cawacko
Well-known member
Now we have folks like Bernie and AOC who support MMT which essentially says deficits don’t matter and because we control the printing press we can run them up as high as we want to achieve our policy goals.
Let's Run Government On Credit; And Not Collect Enough Taxes - It'll Be Great!
- Thread starter PoliTalker
- Start date
Now we have folks like Bernie and AOC who support MMT which essentially says deficits don’t matter and because we control the printing press we can run them up as high as we want to achieve our policy goals.
You still arent addressing what I said, and its easy to see why. The FACT remains,....you only called out one race. You lumped all old rich white men together. By your own logic Bernie doesnt deserve to be president. Afterall,...he is a rich old white man. And according to you,....rich old white men are ALL THE SAME. So why bother, he is no different than Trump, just another rich old white man.
PoliTalker
Diversity Makes Greatness
Good morning Stone,
Are we at an impasse?
We can't seem to find a subject we both wish to discuss. I established one in the OP, but you have ignored it:
You haven't addressed what I have said. I have most certainly addressed what you have said, thusly: -> You are entitled to your beliefs, however incorrect they may be. < - That's it. That is all I have to say about your ridiculous racism bender. I am under no obligation to entertain your strange beliefs. This is my thread. I'll decide what I choose to comment on.
This is a thread about the irresponsibility of running the government on credit, especially during a time when we could be putting our financial house in order. At least up until a few days ago. Who knows if the economy is coming back or if this is the beginning of a big slide downward. Maybe there will be a rally today in the stock market. I'm sure all the greedy holders of big portfolios are hoping for it, but really, it was inflated and due for a correction.
That you still refuse to comment on the subject of the thread indicates we may not be able to have much of an intellectual conversation. One thing is clear. This is my thread. I will determine the scope. I will not participate in your hijacking. Have you no opinion on the irresponsibility of running the government on credit without collecting enough revenue? Giving the already-rich a freebie hand-out tax reduction when the country needs the taxes higher? I can understand why short sided greedy rich people want to do this. Especially if they are old and unconcerned with the greater future. They are merely obsessed with personal wealth acquisition at a cost to America. It's all they know. A bad habit, as far as the nation is concerned. Quite selfish of them. Very selfish indeed.
What makes them so special? Why should the natino be hurt for their greed?
Why should their concerns outweigh those of the rest of the nation which yearns for better debt service, infrastructure upgrades and more social programs for the multitudes of needy created by the class war?
Why should they be able to get away with such brash selfishness?
Because they are rich and powerful and determined to force their immaturity on others?
-A lousy reason we cannot afford to entertain.
Such selfishness!
Are we at an impasse?
We can't seem to find a subject we both wish to discuss. I established one in the OP, but you have ignored it:
You still arent addressing what I said, and its easy to see why. The FACT remains,....you only called out one race. You lumped all old rich white men together. By your own logic Bernie doesnt deserve to be president. Afterall,...he is a rich old white man. And according to you,....rich old white men are ALL THE SAME. So why bother, he is no different than Trump, just another rich old white man.
You haven't addressed what I have said. I have most certainly addressed what you have said, thusly: -> You are entitled to your beliefs, however incorrect they may be. < - That's it. That is all I have to say about your ridiculous racism bender. I am under no obligation to entertain your strange beliefs. This is my thread. I'll decide what I choose to comment on.
This is a thread about the irresponsibility of running the government on credit, especially during a time when we could be putting our financial house in order. At least up until a few days ago. Who knows if the economy is coming back or if this is the beginning of a big slide downward. Maybe there will be a rally today in the stock market. I'm sure all the greedy holders of big portfolios are hoping for it, but really, it was inflated and due for a correction.
That you still refuse to comment on the subject of the thread indicates we may not be able to have much of an intellectual conversation. One thing is clear. This is my thread. I will determine the scope. I will not participate in your hijacking. Have you no opinion on the irresponsibility of running the government on credit without collecting enough revenue? Giving the already-rich a freebie hand-out tax reduction when the country needs the taxes higher? I can understand why short sided greedy rich people want to do this. Especially if they are old and unconcerned with the greater future. They are merely obsessed with personal wealth acquisition at a cost to America. It's all they know. A bad habit, as far as the nation is concerned. Quite selfish of them. Very selfish indeed.
What makes them so special? Why should the natino be hurt for their greed?
Why should their concerns outweigh those of the rest of the nation which yearns for better debt service, infrastructure upgrades and more social programs for the multitudes of needy created by the class war?
Why should they be able to get away with such brash selfishness?
Because they are rich and powerful and determined to force their immaturity on others?
-A lousy reason we cannot afford to entertain.
Such selfishness!
That MMT stuff is either over my head or just plain crazy.
cawacko
Well-known member
Yes. I listened to two podcasts on it and still have trouble fully internalizing it other than we can spend what we want because we control the printing press and this is how progressives can achieve their economic agenda. Stephanie Kelton is an economist for Bernie's campaign and she's a big proponent of MMT and has been interviewed extensively about it.
I guess that answers the question "where are you going to get the money to pay for all those programs?"
cawacko
Well-known member
Exactly. It's very contradictory to complain about deficits and the debt and then say you support Bernie's agenda because you can't raise taxes high enough to support the spending he wants. Hence MMT...
PoliTalker
Diversity Makes Greatness
Hello cawacko.
Nice try but you can't blame the deficit on Bernie or AOC.
DT owns the deficit.
Nice try but you can't blame the deficit on Bernie or AOC.
DT owns the deficit.
PoliTalker
Diversity Makes Greatness
Hello cawacko,
Pretending that DT cares about the deficit?
What set of 'alternative facts' supports this?
Wake up and smell the deficit.
A trillion dollars plus.
