Rob: When the numbers don’t agree with the leftie propaganda, they were obviously “fiddled”, don’t you know? No matter how wrong they are, lefties are never wrong, in their own opinion.

However I contend that robert108 is wrong about this borrowing.

Ever hear of War Bonds?

So they better start cutting on their democracy

How about if we cut down on our welfare programs instead since there is where 70-80 percent of the Federal money is spent.

I always wondered why is it that our government spends more than it takes…

Hint: Social spending and entitlements make up about 2/3 of govt spending.

R108 there really is no difference.

Now we know the limits of your knowledge.

It’s the spending, stupid! Without fiscal responsibility, nothing is worth anything. A govt that takes more than it needs to do its legitimate functions will eventually kill the goose that lays the golden eggs….the individually independent population that, acting in its self-interest, generates an ever-expanding pie. For true greed, you can’t beat govt. It produces nothing, but takes from those who do produce. Govt is by nature parasitic, but the wise parasite doesn’t kill the host that feeds it, nor does it substantially weaken it. You lefties have yet to learn this simple truth.
You suffer from the arrogance of entitlement.

But the numbers do not match, And your math does not add up.

You forgot the increased spending. Duh. That’s why your numbers don’t “match”. Take a bookkeeping course before you try to understand this stuff.

robert108 on April 30, 2008 at 03:03 pm

I have not forgot the increased spending. I always wondered why is it that our government spends more than it takes, and no matter what the answer do not agree with it. While we are bickering as to who’s (repubs or dems) fault is it, the idiots in Washington are destroying our country.

Ever hear of War Bonds?

robert108 on May 2, 2008 at 11:06 am

Ever hear of interest paid on said bonds?

Government borrowing is taxation in disguise.

No, it’s not; taxes never get paid back; they just disappear into the pockets of the political class. A loan gets paid back. That’s something you apparently don’t understand, just like you don’t understand the difference between economic debt and consumer debt.

You’ve got to be pretty stupid to think that inflation accounts for a 14.5% increase in federal tax receipts in 2006.
14.5%. That’s not inflation, genius.

Inflation and Inflation tax are different. If the government misreprents the inflation; the growth on investments is not real and you pay tax (inflation tax) on the BS capital gains.

The Bush tax cuts are smoke and mirrors. Receipts are because of the inflation tax.

You've got to be pretty stupid to think that inflation accounts for a 14.5% increase in federal tax receipts in 2006.

14.5%. That's not inflation, genius.

Anyone else thinking Troy needs to go back to economics 101?

Anyone else thinking Troy needs to go back to economics 101?

Troy, maybe there's some work of a progressive economist (Paul Krugman?) that you could plagiarize in the comments here to make your point.
I mean, that's what you usually do.

Nice response, really full of substance.

And about plagiarism, since you opened the door, I have admited to mine, when is the Ag Secretary going to do likewise? I have seen posts on here about the National Republic (I think that is what it is called) about there plagiarizing columnist, and they printed a story about it in their own magazine. Can we expect something similiar from the Dakota Beacon? They are a publication with ethics are they not?

How much has our government borrowed so far?
How much has our national debt increased?

First off who cares, second if the government had a surplus that means they have too much of your money.

So they better start cutting on their democracy
spreading and concentrate on America and the future generations. Borrowing from China to pay our bills is not the answer.

You really don't know anything, do you?

You really don't know anything, do you?
robert108 on April 30, 2008 at 08:50 pm

And you do?
Let me laugh at that.
Ha! Ha! Ha!

ellinas – So they better start cutting on their democracy spreading and concentrate on America and the future generations.

Must be nice to live in a world where one believes that the military takes up the bulk of the federal budget, instead of the under 20 percent it currently receives. That's all the left ever talks about cutting. They never bring up their failing socialist Ponzi schemes sucking this country dry. Nope. Instead, the left focuses all of their time on cutting the most successful from the government roll – the United States military.

ellinas, you would probably support the US military if they were complete and utter fuckups. That seems to be the leftie criteria in judging government worth. And the bigger the failure (think welfare, the education system, and SS), the more it is "not adequately funded".

Spreading democracy actually works, something that can't be said of your kind's numerous socialist programs. It helps this country's security position to economically trade with a country rather than deal with a terrorist sponsoring dictator. It's too bad that you can't get on board with that.

In the end, you reward monumental failure while disparaging astounding success. This upside down world you have created for yourself is said to be "reality based" by your fellow clowns on the left.

Lik. When was it that I advocated for "failing socialist Ponzi schemes sucking this country dry?"
Inquiring minds want to know. Please stop this tired old meme while you have a chance.

If the American people want those programs then the answer is to tax them appropriately, and not borrow.

You don't seem to understand that taxation is confiscation, with no hope of repayment, while borrowing assumes repayment. Wrong again. The only legitimate level of taxation is that which is necessary to sustain the legitimate expense of govt, not social engineering and entitlement programs.

ellinas said: So they better start cutting on their democracy spreading and concentrate on America and the future generations. Borrowing from China to pay our bills is not the answer

Time to get rid of the high spending politicians dems and republicans who don't get it.

Thanks, RGraves: That's what I thought.

I never said they didn't; e was just trying to say that a loan with no interest wasn't really a loan, and I corrected him.
robert108 on May 2, 2008 at 08:08 pm

When did I say or imply such a thing?