"basskisser" wrote in message
om...
"John Gaquin" wrote in message
...
"basskisser" wrote in message

On 9 Sep 2004 06:52:53 -0700, (basskisser)
[that's
you]wrote:

"There was NO debt when Bush took over. None, nada, zilch. A
balanced
budget."


In your ignorant mind, THAT is "using the two terms
interchangebly???!!!

OK. Slowly, now. One step at a time. [God, why do I repeatedly do
this?]
Pay attention, now, I'll only do this once.

You (b'asskisser) said, on 9 Sep, "There was NO debt when Bush took
over.
None, nada, zilch. A balanced budget." By these words, I take it that
you
mean that if you balance the budget, you have no debt, because you have
not
spent more than you took in. This is all well and good, except that it
is
wrong. When speaking of a single year budget shortfall, the proper term
is
"deficit". If there is a Billion in spending, but only 900 Million in
revenue, there is a deficit of 100 Million. If your paycheck this month
is
$6000, and your household expenses are $6600, there is a deficit this
month
of $600. If there is a budget deficit, the government must then borrow
money
from other sources to make up this deficit, (just as you do - either
from
savings or from a credit card - because at the end of the day (or year),
the
budget MUST balance, even if they must borrow three or four
hundred-million
in order to effect the balance. This accumulated borrowing over the
years
to cover budget deficits (less any pay offs) comprises the so-called
"national debt".

If you balance your budget, and have not spent more than you took in in
revenue, you have no deficit, no shortfall. You may well still have
debt,
brought forward from prior years, accumulated from borrowing in order to
cover prior year deficits. It is entirely possible to have a balanced
budget AND debt. It is, in practical terms, not possible to have a
budget
deficit and NO debt, as moneys to cover the deficit spending must be
brought
into the treasury through borrowing, before the government can cut a
check
on those funds.

So..... (whew!)...... when you said, on 9 Sep, "There was NO debt when
Bush
took over. None, nada, zilch. A balanced budget.", you were using the
term
"debt" interchangeably with the term "deficit", and doing so
incorrectly.
In point of fact, when W took office there was, I believe, a balanced
budget
in effect for that fiscal year, but substantial national debt remaining
accumulated from prior fiscal years. There was debt, but no current
deficit.

Jesus you're stupid........
After all of that wind-bag bull****, you are still fundamentally
wrong. If you have debt, the budget isn't balanced. You keep for
getting THAT key word, BALANCED......


Then how could you say Clinton had a balanced budget?

"John Gaquin" wrote in message
...

"basskisser" wrote in message

Jesus you're stupid........
After all of that wind-bag bull****, you are still fundamentally
wrong. If you have debt, the budget isn't balanced. You keep for
getting THAT key word, BALANCED......

AAAARRRRGGGGGGHHHHHHHHHH!!!!!!

Are you, by any chance, Jeff Foxworthy's agent?



Nope, he is Jeff's foil. Where is asslickers sign?

"Calif Bill" wrote in message
nk.net...

"basskisser" wrote in message
om...
"John Gaquin" wrote in message
...
"basskisser" wrote in message

On 9 Sep 2004 06:52:53 -0700, (basskisser)
[that's
you]wrote:

"There was NO debt when Bush took over. None, nada, zilch. A
balanced
budget."


In your ignorant mind, THAT is "using the two terms
interchangebly???!!!

OK. Slowly, now. One step at a time. [God, why do I repeatedly do
this?]
Pay attention, now, I'll only do this once.

You (b'asskisser) said, on 9 Sep, "There was NO debt when Bush took
over.
None, nada, zilch. A balanced budget." By these words, I take it
that
you
mean that if you balance the budget, you have no debt, because you
have
not
spent more than you took in. This is all well and good, except that
it
is
wrong. When speaking of a single year budget shortfall, the proper
term
is
"deficit". If there is a Billion in spending, but only 900 Million in
revenue, there is a deficit of 100 Million. If your paycheck this
month
is
$6000, and your household expenses are $6600, there is a deficit this
month
of $600. If there is a budget deficit, the government must then borrow
money
from other sources to make up this deficit, (just as you do - either
from
savings or from a credit card - because at the end of the day (or
year),
the
budget MUST balance, even if they must borrow three or four
hundred-million
in order to effect the balance. This accumulated borrowing over the
years
to cover budget deficits (less any pay offs) comprises the so-called
"national debt".

If you balance your budget, and have not spent more than you took in
in
revenue, you have no deficit, no shortfall. You may well still have
debt,
brought forward from prior years, accumulated from borrowing in order
to
cover prior year deficits. It is entirely possible to have a balanced
budget AND debt. It is, in practical terms, not possible to have a
budget
deficit and NO debt, as moneys to cover the deficit spending must be
brought
into the treasury through borrowing, before the government can cut a
check
on those funds.

