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re: Why has Arkansas been electing weak cuckholded Senators and Reps for decades?
Posted on 12/11/15 at 7:12 pm to Killean
Posted on 12/11/15 at 7:12 pm to Killean
Instead of just assuming you're ignorant about how the numbers work, and making fun of you for it, I'll attempt to explain things:
Let us take Murders as an example.
There is an absolute murder value and a relative murder value.
(making these numbers up for an example)
In 1950 in a nation there were 1,000 murders and 10,000,000 people.
That's a murder rate of 10 per 100,000.
In 2000 in that same nation, there were 4,000 murders and 80,000,000 people.
That's a murder rate of 5 per 100,000
Statement A (which is what the debt statement is) is that murders quadrupled in the last 50 years.
The Murder RATE has actually been cut in half. You're much safer despite an increased number of murders.
That's how our Debt and Deficit works. The big number nearly Always goes up. The year over year deficits are more important than the overall debt.
You want the Deficit to be decreasing relative to GDP. Why is this important? If the size of the economy is growing faster than the size of the deficit, then you're actually cutting away at it. The value of that deficit is decreasing relative to the overall value of the economy.
It's related to inflation.. and the key amounts aren't important as absolute.. but typically as relative numbers.
example: The United States has the largest debt in the world. That is a factual statement as far as an absolute. However, we also have the largest economy in the world and relative to our economy, our debt. Our public debt to GDP is lower than most other industrialized nations.
The Obama presidency has our deficit going in the correct direction relative to the GDP. It's a pretty dramatic improvement btw. Those are facts. It might not be popular, it might not fit the rally cry of certain groups.. but it's reality.
As Stephen Colbert said.. Reality has a liberal bias
Let us take Murders as an example.
There is an absolute murder value and a relative murder value.
(making these numbers up for an example)
In 1950 in a nation there were 1,000 murders and 10,000,000 people.
That's a murder rate of 10 per 100,000.
In 2000 in that same nation, there were 4,000 murders and 80,000,000 people.
That's a murder rate of 5 per 100,000
Statement A (which is what the debt statement is) is that murders quadrupled in the last 50 years.
The Murder RATE has actually been cut in half. You're much safer despite an increased number of murders.
That's how our Debt and Deficit works. The big number nearly Always goes up. The year over year deficits are more important than the overall debt.
You want the Deficit to be decreasing relative to GDP. Why is this important? If the size of the economy is growing faster than the size of the deficit, then you're actually cutting away at it. The value of that deficit is decreasing relative to the overall value of the economy.
It's related to inflation.. and the key amounts aren't important as absolute.. but typically as relative numbers.
example: The United States has the largest debt in the world. That is a factual statement as far as an absolute. However, we also have the largest economy in the world and relative to our economy, our debt. Our public debt to GDP is lower than most other industrialized nations.
The Obama presidency has our deficit going in the correct direction relative to the GDP. It's a pretty dramatic improvement btw. Those are facts. It might not be popular, it might not fit the rally cry of certain groups.. but it's reality.
As Stephen Colbert said.. Reality has a liberal bias
Posted on 12/11/15 at 7:20 pm to Killean
So many liberals up in this thread I don't even know what to think. Not saying yall are wrong but i'm amazed.
also frick Tom Cotton.
also frick Tom Cotton.
Posted on 12/11/15 at 8:41 pm to Killean
quote:
Let us take Murders as an example...
Holy shite you brought up murder rates but not interest rates?
Qe unlimited is fricking everything up. You cant bail out banks then give them 0% interest rates.
Yes debt is money but when/if rates go above 5% everything will start to fail.
In case anyone forgot hsbc was busted for laundering money to Mexican drug cartels which "saved the economy"
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