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calebjones1234
BANNED
95 Posts |
 Posted - 10/04/2008 : 04:15:11 [Permalink]
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Originally posted by Dave W.
Originally posted by calebjones1234
...look at the results from the last two 8 year terms. Find the distinct difference. |
Clinton generated a budget surplus, while Bush has emphasized spending-spending-spending.
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They changed the accounting during Clinton and counted Social Security on budget.
Nothing changed under Clinton in this insistence outside of an accounting change.
People fell for it, even today!!!
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| Edited by - calebjones1234 on 10/04/2008 04:16:42 |
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Dr. Mabuse
Septic Fiend
Sweden
9688 Posts |
Posted - 10/04/2008 : 05:36:03 [Permalink]
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Originally posted by calebjones1234
Originally posted by Dave W.
Originally posted by calebjones1234
...look at the results from the last two 8 year terms. Find the distinct difference. |
Clinton generated a budget surplus, while Bush has emphasized spending-spending-spending.
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They changed the accounting during Clinton and counted Social Security on budget.
Nothing changed under Clinton in this insistence outside of an accounting change.
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Sources please...
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Dr. Mabuse - "When the going gets tough, the tough get Duct-tape..."
Dr. Mabuse whisper.mp3
"Equivocation is not just a job, for a creationist it's a way of life..." Dr. Mabuse
Support American Troops in Iraq:
Send them unarmed civilians for target practice..
Collateralmurder. |
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Cuneiformist
The Imperfectionist
USA
4955 Posts |
Posted - 10/04/2008 : 09:24:16 [Permalink]
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Originally posted by Dr. Mabuse
Originally posted by calebjones1234
Originally posted by Dave W.
Originally posted by calebjones1234
...look at the results from the last two 8 year terms. Find the distinct difference. |
Clinton generated a budget surplus, while Bush has emphasized spending-spending-spending.
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They changed the accounting during Clinton and counted Social Security on budget.
Nothing changed under Clinton in this insistence outside of an accounting change.
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Sources please... |
Here, Mab. Not surprisingly, calebjones1234 is a liar:| Other readers have noted a USA Today story stating that, under an alternative type of accounting, the final four years of the Clinton administration taken together would have shown a deficit. This is based on an annual document called the "Financial Report of the U.S. Government," which reports what the governments books would look like if kept on an accrual basis like those of most corporations, rather than the cash basis that the government has always used. The principal difference is that under accrual accounting the government would book immediately the costs of promises made to pay future benefits to government workers and Social Security and Medicare beneficiaries. But even under accrual accounting, the annual reports showed surpluses of $69.2 billion in fiscal 1998, $76.9 billion in fiscal 1999, and $46 billion for fiscal year 2000. So even if the government had been using that form of accounting the deficit would have been erased for those three years. |
Edit: It would go a long way here if you actually just said: Oops, I was wrong about that. Sorry.
As it is, I don't think you will. But it would be nice. |
| Edited by - Cuneiformist on 10/04/2008 09:38:09 |
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Simon
SFN Regular
USA
1992 Posts |
Posted - 10/04/2008 : 09:59:05 [Permalink]
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| What, Sarah? You want to walk through those empty auto plants with the manufacturers, not with unemployed "Joe Six-Pack" (with whom you, with such offensive condescension, identified yourself on Thursday)??? |
Maybe Joe six pack does not drink beer and just work out a lot? Nobody ever think about that.
Good little article though. Thanks Moon. |
Look again at that dot. That's here. That's home. That's us. On it everyone you love, everyone you know, everyone you ever heard of, every human being who ever was, lived out their lives. The aggregate of our joy and suffering, thousands of confident religions, ideologies, and economic doctrines, every hunter and forager, every hero and coward, every creator and destroyer of civilization, every king and peasant, every young couple in love, every mother and father, hopeful child, inventor and explorer, every teacher of morals, every corrupt politician, every "superstar," every "supreme leader," every saint and sinner in the history of our species lived there – on a mote of dust suspended in a sunbeam.
