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2016 Postmortem

WhoWoodaKnew

(847 posts)

19. Well, we've had a pretty steady amount of increasing TOTAL debt since the 80s

Reply to jeff47 (Reply #18)

Fri Mar 1, 2013, 09:26 PM

Mar 2013

And we had increasing total debt really starting in the 50s. So, how long to we go while increasing our total debt before we address it? 10 more years? 20? 40?

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Simple question on the Sequester [View all] Botany Feb 2013 OP

According to Maddow and Ezra Klein, Suich Feb 2013 #1

Of course they can alcibiades_mystery Feb 2013 #2

I wonder if I'm the only one here who thinks that spending needs to be cut WhoWoodaKnew Feb 2013 #3

"But maybe I'm just stupid." Botany Feb 2013 #4

Are you saying that a better approach is to spend more than is available? WhoWoodaKnew Feb 2013 #5

This message was self-deleted by its author ThomThom Mar 2013 #20

I'm over 50 and I've never lived a day that our debt has decreased. That doesn't bother you? WhoWoodaKnew Mar 2013 #21

This message was self-deleted by its author ThomThom Mar 2013 #22

I stopped reading when you said it wasn't true. It is true. There has not been a day... WhoWoodaKnew Mar 2013 #23

This message was self-deleted by its author ThomThom Mar 2013 #24

It's a feature of any and all empires in world history - debt in itself is not bad. Democracyinkind Mar 2013 #26

There seems to be plenty available for the Pentagon no? lunatica Mar 2013 #25

Personal finances and national finances are utterly different beasts jeff47 Feb 2013 #6

I don't have any problem with countries going in the red when they need to. WhoWoodaKnew Feb 2013 #8

Good thing we haven't then. jeff47 Feb 2013 #9

I said debt. You said deficit. Do you know the difference? WhoWoodaKnew Feb 2013 #10

Yes. Do you not understand that one leads to the other? (nt) jeff47 Feb 2013 #11

Of course. Do you now understand that I said that our debt has not decreased... WhoWoodaKnew Feb 2013 #14

Until eternity jeff47 Feb 2013 #15

Well, you have pointed out the positives of adding to our debt for 40+ years... WhoWoodaKnew Feb 2013 #16

Theoretically, higher interest rates jeff47 Mar 2013 #18

Well, we've had a pretty steady amount of increasing TOTAL debt since the 80s WhoWoodaKnew Mar 2013 #19

How about donco Mar 2013 #27

And now you're back to 2 replies ago. jeff47 Mar 2013 #28

Companies often borrow so they have enough capital to create products. Kablooie Feb 2013 #7

I believe lots of farmers do that. LiberalFighter Feb 2013 #13

The budget for the govt is more complex than one for a family LiberalFighter Feb 2013 #12

the poorer end of the population gets cut whilst the rich don't Rosa Luxemburg Feb 2013 #17