Home | Community | Message Board

MushroomCube.com
This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

PhytoExtractum Shop: Maeng Da Thai Kratom Leaf Powder

Jump to first unread post Pages: < Back | 1 | 2 | 3 | 4 | Next >  [ show all ]
InvisibleLe_Canard
The Duk Abides


Registered: 05/16/03
Posts: 94,392
Loc: Earthfarm 1 Flag
Re: The debt ceiling has been reached... again [Re: memes]
    #18761301 - 08/26/13 08:34 PM (10 years, 5 months ago)

Indeed this is true.


Extras: Filter Print Post Top
Invisiblememes
Blessed


Folding@home Statistics
Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
Re: The debt ceiling has been reached... again [Re: Le_Canard]
    #18761320 - 08/26/13 08:38 PM (10 years, 5 months ago)

Quote:

ToiletDuk said:
Well, actually, that little graphic is rather misleading as both Social Security and Medicare both have cash inflows as well, but I'm sure the Heritage Foundation would love to see both eliminated.




But, to explicitly state what i had thought to be an obvious and frivolous point, since social security taxes fluctuate with the workforce, and the dependency ratio is becoming increasingly frightening as babyboomers age and medical costs rise at a heightened pace - the budgetary situation would be increasingly ominous, despite social security tax 'inflows'. hence, the right cuts in the right ways could save the country trillions, which is what i was originally emphasizing, as mush4brains was demonstrating that he had mush4brains


Extras: Filter Print Post Top
InvisibleLe_Canard
The Duk Abides


Registered: 05/16/03
Posts: 94,392
Loc: Earthfarm 1 Flag
Re: The debt ceiling has been reached... again [Re: memes]
    #18761326 - 08/26/13 08:39 PM (10 years, 5 months ago)

I see. I concede to your point then, good sir. :hatsoff:


Extras: Filter Print Post Top
Offlineqman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 3 days, 18 hours
Re: The debt ceiling has been reached... again [Re: Le_Canard]
    #18761355 - 08/26/13 08:46 PM (10 years, 5 months ago)

Quote:

ToiletDuk said:
Quote:

meams said:






Well, actually, that little graphic is rather misleading as both Social Security and Medicare both have cash inflows as well, but I'm sure the Heritage Foundation would love to see both eliminated.




The cash "inflows" have always been spent, last year SS had a negative cash flow of over $50 billion, the first negative cash flow in its history.

As the baby boomers start retiring, and the work force remains weak, the SS negative cash flows should only continue to expand in the coming years.


Extras: Filter Print Post Top
InvisibleLe_Canard
The Duk Abides


Registered: 05/16/03
Posts: 94,392
Loc: Earthfarm 1 Flag
Re: The debt ceiling has been reached... again [Re: qman]
    #18761369 - 08/26/13 08:49 PM (10 years, 5 months ago)

Well, yes, as Meams said it's starting to weaken, due to a number of factors. But $50 billion is hardly 22% of the total budget, I would think.


Extras: Filter Print Post Top
Offlinefindingtruth
Stranger
Registered: 04/20/13
Posts: 34
Last seen: 8 years, 10 months
Re: The debt ceiling has been reached... again [Re: This_Guy]
    #18761372 - 08/26/13 08:51 PM (10 years, 5 months ago)

Quote:

This_Guy said:
It's not even real money anyway...




Its just 1's and 0's....no different then what your table is worth to YOU :wink:


Extras: Filter Print Post Top
Offlineqman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 3 days, 18 hours
Re: The debt ceiling has been reached... again [Re: Le_Canard]
    #18761436 - 08/26/13 09:05 PM (10 years, 5 months ago)

Quote:

ToiletDuk said:
Well, yes, as Meams said it's starting to weaken, due to a number of factors. But $50 billion is hardly 22% of the total budget, I would think.




SS always had a positive cash flow (more money was collected than was payed out),the excess money was always spent in the general fund.

The phony accounting of the government counts that money that was spent, and puts it into the SS trust fund (box of IOU's), they even collect interest on the "make believe" money.

SS tax money always went into the general budget, but now the program is spending more than it collects, and the deficit was $50 billion last year, not good.


Extras: Filter Print Post Top
Invisiblememes
Blessed


Folding@home Statistics
Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
Re: The debt ceiling has been reached... again [Re: Le_Canard]
    #18761464 - 08/26/13 09:11 PM (10 years, 5 months ago)

Quote:

ToiletDuk said:
Well, yes, as Meams said it's starting to weaken, due to a number of factors. But $50 billion is hardly 22% of the total budget, I would think.



it's not a problem now......


but it will be.



Extras: Filter Print Post Top
Invisiblememes
Blessed


Folding@home Statistics
Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
Re: The debt ceiling has been reached... again [Re: memes]
    #18761468 - 08/26/13 09:12 PM (10 years, 5 months ago)

and yes, i am well aware that the forecasted projections are inherently inaccurate as t increases past the last data point


Extras: Filter Print Post Top
Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: The debt ceiling has been reached... again [Re: Patlal]
    #18764413 - 08/27/13 03:14 PM (10 years, 5 months ago)

Quote:

Patlal said:
Quote:

zappaisgod said:
Quote:

Mush4Brains said:
Instead of making cuts, wouldn't it be easier to reduce costs by becoming a healthier nation?



