How much do WE owe?

[Person012345]

The gubbermint promises made to fund fantasyland health care and fantasyland social security is $100,000,000,000,000. The actual deficit right now is $16,000,000,000,000,000. Try to hang your hat on either one as anything but criminal and generational theft is an epic fail.

The deficit is not $16 trillion. The deficit is not anywhere close to $16 trillion. The debt is $16 trillion. Please learn the difference.

He wrote 16 quadrillion.

He appears to not be so good at this numbers thing.

Edit: Ah, ninja'd

[Obamacult]

Note : he didn't say 16 trillion there... I see 5 sets of zeros, thus 16 quadrillion...

Oh for fuck's sake…

Whats a few zero's among friends, cut me some slack bros, $100,000,000,000,000 is not enuff for you.

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

[Person012345]

Oh for fuck's sake…

Whats a few zero's among friends, cut me some slack bros, $100,000,000,000,000 is not enuff for you.

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

$100,000,000,000,000 = 100 trillion
$16,000,000,000,000 = 16 trillion

$16,000,000,000,000,000 (as you wrote before) = 16 quadrillion.

[Esternial]

Oh for fuck's sake…

Whats a few zero's among friends, cut me some slack bros, $100,000,000,000,000 is not enuff for you.

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

Why don't you take a moment to listen to us? I mentioned something about nicknames and such.

You're telling us we're drinking kool-aid while you're doing the same. Hypocrite.

Now lay off with the attitude, please. It's getting one people's nerves. I've tried to take your posts with a decent amount of seriousness in mind, and I've put myself open to your opinion, but you yourself have shut that door close.

[Person012345]

You know, I read that obama put us in eleventy infinity squillion dollars of debt. And I don't even live in the US. True facts.

[Wikkiwallana]

Oh for fuck's sake…

Whats a few zero's among friends, cut me some slack bros, $100,000,000,000,000 is not enuff for you.

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

You didn't.

[Wikkiwallana]

You know, I read that obama put us in eleventy infinity squillion dollars of debt. And I don't even live in the US. True facts.

That's what you get for being a dirty foreigner to stupid to be born into the greatest country on earth.

[Obamacult]

Someone posted that social security and health care are different funding streams, I really don't know what stream that dude is drinking from but the federal government spends and borrows over 40% of its current spending on social security and health care. It comes from taxes, China, dumb people that buy long term Treasury and really just printing money with a keystroke or ink. But this hooey that we aren't taxing people for this social security and heatlh care today is just not right.



I know, I know, your thinking another rightwing capitalist source, yeah, the Center for Budget and Policy Priorities was a bigtime Romney bundler, NOT, but that is all I got.

As for unfunded liabilities, or more accurately promises made by Big Brotha that we are paying taxes for today on stuff that we won't get, here is one source.

http://www.usdebtclock.org/

There are others that I have seen ranging from $50 trillion to over $200 trillion, but like everything else Big Brotha estimates, we can usually count on the costs being higher.

[Frisivisia]

Someone posted that social security and health care are different funding streams, I really don't know what stream that dude is drinking from but the federal government spends and borrows over 40% of its current spending on social security and health care. It comes from taxes, China, dumb people that buy long term Treasury and really just printing money with a keystroke or ink. But this hooey that we aren't taxing people for this social security and heatlh care today is just not right.

(Image)

I know, I know, your thinking another rightwing capitalist source, yeah, the Center for Budget and Policy Priorities was a bigtime Romney bundler, NOT, but that is all I got.

As for unfunded liabilities, or more accurately promises made by Big Brotha that we are paying taxes for today on stuff that we won't get, here is one source.

http://www.usdebtclock.org/

There are others that I have seen ranging from $50 trillion to over $200 trillion, but like everything else Big Brotha estimates, we can usually count on the costs being higher.

Also, remember that the whole graph would be smaller if taxes were raised.

[Typhlochactas]

We owe 16 quadrilllion dollars.

Source: Dr. Obamacult, 2012

[Vetalia]

Also, remember that the whole graph would be smaller if taxes were raised.

