Project 1999

Go Back   Project 1999 > General Community > Off Topic

Closed Thread
 
Thread Tools Display Modes
  #2191  
Old 12-04-2019, 11:09 AM
Wonkie Wonkie is offline
Banned


Join Date: May 2014
Posts: 6,339
Default

Quote:
Originally Posted by Teppler [You must be logged in to view images. Log in or Register.]
Would it mean anything to you if the debt quadrupled tomorrow?

The US wasn't always bankrupt. It happened along our history. We weren't always a giant pay pig for big liberal interests and bankers.

In your personal life what happens if you spend beyond your means to an excessive level, consistently?
how many is GDP compare to how many is spend

what number bigger?
  #2192  
Old 12-04-2019, 11:26 AM
Teppler Teppler is offline
Banned


Join Date: Jun 2012
Posts: 2,203
Default

Quote:
Originally Posted by Wonkie [You must be logged in to view images. Log in or Register.]
how many is GDP compare to how many is spend

what number bigger?
Our spending outpaces our wealth generation which is why we are in debt.

What happens when you spend beyond your means consistently?
  #2193  
Old 12-04-2019, 11:34 AM
Wonkie Wonkie is offline
Banned


Join Date: May 2014
Posts: 6,339
Default

Quote:
Originally Posted by Teppler [You must be logged in to view images. Log in or Register.]
Our spending outpaces our wealth generation which is why we are in debt.

What happens when you spend beyond your means consistently?
could you express that as a ratio for the years in question, T-brain?

spending:gdp
Last edited by Wonkie; 12-04-2019 at 11:36 AM..
  #2194  
Old 12-04-2019, 11:44 AM
Teppler Teppler is offline
Banned


Join Date: Jun 2012
Posts: 2,203
Default

Quote:
Originally Posted by Wonkie [You must be logged in to view images. Log in or Register.]
could you express that as a ratio for the years in question, T-brain?

spending:gdp
I don't see the relevance.

I think I've proven spending has been liberal over the past 30 years.

The US wasn't always bankrupt and in debt. Spending wasn't always out of control. Our debt has near quadrupled in just a short amount of years. This shows a clear shift to increase spending.... another way of saying that is "liberal spending". It's become exponential even which makes the relationship quite clear that we've shifted to the left spending over the past 30 years.
  #2195  
Old 12-04-2019, 11:48 AM
Wonkie Wonkie is offline
Banned


Join Date: May 2014
Posts: 6,339
Default

Quote:
Originally Posted by Teppler [You must be logged in to view images. Log in or Register.]
I don't see the relevance.
https://youtu.be/GtkST5-ZFHw?t=28
  #2196  
Old 12-04-2019, 11:55 AM
Teppler Teppler is offline
Banned


Join Date: Jun 2012
Posts: 2,203
Default

I know. I wish I had more patience to explain debt to a sub 90 IQer that thinks we are a wealthy country and not literally bankrupt and in trillions of dollars of debt. Bankruptcy and trillions in debt is conservative public spending and not liberal spending right wonkie?
  #2197  
Old 12-04-2019, 12:06 PM
Wonkie Wonkie is offline
Banned


Join Date: May 2014
Posts: 6,339
Default

Quote:
Originally Posted by Teppler [You must be logged in to view images. Log in or Register.]
I know. I wish I had more patience to explain debt to a sub 90 IQer that thinks we are a wealthy country and not literally bankrupt and in trillions of dollars of debt. Bankruptcy and trillions in debt is conservative public spending and not liberal spending right wonkie?
You can do a debt ratio too if you want, I'm versatile. It's not useful but we all have our kinks.

spending:gdp first plz
  #2198  
Old 12-04-2019, 12:08 PM
Hoppkins_Wytchfinder Hoppkins_Wytchfinder is offline
Fire Giant

Hoppkins_Wytchfinder's Avatar

Join Date: Sep 2019
Posts: 508
Default

https://en.wikipedia.org/wiki/List_o...y_expenditures

I can see something which could probably be cut to reduce spending.
  #2199  
Old 12-04-2019, 12:33 PM
feniin feniin is offline
Planar Protector

feniin's Avatar

Join Date: May 2017
Posts: 3,130
Default

Quote:
Originally Posted by Teppler [You must be logged in to view images. Log in or Register.]
I know. I wish I had more patience to explain debt to a sub 90 IQer that thinks we are a wealthy country and not literally bankrupt and in trillions of dollars of debt. Bankruptcy and trillions in debt is conservative public spending and not liberal spending right wonkie?
Nice personal attacks. Next time try engaging rather than lashing out. If you can't answer his question, it's okay to admit it.
  #2200  
Old 12-04-2019, 12:54 PM
Teppler Teppler is offline
Banned


Join Date: Jun 2012
Posts: 2,203
Default

Quote:
Originally Posted by Hoppkins_Wytchfinder [You must be logged in to view images. Log in or Register.]
https://en.wikipedia.org/wiki/List_o...y_expenditures

I can see something which could probably be cut to reduce spending.
Military spending isn’t our issue. We spend an incredible amount on welfare type programs. From 2001-2017 our debt rose from 5.8 to 20.2 trillion. Of that, 1.9 trillion is due to the war on terror. That leaves 12.5 trillion unaccounted for.

Where did the money go during this time?

Obama’s bail out to the banks amounted to 16.1 trillion dollars. Most of this is still owed to the banks to be paid out between now and 2050. 4.6 trillion was paid out, the rest goes on our balance sheet as debt.

Whining about military spending in the face of this is ludicrous.

Keep in mind that military spending is 50% of discretionary spending. Not 50% of our total budget. Discretionary spending only accounts for like 25% of our total budget. Almost all of our budget is ‘mandatory spending’ which is almost entirely welfare programs such as social security, snap, Medicare, Medicaid, unemployment etc....
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 12:57 PM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.