OK, so you do all that and you're still looking at a trillion dollar deficit.
So you need to go back to the drawing board.
50 years of failed eco predictions
- Thread starter tsuke
- Start date
OK, so you do all that and you're still looking at a trillion dollar deficit.
So you need to go back to the drawing board.
Now THAT is a buzzword fallacy.
So your habit is to accuse everyone else of the fallacies that you are committing, I see.
Government spending makes up 17% of our economy, dumbass.
I'm convinced you don't even know what Communism is.
If you reduce government spending by $500B, you are contracting the economy by 2%.
So from where are you making up that spending?
Exactly...which is why you need to make up for spending cuts elsewhere.
You used to say that tax cuts would lead to increased economic activity, but that has been disproved by the last 40 years of empirical economic data.
So since cutting taxes doesn't result in more consumer spending, what is their purpose?
You argue that every dollar the government spends could be a dollar the private sector spends instead, right?
So if you cut government spending on bridge repair, from where are you getting the money to fix the bridge, or WHO is fixing the bridge? It's not Apple...
According to whom? Because that ain't anywhere in the empirical data.
In fact, more often than not, when taxes are cut a recession usually follows within 3-5 years.
Incorrect...we had budget surpluses from 1998-2001 that your guy, Bush the Dumber, said were indicative of people being over-taxed.
So when we run a surplus, you say it's bad.
So when we run a deficit, you say it's bad.
It's clear that you don't know what you're talking about.
Monad Portal
Was it me?
it's pretty good with every dem against him though.
Repeating this mantra doesn't make it true.
Of course there were surpluses...Bush even acknowledged them in his 2000 campaign: "What's risky is overtaxing people and leaving unspent money in Washington,".
No, I'm not...you're just a really stupid person.
Only if you don't know what communism is or means.
Wrong. EVERY BUSINESS IS.
Right, but every single one of them requires a charter from the state to conduct business in the country.
Explain how. Elaborate. Articulate your point because my belief is that you're retreating to these vague fallacies to avoid the debate.
Incredibly naïve and juvenile.
This is why CRT upsets you so much...you belief in the myth of capitalism and American exceptionalism. Because your "hard work" and "initiative" was already made easy for you by virtue of your race and gender. So you didn't achieve what you achieved through work and initiative, you coasted by on a system that was designed to help you succeed at the expense of others.
That's not something to brag about, you know...
You can't create capital out of thin air.
Do you think every new business starts out with cash? No. They all start out with loans and in debt. Most of them don't ever come out of it.
No, they're not. They don't produce SHIT. Their workers do, they do not. And their workers only produce to meet demand.
This is precisely why Conservative economies always, always, always fail...Conservatives just have no economic intelligence or experience.
How am I doing that?
Government spends in the same economy as you and I do...they do not have a separate, shadow economy that they spend in.
Well you should since he's the one whose beliefs you're aping on JPP.
OMFG dude...
Netflix is $15B in debt...its debt-to-equity ratio is 2.1, and they've been carrying a debt load since 2011.
What a fucking moron...inform yourself.
I hope what you said about running a business isn't true because my God, you are a complete and total moron when it comes to economics, business, and finance.
Almost every single business starts out in debt...the ones that don't are the ones where kids get an inheritance from their parents and then use that inheritance or gift to build their business.
This is why half of all businesses fail...none of you know what the fuck you're doing.
Capitalism caused the latest recession, which started in February 2020, before COVID.
And then Capitalism needed a trillion dollar PPP bailout.
And that was 10 years after Capitalism needed another trillion dollar bailout and discount Fed window.
If Capitalism "worked", it wouldn't need a bailout every 5-10 years.
That's not even a real fallacy, and you're just spinning your wheels now, trying to dream up ways to avoid answering for every stupid thing you believe.
You sure about that? Because it has you repeating a mantra to give yourself comfort.
That's pretty cult-y.
No, wealth is not created by capitalism because wealth existed before capitalism.
This is what I mean when I say you are juvenile.