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To: SeekAndFind
In true Libtard fashion, Samuelson's estimate of government solvency omits:

You don't need to worry though. Professor Paul Krugman, the Nobel Prize winner and New York Times columnist, a devoted Keynesian economist, maintains from his ivory tower that we can recover fully with still more government spending. The Bernack himself said that he is 100 percent sure that inflation can be contained. And we still have about 8,000 tons of gold in the vault ... somewhere ... probably!
5 posted on 02/25/2013 6:59:27 AM PST by Zakeet (Democracy is the art and science of running the circus from the monkey cage - Mencken)
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To: Zakeet

And, it’s even worse than what your correction suggests: this is only the Federal debt you’ve corrected from the liberals’ rosy estimates. Were the U.S. a unitary state, as many nations are (and the left wishes the U.S. were), there would also be all the indebtedness and unfunded pension obligations of all state and local governments to include in the national debt — and the fact that we still have the remains of the Founders’ federalist vision does not mean the economic impact of debts and unfunded pension obligations are any less simply because they were created by the legislatures of on of the several states or a municipality, rather than by Congress, so such inclusion is appropriate for a proper analysis of the state of our nation and our economy..


6 posted on 02/25/2013 8:26:54 AM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know...)
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To: Zakeet

Sorry, I didn’t read carefully: you did include unfunded local and state obligations, so it’s only actually issued bonds from the several states that you might have missed — but that’s probably rounding error after what you correctly included.


7 posted on 02/25/2013 8:32:13 AM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know...)
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To: Zakeet

How do we normal folks get some of that 85B being printed monthly?


8 posted on 03/10/2013 9:58:28 AM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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