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Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
chang50 wrote:Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
Speaks volumes for the electorate,if he truly is as stupid as you claim..
Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
Metsfanmax wrote:Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
He isn't making the point that we're not steadily increasing our debt -- just that, specifically, raising the debt ceiling does not do that. What does do that is continuing to pass budgets that spend more than they earn in revenue. Those two are separate issues (even if they are politically related), and you well know it. Saying that raising the debt ceiling leads to increased debt is a pretty classic case of mistaking correlation for causation. We could increase the debt ceiling even if we were running surplus budgets, just for the hell of it, and then under the same absurd logic you could say that increasing the debt ceiling decreases debt.But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
We need to buy more lemons, guys!
aage wrote: Maybe you're right, but since we receive no handlebars from the mod I think we should get some ourselves.
rishaed wrote:Metsfanmax wrote:Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
He isn't making the point that we're not steadily increasing our debt -- just that, specifically, raising the debt ceiling does not do that. What does do that is continuing to pass budgets that spend more than they earn in revenue. Those two are separate issues (even if they are politically related), and you well know it. Saying that raising the debt ceiling leads to increased debt is a pretty classic case of mistaking correlation for causation. We could increase the debt ceiling even if we were running surplus budgets, just for the hell of it, and then under the same absurd logic you could say that increasing the debt ceiling decreases debt.But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
We need to buy more lemons, guys!
The problem with your picture analogy is that, one the things you are comparing don't even have any similarity.
If you would compare debt to debt ceiling then they do have a similarity DEBT and Money to be precise. It is utmost foolishness for the government not only to have the power to increase budget, but also the limit they can spend, its like the credit card that never ends. Anywho, why change budget policy if you can raise the debt ceiling instead?
Metsfanmax wrote:Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
He isn't making the point that we're not steadily increasing our debt -- just that, specifically, raising the debt ceiling does not do that. What does do that is continuing to pass budgets that spend more than they earn in revenue. Those two are separate issues (even if they are politically related), and you well know it. Saying that raising the debt ceiling leads to increased debt is a pretty classic case of mistaking correlation for causation. We could increase the debt ceiling even if we were running surplus budgets, just for the hell of it, and then under the same absurd logic you could say that increasing the debt ceiling decreases debt.But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
[img]http://blogs.iq.harvard.edu/sss/ci700332kn00001./img]
We need to buy more lemons, guys!
rishaed wrote:The problem with your picture analogy is that, one the things you are comparing don't even have any similarity.
If you would compare debt to debt ceiling then they do have a similarity DEBT and Money to be precise.
It is utmost foolishness for the government not only to have the power to increase budget, but also the limit they can spend, its like the credit card that never ends. Anywho, why change budget policy if you can raise the debt ceiling instead?
Metsfanmax wrote:He isn't making the point that we're not steadily increasing our debt -- just that, specifically, raising the debt ceiling does not do that. What does do that is continuing to pass budgets that spend more than they earn in revenue. Those two are separate issues (even if they are politically related), and you well know it. Saying that raising the debt ceiling leads to increased debt is a pretty classic case of mistaking correlation for causation. We could increase the debt ceiling even if we were running surplus budgets, just for the hell of it, and then under the same absurd logic you could say that increasing the debt ceiling decreases debt.
Metsfanmax wrote:rishaed wrote:The problem with your picture analogy is that, one the things you are comparing don't even have any similarity.
If you would compare debt to debt ceiling then they do have a similarity DEBT and Money to be precise.
I am not particularly swayed if the argument hinges on the premise that "debt ceiling" contains the word "debt."It is utmost foolishness for the government not only to have the power to increase budget, but also the limit they can spend, its like the credit card that never ends. Anywho, why change budget policy if you can raise the debt ceiling instead?
Removing the credit card is the ultimate passive-aggressive strategy. I doubt the sincerity of anyone who claims they are advocating good government policy if this is their stance: "We can't get Congress to pass a responsible budget, so let's just force ourselves into default -- that'll teach them, and maybe then they'll learn to do better." (Note: I am sure that many of the people complaining about the debt ceiling increases are also people who complained about our "credit downgrade.") This is eschewing the responsibility of coming up with an actual solution yourself. If you honestly think that deficit spending cannot work in the long term, then you can surely do better than punishing the "crackhead" by making him or her face withdrawal symptoms while walking away. That strategy is more likely to end in relapse than it is a long-term solution.
aage wrote: Maybe you're right, but since we receive no handlebars from the mod I think we should get some ourselves.
rishaed wrote:1. There is no oversight. A.K.A. Someone/Group of People that are completely independent from the government that can regulate our federal budget.
Metsfanmax wrote:Night Strike, just out of curiosity, do you think you are smarter than President Obama?
Metsfanmax wrote:Night Strike, just out of curiosity, do you think you are smarter than President Obama?
Metsfanmax wrote:
Removing the credit card is the ultimate passive-aggressive strategy. I doubt the sincerity of anyone who claims they are advocating good government policy if this is their stance: "We can't get Congress to pass a responsible budget, so let's just force ourselves into default -- that'll teach them, and maybe then they'll learn to do better." (Note: I am sure that many of the people complaining about the debt ceiling increases are also people who complained about our "credit downgrade.") This is eschewing the responsibility of coming up with an actual solution yourself. If you honestly think that deficit spending cannot work in the long term, then you can surely do better than punishing the "crackhead" by making him or her face withdrawal symptoms while walking away. That strategy is more likely to end in relapse than it is a long-term solution.
patches70 wrote:I applaud the generous nature of those who see no problem with the government raising the limit with no strings attached.
Phatscotty wrote:chang50 wrote:Night Strike wrote:Well, at least if you're as stupid as this president apparently is.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
Speaks volumes for the electorate,if he truly is as stupid as you claim..
It does, but only to a certain extent. Sure, you have your morons and brainwashed masses...
Example
Millions of people voted for him that could care less about who is smart or dumb, they only cared about who gave them a free cell phone.
Example
Millions of other people voted for him simply because he said we would sic the Justice Department on George Zimmerman.
Example
And millions more voted for Obama because they wante free healthcare, free tuition, free housing, free food, free transportation, free energy, free money
Example
Millions more made their decision based solely on the color of his skin.
Example
If you have any opinions to the contrary, please feel free to list some of them here.
isaiah40 wrote:I thought this was interesting:
patches70 wrote:The logical thing is to not spend a single penny more than is taken in. If that's the case, there is no need to raise the debt limit at all, as no more debt will be taken on.
Night Strike wrote:Metsfanmax wrote:Night Strike, just out of curiosity, do you think you are smarter than President Obama?
Your question is too vague.
Mets wrote:If we double our debt but also double our GDP in the same time period, then we are basically in the same situation that we were before
Mets wrote:What the actual appropriate level of that ratio is, or whether it is wise to continue this policy in perpetuity, are matters on which reasonable people can disagree.
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