16 total posts
But then again all is not lost .....
Re: national debt
In 2005 the national debt was some 60% of the national income (http://politicalcalculations.blogspot.com/2005/12/picturing-us-national-debt-to-income.html). Let's say it's 80% now. That makes for an income of 50.000 times 4 = 200.000 USD for the Joe average family (Joe, Mary and 2 kids). Not bad! 4% interest on 160.000 debt = USD 6500. That leaves Joe and his family with USD 194.500. Not bad either.
Or am I making some elementary economic mistake?
Oops. Must be 193.500.
My guess is tomorrow there might be a Boom
Seems the economy needs a little 'tuning", so to speak.
Hey, I've done my part. Enjoy!
Iraq oil paid for the Iraqi war... so, sure, let's get...
... people from other countries to pay the rest of the bills too.
I had forgotten
..... that we were told Iraqi oil would be supplying big bucks, as well as to the rebuilding of all that Sadam had let go to pot.
If you "forgot" that,
I'm sure you also forgot ?We are committed to paygo,? Pelosi said at a lunch with reporters. ?I would like to make it the law of the land.?
How can you tell if a politician is lying?
Their lips are moving.
The fallacy is to believe that some of them don't...
Except that some people can only recall some "lies".
Is Free High-Speed Internet included in the debt?
I'm stil trying...
I'm still trying to figure out the math for the income of "the Joe average family". The post that mentioned that seems to try to express family income as a fraction of GDP. I wish my income was one 300 millionth of the GDP.
Then you could get electricity hooked up
in that wilderness cabin?
If I were to move to one, maybe the U.N. would say that I had a "right" to it (grin).
they might give you the
"right to have access to" but they wouldn't give you the "right to"