Quote:
Originally posted by cool_chick
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.
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1. If you are a million dollars in debt....yes...you have helped lower the national debt via taxes paid by those who supplied the million doallars worth of services. Your personal debt has no effect in increasing the national deficit.
2. You have changed the question. Your original premise was that the decreasing value of the dollar was increasing the deficit.
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