I am so sick of hearing that peoples personal budget can not be in deficit like

[Freeper]

stevebreeze  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list       Sat Oct-09-10 04:51 PM
Original message
I am so sick of hearing that peoples personal budget can not be in deficit like the countries
   
As if no one ever take a load to buy a house or a car. These same financial geniuses want to cut taxes and balance the budget. That's like saying gee I can't pay my mortgage I think I vacation in the Bahama's a couple of week so I feel well enough to make my payment.s

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9287137

Feel free to use the Obama, Pelosi, and Reid model for your finances at home.
Maybe Bobo will take you in, in her car after 6 months when you lost your home.

Maccagirl  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list       Sat Oct-09-10 05:13 PM
Response to Original message
2. If people's personal budgets were solvent
   
why the hell would we have foreclosures, bankrupties, credit card debt etc etc etc...
When Repukes say this ad nausem why doesn't ANYONE challenge them on this lie?

GRRRRR.

Yep you see how well it is working for those people. Only they don't get to print money out of thin air if they do they go to jail.

TexasObserver  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list       Sat Oct-09-10 06:49 PM
Response to Original message
3. Most people have more debt than annual income.
   
The GOP meme about the national debt compared to the annual GDP of the country is therefore not comparable.

A couple that makes $60,000 together might have debt three or four times that.

The debt service on our national debt is fairly low as a percentage, and with a declining dollar, we're paying back that debt with cheaper dollars than we borrowed.

The whole anti deficit harangue has no substance, because the very people who preach it the most have never produced a balanced budget when they've been in power. They've done the opposite. The national debt was created mainly by Reagan and two Bushes.

PSSSSSST DUmmy the dems controled the house when both of those guys were president. The house comes up with the budgets. We had a surplus that you credit to Clinton when the Repukes held the house.

[jukin]

Look, if a donk president and congress are doing something, anything, it is the bestest. mostest wonderfulerer thing in the world.

Lather, rinse, repeat.

[Chris_]

stevebreeze  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list       Sat Oct-09-10 04:51 PM
Original message
I am so sick of hearing that peoples personal budget can not be in deficit like the countries
   
As if no one ever take a load to buy a house or a car. These same financial geniuses want to cut taxes and balance the budget. That's like saying gee I can't pay my mortgage I think I vacation in the Bahama's a couple of week so I feel well enough to make my payment.s

Remind me who was complaining the loudest about deficits for the last 10 years.

Liberals don't care about deficits or spending... they just want you to spend money on things they approve of.  You never hear them say "we're spending too much".  It's always "we're not spending enough on what I want".  If President Bush had used his entire budget each year to satisfy every liberal's utopian pipe dream, they would still bitch and moan it wasn't enough to suit them.

[AllosaursRus]

The fact we are ****in' broke due to the messiah's policies is completely lost on this slugs!!!!!!!!!!!!!!

[Randy]

We haven't defaulted on our payments though so China hasn't had to resort to foreclosure yet.

[formerlurker]

I am so sick of hearing that peoples personal budget can not be in deficit like the countries
   
As if no one ever take a load to buy a house or a car. These same financial geniuses want to cut taxes and balance the budget. That's like saying gee I can't pay my mortgage I think I vacation in the Bahama's a couple of week so I feel well enough to make my payment.s

What the....  is this even English?     I am glad you all know what the hell he is trying to say because this makes no sense to me at all.

[Carl]

What the....  is this even English?     I am glad you all know what the hell he is trying to say because this makes no sense to me at all.

The words are English the thought behind them is incoherent.

It is like a small childs tantrum when they explode,typical DUmmy.

[AllosaursRus]

The words are English the thought behind them is incoherent.

It is like a small childs tantrum when they explode,typical DUmmy.

Hey, hey, hey! My 3 year old granddaughter makes more sense than these idiots! Even when she's throwin' a fit!

[true_blood]

What the....  is this even English?     I am glad you all know what the hell he is trying to say because this makes no sense to me at all.

Even written properly, it still wouldn't make sense to us. Liberalism = Mental Disorder.

[Texacon]

Woo Hoo!!  So does this mean I can borrow as much as I want and force others to pay the bill?!

Life just keeps getting better and better doesn't it?

KC

[LC EFA]

What the....  is this even English?     I am glad you all know what the hell he is trying to say because this makes no sense to me at all.

Odds are he isn't trying to say the government should spend less than it "earns" to maintain solvency.

[AllosaursRus]

Woo Hoo!!  So does this mean I can borrow as much as I want and force others to pay the bill?!

Life just keeps getting better and better doesn't it?

KC

Sorry, Tex, the rules actually do apply to those of us actually "donatin'" our money to "them"!