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Author: TheDope1 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1960752  
Subject: Re: Pictures.... Date: 1/5/2013 9:46 PM
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Failure. Another dishonest lib lying by withholding context and not addressing the point at hand.

And what is that point, since you failed to address it? Glad you asked: Whether or not a deficit matters has to do with the size of the deficit that particular year relative to GDP and the overall US debt load.

So one more time, for the slower among us:

If national income is $10, debt is $3, (that's 30%), and you run a deficit of 10 cents, BFD.

If on the other hand, national income is $16, debt is $16 (that's 100% if you can't do the division), and you run a deficit of $1, that called "not good". Need me to explain that one, too?

PA needs smarter liberals.
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