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#27 Sep 29 2006 at 4:52 PM Rating: Good
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gbaji wrote:
sum werdz
I have video cassettes of George W Bush shagging 3 goats, a ghey cheerleader and you.

Guess what's appearing on youtube next week Smiley: sly
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#28 Sep 29 2006 at 4:53 PM Rating: Decent
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Kelvyquayo wrote:
Gbaji, are you suggesting that it is not the governemnt's responsibility to keep the citizens properly informed, even if it means correcting a misconception (from wahtever source) that is CLEARLy being formed about a very important issue?

you are saying that the only reason the people thought that Bush said that there was a connection Iraq/911 was because the Liberal media accused Bush of making the connection, and even though Bush never denied it (if he indeed NEver made a connection, which he has, and still does, even after denying it).


*cough*

In the previous thread (from which the quote in the OP comes), I already linked an interview in which Cheny's first, direct, and very simple answer to the question "Does the administration believe that Iraq was involved in 9/11", was "NO.".

How much clearer can you get? What you've got is a White House providing clear and direct answers and a media that gets its bread and butter by generating suspicions and conspiracies and theorizing about possible things that might be happening that people might want to worry about.

We do have this thing called free speach and free press. It would behoove any intelligent person to recognize that fact and realize that this means that everything you see and hear need not be true.

The only things you can hold the Bush administration to are official statements made by that administration. Everything else is the purview of theory and possibility. It's the media that does that. Not the White House.

It's not the government's responsibility to tell you what to read, watch, or believe. And I honestly don't want to live in a country in which we do make the government responsible for that. It's each individual's responsibility to assign import to what he sees, hears, and reads based on the source of that information. Clearly, if you want to know what the government is saying about Iraq, you really should be looking at the government's press releases and speaches, and not the commentary by some guy with a degree in broadcasting.


That I need to point out this obvious fact is probably the scariest thing about this entire topic. You're essentially complaining because your goverment does not do your thinking for you! Brave New World indeed!
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#29 Sep 29 2006 at 6:21 PM Rating: Good
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no, let's try again


>911 happens.

>people demand blood

>we attack Taliban

>war drum continues to beat

>we attack Iraq under the pretext of national security

>people are allowed to believe that there is a 911 connection

>no WMDs are found

>the pretext of national security is still pushed forward on the public tactfully mixed with the notion of speading democracy

All I am saying is that the government should have made it clear that it was not.


but that's assuming that they didn't do it for reasons that have nothing to do with national security or spreading democracy, but hey, at this point any lie that the public will swallow is good enough , right?

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#30 Sep 29 2006 at 6:41 PM Rating: Excellent
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gbaji wrote:
I'm simply pointing out that Jawbox chose to ignore the ramifications this new calculation caused for Clinton's much vaunted surplusses, while highlighting the negative aspect it implied for Bush's economic platform.
Yeah, I'm not sure if maybe they just don't get the newspapers out there in San Diego but, since you seem behind the times, here's a bit of recent events for you: Clinton isn't the president any longer. Not every critique of Bush needs to be followed by an equal critique of Clinton in order to be valid.

Edited, Sep 29th 2006 at 7:42pm PDT by Jophiel
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#31 Sep 29 2006 at 6:54 PM Rating: Decent
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Kelvyquayo wrote:

>911 happens.

>people demand blood

>we attack Taliban

>war drum continues to beat

>we attack Iraq under the pretext of national security


It would really help your "factual" list if you didn't put presumptive words like "pretext" in there. A pretext is specifically a false reason for doing something to conceal the real reason. The very use of this word assumes that the stated reasons for invading Iraq were mere cover.

We attacked Iraq for these reasons and these reasons along.

You'll note that nowhere in there does it say that Iraq was involved in the 9/11 attacks. For that matter, nowhere in there does it state that Iraq possesses (present tense) weapons of mass destruction. It does talk about Iraq presenting a "continuing threat" to the US though.

