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  1. theogt

    High Deficits

    Tax revenues were low at the height of recent expansionary cycles as well. A recession does cause a drop in revenue, though, that is true. But this doesn't really get us any closer to answering the question of why deficits are bad.
  2. theogt

    High Deficits

    Are you saying that spending in itself is a bad thing? Or just that "out of control" spending is bad thing? If the latter, what is "out of control" spending? I'm assuming you mean spending into a deficit. And that just gets us back to the original question -- why are high deficits bad? It's...
  3. theogt

    High Deficits

    No, by definition, when a business raises debt it's not using its own money.
  4. theogt

    High Deficits

    The U.S. Raises its debt ceiling all the time. That may or may not be a bad thing. If it's a bad thing, I'm asking why. But tax revenues are at all time lows. That's the single biggest reason there are high deficits.
  5. theogt

    High Deficits

    So, the U.S. is in danger of being insolvent?
  6. theogt

    High Deficits

    Many successful businesses will constantly run large amounts of debt in perpetuity. It's not that they can't pay it back (though most cannot pay it back but can only refinance it) it's that they don't want to pay it back because it's a bad business decision to do so. Are you suggesting that...
  7. theogt

    High Deficits

    Yes, why is that bad? I can think of many reasons why it's a good thing. Many successful businesses constantly take on additional debt.
  8. theogt

    High Deficits

    If the reasons are obvious, please explain them to me.
  9. theogt

    Jason Hatcher: New Positions, New Player?

    Not really. If he keeps up the production from the Broncos game, they'll have no choice but to start him. I just doubt he keeps up that level of play. And, moving from left to right has nothing to do with strength.
  10. theogt

    High Deficits

    This thread is really going places.
  11. theogt

    High Deficits

    Explain it to me like I'm a 6 year old. What happened to Greece that is in danger of happening to the US?
  12. theogt

    High Deficits

    Can someone explain to me like I'm a 6 year old why high deficits (particularly during a recession) are bad?
  13. theogt

    Saints cut former Pro Bowler Stinchcomb

    zOMG U guys are teh retarded, if hes so good Y is he avialablez!!!!111
  14. theogt

    Things that shouldn't exist

  15. theogt

    Babe laufenberg "it's a no brainer on costa at center"

    Well, that's certainly interesting. I'm not sold on the guy, but it seems like a lot of people are. Guess we'll continue to see in preseason.
  16. theogt

    Things that shouldn't exist

  17. theogt

    Broaddus on Cowboys/Broncos

    Not good, yeah. But considering the guy has literally only played the position for a year, his play was .... interesting. I think he has the body and physical talent for the position. He's just so far behind in development that's it's a question of whether it's even worth it.
  18. theogt

    Rob Ryan comment on Alan Ball

    Corner requires much less analysis, understanding, processing of information and reacting. A cat will vigorously follow a red laser dot. Give a cat two or three dots to follow and it'll just sit there bewildered, pawing occasionally. That's Alan Ball.
  19. theogt

    Must see movies....

    Vaguely appropriate thread for this.
  20. theogt

    Jerry Jones: Nnamdi Asomugha really wanted to be a Cowboy

    They did exactly that. And they put a large portion into 2011 in case it was an uncapped year as well. Since it's not, they waive the magic contract amendment wand and voila, more cap room.
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