Or, to put it into a more non-dramatic perspective, $15 trillion is only slightly more than the $14.5 trillion GDP of the USA in 2010. Sorry to...
Unfortunately, it's clear what would happen. Look at the CBO here, it's non-partisan and issues budgetary accounting measurements of proposed...
The size of the SBA dollar was too close to a quarter, it confused people. The color of the presidential dollar coins leads people to call them...
Dept of Education: $69.9 billion (also: you got rid of federal student aid) = 1.8% of budget Dept of Ag: $132.3 billion (congrats, you just killed...
Cuba just very recently, like in a couple of weeks ago, started allowing private property and businesses. There's not much comparison. I wrote a...
reductio ad absurdum. That wasn't "my reasoning". My reasoning is, if people have a hard enough time accepting a dollar coin, how is it not a...
"Eliminate social security and medicare" is not a realistic endeavor. They are extremely popular and beneficial programs for the population. If...
http://www.usgovernmentdebt.us/spending_chart_1940_2016USp_13s1li111mcn_H0f Gross federal debt-to-GDP is around 100%. Net deb-to-GDP is less of...
Sorry, that's the only right way to compare historical debt measurements. The highest debt-gdp ratio was during WWII, where it reached 120% of...
The nominal amount of debt is meaningless in historical comparisons, what's actually useful is percentage of GDP.
It's a shame that some political party has over-abused the filibuster (actually just the threat of a filibuster) to the point where it has...
obligatory: They may take our dollar bills, but they'll never take ... our FREEDOM (from jangly pockets)
I think dollar bill versus coin discussions should be done only through Braveheart quotes.
No, big city. Maybe I haven't noticed, but I don't see them. I do see a huge number of machines that accept debit/credit cards, however.
"split hairs and decimal points can make a surprising difference"
How so? http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield Even during the debt ceiling...
I see no reports of them selling any notes for the gold. They have plenty of money to buy both for diversification.
That's some assumption. Firstly, you're referring to income tax, since all those people (even those too poor to pay income tax) pay sales tax, gas...
Apparently, some think the answer to that question is is "doing away with Social Security and Medicare".
I've seen maybe one non-post office vending machine that took $1 coins.
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