The "pretext" you talk about is the strawman created by those opposed to the war. Don't you get it yet? When you stop listening to what people say the government said, and start actually reading what was actually said, you'll realize that it's not your government that's lied to you, but your media.

Quote:
>people are allowed to believe that there is a 911 connection


What should the government have done about that? Supress free speach?

Again. The very fact that you're upset that the government "allowed you to believe" something is super scary. It implies that you believe that it is the government's responsibility to control what the people believe. Am I the only person who sees a gaping problem with this? Something about "freedom" and "rights" and such...

Quote:
>no WMDs are found


See my earlier point. WMDs being physically present in Iraq was not a requirement for war. It was talked about alot, but was not an actual reason for the war. Had you read the actual constitutionally empowered document upon which we went to war, you'd know this. But instead, you watched your local news channel and listened to people tell you why we went to war.

Quote:
>the pretext of national security is still pushed forward on the public tactfully mixed with the notion of speading democracy


Um? It's a "pretext"? Again. You're trying to make an argument by listing a set of "facts", but your facts include assumptions that you haven't yet proven.

Why was "national security" a pretext for invasion of Iraq? Read the document I linked. Is any statement of fact in that document false?

Quote:
All I am saying is that the government should have made it clear that it was not.


Again. What part of "no" when asked about the possibility of Iraq being involved in the 9/11 attacks is unclear? Should the government have hired people to come to your house and give you a personal presentation, complete with slides and charts and diagrams, showing how Iraq was not involved in the planning or execution of the 9/11 attacks?

I'm serious here. How much money and time do you believe that the government must spend to convince you that it only said what it said? I'm sorry, but I think the government's responsibility towards informing you as to its official position on things ends at publishing a press release in which it states its official position on that thing. It's ludicrous to assume that the government must get involved in a PR campaign simply to tell people that they should only take things actually said by the government as actual statements by the government...


Quote:
but that's assuming that they didn't do it for reasons that have nothing to do with national security or spreading democracy, but hey, at this point any lie that the public will swallow is good enough , right?


If by "do it", you mean invade Iraq, I invite you to read the resolution I linked. It says why we went to war. Again. Which of those statements is false?

If you want to know what your government is doing, you should actually look at the actual legistlation and executive orders and judicial cases it issues. If you want to know what someone else wants you to believe about those things, turn on your TV and learn about them that way...

But if you do the latter, then don't complain if that interpretation turns out not to be true. You have only yourself to blame for not going to the source.
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#32 Sep 29 2006 at 6:58 PM Rating: Good
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Gbaji's Link wrote:
Whereas members of al Qaida, an organization bearing responsibility for attacks on the United States, its citizens, and interests, including the attacks that occurred on September 11, 2001, are known to be in Iraq;

Whereas Iraq continues to aid and harbor other international terrorist organizations, including organizations that threaten the lives and safety of American citizens;

Whereas the attacks on the United States of September 11, 2001 underscored the gravity of the threat posed by the acquisition of weapons of mass destruction by international terrorist organizations;




like a bow
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#33 Sep 29 2006 at 7:09 PM Rating: Decent
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Jophiel wrote:
gbaji wrote:
I'm simply pointing out that Jawbox chose to ignore the ramifications this new calculation caused for Clinton's much vaunted surplusses, while highlighting the negative aspect it implied for Bush's economic platform.
Yeah, I'm not sure if maybe they just don't get the newspapers out there in San Diego but, since you seem behind the times, here's a bit of recent events for you: Clinton isn't the president any longer. Not every critique of Bush needs to be followed by an equal critique of Clinton in order to be valid.



Sure. But he's specifically talking about the economy and its performance. That's kinda always going to be a relative subject. If you're going to argue that Bush's economic policies are failing because some new calculation of future expenses in relation to current spending shows a larger deficit then that being reported, you have to *also* contrast that to how those calculations affected previous budget reporting as well.

