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Old 10-16-2013, 01:20 PM   #86
AustinChief AustinChief is offline
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Quote:
Originally Posted by go bowe View Post
when talking about default in your context default is a clearly defined term, clearly...

but when other people, generally democrats, talk about it their context is the economy can't absorb a shock worse than the financial meltdown that led to the great recession before we had even reached the default deadline...

in that context, default is anything that smells like we won't pay our bills on time, just as race card set out...

i don't see what's dishonest about holding a different view...
Ah, FOR HIM it's dishonest because he works in finance and the term(unless otherwise specified) has this specific meaning. That is why it is particularly onerous coming from him.

There is another issue that makes it dishonest as well... you can't STRETCH the term default to mean "not paying for anything I want to pay for." THat is what he is trying to do. You could possibly stretch it to mean all OBLIGATED payments (also a DEFINED term) but we have enough revenue to cover all of those as well. Social Security is a good example of an obligated payment. On the other hand, paying to keep the FDA running is NOT an obligated payment.

So if he wants to use default to cover all obligated payments (he really should specify that but owell) he would still be wrong.
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