Voters: pay attention on the debt limit
- Thread starter BartenderElite
- Start date
Fed Chairman Powell doesn’t agree with Fed staff that we will see a mild recession.
Says labor market still too tight…our call is the labor pool has shrunk due to vaccine damage.
Bottom line policy error incoming in our opinion.
Our current early cycle indicators point to deep recession along the lines of S&L crisis in 90-91.
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We should be so lucky that it is only that bad.
QP!
Verified User
ya you pointed at the great deficits of Trump and Bush and said 'ya they happened but they were not their fault'.
You might be so dumb you do not realize you admitted it but you did. That was me checkmating you.
PostmodernProphet
fully immersed in faith..
I'm glad you finally admitted you're dumber than shit....it's been great tying your shoelaces together and pushing you down the stairs, but now I have something better to do......feeding the neighbor's goldfish.......if you ever learn jackshit feel free to post again......until then, we'll wait for hell to freeze over......
Congress approved the spending, and in fact, required the spending. Now the Constitution requires the money to be spent, and the debt should be absolutely not questioned. If Republicans want to cut the budget, they should, but this crying like babies that others are not cutting the budget for them is childish.
PostmodernProphet
fully immersed in faith..
The Republicans passed a bill? Then all is solved... UNLESS YOU ARE JUST MAKING THAT UP!!!
In the real world, Republicans propose that Democrats figure out a budget with impossible criteria. Republicans are unable to come up with a budget that meets the criteria.
Lightbringer
Loves Me Some Souls
I groaned this for two reasons.
1) You're playing the Democrat vs. Republican game which only makes me think you're stupid and...
2) You made no mention at all of the the people who would be harmed by a default. You don't care about them?
Lightbringer
Loves Me Some Souls
I don't entirely agree with you but at least you have a handle on what's happening.
Whatever the right can pull from the programs for the poor, won't be used to do anything but a coffer to draw on to hand down more tax cuts for the chosen few. Or pumped into weapons that are run by companies that produce massive dividends. Which then can be taxed at handout percentages to cut their tax rates to increase their wealth.
Lightbringer
Loves Me Some Souls
And other things.
By every standard, our debt majority is because of the right wing. They own by far the largest part of the debt. The democrats are way better at protecting and stopping the increase in debt, way more than the right wing haters are. The republican is the party of debt. The comedy of them making a stand now is hilarious, all they are doing is trying to find ways to take money away from the poor to give to the rich The right really has one issue and that issue is the transfer of wealth to the top golden few. Do you know how stupid you have to be to vote for this right wing hate group, if you aren't wealthy to start with. There is no person more stupid than a person who votes for a person who will take what you and your family need to survive to give to people who are in need of nothing. That is the ultimate definition of stupidity.
Lightbringer
Loves Me Some Souls
Kill yourself.
Taichiliberal
Shaken, not stirred!
In the end when all is said and done...IT'S FUCKING MONOPOLY MONEY, FOLKS! Money is only an agreed upon concept. You can't eat it or drink it.
When someone tells you they have a billion dollars, that means they don't have any cash on hand. When someone tells you they have a trillion dollars, that means YOU don't have any cash on hand either!
*please note that the preceding was meant as sarcasm...a bit of levity in these trying times that was not intended to offend anyone's sense of self worth or societal beliefs. Thank you.
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When someone tells you they have a billion dollars, that means they don't have any cash on hand. When someone tells you they have a trillion dollars, that means YOU don't have any cash on hand either!
*please note that the preceding was meant as sarcasm...a bit of levity in these trying times that was not intended to offend anyone's sense of self worth or societal beliefs. Thank you.
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Lightbringer
Loves Me Some Souls
In the end when all is said and done...IT'S FUCKING MONOPOLY MONEY, FOLKS! Money is only an agreed upon concept. You can't eat it or drink it.
When someone tells you they have a billion dollars, that means they don't have any cash on hand. When someone tells you they have a trillion dollars, that means YOU don't have any cash on hand either!
*please note that the preceding was meant as sarcasm...a bit of levity in these trying times that was not intended to offend anyone's sense of self worth or societal beliefs. Thank you.
A sense of humor? Nicely played.
T. A. Gardner
Serial Thread Killer
Well, in answer to those:
1. It pretty much is Republicans v. Democrats, but in my view mostly Democrats v. anything they disagree with. It will likely be only the Republicans making concessions in the coming days in budget negotiations. Like it or don't, that's what history shows happens in these debt ceiling negotiations.
2. I wasn't discussing the outcome, only the current status.
Lightbringer
Loves Me Some Souls
1) No it isn't. It is Congress vs. Federal Reserve.
2) Of course you didn't because you're a shitburd.
There are some bizarre theoretical solutions that the Fed could do, like mint a trillion dollar coin... But in the normal course of business, the Fed has no say in this.
This is Congress versus Congress. Congress demands the money is spent, but refuses to allow the money to be spent.
Lightbringer
Loves Me Some Souls
Not true. What has Congress ever done that leads you to think they don't want money to be spent? seriously.