And how do you propose doing that?  People indulge in unhealthful pleasures.  You want to have forced exercise sessions and outlaw certain foods?  Education is no answer.  People know the shit they are doing is unhealthy and do it anyway.




In Japan, companes make their employees do exercise during work hours to increase productivity. It works very well. Every nation on earth should it.



Every nation should force it's citizens to exercise?  That's fucking vile.


--------------------


Extras: Filter Print Post Top
InvisiblePrisoner#1
Even Dumber ThanAdvertized!
 User Gallery

Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
Re: The debt ceiling has been reached... again [Re: Patlal]
    #18764428 - 08/27/13 03:16 PM (10 years, 5 months ago)

Quote:

Patlal said:
Mid October they're saying.

Of course the Democrates and the Republicans can't agree on anything... Again...

I wonder why cause they both know they're gonna have to raise the debt ceiling. The US dollar will lose value, which sucks for everybody.

The only good news is that China owns that majority of the US debt. Since the US will never be able to pay it back, China will lose a shit ton of money. Yay! lol





wow... it's the democrats that cant agree, they still believe in spending
their way out of debt and china owns a little over 10% of the public debt,
not the majority


Extras: Filter Print Post Top
OfflinePatlal
You ask too many questions
Male User Gallery


Registered: 10/09/10
Posts: 44,812
Loc: Ottawa Flag
Last seen: 21 hours, 50 minutes
Re: The debt ceiling has been reached... again [Re: Prisoner#1]
    #18764945 - 08/27/13 05:07 PM (10 years, 5 months ago)

Quote:

Prisoner#1 said:
Quote:

Patlal said:
Mid October they're saying.

Of course the Democrates and the Republicans can't agree on anything... Again...

I wonder why cause they both know they're gonna have to raise the debt ceiling. The US dollar will lose value, which sucks for everybody.

The only good news is that China owns that majority of the US debt. Since the US will never be able to pay it back, China will lose a shit ton of money. Yay! lol





wow... it's the democrats that cant agree, they still believe in spending
their way out of debt and china owns a little over 10% of the public debt,
not the majority




Really??? Just 10%????

I am surprised to see that number. I always assumed in was something like 50%. Its that kind of shit you think is a fact because people around you act as if it was super high and you forget to do the research to prove it. People are unreliable.

EDIT: Forbes says its actually 7.5%. Much better than I thought!


--------------------


Edited by Patlal (08/27/13 05:10 PM)


Extras: Filter Print Post Top
Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: The debt ceiling has been reached... again [Re: Patlal]
    #18764963 - 08/27/13 05:12 PM (10 years, 5 months ago)

Quote:

Patlal said:
Quote:

Prisoner#1 said:
Quote:

Patlal said:
Mid October they're saying.

Of course the Democrates and the Republicans can't agree on anything... Again...

I wonder why cause they both know they're gonna have to raise the debt ceiling. The US dollar will lose value, which sucks for everybody.

The only good news is that China owns that majority of the US debt. Since the US will never be able to pay it back, China will lose a shit ton of money. Yay! lol





wow... it's the democrats that cant agree, they still believe in spending
their way out of debt and china owns a little over 10% of the public debt,
not the majority




Really??? Just 10%????

I am surprised to see that number. I always assumed in was something like 50%. Its that kind of shit you think is a fact because people around you act as if it was super high and you forget to do the research to prove it. People are unreliable.

EDIT: Forbes says its actually 7.5%. Much better than I thought!



What makes it "better"?


--------------------


Extras: Filter Print Post Top
OfflinePatlal
You ask too many questions
Male User Gallery


Registered: 10/09/10
Posts: 44,812
Loc: Ottawa Flag
Last seen: 21 hours, 50 minutes
Re: The debt ceiling has been reached... again [Re: zappaisgod]
    #18764989 - 08/27/13 05:20 PM (10 years, 5 months ago)

Quote:

zappaisgod said:
Quote:

Patlal said:
Quote:

Prisoner#1 said:
Quote:

Patlal said:
Mid October they're saying.

Of course the Democrates and the Republicans can't agree on anything... Again...

I wonder why cause they both know they're gonna have to raise the debt ceiling. The US dollar will lose value, which sucks for everybody.

The only good news is that China owns that majority of the US debt. Since the US will never be able to pay it back, China will lose a shit ton of money. Yay! lol





wow... it's the democrats that cant agree, they still believe in spending
their way out of debt and china owns a little over 10% of the public debt,
not the majority




Really??? Just 10%????

I am surprised to see that number. I always assumed in was something like 50%. Its that kind of shit you think is a fact because people around you act as if it was super high and you forget to do the research to prove it. People are unreliable.

