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


To: tejek who wrote (747246)10/17/2013 1:17:51 AM
From: TimF  Read Replies (1) | Respond to of 1570737
 
It is what's happening. If you really want to focus so hard on "at the current time" the end of the shutdown is going to increase spending by around 20 percent without an equivalent revenue increase. But day to day, month to month, even year to year without impactiful policy changes are just swings around the trend. A swing up of revenue after the end of the recession is a blip compared to the long term trend. Until and unless entitlements are strongly reformed (and in such a way as to reduce future spending increases), the trend is still for government spending to grow faster than tax revenues.



To: tejek who wrote (747246)10/17/2013 2:13:12 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1570737
 
Ted,
And yet that's not what's happening at the current time
Yes, but that's only in comparison to Obama's first term, when deficits were sky-high.

Tenchusatsu



To: tejek who wrote (747246)10/17/2013 2:17:41 PM
From: TopCat1 Recommendation

Recommended By
TideGlider

  Respond to of 1570737
 
"And yet that's not what's happening at the current time:"

Maybe sequestration is working to some extent. I haven't missed a damn thing when it comes to government services. Have you?