All Forums > General Discussion > Non-Sports > Socialism Experiment
3/1/2013 3:20 PM
So why is collected tax money different than treasury purchases in your world?
3/1/2013 3:30 PM
It's not. (It actually is different for all kinds of reasons, but for where you're going with this, they are effectively the same thing)
3/1/2013 3:30 PM
Proceed.
3/1/2013 4:09 PM

Is there any reason to proceed?   You've already admitted that the deficit isn't funded by treasury notes after implying that it was.    Revenue is revenue.   There's really not much else to say.

3/1/2013 4:16 PM
Posted by MikeT23 on 3/1/2013 4:09:00 PM (view original):

Is there any reason to proceed?   You've already admitted that the deficit isn't funded by treasury notes after implying that it was.    Revenue is revenue.   There's really not much else to say.

Wow.

That's good.

How is the deficit funded then, genius?
3/1/2013 4:17 PM
This is hilarious.
3/1/2013 4:20 PM
That's actually not where I thought you were headed with that. Wow. Just wow.

According to mike, the deficit isn't funded with treasury notes. I have to assume he thinks the deficit is funded by tax revenue? Which is interesting, considering it's a deficit.

**** this is funny.
3/1/2013 5:10 PM
Posted by MikeT23 on 3/1/2013 2:54:00 PM (view original):
So, IOW, tax money is part of the revenue.

Isn't the deficit the difference between revenue and expenditures?

This.

3/1/2013 5:18 PM
Posted by MikeT23 on 3/1/2013 5:10:00 PM (view original):
Posted by MikeT23 on 3/1/2013 2:54:00 PM (view original):
So, IOW, tax money is part of the revenue.

Isn't the deficit the difference between revenue and expenditures?

This.

Yes. The deficit is the spending beyond what's collected.

And your point, professor?
3/1/2013 5:30 PM
Just that if the government was selling enough treasury bonds, there wouldn't be a deficit.

Treasury notes aren't funding the deficit,

By definition, nothing funds a deficit. 
3/1/2013 5:34 PM
Posted by MikeT23 on 3/1/2013 5:30:00 PM (view original):
Just that if the government was selling enough treasury bonds, there wouldn't be a deficit.

Treasury notes aren't funding the deficit,

By definition, nothing funds a deficit. 
WHAT THE ****???????????????
3/1/2013 5:35 PM
You are retarded as hell.
3/1/2013 5:36 PM
Isn't the deficit the difference between revenue and expenditures?
3/1/2013 5:37 PM
Posted by MikeT23 on 3/1/2013 5:36:00 PM (view original):
Isn't the deficit the difference between revenue and expenditures?
Tax revenue and expenditures.
3/1/2013 5:38 PM
HAHAHAHAHAHAHHAAAAAA

Go away moron. You apparently haven't bought that clue yet.
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