Well played.
Only temporarily. Brief trip up to the mothership to have his “human” skin refitted. The creepy smile was technically correct, but wasn’t fooling anyone.
And how exactly, does a tax cut “cost” anything? spending more than is taken in is how debt is incurred.
We have politicians that overspend regardless of the tax rate. It’s pretty simple math to deal with.
Which means that when we cut taxes unwisely, we take in less than we spend. So yes, that costs us.
How do you know they are overspending, debt is neither illegal nor is it wrong. In fact it imakes a ton of sense. If the governement is going to buy an aiplane at 10 million and it will last 20 years then they should probably borrow money and pay for it over its lifetime so that the benefits and costs accrue at the same time.
When spending exceeds tax revenues.
But you end up paying a lot more for it.
If by “we” you mean rich people, then yes we are severely under taxed in this country. I’d say most people are at least slightly under taxed.
That’s OK, we can write off the depreciation.
To whom? Boeing still gets the sale price no matter what the plane is worth on any given day after the transaction. Whomever lent the money still gets their interest.
Well I thought it was funny 
I was joking that the government could write off the depreication on it’s taxes to itself.
I guess it wasn’t as funny as I thought it was.
If they don’t come to terms with the debt limit then outside funding sources will do it for them as we are seeing now in Greece. Strings will be attached to our spending. The longer this goes on the more cuts will be necessary to cover the debt.
Please explain.
That’s not overspending. Overspending is when you spend too, it has nothing to do with how much revenue you bring in. By your logic, I am underspending if revenues exceed spending.
I don’t think you understand the gravity of not raising the debt ceiling. But then again, I could grow old listing the stuff you don’t understand.
Yah, you tell that to the credit card company if you ever see the need to brighten someone’s day.
Overspending: Overspending is spending more money than one can afford. It is a common problem when easy credit is available. This can also be called ‘investing’ in the public sector when infrastructure payments exceed actual calculated cost.[1]
By my definition you are within your budget and have a surplus.
We can afford to borrow money.
You’re not overspending if you’re purchasing things you need. You’re not making enough money if you can’t purchase necessities. As it happens the government has the capacity to earn more money.
And before you get all monkeypunch crazy on me, the congress decides what we need.
Ah, so it’s a dry fucking, then?
Greece is imploding from debt. The only thing standing between them and default is lending terms agreed to with outside sources. Nobody is forced to buy their debt.