Blazers & Timbers endorse same sex marriage

Don't worry, barfo. They'll borrow $24B the first two weeks after the debt ceiling is raised. Pretty neat how the real voodoo economics works.

Borrowing to pay your bills is insanity. That's what you "won." We're spending $400B+ on interest on the debt now. Imagine all the compost you could make with that kind of money.

 

Well, it is the case that the government will be borrowing even more money now to pay for what your team wasted the past couple of weeks. So what exactly did you win again?

Right, it's better to just default on your bills? That's your idea of fiscal responsibility?

That's a lot more than you "won" (to quote Nate).
Seems like Team Tea Party got the big goose-egg on its face.
But I'm glad they had the chance to remind everyone once again why "Libertarians" shouldn't ever be in charge of anything.

barfo

 

It is the case that the government will borrow even more money, no matter what. Otherwise they wouldn't need to raise the borrowing limit. Duh.

http://www.nber.org/digest/apr10/w15639.html

$24B out of a ~$16T economy, generated by excessive borrowing. Boo hoo.

1/2 GDP growth lost due to policies you keep hyping, yay!

That's 1.5% instead of 3% of a ~$16T economy. Real money.

My idea of fiscal responsibility is to turn off cable TV if I can't afford to pay the bill. Democrats' is to charge the payment on the credit card and order more channels. Once cable TV is cancelled, you don't get the bills anymore, so you aren't defaulting by not paying them.

You "lost" but don't realize it yet.

And all this is proving Libertarians should be in charge of everything.

 

This has nothing to do with this thread, but it's a bit of history I didn't know. Apparently libertarians have been making shit up for a long time...

barfo

 

I liked the part about libertarianism becoming more and more mainstream. Thanks!.