Carl Sagan - 1996 |
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calebjones1234
BANNED
95 Posts |
 Posted - 10/04/2008 : 21:11:22 [Permalink]
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Originally posted by Cuneiformist
Originally posted by Dr. Mabuse
Originally posted by calebjones1234
Originally posted by Dave W.
Originally posted by calebjones1234
...look at the results from the last two 8 year terms. Find the distinct difference. |
Clinton generated a budget surplus, while Bush has emphasized spending-spending-spending.
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They changed the accounting during Clinton and counted Social Security on budget.
Nothing changed under Clinton in this insistence outside of an accounting change.
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Sources please... |
Here, Mab. Not surprisingly, calebjones1234 is a liar:| Other readers have noted a USA Today story stating that, under an alternative type of accounting, the final four years of the Clinton administration taken together would have shown a deficit. This is based on an annual document called the "Financial Report of the U.S. Government," which reports what the governments books would look like if kept on an accrual basis like those of most corporations, rather than the cash basis that the government has always used. The principal difference is that under accrual accounting the government would book immediately the costs of promises made to pay future benefits to government workers and Social Security and Medicare beneficiaries. But even under accrual accounting, the annual reports showed surpluses of $69.2 billion in fiscal 1998, $76.9 billion in fiscal 1999, and $46 billion for fiscal year 2000. So even if the government had been using that form of accounting the deficit would have been erased for those three years. |
Edit: It would go a long way here if you actually just said: Oops, I was wrong about that. Sorry.
As it is, I don't think you will. But it would be nice.
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From your link!!!!
| Clinton's large budget surpluses also owe much to the Social Security tax on payrolls. Social Security taxes now bring in more than the cost of current benefits, and the "Social Security surplus" makes the total deficit or surplus figures look better than they would if Social Security wasn't counted. |
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| Edited by - calebjones1234 on 10/04/2008 21:13:56 |
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Kil
Evil Skeptic
USA
13477 Posts |
Posted - 10/04/2008 : 22:10:03 [Permalink]
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From source:
But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while. |
calebjones1234, you claimed that the balanced budget was due primarily to a change in accounting. Clearly you are wrong. That you still insist that you were correct just makes you a bigger liar. You're also a piss poor debater, by the way...
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Uncertainty may make you uncomfortable. Certainty makes you ridiculous.
Why not question something for a change?
Genetic Literacy Project |
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calebjones1234
BANNED
95 Posts |
Posted - 10/05/2008 : 06:26:15 [Permalink]
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Originally posted by Kil
From source:
But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while. |
calebjones1234, you claimed that the balanced budget was due primarily to a change in accounting. Clearly you are wrong. That you still insist that you were correct just makes you a bigger liar. You're also a piss poor debater, by the way...
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No I am not, you are just too stupid to understand what is extremely clear.
Sorry that your parents did not pass on to you the smart genes.
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Cuneiformist
The Imperfectionist
USA
4955 Posts |
Posted - 10/05/2008 : 12:25:45 [Permalink]
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Originally posted by calebjones1234
From your link!!!!
[quote]Clinton's large budget surpluses also owe much to the Social Security tax on payrolls. Social Security taxes now bring in more than the cost of current benefits, and the "Social Security surplus" makes the total deficit or surplus figures look better than they would if Social Security wasn't counted.[/quote |
Are you kidding?
In this exchange, you suggest that Clinton's budget surplus was a fiction due entirely to a different accounting method. But the link CLEARLY STATED: So even if the government had been using that form of accounting the deficit would have been erased for those three years. In other words, Dave was correct. Clinton had a surplus. Bush does not.
It's right there. How you missed it is unclear. Unless you're just a dishonest little punk.
Which is probably why you were banned.
Have fun finding some other site to troll!!!  |
| Edited by - Cuneiformist on 10/05/2008 12:32:55 |
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filthy
SFN Die Hard
USA
14408 Posts |
Posted - 10/05/2008 : 12:54:51 [Permalink]
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Hmm. Gone, huh? That's a shame; I was hoping he'd go ad hominem on me again. I'd an excellent and easily modified to the situation reply ready to hand. Perhaps he suspected that and wanted to protect the children.
