Wouldn't you like to know.
Well, maybe you would. According to Mr. Data at the blog Still Liberal At 83, this is "a simple 100-year old method of placing earnings in one box and expenditures in another. At the end you know whether you personally or a company you work for made or lost money."
In the course of discussing how King George the Bush managed to turn a Clinton surplus into a deficit, Mr. Data said, "He simply forgot to pay for the wars in Iraq and Afghanistan. It was an honest mistake. He put all the costs in a large box and threw the box into the Potomac River."
Click HERE to read more on Standard Accounting Practices and discover the Republican's Catch 23 through 38.
Warren Langer is a joy to read.
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