Just got back from Manhattan!

Jarod said:
I just got back from a long weekend in Manhattan.

I gotta tell you, I LOVE Manhattan. I always have such a great time.
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I'm there about once/ year. Since the dirty 70s when my brother was at NYU for his DDS. The best years were the 90s. Has gone down hill since then.
 
goat said:
Real empires don't have $30 trillion in debt to float their empire status.
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Around $8 trillion of that $30 trillion cited by debt hawks as what the government has borrowed is the equivalent of that: Money that the government owes to itself in the future. For example, the contributions the Social Security Administration puts aside into its Trust Fund to be paid out later get counted as debt.

So in reality, what the federal government owes is $22 trillion.

While public debt remains a concern for countries that borrow US dollars, it is less of an issue for the US itself. The dollar is the world’s reserve currency and more debt doesn’t decrease outside investors’ demand for it.

This time around, policymakers decided to take on more debt to blunt the damage from the pandemic by sending out direct checks, granting a childcare tax credit, and creating a paycheck protection program. All of these programs have left households with stronger balance sheets than before the crisis.

So if you think government debt is too high, ask yourself if you think it would be better for families to hold that debt!

Government spending affects inflation, but the size of the deficit doesn’t have an impact on prices.

Inflation happens when demand for goods and services outstrips businesses’ ability to produce them. The pandemic has limited how much stuff businesses can produce, both because of supply chain issues and a shift in what consumers bought (more goods and fewer services). These disruptions have nothing to do with the deficit.

Like inflation, the deficit is regularly used as a stand-in for consumers’ general fears about the economy. Conservatives’ knee-jerk reaction is to associate it with waste, but it is a critical part of keeping the US economy stable. People don’t have any particular concern with the deficit, but it’s simply a sort of symbol for things being bad in the economy.

A lot of the deficit now has a lot to do with the way Trump's tax bill hurt the income for our nation. Still too many Billionaires who are not paying their fair share, while many are not paying one red cent, leaving the burden of repaying the deficit and taking care of the Nation's expenses on the backs of people like you and me!

Thanks!
 
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Geeko Sportivo said:
Around $8 trillion of that $30 trillion cited by debt hawks as what the government has borrowed is the equivalent of that: Money that the government owes to itself in the future. For example, the contributions the Social Security Administration puts aside into its Trust Fund to be paid out later get counted as debt.

So in reality, what the federal government owes is $22 trillion.

While public debt remains a concern for countries that borrow US dollars, it is less of an issue for the US itself. The dollar is the world’s reserve currency and more debt doesn’t decrease outside investors’ demand for it.

This time around, policymakers decided to take on more debt to blunt the damage from the pandemic by sending out direct checks, granting a childcare tax credit, and creating a paycheck protection program. All of these programs have left households with stronger balance sheets than before the crisis.

So if you think government debt is too high, ask yourself if you think it would be better for families to hold that debt!

Government spending affects inflation, but the size of the deficit doesn’t have an impact on prices.

Inflation happens when demand for goods and services outstrips businesses’ ability to produce them. The pandemic has limited how much stuff businesses can produce, both because of supply chain issues and a shift in what consumers bought (more goods and fewer services). These disruptions have nothing to do with the deficit.

Like inflation, the deficit is regularly used as a stand-in for consumers’ general fears about the economy. Conservatives’ knee-jerk reaction is to associate it with waste, but it is a critical part of keeping the US economy stable. People don’t have any particular concern with the deficit, but it’s simply a sort of symbol for things being bad in the economy.

A lot of the deficit now has a lot to do with the way Trump's tax bill hurt the income for our nation. Still too many Billionaires who are not paying their fair share, while many are not paying one red cent, leaving the burden of repaying the deficit and taking care of the Nation's expenses on the backs of people like you and me!

Thanks!
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The US cannot and will not pay off its debt. The world is well aware of this and they're trying to figure out how to deal with it.
 
MAGA MAN said:
I'm there about once/ year. Since the dirty 70s when my brother was at NYU for his DDS. The best years were the 90s. Has gone down hill since then.
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I started going in the 80's... I think its better now, but that could just be perspective. In the 80's I went with my parents. Now I go with my children or wife.
 
PostmodernProphet said:
oh stop fucking around....you know as well as everyone else that he said it.......it is fucking sad you still try to pretend he didn't.......
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What you quoted was an edited version that left some key words out!

BECAUSE YOU ARE A LIAR THAT HAS TO EDIT THE WORDS OF OUR PRESIDENT TO COMPLETELY CHANGE THE MEANING OF WHAT HE SAID TO FIT YOUR FALSE NARRATIVE!

So Fuck off and die loser!!
 
guno said:
Bingo same thing for bagels , the water
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It's pretty surprising how good the water is there.

I wish now that during the times I visited there, I had drank more of it and brought a few bottles home with me.

I guess you can buy it somewhere.
 
Geeko Sportivo said:
What you quoted was an edited version that left some key words out!

BECAUSE YOU ARE A LIAR THAT HAS TO EDIT THE WORDS OF OUR PRESIDENT TO COMPLETELY CHANGE THE MEANING OF WHAT HE SAID TO FIT YOUR FALSE NARRATIVE!

So Fuck off and die loser!!
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stop pretending.....the Pasty Faced Pedophile who you put in office with an unconstitutional election said it, meant it and is still trying to do it......fortunately, starting in January he won't have the power to do it........
 
PostmodernProphet said:
stop pretending.....the Pasty Faced Pedophile who you put in office with an unconstitutional election said it, meant it and is still trying to do it......fortunately, starting in January he won't have the power to do it........
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Didn't read! Sorry! I have better things to invest my time in!

Next!
 
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