And cut spending. I'd rather do that than raise taxes, although a combination of both are necessary to rein in our debt.

[Person012345]

We owe 16 quadrilllion dollars.

Source: Dr. Obamacult, 2012

no, no, that's the defecit. The debt increases by that much every year. You need to read more stuff by the Dr. because you're obviously totally ignorant right now.

[Typhlochactas]

We owe 16 quadrilllion dollars.

Source: Dr. Obamacult, 2012

no, no, that's the defecit. The debt increases by that much every year. You need to read more stuff by the Dr. because you're obviously totally ignorant right now.

Oh yeah, well you clearly haven't read this made-up, bullshitific, and nonsensical statistic that I have read from the good doctor. It would completely show that you're the ignorant one, buster.

[Obamacult]

Whats a few zero's among friends, cut me some slack bros, $100,000,000,000,000 is not enuff for you.

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

Why don't you take a moment to listen to us? I mentioned something about nicknames and such.

You're telling us we're drinking kool-aid while you're doing the same. Hypocrite.

Now lay off with the attitude, please. It's getting one people's nerves. I've tried to take your posts with a decent amount of seriousness in mind, and I've put myself open to your opinion, but you yourself have shut that door close.

Maybe this will open the door: $100 trillion in unfunded debt, $16 trillion deficit. If we extrapolate these numbers into a normal household it would be like a family making $55,000 a year and owing over $55,000 in debt that they are force to pay back a portion each month with interest. Now please tell me how that doesn't suck big time ass? On the $100 trillion unfunded debt, it is analogous to my Uncle Jimbo who makes less than $40,000 a year borrowing a few million from his bookie, betting the money on the Cubs to win the World Series in 2012 and you do the math. But Jimbo is lucky, he just gets every bone in his body broken. We won't be that lucky. But I can see that when you bring truth to power to a socialism party you get ridiculed for trying to bring awareness about some sorry shit that is going to screw up our future because some dudes in Washington want to send their kids to private schools . So I won't waste my time anymore, it was more illuminating than fun.

BTW, in answer to the poll question, we owe a shit load that we don't have and don't have the deep pockets to ever get. The mean is prolly around $75 trillion, and the range is nuthin' to $250 trillion. The low end of the mean is from some dudes who say that weird crap that we owe it to ourselves, or we can just print more money, or we can raise taxes, stuff like that from dudes who have prolly taken enough ECO classes to be really dangerous with predictions.

Just sayin' , not hatin'

[Uiiop]

Why don't you take a moment to listen to us? I mentioned something about nicknames and such.

You're telling us we're drinking kool-aid while you're doing the same. Hypocrite.

Now lay off with the attitude, please. It's getting one people's nerves. I've tried to take your posts with a decent amount of seriousness in mind, and I've put myself open to your opinion, but you yourself have shut that door close.

Maybe this will open the door: $100 trillion in unfunded debt, $16 trillion deficit. If we extrapolate these numbers into a normal household it would be like a family making $55,000 a year and owing over $55,000 in debt that they are force to pay back a portion each month with interest. Now please tell me how that doesn't suck big time ass? On the $100 trillion unfunded debt, it is analogous to my Uncle Jimbo who makes less than $40,000 a year borrowing a few million from his bookie, betting the money on the Cubs to win the World Series in 2012 and you do the math. But Jimbo is lucky, he just gets every bone in his body broken. We won't be that lucky. But I can see that when you bring truth to power to a socialism party you get ridiculed for trying to bring awareness about some sorry shit that is going to screw up our future because some dudes in Washington want to send their kids to private schools . So I won't waste my time anymore, it was more illuminating than fun.

BTW, in answer to the poll question, we owe a shit load that we don't have and don't have the deep pockets to ever get. The mean is prolly around $75 trillion, and the range is nuthin' to $250 trillion. The low end of the mean is from some dudes who say that weird crap that we owe it to ourselves, or we can just print more money, or we can raise taxes, stuff like that from dudes who have prolly taken enough ECO classes to be really dangerous with predictions.

Just sayin' , not hatin'

http://en.wikipedia.org/wiki/Ad_nauseam Ugh you're not here to debate anything aren't you?

