InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
78.70
(
0.00%
)
Bitcoin
63,024.98
(
0.92%
)
Post# of 496642
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

wall_street61

Send PM Follow Ignore
Followers 72
Posts 1568
Boards Moderated 1
Alias Born 05/05/2009

wall_street61

Re: fuagf post# 182081

Friday, 08/17/2012 12:46:52 AM

Friday, August 17, 2012 12:46:52 AM

Post# of 496642

thing is household vs government is not a valid comparison when it comes to debt .. there is a post on that somewhere ..

Okay, how about state vs federal.

How about California vs U.S.

California can't print their own money, hence they have a debt crisis. Obviously, their tax rates, which are higher than most all of the other states, have not lead to 'economic booms'.

If Krugman was correct, California would have a cash surplus. LOLOLLLLL
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up