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Feb 8, 2016
9:28
:30
am
Bro
All-American
What really bothers me is that nobody is talking about budget cuts now that the
economy is healthy and tax revenues are high. NOW is the time to do budget cuts...not when we are in a recession again. Darn politicians....and American people.
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Bro
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Bro
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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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