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U.S. Debt now equals total U.S. economy. Now what?

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  • #1

    U.S. Debt now equals total U.S. economy. Now what?

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    http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-economy/
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  • #2
    No one cares. Didn't you know American Idol just started?
    “There will be, in the next generation or so, a pharmacological method of making people love their servitude, and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda or brainwashing, or brainwashing enhanced by pharmacological methods". Aldous Huxley 1962

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    • #3
      US debt is actually about 4.5-5x the size of the economy. Horrible situation, but this isn't exactly breaking news.
      Originally posted by davbrucas
      I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

      Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

      You and slow99 should date. You both have passive aggressiveness down pat.

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      • #4
        Originally posted by mr tinfoil hat View Post
        No one cares. Didn't you know American Idol just started?
        What's sad is, there'll come a day when they care an awful lot. They'll wish they'd never even heard of american idol if only they could make their troubles go away.

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        • #5
          Originally posted by slow99 View Post
          US debt is actually about 4.5-5x the size of the economy. Horrible situation, but this isn't exactly breaking news.
          Unfunded liabilities are a bitch.

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          • #6
            Originally posted by slow99 View Post
            US debt is actually about 4.5-5x the size of the economy. Horrible situation, but this isn't exactly breaking news.
            Right. No one ever factors in unfunded liabilities. If they knew the total, we'd all be LOLing!

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            • #7
              Originally posted by Slowhand View Post
              Unfunded liabilities are a bitch.
              Over $100T, I would imagine.

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              • #8
                Originally posted by Denny View Post
                Over $100T, I would imagine.
                About $60 Trillion, the majority of which is Medicare/Medicaid.
                Originally posted by davbrucas
                I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

                Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

                You and slow99 should date. You both have passive aggressiveness down pat.

                Comment

                • #9
                  I just found it fun to watch the realtime search results for "Obama budget."

                  At first it was all negative, but slowly good articles about the budget are coming out.

                  Like the round about train, for a island that doesn't need one.
                  Access to this page has been denied
                  http://www.khon2.com/content/news/developingstories/story/Obama-includes-Honolulu-rail-project-in-budget/R_iTZLq5oUmle1ZLk9r8-Q.cspx?rss=2433
                  px-captcha

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                  • #10
                    Originally posted by slow99 View Post
                    About $60 Trillion, the majority of which is Medicare/Medicaid.
                    That's still nuts. I can't even begin to argue with people that don't understand that it is an unfillable hole.

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                    • #11
                      Barry's submitted budget adds $12K of debt to every man/woman/child in the country. I'm going nuts...

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