ST Alpha - "The deficit is money in and money out. You can't just ignore a huge portion of the budget and then say the budget is balanced." (Reading a Post)

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In response to "CNN said 20 minutes ago Hillary was speaking at the Sun City Anthem community centre. I live in SCA. and went over to the community center. it is sold" by Peglegpete

The deficit is money in and money out. You can't just ignore a huge portion of the budget and then say the budget is balanced.

Posted by spamlet Jan 6 '16, 12:16

Government (nominally) doesn't have any control over accounting standards anyway.

Responses:

Sure, but there's deficit and "deficit". One example - the UK recently agreed to up its defence spending to 2% of GDP (under pressure from the US in - Roger More Jan 6, 12:23 2
- They are, but the same amount of cash is going out the door. In his plan, we're ignoring cash going out the door. - spamlet Jan 6, 12:24 1
  - I definitely agree his plan is flawed, but I see where he is going with it. He doesn't want those things held hostage to government shutdowns, etc -- nm - Roger More Jan 6, 12:36
Unless you're Enron. -- nm - Oswaldo MoBarony Jan 6, 12:18

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