Original post by 
sh76, 06 Jul '12 16:21
sh76, 06 Jul '12 16:21
11 Jul '12 21:02Originally posted by KazetNagorraI'm sorry, let's go back. How do you define revenue? I've always understood it to mean the gross income of a business, or in this case the government. It doesn't go toward anything until it is allocated. Reducing the deficit for this year wouldn't do anything about the government's accumulated debt.
Any kind of deficit reduction, by definition, goes towards reducing the debt (unless there is a default).- 11 Jul '12 21:04Originally posted by dryhumpObama is working closely with the Clintons. President Clinton did manage to improve the country's economic situation dramatically.
Neither one of them will do one thing to reduce the deficit. The only reason the president wants to raise taxes on the wealthy is to pay off voters. He's not going to put any of that revenue toward our national debt. - 13 Jul '12 20:19Originally posted by AThousandYoungHow did Clinton do that?
Obama is working closely with the Clintons. President Clinton did manage to improve the country's economic situation dramatically.
Oh yeah, he moved to the right and worked with a Republican held House and Senate.
Obama is incapable of moving to the right.
Clinton succeeded because Hillary Care failed. Obama is unwilling to get rid of Obama care. - 14 Jul '12 21:45Originally posted by dryhumpReducing the deficit would reduce the amount of added debt and thus reduce debt.
I'm sorry, let's go back. How do you define revenue? I've always understood it to mean the gross income of a business, or in this case the government. It doesn't go toward anything until it is allocated. Reducing the deficit for this year wouldn't do anything about the government's accumulated debt.
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