[Obamacult]

no, no, that's the defecit. The debt increases by that much every year. You need to read more stuff by the Dr. because you're obviously totally ignorant right now.

Oh yeah, well you clearly haven't read this made-up, bullshitific, and nonsensical statistic that I have read from the good doctor. It would completely show that you're the ignorant one, buster.

Try getting 100 trillion right every time you put it down, I got it wrong one time and now this is the whole enchilada that you guys use to discredit the substance of what I have proposed. Typical and not surprising that this triviality is what ya all are going to hang your hat on while your beloved Big Brother is spending your future away, albeit pot hole free. It won't matter how clean and true the roads are when you can't afford a car to drive on your pristine roads because every respectable employer has left the country because of incredibly destructive tax rates and regulations.

But go ahead, I put some zeros in the wrong place on a single post, hang your hat on that, and you might find a few other opportunities to divert attention away from your government spending your future away paying for things that won't be around or we no longer have the money to maintain when we are middle aged.

[Esternial]

Why don't you take a moment to listen to us? I mentioned something about nicknames and such.

You're telling us we're drinking kool-aid while you're doing the same. Hypocrite.

Now lay off with the attitude, please. It's getting one people's nerves. I've tried to take your posts with a decent amount of seriousness in mind, and I've put myself open to your opinion, but you yourself have shut that door close.

Maybe this will open the door: $100 trillion in unfunded debt, $16 trillion deficit. If we extrapolate these numbers into a normal household it would be like a family making $55,000 a year and owing over $55,000 in debt that they are force to pay back a portion each month with interest. Now please tell me how that doesn't suck big time ass? On the $100 trillion unfunded debt, it is analogous to my Uncle Jimbo who makes less than $40,000 a year borrowing a few million from his bookie, betting the money on the Cubs to win the World Series in 2012 and you do the math. But Jimbo is lucky, he just gets every bone in his body broken. We won't be that lucky. But I can see that when you bring truth to power to a socialism party you get ridiculed for trying to bring awareness about some sorry shit that is going to screw up our future because some dudes in Washington want to send their kids to private schools . So I won't waste my time anymore, it was more illuminating than fun.

BTW, in answer to the poll question, we owe a shit load that we don't have and don't have the deep pockets to ever get. The mean is prolly around $75 trillion, and the range is nuthin' to $250 trillion. The low end of the mean is from some dudes who say that weird crap that we owe it to ourselves, or we can just print more money, or we can raise taxes, stuff like that from dudes who have prolly taken enough ECO classes to be really dangerous with predictions.

Just sayin' , not hatin'

See the part in bold? Explain that please.

I know it sucks. My country has a 50% tax rate, how do you like that?

[Typhlochactas]

Oh yeah, well you clearly haven't read this made-up, bullshitific, and nonsensical statistic that I have read from the good doctor. It would completely show that you're the ignorant one, buster.

Try getting 100 trillion right every time you put it down, I got it wrong one time and now this is the whole enchilada that you guys use to discredit the substance of what I have proposed. Typical and not surprising that this triviality is what ya all are going to hang your hat on while your beloved Big Brother is spending your future away, albeit pot hole free. It won't matter how clean and true the roads are when you can't afford a car to drive on your pristine roads because every respectable employer has left the country because of incredibly destructive tax rates and regulations.

But go ahead, I put some zeros in the wrong place on a single post, hang your hat on that, and you might find a few other opportunities to divert attention away from your government spending your future away paying for things that won't be around or we no longer have the money to maintain when we are middle aged.

Blabity bla bla bla.

You said the deficit was 16 quadrillion. The deficit is actually much less than that. Even if you misplaced a zero, it does not matter. Taking away the extra 0's would mean that your post would say 'The deficit is 16 trillion', which is still wildly inaccurate. You think unfunded liabilities are part of the national debt. You throw around massive political cliches in every post. I have no reason to take your arguments seriously.

