"I like DJT because he seems like a real down to earth, regular guy" - DPSUP

Ok dude, let's shift our tack here for a minute. Let's talk about budget deficits.

My extremely limited business experience has shown me that almost every successful business model consistently operates in a deficit mode. The execs that pull all the strings call it "leveraging" , and borrow money and leverage the value of equity of the company to grow their operations.

Almost every single business uses this model for growth and success. The ones that appear to get into trouble are the businesses that extend themselves past the actual liquid value of their holdings, and can't produce enough value to pull themselves out of the hole. Ergo, bankruptcy.

So it seems to me that the politicians use the deficit as a political football, but really have no intention or interest in having the country running in the black. It's not a money maker, and makes the cost of doing business more expensive.

After all, isn't the country just a big business entity? I think the U.S. of A is currently worth more than $20 trillion dollars.

 

Scotty, you may have missed this last month but it's worth a watch. It should alleviate some concern. This guy is sharp, pay attention...

[video=youtube;-adHOANITpo]https://www.youtube.com/watch?v=-adHOANITpo[/video]

 

Thats why i didn't portray it in partisan asspects. It was a issue during the Bush years, and Bush largely ignored it (and made it worse). It was an issue during the Obama years, and Obama largely ignored it (and made it worse). The huge national debt is still an issue and i was pointing out that i don't see Pres. Trump doing enough to highlight it (the way he does other issues that at least i think are less dooming in the long term as a $20 trillion debt). I don't think we have a disagreement here do we?

 

I don't think we have a disagreement here, agreed. Which, may be a first for the two of us.

BTW, Interior announced just a few days ago that they're chopping 4,000 people. And I know people around here, govt employees, who are *****ing that they can no longer get all their personal items done during the day because the agencies are making them work a full day.

I doubt that anything will actually change, just saying that's what's in the breeze here these daze.

 

My experience with government employees (local government) it that the great majority are overpaid and underworked. And I have meet maybe a handful who would actually be able to hold a job in the private sector without being poopcanned within a few months. And a lot of them have the same last names of people on the council.

 

I don't know about this, Keed. From my perspective as biz owner for nearly 30 yrs, debt is utilized for two reasons: to get over a dry spell when revgen isn't happening as needed/planned (and you as the owner don't want to lay off trained, and valuable, employees) and to generate more revenue. That's it.

Debt can be long-term if you're utilizing it as leveraging more revenue directly from what you're doing with the debt. For example, you want to expand your fleet of revenue generating service vehicles. You'd go into debt to do that, because you minimize your cash outlay, you utilize other people's money to expand your operations & you have positive tax implications from the interest & depreciation & other asspects.

You gotta be careful with debt. It's usually short-term not long-term in nature for biz guys. Despite what you may be reading, the best-run businesses (financially) are cash positive in flow, sit on a pile of cash for acquisitions or whatever may crop up & utilize debt only as a short-term arrow in their quiver.

That's private sector.

The govt is an entirely different animal.

The govt can literally print money. Can raise taxes. Can seize property. Can seize materials. Can raise fees. Can eliminate services. Can do a host of things that private sector can never do & survive. The govt has zero financial accountability. A private sector company can't function very long deeply in debt.

Although Bezos & AMZN, and Musk & TSLA are adept smoke 'n mirrors card sharps who know how to never make a profit & yet still retain high valuations. Butt those sort of asspects are another topic.

 

oh the horror! do your own sh1t on your own time, lol

 

Exactly....we are all chortling at their woe-is-me crap

 

And they are basically impossible to get rid of due to laws that protect there jobs. They have no type of reviews to determine if they are doing a good or poor job. And if they are for some reason let go you are pretty much assured that a lawsuit will soon follow which will be, you guessed it, paid for by the taxpayers.

 

Oh and they are basically the only jobs these days that still have pensions which are guaranteed by you and me tax payer.

 

Just another Gubmint perk lol. One that I prolly abused

 

worked for state once or twice, I know the drill, but some of those people are a fkn joke for sure