You're right.. you probably know a great deal more than I do about living in debt.. given that I have been debt free since I was in my mid 30's.
As far as the government debt goes, we are 22T in debt, but our government has made future commitments to the additional 9 trillion, which brings the actual total of US debt to 31.5 trillion.
You do know the difference between "deficit" and "debt" right? No one is even talking about deficit here.Quote:
If you actually knew how our economy ran, you would understand that the deficit doesn’t have as big of an impact as you think it does.
Those two terms are two different things, just an FYI.
I know you really look down on plumbers or anyone else that works for a living.. but there is no such thing as a "plumber degree"Quote:
But I’m sure your plumber degree, and massive amounts of google searches makes you an expert.
I haven't been called a plumber since the last retard did it. That's 2 for 2 now.
I wish I had a dollar for every time the US government said they just need x number of dollars more.. and they would save us so much money in the long run.Quote:
It’s funny how you are crying about paying the IRS $80bln over 10 years, when the main purpose of this money is to close the $600 billion a year tax gap. I repeat $600 billion a year.
If the IRS recovers just 1.5% of that a year, it’ll paid off its 80bln and some. If you think our debt is so out of control, you should be all for this money going to the IRS. This just proves you have no clue what you are talking about.
I'm sure SP knows the difference between deficit and debt too... probably because he's not retarded.Quote:
I’m sure someone like SP who has a financial background, understands.
I expect so little from you.. and you never fail to live up to that.