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Re: Federal deficit exceeds $1 trillion for third straight year

Posted by orange blossom special on Wed Aug 10 17:28:12 2011, in response to Re: Federal deficit exceeds $1 trillion for third straight year, posted by SelkirkTMO on Wed Aug 10 17:21:49 2011.

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How does it not make sense?

I make 10,000 dollars and owe 500 bucks.
I increased my debt to 3000 dollars, but instead of, like the demokkkrat government where the revenue went DOWN, I now make 60,000 dollars.

My increased debt has been sustained by increased revenue. While financial accounting can get complicated, the ideals are commonsense.

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