Do not negotiate on the debt ceiling Joe!

Author: IwantRooseveltagain

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#31
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@IwantRooseveltagain
You asked "Did the government earn interest on loans it made to corporations like AIG after the financial crash of 2008?"

Even a thief makes money from a fence. 
#32
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@IwantRooseveltagain
You stated "Yes, consumer spending is 70% of GDP in this country. That’s why raising the minimum wage is good for GDP. The poor will spend the increase."

And the "ten dollar taco"?



#33
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@oromagi
@FLRW
Trump was sworn into office. To be fair, he did give himself a big tax break. Putin told him to cut taxes on the rich and that it wouldn't hurt the country.
2017 huge tax cuts--republicans gift themselves and rich--- meant less revenue to pay for rising debt, and  then pandemic hit and debt soared even higher.

The problem is 2-fold:

1} too much spending, and,

2} not enough revenue. 

There is probably some simple math to associate with this above 1 and 2, however, I'm not a mathematician nor and economist.

Rising spending 1+++

Less revenue  - - -1

=  USA empire will default in near future?

#34
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@ebuc
=  USA empire will default in near future?
Ok Putin
#35
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@IwantRooseveltagain
I said "Many economists believe that  consumer spending has a much greater impact on GDP."

You said "Yes, consumer spending is 70% of GDP in this country. That’s why raising the minimum wage is good for GDP. The poor will spend the increase."

Actually it is a zero sum game. If all federal spending that is included in the GDP calculation were to disappear, the other inputs would quickly rise to total 100% of GDP.
( and that is the type of logic I see coming out of DC). 

#36
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@Greyparrot
Ok Putin
Putin >
>>Trumpet
>>> Apocalypse Pence
>>>>> Ron De Sanctimonius
>>>>>>> Orange-Grey-Parrot
>>>>>>>>>>> USA empire defaults in near future
>>>>>>>>>>>>>> end of liberty{?}, justice-for-all{ ? } and the American way?

We all live in a sinking submarine, a sinking submarine, a sinking submarine..sung to 60's Beatles tune
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#37
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@prefix
You have a private pension? Please explain. You had a job for 40 years that required you to pay into Social Security but your benefits will come from a private company?
#38
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@ebuc
The smartest Republican President was Dwight D Eisenhower, who had a top tax rate of 90 percent. The stupidest Republican President cut the top tax rate to 37 percent. Also, he increased the national Debt 39 percent.
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#39
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@prefix
Even a thief makes money from a fence. 
Who’s the fence in that scenario?

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#40
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@prefix
Actually it is a zero sum game. If all federal spending that is included in the GDP calculation were to disappear, the other inputs would quickly rise to total 100% of GDP.
Oh really? Says who? And how would we fund the military?

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#41
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@prefix
FYI.   Cut and paste my quote.

Then select quotes from the line menu above. That’s how you highlight the other guy’s post.
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#42
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@prefix
My use of Medicare is very minimal 
Really? Define minimal. Once a month? Once a year?

#43
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@IwantRooseveltagain
You have a private pension? Please explain. You had a job for 40 years that required you to pay into Social Security but your benefits will come from a private company?
When I entered government service, I opted out of social security in favor of a private pension that I selected from an approved list. 
#44
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@IwantRooseveltagain
Even a thief makes money from a fence. 
Who’s the fence in that scenario?

A better question is "who is the thief"
#45
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@IwantRooseveltagain

Actually it is a zero sum game. If all federal spending that is included in the GDP calculation were to disappear, the other inputs would quickly rise to total 100% of GDP.
Oh really? Says who? And how would we fund the military?

Your comment has three parts

#1 Oh really......YES
#2 who says .....MATH, ECONOMICS, LOGIC, BUSINESS ADMIN.......
#3 how to fund the DOD ........Illogical. The discussion is not about what the feds spend money on.
#46
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@IwantRooseveltagain
FYI.   Cut and paste my quote.

Then select quotes from the line menu above. That’s how you highlight the other guy’s post.
 That might work in Windows. I use LINUX. I found a workaround.
#47
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@IwantRooseveltagain
My use of Medicare is very minimal 
Really? Define minimal. Once a month? Once a year?

Twice per year.
#48
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@IwantRooseveltagain
Hey man. Thanx for helping me get to 25 forum comments.
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#49
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@prefix
When I entered government service, 
Lol, so you worked for the government.  You are going to get a government pension that is better than social security by just paying into SS and you’re bitching. 
And you don’t have a private pension, you have a government pension. Nice try weaseling out of that fact.

Unbelievable 

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#50
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@prefix
A better question is "who is the thief"
No, because there is no thief or fence.

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#51
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Oh really......YES
#2 who says .....MATH, ECONOMICS, LOGIC, BUSINESS ADMIN.......
Your math? Your logic? I don’t think so. What is your degree in?
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#52
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Twice per year.
How old are you?

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#53
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@prefix
Hey, you figured it out. Nice
#54
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It's clear that you have strong opinions about Republicans and their actions. Political debates can be heated and divisive, and it's important to approach discussions with respect and open-mindedness. It's worth noting that political parties are composed of diverse individuals with varying beliefs and actions. Not all Republicans hold the same views or act in the same way, just as not all Democrats or members of any other political party do.

It's important to remember that political decisions and actions are influenced by a variety of factors, including individual beliefs, party dynamics, and the political climate at the time. While it's understandable to have concerns or disagreements with specific actions or policies, it's essential to engage in constructive dialogue and focus on specific issues rather than making broad partisan generalizations about an entire group of people.


#55
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@FLRW
stupidest Republican President cut the top tax rate to 37 percent.
.."After the House vote, Trump praised House Republican leadership for delivering the $1.5tn tax cut plan."

national debt ++++++++>>>>

National revenue - - - - <<<<<<

The American way,
>>>sleep in the hay,
>>>>>fear not they say,
>>>>>>>on the very next day,
>>>>>>>>>>>when all the but rich,
>>>>>>>>>>>>>>>will have to pay.

Few consider,
>>>the global litter,
>>>>>and resources turn bitter,
>>>>>>>>>and slowly we fall into cosmic twitter,
>>>>>>>>>>>>tik-tok-tik-toc,
>>>>>>>>>>>>>>as humanity awaits,
>>>>>>>>>>>>>>>>>>>Earths baby sitter.
#56
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@prefix
Do not negotiate on the debt ceiling Joe!
The official policy is we don't negotiate with terrorists, even when they are holding the government as a hostage.
#57
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@Sidewalker
One man's elected democratic representative is another dictator's terrorist.
#58
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Biden is already caving lol
#59
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@ILikePie5
It's amazing when democratically elected representatives stand up to an uncompromising tyrant. Rare and beautiful.
#60
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@Sidewalker
Do not negotiate on the debt ceiling Joe!
The official policy is we don't negotiate with terrorists, even when they are holding the government as a hostage.

I hope your comment is an expression of your humor and not an expression of your ignorance.