🚀 go-pugleaf

In <rayD05E0u.6yC@netcom.com>, ray@netcom.com (Ray Fischer) writes:
> Yabba Dabba Dude <fredw@mcdata.com> wrote:
>> ray@netcom.com (Ray Fischer) writes:
>>> Yabba Dabba Dude <fredw@mcdata.com> wrote:
>
>>>>Reagan has the best record of economic indicators for ALL 
>>>>post-war Presidents.  Boy, I see your point, this is irrational!
>>>
>>>BFD.  Making the economy _look_ good by borrowing $3,000,000,000,000
>>>and distributing it among the already wealthy is no great trick.  You
>>>can do the same.  Just run up your credit cards.  Of course, the bill
>>>will come due eventually.  In the case of the national debt, it's
>>>now about $20,000 per person.  This year about $1000 of your tax
>>>dollars will do nothing but pay interest on that debt.
>>
>>Hello.. RAY.. anyone home ?  If I run up my credit card, how much I'm in debt
>>depends on my assets.  If I run up $10,000, but I have real estate worth 1 mil, 
>>big deal.  The GDP is a resonable indication of assets, and the deficit as a 
>>percent of GDP dropped during the 7 fat years from '83 to '89.
>
>I don't know about you, but the prospect of $1000 of my tax dollars
>doing _nothing_ but paying interest thrills me not at all.  I can
>think of other things to do with $1000.  And the debt is still $20,000
>for each man, woman, and child in the country.  How well could _your_
>family afford that kind of debt?

Pretty well, since I'll never have to.  Oh yea, let me guess, my kids 
will have to.  I think the debt comes due in 2021... or was it 2023 ?
It would be interesting to see some proof to substantiate your claim that
$1000 of my dollars are earmarked for the debt.  Just like that fund
Clinton was going to start.   Hmmm.

>I should also like to point out that the current national debt is
>about 4 times the annual income of the federal government.

>>>And we can still see how confident people are in the nation's economy.
>>>As I said before, you can make people feel good by just borrowing lots
>>>of money and giving it to them.
>>
>>You cliched liberals are so entertaining!!
>
>Typical of right-wing bigots to use "liberal" as an epithet.

How many reading this post can put aside bias and find the hypocracy 
in that last statement.  Thank you, I thought so.

>> Yea, we borrowed all that money
>>and just spread it around, and it caused great expansion.  Yea, thats it.
>
>Clever rebuttal.  Best you could come up with?

Well, I figured I had to communicate in a manner you could understand.

>How much better could you live with an extra $1500 a year?

So now its up to $1500 from $1000 ?  Are you related the Clinton's ?

Yabba