AHHHH! Why does Bush keep lowering taxes!?

That is bullshit, and no, we did NOT declare war on Iraq.

Show me some numbers then.

OK, but how about this. I'm going to go waaaaay out on a limb and say our next president just might be a democrat? Am I right? People as a general consensus do not like Bush. Therefore, if we have a democratic president, he will elect people to the supreme court whom he thikns will do a good job. The senate is controlled by the people. We vote who goes in and who stays. The people are going to marginally vote for democratic party because the republicans failed to meet our needs. Most people involved in voting ARE voting in hte best interest of the people. Let's look at the logic. The person voting is a people. He is voting to whom he likes. Therefore, he is voting in the best interest of the people (singular). If everyone does this, this will make it plural. Look at it this way. You're captain of a team and you have to pick two co-captains. Are you going to pick people who share the same style of playing and leadership you do? Of course you will. That is the way life is run. We have friends and foes. We stick with people who share similar principles and thoughts. That is politics in a nutshell. republicans stick with republicans and democrats stick with democrats.

Reiterating what I said...

Debt Held by the Public = Debt of Private Sector

National Debt = Debt Held by the Public + Debt Held by the Gov.

Read your damn Econ book.

soooooo wrong yet so funny!

jea scho

Ok fine, fine. Jesus I thought you would let this thread die, but since you brought it up again in another thread, here are the numbers you were looking for:
http://www.washingtonpost.com/wp-dyn/articles/A35029-2005Jan25.html

Just read that article and it will explain the the difference is between a federal spending deficit and the national budget.

The deficit was around -400billion when Reagan and Bush Sr. were president, Clinton brought it up to +200billion, now its back close to -500billion. Whammy

Oh my God. You continue to surprise me.

Let me clear something up for you. Deficit is NOT the same thing as debt. We are arguing about two different things. No wonder we're not on the same page...and the fact the you proved you still have no idea what you are talking about.

Look, I don't care how pumped you got after a econ class lecture, but you need to know your shit before you start spouting off. You should have listened to Jesus. I'm not going to waste my time prolonging this nonexistent argument.

I'm done with this thread.

Deficit: The amount of which something is too small.
Debt: Something (typically money) that is owed or due.

What?? how are those truly differnt.

yea except for that the supreme court is appointment for life, the next president (yes, probably a democrat) most likely will not be able to appoint a judge. that's why the supreme court is the scariest part of our government..it has the potential to have WAY too much power

Actually yes, the federal spending deficit IS the same thing as federal debt. It's just another way of saying the same thing. I don't know why you keep denying that that's the case, it says so in bold print in the Washington Post article, and that same article was the one that was in the TIME magazine article I was talking about.

Care to enlighten me as to why I'm so wrong? And please do bring up my macro econ class I had 4 years ago....no seriously bring it up and remind me ONE more time that I took it. I just can't....remember...did I take that econ class? I'm not sure...was in an intro class? No...I dont think so...can you remind me one more time Quinny since you seem to know my past better than I do?

yeah debt and deficit are two completely different things big guy, listen to quinny. bush believe in the supply side view which is high taxes could be more damaging to an economy than a high deficit. the reason he believes this is if taxes are low the economy will still flourish and new businesses will be introduced. if taxes were highered there would be less businesses entering the market.

good call, and i can just hear them whining about high taxes. fuck everyone is such pussy's now-aday's

nah i was saying whats his face is going to die or retire that bob guy