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Thread: US government is running out of money faster than expected, Mnuchin warns

  1. #121 | Top
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    Quote Originally Posted by Flash View Post
    You had several posts about recessions but also did not include that information.
    Really? like what? Were those my posts, or was I responding to your bullshit?

    Don't try to make this about me when you are the one who just said that you will lie with abandon because you're think you're entitled to it.

    This is why I can never show you respect; you show no respect to anyone else.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by Althea View Post
    LMAO. trump's multi billion dollar bailout of Midwest farmers, coupled with the hundreds of millions it costs the taxpayer for his golf outings, have really put a damper on the 'we have to cut spending' mantra. We pay for profit prisons $675/day to warehouse/torture immigrants at the trump camps.
    And no problem with Obama’s multiple trips to Hawaii right ?

    BTW .... Trump doesn’t take a salary ! So FO !

    And if those so called “ tortured immigrants “ don’t like it .... go the fuck home !

  3. #123 | Top
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    Quote Originally Posted by Gonzomin View Post
    Because those are only campaign issues.
    2 years of a presidency is a campaign issue???
    Quote Originally Posted by Gonzomin View Post
    They use those to get power then do what they really want,
    Wait...what??? They HAD power, and they didn't do what they want, now they DON'T have as much power and they now have power as a result??? Paradox. Which is it, dude?
    Quote Originally Posted by Gonzomin View Post
    cut taxes for the wealthy
    Everyone's taxes were cut, dude.
    Quote Originally Posted by Gonzomin View Post
    and cut environmental laws and regulations.
    The needed to be. They do not protect the environment and only hurt industry. Indeed, some of the laws that needed to be cut actually harmed the environment.
    Quote Originally Posted by Gonzomin View Post
    The Repubs are following orders from the super-wealthy.
    So are the Democrats.
    Quote Originally Posted by Gonzomin View Post
    That is why they do nothing but point fingers and lie.
    No, they are actually doing stuff. Democrats an other liberals can only point fingers and lie. Inversion fallacy.
    Quote Originally Posted by Gonzomin View Post
    Rebubs were dumb enough to think Trump was building a 30 ft concrete wall and Mexico was paying for it.
    It's metal slatting, not concrete. Portions of it are already built.
    Quote Originally Posted by Gonzomin View Post
    It is difficult to communicate with people who bought that.
    Kind of hard to argue with an existing Wall, isn't it?

  4. #124 | Top
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    Quote Originally Posted by Flash View Post
    Since I provided I link to that data you did not bother to check proves you did not think the information relevant, either. So, my judgment was correct.
    Flash, it's not my job to make you knowledgable about the argument you're making.

    For fuck;'s sake, are you so lazy that you expect others to do your work for you?

    Why don't you know this shit before making your argument? Don't you think that maybe information pertinent to recessions could change the face of what you say and believe?

    No...what you do is get a thought and then shit that thought on the board, hoping others will connect the dots for you because you are entitled and lazy.

    Like the rev-GDP thing...a perfect example. You shit forth all this garbage about rev-GDP while ignoring the fact that nominal changes to rev-GDP, caused by tax increases, result in massive revenue changes.

    A 1% change to rev-GDP is the difference of $220B.

    What does $220B represent? About a 1/4 of the deficit. About 40% of Medicaid's budget. About 3 years of free public colleges.

    You think it means nothing, but you only think that because either a) you're lying to yourself or b) you simply don't fucking know what you're talking about.

    So which is it?
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by LV426 View Post
    Not recently, though.

    Difference also between then and now is that the deficit exploded, when before it didn't.

    Why is that, do you think?
    Spending.

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    Quote Originally Posted by LV426 View Post
    The problem now, Flash, is that because you're openly admitting to withholding exculpatory information, we cannot trust anything you say. We can't trust that it's fully truthful. We can't trust that it is within proper context. We can't trust that it's even accurate because you took the active step to conceal it.

    What a fucking fraud, coasting on privilege and unearned entitlement.

    So lazy.
    What a bunch of BS. There was nothing exculpatory about that data and I did not withhold it. It was a large amount of data and including it in the post would have proven nothing. This is just useless arguing on your point.

    It would not have been a wild goose chase to provide you exactly the data you pretended you wanted but did not bother to look at.

    This is not as crazy as your claims that a person can kill or assault a Nazi for doing nothing but waving a flag, but you are getting close. I'm not the one who thinks he is entitled to assault and kill people for nothing more than their political beliefs--talk about entitlement!!

