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<p>[QUOTE="ctrl, post: 1303299, member: 13378"]I was posting to make a point against all the comparisons of how $15 trillion is some kind of impossible number. It's the yearly GDP of the USA. It's too large for sure, but running around like a chicken without a head does not help anything.</p><p> </p><p><br /></p><p><br /></p><p>You're alone on that then. Economists know better. Do the absolute numbers really mean anything when a loaf of bread 100 years ago cost 10c and now it's $2.00, but salaries have increased to the point where the loaf is relatively cheaper as a percentage of salary than 100 years ago? Comparing historical absolute numbers in economic discussions is not usually helpful.</p><p><br /></p><p> </p><p>No one said it wasn't bad. There are steps that can be taken (in most reasonable peoples' opinions that includes revenues). There are very clear reasons for how we went from a budget surplus to a huge deficit in a few years. Unpaid-for wars, huge tax cuts originally intended to return the surplus to people but now have somehow become sacred, out-of-control health care costs and a growing aging population. How people want to fix those things depends on people not being ideologically rigid, but realistic.[/QUOTE]</p><p><br /></p>
[QUOTE="ctrl, post: 1303299, member: 13378"]I was posting to make a point against all the comparisons of how $15 trillion is some kind of impossible number. It's the yearly GDP of the USA. It's too large for sure, but running around like a chicken without a head does not help anything. You're alone on that then. Economists know better. Do the absolute numbers really mean anything when a loaf of bread 100 years ago cost 10c and now it's $2.00, but salaries have increased to the point where the loaf is relatively cheaper as a percentage of salary than 100 years ago? Comparing historical absolute numbers in economic discussions is not usually helpful. No one said it wasn't bad. There are steps that can be taken (in most reasonable peoples' opinions that includes revenues). There are very clear reasons for how we went from a budget surplus to a huge deficit in a few years. Unpaid-for wars, huge tax cuts originally intended to return the surplus to people but now have somehow become sacred, out-of-control health care costs and a growing aging population. How people want to fix those things depends on people not being ideologically rigid, but realistic.[/QUOTE]
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