US Debt Clock

MXMatt
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Edited Date/Time 1/26/2012 9:17am
I found this to be interesting:

http://www.usdebtclock.org/
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WhKnuckle
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7/21/2009 2:21am
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who took over a government that had an actual budget surplus? Notice that the only Democratic president since Reagan is also the only president who balanced the budget? Why you people want to bring up spending is beyond me - your party has less credibility on spending than Democrats. You spend even more money, the difference is that Democrats spend money on Americans and you people spend it on someone else's country like Iraq.
Jack Flash
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7/21/2009 3:17am Edited Date/Time 7/21/2009 3:18am
My wife spends at the same rate, sometimes more!
flarider
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7/21/2009 6:16am
WhKnuckle wrote:
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who...
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who took over a government that had an actual budget surplus? Notice that the only Democratic president since Reagan is also the only president who balanced the budget? Why you people want to bring up spending is beyond me - your party has less credibility on spending than Democrats. You spend even more money, the difference is that Democrats spend money on Americans and you people spend it on someone else's country like Iraq.
IT WAS OK THEN

Now it is bad

"Do as I say, not as I do"

All the bitching is because it's not their team in control and doing it, as long as it's their team and their team's mouthpieces approve and pump up the team, IT'S ALL GOOD

If it's the other team, and they're doing damage control and/or fixing the shit fucked up by the other team, THAT IS IRRELEVANT!
They're bad and they're irresponsible
Because they say so





jtomasik
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7/21/2009 7:04am
I'm still wondering why those who were so diligent watching the money during the Bush years aren't saying a damn thing now...

The Shop

flarider
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7/21/2009 7:06am
jtomasik wrote:
I'm still wondering why those who were so diligent watching the money during the Bush years aren't saying a damn thing now...
I know I did, but of course the Bush apologists just said "No problem, stop being a whiny liberal" or something like that

jtomasik
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7/21/2009 7:13am
Why so silent now? The irresponsible spending is pouring out of the government at a rate that rivals the Bush years...
flarider
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7/21/2009 7:16am
Because now we have to fix what was fucked up, and that can't be done for free

In case you didn't notice, shit's a little fucked up right now

flarider
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7/21/2009 7:32am
Don't understand stimulus, huh?

I think it's funny how some of you think it was OK to spend like a drunken sailor and now that someone is spending to accomplish something, it's bad
I also think it's funny how some of you think that the entire economic collapse will just magically go away all by itself
kcadrenalin
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7/21/2009 7:45am
flarider wrote:
Don't understand stimulus, huh? I think it's funny how some of you think it was OK to spend like a drunken sailor and now that someone...
Don't understand stimulus, huh?

I think it's funny how some of you think it was OK to spend like a drunken sailor and now that someone is spending to accomplish something, it's bad
I also think it's funny how some of you think that the entire economic collapse will just magically go away all by itself
If there was ANY truth to that statement I would agree with you. BTW I for one was very unhappy with the Republicans (most) during the last 8 years. They more or less became Democrats.

What I think is FUNNY is how some of you think that spending Billions on CRAP is somehow going to get us out of this mess. The porkulus bill was just one huge goody bag for polititions. It has done nothing to fix the economy.
flarider
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7/21/2009 7:47am
Don't understand stimulus, huh?
txmxer
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7/21/2009 7:52am
I heard comments on the radio that the stimulus money is going out a lot more generously to districts that supported the democrats.

That kind of politics is what is wrong.

You can agree that a stimulus bill and spending is good or bad. Nobody responded to my post about what would have happened if the TARP and other bills had not been put into action. That would be discussing economic policy. But, using the money to buy votes pisses me off much more. It means more of the same.
kcadrenalin
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7/21/2009 7:53am
You and I must have different definitions of "stimulus".

Spending money on a Gangster museum in Atlanta doesn't make sense to me.
Giving ACORN Billions doesn't make sense to me.
Waiting until just before the 2010 elections for most of the stimulus money to kick in doesn't make sense to me.

