UK Karting - Notice Board (Chat) : Re: Dumb and Dumber (voters!)

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Re: Dumb and Dumber (voters!)
Posted by 'itpro' on 27 Feb 2013 @ 14:30

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itproJoined: August 2001
Total Posts: 6
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Ohhhh..... and by the way, the deficit HAS reduced. It's the DEBT that hasn't!

The 'deficit' is the amount which we spend exceeds what we earn. The debt is the ACCUMULATED deficits over the years.... i.e., the TOTAL that we owe for ALL the previous years not just THIS year!

In personal terms: If you earned Ł30k and spent Ł40k your 'deficit' would be Ł10k each year. If you did that for 2 years, your 'debt' would be Ł20k. If you got sensible and cut you expenditure in the third year to Ł30k you'd have cut you Ł10 deficit to Zero..... but you'd still have Ł20k debt (plus interest). Put crudely:-

Deficit over time leads to Debt!

Like most politicians, you need to understand the TERMS you are using before you use them!

All that our 'huge cuts' (that's a JOKE!!!) have done is REDUCED the amount we overspend each year, they have NOT cut the deficit to Zero and that's WHY we have actually INCREASED our debts! We'd need HUGE cuts.... R*E*A*L C*U*T*S.... if we want to reduce our DEBT!

Ian

Message Thread:

Dumb and Dumber by 'tweaker' (26 Feb 2013 @ 21:49)

Re: Dumb and Dumber (voters!) by 'itpro' (27 Feb 2013 @ 0:38)

Re: Dumb and Dumber (voters!) by 'michaelg36' (27 Feb 2013 @ 10:22)

Re: Dumb and Dumber (voters!) by 'michaelg36' (27 Feb 2013 @ 10:23)

Re: Dumb and Dumber (voters!) by 'itpro' (27 Feb 2013 @ 10:49)

Re: Dumb and Dumber (voters!) by 'richydehav' (27 Feb 2013 @ 12:26)

Re: Dumb and Dumber (voters!) by 'itpro' (27 Feb 2013 @ 13:56)

Re: Dumb and Dumber (voters!) by 'itpro' << You are here!

Re: Dumb and Dumber (voters!) by 'fatsam' (14 Mar 2013 @ 7:42)

Re: Dumb and Dumber (voters!) by 'itpro' (14 Mar 2013 @ 16:13)

Re: Dumb and Dumber (voters!) by 'Chris34' (27 Feb 2013 @ 14:37)

Re: Dumb and Dumber (voters!) by 'PaulMRotax' (27 Feb 2013 @ 16:03)

Re: Dumb and Dumber (voters!) by 'itpro' (27 Feb 2013 @ 16:36)

Re: Dumb and Dumber (voters!) by 'BanzaiBoy' (27 Feb 2013 @ 17:03)

Re: Dumb and Dumber (voters!) by 'itpro' (27 Feb 2013 @ 17:42)

Re: Dumb and Dumber (voters!) by 'Traxtar' (27 Feb 2013 @ 19:28)

Re: Dumb and Dumber (voters!) by 'Chris34' (27 Feb 2013 @ 19:39)

Re: Dumb and Dumber (voters!) by 'itpro' (27 Feb 2013 @ 20:50)

Re: Dumb and Dumber (voters!) by 'BanzaiBoy' (27 Feb 2013 @ 22:55)

Re: Dumb and Dumber (voters!) by 'PaulMRotax' (27 Feb 2013 @ 21:14)

Re: Dumb and Dumber (voters!) by 'itpro' (28 Feb 2013 @ 0:28)

Re: Dumb and Dumber (voters!) by 'RSBW' (28 Feb 2013 @ 4:26)

Re: Dumb and Dumber (voters!) by 'itpro' (28 Feb 2013 @ 10:14)

Re: Dumb and Dumber (voters!) by 'dynamax' (28 Feb 2013 @ 10:54)

Re: Dumb and Dumber (voters!) by 'richydehav' (28 Feb 2013 @ 12:18)

Re: Dumb and Dumber (voters!) by 'PaulMRotax' (28 Feb 2013 @ 11:17)

Re: Dumb and Dumber (voters!) by 'itpro' (28 Feb 2013 @ 11:32)

Re: Dumb and Dumber (voters!) by 'PaulMRotax' (28 Feb 2013 @ 12:50)

Re: Dumb and Dumber (voters!) by 'NikG' (28 Feb 2013 @ 16:25)

Re: Dumb and Dumber (voters!) by 'itpro' (28 Feb 2013 @ 20:24)

Re: Dumb and Dumber (voters!) by 'PaulMRotax' (01 Mar 2013 @ 9:50)

Re: Dumb and Dumber (voters!) by 'buzzinrussell' (01 Mar 2013 @ 15:39)

Re: Dumb and Dumber (voters!) by 'itpro' (01 Mar 2013 @ 17:55)

Re: Dumb and Dumber (voters!) by 'PaulMRotax' (01 Mar 2013 @ 22:10)

PaulM -Rotax by 'dynamax' (06 Mar 2013 @ 13:02)

Re: PaulM -Rotax by 'buzzinrussell' (06 Mar 2013 @ 13:43)

dynamax by 'PaulMRotax' (06 Mar 2013 @ 14:22)

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