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General Forums => The O' Club => Topic started by: _Schadenfreude_ on August 27, 2003, 05:51:58 AM

Title: Coherent budget plan anyone?
Post by: _Schadenfreude_ on August 27, 2003, 05:51:58 AM
http://money.cnn.com/2003/08/27/news/economy/imf_deficit.reut/
Title: Coherent budget plan anyone?
Post by: Ripsnort on August 27, 2003, 07:41:16 AM
Thats a shame about Germany.
Title: Coherent budget plan anyone?
Post by: _Schadenfreude_ on August 27, 2003, 09:07:00 AM
Oh well....at least they weren't called incoherent by the experts...never mind have a GI George Doll!

http://news.bbc.co.uk/1/hi/world/americas/3184709.stm
Title: Coherent budget plan anyone?
Post by: _Schadenfreude_ on August 27, 2003, 09:08:46 AM
Mark Morford, a columnist for the San Francisco Chronicle, last week wrote: "There he is, all faux manly and squinty and artificially buffed up, his gull-wing ears toned down and the thin-lipped brow-furrowed monkey confusion so common to his scrunched little face apparently erased."


Better get the lynching party ready too!!
Title: Coherent budget plan anyone?
Post by: Raubvogel on August 27, 2003, 09:22:01 AM
Probably if we got to work collecting all the debts owed to us we wouldn't have a budget deficit this year. Hell, if we stopped all financial aid we'd probably have a decent surplus.
Title: Coherent budget plan anyone?
Post by: lord dolf vader on August 27, 2003, 01:20:30 PM
or if the tooth fairy and easter bunny could convince thos mean ole iraqies we only want to help.

just as likely.  and i dont believe anyone owes us 4 trillion.

ill have to check but im pretty shure.
Title: Coherent budget plan anyone?
Post by: Mickey1992 on August 27, 2003, 01:31:09 PM
There will come a time when the US budget problem will get so large, that we will be unable to sell our debt to generate financing.  That's when we will all be screwed.
Title: Coherent budget plan anyone?
Post by: Krusher on August 27, 2003, 02:47:24 PM
Quote
Originally posted by Mickey1992
There will come a time when the US budget problem will get so large, that we will be unable to sell our debt to generate financing.  That's when we will all be screwed.


maybe, but.... as a percentage of gross domestic product, deficits were larger in the early 1980s and early 1990s then they are now. We should be able to manage this debt just fine.
Title: Coherent budget plan anyone?
Post by: capt. apathy on August 27, 2003, 03:11:24 PM
Quote
maybe, but.... as a percentage of gross domestic product, deficits were larger in the early 1980s and early 1990s then they are now. We should be able to manage this debt just fine.


absolutly, just do what we did in the early 90's and vote bush out
Title: Coherent budget plan anyone?
Post by: _Schadenfreude_ on August 27, 2003, 04:24:27 PM
Quote
Originally posted by capt. apathy
absolutly, just do what we did in the early 90's and vote bush out


One forgets that there was the other one...he was the one saying something about reading lips and taxes? Bit fuzzy on foreign politics and was wondering - was it watch my lips or read my lips?
Title: Coherent budget plan anyone?
Post by: funkedup on August 27, 2003, 04:27:32 PM
Coherent budget plan?  If anything it's a little too coherent.  It's basically "Spend like crazy so we can force the economic cycle to end earlier so we can get re-elected and our term will end before the debt bites us in the ass."
Title: Coherent budget plan anyone?
Post by: Raubvogel on August 27, 2003, 08:07:47 PM
I don't have time to add this all up, but I bet it adds up to a hefty sum:

http://www.clubdeparis.org/en/countries/countries.php?INDICE_DET=30
Title: Coherent budget plan anyone?
Post by: Martlet on August 27, 2003, 09:08:19 PM
Quote
Originally posted by Raubvogel
I don't have time to add this all up, but I bet it adds up to a hefty sum:

http://www.clubdeparis.org/en/countries/countries.php?INDICE_DET=30


HA.  Owned.
Title: Coherent budget plan anyone?
Post by: _Schadenfreude_ on August 28, 2003, 03:27:54 AM
Quote
Originally posted by Raubvogel
I don't have time to add this all up, but I bet it adds up to a hefty sum:

http://www.clubdeparis.org/en/countries/countries.php?INDICE_DET=30


Pity that USA is not the only creditor though.......

http://www.clubdeparis.org/en/presentation/presentation.php?BATCH=B01WP03