Musicmystery -> RE: Should a presidential candidate be required to be a military veteran? (1/10/2012 3:40:35 PM)
|
quote:
ORIGINAL: Raiikun quote:
ORIGINAL: Musicmystery Actually, I'm reporting on what you're doing, not ad hominem at all. Look that your posts. Actually the ad hominem was "You don't think anything." And, my posts were in direct response to you trying to claim that my data didn't exist. I figured maybe it was drilled into your head enough you'd finally get it, and since you've moved on, it looks like it worked. quote:
And how about the inflation point? You don't want to look at the data in that light either, though it's how we'd compare any other costs year to year. But then you go and invent ANOTHER strawman. So, back to reality yet again: Adjusting the national debt for inflation is valid for comparing the debt load of the federal government but it has absolutely nothing to do with whether or not the federal government had a surplus a given year. If you spend more than you take in in a given year, you have a deficit even if your relative debt load went down because of inflation. Explained numerically, let's say you owe $50,000, earn $30,000, and spend $31,000 (debt load=50,000/30,000=167%)--that leaves you with a deficit of $1000 so that the following year you owe $51,000. The next year inflation is 5% so you now earn $31,500 and spend $32,550 with a deficit of $1,050. $31,500 in earnings with a $51,000 debt is a 162% debt load--so your relative debt load went down thanks entirely to inflation but you still had a deficit of $1,050 that year and your debt continued to grow. In fact, you STILL haven't addressed this. You just dance and dance and dance. I didn't deny your data at all--I explained you error. "No! My Chart!" is as far as you've gotten. With a little "I did too!" No, you didn't. So..you make up an inflation example...and want to cry "reality." Reality doesn't need to be invented. We have the data. Tell you what. Let's even use your narrow data. FY . . . .Ending. . . . . Debt . . . . . . . . . .Deficit................adjusted for inflation (2010 dollars) FY1993 09/30/1993 $4.411488 trillion...................................$6.57 trillion FY1994 09/30/1994 $4.692749 trillion $281.26 billion.............$6.81 trillion....$408.35 billion FY1995 09/29/1995 $4.973982 trillion $281.23 billion.............$7.05 trillion....$398.35 billion FY1996 09/30/1996 $5.224810 trillion $250.83 billion.............$7.19 trillion....$344.94 billion FY1997 09/30/1997 $5.413146 trillion $188.34 billion.............$7.32 trillion....$254.67 billion FY1998 09/30/1998 $5.526193 trillion $113.05 billion.............$7.35 trillion....$150.46 billion FY1999 09/30/1999 $5.656270 trillion $130.08 billion.............$7.33 trillion....$168.57 billion FY2000 09/29/2000 $5.674178 trillion $17.91 billion...............$7.11 trillion.... $22.45 billion FY2001 09/28/2001 $5.807463 trillion $133.29 billion ............$7.16 trillion......$164.42 billion http://www.westegg.com/inflation/infl.cgi Now, if you next claim inflation doesn't matter, then this discussion is even dumber than it already appears (insisting on one component of the budget to the exclusion of others--who gets to budget that way???) Not to mention that income matters, and GDP climbed and climbed and climbed.
|
|
|
|