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Conservapedia:Community Portal (view source)
Revision as of 11:14, September 20, 2015
, 11:14, September 20, 2015New section: Federal spending under control??
:I never read that section of the Guidelines because I didn't realize I ''was'' an Administrator. But surely you have better things to do on your Sabbatical than shaming the productive? [[User:VargasMilan|VargasMilan]] ([[User talk:VargasMilan|talk]]) 04:54, 17 September 2015 (EDT)
:I never read that section of the Guidelines because I didn't realize I ''was'' an Administrator. But surely you have better things to do on your Sabbatical than shaming the productive? [[User:VargasMilan|VargasMilan]] ([[User talk:VargasMilan|talk]]) 04:54, 17 September 2015 (EDT)
==Federal spending under control??==
Due to some accounting gimmicks, why yes it seems like it is. Because some spending was delayed until there's a vote on federal debt ceiling in the near future, the U.S. will seem to have only accrued $340 billion in debt, while the GDP is expected to grow by roughly $700 billion this fiscal year (which ends September 30th). And Obama proposed a $500 billion deficit ''next'' year, so the annual debt could be less than annual growth again next year too. Now the kicker response to this fact is going to be, "But from the amount of debt Obama and Congress accrued during the first six years of his administration, at this rate it will take ''n'' more years of the same to reduce the debt-to-GDP proportion to what it was at the beginning." I know now what this number is roughly (based on August figures). It might be a good exercise to go to [[National debt of the United States]] and learn what that number is yourself, in case you happen to hear someone say on September 30 or afterwards that federal spending is back under control or "not as bad as it seems". [[User:VargasMilan|VargasMilan]] ([[User talk:VargasMilan|talk]]) 07:14, 20 September 2015 (EDT)