$115 Trillion (USA debts)
- Thread starter observer67
- Start date
Hey, their Royal Family and male potential heirs to the throne have all served.
Of course, their pool of eligibles is miniscule.
But ANYONE who meets Constitutional requirements (except for Obama, of course... he wasn't required to "qualify") can become POTUS... Just seems to me that the Commander In Chief should have some REAL experience before he orders young men to their potential death (like in Vietnam, Persian Gulf, Iraq, Afganistan)... not be just a idealogue... never having run a business.... never met a payroll... never having hired nor fired an emplyoee.. never having served in our military... LIKE 0-FUCKING-BAMA!!!
If Queen Elizabeth had a REAL JOB in a REAL CAPITALIST FIRM.....
And REALLY served in the country military.....
Then could APPLY....TO BE A POLY....
Seriously....for fun....check out any of the current Polys backgrounds....
Just pick any ten of them at random....then review the wiki bios....
Almost none of them would qualify....
.......................................................
I would like to take it a step further....CAPITALIST JOBS does not mean working for their long standing family firms as well....
This means accomplishments on their own accord....
This may eliminate 100% of the current Polys......
Excellent. Always enjoyed your posts along with Scats.
Agree with all points in this thread.
http://www.realclearpolitics.com/vi...nt_treat_tax_dollars_like_monopoly_money.html
"In the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the American people can be treated like monopoly money, that's what we've seen time and time again, Washington has become more concerned about the next election than the next generation."
"In the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the American people can be treated like monopoly money, that's what we've seen time and time again, Washington has become more concerned about the next election than the next generation."
While all the analysis above is true, there is one element advocates of the "inflationary holocaust" scenario tend to neglect: the wonders of compounding.
Inflation target has been between 0% and 2% for most of the past 2 decades.
Now just take a spreadsheet and compute this inflationnary effect (2% over 20 years). Next step, change the inflation to 4%! next change the timeline to 30 years... ah the wonders of compounding!
Bottom line: inflation need not be sky-high for the debt-GDP ratio to deflate substentially. Just a 4% inflation target can do wonders, and some patience.
Inflation target has been between 0% and 2% for most of the past 2 decades.
Now just take a spreadsheet and compute this inflationnary effect (2% over 20 years). Next step, change the inflation to 4%! next change the timeline to 30 years... ah the wonders of compounding!
Bottom line: inflation need not be sky-high for the debt-GDP ratio to deflate substentially. Just a 4% inflation target can do wonders, and some patience.
During the Nixon adminstration, wage and price controls were instilled when inflation reached 4%. Nowdays, we can have 8% inflation WHILE THE OFFICIAL GOVERNMENT INFLATION STAT IS "2%".. and we're told to be "happy as hogs in slop".
Ahhh, "inflation"... the great confiscator of citizens' wealth... from right under our noses and without our grasping of how we're being hosed...