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Graph shows anywhere from 1 to 4 trillion dollar deficit by 2015

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scottxyz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 08:36 PM
Original message
Graph shows anywhere from 1 to 4 trillion dollar deficit by 2015
Edited on Wed Jan-26-05 08:38 PM by scottxyz
A trillion here, a trillion there...



"The national debt is much bigger, and growing much faster, than Michael Moore's ass, and it is a much bigger threat to the health of the nation. I wish it got as much attention."

http://www.thepoorman.net/archives/003724.html
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President Jesus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 08:43 PM
Response to Original message
1. strange chart, since the US is already $8 trillion in debt
I wish we were only to be $4 trillion in debt by 2015.
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sjr5740 Donating Member (144 posts) Send PM | Profile | Ignore Wed Jan-26-05 08:48 PM
Response to Reply #1
4. the chart isn't debt it is a one year deficit
the debt will balloon exponentially if th tax cuts dont expire.
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tx_dem41 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 08:50 PM
Response to Reply #4
5. Actually, its not even one year deficit...
...its cumulative deficit starting with FY '05. In other words, when the lines start sloping positively, that year's budget is in a surplus.
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sjr5740 Donating Member (144 posts) Send PM | Profile | Ignore Wed Jan-26-05 08:54 PM
Response to Reply #5
7. your right didnt look closely enough
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tx_dem41 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 08:45 PM
Response to Original message
2. Actually the chart shows cumulative deficit starting with FY '05. n/t
Edited on Wed Jan-26-05 08:55 PM by tx_dem41
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 08:47 PM
Response to Original message
3. Republicans used to be the party of fiscal responsibility. Dems are now
how ironic. And if you speak out responsibly against this administration's policies, you are labelled a 'traitor'.

With 'patriots' like these traitors aren't even necessary !
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President Jesus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-27-05 08:58 AM
Response to Reply #3
9. when was that?
they've certainly said they were the party of fiscal responsibility, but there is zero proof that they ever were, at least in the last hundred years. If you look at the raw facts of the last 4 republican administrations, they were the exact opposite of fiscally responsible.
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-27-05 03:36 PM
Response to Reply #9
10. When some helped form the Concord Coalition.... and even then...
not all wanted to restrain the Military Industrial complex, so I will conceed your point !
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 08:51 PM
Response to Original message
6. So....ahhh....
what's the monthy payment on a 12 trillion dollar mortgage (and not one of these phony no-principle convertable things either.

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Telly Savalas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 10:48 PM
Response to Original message
8. The Democratic Caucus needs to point this out...
when those numbnuts in the GOP start whining about how Social Security will be insolvent a century from now. Our country is facing an immediate and real financial crisis. If our party leaders choose to play this right, then Bush and his minions will just be making huges asses of themselves every time they ignore the budget catastophe in favor of obsessively dryhumping their fake SS "crisis".
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