Surly's Soap Box 9 Trillion in Debt?

9 Trillion in Debt?

You know, this really bothers me. 9 trillion. What's going on here? Why is the government so set on spending money like a drunken sailor? If I spent the way government did, someone would have forcibly taken away my credit cards and possibly locked me up.

Something is wrong here. Very wrong. There isn't a good defense for this.

Posted by Surly Dave on Saturday, November 10, 2007

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Bike Bubba (mail) (www):

Actually, if you count the unfunded liabilities and use the GAAP (Generally Accepted Accounting Practices) that the government requires every other corporation to use, the real national debt is in excess of fifty trillion dollars.

And what do you have against drunken sailors, comparing them to government? Yeesh. :^)

11.12.2007 1:49pm

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David (mail):

Maybe it's the massive expenditures for the wars in Iraq and Afghanistan, along with tax cuts for the ultra-wealthy?

11.15.2007 10:13pm

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Bike Bubba (mail) (www):

Actually, most of it is unfunded liabilities for Social Security and Medicare, along with the costs of the "Great Society"/"War on the poor," which dwarf DOD spending each year. It's not even close.

11.16.2007 10:21am

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David (mail):

And to thin, 7 years ago it was a 5 trillion dollar SURPLUS. That's a turn-around of, what, 14 trillion? And the GOP has been in complete control of the pursestrings for all but 11 months of those 7 years. I'm glad the republicans are the fiscally "responsible" party...

11.25.2007 9:02pm

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Surly Dave (mail) (www):

And to thin, 7 years ago it was a 5 trillion dollar SURPLUS. That's a turn-around of, what, 14 trillion? And the GOP has been in complete control of the pursestrings for all but 11 months of those 7 years. I'm glad the republicans are the fiscally "responsible" party...

***yawn***

Sure, their spending money on the war. The party of the wealthy (Democrats) would have spent as much on 'social programs' or cost us as much with their spread the wealth taxation and save the planet from global warming initiatives.

Quite honestly, I don't believe anyone who wants to be in power has the public good in their best interest.

The best place for my money is in my pocket, not in the government tills being spent by any elected official.

11.25.2007 9:52pm

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Bike Bubba (mail) (www):

David, that's baloney. There were "form surpluses" back in the 1990s, but when proper accounting standards (GAAP) are used, our country hasn't run a surplus since the 1950s. Even the post optimistic (lying) estimates produced only calculated annual surpluses of around 100-200 billion dollars--nowhere near trillions.

Suggest you get some new sources for your information. Your current ones are a little weak on the facts.

12.3.2007 5:54pm

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Surly Dave

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Surly by nature, Saved by grace

Clearly illustrating a Christian's simultaneous saint/sinner nature while on this earth.

The views and opinions expressed here are my views and opinions, and do not necessarily represent the views of any church or religious organization I belong to. This was added because I am part of the team of people (the Pulpit Team) who are committed to discerning and bringing God's word to our church, and someone was worried that others might think I'm speaking for the church. Well, I'm not.

Oh, and while I'm at it, I might as well toss in the 'Copy Write' and 'Creative License' stuff as well: MINE! Do not take with out giving proper credit and linkage.

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Surly by nature, Saved by grace

Clearly illustrating a Christian's simultaneous saint/sinner nature while on this earth.

Oh, and while I'm at it, I might as well toss in the 'Copy Write' and 'Creative License' stuff as well: MINE! Do not take with out giving proper credit and linkage.

That is all.

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