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Old 01-21-2013, 09:28 AM   #8
FishingRod FishingRod is offline
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Join Date: Mar 2006
Casino cash: $47518
I think some of you may be having trouble using government numbers and accounting practices because, they don’t exist in the real world for anyone else.

In the Federal Government's world if we spend 1 trillion dollars more than the revenue available in 2011 and then spend 500 billion dollars more than you have in 2012 you have cut the deficit in half. Also when you borrow trillion or so from social security that really doesn’t count either because if and when they pay that back is kinda gray. Likewise If you take an estimated spending increase of $100 billion and only increase it by $95 billion you have cut spending by 5 billion. Have I missed anything important?

To be fair this is not anything new and is why some argued there really wasn't a surpluss under Clinton. Regardless of whichever accounting practices one would chose to use, it is palin to see our speanding is much worse now than it was then.
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