    As usual, your posts have turned more into insults than real debate.

  7. #127 | Top
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    Quote Originally Posted by Flash View Post
    A paradox cannot go away if it never existed.
    You cannot make paradox go away by denying it. You MUST choose one and only one of the conflicting arguments and utterly discard the other.
    Quote Originally Posted by Flash View Post
    I never took the position that a relationship existed between the top federal income tax (high or low) rate and recessions.
    You took this position yet again in post #116. You then used the other argument again in post #119. You are still locked in paradox.
    Quote Originally Posted by Flash View Post
    I cannot use an argument "again" that I never used in the first place. That was a misunderstanding on your part.
    You used that argument again in post #116. You are still locked in paradox.
    Last edited by Into the Night; 07-17-2019 at 02:57 PM.

  8. #128 | Top
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    Quote Originally Posted by LV426 View Post
    Yet, the deficit didn't increase during other recessions, despite increased spending each year, so why just during the last few over the last 40 years?
    Argument from randU fallacy.
    Quote Originally Posted by LV426 View Post
    Yeah, but there was no stimulus in 2000, or 1991, or 1982.
    There was a stimulus in each case. In each case, the Fed kept interest rates artificially low. That's a stimulus, according to Keynesian economic theory (which doesn't work). In each case, price controls caused the recession.

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    Quote Originally Posted by Flash View Post
    There was nothing exculpatory about that data and I did not withhold it.
    Again, that's according to your judgment, which is now questionable because you said you are entitled to lie.

    It's not up to you to decide if it is exculpatory.

    The length and depth of recessions prior to 1980 vs. post-1980 is wholly relevant when discussing the impact of tax rates on the economy.

    You don't think it is simply because it might be and thus, your argument is ruined.

    This is exactly the entitlement that turns people off, Flash. It's why everyone mocks and shits all over self-professed "moderates" and "centrists"...because we know those positions are informed by half-assed entitlement. You might think receiving scorn from all sides validates you, but it doesn't.

    If everyone is telling you that you're a piece of shit...you're probably a piece of shit.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by Flash View Post
    It would not have been a wild goose chase to provide you exactly the data you pretended you wanted but did not bother to look at.
    You have so much fucking entitlement that you expect others to validate your argument when you won't do so yourself.

    You even said you have an entitlement to only present the information that helps you, and that you can justifiably make a judgment on information that doesn't.

    Like the whole rev-GDP thing...perfect example.

    The entitlement you have is that raising taxes on the wealthy only nominally increases rev-GDP and therefore, since the increase is nominal, it's irrelevant. But the part you withhold is that while the percentage change might be nominal, the real effect on revenue is not. A nominal, 1% increase to rev-GDP is the difference of $220B. SO before, I remember you posted a chart showing how that changed over time...going so low, recently, as 14%, but then increasing back up to 17%. Your entitlement made you think that wasn't impactful, but a 3% change to rev-GDP is $660B. Which was the deficit the day Trump took office. $660B IS NOMINAL AND NOT CONSEQUENTIAL? Only because your entitlement deems it so.

    Bu that's the thing about entitlement...you earn it.

    It's not bestowed on you just for existing.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by Vasquezrocks View Post
    And no problem with Obama’s multiple trips to Hawaii right ?

    BTW .... Trump doesn’t take a salary ! So FO !

    And if those so called “ tortured immigrants “ don’t like it .... go the fuck home !
    Obama's trips to Hawaii did not cost multiple billion dollars. Get a sense of perspective here, dude.

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    Quote Originally Posted by Into the Night View Post
    Obama's trips to Hawaii did not cost multiple billion dollars. Get a sense of perspective here, dude.
    Neither has Trumps ..... are you retarded ?

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    Quote Originally Posted by Vasquezrocks View Post
    Neither has Trumps ..... are you retarded ?
    Not talking about Trump's trips to Hawaii. Stay on topic. Are you retarded?

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    Quote Originally Posted by Into the Night View Post
    Not talking about Trump's trips to Hawaii. Stay on topic. Are you retarded?
    When did Trump go to Hawaii ?? Total retard !

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    Quote Originally Posted by Vasquezrocks View Post
    Neither has Trumps ..... are you retarded ?
    trump's trips far exceed Obama's already, and he funnels taxpayer money into his pockets each time he goes to one of his properties.
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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