Deficit shrinking faster than any time since WWII

[TakeAStepBack]

Comparing deficit to GDP would require that you don't flat line GDP to come up with a proper scoring.

 

[TakeAStepBack]

Then you also have to add in inflation.

 

[TakeAStepBack]

Rderp strikes again.

 

[Koios]

Comparing deficit to GDP would require that you don't flat line GDP to come up with a proper scoring.

Why?

 

[EdwardBaiamonte]

How in the fuck is it possible that we Libtards cannot grasp the obvious truth that really he[Romney] cares about all the People.

oh good the 18 year old libtard Lit. major is back talking about economics based on his experience with his lemonaid stand!

Romney cares about us all as a deeply religious man and so supports more Republican capitalism for us all rather than more deadly liberal socialism for us all.

You do know why our liberals spied for the National Socialist Hitler and gave him the A-bomb don't you??

 

[Toddsterpatriot]

Edward, most of the time I don't even know what you are saying libturd about.

This time you are saying the tax cuts for moving businesses overseas, which were created to fight the spread of socialism after the great wars, are a liberal idea you are against?

This time you are saying the tax cuts for moving businesses overseas

What tax cuts "for moving businesses overseas"?

You have any evidence?
Or is that just something you heard somewhere?

First off, there is a tax deduction. Not a tax cut. Though, from a cost standpoint, it accomplishes the same thing. That is, it cuts the amount spent on taxes.
Second, it is not a specific deduction for moving jobs offshore. It is standard business expense deductions. Simply an issue when you think that a company can cut employment, move production overseas, and write off the costs.
Bothers me. Maybe not you.

Second, it is not a specific deduction for moving jobs offshore.

Shhh....don't tell Obama.

He doesn't want business to deduct any expenses, because they're evil.

 

[Toddsterpatriot]

Holy fuck it's no wonder obummer won again if people are truly this stupid.

No kidding. Can you imagine we Libtards not grasping the truths of the Romney campaign, due to our abject retardation:

"I don't have to worry about 47% of the American People." But of course, as Romney followed up with later, when he knew cameras were on him, he's always concerned himself with 100% of the American People. It's obvious that's true. How in the fuck is it possible that we Libtards cannot grasp the obvious truth that really he cares about all the People.

He would have eliminated enough tax shelters to get us to surplus. It's obvious he would have, and only a fucking Libtard would query, "Really Governor; mind mentioning what some of those might be, since wait and see is kinda nebulous?" Mygod, how dumb can Libtards be.

Of course "Let Detroit go bankrupt." meant that government would help save the industry and jobs. We fucking Libtards have no grasp of Bankruptcy 101. It's pure "strawman" even if that's not how classical strawman arguments work. But still, just dumbfuck Libtard strawman horseshit.

Good thinking, ba1614. Pure fucking genius.

"Let Detroit go bankrupt."

GM and Chrysler went bankrupt, Obama was President.
Shhhhh....the libtards might hear.

 

[Koios]

Holy fuck it's no wonder obummer won again if people are truly this stupid.

No kidding. Can you imagine we Libtards not grasping the truths of the Romney campaign, due to our abject retardation:

"I don't have to worry about 47% of the American People." But of course, as Romney followed up with later, when he knew cameras were on him, he's always concerned himself with 100% of the American People. It's obvious that's true. How in the fuck is it possible that we Libtards cannot grasp the obvious truth that really he cares about all the People.

He would have eliminated enough tax shelters to get us to surplus. It's obvious he would have, and only a fucking Libtard would query, "Really Governor; mind mentioning what some of those might be, since wait and see is kinda nebulous?" Mygod, how dumb can Libtards be.

Of course "Let Detroit go bankrupt." meant that government would help save the industry and jobs. We fucking Libtards have no grasp of Bankruptcy 101. It's pure "strawman" even if that's not how classical strawman arguments work. But still, just dumbfuck Libtard strawman horseshit.

Good thinking, ba1614. Pure fucking genius.

"Let Detroit go bankrupt."

GM and Chrysler went bankrupt, Obama was President.
Shhhhh....the libtards might hear.

