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Thread ID: 119704	2011-08-06 05:32:00	USA Debt	Happy Harry (321)	PC World Chat

Post ID	Timestamp	Content	User
1221202	2011-08-07 03:49:00	Total annual income for the Jones family: $21,700 Amount of money the Jones family spent: $38,200 Amount of new debt added to the credit card: $16,500 Outstanding balance on the credit card: $142,710 Amount cut from the budget: $385 The Jones family needs either a new job or an additional job. Likewise most of the Western World countries who continue to buy crap but sell bugger all. NZ included.	pctek (84)
1221203	2011-08-07 04:01:00	Obama's 'easy way out' simple solution: Start the money printing machine!	bk T (215)
1221204	2011-08-07 04:07:00	The Jones family needs either a new job or an additional job. Bankruptcy for the Jones would probably be quicker and less painful. Not so for Uncle Sam.	andrew93 (249)
1221205	2011-08-07 04:07:00	Obama's 'easy way out' simple solution: Start the money printing machine! I was under the impression his preferred strategy was reduced spending, while the opposition who control the other house wanted the debt limit raised and less of this crazy reduced spending....	Metla (12)
1221206	2011-08-07 04:13:00	One of the main reasons the USA and so many other countries have massive debts is because we live in a "must have it now" culture. Spending money we don't have on things we don't need to impress people we don't know. The Jones family needs either a new job or an additional job. Likewise most of the Western World countries who continue to buy crap but sell bugger all. NZ included. Both well said. Once this government gets back in and sells off the country's silver, we had better get out of the habit of buying the latest and greatest, but then there is always a catch to this as well, Microsoft is a prime example with software. But the saying is "we can't stand still" otherwise we are going backwards and that will never do, will it !. Lurking.	Lurking (218)
1221207	2011-08-07 04:34:00	@BM : that is easier to understand. We should do the same for NZ. Indeed Andrew we should. :thumbs: Extracting the exact figures is always a problem here but worth a try. :D	B.M. (505)
1221208	2011-08-07 05:02:00	@BM Why don't you give us the source of "your" figures rather than give the false impression that you constructed that analogy? Of course you could prove my suspicions wrong by doing the same thing for NZ.	martynz (5445)
1221209	2011-08-07 05:12:00	@BM Why don't you give us the source of "your" figures rather than give the false impression that you constructed that analogy? Of course you could prove my suspicions wrong by doing the same thing for NZ. Why don't "you" correct them then if you think they're wrong.	B.M. (505)
1221210	2011-08-07 06:04:00	@BM : that is easier to understand. We should do the same for NZ. No real need NZ's government is regarded as VERY fiscally responsible along with Australia. There is a detailed realistic plan to balance NZ's government books around 2015/2016 after the effects of the 2008 financial crisis. www.finfacts.ie NZ/Aus have historically borrowed and then paid down debt, its nothing new. The current big problem with the US is there is no such plan and sovereign debt to GDP is already around 3.5X greater than that of NZ.	Battleneter2 (9361)
1221211	2011-08-07 06:24:00	@BM Why don't you give us the source of "your" figures rather than give the false impression that you constructed that analogy? Of course you could prove my suspicions wrong by doing the same thing for NZ. There are just too many sites to quote that are repeating the same thing that BM appeared to pretend was his original work, and too many to find out the original source (that is left as an exercise for the reader ), here are some: www.warmglass.com www.xerraireart.com beforeitsnews.com _the_Ground:_What_Family_Would_Cut_385_of_Spending _in_order_to_Solve_16,500_in_Deficit_Spending.html thefamily.com picklyman.wordpress.com and dozens and dozens more............	Terry Porritt (14)
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