So..... (whew!)...... when you said, on 9 Sep, "There was NO debt
when
Bush
took over. None, nada, zilch. A balanced budget.", you were using the
term
"debt" interchangeably with the term "deficit", and doing so
incorrectly.
In point of fact, when W took office there was, I believe, a balanced
budget
in effect for that fiscal year, but substantial national debt
remaining
accumulated from prior fiscal years. There was debt, but no current
deficit.

Jesus you're stupid........
After all of that wind-bag bull****, you are still fundamentally
wrong. If you have debt, the budget isn't balanced. You keep for
getting THAT key word, BALANCED......


Then how could you say Clinton had a balanced budget?

Asslicker is too stupid to realize that all you need is to incorporate debit
service to balance a budget......NOT pay off the entire debt.

He seriously needs help.


LMAO

Well you did say, " "There was NO debt when Bush took over. None, nada,
zilch. A balanced budget." and then you said " If you have debt,
the budget isn't balanced.
You keep for getting THAT key word, BALANCED"

Since you agree you did not make a mistake in your statement, I would be
very interested where you saw that the National Debt when Bush took office
was none, nada, zilch.

According to the US government the National Debt grew each year Clinton was
in office and was in excess of $5.6 trillion when Bush took office.

The table below shows the growth of the National Debt since Clinton took
office.

09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03

Is it possible that you do not understand the difference between the words,
debt and deficit?




"basskisser" wrote in message
om...
"Taco Heaven" wrote in message
news:9_g2d.59837$D%.9892@attbi_s51...
Basskisser,
I am totally lost. Are you saying that when Bush became President, that
there was no National Debt, the fact that the budget was balanced is
proof
that Clinton had eliminated the national debt?

Apparently you ARE lost......you can't seem to comprehend plain
English. Go back and read it again...S L O W L Y, you just may get it!

"Taco Heaven" wrote in message
news:xYl2d.445335$%_6.93194@attbi_s01...
Well you did say, " "There was NO debt when Bush took over. None, nada,
zilch. A balanced budget." and then you said " If you have debt,
the budget isn't balanced.
You keep for getting THAT key word, BALANCED"

Since you agree you did not make a mistake in your statement, I would be
very interested where you saw that the National Debt when Bush took office
was none, nada, zilch.

According to the US government the National Debt grew each year Clinton
was
in office and was in excess of $5.6 trillion when Bush took office.

The table below shows the growth of the National Debt since Clinton took
office.

09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03

Is it possible that you do not understand the difference between the
words,
debt and deficit?

He also is too stupid to to know what 'budget' means




"basskisser" wrote in message
om...
"Taco Heaven" wrote in message
news:9_g2d.59837$D%.9892@attbi_s51...
Basskisser,
I am totally lost. Are you saying that when Bush became President,
that
there was no National Debt, the fact that the budget was balanced is
proof
that Clinton had eliminated the national debt?

Apparently you ARE lost......you can't seem to comprehend plain
English. Go back and read it again...S L O W L Y, you just may get it!

"JohnH" wrote in message
...
On 16 Sep 2004 11:00:05 -0700, (basskisser) wrote:

"Taco Heaven" wrote in message
news:9_g2d.59837$D%.9892@attbi_s51...
Basskisser,
I am totally lost. Are you saying that when Bush became President, that
there was no National Debt, the fact that the budget was balanced is
proof
that Clinton had eliminated the national debt?

Apparently you ARE lost......you can't seem to comprehend plain
English. Go back and read it again...S L O W L Y, you just may get it!

b'asskisser, I am buying my house. I will be in debt to the mortgage
holder for
about another six years. That is the *only* long term (i.e. more than a
month)
debt I have. I make a household budget every year. The payments on the
debt are
part of my budget. At the end of the year, I will break even, have a
surplus, or
have a deficit. If I have a surplus, it means I took in more money than I
had
planned to take in, or I spent less on expenses than I thought I would. If
I
have a deficit, it means I took in less than I expected, or I spent more
than I
thought I would.

Notice that in none of these cases is my *debt* paid off.

Wouldn't it be easier to just admit you made a boo-boo than keep digging
yourself deeper?

John H

On the 'Poco Loco' out of Deale, MD,
on the beautiful Chesapeake Bay!

Not for him....he must be related to Dan Rather...perhaps 1st cousins mated
and had birth to the 2 of them.

