Posted by MarkB_MI on January 13, 2015 at 09:16:21 from (198.208.159.17):
In Reply to: Re: 140 acres posted by Bret4207 on January 13, 2015 at 08:41:14:
Holy cow! The federal debt is too big, yet the federal government shouldn't run a long-term surplus. What? How does a government reduce its debt other than run surpluses for many consecutive years? I'll tell you how, because our beloved Motown just did it: you go into bankruptcy! Is that what you propose? That the federal government default on its existing debt? I realize that's the tea party-approved solution, but personally I think we should balance our books instead by bringing spending in line with revenues.
By the way, there is only one set of books. The debt is growing because the deficit is positive. But the deficit is shrinking and if that continues at some point in time the deficit will go negative and the debt will then shrink. Assuming there's not another big tax cut.
Now if you have some magical solution to reducing the debt that doesn't involve either eliminating the deficit or defaulting, please let me know. I'm sure Congress would like a third alternative as well.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Towny Goes Plowing - by Anthony West (UK). I live in an area renowned for its rural beauty. Small fields with hedgerows and trees are common place, as are small hamlets with village greens and the odd duck pond complete with swans. The center of any village once the shop is closed is the old tavern. Rustic places with cheerful names like "The Griffin" "Red Lion" or "The Plough and Harrow" are found dotted around the country lanes all over the place. The warm glow of yellowish light can be seen for quite some distance at dusk, and
... [Read Article]
Latest Ad:
For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
