SEVERAL THINGS OBAMA IS GREAT AT GROWING.....

Guys, stop siding with either party. Come to the light! It's actually enlightening to know that neither one represents us. Originally Posted by icuminpeace

You still have to vote for someone. Romney may be lousy, but Obama is a nightmare. There is a difference.

Yeah, CBJ7. You knew it the whole time.

Yeah, CBJ7. You knew it the whole time.

Originally Posted by CuteOldGuy

I predicted you'd say that

Wow! You're good! And here I predicted you'd give an intelligent answer. Just goes to show . . .

debt level

WW, their collapses were not as huge as ours will be, and when ours happens, the world goes with us. It will be a disaster of biblical proportions. There is no way to predict its effect on society, except to say that the banksters and their friends will be happy, fed, and safe. Originally Posted by CuteOldGuy

The real question is what happens when we don't have the money to pay for the services promised, the unfunded liabilities. No amount of tax increases will be enough to pay the 100 trillion plus, that is the real national debt.

Ultimately, when it all collapses, there will be enormous human suffering. The social welfare state is a cruel joke. Politicians tell people they can eat the seed corn without consequence. The money for Social Security, Medicare, Medicaid, and all the various giveaway programs is just not there. The Feds have known this day was coming for decades. It was inevitable.


"If something cannot go on forever, it will stop,"
Herbert Stein's Law

nothing yet cof?

even though the public debt is 5 trillion dollars higher under Obies hand, he has kept the debt level as a percentage (both public and government) slightly lower than the former president


FAR RIGHT COLUMN

sport.

Why does the percentage of the debt to GDP matter, CBJ7? Does that mean it doesn't have to be repaid? Look up the term "red herring." You might learn something.

+1...the civil problems will come from the famous dead-enders. Those who were not pulling the cart, but demanding more and more free shit - the anarchists, OWSers, labor unioins, academia lefties, the usual suspects.

When the shit hits the fan, let's hope we have a Margaret Thacher in the Oval Office instead of an Obama.

The real question is what happens when we don't have the money to pay for the services promised, the unfunded liabilities. No amount of tax increases will be enough to pay the 100 trillion plus, that is the real national debt.

Ultimately, when it all collapses, there will be enormous human suffering. The social welfare state is a cruel joke. Politicians tell people they can eat the seed corn without consequence. The money for Social Security, Medicare, Medicaid, and all the various giveaway programs is just not there. The Feds have known this day was coming for decades. It was inevitable.


"If something cannot go on forever, it will stop,"
Herbert Stein's Law Originally Posted by joe bloe

Why does the percentage of the debt to GDP matter, CBJ7? Does that mean it doesn't have to be repaid? Look up the term "red herring." You might learn something. Originally Posted by CuteOldGuy

my next question would be

how can a president raise the public debt 5 trillion dollars and keep the gdp%lower than it was before he tacked on the 5 trill ?

WW - I personally wouldn't put Tea Party and Romney in the same sentence, but I guess we'll have to wait to find out.

Icum; I agree.

Romney has not embraced the Tea Party. He is keeping his distance to his harm imo. But that said, Romney is a wet noodle. If the Tea Party is half as successful in 2012 as they were in 2010, then the TP will have a signficicant seat at the policy table. Romney can be the useful tool for the TP.

If the TP can get 3 to 5 more Jim DeMints and a handful more in the House, then it is a game changer in Congress, especially with a Romney win.

But time will tell and Romney will have to be a skilled campgainer to beat back Obama.

my next question would be

how can a president raise the public debt 5 trillion dollars and keep the gdp%lower than it was before he tacked on the 5 trill ? Originally Posted by CJ7

You always refuse to answer my questions, CBJ7. Why are you afraid to answer them?

WW - We shall see. Put it this way, in my book, they all start with an F and have to work their way up to an A. I'm hoping I'm wrong about Romney, as I really want the US to continue to be the greatest country in the world (despite what some say).

You always refuse to answer my questions, CBJ7. Why are you afraid to answer them? Originally Posted by CuteOldGuy

to answer your question .... the gdp is the economic canary in the coal mine.


now answer my question