Otherwise, it's a totally meaningless statement. I could argue that if I assume that ever citizen will live to be 1000 years our social security program is doomed to failure, but that isn't relevant to Bush specifically. That assumption would result in the same conclusion regardless of who was president at the time (at least since SS was created).


See the point I'm making? Our budget reports are done the same way they were done 10 years ago. Thus, the problems that may or may not be being ignored by that reporting methodology exist to the same degree regardless of which presidency you look at. They were just as much not taken into account during Clinton's administration as Bush's. To "blame Bush" in this case is ridiculous...
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#34 Sep 29 2006 at 7:13 PM Rating: Excellent
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gbaji wrote:
See the point I'm making?
That you're hung up on Clinton? Yeah, I got it.

He's not president anymore, you know.
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#35 Sep 29 2006 at 7:22 PM Rating: Decent
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Kelvyquayo wrote:
Gbaji's Link wrote:
Whereas members of al Qaida, an organization bearing responsibility for attacks on the United States, its citizens, and interests, including the attacks that occurred on September 11, 2001, are known to be in Iraq;

Whereas Iraq continues to aid and harbor other international terrorist organizations, including organizations that threaten the lives and safety of American citizens;

Whereas the attacks on the United States of September 11, 2001 underscored the gravity of the threat posed by the acquisition of weapons of mass destruction by international terrorist organizations;




like a bow


Um. Not seeing your point.

There were members of Al-qaeda in Iraq at the time the resolution was passed. That's a matter of fact that tends to get strawmaned as well with the "But Zarqawi and friends weren't working with Iraq!". But that's not what the statement says. It just says that there were members in the country. And there were.

Iraq was still aiding and harboring international terrorist organizations at the time the document was written. This is also still an undisputed fact, despite massive attempts to distract the issue into whether or not Iraq worked with said terrorists on their plots. It is a fact that they were present in the country and were *not* being actively searched for by the Iraqi government, nor were they making any effort to remove them. How is that not "harboring"?


The third point is just silly. Don't you get it yet? The whole point about Iraq was that Bush said our policy after 9/11 is not to just wait until an attack occurs to take action. Thus, restricting actions as a result of 9/11 to only those who actually conducted the attack is wrong. In this statement, they are looking forward. They're making a statement that given the 9/11 attack and its change on national policy, the threat presented by a future Iraq handing WMDs to terrorists to attack the US cannot be ignored.


I just find it funny that this whole thing really hinges on whether you "get" the policy change after 9/11. It's really funny in the context of the current elections. Republicans charge that Dems are "weak on defense" because they want to wait until a terrorist attack occurs before taking action. Dems counter that this isn't true, yet they argue against the validity of the decision to invade Iraq on the exact point that Iraq was not involved in 9/11. Um... That's the point. If your criteria for response is limited only to those who've already attacked you, are you not then "waiting for a terrorist group to attack before doing anything"?

Yeah. I think you are. Our action in Iraq was forward looking. Something that the 9/11 commission said was needed. But apparently, that's not enough...
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#36 Sep 29 2006 at 7:24 PM Rating: Decent
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Jophiel wrote:
gbaji wrote:
See the point I'm making?
That you're hung up on Clinton? Yeah, I got it.

He's not president anymore, you know.


Lol. No. I'm *not* hung up on economic calculations that are contrived and presented in a manner designed to bash only the current sitting president. I'd bring up the same point about how this process would change previous deficit calculations regardless of *who* was president at the time.

I'd do that because it's incorrect to hold one president to a different accounting standard then another. It's really that simple.
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#37 Sep 29 2006 at 7:26 PM Rating: Excellent
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Smiley: laugh

Sure, man.
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#38 Sep 29 2006 at 7:38 PM Rating: Decent
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So you're saying that it's ok to hold one president to a different accounting standard then another?

Cause if not, then I really don't get what you're trying to say...
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#39 Sep 29 2006 at 7:49 PM Rating: Excellent
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I'm not suprised. I already said exactly what I meant. I suggest you re-read it.
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#40 Sep 29 2006 at 7:51 PM Rating: Decent
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Man gbaji, what the hell is wrong with you?

