Originally Posted by AustinChief
HAHAHA Nice attempt at again being a complete pussy and dodging the question. You can't be a man and admit you just got served here. Sad.
And no I don't have a cartoonish view of how the Treasury works you moron, I am putting it in simple terms here but please explain to all of your detailed knowledge of it and how it breaks my argument.
Let's break it down for you...
#1 Did the current govt shutdown reduce payments going out of the Treasury? [yes]
#2 Can the US expand the current shutdown without touching obligations such as debt service and Social Security? [Of Course]
#3 Would that be enough (obviously if done before the very last minute when we have a huge 1st of month payment) to cover obligated payments? [yes]
#4 Since you claim this is a "technical" default why is the current govt shutdown not a technical default? [....um.... YOU ArE DUMB! LET'S CHANGE THE SUBJECT!]
That's pretty much game set and match and if you were a man you'd admit it.
The Treasury does not have the money to continue to pay all of it's obligations after November 1st. It has not reduced, restructured, or delayed any payments that are currently due.
Despite our government being "shutdown" there are still people working for the government earning money and being paid. There are invoices and bills coming due for previous periods that are being paid. None of those obligations have been missed yet.
Having people work less so you owe them less wages right now does not constitute a technical default. The Treasury has no obligation to pay people for work they aren't doing (not a labor attorney so I could be technically wrong here). Regardless of that, the government has promised to pay those people for the time they've been off once the shutdown is lifted. So until the government has missed a payment for the wages they have said they will eventually pay them, it isn't a technical default.
I really don't understand why you're so dug in on your "points". You've taken a ridiculous stance and now feel the need to engage in ridiculous semantic games to justify your stance.
You haven't served anyone here and are just making yourself look like an ass to anyone that doesn't share your ridiculously stupid stance.