Merely filed, then we bailed them out, saving them the pain of going "through" bankruptcy.

 

[Toddsterpatriot]

No kidding. Can you imagine we Libtards not grasping the truths of the Romney campaign, due to our abject retardation:

"I don't have to worry about 47% of the American People." But of course, as Romney followed up with later, when he knew cameras were on him, he's always concerned himself with 100% of the American People. It's obvious that's true. How in the fuck is it possible that we Libtards cannot grasp the obvious truth that really he cares about all the People.

He would have eliminated enough tax shelters to get us to surplus. It's obvious he would have, and only a fucking Libtard would query, "Really Governor; mind mentioning what some of those might be, since wait and see is kinda nebulous?" Mygod, how dumb can Libtards be.

Of course "Let Detroit go bankrupt." meant that government would help save the industry and jobs. We fucking Libtards have no grasp of Bankruptcy 101. It's pure "strawman" even if that's not how classical strawman arguments work. But still, just dumbfuck Libtard strawman horseshit.

Good thinking, ba1614. Pure fucking genius.

"Let Detroit go bankrupt."

GM and Chrysler went bankrupt, Obama was President.
Shhhhh....the libtards might hear.

Merely filed, then we bailed them out, saving them the pain of going "through" bankruptcy.

Bankruptcy with government assistance?
Sounds like Romney's idea. Shhhhh...Obama saved the automakers.

 

[Toronado3800]

How in the fuck is it possible that we Libtards cannot grasp the obvious truth that really he[Romney] cares about all the People.

oh good the 18 year old libtard Lit. major is back talking about economics based on his experience with his lemonaid stand!

Romney cares about us all as a deeply religious man and so supports more Republican capitalism for us all rather than more deadly liberal socialism for us all.

You do know why our liberals spied for the National Socialist Hitler and gave him the A-bomb don't you??

Where did Hitler drop that A-bomb he had?

 

[Koios]

"Let Detroit go bankrupt."

GM and Chrysler went bankrupt, Obama was President.
Shhhhh....the libtards might hear.

Merely filed, then we bailed them out, saving them the pain of going "through" bankruptcy.

Bankruptcy with government assistance?
Sounds like Romney's idea. Shhhhh...Obama saved the automakers.

Nope. Romney advocated letting it run its course, but instead government intervention prevented job losses and economic hardship. What a country; yeah?

 

[Toddsterpatriot]

Merely filed, then we bailed them out, saving them the pain of going "through" bankruptcy.

Bankruptcy with government assistance?
Sounds like Romney's idea. Shhhhh...Obama saved the automakers.

Nope. Romney advocated letting it run its course, but instead government intervention prevented job losses and economic hardship. What a country; yeah?

Romney advocated letting it run its course

Without government assistance?

but instead government intervention prevented job losses and economic hardship.

And it only cost us about $20 billion, IIRC.

 

[Rshermr]

Bankruptcy with government assistance?
Sounds like Romney's idea. Shhhhh...Obama saved the automakers.

Nope. Romney advocated letting it run its course, but instead government intervention prevented job losses and economic hardship. What a country; yeah?

Romney advocated letting it run its course

Without government assistance?

but instead government intervention prevented job losses and economic hardship.

And it only cost us about $20 billion, IIRC.

You have it about right. The difference is, you see no problem with letting the auto companies go out of business. Most of the population of the country does.
Hell, how many months of blowing holes in the sand in Iraq used up $20B? About 2. What was your stance on that, Todd. Iraq equals about $9B a month, per the CBO, and we see a large number of us servicemen dead. The only sure gain was for the military industrial complex. Who did really well. But we spend a couple months equivilent of the Iraq war saving the auto industry in this country, and you just don't like it. About 1.5 million jobs saved, and ongoing employment for years to come.
Cmon, Todd. You're smarter than that. Only con tools are making the argument you are making.

 

[Koios]

Bankruptcy with government assistance?
Sounds like Romney's idea. Shhhhh...Obama saved the automakers.

Nope. Romney advocated letting it run its course, but instead government intervention prevented job losses and economic hardship. What a country; yeah?

