formerexpat
Senior Member
Joined: Dec 18, 2010 12:09:05 GMT -5
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Post by formerexpat on May 24, 2011 20:32:23 GMT -5
Wouldn't government spending have to be a year in arrears to government receipts?
If last year's receipts were $2.2 trillion, wouldn't that mean that next years spending would be $2.2 trillion even though revenues could go up or down?
That's at least the way I reasoned that answer to be incorrect.
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billisonboard
Community Leader
Joined: Dec 20, 2010 22:45:44 GMT -5
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Post by billisonboard on May 24, 2011 20:43:53 GMT -5
If taxes equal government spending, then: government debt is zero printing money no longer causes inflation government is not helping anybody tax per person equals government spending per person on average tax loopholes and special-interest spending are absent
Not sure exactly why the first option isn't correct, maybe has something to do with the idea that if we balanced the budget this year we would still have debt, the old deficit/debt issue. Didn't read that into the simple little question that was actually asked. That being said, the "tax per ..." was a better choice due to the complexity of the wording.
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henryclay
Senior Member
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Post by henryclay on May 24, 2011 20:46:07 GMT -5
expat, et al. The "Separation of Church and State" origin is a real setter-backer. It is a prime example of what Hienrich Himmler made famous: Tell a lie often enough and it will soon become the guidance for all related activities.
The phrase, "separation of church and state" wasn't even coined until some few years before WWII, and wasn't a factor until one somebody sued another somebody in 1947. At least that's what Wikipedia says about it.
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chiver78
Administrator
Current Events Admin
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Post by chiver78 on May 24, 2011 20:51:59 GMT -5
expat, et al. The "Separation of Church and State" origin is a real setter-backer. It is a prime example of what Hienrich Himmler made famous: Tell a lie often enough and it will soon become the guidance for all related activities. The phrase, "separation of church and state" wasn't even coined until some few years before WWII, and wasn't a factor until one somebody sued another somebody in 1947. At least that's what Wikipedia says about it. wow, thass some dadburned fine English y'all is speakin', thar. a setter-backer?? we ain't nevah gonna dig ourselves outta that hole!
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EVT1
Junior Associate
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Posts: 8,596
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Post by EVT1 on May 24, 2011 21:28:27 GMT -5
"Not sure exactly why the first option isn't correct, maybe has something to do with the idea that if we balanced the budget this year we would still have debt, the old deficit/debt issue."
My guess is it is because it requires assuming a starting debt of zero which wasn't given- or there will always be outstanding debt and receivables.
I guess I over thought the correct answer, since using a straight average of (taxes/people) to (spending/people) makes them exactly equal. Too easy to be right?
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billisonboard
Community Leader
Joined: Dec 20, 2010 22:45:44 GMT -5
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Post by billisonboard on May 24, 2011 21:31:25 GMT -5
"Not sure exactly why the first option isn't correct, maybe has something to do with the idea that if we balanced the budget this year we would still have debt, the old deficit/debt issue." My guess is it is because it requires assuming a starting debt of zero which wasn't given- or there will always be outstanding debt and receivables. I guess I over thought the correct answer, since using a straight average of (taxes/people) to (spending/people) makes them exactly equal. Too easy to be right? I think it was cheating because they didn't say that there would be any math on the test.
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pappyjohn99
Familiar Member
The driveway needs a little work.
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Post by pappyjohn99 on May 24, 2011 22:18:18 GMT -5
32/33 I am amazing!
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burnsattornincan
Well-Known Member
Joined: Dec 25, 2010 23:05:21 GMT -5
Posts: 1,398
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Post by burnsattornincan on May 24, 2011 23:57:51 GMT -5
24/33 for Burns. Beat most of you dumb Americans from the averages shown after completion. I should have done better though. Oh well.
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Post by mtntigger on May 25, 2011 7:02:56 GMT -5
30 out of 33.
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Post by privateinvestor on May 25, 2011 7:52:42 GMT -5
Piece of cake IMHO
Results
You answered 33 out of 33 correctly — 100.00 % If you have any comments or questions about the quiz, please email americancivicliteracy@isi.org. You can consult the following table to see how citizens and elected officials scored on each question.
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Post by privateinvestor on May 25, 2011 8:46:22 GMT -5
24/33 for Burns. Beat most of you dumb Americans from the averages shown after completion. I should have done better though. Oh well. Mr Burns you are not supposed to take this exam while you are watching the Canucks vs Sharks.....try again and concentrate more this time.... Bruins vs Lightening tonight which is going to be awesome hockey again with TT doing his thing....P.I.
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burnsattornincan
Well-Known Member
Joined: Dec 25, 2010 23:05:21 GMT -5
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Post by burnsattornincan on May 25, 2011 9:39:34 GMT -5
Mr. PI, so nice to see you. Yes, I was a little distracted with the game but better I did it then because there is no way I'll be doing anything else tonight except watch the Bruins. /Dalton
Oh, I knew you would ace that little quiz.
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❤ mollymouser ❤
Senior Associate
Sarcasm is my Superpower
Crazy Cat Lady
Joined: Dec 18, 2010 16:09:58 GMT -5
Posts: 12,857
Today's Mood: Gen X ... so I'm sarcastic and annoyed
Location: Central California
Favorite Drink: Diet Mountain Dew
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Post by ❤ mollymouser ❤ on May 25, 2011 10:06:57 GMT -5
Is there a Canadian version that Mr. Burns can take? (And that we can try?) I wonder...
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