IF you want to compare national debt figures between two countries or between different points in time for the same country the standard measure used is national debt as a percentage of GDP. For those of you that are genuinely interested in facts then you can view UK National Debt as a percentage of its GDP for the last 10 years here. It shows that national debt has risen in recent years (Iraq War) but is still at a low level compared to earlier years and is well below the EU threshold of 60%. So at the momement in economic terms, the UK national debt is not of a serious concern but could become an issue in the next decade or so. It is widely accepted by the whitehouse, the international monetary fund and many other economic groups that the current US national debt level is a concern and needs to be dealt with. IN this recent IMF paper you will see the debt referred to as large and being a concern. A more recent and independant view here. This is the last time I will quibble over widely accepted data with you.
and as seen here: http://parliament.uk/commons/lib/research/rp98/rp98-064.pdf#search='uk%20gdp%20estimates' mix is obviously absolutely blind to the terrible peril the UK is in and ignores all facts proving him wrong. as does this: http://news.bbc.co.uk/2/hi/business/4289358.stm and this: http://finfacts.com/irelandbusinessnews/publish/article_10004474.shtml
You do realize JFK was a right-wing conservative, right? Almost identical in policy to Ronald Reagan. JFK lashed out against FDR's New Deal, and JFK cut taxes (for the rich too! oh no!), he was pro-defense, and pro-religion. Right-wing is pro-defense, pro-religion/patriotism, whereas left-wing is pro-internationalism (John Kerry says UN should control our army), and anti-religion/"blind patriotism". "Mr. Roosevelt has contributed to the end of capitalism in our own country, although he would probably argue the point at some length. He has done this not through the laws which he sponsored or were passed during his presidency, but rather through the emphasis he put on rights rather than responsibilites." - John F Kennedy He believed handouts are wrong and people should be responsible for themselves. JFK was anti-welfare, pro-defense, and anti-taxes. JFK was a right-wing conservative.
Why can't you get it through you th*ck skull that this isn't a competition about who's economy is better than who's? Are you a child? Do you find it difficult to come to terms with a non-US citizen having knowledge about US issues? Does this make your brain hurt? The reason I havn't talked about 'the terrible peril the UK is in' is because I am talking about a completely different issue. Please stop dragging me into these idiotic exchanges. GOOD BYE MrMOJO
"An economy hampered by restrictive tax rates will never produce enough revenues to balance our budget - just as it will never produce enough jobs or profits." - JFK
Just agreeing with people that JFK had some good ideas The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy. - JFK
I hope we are still both active on this forum when policy makers in the US start talking about the need to raise taxes because the deficit has to be curbed. The economy is growning but debt is growing even faster. Anyway, lorien, this is off topic. Feel free to resurrect this thread when your taxes go up
Yup, JFK was a right-wing conservative. A great president, anti-tax, anti-welfare, pro-defense, pro-religion. Realize the only thing that was "left-wing" about JFK was back in those days, the left actually believe in interventionism in warfare, as a method to bring peace. Now they view retreat as a method of peace. However some leftists still accidentilly advocate war for peace, like George Clooney unwittingly is begging Bush to stop the genocide in Darfur, but the only way to stop a Muslim government from genociding is to attack the Sudanese government and remove them from power, like Saddam. That's why the original leftist internationalist unity people used to advocate interventionism to stop atrocities, like Saddam's genocides, or Darfur's genocides.
Post me your data source in the other thread if you really want to discuss it. I'm happy to talk economics with you.
You want a revolution of change for the Democrats? If the Democrats win control of the Senate, Robert Byrd will be the 4th in line to the President. That's right a Democrat who was in the KKK will be 3rd in line to president if Democrats win the senate. Protesting integrating blacks into the army, Robert Byrd, leading Democrat senator said: "[with a Negro by my side?] Rather I should die a thousand times, and see Old Glory trampled in the dirt never to rise again, than to see this beloved land of ours become degraded by race mongrels, a throwback to the blackest specimen from the wilds." - Robert Byrd, longest-serving Democratic Senator, former KKK member, and 3rd in line to Presidency if Democrats win the senate.
You will get no where trying to show dome democrats or liberals the link between kkk (or nazis) to democrats. In there mind it is a sealed deal that all replublicans are the nazis.
US Federal Budget Deficit/Surplus 1998 $68B 1999 $125B 2000 $236B 2001 $127B 2002 $-158B 2003 $-375B 2004 $-412B 2005 $-319B 2006 $-296B Whitehouse Prediction 2006 $-473B Democrat Prediction The last 4 years have seen the 4 largest deficits in US history. National debt as a percentage of GDP is the highest since the WWII, and it is predicted to rise more. I dont know why 2 seemingly intelligent people can quibble over numbers that are published facts. I guess thats politics ;-)