DT owns that.
Pretending that DT cares about the deficit?
What set of 'alternative facts' supports this?
Wake up and smell the deficit.
A trillion dollars plus.
DT owns that.
cawacko
Well-known member
My man, I know we lost you to TDS a long time ago. However if you find the strength to take a step back there is a whole world there that doesn't just revolve around Trump. MMT and what it stands for isn't about Trump. You can have a discussion on MMT and its supporters. That's ok. I promise, it won't hurt you.
Scut Farkus
Verified User
welcome to Keynesianist fiat currency mark to model fiscal fantasy noahide chrislamic killbot zionist saltydancinism.
PoliTalker
Diversity Makes Greatness
Hello Flash,
The one thing that Bernie fails to get across very convincingly is that Single Payer Health Care is a net savings for America, not a cost.
OK?
Other industrialized nations provide healthcare to all, and they do it for half the cost.
That is what Bernie is trying to do.
Halve the cost of healthcare to America.
That is a net gain.
That means the people of America will be spending so much less on health care that if they have to spend half of that savings on increased taxes, they will have the money to do that and still be ahead.
And make no mistake.
It also represents a huge savings for the government, too.
The government currently pays a huge part of the healthcare costs in America.
The government gets that savings just like the people do when the cost is cut in half.
One of the biggest problems with all these savings will be finding work for all the people who will lose jobs because of it.
Who is going to lose work?
All the bureaucrats who work for the insurance industry and for health care providers are at risk.
Two vast armies do battle every day in America, and we all pay for it.
On one side is the health care providers. They are forced to wrangle tons of case files to try to get health services paid for. They have to deal with multiple insurance companies, trying to get claims paid.
The other army is the insurance companies. They have multitudes of people working really hard to deny claims, to avoid paying out money.
This is a ridiculous system which is not needed, and it costs us all thousands of dollars per year.
We are tired of it and we want the savings back.
Where those people would work after this insane system is dismantled, who knows?
But make no mistake. This is an insane system. It accomplishes nothing productive for our society.
What it does is make the rich richer.
It has to end.
The one thing that Bernie fails to get across very convincingly is that Single Payer Health Care is a net savings for America, not a cost.
OK?
Other industrialized nations provide healthcare to all, and they do it for half the cost.
That is what Bernie is trying to do.
Halve the cost of healthcare to America.
That is a net gain.
That means the people of America will be spending so much less on health care that if they have to spend half of that savings on increased taxes, they will have the money to do that and still be ahead.
And make no mistake.
It also represents a huge savings for the government, too.
The government currently pays a huge part of the healthcare costs in America.
The government gets that savings just like the people do when the cost is cut in half.
One of the biggest problems with all these savings will be finding work for all the people who will lose jobs because of it.
Who is going to lose work?
All the bureaucrats who work for the insurance industry and for health care providers are at risk.
Two vast armies do battle every day in America, and we all pay for it.
On one side is the health care providers. They are forced to wrangle tons of case files to try to get health services paid for. They have to deal with multiple insurance companies, trying to get claims paid.
The other army is the insurance companies. They have multitudes of people working really hard to deny claims, to avoid paying out money.
This is a ridiculous system which is not needed, and it costs us all thousands of dollars per year.
We are tired of it and we want the savings back.
Where those people would work after this insane system is dismantled, who knows?
But make no mistake. This is an insane system. It accomplishes nothing productive for our society.
What it does is make the rich richer.
It has to end.
PoliTalker
Diversity Makes Greatness
Hello cawacko,
Put a tax on stock market trades.
Make a wealth tax.
Raise the top income tax rate.
Tax large capital gains at a higher rate.
The money is there. We need to go after it.
Put a tax on stock market trades.
Make a wealth tax.
Raise the top income tax rate.
Tax large capital gains at a higher rate.
The money is there. We need to go after it.
Scut Farkus
Verified User
it really is tragic that wages are taxed at higher rate than capital gains.
and that's fair how?
PoliTalker
Diversity Makes Greatness
Hello cawacko,
We already had that discussion a long time ago.
Your fears are unfounded.
There are plenty of ways to pay for Bernie's programs and we don't have to worry about it anyway because he will never get them passed even if he is elected.
He has no throngs of support in Congress, nor no whole new slate of Berniecrats coming in on his coattails.
He would be a lame duck president from inauguration, probably doomed to one term.
The only thing that could get him elected is disgust with DT.
What I have is properly called disgust with DT. He is the one who is deranged. We, the level-headed people of this country, are properly disgusted with him. And we want him gone.
Save America.
Vote Blue No Matter Who.
We already had that discussion a long time ago.
Your fears are unfounded.
There are plenty of ways to pay for Bernie's programs and we don't have to worry about it anyway because he will never get them passed even if he is elected.
He has no throngs of support in Congress, nor no whole new slate of Berniecrats coming in on his coattails.
He would be a lame duck president from inauguration, probably doomed to one term.
The only thing that could get him elected is disgust with DT.
What I have is properly called disgust with DT. He is the one who is deranged. We, the level-headed people of this country, are properly disgusted with him. And we want him gone.
Save America.
Vote Blue No Matter Who.
Scut Farkus
Verified User
if you go back to no open borders and better trade deals you could win.
bernie held both those views in 2006. hillary screwed him
are you a secret elitist globalist, or are you with the people?
who you wit?
cawacko
Well-known member
You can put a 100% tax on all economic production in the U.S. and its still not going to cover the cost of all proposed spending right now.
cawacko
Well-known member
Actually if you really cared you would vote Libertarian. But the reality of what you're saying is you are ok with spending when its done by people you support and that's the case with most folks.
Good luck with that! She will never step into reality unless her gov't check is late.
She supports anyone who will give her free shit.