Romney advocated letting it run its course

Without government assistance?

but instead government intervention prevented job losses and economic hardship.

And it only cost us about $20 billion, IIRC.

Yes. Without assistance from taxpayers. Only judges overseeing distribution of cash to creditors.

The cost is a pittance compared to the payback of a rescued critical industry, which is heavily subsidized in all industrial countries and we would have thus been abject retards to have done as Romney advocated.

Thankfully a majority of voters agreed.

 

[Toddsterpatriot]

Nope. Romney advocated letting it run its course, but instead government intervention prevented job losses and economic hardship. What a country; yeah?

Romney advocated letting it run its course

Without government assistance?

but instead government intervention prevented job losses and economic hardship.

And it only cost us about $20 billion, IIRC.

You have it about right. The difference is, you see no problem with letting the auto companies go out of business. Most of the population of the country does.
Hell, how many months of blowing holes in the sand in Iraq used up $20B? About 2. What was your stance on that, Todd. Iraq equals about $9B a month, per the CBO, and we see a large number of us servicemen dead. The only sure gain was for the military industrial complex. Who did really well. But we spend a couple months equivilent of the Iraq war saving the auto industry in this country, and you just don't like it. About 1.5 million jobs saved, and ongoing employment for years to come.
Cmon, Todd. You're smarter than that. Only con tools are making the argument you are making.

The difference is, you see no problem with letting the auto companies go out of business.

Bankruptcy doesn't mean they go out of business, as you should know.

 

[Rshermr]

Comparing deficit to GDP would require that you don't flat line GDP to come up with a proper scoring.

Why?

Step has problems with math and logic. He thinks buying a car in 1960 cost the same as today, so sees no reason to deal with real dollars. In fact, I doubt he knows what real dollars are.

So, relating the debt to GNP is a real mystery to Step. Just a stupid con tool. woops, that was redundant, wasn't it?

 

[Toddsterpatriot]

Nope. Romney advocated letting it run its course, but instead government intervention prevented job losses and economic hardship. What a country; yeah?

Romney advocated letting it run its course

Without government assistance?

but instead government intervention prevented job losses and economic hardship.

And it only cost us about $20 billion, IIRC.

Yes. Without assistance from taxpayers. Only judges overseeing distribution of cash to creditors.

The cost is a pittance compared to the payback of a rescued critical industry, which is heavily subsidized in all industrial countries and we would have thus been abject retards to have done as Romney advocated.

Thankfully a majority of voters agreed.

Yes. Without assistance from taxpayers.

Really? No backup for warranties?
Are you sure?

The cost is a pittance compared to the payback of a rescued critical industry

Why do you feel it is critical?

which is heavily subsidized in all industrial countries

How'd that work out for the British auto industry?

 

[TakeAStepBack]

More of the same drivel from our resident Jack Handy in "arrogance derived from Ignorance".

 

[Rshermr]

Romney advocated letting it run its course

Without government assistance?

but instead government intervention prevented job losses and economic hardship.

And it only cost us about $20 billion, IIRC.

You have it about right. The difference is, you see no problem with letting the auto companies go out of business. Most of the population of the country does.
Hell, how many months of blowing holes in the sand in Iraq used up $20B? About 2. What was your stance on that, Todd. Iraq equals about $9B a month, per the CBO, and we see a large number of us servicemen dead. The only sure gain was for the military industrial complex. Who did really well. But we spend a couple months equivilent of the Iraq war saving the auto industry in this country, and you just don't like it. About 1.5 million jobs saved, and ongoing employment for years to come.
Cmon, Todd. You're smarter than that. Only con tools are making the argument you are making.

The difference is, you see no problem with letting the auto companies go out of business.

Bankruptcy doesn't mean they go out of business, as you should know.

I do. But in this case, pretty much all experts agreed there were no white knights. It would have been liquidation. Maybe toyota would have gained some nice new machine tools. But even ford agreed, a bailout was needed. Hell, even W agreed it had to be done.

 

[TakeAStepBack]

And Paul Krugman says prepare for a fake alien invasion. Are you always so blatantly a herd sheep?