Democrats push to eliminate the debt ceiling, allow unlimited government borrowing

PostmodernProphet said:
the chart which shows the national debt increments by year......the only year that Trump had with an average of more than $1T a year was the year Nancy wrote the budget and it went to $5.4T......thanks, demmycrats.....
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Ahhh that old game eh?

So Mitch gets the blame for Obama's spending post midterms right?
 
ptif219 said:
First they need to get rid of baseline budgeting then they need to actually do the budget by department and stop the omnibus budgets. They need to stop raising the debt ceiling
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They do not need to 'stop raising the debt ceiling'. What they need to do, is get rid of the debt ceiling.

Again people need to UNDERSTAND this issue.

If the House today puts forth spending budgets and they pass and the money is spent, there should be NO VOTE as to whether to pay those bills or not. That is derp level dumb and asinine and only something HOp derps think.

Once you vote to SPEND the money, it should be AUTOMATIC that you will pay your bills.

The place to deal with this and institute discipline is in the budget bills prior. So when Trump proposed massive tax cuts for the rich and corporations along with spending that would balloon the deficit, THAT IS WHEN the legislators have to say NO as they can see the impact it will have on debt and deficits that will then require the raising of the debt ceiling after. You cannot let Trump cut revenues, while ballooning spending and then tell the next guy, 'we are not going to allow you raise the debt ceiling to pay it off'. That is derp level dumb.

Lesson learned is don't be a derp.
 
ptif219 said:
Then whyb do they have to keep raising it if they are not spending more?
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OMG.

We have to have a Derp 101 level class.

Lets try and put this as basic as possible.

Imagine you are debt free today with no credit cards or personal debts. You are only spending what you earn.

A bank then gives you a credit card and a Line of Credit with a teaser promotion of 'no payments for first 12 months'. You max out both within a year and now have all sorts of interest and principle to pay back.

You say "I am going to show fiscal discipline and NOT pay those payments'.

Is that discipline or DERP thoughts?

You are (the government is) spending more when you ACCRUE the debt, not when it comes time to pay it.

The debt ceiling only has to do with debt accrued in the PAST. You cannot impact debt accrued in the PAST by saying you won't raise the debt ceiling as you already accrued it, as it happened, ... wait for it... in the PAST.

So saying NO to raising the debt ceiling does NOTHING but make you default on the PAST debt, which does NOT get rid of it, and will just see the Interests rates go up on it (as your Credit rating drops) thus meaning you now have to pay MORE for the SAME debt you put on in the PAST.

So not raising the debt ceiling, ADDS MORE DEBT at a higher interest rate and is the opposite of responsible.


Is that Derp'd down enough or do i need to try and make it even more basic, in explanation?
 
the right to vote should be removed from society. the majority of our population has proven that they cannot be trusted to do whats in the best interests of a free and prosperous society
 
PostmodernProphet said:
which are you complaining about?......carry over losses?.......incentives like deductions for electric cars?.......or simply whining that businesses get to deduct their expenses....be specific........putting capital letters on words demonstrates you moderinists intend to convey a blevy of intentions, but they are never articulated....
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The government bailed out GM and Chrysler but not
M&M enterprises
 
SmarterthanYou said:
the right to vote should be removed from society. the majority of our population has proven that they cannot be trusted to do whats in the best interests of a free and prosperous society
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There it is folks



The entire plan of the Republican Party for decades now
 
QP! said:
Are you even slightly honest in your presentation?

Did you know MItch led the Republi'CANS' when we added $26.4T to the national debt?

Did you know Cruz and LIndsey Graham were in gov't then too? What does that mean, other than you have no legit way to make a point?

It is simply FACT that Republican POTUS, even when handed hot economies as fixed by the democrats (Clinton to BushJr and Obama to Trump) end up still running up all sorts of debt and then handing off crap economies to the Democrats to fix AGAIN (BushJr to Obama and Trump to Biden).

So if you want to know how to ruin a hot economy (like Clinton or Obama's) give them to GOP leadership.
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That Russian bot hole is completely dishonest
 
SmarterthanYou said:
the right to vote should be removed from society. the majority of our population has proven that they cannot be trusted to do whats in the best interests of a free and prosperous society
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This is why the Republican Party has been repeatedly caught cheating Americans out of their right to vote


Republicans can’t win power in fair elections
 
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