry MM but I think this is a "GOTCHA"!

Reply By: drmilerPosted: Monday, April 11, 2005Reply By: Lucas BaileyPosted: Monday, April 11, 2005" better to remain silent and appear ignorant then to open your mouth and remove all doubt".--COL,learn from your own words and become wiser....oooooooooo a huge "touche"Sorry MM but I think this is a "GOTCHA"!

touche doc.... heh heh heh I knew I would finally get a touche in...........

Lets all thank George W. for his contribution to this fine addition to our National debt. When you took office it was $5.5 Trillion and now it is $7.7 Trillion. By the time you return to Texas, it will be just about $10 Trillion! Just think, this gift from our President will just keep growing and TAKING from us, our children and grandchildren. I can not thank him enough!!!!






The Debt To the Penny
Current Amount

04/08/2005 $7,789,330,877,191.02


Current
Month

04/07/2005 $7,788,009,463,759.88
04/06/2005 $7,782,421,898,856.14
04/05/2005 $7,782,816,546,352.29
04/04/2005 $7,780,782,448,066.81
04/01/2005 $7,783,719,222,961.24



Prior
Months

03/31/2005 $7,776,939,047,670.14
02/28/2005 $7,713,137,673,664.71
01/31/2005 $7,627,742,597,775.41
12/31/2004 $7,596,165,867,424.14
11/30/2004 $7,525,209,508,979.45
10/29/2004 $7,429,677,448,545.04


Prior Fiscal
Years

09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62
09/30/2002 $6,228,235,965,597.16
09/28/2001 $5,807,463,412,200.06
09/29/2000 $5,674,178,209,886.86
09/30/1999 $5,656,270,901,615.43
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00

And as I have pointed out to you, patiently, Col Gene, the deficits are mostly caused by the economic slow down that started before Bush was even elected and increased spending.

Bush definitely shares a lot of blame for the deficits but as a % of GDP, the current deficits are pretty mild.

These are all things that people have pointed out to you, Col Gene.  The fact you keep ignoring them just causes those who might possibly consider you to be a reasonable person to start dismissing your opinions as a bunch of odd-balls. 

But on the bright side, it's people like you that's encouraging me to assign someone to implement a "ignore user" feature so that I can more easily ignore your intellectually dishonest ramblings.

Lets all thank George W. for his contribution to this fine addition to our National debt. When you took office it was $5.5 Trillion and now it is $7.7 Trillion. By the time you return to Texas, it will be just about $10 Trillion! Just think, this gift from our President will just keep growing and TAKING from us, our children and grandchildren. I can not thank him enough!!!!

Hey MM why did you delete my post back to COL?

When you see the interest that will be required to be paid on the debt, tell me about % of GDP. You are all nuts. The day is comming when this country will be unable to function.If other countries get to the point where they will not lend us more money, the s*it will hit the fan! I hope at that point the liberals take control and tax the hell out of the top 5%. They will deserve it!

Reply By: DraginolPosted: Monday, April 11, 2005And as I have pointed out to you, patiently, Col Gene, the deficits are mostly caused by the economic slow down that started before Bush was even elected and increased spending.

How come "smart " people cannot seem to connect the dots? There is always a thread that runs from president to president the new one either gains or loses from his predasessor.

Reply By: drmilerPosted: Monday, April 11, 2005Lets all thank George W. for his contribution to this fine addition to our National debt. When you took office it was $5.5 Trillion and now it is $7.7 Trillion. By the time you return to Texas, it will be just about $10 Trillion! Just think, this gift from our President will just keep growing and TAKING from us, our children and grandchildren. I can not thank him enough!!!! Hey MM why did you delete my post back to COL?

Not on this site doc, never would delete from anyone let alone a friendly allie. You have my word on that.

Reply By: COL GenePosted: Monday, April 11, 2005When you see the interest that will be required to be paid on the debt, tell me about % of GDP. You are all nuts. The day is comming when this country will be unable to function.If other countries get to the point where they will not lend us more money, the s*it will hit the fan! I hope at that point the liberals take control and tax the hell out of the top 5%. They will deserve it!

yep this is a great idea lets do much more selective things here in america, How about No educated people serve in military? How about no pay for politicions? not a dime.. let public service be its own reward. while we are selectively taxing the very rich. lets pay the debt down by maybe killing some ill people that are on the dole,Tax cars that cost more than 25 thousand extra, Start taxing food after all everyone has to eat.

And as I have pointed out to you, patiently, Col Gene, the deficits are mostly caused by the economic slow down that started before Bush was even elected and increased spending.

I do argee on this point. The journey to oblivion was started before Bush. I think the Col was implying more than saying that the tax cuts were unsustainable and exacerbated the problem. This is a problem that he can influence but cannot fix alone.

The foreign policy can of worms I'll leave - the interpretation is up for speculation.

My biggest concern comes from the president's disdain for secondary opinion. He has an agenda and sticks to it. He will ultamately fail.

Slanderer

That does not explain a difference between revenue and expenses of $675 Billion in FY 2005. Even the added cost of the War is only about $100 billion. What we have, now that the economy is overall growing at close to normal rates, a structural deficit in the Feseral Budget of $675 Billion per year. There are only two ways to balance the budget- cut expenses (there are no cuts that will come close to that to the amount required to balance the budget) and increases revenue. revenue can be increased in three ways:

Better collection and close loop holes
Higher GDP Growth to produce more revenue at existing tax rates
Increase taxes ( go back to pre 2000 rates for top 5%)

WHAT WE CAN NOT DO IS CONTINUE WITH THE CURRENT POLICY OF JUST CHARGING THE DIFFERENCE TO THE FUTURE GENERATIONS!

little whip Not True.

For those on joeuser that are math challenged I offer the following:


Per the U S Treasury:


National Debt as of 9/30 in trillions of dollars:

2001 5.870
2002 6.228 an increase of 421 Billion
2003 6.785 an increase of 555 Billion
2004 7.379 an increase of 596 Billion

Please note that the actual increase in the total debt is MUCH higher then the reported annual deficit under the unified budget which lowers the actul amount by combining the current surplus in both the Social Security and Medicare accounts with the federal deficit.

In the year that will end 9/30/05 the expected increase in the total deficit will be close to $675 Billion, up from $596 last year and about $ 250 Billion more then Bush is telling the American public! that will put the total deficit in Sept 2005 at $8.054 Trillion. In Sept 2000, just before the election the deficit was $5.674 Trillion. In five years Bush and his fiscal policies will have added $2.5 Trillion to the national debt. At 5% interest that means you conservatives, as well as the rest of us, will be paying about $125 Billion more EVERY year in interest! HOW DO YOU LIKE THOSE APPLES?

I hope at that point the liberals take control and tax the hell out of the top 5%. They will deserve it!

Why do they deserve it? This is the typical liberal hatred of successful people.

Thank you Prs. Bush for proving once and for all that anyone who relies on Class Warfare arguments does so because they have nothing real to argue!