Math Lesson for the Feeble Minded

Discussion in 'Politics' started by jwoodie, Jan 3, 2013.

  1. jwoodie
    Offline

    jwoodie Gold Member Supporting Member

    Joined:
    Aug 15, 2012
    Messages:
    9,950
    Thanks Received:
    1,498
    Trophy Points:
    280
    Ratings:
    +5,103
    At the end of Obama's second term, the U.S. National Debt will be $20 trillion. Annual interest on this debt will be:

    1% = $200 billion

    2% = $400 billion

    3% = $600 billion

    4% = $800 billion

    5% = $1 trillion (1/4 of federal budget)

    Do you think the rest of the world is going to loan us all the money we want at zero per cent interest forever? Where are U.S. businesses going to get loans for expansion if the federal government soaks up all available credit? When will this bubble burst?

    Are you Obama supporters OK with this? Do you even care? :confused:
     
  2. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    44,189
    Thanks Received:
    13,410
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +26,587
    This is why the Fed has QE^Infinity and ZIRP as its key policy initiatives.
     
  3. Duped
    Offline

    Duped Senior Member Supporting Member

    Joined:
    Apr 19, 2012
    Messages:
    2,256
    Thanks Received:
    670
    Trophy Points:
    48
    Ratings:
    +673
    Liberals don't let facts permeate their ideology, but when money comes out of their pockets they turn violent!
     
    • Thank You! Thank You! x 1
  4. eflatminor
    Offline

    eflatminor Classical Liberal

    Joined:
    May 24, 2011
    Messages:
    10,078
    Thanks Received:
    1,562
    Trophy Points:
    245
    Ratings:
    +2,972
    So? Fuck the future generations. Who cares about those yet to be born? We're ENTITLED to live this way.
     
    • Thank You! Thank You! x 1
  5. blastoff
    Offline

    blastoff Undocumented Reg. User

    Joined:
    Nov 12, 2009
    Messages:
    15,632
    Thanks Received:
    1,926
    Trophy Points:
    280
    Location:
    In a galaxy far far away...
    Ratings:
    +6,348
    Math Lesson for the Feeble Minded

    Attn.: Truthmatters (and others)...THIS MEANS YOU!!!
     
  6. g5000
    Offline

    g5000 Diamond Member

    Joined:
    Nov 26, 2011
    Messages:
    66,018
    Thanks Received:
    10,768
    Trophy Points:
    2,030
    Ratings:
    +31,777
    Yes, as we know, no Republican Congress or President has ever added to our national debt. It was all Democrats who got us here. Republicans are fiscal conservatives. Just ask them, and they will tell you.


    I don't know how I said that with a straight face. There should be an Emmy for internet posting.
     
  7. BlindBoo
    Offline

    BlindBoo Gold Member

    Joined:
    Sep 28, 2010
    Messages:
    22,319
    Thanks Received:
    2,524
    Trophy Points:
    280
    Ratings:
    +5,829
    Who was it that claimed deficits don't matter?

    Interest free? Hahahahaha.
     
    • Thank You! Thank You! x 1
  8. PredFan
    Offline

    PredFan Platinum Member

    Joined:
    Oct 13, 2011
    Messages:
    33,637
    Thanks Received:
    5,032
    Trophy Points:
    1,170
    Location:
    In Liberal minds, rent free.
    Ratings:
    +16,282
    This is it, this is the left in a nutshell. An appropriate recepticle by the way.
     
  9. PredFan
    Offline

    PredFan Platinum Member

    Joined:
    Oct 13, 2011
    Messages:
    33,637
    Thanks Received:
    5,032
    Trophy Points:
    1,170
    Location:
    In Liberal minds, rent free.
    Ratings:
    +16,282
    No one has to claim it dumbass, they only need to act it.
     
  10. BlindBoo
    Offline

    BlindBoo Gold Member

    Joined:
    Sep 28, 2010
    Messages:
    22,319
    Thanks Received:
    2,524
    Trophy Points:
    280
    Ratings:
    +5,829
    Swing and a miss.

    "Reagan," Vice President Dick Cheney famously declared in 2002, "proved deficits don't matter." Unless, that is, a Democrat is in the White House. After all, while Ronald Reagan tripled the national debt and George W. Bush doubled it again, each Republican was rewarded with a second term in office. But as the Gallup polling data show, concern over the federal deficit hasn't been this high since Democratic budget balancer Bill Clinton was in office. All of which suggest the Republicans' born-again disdain for deficits ranks among the greatest - and most successful - political double-standards in recent memory.

    Reagan Proved Deficits Don't Matter* | Crooks and Liars
     

Share This Page