Ok, sure. Clinton's deficit over four years was $484 billion. But Bush's in one year was $760 billion. So what's your friggin point?

Like it or not, you're actually using Clinton as a justification for Bush's irresponsible spending. That's idiotic. I didn't bring up Clinton because (a) it's irrelevant, and (b) his deficit was BETTER than Bush's.

Newsflash: Conservatives are supposed to do it better. Get with the program. And Joph is exactly right, whether you admit it or not. Just because someone criticizes ANYTHING about Bush, you assume that person is a liberal. That makes you a mindless tool.





#41 Sep 29 2006 at 8:04 PM Rating: Excellent
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Jawbox wrote:
I didn't bring up Clinton because (a) it's irrelevant
Jawbox gets it.
Quote:
And Joph is exactly right, whether you admit it or not.
Werd.
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#42 Oct 02 2006 at 2:14 PM Rating: Decent
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Jawbox wrote:
Ok, sure. Clinton's deficit over four years was $484 billion. But Bush's in one year was $760 billion. So what's your friggin point?


You were the one who was trying to make a point. I was simply observing that in your haste to mindlessly follow some article you read about alternative ways to calculate budgets, you seemed to ignore all the parts except those which attacked Bush's economic policies.

Quote:
Like it or not, you're actually using Clinton as a justification for Bush's irresponsible spending. That's idiotic. I didn't bring up Clinton because (a) it's irrelevant, and (b) his deficit was BETTER than Bush's.


No. I'm not saying anything of the sort. Because to do that, I'd first have to agree with you that Bush's spending is "irresponsible". See how your own pre-assumptions taint your conclusions?

I'm using Clinton as an example for why this articles proposed method of calculating Budgets is wrong. Because (as I've already explained), budget numbers are about tallying the dollars of revenue this year and the dollars spent this year. Projections based on economic policies are valid, but are *not* budget numbers.

The article proposed the idea that somehow the Bush administration was cooking the books by not "accurately" using a projection of future costs rather then simply listing actual dollars earned and spent. My *only* observation was that this is how budget data is always recorded. Clinton was simply one example. Do I have to actually list every president we've ever had to show you that applying this standard to Bush and Bush alone is kinda unfair?

Wow. What's wrong with me? How about what's wrong with you?


Quote:
Newsflash: Conservatives are supposed to do it better. Get with the program. And Joph is exactly right, whether you admit it or not. Just because someone criticizes ANYTHING about Bush, you assume that person is a liberal. That makes you a mindless tool.


You're correct. Conservatives are supposed to do it better. So the fact that a Republican congress and president is only doing it 50% better instead of 100% better is "bad"? How does that work? Would you honestly prefer a tax plan that both increases taxes *and* increases spending?

Believe it or not, Bush's tax plan is in keeping with conservative tax views. Certainly, it woud be "better" if he could cut budgets as well, so as not to run a deficit. But a deficit alone is not a dealbreaker in this case. Doubly so since the predictions made 5 years ago that by lowering taxes, he'd increase relative tax revenues over time has come true, it's really not a problem at all. We could in theory change nothing in terms of taxing or spending at this point, and the deficit will continue to shrink just due to growing tax base in relation to budgeted spending. In 3-5 years, that deficit will become a surplus, all while maintaining an overall tax rate roughly 20% lower then what we had during the Clinton years (yeah, I'm going to bring him up here).


It's not that I assume someone is a liberal when they bash Bush. I just assume that they're the kind of person who mindlessly repeats stuff they heard or read without really thinking it through for themselves...
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#43 Oct 02 2006 at 2:17 PM Rating: Excellent
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Quote:
It's not that I assume someone is a liberal when they bash Bush. I just assume that they're the kind of person who mindlessly repeats stuff they heard or read without really thinking it through for themselves...


