March 11, 20214 yr 24 minutes ago, Lloyd said: Where'd you get those numbers though? Hard to trust any numbers that don't come from the state of Alabama.
March 11, 20214 yr What to watch today: Dow set to add to Wednesday's record high close https://www.cnbc.com/2021/03/11/what-to-watch-today-dow-set-to-add-to-wednesday-record-high-close.html Sleepy Joe just keeps breaking records. Simply incredible. The market's soaring so high, we might erase all of our national debt by year's end. I'm not saying he's the greatest leader in the history of mankind, but other people are saying it.
March 11, 20214 yr 13 minutes ago, mr_hunt said: president biden is making america great once more MAGOM!!!
March 11, 20214 yr 56 minutes ago, VanHammersly said: Republicans pretending to care about debt. Both sides are guilty of this one depending on who is in the Oval Office
March 11, 20214 yr Just now, sameaglesfan said: Both sides are guilty of this one depending on who is in the Oval Office Democrats don't campaign on strict budget responsibility, don't protest over government spending, and don't play both sides when it comes to voting for spending either. Republicans entire opposition movement is "no more spending!" and then when they get in office, they can never stop spending. They're the hypocrites on this one.
March 11, 20214 yr 33 minutes ago, we_gotta_believe said: What to watch today: Dow set to add to Wednesday's record high close https://www.cnbc.com/2021/03/11/what-to-watch-today-dow-set-to-add-to-wednesday-record-high-close.html Sleepy Joe just keeps breaking records. Simply incredible. The market's soaring so high, we might erase all of our national debt by year's end. I'm not saying he's the greatest leader in the history of mankind, but other people are saying it. he's doing so many bigly things so far.
March 11, 20214 yr 5 minutes ago, VanHammersly said: Democrats don't campaign on strict budget responsibility, don't protest over government spending, and don't play both sides when it comes to voting for spending either. Republicans entire opposition movement is "no more spending!" and then when they get in office, they can never stop spending. They're the hypocrites on this one. Exactly. They really can't call themselves "conservatives" anymore because they simply have no interest in conserving. Trump raised income taxes on Americans and spent like a drunken sailor. The republican party stands for very little. They care about 3 things... Guns Getting rid of Mexicans no abortions for poor people You could probably add oppressing black people and gay/trans people to that list. They seem pretty unified on that.
March 11, 20214 yr Author 2 hours ago, The Norseman said: National Debt is Skyrocketing at Record Pace Wait, I'm sorry...
March 11, 20214 yr 1 minute ago, Gannan said: Exactly. They really can't call themselves "conservatives" anymore because they simply have no interest in conserving. Trump raised income taxes on Americans and spent like a drunken sailor. The republican party stands for very little. They care about 3 things... Guns Getting rid of Mexicans no abortions for poor people You could probably add oppressing black people and gay/trans people to that list. They seem pretty unified on that. What's funny is that we already know how the next few years will play out. Republican opposition to spending (using this bill as their launching off point but pretending like their opposition started under Trump), "grassroots" campaigns on the right against spending, either revising the Tea Party or starting some new protest movement based around less federal spending and founding fathers cosplay, while simultaneously supporting the re-election of the President with the biggest spending term in US history. So their "solution" to federal spending will be even more federal spending.
March 11, 20214 yr Author 1 hour ago, The Norseman said: We equally enjoy the periods of time when Democrat's are not in office and complain about the National debt Actually, we really don't complain about the debt itself. We realize that debt is an inevitable function of a healthy modern society existing in an inudstrialized, first-world economy and functioning within a global, hypercapitalist system. We just complain about using the debt to finance foreign wars and tax breaks for billionaires and corporations.
March 11, 20214 yr 5 minutes ago, EaglesRocker97 said: Wait, I'm sorry... They went from "the President's signing my stimmy!" "Oh, you don't want yours, I'll take it!" to "My children are saddled with debt!" in 2 months. 2 months. The most obvious plot twist in history.
March 11, 20214 yr 26 minutes ago, sameaglesfan said: Both sides are guilty of this one depending on who is in the Oval Office I agree, but... Didn’t Trump say he was going to pay off the national debt by the end of his first term?
March 11, 20214 yr 10 minutes ago, Dave Moss said: I agree, but... Didn’t Trump say he was going to pay off the national debt by the end of his first term? He may have - but he was a notorious snake oil salesman
March 11, 20214 yr Author 13 minutes ago, sameaglesfan said: he was a notorious snake oil salesman People used to say, "Wouldn't it be great to have a businessman run the country like a business!" Aside from the fact that a country needs to be run differently than a private business, we constantly told people that Trump was actually a terrible businessman, that his typical MO was to actually destroy the businesses he took over and then walk away with it going down in flames, leaving the investors and contractors holding the bag. Unsurprisingly, he ran the country in the exact same way he ran his businesses: straight into the ground. Trumpbots on Jan. 20:
March 11, 20214 yr 24 minutes ago, Dave Moss said: I agree, but... Didn’t Trump say he was going to pay off the national debt by the end of his first term? After first saying he would default on the debt because he could negotiate it down with China. What a freaking clown.
