Raising the Debt Ceiling

[floridafan]

Tax cuts are not the same thing as spending, you absolute dipshit.

Tax cuts cause deficits just as excess spending does!!!!!!!!!!!!!!!!!

 

[Nordberg]

I would just like to see specifically where any jackass complained about GOP excess DISCRETIONARY spending.

The reds just cut taxes on the wealthy and corporations. Think about how that makes us less able to pay what we owe. We have less revenue. I can figure out how that works.

 

[evince]

Better have your Russia programmers run a diagnostic, bot hole.

Only a fucking bot hole would think humans don’t make simple mistakes like that



Only a fucking sociopath would think others are supposed to never make a mistake

You are a failure as a human

 

[anonymoose]

Most nations don’t have one because it’s a stupid idea

Even more stupid to have one and perpetually ignore it.

 

[evince]

Tax cuts are not the same thing as spending, you absolute dipshit.

Less money coming in means bills unpaid idiot

 

[evince]

Even more stupid to have one and perpetually ignore it.

Guess who’s ignoring it?

The insane America hating republicans

 

[Into the Night]

Tax cuts cause deficits just as excess spending does!!!!!!!!!!!!!!!!!

It's about the debt, dude.

 

[Into the Night]

The reds just cut taxes on the wealthy and corporations.

Lie.

Think about how that makes us less able to pay what we owe. We have less revenue. I can figure out how that works.

The government can't tax its's way out of it's financial predicament.

 

[Into the Night]

What’s the point of even having a “debt ceiling “? We never pay any attention to it anyway, other than to raise it as usual/always.

Which is why there is no such thing as a debt ceiling. It's just another buzzword.

 

[Into the Night]

There is no point. But we're stuck with it. So we have no choice. It should be much simpler. Pay what you owe. But in today's environment, simple is not an option.

Why?

 

[Into the Night]

This is not a serious topic that should even be engaged. It is for really dumb people, aka GOP supporters.


You do not address spending after you have voted to spend the money and it is spent, by then saying 'should we pay the bill'. You pay the bill by adjusting the debt ceiling to cover the money you already spent and agreed to spend when you voted for it.

If you want to ensure no future debt ceiling raises are needed than you match future budgets to revenues.

What we know for fact, is that if Trump or another GOP POTUS gets in next the same people now pushing to not raise the debt ceiling will applaud it being raised under a GOP admin. What they want is to stop Dem's from running the credit cards so that they have more room to do so, when they get back in.

Even as the GOP argues to not raise the debt ceiling they also argue for cuts in revenue that will just add more debt. They are not serious people and we need to not treat them as such.

The President is not authorized to increase the debt. The HOUSE has that authority.

 

[NiftyNiblick]

Pay off the debt with newly printed money.
That significant reduces the value of all horded money while increasing the value of non-liquid assets.

It works for me. The kids already have much of the money through the annual tax-exempt gift provision. Hopefully, they handle it properly to defend against inflation.
They already essentially have our house in an irrevocable trust, although we still pay the taxes and expenses for it.

I've got a vintage Corvette and very expensive custom golf clubs, even though I both drive and play like the decrepit septuagenarian that I am, and my wife hasn't given the lady cop all of her jewelry yet.
We'll be ok for the time we've got left.

 

[evince]

Debt is a tool


Every nation with brains uses that tool

 

[Nordberg]

Tax cuts are not the same thing as spending, you absolute dipshit.

Tax cuts slash revenue which is used to pay bills.

 

[Sirthinksalot]

They have the same result. The debt is a product of less money coming in than going out. You can adjust both. Our tax policy is hopelessly outdated.

They certainly do not have the same result. Ever hear of the Laffer curve?

 

[Sirthinksalot]

Nations don’t die

They don't?

What happened to Rome, and countless other nations that once existed but don't anymore? Idiot.

 

[Sirthinksalot]

Tax cuts cause deficits just as excess spending does!!!!!!!!!!!!!!!!!

Another moron who never heard of the Laffer curve. People change their behavior based on the cost of things.

 

[Sirthinksalot]

Less money coming in means bills unpaid idiot

Lower tax rates often means MORE coming in, you absolute dipshit.

 

[Melchizedek = Michael]

Just write off the national debt and start over again

 

[evince]

They don't?

What happened to Rome, and countless other nations that once existed but don't anymore? Idiot.

And here you go folks


Proof he wants America dead


That is why they do this destructive stuff