The stimulus bill was a joke and there is no defending it.
tcannon521
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7/21/2009 9:26am
WhKnuckle wrote:
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who...
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who took over a government that had an actual budget surplus? Notice that the only Democratic president since Reagan is also the only president who balanced the budget? Why you people want to bring up spending is beyond me - your party has less credibility on spending than Democrats. You spend even more money, the difference is that Democrats spend money on Americans and you people spend it on someone else's country like Iraq.
flarider wrote:
IT WAS OK THEN Now it is bad "Do as I say, not as I do" All the bitching is because it's not their team in...
IT WAS OK THEN

Now it is bad

"Do as I say, not as I do"

All the bitching is because it's not their team in control and doing it, as long as it's their team and their team's mouthpieces approve and pump up the team, IT'S ALL GOOD

If it's the other team, and they're doing damage control and/or fixing the shit fucked up by the other team, THAT IS IRRELEVANT!
They're bad and they're irresponsible
Because they say so





Dave is your company still spending the same as it was 3 years ago?

If you changed your business expenses b/c of less revenue why shouldn't Uncle Sam?

Hell Uncle Sam should lead by example. That would get us out of this mess quicker than anything!
jtomasik
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7/21/2009 9:32am Edited Date/Time 7/21/2009 9:33am
flarider wrote:
Because now we have to fix what was fucked up, and that can't be done for free In case you didn't notice, shit's a little fucked...
Because now we have to fix what was fucked up, and that can't be done for free

In case you didn't notice, shit's a little fucked up right now

So, adding more irresponsible spending and debt is the way to reduce debt. Got it.

The "plan" doesn't include any real balance sheets or numbers that show revenue will increase to reduce the debt. None whatsoever. There's a bunch of hand waving, but that's all we really get.

THERE IS NO PLAN.
09450f
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7/21/2009 9:32am
WhKnuckle wrote:
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who...
Notice that the national debt doubled under Bush and 6 years of a Republican congress? Notice that Bush was the only president of our generation who took over a government that had an actual budget surplus? Notice that the only Democratic president since Reagan is also the only president who balanced the budget? Why you people want to bring up spending is beyond me - your party has less credibility on spending than Democrats. You spend even more money, the difference is that Democrats spend money on Americans and you people spend it on someone else's country like Iraq.
is that why they sent billions to almost every middle east country

and the decifit is skyrocketing because the congress can't stop spending?
flarider
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7/21/2009 10:03am
tcannon521 wrote:
Dave is your company still spending the same as it was 3 years ago? If you changed your business expenses b/c of less revenue why shouldn't...
Dave is your company still spending the same as it was 3 years ago?

If you changed your business expenses b/c of less revenue why shouldn't Uncle Sam?

Hell Uncle Sam should lead by example. That would get us out of this mess quicker than anything!
Sure, but I also save money and pay down debt during good times

What happened to that?
Were you bitching then?

So now we're in a pickle, we need to increase revenues but we have no savings.

What do you do now?
Let the company go into the shitter? Lock the doors?

You could borrow and increase your advertising and visibility to increase sales, paying down your old and new debt and keeping your company from closing.



Amazing to me smart people like you can't understand stimulus.
Let's use something simple like building a new park, which is actually happening here in my county.

To build the park they have to hire/pay people to clear the land, people to do the plumbing, to do the electrical, to pave the roads, to build the docks, to build the play ground equipment...and out of each of those, the land clearing company buys and pays for equipment and tools, plumbers buy piping and tools (and subcontract ditch diggers, who buy equipment and tools) and the electricians buy wiring and switches, and boxes and conduit and the road pavers buy equipment, and rock and asphalt and the playground equipment company buys the plastic and wood to make the equipment along with all the nuts and bolts and all of those companies, from the plumber to the nut and bolt company floor sweeper all get paid a wage, and all of those getting paid a wage spend that money on things for their home, for food, for a car, or parts for their car or their motorcycle or parts for their motorcycle and new clothes for their kids for school and pencils and pens and paper and all of those companies from the home builder to food store to pencil maker all hire people who earn a wage and then they put money into the economy by buying things.
There is only one entity large enough with the clout, capital and credit to initiate these kinds of projects nationwide to get people moving, working and spending money so the money moves down the line from one hand to the next...guess who?