March 11, 20214 yr 2 hours ago, Gannan said: Fun fact... You have absolutely no idea how the national debt works. Go educate yourself on mandatory spending.
March 11, 20214 yr 2 minutes ago, The Norseman said: You have absolutely no idea how the national debt works. Go educate yourself on mandatory spending. deficit = revenue - spending. if you cut revenue by cutting taxes, but do nothing to reduce spending, you increase the deficit. calling it "a spending problem," as part-time debt hawks do, ignores half of the equation. deficits increase in one of two ways: increased spending without increased revenue, or decreased revenue without decreased spending. either way causes deficits, and thus the debt, to accumulate. if you decide you are going to cut revenues without doing the hard part and cutting programs that are part of mandatory spending, you do not get to argue that we have a spending problem that you did nothing to solve when you had the power to do so.
March 11, 20214 yr 2 hours ago, Alpha_TATEr said: wait, you're so deranged that you think the republicans are not part of this mess ? Once again, mandatory spending is spending on the debt on the big three social programs is what fuels the large majority of our national deficit. All three programs were implemented by Democrats and the debt is growing exponentially year after year. This means that every president will spend more than the one before them if they literally do nothing. Current presidents only have control over discretionary spending unless unless they want to tackle Social Security, Medicare or Medicaid. Republican's blow money on the military and democrats below money on more social programs....all discretionary spending. Therefore, discretionary spending is basically a wash. So how is it not fair again to blame the party that implemented the big three social programs that have saddled us with exponentially growing this debt burden? Seems pretty clear to me.
March 11, 20214 yr Just now, The Norseman said: You have absolutely no idea how the national debt works. Go educate yourself on mandatory spending. I would tell you to stop embarrassing yourself, but it's too much fun watching you flail in your own ignorance. Go back and read my post. Sound the words out if you have to. Trump ADDED 31.3% on top of Obama's budget. That wasn't all from mandatory spending doofus. It was because Trump thought it would be fun to make giant corporations like Amazon pay 0% in taxes, he gave a giant BJ to defense contractors by raising military spending (then later voting against a pay raise for our troops being the C smoker he is), he also paid farmers to not grow anything. He signed into law 2.1 trillion WITH A T of new discretionary spending.
March 11, 20214 yr 2 minutes ago, JohnSnowsHair said: deficit = revenue - spending. if you cut revenue by cutting taxes, but do nothing to reduce spending, you increase the deficit. calling it "a spending problem," as part-time debt hawks do, ignores half of the equation. deficits increase in one of two ways: increased spending without increased revenue, or decreased revenue without decreased spending. either way causes deficits, and thus the debt, to accumulate. if you decide you are going to cut revenues without doing the hard part and cutting programs that are part of mandatory spending, you do not get to argue that we have a spending problem that you did nothing to solve when you had the power to do so. We don't have a spending problem or a tax problem, we have an interest payment problem.
March 11, 20214 yr Just now, The Norseman said: Once again, mandatory spending is spending on the debt on the big three social programs is what fuels the large majority of our national deficit. All three programs were implemented by Democrats and the debt is growing exponentially year after year. This means that every president will spend more than the one before them if they literally do nothing. Current presidents only have control over discretionary spending unless unless they want to tackle Social Security, Medicare or Medicaid. Republican's blow money on the military and democrats below money on more social programs....all discretionary spending. Therefore, discretionary spending is basically a wash. So how is it not fair again to blame the party that implemented the big three social programs that have saddled us with exponentially growing this debt burden? Seems pretty clear to me. so what you're saying is that social programs that were passed into law by elected representatives of the people, that resulted in mandatory spending that modern Republicans do not like, cannot possibly be cut or downsized because it would cause a backlash from *checks notes* the citizens of the United States, and that in response it's entirely rational for the Republican party to tell the American people "you can have the expensive social programs that you like AND we can also cut taxes, but the deficits are ONLY because of the programs you won't let us cut"? do you not see a problem here?
March 11, 20214 yr 1 minute ago, Gannan said: I would tell you to stop embarrassing yourself, but it's too much fun watching you flail in your own ignorance. Go back and read my post. Sound the words out if you have to. Trump ADDED 31.3% on top of Obama's budget. That wasn't all from mandatory spending doofus. It was because Trump thought it would be fun to make giant corporations like Amazon pay 0% in taxes, he gave a giant BJ to defense contractors by raising military spending (then later voting against a pay raise for our troops being the C smoker he is), he also paid farmers to not grow anything. He signed into law 2.1 trillion WITH A T of new discretionary spending. And by this logic Biden will greatly outspend Trump. Aren't you outraged? What you don't (or won't) understand is that very little of what we do in terms of taxation and discretionary spending matters. Its the interest on our debt that represents the large majority of our spending. This interest grows if we do nothing.
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