Formerly About Advanced Micro Devices Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alighieri who wrote (495969)	7/17/2009 1:29:58 PM
From: i-node	Read Replies (1) of 1577080

>> Look at my later post dopey As a salesman I'm not sure you can understand this. But let's assume I owe you $1,000,000 at the start of the year. Assume further that inflation increases at a rate of 10%, I make no further borrowings or payments on said debt during the course of the year. How much to I owe you at the end of the year? Case Closed. You can adjust it anyway you'd like, but it does not change the fact that Clinton increased the debt each an every year he was in office. I would add, and it is significant, that if the government couldn't eliminate the deficit during those years -- when we were in the midst of a massive economic bubble -- the chances of doing it in any future year is pretty much nil. Which is why it is so critical that we not continue adding debt as Obama has us doing. It is a disaster for the country, whether or not you inflation-adjust it. We can argue about the Clinton years, but there is no arguing about the last six months. The Obama deficit is so out of control our children will never be able to repay it. Ever.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next