*Sigh*  , they just don't make trolls with any staying power these days. Most of them can't seem to troll without a semi-literate stupidity to rattle them along -- I wonder why that is..... 
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"What luck for rulers that men do not think." -- Adolf Hitler (1889 - 1945)
"If only we could impeach on the basis of criminal stupidity, 90% of the Rethuglicans and half of the Democrats would be thrown out of office." ~~ P.Z. Myres
"The default position of human nature is to punch the other guy in the face and take his stuff." ~~ Dude
Brother Boot Knife of Warm Humanitarianism,
and Crypto-Communist! 
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Kil
Evil Skeptic
USA
13477 Posts |
Posted - 10/05/2008 : 13:11:31 [Permalink]
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Originally posted by filthy
Hmm. Gone, huh? That's a shame; I was hoping he'd go ad hominem on me again. I'd an excellent and easily modified to the situation reply ready to hand. Perhaps he suspected that and wanted to protect the children.
*Sigh* , they just don't make trolls with any staying power these days. Most of them can't seem to troll without a semi-literate stupidity to rattle them along -- I wonder why that is.....
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You know, that's true. We used to get higher quality trolls that were often lots of fun. bigbrain for example. Hell, even Jerome had just enough savvy to manage a pretty long run here as trolls go.
I feel for you filthy. Sorry I couldn't have been more accommodating.
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Uncertainty may make you uncomfortable. Certainty makes you ridiculous.
Why not question something for a change?
Genetic Literacy Project |
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Gorgo
SFN Die Hard
USA
5310 Posts |
Posted - 10/06/2008 : 12:09:34 [Permalink]
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Originally posted by Kil
From source:
But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while. |
calebjones1234, you claimed that the balanced budget was due primarily to a change in accounting. Clearly you are wrong. That you still insist that you were correct just makes you a bigger liar. You're also a piss poor debater, by the way...
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What was the reason for it, do you think? What exactly happened? |
I know the rent is in arrears
The dog has not been fed in years
It's even worse than it appears
But it's alright-
Jerry Garcia
Robert Hunter
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Kil
Evil Skeptic
USA
13477 Posts |
Posted - 10/06/2008 : 13:58:21 [Permalink]
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Originally posted by Gorgo
Originally posted by Kil
From source:
But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while. |
calebjones1234, you claimed that the balanced budget was due primarily to a change in accounting. Clearly you are wrong. That you still insist that you were correct just makes you a bigger liar. You're also a piss poor debater, by the way...
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What was the reason for it, do you think? What exactly happened?
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http://www.newslinker.net/news.php?viewStory=919
| The Clinton years showed the effects of a large tax increase that Clinton pushed through in his first year, and that Republicans incorrectly claim is the "largest tax increase in history." It fell almost exclusively on upper-income taxpayers. Clinton's fiscal 1994 budget also contained some spending restraints. An equally if not more powerful influence was the booming economy and huge gains in the stock markets, the so-called dot-com bubble, which brought in hundreds of millions in unanticipated tax revenue from taxes on capital gains and rising salaries. |
But the answer seems to depend on whom you ask. Many things contributed to the balanced budget, including the end of the cold war, a restructuring of welfare during the Clinton administration, ten straight years of economic growth, a reduction in military spending, compromises on spending with the republican congress and on and on. To a large part, and not to take way from what Clinton accomplished, some of it was probably just luck, like the dot-com bubble.
In any case, the Bush administration has presided over the biggest growth in government since the new deal, all the while handing out tax breaks, mostly to the rich. He also went to war with Iraq, which has cost us a bundle. So much for the balanced budget…
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Uncertainty may make you uncomfortable. Certainty makes you ridiculous.
Why not question something for a change?
Genetic Literacy Project |
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Gorgo
SFN Die Hard
USA
5310 Posts |
Posted - 10/06/2008 : 14:33:19 [Permalink]
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| Thanks. One of the many things I always meant to dig into deeper. |
I know the rent is in arrears
The dog has not been fed in years
It's even worse than it appears
But it's alright-
Jerry Garcia
Robert Hunter
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McCain concedes Michigan to Obama!