" jim--" wrote in message ...
"JohnH" wrote in message
...
On 16 Sep 2004 11:00:05 -0700, (basskisser) wrote:

"Taco Heaven" wrote in message
news:9_g2d.59837$D%.9892@attbi_s51...
Basskisser,
I am totally lost. Are you saying that when Bush became President, that
there was no National Debt, the fact that the budget was balanced is
proof
that Clinton had eliminated the national debt?

Apparently you ARE lost......you can't seem to comprehend plain
English. Go back and read it again...S L O W L Y, you just may get it!

b'asskisser, I am buying my house. I will be in debt to the mortgage
holder for
about another six years. That is the *only* long term (i.e. more than a
month)
debt I have. I make a household budget every year. The payments on the
debt are
part of my budget. At the end of the year, I will break even, have a
surplus, or
have a deficit. If I have a surplus, it means I took in more money than I
had
planned to take in, or I spent less on expenses than I thought I would. If
I
have a deficit, it means I took in less than I expected, or I spent more
than I
thought I would.

Notice that in none of these cases is my *debt* paid off.

Wouldn't it be easier to just admit you made a boo-boo than keep digging
yourself deeper?

John H

On the 'Poco Loco' out of Deale, MD,
on the beautiful Chesapeake Bay!

Not for him....he must be related to Dan Rather...perhaps 1st cousins mated
and had birth to the 2 of them.

NONE of the above cases has ANY similarities to the debt and budget of
the U.S. Only idiots use apples as an analogy when talking about
oranges.

"P.Fritz" wrote in message ...
"Taco Heaven" wrote in message
news:xYl2d.445335$%_6.93194@attbi_s01...
Well you did say, " "There was NO debt when Bush took over. None, nada,
zilch. A balanced budget." and then you said " If you have debt,
the budget isn't balanced.
You keep for getting THAT key word, BALANCED"

Since you agree you did not make a mistake in your statement, I would be
very interested where you saw that the National Debt when Bush took office
was none, nada, zilch.

According to the US government the National Debt grew each year Clinton
was
in office and was in excess of $5.6 trillion when Bush took office.

The table below shows the growth of the National Debt since Clinton took
office.

09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03

Is it possible that you do not understand the difference between the
words,
debt and deficit?

He also is too stupid to to know what 'budget' means

Uh, no...it's just that YOU are too ****ing dumb to know what the word
BALANCED means......

Basskisser,

So was there any debt during Clinton's administration? If not, why does the
US government disagree with you. According to them, the debt increased
every year during the 8 yrs Clinton was in office.

It seems that not only do you goosestep to the democratic line, but you
don't understand the democratic line.



"basskisser" wrote in message
om...
"P.Fritz" wrote in message
...
"Taco Heaven" wrote in message
news:xYl2d.445335$%_6.93194@attbi_s01...
Well you did say, " "There was NO debt when Bush took over. None,
nada,
zilch. A balanced budget." and then you said " If you have
debt,
the budget isn't balanced.
You keep for getting THAT key word, BALANCED"

Since you agree you did not make a mistake in your statement, I would
be
very interested where you saw that the National Debt when Bush took
office
was none, nada, zilch.

According to the US government the National Debt grew each year Clinton
was
in office and was in excess of $5.6 trillion when Bush took office.

The table below shows the growth of the National Debt since Clinton
took
office.

09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03

Is it possible that you do not understand the difference between the
words,
debt and deficit?

He also is too stupid to to know what 'budget' means

Uh, no...it's just that YOU are too ****ing dumb to know what the word
BALANCED means......

So was there any debt during Clinton's administration? If not, why does
the
US government disagree with you. According to them, the debt increased
every year during the 8 yrs Clinton was in office.

It seems that not only do you goosestep to the democratic line, but you
don't understand the democratic line.



"basskisser" wrote in message
om...
"P.Fritz" wrote in message
...
"Taco Heaven" wrote in message
news:xYl2d.445335$%_6.93194@attbi_s01...
Well you did say, " "There was NO debt when Bush took over. None,
nada,
zilch. A balanced budget." and then you said " If you have
debt,
the budget isn't balanced.
You keep for getting THAT key word, BALANCED"

Since you agree you did not make a mistake in your statement, I would
be
very interested where you saw that the National Debt when Bush took
office
was none, nada, zilch.

According to the US government the National Debt grew each year
Clinton
was
in office and was in excess of $5.6 trillion when Bush took office.

The table below shows the growth of the National Debt since Clinton
took
office.

09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03

Is it possible that you do not understand the difference between the
words,
debt and deficit?

He also is too stupid to to know what 'budget' means

Uh, no...it's just that YOU are too ****ing dumb to know what the word
BALANCED means......