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jschurchin (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 03:35 PM Original message |
If you make $40,000 a year but spend $50,000 |
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forty6 (849 posts) Send PM | Profile | Ignore | Mon Apr-11-11 03:45 PM Response to Original message |
1. The problem only comes in two ways or at two times: |
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zorahopkins (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:38 PM Response to Reply #1 |
17. I Remember Inflation and High Interest |
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Angleae (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 05:03 PM Response to Reply #1 |
19. Actually, Clinton never had a surplus. |
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xoom (120 posts) Send PM | Profile | Ignore | Mon Apr-11-11 03:46 PM Response to Original message |
2. not a good situtation to be in.. |
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lumberjack_jeff (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 03:50 PM Response to Original message |
3. When your spouse who refuses to work threatens to burn the house ... |
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forty6 (849 posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:09 PM Response to Reply #3 |
7. An excellent analogy! Tea baggers are threatening to burn down.. |
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SheilaT (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 03:51 PM Response to Original message |
4. It's not as though there hasn't been a huge |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:04 PM Response to Original message |
5. Bad analogy. The federal govenrment doesn't operate like a household. |
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forty6 (849 posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:19 PM Response to Reply #5 |
10. Not quite right on all counts, but yes, it's a bad analogy for other .. |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 05:02 PM Response to Reply #5 |
18. You are overlooking a very important point. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Apr-12-11 04:44 PM Response to Reply #18 |
22. There is no direct relationship between our spending and the value of the dollar. |
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frazzled (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:07 PM Response to Original message |
6. Governments are not people |
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formernaderite (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:11 PM Response to Original message |
8. you know what I'd like people to look at |
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forty6 (849 posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:21 PM Response to Reply #8 |
11. Some "red" states turned "blue" in 2008... more will follow, as we |
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former9thward (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 05:43 PM Response to Reply #11 |
21. I guess you left off the 2010 results. |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:25 PM Response to Reply #8 |
12. It's worse than that in our so-called "democracy." A state like |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:16 PM Response to Original message |
9. depends on your net worth |
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karynnj (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:37 PM Response to Reply #9 |
15. Fantastic answer! |
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karynnj (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:34 PM Response to Original message |
13. It depends |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:37 PM Response to Original message |
14. We were already fucked the minute Bush left office... |
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jschurchin (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 05:08 PM Response to Reply #14 |
20. I agree completely |
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Shagbark Hickory (1000+ posts) Send PM | Profile | Ignore | Mon Apr-11-11 04:37 PM Response to Original message |
16. The thuglicans didn't want Obama to get credit for balnacing the budget. nt |
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aikoaiko (1000+ posts) Send PM | Profile | Ignore | Tue Apr-12-11 04:49 PM Response to Original message |
23. depending on APR, you can do about 2-3 times your yearly income before going broke. |
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killbotfactory (1000+ posts) Send PM | Profile | Ignore | Tue Apr-12-11 04:51 PM Response to Original message |
24. The US budget doesn't work like the budget of a family or business. nt |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Tue Apr-12-11 04:55 PM Response to Original message |
25. Yes, thanks to my mortgage, I owe more than I bring in each year |
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True Earthling (373 posts) Send PM | Profile | Ignore | Tue Apr-12-11 05:04 PM Response to Original message |
26. It's actually more like making $40,000 and spending $44,000 |
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taught_me_patience (1000+ posts) Send PM | Profile | Ignore | Tue Apr-12-11 05:12 PM Response to Reply #26 |
27. Wrong. GDP is a measure of total economic production NOT government income |
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