Or better yet, do nothing and have all those people sit at home doing nothing and collecting unemployment off the government dole

Farva
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7/21/2009 10:05am Edited Date/Time 7/21/2009 10:09am
jtomasik wrote:
I'm still wondering why those who were so diligent watching the money during the Bush years aren't saying a damn thing now...
flarider wrote:
I know I did, but of course the Bush apologists just said "No problem, stop being a whiny liberal" or something like that

Did you have a problem with it then but not now? The problem we have with you is that you bashed bush for it but try to justify why Obama is doing it.
jtomasik
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7/21/2009 10:10am Edited Date/Time 4/17/2016 1:01am
flarider wrote:
Sure, but I also save money and pay down debt during good times What happened to that? Were you bitching then? So now we're in a...
Sure, but I also save money and pay down debt during good times

What happened to that?
Were you bitching then?

So now we're in a pickle, we need to increase revenues but we have no savings.

What do you do now?
Let the company go into the shitter? Lock the doors?

You could borrow and increase your advertising and visibility to increase sales, paying down your old and new debt and keeping your company from closing.



Amazing to me smart people like you can't understand stimulus.
Let's use something simple like building a new park, which is actually happening here in my county.

To build the park they have to hire/pay people to clear the land, people to do the plumbing, to do the electrical, to pave the roads, to build the docks, to build the play ground equipment...and out of each of those, the land clearing company buys and pays for equipment and tools, plumbers buy piping and tools (and subcontract ditch diggers, who buy equipment and tools) and the electricians buy wiring and switches, and boxes and conduit and the road pavers buy equipment, and rock and asphalt and the playground equipment company buys the plastic and wood to make the equipment along with all the nuts and bolts and all of those companies, from the plumber to the nut and bolt company floor sweeper all get paid a wage, and all of those getting paid a wage spend that money on things for their home, for food, for a car, or parts for their car or their motorcycle or parts for their motorcycle and new clothes for their kids for school and pencils and pens and paper and all of those companies from the home builder to food store to pencil maker all hire people who earn a wage and then they put money into the economy by buying things.
There is only one entity large enough with the clout, capital and credit to initiate these kinds of projects nationwide to get people moving, working and spending money so the money moves down the line from one hand to the next...guess who?

Or better yet, do nothing and have all those people sit at home doing nothing and collecting unemployment off the government dole

1. Reduce spending where it's not necessary. Billions are flowing out of our borders to crap like Iraq and the middle east where it's not necessary. I don't hear you bitching about that.


2. Increase revenue. That means a plan that returns more money than is spent...not one that returns $0.30 on the dollar, which is what the government jobs pay back. There is no plan to increase jobs and revenue here, at least on any substantial amount. It's a fucking joke.


3. Not make dumb-ass requirements like, "spend it or lose it", which is what a good portion of the "stimulus" is.


4. Actually watch where the dollars are going, not spend first then ask questions later.


5. Have an actual plan with expenditures vs. expected returns, PRIOR to flowing the money.





Truth is Dave, if Bush did what Obama is doing now, you'd be crying a river.
flarider
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7/21/2009 10:19am

"Truth is Dave, if Bush did what Obama is doing now, you'd be crying a river."

That's where you're wrong
I don't make decisions or judgments based on "who" but on "why"
If we were in the same mess, I would support the same stimulus.

jtomasik
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7/21/2009 10:22am
flarider wrote:
[i]"Truth is Dave, if Bush did what Obama is doing now, you'd be crying a river."[/i] That's where you're wrong I don't make decisions or judgments...

"Truth is Dave, if Bush did what Obama is doing now, you'd be crying a river."

