Posted by MarkB_MI on January 12, 2015 at 16:40:12 from (70.194.1.73):
In Reply to: Re: 140 acres posted by Bret4207 on January 12, 2015 at 05:27:12:
>The fact is that the deficit is dropping because he's borrowing money to pay for it.
Bret, that's a bizarre statement.
Borrowing money increases the deficit. Or to be more correct, if you are running a deficit you can either borrow more money to cover your bills or you can stiff your creditors. We've seen what happens when Congress decides to welsh on its loans, so that's not an acceptable option, no matter what the tea partiers say. Which means the government has to borrow money until it can balance its books.
You are mistaken that we have to stop spending in order to balance the budget. Anybody who has ever worked for a living knows you can either reduce spending or increase revenue. It happens that for the past few years the government has been doing BOTH. The sequester has significantly reduced spending, particularly for the military. Meanwhile some, but not all, of the Bush tax cuts have expired. Also, the improved economy has increased tax revenue.
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 - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[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.
