when the bill comes due

China Joe said:
With regards to growing the debt, it's not the dollar amount but the percentage.

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They aren't going to like that.
 
Nordberg said:
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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And the dems are easy to understand: spend, spend, spend.

:oprah:
 
Nordberg said:
You have to conclude why. Roosevelt came in having to fix the great depression. Obama came in having to fix what was approx. the 2nd great depression.
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second great depression lol not even close to one it was a recession and he didn't fix it it extended it
 
Nordberg said:
You have to conclude why. Roosevelt came in having to fix the great depression. Obama came in having to fix what was approx. the 2nd great depression.
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Roosevelt's policies extended the depression from something that would have sucked for a few months to something that sucked for almost a decade. The Obama's "recovery" was the slowest in our lifetimes. Both prove that FedCo just needs to get the fuck out of the way.
 
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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The bill never comes due because government never dies.

So screeching about debt is a convenient distraction from what caused that debt: TAX CUTS.

So if the debt is truly your genuine concern, then you should be calling for a repeal of the 2017 Tax Cut, and a raising of taxes.


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.
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No, it's not. It has ZERO affect on your life.

None of you have ever been able to explain how federal debt has any impact on your personal life or finances.

We've carried a federal debt burden since the 1830's.

Stop being stupid.
 
Bulletbob said:
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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The only reason we have debt burden today is because of your shitty tax cuts.

That's the only reason that the federal government carries a debt burden today.

In 2000, we could have paid our debt off by 2010 if Conservatives had not touched a single thing in the tax code. But they did. The Bush Tax Cuts took a budget surplus and turned it into 4 record deficits before finally prompting the Great Recession.

Fast forward to 2018, and the Russia Tax Cut was such a failure that it plunged manufacturing into a recession in 2019, and the rest of the economy in February 2020.

So if you are truly genuine in your deficit and debt peacocking, then you should be screaming about repealing every single tax cut from the last 50 years.

But you're not, so we know you're not serious about this topic.
 
Biden has a plan to address the deficit; tax increases on those making $400k or more.

Sure as shit won't affect any of the dirt-eating trailer-dwellers here who are all of a sudden VERY CONCERNED about the debt despite 4 years of Trump recklessly pushing the economy into the ditch.

https://finance.yahoo.com/news/5-tax-hikes-that-may-be-coming-under-b-iden-strategist-181722826.html

  • Raising the corporate income tax rate to 28% from 21%.
  • Doubling the global intangible low-taxed income rate to 21% from 10.5%.
  • Lifting the top tax rate to 39.6% from 37% for individuals making over $400,000.
  • Taxing capital gains as ordinary income (at a top tax rate of 39.6%) for those earning more than $1 million a year.
  • Hiking the estate tax rate to 45% from 40% for assets worth more than $1 million.
 
LV426 said:
The bill never comes due because government never dies.

So screeching about debt is a convenient distraction from what caused that debt: TAX CUTS.

So if the debt is truly your genuine concern, then you should be calling for a repeal of the 2017 Tax Cut, and a raising of taxes.




No, it's not. It has ZERO affect on your life.

None of you have ever been able to explain how federal debt has any impact on your personal life or finances.

We've carried a federal debt burden since the 1830's.

Stop being stupid.
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yes it comes due all the time as we pay interest on it and high interest to borrow more and have less to spend
 
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.
Click to expand...

In the past 40 years, it's a fact that Republican presidents have added more to the debt than democratic presidents:
https://www.self.inc/info/us-debt-by-president/

Why do Republicans say Democrats are tax & spend when they call themselves fiscally Conservative and they're the one's contributing the most to the massive Federal Debt?

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