Lounge For casual talk about things unrelated to General Motors. In other words, off-topic stuff. And anything else that does not fit Section Description.

Hang out with which candidate?

Thread Tools
 
Old Nov 1, 2004 | 09:24 PM
  #11  
John Deere Boy's Avatar
Senior Member
True Car Nut
 
Joined: Dec 2003
Posts: 2,767
Likes: 0
From: Corn Fields, IN
John Deere Boy is on a distinguished road
Default

I should also mention that since inflation is currently so low, and cyclical unemployment somewhat above average, it would be wrong economically to try to decrease the deficit. Bush is probably doing the right thing.
Reply
Old Nov 1, 2004 | 10:30 PM
  #12  
BonneMeMN's Avatar
Senior Member
Certified Car Nut
 
Joined: Jun 2003
Posts: 15,928
Likes: 1
BonneMeMN is on a distinguished road
Default

I'm a management major So i must master Accounting, Economics and management issues before i get my paper that rhymes with siploma.

The majority of the of the national debt is to ourselves, through gov't bonds. The gov't sells bonds to make money, and will pay them off at a later date. However they have, and will in the future, sell more bonds to pay off existing bonds.

I never said bush didn't make it grow, he just didn't create it. Regan was the first president to enforce a balanced budget. We dont' need it every year, or everytime, but keeping it low helps.

And Kerry'* "Plans" would increase the defeciet. With all of that spending, money has to come from somewhere to pay for it. He said he will not raise taxes on us, so it must come from Bonds and such. Gov't can't give you anything... They just redistribute income, while doing it less efficiently compared to real businesses.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
88bonnsse
Lounge
15
Mar 21, 2008 02:53 AM
Jack
Lounge
51
Oct 18, 2006 02:37 AM
Skippy1827
Introductions for new members
19
Jun 29, 2006 10:34 PM




All times are GMT -4. The time now is 03:52 AM.