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| Thoughts??? (Page 1/1) |
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82-T/A [At Work]
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AUG 01, 07:57 AM
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rinselberg
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AUG 02, 11:58 AM
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I wouldn't begin to know how to interpret this without a historical database of the Debt vs GDP ratio.
If I were going to get into this, I would start by seeing if any of my "faves" have anything to say about. Paul Krugman. Austan Goolsbee. Robert Reich. Just the first three names that pop into my head.
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cliffw
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AUG 02, 05:14 PM
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| quote | Originally posted by rinselberg:
I would start by seeing if any of my "faves" have anything to say about. Paul Krugman. Austan Goolsbee. Robert Reich. Just the first three names that pop into my head. |
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Hang with dumazzes, become a dumbazz.
Todd, math was my worst subject in school. I am smart enough to realize our debt will be passed onto your grand kids. (Sort of how Social Security and Medicare work.) I am also smart enough to know that I can not spend more than I earn.
What I am unsure about, but believe, ..., is that GDP does not equal taxes generated by said GDP.[This message has been edited by cliffw (edited 08-02-2022).]
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82-T/A [At Work]
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AUG 02, 06:42 PM
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It basically means that we've gone past the point of being able to pay off our debt.
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