when the bill comes due

Phantasmal said:
Why can we alway afford war for oil but for some reason we can’t afford a war on a virus or a war on deteriorating infrastructure?
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What about that war on terror but Obama is funding ISIS and providing them weapons and support?

PS: He's doing it again, too. Right now.
 
Mr.Badguy said:
We could save a ton on welfare spending by making companies pay employees what they're actually worth. You know, a living wage.
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Price controls never work. They always cause shortages. In this case, shortages of available work (at a time when many businesses are already closed due to illegal restrictions).
 
Legion said:
How would that work, exactly, and what would be the legal basis for doing so? What would be the risks of such a policy? Has such a policy been successfully implemented before?

I'll understand if you don't know, of course.
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It never has, of course. Price controls don't work. Minimum Wage Laws are price controls.
 
Bulletbob said:
Right now we each owe about 67,000.00 on the national debt and that was before the recent stimulus .

in the next 4 years we will add several more trillion tom it and I guessing we will each own about 80,000 by the end of the Biden administration.
regardless if your a democrat or a republican or a independent its affecting your life.

its got to stop, and we ALL need to vote people in who will make a effort to reduce this debt and spending trend.
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You don't suppose that the big tax giveaway that the filthy rich got has anything to do with the deficit.
 
Into the Night said:
Won't do anything. Neither will raising taxes.

There are three ways for the SODC to raise money. They can tax it, borrow it, or print it.

Taxing too much causes revolts (possibly violent). This is known as a tax crash. Business activity leaves for other shores to survive.
Borrowing too much causes increased costs of borrowing everywhere or a default. This is called a debt crash. The 2007 crash was a debt crash.
Printing too much without a corresponding increase in wealth causes inflation, possibly hyperinflation. Government costs go up along with the rest of costs, and the cycle begins anew. This is called a cash crash. The usual result of a cash crash is to turn to another currency. The government cannot stop this.
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Try to adopt a more positive view.
 
Trumpet said:
You don't suppose that the big tax giveaway that the filthy rich got has anything to do with the deficit.
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I blame bush Obama trump biden and all of congress and all of us , you need to wake up and stop blaming one side or the other its all our faults dumb ass
 
look at all the morons here trying to blame this person or that person republican or democrat the president or congress . they love it when morons do this . ithats just what they want.
I see starting this thread was a waste of time every one wants to blame the other guy when its all our faults all of congress every one of them both republican and democrat and independents every president that's held office and every citizens who voted .
Dumb sobs here just want to argue here and blame the other guy. SO I'm dune with thread until we get posters that actually are smart enough to understand what the problem is
and suggest ways to solve the issue like I have instead fighting like 3 year olds and playing politics .ignoramuses
 
Into the Night said:
The federal government has NEVER reduced the debt. The House just keeps spending and spending and spending. The Fed just keeps printing and printing and printing.
People are already looking around for another currency. Faith in the dollar is waning rather rapidly.
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your about the only one here who understands the issue and seems to understand its not a republicans fault or a democrats fault but all our faults
 
Bulletbob said:
I blame bush Obama trump biden and all of congress and all of us , you need to wake up and stop blaming one side or the other its all our faults dumb ass
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The vast majority of our deficits have been run up by republican presidents, and you know it sweets
 
Demokrauts wrecked the economy in their brazen fascist terrorism, and it will cost trillions to fix.

Demokrauts did to the US what the Republicants did to Afghanistan & Iraq.

But warlords gotta warlord - what can one do?
 
If you look up the presidential deficits, you will learn that Repubs have created the most debt, president after president. They talk fiscal conservatism and govern the opposite. Since Weyrich, they have been cranking the debt up for them and complaining about debt when the Dems are in office. They are boy hard to understand.
 
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