Which, when you think about it, is one hell of an assumption.
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#44 Oct 02 2006 at 2:25 PM Rating: Good
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Samira wrote:
Quote:
It's not that I assume someone is a liberal when they bash Bush. I just assume that they're the kind of person who mindlessly repeats stuff they heard or read without really thinking it through for themselves...


Which, when you think about it, is one hell of an assumption.
The 'Takes one to know one" principle in action.

The fact that gbaji has yet to come up with a rational explanationm of Bush's effectiveness that makes sense to anyone but him, and that he's happy to shoot down proven facts with Fox News sound bites is just a happy coincidence huh?

Funny, I hear ToUtem and Moe rationalising their pro-Republican arguments, countering Democrat propaganda (having at least understood the issues), yet all I hear from gbaji is verbal catastrophe.

A new global phenomenon Layz'n'gennumen. . . . "Gbaji Verbal Warming"
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#45 Oct 02 2006 at 3:14 PM Rating: Decent
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King Nobby wrote:
The fact that gbaji has yet to come up with a rational explanationm of Bush's effectiveness that makes sense to anyone but him, and that he's happy to shoot down proven facts with Fox News sound bites is just a happy coincidence huh?


Um. How about the fact that even though Bush has lowered the tax "rate" on Corporations (you know, the thing all the Libs are up in arms about), the actual percentage of the tax burden collected from all other areas has stayed constant, except those corporate taxes. Which have increased.

In other words, by lowering the actual tax rates, we've spured a growth, which in turn increased the overall size of the tax base, which in turn increased the total taxes collected. We collect *more* in taxes from corporations (as a percent of GDP) today then we have since 1980.

This is *exactly* what the Bush economists predicted would happen. This is *exactly* what the Libs said wouldn't happen. The "tax break on the rich" has done exactly what it was predicted to do. It increased the tax base and increased the total taxes collected over time. All while *decreasing* the tax rates themselves and *increasing* overall economic growth.

I guess I don't get where you're coming from. You're all tossing your assumptions and beliefs out there like that's all you need. I'm the only one looking up actual budget figures. Don't believe me? Look up cbo.gov yourself. Download the historical budget data pdf. Look for yourself (it's in table 4).


Would it be "better" if at the same time we could reduce spending? Yup. Absolutely. But the operation of those tax cuts is working regardless. We are generating more revenue off the tax cuts. It's not enough to make up for the fact that we didn't cut spending at the same time. However, the trend is downward (again. Don't trust me, look up the data for yourself. It's right there!). Spending is up slightly as a percentage of GDP, but it not unusually high (20% is a pretty average value for the last 25 years or so). Taxes are *low* though. But at the same time, the deficit is getting smaller each year. Again. Give it a few more years and it'll hit the zero mark (or very close to it).

Quote:
Funny, I hear ToUtem and Moe rationalising their pro-Republican arguments, countering Democrat propaganda (having at least understood the issues), yet all I hear from gbaji is verbal catastrophe.


Because you apparently prefer a very simple "I'm right and you're a dork" kind of argument. That's great. But to call that "rationalizing", while the guy who actually looks at facts and numbers when arguing is a "verbal catastrophe" only shows just to what degree you prefer to base your political ideology on ignorance rather then enlightened knowledge.

Whatever. Bask in your silliness for all I care. But excuse me if I find it amusing that apparently the Bush economic plan is going so well that proponents have to invent a new subjective, predictive accounting methodology in order to find fault with it...

That's kinda sad. Don't you think? Apparently, the normal indicators like unemployment, economic growth, poverty rates, CPI, home ownership, and such weren't giving them any ammunition to attack Bush with, so they had to make some new stuff up. Sorry. I'll take that as a glowing endorsement of the Bush economy. How else whould I take it?
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#46 Oct 02 2006 at 8:04 PM Rating: Decent
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gbaji wrote:
I'm using Clinton as an example for why this articles proposed method of calculating Budgets is wrong. Because (as I've already explained), budget numbers are about tallying the dollars of revenue this year and the dollars spent this year. Projections based on economic policies are valid, but are *not* budget numbers.

