[ExI] I Miss The King of Extropia
John Clark
johnkclark at gmail.com
Mon Jul 18 15:25:56 UTC 2016
On Sun, Jul 17, 2016 at 10:50 PM, spike <spike66 at att.net> wrote:
>
> >
> If an entity continues to spend more than it takes in, and does it long
> enough, that entity will eventually go bust.
>
>
Not if the entity continues to increase the amount of money it takes in
from year to year, and if technology advances (and as a Extropian I think
it just might)
that is a entirely reasonable possibility. But if you're really worried
about debt you should vote for the Democrats not the spendthrift
Republicans. Republican Bush Senior gave Democrat Clinton a 269 billion
dollar budget deficit,
Democrat Clinton
gave Republican Bush Junior a 127 billion dollar budget SURPLUS,
Republican Bush Junior gave Democrat Obama a 1.4 TRILLION dollar budget
deficit, so far Obama has reduced the deficit to 492 billion.
John K Clark
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