Furthermore, your mistakes are far more common than you would act like. Ladies and gentlemen of the NSG jury, exhibit A:

Because we are in debt up to $100,000,000,000,000 and I am pissed and worried about that. And the people that are drinking cool aid are either english majors who can't add or math majors who can't read. I mean, that $100 trillion is some serious crap that is going to be dumped in our backyards. Right.

The national debt is actually 16 trillion.

Exhibit B:

Okie dokie, when Big Ears took over from Big Dummy the deficit was $10 trillion. Today it is $16 trillion. 16-10=6. Unless, you drink kool aid and then you get tons of graphs and excuses and 'we didn't know it was that bad' and more poverty and more food stamps and more welfare and more gridlock.

The deficit was 1.2 trillion dollars when Obama took office. It is hundreds of billions now.

Exhibit C:

The gubbermint promises made to fund fantasyland health care and fantasyland social security is $100,000,000,000,000. The actual deficit right now is $16,000,000,000,000,000. Try to hang your hat on either one as anything but criminal and generational theft is an epic fail.

Nope.

Exhibit D:

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

Exhibit E:

Maybe this will open the door: $100 trillion in unfunded debt, $16 trillion deficit. If we extrapolate these numbers into a normal household it would be like a family making $55,000 a year and owing over $55,000 in debt that they are force to pay back a portion each month with interest. Now please tell me how that doesn't suck big time ass? On the $100 trillion unfunded debt, it is analogous to my Uncle Jimbo who makes less than $40,000 a year borrowing a few million from his bookie, betting the money on the Cubs to win the World Series in 2012 and you do the math. But Jimbo is lucky, he just gets every bone in his body broken. We won't be that lucky. But I can see that when you bring truth to power to a socialism party you get ridiculed for trying to bring awareness about some sorry shit that is going to screw up our future because some dudes in Washington want to send their kids to private schools . So I won't waste my time anymore, it was more illuminating than fun.

BTW, in answer to the poll question, we owe a shit load that we don't have and don't have the deep pockets to ever get. The mean is prolly around $75 trillion, and the range is nuthin' to $250 trillion. The low end of the mean is from some dudes who say that weird crap that we owe it to ourselves, or we can just print more money, or we can raise taxes, stuff like that from dudes who have prolly taken enough ECO classes to be really dangerous with predictions.

Just sayin' , not hatin'

I rest my case.

[Esternial]

Try getting 100 trillion right every time you put it down, I got it wrong one time and now this is the whole enchilada that you guys use to discredit the substance of what I have proposed. Typical and not surprising that this triviality is what ya all are going to hang your hat on while your beloved Big Brother is spending your future away, albeit pot hole free. It won't matter how clean and true the roads are when you can't afford a car to drive on your pristine roads because every respectable employer has left the country because of incredibly destructive tax rates and regulations.

But go ahead, I put some zeros in the wrong place on a single post, hang your hat on that, and you might find a few other opportunities to divert attention away from your government spending your future away paying for things that won't be around or we no longer have the money to maintain when we are middle aged.

Blabity bla bla bla.

You said the deficit was 16 quadrillion. The deficit is actually much less than that. Even if you misplaced a zero, it does not matter. Taking away the extra 0's would mean that your post would say 'The deficit is 16 trillion', which is still wildly inaccurate. You think unfunded liabilities are part of the national debt. You throw around massive political cliches in every post. I have no reason to take your arguments seriously.

Furthermore, your mistakes are far more common than you would act like. Ladies and gentlemen of the NSG jury, exhibit A:

Because we are in debt up to $100,000,000,000,000 and I am pissed and worried about that. And the people that are drinking cool aid are either english majors who can't add or math majors who can't read. I mean, that $100 trillion is some serious crap that is going to be dumped in our backyards. Right.

The national debt is actually 16 trillion.

Exhibit B:

Okie dokie, when Big Ears took over from Big Dummy the deficit was $10 trillion. Today it is $16 trillion. 16-10=6. Unless, you drink kool aid and then you get tons of graphs and excuses and 'we didn't know it was that bad' and more poverty and more food stamps and more welfare and more gridlock.

The deficit was 1.2 trillion dollars when Obama took office. It is hundreds of billions now.

