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re: National debt tops $22 trillion for the first time as experts warn of ripple effects

Posted on 2/13/19 at 12:49 pm to
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 2/13/19 at 12:49 pm to
quote:

Does this approach work with pay raises too?

Like, if you make 50K and I give you a 5% raise, then from there forward, giving you a $2500 raise annually will be "the same".


What are you not getting here? Let's say the budget deficit is 0 in year 1. In year 2, the deficit increases by 1 trillion. That's a 100% increase. Now let's say the deficit is exactly 1 trillion for another 99 years. After that, the increase will only be 1% in spite of the deficit being unaltered.
This post was edited on 2/13/19 at 12:51 pm
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/13/19 at 1:00 pm to
quote:


What are you not getting here? Let's say the budget deficit is 0 in year 1. In year 2, the deficit increases by 1 trillion. That's a 100% increase. Now let's say the deficit is exactly 1 trillion for another 99 years.


I get what you point you think you're making. It's just really hilarious.

Do you really think that if the budget deficit in year 100 is $1T for that year and the actual budget is 100T, that this is as bad as if in year 1, the actual budget was 10% with a 1T deficit?

I mean, seriously? Is THAT your argument. Good fricking God.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/13/19 at 1:16 pm to
quote:

What are you not getting here? Let's say the budget deficit is 0 in year 1. In year 2, the deficit increases by 1 trillion. That's a 100% increase. Now let's say the deficit is exactly 1 trillion for another 99 years. After that, the increase will only be 1% in spite of the deficit being unaltered.



Spotted your after the fact edit.

I hope you don't think it made it less dumb.
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