Quote:
Originally posted by fintstone
1. Ok, but only briefly:
Clearly it would not increase the debt as you implied.
If you booked it through an American travel firm, or went on an US chartered cruiseline, or purchased airfare to the port....You would create taxable income for each of those entities which (taxes collected) would result in lowering the federal deficit.
2. Yes...you are wrong about that too.
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1. So If I add a million dollars to the deficit, there will be enough taxable income in these purchases to not raise the debt, and in fact may lower it?
2. If you're going to declare I'm "wrong", then you really should have enough decency to tell me why you believe I'm "wrong." Tell me how the ballooning deficit is not affecting the value of the dollar.