Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (623012)	8/5/2011 3:59:00 PM
From: Tenchusatsu	3 Recommendations Respond to of 1578705

Tim, let's not forget that some of the family's spending goes toward hiring two union contractors. One of them digs holes in the yard, the other fills them up. The family is hoping that will increase their income. Tenchusatsu

To: TimF who wrote (623012)	8/5/2011 4:47:49 PM
From: TopCat	1 Recommendation Respond to of 1578705

""If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand." - Dave Ramsey Not really. Its more like they are spending $75,000 a year and are proposing "BIG spending cuts" to "reduce" spending to $82,000 a year (rather than the $85,000 a year they where planning to increase spending to)." Well stated...I don't think this has sunk in to most people yet.

To: TimF who wrote (623012)	8/5/2011 6:06:26 PM
From: THE WATSONYOUTH	Read Replies (2) \| Respond to of 1578705

Not really. Its more like they are spending $75,000 a year and are proposing "BIG spending cuts" to "reduce" spending to $82,000 a year (rather than the $85,000 a year they where planning to increase spending to). Are you saying that actual spending will go up and that we are only reducing the increase in actual spending or is it that the actual debt goes up as we continue to borrow and the decrease is in how much the debt increases. If actual spending will increase......is that because of built in % yearly increases in budget items?