Gbaji, this isn't like your goddamn checking account. You're thinking much too simplistically (probably because it's numerically favorable to do so, though it's hard to say).

If you weren't such a tool you'd see that the article is not criticizing Bush so much as it's criticizing the method of calculating the deficit. Bush *should* be the focus though, because unlike Clinton and every other President before him, Bush and the current Congress can actually still do something about it. And of course another reason to focus on Bush is because he's supposed to be a conservative.

An argument might be made for excluding Social Security and Medicare from the numbers because unlike corporate retirement accounts, they are not guaranteed payouts (instead they're "pay as you go"). I don't necessarily agree with that take, but at least there's an argument to be made.

Even granting that, it still leaves a FY2005 deficit of $760 billion according to a perfectly rational, commonsensical method of accounting that's used by law in the corporate world. Read the fUcking article! It's all laid out pretty well.

You're so goddamn hypersensitive about "Bush bashing" that you cannot see the problem before your eyes, and you're stuck in this awkward position of having to defend an accounting practice that works against fiscal conservatism. You should be agreeing with me, you stupid tool!
#47 Oct 03 2006 at 6:08 PM Rating: Decent
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Jawbox wrote:
If you weren't such a tool you'd see that the article is not criticizing Bush so much as it's criticizing the method of calculating the deficit. Bush *should* be the focus though, because unlike Clinton and every other President before him, Bush and the current Congress can actually still do something about it. And of course another reason to focus on Bush is because he's supposed to be a conservative.


And yet, you felt that it was the "source" of your argument that Bush was a HORRIBLE president because he's run such a high deficit according to this very article...

You criticized Bush. You did so specifically because of the statements in this article. Is this going to be yet another one of those threads where I point out that your own reactions to the article refute your claims that the article wasn't aimed at Bush?

You didn't say that "Clinton was a HORRIBLE president", did you? You didn't name any other president. Yet they all use(d) the "cash accounting" methodology, didn't they? Why single out Bush?

Quote:
An argument might be made for excluding Social Security and Medicare from the numbers because unlike corporate retirement accounts, they are not guaranteed payouts (instead they're "pay as you go"). I don't necessarily agree with that take, but at least there's an argument to be made.

Even granting that, it still leaves a FY2005 deficit of $760 billion according to a perfectly rational, commonsensical method of accounting that's used by law in the corporate world. Read the fUcking article! It's all laid out pretty well.


Governments are not private businesses though. The problem is that a private business will counter costs accrued with "payments accrued" at the same time. What is not mentioned in the article (which is *amazingly* one sided), is that a business also records a profit when it signs a contract deal. So, if I make a deal in which you promise to buy X number of units of my product over the next Y years, I get to put the projected profits into my accounting sheet right now. It works both ways.

But governments do not generate "profits". They are not businesses. Thus, there is no counterbalance to an accural accounting method. You're only counting future costs on an accrued basis, never future revenue (since revenue is strictly generated on a per-year tax/levy/tarrif basis). Governments gain revenue when the tax base increases (over time). But they can't put that on an accounting balance sheet because the tax law can (and usually does!) change between now and then.

Can Bush put the projected increase in tax revenue over time from his tax cuts into the accounting sheet? No. He can't. Yet any sane economist can agree that increased tax base means increased federal revenues over time. The relationship is well understood, but you can't accurately predict exactly how much of an increase you're going to get, nor can you predict exactly how much additional revenue you're going to generate as a result.


Worse. If you were to attempt to create this sort of system, you'd be in the unusual (and illogical) position of arguing that raising taxes without end is "good", since that's going to show up on an accrual accounting balance sheet (better yet is passing laws mandating tax rate increases over time). The government equivalent to that "big contract" that businesses put on their accounting sheets would be exactly a law setting tax rates for X years. Thus, you'd generate a revenue bonus *now* for future taxes.

