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It isn't a deficit, it's "government borrowing."

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gulliver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 08:28 PM
Original message
It isn't a deficit, it's "government borrowing."
People hate "government spending." They would hate "government borrowing" even more. Let's stop using the euphemism "deficit."
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Yo_Mama_Been_Loggin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 08:32 PM
Response to Original message
1. So is maxing out my credit cards
Edited on Sun Oct-16-05 08:50 PM by Yo_Mama_Been_Loggin
Then getting new cards with other companies to pay them off.
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Poiuyt Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 08:33 PM
Response to Original message
2. The problem is that China owns about 1/4 of our debt
They are currently receiving low interest rates. If they should decide to dump the bonds that they have bought, we would be in REAL trouble.
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Arkana Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 08:41 PM
Response to Original message
3. We're kinda like that mooch roommate everyone's had.
We never have our wallet with us at restaurants, and we're always borrowing "just a few bucks."
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 08:43 PM
Response to Original message
4. Its a bird, its a plane, its the repub program,Responsive Economics
Where when you don't have it, you pick up a fiver from some other dumb schmuck. Need a cool billion or so, sell the country. Need to sweeten the voters with another business bail out, call 1-800-CHINA, where practice makes perfect. Criticized by the youth in America who refuse to shut up about the debt they should be grateful for, yank in their paltry student loans while raking in some more "borrowed" dough.

Life's a beach!
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jimshoes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 08:53 PM
Response to Original message
5. Are these the same guys
who holler "tax and spend liberals" about us during election cyles?
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tsuki Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 09:14 PM
Response to Reply #5
6. Yes, but there is a big difference.
They are the "don't tax and spend the hell out of the treasury conservatives."
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