uncle sugar's fuzzie math

[jefhatfield]

how come our government does not depreciate old equipment?

businesses do...am i missing something here?

[CorvusCamenarum]

how come our government does not depreciate old equipment?

businesses do...am i missing something here?

Because the government doesn't have to be bothered with things like accounting? ;)

In all seriousness, though, based on my limited knowledge of accounting, wouldn't that just add another expense to the bottom line that would make the government appear even more in the red than it already is?

[mischief]

... wouldn't that just add another expense to the bottom line that would make the government appear even more in the red than it already is?

When you let a carcass hemmorhage long enough what once came out red eventually turns black. I think this may be the hope of the current batch of Lizzards. Why learn accounting when all you need to know can be learned in a Texas Abbatoir eh?:eek: