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LETTERS: Robinson dumb on debt

In Eugene Robinson's column ("Too juvenile to govern now," May 31, 6A) he presented a problem in reasoning as well as economics when he noted that the annual deficit run by our national government dropped from $1,284 billion in fiscal 2011 to just $642 billion in 2012. Therefore he concluded that if the size of the annual deficit continues to decline, "... the long-term debt problem begins to look more manageable."

How's that again? Let's reduce it to something easier to understand. If you charged $1,284 on your credit card in 2011 and paid nothing, you'd owe $1,284 plus interest and penalties. Then you charge another $642 on your credit card in 2012 and again pay nothing, so you'd then owe $1,926 plus interest and penalties. Did that make your debt more manageable?

Mr. Robinson concluded that Republicans, failing to see how the debt was more manageable, were too juvenile to govern. It might be more reasonable to conclude that Democrats should never be trusted with the nation's credit card.

-- Richard McBane

Lilburn

Comments

Why_not 10 months, 3 weeks ago

You make a good point but you would have to go back many years to find a Republican president that ran a budget surplus for even one year.

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Jan 10 months, 3 weeks ago

And yet, Richard, You indicate a desire to put the Government back in the hands of Republicans. You know the ones that have grown the deficit. Do some research. Deficit grew under Reagan and under both Bush's. One must reduce the deficit before one can reduce the debt. The most accurate comparison is in relation to GDP. Under Carter, average deficit was 2.5% GDP. Under Reagan that increased to 4.2% GDP. In fact, sicnce WWII, every Democratic President has reduced the national debt as a percentage of GDP while every Republican except Eisenhower have increased the debt as a percentage of GDP. For those that think it can't be true without resources, all this is available from Wikipedia. You might learn even more by researching it yourself with topics like Reaganomics and history of US public debt.

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USA 10 months, 3 weeks ago

Oh, you mean the same Jimmy Carter that gave us 22% interest rates, allowed Iran to keep our embassy personnel for 444 days, gave us gasoline shortages, etc, etc. Other than Obama, comparing a President to Carter (I'll even cut Clinton and LBJ some slack on that comparison) is like comparing daylight to darkness.

Wikipedia?? Now that is a real source of un-biased opinion. NOT!

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Haughton 10 months, 3 weeks ago

Ms. Why_not (and / or) Ms. Jan

It has been noted by another poster in the past that both of you contribute at the same times, and at hours where all intellects are soundly asleep. Have you considered spreading out your undocumented fiction so that is not so obvious that there is only one of you? Desperation has never looked so obvious.

Thank You Mr. McBane for your comments. It is always good to see the truth rattle the chains of those shackled by the Democratic party.

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Why_not 10 months, 3 weeks ago

Undocumented fiction? Really????

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Why_not 10 months, 3 weeks ago

Eisenhower was the last republican president to have a budget surplus in FY 1960. Do your research....it's not that hard to find.

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Haughton 10 months, 3 weeks ago

Ms. Jan quotes: Do some research, ... every Republican except Eisenhower have increased the debt as a percentage of GDP.

Ms. Why_not quotes: Do your research, ... Eisenhower was the last republican president to have a budget surplus in FY 1960

That new job that you recently obtained must be part time or temporary. If you would show your employer an ounce of the energy that you put into defending BHO, then you might find your quality of life would greatly improve.

Gwinnett unemployment lowest since 2008 by Keith Farner

The fact that your only joy comes from posting caustic rhetoric under several different user names is heartbreaking. Thinking that your undecipherable opinion makes a difference is pitiable.

Good Day!

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Why_not 10 months, 3 weeks ago

You seem to focus on everything besides the facts. People like you are a dime a dozen on here. Haughton is the one posting under several different names....obviously.

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Jan 10 months, 3 weeks ago

I am amused by your inability to research, defending it by ridiculing those of us that do research. Further amused by your inability to understand english, for instance, Jack pointed out that I am a Mr., not a Ms.: http://www.gwinnettdailypost.com/news/2013/may/30/robinson-too-juvenile-to-govern/#c116693 Your preoccupation with my employment status is also amusing, I am retired, have been for years. I planned for my retirement and have no plans of seeking employment. While I am not insulted by your accusation of being Why_not since illustrate significantly more intelligence than the most posters, I am not he or she. Your preoccupations are only a futile attempt to set up a smoke screen to the facts and avoid putting forth any effort to learn.

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notblind 10 months, 3 weeks ago

The story is not really about the actual deficit. It's about this administration and all it's lackeys consistently misrepresenting EVERYTHING.

Obama administration motto : WHAT DOES IT MATTER !!!

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Why_not 10 months, 3 weeks ago

There ya go....when confronted with facts just change the subject as usual...hahaha

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notblind 10 months, 3 weeks ago

It's all about the [D]. Performance, transparency, honesty, integrity, none of it matters if that [D] is there.

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Haughton 10 months, 3 weeks ago

BHO, Mr. Robinson, et al. are illiterate on Debt. BHO is destoying his own legacy by continually looking back at the past and not towards the future of our country. The loyalists that continue to blindly praise his destructive agenda are simply dumb.

BHO extremists that are fettered every waking moment to defend his wanton destruction are deserving victims. The collateral damage within the Democratic party will be mind-blowing.

http://www.cbsnews.com/8301-250_162-57572177/national-debt-up-$6-trillion-since-obama-took-office/

http://www.usdebtclock.org/

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notblind 10 months, 3 weeks ago

Here is a life lesson for everyone. Anytime you come into contact with someone that knows all the ways to stroke your ego and intellect and put you at ease and make you feel so fine just from being in this person's sphere you need to WATCH OUT ! Flim flam man alert !!!!!! Which is OK if the [D] is prominently displayed.

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Why_not 10 months, 3 weeks ago

Except for the (D), you have perfectly described Ronald Reagan.

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notblind 10 months, 3 weeks ago

Ronald Reagan is not the president. George Bush is not the president.

Barrack Hussein Obama IS the president. He is doing the worst job in the history of this country. His actions will be having an even greater adverse effect on the country long after he is gone.

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Haughton 10 months, 3 weeks ago

Good Tuesday Morning. Apparently one poster is so dumbfounded on debt they are losing copious amounts of sleep over it. Obtaining a job is the first step, stepping back and accessing time spent being unproductive replying with no one that cares to listen is another. I have provided a useful link in support of an obvious fact.

http://www.netaddiction.com/

Good Day to All!

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