I suppose if your agenda is to make it appear on an accounting sheet that raising taxes is always the best solution to every problem, then you'd be all for this. Since the presure to "reduce the deficit" would be very very real, but the only way for a government to do that is to legistlatively raise taxes. It would end up being a tool to do exactly that.


If you are a proponent of Liberal economic theories, and believe that the only way to increase revenue over time is to increase taxes, then this all makes perfect sense. But if you are a Conservative, you believe that *lowering* taxes will increase the growth rate of the tax base and over the long run result in a greater "real" revenue while decreasing the "footprint" of government. And if you do believe that, then this is a horrible idea since it magnifies the costs, while hiding the economic effects that will make those costs managable down the line.

Quote:
You're so goddamn hypersensitive about "Bush bashing" that you cannot see the problem before your eyes, and you're stuck in this awkward position of having to defend an accounting practice that works against fiscal conservatism. You should be agreeing with me, you stupid tool!


Well. If you hadn't started out by calling Bush "HORRIBLE", maybe I wouldn't have responded to your post as a "Bush bash". If you honestly want to discuss this accounting methodology, how about actually talking about *it* instead of simply using it as a means to bash Bush...?

Dunno. Just seems kinda obvious to me.
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#48 Oct 03 2006 at 6:41 PM Rating: Decent
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Oh. While I've got the thought in my head:

Another huge flaw with accrued accounting (which is another subset of the "Government!=Business" argument) is that you're calculating deficits *today* using future dollars. This is always going to make the current day deficit number seem larger then it really is because a real dollar value in today's money is going to be worth "more" then that same real dollar value in the future when it's actually going to have to be paid.

This mangles the relative value of that deficit in two ways:

First, it inflates the initial value since we're comparing a future cost to today's dollar. It would be like me assuming that if I bought a toaster for its cost in 1950, but didn't have to pay for it until 1980, that I should ignore how much that actual dollar amount would be in 1980s money. We're ignoring inflation in the calculation. This is very significant to things like pensions, where it's well known that the last 10 years or so of pension payments count more then the previous 30 years (assuming someone worked that long), simply due to the inflation over time. Accrual accounting "works" in business because we're not talking about payments 30+ years in the future, and the time frame for payments is typically going to be similar to the time frame for profits (meaning that inflation effects counter eachother).


That brings me to the second problem. Government's gain revenue based on tax base growth over time. But that automatically increases with inflation *and* in fact increases with GDP growth (which typically and hopefully is *higher* then inflation). So 20% of the GDP in 2020 will be worth a hell of a lot more in today's dollars then 20% of the GDP today. Yet, accrued accounting insists that we calculate that future debt in today's dollars, which may be an order of magnitude off in terms of accuracy.


For example:

In 1976, the medicare program "cost" the nation 1% of its GDP, for a total cost of 16.9 Billion dollars

In 2005, the medicare program "cost" the nation 2.7% of its GDP, for a total cost of 333.1 Billion dollars

1% of GDP in 1976 was 16.9B. 1% of GDP in 2005 is (333.1/2.7) 123.4B. That means that the relative value of a percentage of GDP for tax purposes is (123.4/16.9) 7.3 times as much in 2005 then it was in 1976...


Thus, the tax revenue that each percentage of GDP represents has increased by over 7 times in that time period. Thus, in order to calculate the effect that a dollar of pension "promised" (and by your arguement accounted for) back in 1976, we'd need to divide that dollar by 7.3 because it has that much less impact on todays economy.


Accrued accounting insists that we calculate that future cost in the relative dollars of 1976, yet clearly, that's not the correct way to calculate the "real" impact that pension will have on the economy and the government 30 years later when it has to be paid.

