I think I've spotted the problem

[Maringue]

Now I don't talk politics on here to much, but I got into it with Rep Amash on Facebook and I think I know why our government can't fix the problem. Apparently we have people in our government who think our trillion dollar government functions exactly like a family of 4's household...

[Patrid]

And this is the actual Representative Amash?
The only way we can confirm a positive identification of this guy is if you ask him to submit a photograph of his genitalia to your twitter. I'm sure everybody in mainstream media would love to cover that.

[Techercizer]

Well that statement, like many of the ones from US political officials, is incredibly vague. Certain aspects of economic activity scale excellently to microscale environments like the domicile or workplace. Certain other aspects, however, are completely lost in the transition.

At the end of the day, all that can really be said is that he is sort of right and sort of wrong; with the obfuscating lack of clarity in his statement, there's not much more that can be made from it.

[Failhorse]

I think he's right. Though personally I only use 1/3 of my annual salary to support my global empire.

[Maringue]

Well that statement, like many of the ones from US political officials, is incredibly vague. Certain aspects of economic activity scale excellently to microscale environments like the domicile or workplace. Certain other aspects, however, are completely lost in the transition.

At the end of the day, all that can really be said is that he is sort of right and sort of wrong; with the obfuscating lack of clarity in his statement, there's not much more that can be made from it.

First, that is the actual Rep Amash I was talking to.
Second, he is completely and totally wrong. The US government has a trillion dollar budget and it's own currency. I pointed out that the government can run a 2-3% deficit (whatever the rate of inflation happens to be) and never accrue debit. Some idiot said this was how the Fed Reserve "steals" from the population. I didn't have the energy to deal with his amazing stupidity or explain to him that 2010 dollars are not worth as much as 2011 dollars, you can pay off 2010 debt with 2-3% less 2011 dollars. Secondly, I don't even know why they are talking about Social Security as part of the deficit since it is a separately funded program that's not funded with the standard tax pool.

And as for all this current budget talk, I hope all these dumbass rednecks don't save any money so when they go to retire they get fucked by the Social Security and Medicare plan that they voted for by putting all these Tea Party dipshits into office.

[Smeemo]

I'm shooting for a TESL job in Argentina. Meet me there after the collapse.

[Techercizer]

Well that statement, like many of the ones from US political officials, is incredibly vague. Certain aspects of economic activity scale excellently to microscale environments like the domicile or workplace. Certain other aspects, however, are completely lost in the transition.

At the end of the day, all that can really be said is that he is sort of right and sort of wrong; with the obfuscating lack of clarity in his statement, there's not much more that can be made from it.

First, that is the actual Rep Amash I was talking to.
Second, he is completely and totally wrong. The US government has a trillion dollar budget and it's own currency. I pointed out that the government can run a 2-3% deficit (whatever the rate of inflation happens to be) and never accrue debit. Some idiot said this was how the Fed Reserve "steals" from the population. I didn't have the energy to deal with his amazing stupidity or explain to him that 2010 dollars are not worth as much as 2011 dollars, you can pay off 2010 debt with 2-3% less 2011 dollars. Secondly, I don't even know why they are talking about Social Security as part of the deficit since it is a separately funded program that's not funded with the standard tax pool.

And as for all this current budget talk, I hope all these dumbass rednecks don't save any money so when they go to retire they get fucked by the Social Security and Medicare plan that they voted for by putting all these Tea Party dipshits into office.

See, he's "totally wrong" in that debt management and currency control scale down to domestic use. However, currency control is most definitely not the sum and total of economic theory; many other behaviors do in fact scale down well, so at the end of the day, he's sort of completely wrong and sort of totally right.

...which is what I said to begin with,