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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (707574)4/6/2013 10:43:08 AM
From: SilentZ1 Recommendation  Read Replies (2) | Respond to of 1572633
 
>But here you are claiming that reducing the deficit takes time. Well yeah, it takes time when you place it lower on your list of priorities.

Yes, decreasing a mostly arbitrary number overnight is lower on my list of priorities than keeping people alive. I'm happy that's the President's stand, too.

>It all depends on what other priorities you have. Hence your silly "good deficit spending" vs. "bad deficit spending" statement. "Good deficit spending" includes ObamaCare, while "bad deficit spending" includes the war on terrorism.

Well, sure. Taking out a student loan or paying your medical bills is a better reason to take on debt than buying heroin or buying a dozen guns because you think black helicopters are going to descend on your house, right?

Additionally, Obamacare has nothing to do with the deficit up until now and the wars have a lot to do with it. Once again, I'm not saying that it might not cause future deficits, but it hasn't caused them yet.

>Either way, the deficit will continue to balloon until it becomes unsustainable. This has been happening for the past several decades.

>Even the time when the budget was balanced was due to a dot-com bubble.

It was only partially due to that. The dot-com bubble was much more responsible for the stock market rise than deficit reduction.

And I think you're confusing the deficit with the debt. The debt is rising, the deficit is not. And the deficit is going in the right direction needed to start reducing the debt someday.

-Z