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Feb 8, 2016
9:22
:54
am
Zenoch
All-American
This is what the US Debt/Budget looks like when comparing it at a personal level
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Zenoch
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Jett
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Zenoch
Joined
Mar 29, 2002
Last login
Apr 25, 2024
Total posts
17,286 (199 FO)
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Messages
Author
Time
This is what the US Debt/Budget looks like when comparing it at a personal level
Zenoch
2/8/16 9:22am
That is a lot of Abraham Lincoln's
TNT
2/8/16 9:23am
That's Ronald Reagan you dolt
WDaddy
2/8/16 9:24am
You can't buy Lincoln. It was his thing to stop that stuff. - pinball, + books
kimchicoug
2/8/16 9:25am
To the government's credit, they get really really low interest rate loans
Indy Coug
2/8/16 9:24am
And when interest rates go up - then debt interest payments becomes even bigger
Zenoch
2/8/16 9:29am
How much of the $61K is interest on the $311K debt?
Greg Kite's 'stache
2/8/16 9:24am
Here's a quote for you:
Zenoch
2/8/16 9:27am
Missing the even bigger pile of money of freebies they've promised to everyone.
Hoosier Cougar
2/8/16 9:27am
What really bothers me is that nobody is talking about budget cuts now that the
Bro
2/8/16 9:28am
And when they do talk about budget cuts, they never really cut anything.
bluecheese
2/8/16 9:33am
That is because they passed a bill that lets them spend without restraint
HuskerFan2
2/8/16 9:46am
This is a bad comparison, IMO. A better comparison would be multi-generational
cheezedawg
2/8/16 9:30am
Addtionally, the future number wage earners for the family will be decreasing
boogers
2/8/16 9:55am
This shows that the proper focus should be on policies to help the economy grow
cheezedawg
2/8/16 10:05am
I'll agree in principle, but for practical purposes the U.S. "good debt" ship
boogers
2/8/16 10:07am
I thought you were going to finish this thought...
cheezedawg
2/9/16 11:28am
sunk.
boogers
2/9/16 2:13pm
Except that here, parents are not retiring their debt as they reach the end
hansel
2/8/16 10:07am
Yes, this analogy certainly doesn't suggest that everything is okay
cheezedawg
2/8/16 10:11am
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