10 myths about govt debt - Professor Anthony Davies

By people, both inside and outside of the States.

Like, who, specifically?

Who has said they have no confidence in the US dollar, other than you?


Already people are looking for another currency.

Stupid people, sure.

People who don't know what they're talking about, sure.

Idiots and long haul COVID brain foggers, sure.
 
the "Fix" is not intended to solve the unfunded but rather to get us to a balanced budget which will allow us to make "minimum payments" on the debt service.
I really dont think there is any answer to paying the debt but, as you point out everyone is in the same boat so we will likely find out what the real solution is.

one thing for sure, it wont be pretty, better to be on the side with the best military.

China seems to be taking that tack.

The interest on the debt of $0.422 trillion, and the current debt is approx $30 trillion. None of this has anything to do with unfunded liabilities.
 
The Trump ones were $2T, the Bush ones were about $10T, and the Reagan ones were about $3T.
You are making up numbers again. Argument from randU fallacy.
Yes, there is...$15T and not a single fucking thing to show for it.
Argument from randU fallacy.
Fallacy fallacy fallacy, attempting to spike the debate by calling everything a fallacy.
Denial of logic. Trolling. No argument presented.
 
Nope. That is a lie. It's not unfunded at all. What are you even talking about?

Since you do not understand the concept of an unfunded liability and have closed your mind due to bulverism, there's no point my explaining it to you. Go learn this stuff yourself.
 
Like, who, specifically?

Who has said they have no confidence in the US dollar, other than you?




Stupid people, sure.

People who don't know what they're talking about, sure.

Idiots and long haul COVID brain foggers, sure.

Denial of history. Insult fallacies. Trolling. No argument presented.
 
Not according to the Supreme Court's 1937 decision: https://www.ssa.gov/history/court.html
The Supreme Court has no authority to change the Constitution.
You just make shit up as you go, don't you?
Inversion fallacy. You are describing yourself again.
Your strategy on JPP (and probably elsewhere) is to spam the threads with as much false information as you can, and then claim victory when not every single lie you told is countered.
Inversion fallacy.
Your volume of lies is how you keep the grift going.
Inversion fallacy.

False authority fallacy. Trolling. No argument presented.
 
The interest on the debt of $0.422 trillion, and the current debt is approx $30 trillion. None of this has anything to do with unfunded liabilities.

it does because the entitlements are requiring money from those unfunded liabilities on top of no longer having funds to loan the govt.
 
I dont know about that, but I do know that the Electoral College looks to be about over.

You have a severely warped view of what is actually happening. :headscratch:

I also know that the schools Pre-K to Post Doc have been wrecked. I also know that journalism has been wrecked. I also know that the vast majority of Americans are alarmingly ignorant.

Oh no! The world is coming to an end??!!! :laugh:
 
No one gets to speak for the dead. Not even you. Omniscience fallacy.

The purpose of the electoral college was to give each state some representation in choosing the President, regardless of population. That is it's only purpose.
A democracy has no constitution and no representatives.

There's much more to it than that. They distrusted the population which also played a role in their incredibly intelligent decisions about Presidential elections.

While the U.S. Constitution is frequently lauded as a hallmark in democratic government, the document actually reflects significant distrust of democracy. When the Founding Fathers drafted the Constitution, they built a republican form of government that was meant to limit the excesses of democracy. Safeguards included institutions like the electoral college, the Senate, checks and balances, and unelected courts.

Electoral College

In a democracy, voters would directly elect the country's leader on a one-person, one-vote system. The U.S. Constitution, however, established the electoral college for selecting the president. The Founding Fathers did this primarily out of distrust for majoritarian democracies. At the time the Constitution was written, the 13 American states were vastly different from each other both in size and in culture. It was difficult for a citizen of Massachusetts, for example, to understand a presidential candidate from South Carolina. As such, the Founders feared that if the president were directly elected, voters would simply vote for a "favorite son," a candidate from their home state. This fragmented process would lead to a consistent victory from someone from a large state. To mitigate this problem, the Founders created the electoral college, which allowed each state to choose a certain number of electors -- in a process each state determined on its own -- to select the president. While this process has changed slightly since, the same basic premise -- that a direct election wouldn't work -- still remains.


https://www.theclassroom.com/features-constitution-distrust-democracy-20581.html
 
Borrowing sources will never dry up.

You don't know what the fuck you're saying.

^The definition of stupid. :palm:

No it doesn't you fucking idiot.

Projection
Projection is the process of displacing one’s feelings onto a different person, animal, or object. The term is most commonly used to describe defensive projection—attributing one’s own unacceptable urges to another. For example, if someone continuously bullies and ridicules a peer about his insecurities, the bully might be projecting his own struggle with self-esteem onto the other person.
 
Back
Top