That's where you're wrong
I don't make decisions or judgments based on "who" but on "why"
If we were in the same mess, I would support the same stimulus.

Wow. Then the problem is bigger than I originally thought.
flarider
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7/21/2009 10:26am
Yup brainiac

Your problem is bigger than you thought


tcannon521
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7/21/2009 10:32am Edited Date/Time 4/17/2016 1:01am
So let me get this straight, since your business is down. Asssuming you are, given the products you sell and that type of industry slowing 20 to 40 percent. You have started an aggressive marketing campaign to get people to spend money they don't have right?

Farva
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7/21/2009 10:35am Edited Date/Time 7/21/2009 10:36am
tcannon521 wrote:
So let me get this straight, since your business is down. Asssuming you are, given the products you sell and that type of industry slowing 20...
So let me get this straight, since your business is down. Asssuming you are, given the products you sell and that type of industry slowing 20 to 40 percent. You have started an aggressive marketing campaign to get people to spend money they don't have right?

Most people tighten the belt up because they know throwing money at a problem wont fix it...
7/21/2009 10:36am
I sure could make a shitload of money with a million dollars right now.
flarider
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7/21/2009 10:40am Edited Date/Time 4/17/2016 1:01am
tcannon521 wrote:
So let me get this straight, since your business is down. Asssuming you are, given the products you sell and that type of industry slowing 20...
So let me get this straight, since your business is down. Asssuming you are, given the products you sell and that type of industry slowing 20 to 40 percent. You have started an aggressive marketing campaign to get people to spend money they don't have right?

Go re-read my response


and not everything is one size fits all, is it?



BTW, not that it's your business, but our overall sales are up, not down
tcannon521
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7/21/2009 10:41am
Also, since when is it the Gov. job to create jobs and stimulate the economy?

I say stay the fuck out of failing companies and failing states. They will clean themselves of over spending. Some of these to big to fail corporations need to fail!!
The same with uncle sam, I just got back from D.C. and was amazed at how many buildings each department had. Come on does anyone really think we need that many buildings and offices? We have a big, fat and wasteful goverment!!!
tcannon521
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7/21/2009 10:46am
flarider wrote:
Go re-read my response and not everything is one size fits all, is it? BTW, not that it's your business, but our overall sales are up...
Go re-read my response


and not everything is one size fits all, is it?



BTW, not that it's your business, but our overall sales are up, not down
In business and math yes.

If you can't pay your current bills how are you going to pay for future bills? Sure you gotta spend some to make some, but do you really think the stimulus plan is the fix?

We are another 6-12 months from the housing market correcting itself. Or so I have been told and also read. The reading part meaning most say we have a 6 -12 month surplus still. That is down from 12-18 months not long ago.

I know it isn't any of my business thus the reason I didn't ask. I was being hypothetical with my statement. That said, congrats on being ahead!!! Lots would be happy with being even at them moment.
flarider
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7/21/2009 11:08am
Leave if you don't like it

7/21/2009 11:17am
tcannon521 wrote:
Also, since when is it the Gov. job to create jobs and stimulate the economy? I say stay the fuck out of failing companies and failing...
Also, since when is it the Gov. job to create jobs and stimulate the economy?

I say stay the fuck out of failing companies and failing states. They will clean themselves of over spending. Some of these to big to fail corporations need to fail!!
The same with uncle sam, I just got back from D.C. and was amazed at how many buildings each department had. Come on does anyone really think we need that many buildings and offices? We have a big, fat and wasteful goverment!!!
True, and the last eight years have seen countless billions of dollars wasted on bombs for brown people and no-bid contracts for BushCo cronies.

If we had all that money back, there wouldn't even be an economic crisis.
jtomasik
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7/21/2009 11:42am
So if we're going to just print more paper, call it money, and say it's worth something, why not do away with the Fed and the banks, print directly from the government, and issue it directly to the businesses and the consumer? Apparently the growing debt with no real plan of paying it off is of no consequence, so that means the money is easy to come by. And, the way the Fed has been printing it, that much is obvious.

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