SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scumbria who wrote (131984)2/8/2001 6:06:11 PM
From: pgerassi  Read Replies (1) of 1570547
 
Dear Scumbria:

And it took six years of Republican control of the House to reduce it at all. The Democratic control of the House ran up all of the debt. When they lost it, the annual deficit quickly shrank and is now an annual surplus. The debt is being paid off even faster than originally projected. The chi-square statistical analysis technique shows that the correlation between which party is in control of the House is a far better predictor (much stronger) of deficits or surpluses than which party is in control of the White House.

Thus, my statement of the fact that the party in control of the House is far more likely the cause of the effect of deficit spending than which party is in the White House. And by scientific means used by various Liberal organizations to prove discrimination, when the Democrats control the House, we have deficit spending, and when the Republicans control the House, we have surpluses.

BTW, Scumbria, a "balanced" budget does not imply that there is no debt. It just implies that there is no additional net debt generated. The statement you make is totally irrelevant to the discussion of the budget. If we constantly run surplus budgets, sooner or later, the debt will be paid off. It never happens when, you constantly run deficits like the Democratic House always has.

Pete
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News