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: Don Hurst who wrote (656175)	5/23/2012 3:23:42 AM
From: i-node	Read Replies (1) \| Respond to of 1578880

>> We had a budget surplus in 2000 and we had Medicare and Social Security then... Of course. Clinton had cut taxes and massively reduced welfare costs in '96 (which increased revenue, as tax cuts usually do), so revenue was up and the deficit had been greatly reduced. That's what the Rs shutting down the government will get you, in case anyone asks later this year. But that's really beside the point: The debt from Medicare and SS are not included in the national debt OR the deficits, yet the debt related to these items are 5-7x as great as the on-book national debt. When our debt ratings were cut last year, it was not because of the $15 Trillion. It was because of the looming fiscal crisis from these awful social programs gone awry. >> Now we have over a $3 Trillion unfunded growing debt for an invasion of Iraq The total cost of the Iraq war was less than the Obama stimulus, also unfunded. The three trillion dollar figure is one made up by liberals that bears no relationship to the facts, whatsoever. Some liberals are just too fucking stupid to realize it. You know who you are.