EDIT: Forbes says its actually 7.5%. Much better than I thought!



What makes it "better"?




I thought China owned like 50% of the debt. It's only 7.5%. It isn't as catastrophic as it seems. It's a trillion out 16. I thought China had you by the balls.


--------------------


Extras: Filter Print Post Top
Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: The debt ceiling has been reached... again [Re: Patlal]
    #18765042 - 08/27/13 05:32 PM (10 years, 5 months ago)

:facepalm:The more debt of ours they hold the more WE have THEM by the balls.


--------------------


Extras: Filter Print Post Top
OfflinePatlal
You ask too many questions
Male User Gallery


Registered: 10/09/10
Posts: 44,812
Loc: Ottawa Flag
Last seen: 21 hours, 50 minutes
Re: The debt ceiling has been reached... again [Re: zappaisgod]
    #18765109 - 08/27/13 05:51 PM (10 years, 5 months ago)

Quote:

zappaisgod said:
:facepalm:The more debt of ours they hold the more WE have THEM by the balls.




Not really no.

Both China and the US depends on each others' prosperity. If the US falls China don't have customers. If China falls, there's no more cheap items.


--------------------


Extras: Filter Print Post Top
Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: The debt ceiling has been reached... again [Re: Patlal]
    #18765123 - 08/27/13 05:55 PM (10 years, 5 months ago)

Quote:

Patlal said:
Quote:

zappaisgod said:
:facepalm:The more debt of ours they hold the more WE have THEM by the balls.




Not really no.

Both China and the US depends on each others' prosperity. If the US falls China don't have customers. If China falls, there's no more cheap items.



If we can take their money and not pay it back they are screwed, not us.  If they fall the items they make will be even cheaper.


--------------------


Extras: Filter Print Post Top
OfflinePatlal
You ask too many questions
Male User Gallery


Registered: 10/09/10
Posts: 44,812
Loc: Ottawa Flag
Last seen: 21 hours, 50 minutes
Re: The debt ceiling has been reached... again [Re: zappaisgod]
    #18765220 - 08/27/13 06:23 PM (10 years, 5 months ago)

Quote:

zappaisgod said:
Quote:

Patlal said:
Quote:

zappaisgod said:
:facepalm:The more debt of ours they hold the more WE have THEM by the balls.




Not really no.

Both China and the US depends on each others' prosperity. If the US falls China don't have customers. If China falls, there's no more cheap items.



If we can take their money and not pay it back they are screwed, not us.  If they fall the items they make will be even cheaper.




And then what? The rest of the world will witness the US screwing China out of a trillion dollars. Then they'll be like, wait, if they did it to China, what's stopping them from screwing us over too? And so foreign investments will move out of the US and they will find a way to avoid doing business with the US. The US economy would collapse while all the other country's economy would surge because suddenly there a huge need to compensate what the US no longer provides.


--------------------


Extras: Filter Print Post Top
Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: The debt ceiling has been reached... again [Re: Patlal]
    #18765228 - 08/27/13 06:24 PM (10 years, 5 months ago)

Please tell me why the US should need one cent of foreign investment.


--------------------


Extras: Filter Print Post Top
InvisibleNWlight
Just look


Registered: 01/12/10
Posts: 18,686
Re: The debt ceiling has been reached... again [Re: zappaisgod]
    #18765240 - 08/27/13 06:27 PM (10 years, 5 months ago)

lol debt is fake money is fake we can spend whatever we want and bomb people who want it back

#real talk


--------------------
:wizard::deemsters:


Extras: Filter Print Post Top
Jump to top Pages: < Back | 1 | 2 | 3 | 4 | Next >  [ show all ]

PhytoExtractum Shop: Maeng Da Thai Kratom Leaf Powder


Similar ThreadsPosterViewsRepliesLast post
* So if the United States is perpetually in debt ...
( 1 2 3 4 all )
HB 4,818 77 09/28/08 12:23 PM
by Psilocybeingzz
* Sneaky Debt Collectors pshawny 4,645 14 07/15/05 11:19 PM
by Tranceport
* Are you in debt?
( 1 2 all )
LayYouIn 2,227 38 03/25/08 11:08 AM
by blissedout
* so much debt.. now i need a car..
( 1 2 all )
Razman 1,303 23 09/26/05 01:54 PM
by BloodNOil
* DEBT Moonshoe 488 7 03/10/08 12:52 AM
by GnuBobo
* Dumbass old hag bequeaths $1.1 mil to Feds to pay off national debt
( 1 2 all )
DNKYD 1,816 20 01/20/06 02:58 PM
by Boom
* Debt issues and questions AaronEvil 933 16 11/02/07 10:32 AM
by AaronEvil
* Debts...and a hypothetical question. NewbieS 765 11 12/22/07 09:54 AM
by WhiskeyClone

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: Entire Staff
1,931 topic views. 9 members, 44 guests and 41 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.031 seconds spending 0.006 seconds on 14 queries.