Bussy_Getta
New member
"not i" said the cat
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Jonas.dini;3065877 said:I'm definitely a not teabagger... but Obama ain't played nobody
onepunch;3065983 said:when the group of 12 (6 dem 6 rep) get together to figure out the rest of the cuts....medicaide, medicare, and ss are proteted and off the table....revunues and fixing the loop holes is fair game...who played who?
onepunch;3065983 said:when the group of 12 (6 dem 6 rep) get together to figure out the rest of the cuts....medicaide, medicare, and ss are proteted and off the table....revunues and fixing the loop holes is fair game...who played who?
Jonas.dini;3066112 said:Why would the Democrats be all gung ho about cutting spending when debt as a % of GDP isn't even in the danger zone? Why are the Dems advocates of cutting the deficit and cutting spending (no revenue increases btw) instead of creating jobs? Answer is that they've been manipulated into adopting a Republican paradigm for economic policy... so who played who dunny?
politicalthug202;3066121 said:debt to gdp is like 70-80% thats not good homie, only reason interest rates are low
is because europe is fucking up right now
Sh0t;3066137 said:What level is the danger zone? Any level you pick will be totally arbitrary.
Any government debt is a political danger zone because it's a way for politicians to spend more upfront without having to answer to the public about tax policy. Then after it's spent, they guilt trip us about "honoring debts."
It should be illegal by pain of death, torture and other cuddly things for a politician to even PROPOSE government debt or taxation through inflation. Which, interestingly, was actually proposed back in 1789. It almost got proposed as an amendment to the constitution.
The global economy btw is becoming increasingly NON dollarized. The petro-dollar is on its last legs. And when that end comes, America will experience the full brunt of all the inflation we currently export to asia
Sh0t;3066137 said:What level is the danger zone? Any level you pick will be totally arbitrary.
Any government debt is a political danger zone because it's a way for politicians to spend more upfront without having to answer to the public about tax policy. Then after it's spent, they guilt trip us about "honoring debts."
It should be illegal by pain of death, torture and other cuddly things for a politician to even PROPOSE government debt or taxation through inflation. Which, interestingly, was actually proposed back in 1789. It almost got proposed as an amendment to the constitution.
The global economy btw is becoming increasingly NON dollarized. The petro-dollar is on its last legs. And when that end comes, America will experience the full brunt of all the inflation we currently export to asia
tru_m.a.c;3066189 said:not to mention all of y'all are talking about this debt to gdp ratio shit without taking into account that once the bush tax cuts expire, it relieves the economy of an unnecessary burden
it doesn't...MeTaL;3066341 said:Is it just me, or does this seem like the worst idea ever? How does cutting the funding for those who have been out of work for an extended period of time help the economy? I only ask because if they can't afford to buy food and clothing and pay their bills, won't someone else lose their job? I know personally that you cannot live off unemployment, but you can survive until you find a job. All the money from unemployment goes right back into the system. Didn't we do this in the 30's? Look where that got us.
kingblaze84;3068263 said:Also no plan to create jobs in this deal.....very sad!