Exhibit C:

The gubbermint promises made to fund fantasyland health care and fantasyland social security is $100,000,000,000,000. The actual deficit right now is $16,000,000,000,000,000. Try to hang your hat on either one as anything but criminal and generational theft is an epic fail.

Nope.

Exhibit D:

What a minute, 5 sets of zeros is a hundred trillion! Who's the English major who can't add now ? LOL No matter the deficit is $16,000,000,000,000 and the unfunded debt is $100,000,000,000,000. I am pretty damn sure I got that right. But it don't matter, like my bad grammar don't matter, it means we all take a big bite outta a shit sandwich someday, courtesy of your boy Big Brotha.

Exhibit E:

Maybe this will open the door: $100 trillion in unfunded debt, $16 trillion deficit. If we extrapolate these numbers into a normal household it would be like a family making $55,000 a year and owing over $55,000 in debt that they are force to pay back a portion each month with interest. Now please tell me how that doesn't suck big time ass? On the $100 trillion unfunded debt, it is analogous to my Uncle Jimbo who makes less than $40,000 a year borrowing a few million from his bookie, betting the money on the Cubs to win the World Series in 2012 and you do the math. But Jimbo is lucky, he just gets every bone in his body broken. We won't be that lucky. But I can see that when you bring truth to power to a socialism party you get ridiculed for trying to bring awareness about some sorry shit that is going to screw up our future because some dudes in Washington want to send their kids to private schools . So I won't waste my time anymore, it was more illuminating than fun.

BTW, in answer to the poll question, we owe a shit load that we don't have and don't have the deep pockets to ever get. The mean is prolly around $75 trillion, and the range is nuthin' to $250 trillion. The low end of the mean is from some dudes who say that weird crap that we owe it to ourselves, or we can just print more money, or we can raise taxes, stuff like that from dudes who have prolly taken enough ECO classes to be really dangerous with predictions.

Just sayin' , not hatin'

I rest my case.

It's like playing a tape recorder over and over again.

[Sociobiology]

net or gross?

[Tmutarakhan]

Someone posted that social security and health care are different funding streams, I really don't know what stream that dude is drinking from

It's called "reality", wish you could join us.

but the federal government spends and borrows over 40% of its current spending on social security and health care.

No, the Social Security and Medicare spending comes out of the payroll taxes and premium payments dedicated to those purposes, which are currently in surplus (supplying more money than the expenditures) although this will not always remain the case. The governmental borrowing is for the other parts of the budget, which income tax (and other revenues, but the income tax is the major source) woefully fails to cover thanks to George W. Bush's act of intentional sabotage.

[Tmutarakhan]

Dude, social security and health care are absolutely driving up the debt and deficit as I write.

Dude, that is absolutely false. This has been explained to you before.

Okay now this Clinton thing, did he or did he not put sanctions on Iraq

No, that George H. W. Bush.

you can't blame Dubya for 9/11 dude, that shit was planned and put into operation long before Bush farted in the Oval Office.

Yes I can, dude. Up until Dubya usurped his way into the Oval Office, we were trying to take out Osama, as your own sources acknowledge, and were keeping track of his plans: it was Clinton who brought Richard Clark on board, who was still in counterintelligence in the summer of 2000 when he told Dubya that we were about to be struck inside the United States, and Dubya decided not to do anything about it.

[Typhlochactas]

Okay now this Clinton thing, did he or did he not put sanctions on Iraq (that killed thousands of Iraqi kids)

This is also bullshit. The deaths were caused by Saddam Hussein running his areas humanitarian efforts poorly. The areas in the north, led by the UN and the US, did not have such huge amounts of death.

[Wikkiwallana]

Maybe this will open the door: $100 trillion in unfunded debt, $16 trillion deficit.

The deficit is not $16 trillion. The deficit is not anywhere close to $16 trillion. The debt is $16 trillion. Please learn the difference.

[Patriqvinia]

$0. The politicians can pay their own damn debts.

Which is because they spend money on you.

Ungrateful much?

Lol.

Imagine if everyone was allowed to charge people for favors even if they only happened on paper.