ThatOwlWoman
Leftist Vermin
All true. Yet despite this, the economy -- and the national debt -- fare much better under Democrat Presidents than under Republican.
D day June 1 2023?
- Thread starter signalmankenneth
- Start date
All true. Yet despite this, the economy -- and the national debt -- fare much better under Democrat Presidents than under Republican.
How profoundly stupid that was. The debt limit was raised 3 times during Trump without the Dems playing the brinksmanship game. The Dems know how dangerous not paying our bills is. The Reds do not care if they cause enormous damage. This is "getting" the leftys. The reds show they will hurt themselves and the nation to do that.
Callinectes
Proud MAGA Semi-Facist
Yes. Those were great days.
Dutch Uncle
* Tertia Optio * Defend the Constitution
Trumpian wackadoodles only care when the national debt is increased by Democrats, not themselves. This is one reason why they are hypocrites.
https://www.pewresearch.org/short-reads/2023/02/14/facts-about-the-us-national-debt/
T. A. Gardner
Thread Killer
The Democrats think they can successfully blame the Republicans for it failing.
evince
Truthmatters
How did you become so badly informed?
evince
Truthmatters
That is not how our system works
evince
Truthmatters
evince
Truthmatters
How do you do that idiot?
evince
Truthmatters
Yes Clinton balanced the budget
And your shits played stupid threat games instead of governing
Newt also was fucking his crazy eyed female aide while trying to Impeach Clinton for not fucking his aide
Tinkerpeach
Member
You can’t
Dutch Uncle
* Tertia Optio * Defend the Constitution
I'm curious too. She claims to be "retired"* but if she's in debt, I fail to see how that works.
*Trumper word for "unemployed" and on public assistance.
evince
Truthmatters
What would happen to a nation who never used debt?
evince
Truthmatters
So you like the idea of none of your Republican base getting their SS checks?
Dutch Uncle
* Tertia Optio * Defend the Constitution
A balanced budget is a good goal. Sometimes debt is necessary, especially for large projects.
On the individual level, people can rarely buy a home without a mortgage. They need reliable transportation for work and that usually involves a loan for a car. The big difference being is how big are the loans? Do they buy a house with an ARM that they can't afford when the payments increase? That's what caught several dumbasses flatfooted during the housing crisis. Do they buy a truck with all the bells and whistles that sits outside the trailer they rent? Or do they buy a home they can easily afford to accrue equity and a reliable car is inexpensive to operate and can be paid off in 3 years?
Most of the Insurrectionists, about 2/3's, not only had mental issues but severe financial issues. IMO, the two go hand-in-hand because stupid and/or mentally ill people are lousy at managing their own money.
Speaking from my own experience, it's natural for young people to go into debt; graduated from college with a little debt (about $50K in today's dollars), was working in a decent job with companies throwing themselves at me offering credit..which I took. Four years later I was doing my taxes and only had the standard deduction despite treading water with interest payments. The banks were making money and I wasn't. It took about 3 years of belt-tightening, but I had my finances under control, established a savings plan and still had money to have fun on Friday nights and Saturdays.
Congress needs to learn this same lesson.
T. A. Gardner
Thread Killer
If you can shake off your bleary-eyed buzz long enough, do tell us how is does work then...
evince
Truthmatters
When you are young your biggest asset is the years you have left to live
Debt is a financial tool
And it makes perfect sense to barrow for a home or large asset
Before you die you have plenty of years to pay off all that debt
In the end it’s all paid off (if you have the contains to manage money correctly)
A NATION DOES NOT DIE
A nation builds things for the NEXT GENERATION
So death is not part of the equation
It’s SO FUCKING SIMPLE IT HURTS
Any sane nation always has debt
It’s utterly insane to plan for the DEATH OF YOUR NATION
BartenderElite
Verified User
We are obligated to pay our debts.
If the GOP prevents that - voters need to remember. Because the world after we default will be shockingly different to many. I don't think a lot of people understand the stakes right now.
No one is going to care about whose picture is on a can of Bud Light if we default.
If the GOP prevents that - voters need to remember. Because the world after we default will be shockingly different to many. I don't think a lot of people understand the stakes right now.
No one is going to care about whose picture is on a can of Bud Light if we default.
evince
Truthmatters
Dear fucking idiot
The majority is supposed to negotiate with their fellow members
That is how it was planned to work by the founders
The majority of the house has to take into consideration that THE PEOPLE picked the president
It’s idiotic for them to draft things and heave it around when the PRESIDENT THE PEOPLE PICKED already said he will not sign it
The republicans are trying to destroy the system the founders clearly laid down
Fuck you very much
T. A. Gardner
Thread Killer
Both the president (aka Joke) and leader of the Senate (Schumer) who are DEMOCRATS, REFUSED to do any sort of negotiation whatsoever. That meant the House Republicans had no choice but to pass their bill without any. And, they did. Now Schumer says it is dead on arrival and won't consider it, and Joke in the White House is saying he'll veto it. So, it is once again--get it through your drug addled brain--TOTALLY THE DEMOCRAT'S FAULT AT THIS POINT. It is 100% the Democrat's fault if the debt ceiling doesn't get raised and the US defaults on their debt.