I have been having a running email debate with a rabid suppy sider who I will call "Mr. Supplyside". In his most recent rebuttal to logic he used this blast of fairie dust:
"You really believe our deficit is $10 trillion dollars. Your lack of education is way worse than I thought. We are a $13 trillion economy and our deficit is 2.1% of that which is a LOT less than $10 trillion."
This disconnect with reality is why conservatives can drive the economy into the ground and trample our children's future. Below the fold is my imperically correct attempt to straighten the record. Of course I expect "Mr. Supplyside" to come back to me with more insanity. But at least we know better.
Thanks for the argument. I appreciate the effort you are putting into this debate but you are hamstrung by definitions that may let you sleep at night but don't stand up to logic. You state that the deficit is 2.1% of the economy but that is only the ADDITIONAL deficit added to our national tab this year. The true deficit is over 9 trillion dollars, that is why congress voted to increase the national debt to 10T a couple months ago. When Clinton left office the debt was about 6T and going down. And when you look at debt as a percentage of income you have to look at the income of the party in debt (the US government in this case) which in 2005 was $1.862 trillion versus expenditures of $2.338 trillion. The resulting yearly deficit is actually about 22% of the budget and the accumulated debt is nearly 400% of annual income. To put it into perspective lets say you made 100K last year, but you had to borrow 22K to maintain your lifestyle. Instead of putting some money into savings for a rainy day or retirement you now owe about $400,000 but you have no reason to believe that you will make more money next year (taxes = income) and your expenditures only fiqure to go up (war's a costly bitch, ain't it). If your finances really are this messed up you would be forced
into a chapter 7 bankruptcy, you would lose everything including probably all of your family and friends. That is the mess our government by lobbiests have made for my children and yours. Thanks alot.
I've decided to send this to every poster I can find at Redstate etc.. Thes people really don't get it.