That's why it's a bad idea. Again. Goverment is not a Business. The accounting that makes sense for one does not really make sense for another. We can't know either the GDP growth over the next 30 years, nor the tax rates we may set in the future. For those reasons, accrued accounting does not really provide us any useful data. I'm sure it's great for scaring people with big numbers, but that's about it...
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King Nobby wrote:
More words please
#49 Oct 04 2006 at 6:14 AM Rating: Excellent
Liberal Conspiracy
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TILT
gbaji wrote:
And yet, you felt that it was the "source" of your argument that Bush was a HORRIBLE president because he's run such a high deficit according to this very article...
No, he was saying that, by fiscal numbers, compared to someone running a company, Bush would be a horrible president. Which he would be.
Quote:
You didn't say that "Clinton was a HORRIBLE president", did you? You didn't name any other president. Yet they all use(d) the "cash accounting" methodology, didn't they? Why single out Bush?
Because, again, Clinton isn't president. We were talking about Bush. Kelvy mentioned Bush, Jawbox responded by talking about Bush, you got your panties tightly knotted because no one was bashing Clinton. In fact, you were the first person to mention Clinton in the thread. We're all happily talking about the sitting president when you come along, waving your arms and crying that no one is comparing things to Clinton. Weird that.
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Governments are not private businesses though.
Yeah, that was kind of Jawbox's point.
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Dunno. Just seems kinda obvious to me.
For as often as you say that, the sheer number of things apparently not obvious to you and that you believe requires a ten paragraph responses never fails to amaze me.
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Belkira wrote:
Wow. Regular ol' Joph fan club in here.
#50 Oct 04 2006 at 7:45 AM Rating: Good
*****
18,463 posts
gbaji wrote:
Kelvyquayo wrote:
Gbaji's Link wrote:
Whereas members of al Qaida, an organization bearing responsibility for attacks on the United States, its citizens, and interests, including the attacks that occurred on September 11, 2001, are known to be in Iraq;

Whereas Iraq continues to aid and harbor other international terrorist organizations, including organizations that threaten the lives and safety of American citizens;

Whereas the attacks on the United States of September 11, 2001 underscored the gravity of the threat posed by the acquisition of weapons of mass destruction by international terrorist organizations;




like a bow


Um. Not seeing your point.

Priceless. Smiley: laugh
#51 Oct 04 2006 at 10:17 AM Rating: Decent
Encyclopedia
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35,568 posts
Atomicflea wrote:
gbaji wrote:
Kelvyquayo wrote:
Gbaji's Link wrote:
Whereas members of al Qaida, an organization bearing responsibility for attacks on the United States, its citizens, and interests, including the attacks that occurred on September 11, 2001, are known to be in Iraq;

Whereas Iraq continues to aid and harbor other international terrorist organizations, including organizations that threaten the lives and safety of American citizens;

Whereas the attacks on the United States of September 11, 2001 underscored the gravity of the threat posed by the acquisition of weapons of mass destruction by international terrorist organizations;




like a bow


Um. Not seeing your point.

Priceless.


Not seeing your point either Flea.

Care to point to where in that quoted section it says that Iraq was involved in the 9/11 attacks? Or where Iraq possesed (present tense) usable WMDs? Or where it said that Iraq was an "imminent threat"?

In case you're not getting it yet, if you're going to quote something in response to something I say, please take a tiny bit of time to describe how exactly the quote actually refutes what I said or maybe in what way it's relevant to the discussion at hand.

I get really really really tired of people who just parrot stuff that includes words that kinda seem like they mean something, but they never seem to bother to actually figure out what exactly they mean or how they are used. They just assume that since the words "Al Qaida" and "Iraq" are in the same paragraph, that it must mean that they were working together!

Or something like that. Well, whatever the guys on that box with the moving pictures told me it meant, or implied it meant, Oh heck. I'll just pickup my sign and get in line....


Try actually making a point instead of just quoting something as though that say's everything you need to say. Cause guess what? That quote doesn't say what you and many others seem to think it does. I've elaborated on it's meaning many times. It would be nice if someone could actually make an argument beyond "Well it's right there! Really!...".
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King Nobby wrote:
More words please
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