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CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

Reagan was senile throughout most of his presidency. Fact.

Another fact: He was shot and in the hospital 3 months after being inaugurated. Everyone who knew him at the time said he was never the same after that traumatic event. His recovery was long and slow. He had a hard time staying focused and never again was able to manage going for long without needing rest.

Reagan's wonderful leadership is all in your head.
 
Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]


Your facts are your opinions, Reagan's second term wasn't stellar but he already accomplished what was required, something Obama certainly hasn't come close to doing. Reagan's wonderful leadership is in the numbers and the shortness of a severe recession. Your hatred of a good man, a former President who is deceased is sickening. That is something I would expect from the loony left not someone who claims to be a centrist. There is nothing centrist in either you or randel
 
Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]


Here is where we can agree believe it or not. Reagan did a better job that any other Republican since Eisenhower. He wisely spent his way out his recession, signed the largest tax increase in history and even though he tripled our debt, at least he knew revenue was part of the equation. I long for someone on the Right with half the sense he had. All we have now are total morons who have sold out to their rich benefactors who manipulate them like puppets on a string. With all his faults, Reagan truly cared about this country and its people. That is what is missing from the current crop of Republicans.
 
Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

Lost in all this is the real common sense solution - adopt a balanced budget that doesn't require taking on further debt. Of course that seems to be the last solution either side of the political aisle wants the public to notice.
 
Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

Centrist just means not committed to either the Right or Left.

Like I said, his greatness is all in your head. It's something you convinced yourself to believe just like you think the recession of 81 was worse than the current recession.

Here's the real Ronald Reagan:

Reagan administration scandals - Wikipedia, the free encyclopedia

 
Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]


LOL, you actually believe Obama and today's Democrat Party care about this country? They care about their power and their ability to keep their power by destroying any threat to it. Reagan's so called largest tax increases in history were use tax increases. If you don't use the services you don't pay the taxes, apparently another subject you know little about. Income tax rates were cut three years in a row and income tax revenue grew by 60% something liberals said would never happen with tax cuts. Reagan's tax cuts stimulated the private sector and 17 million total jobs were created. Economic growth comes from creating incentive, not penalizing success.
 
Re: Most would blame Republicans


LOL Your idea of compromise is like a kidnapper who sends his victim back a piece at a time.
 
Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]


Demonizing a former deceased President is a sickness, seek help. Reagan has nothing to do with this thread topic and your comments only show your ignorance and exactly the kind of person you are. It isn't a pretty picture
 
jmotivator said:
But where does that money come from when that bond is paid?
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From revenue/bond sales.

Is it pinned to productivity?
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No, nor is it intended to be pinned to productivity. That doesn't even make sense.

It is purely an inflationary pressure. It is purely an increase in currency.
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Nope! It is purely a cash flow into the private sector. It is not an increase in the money supply as the proceeds come directly from the current monetary stock.

That doesn't mean that inflation happens when a bond is paid, but in means that the central bank is forced to push deflationary measures to counter it.
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You simply have no idea of what you speak.
 
Re: Most would blame Republicans

haymarket said:
Let me guess...... next year another delay? :doh And after that? Ray Charles can see this coming a mile away and he is both dead and blind. :roll:
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I agree with you Hay. It is better to kill it this year. Think of all of the money the taxpayers will save by not having to foot the bills for other peoples' health insurance.

It also gets rid of an unconstitutional stinker.
 

You not what you are talking about. .. The ss trust fund, which is what we're really talking about does not buy treasury issuances. Once you figure this you'll recognize the absurdity of your comments above.
 
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Re: Most would blame Republicans

It is time to privatize them.
 
JMak00 said:
I neither again... The ss trust fund, which is what we're really talking about does not buy treasury issuances. Once you figure this you'll recognize the absurdity of your comments above.
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It does not matter what instrument they buy, the debt accrues from it anyway. But debt does not come from revenue does it? If you are not a college graduate in economics you should stick to the CBO debt numbers. They do the math for you.
 
I have to say, these low information Obama voters are incredibly stupid. Listening to some liberal radio this week, they are constantly calling in and asking why the republicans are not being arrested for extortion or terrorism or treason. As if the democrats are the only ones allowed to have an opinion on legislation. They truly believe that the State should crush opposing views, as long as it's not theirs.
 
Mithros said:
How can output outpace productivity when productivity is output per individual? The only way output can grow faster than productivity is if you also increase participation, which has no effect on inflation.
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Inflation occurs when nominal GDP growth is higher than productivity growth; it's not even up for debate.

A less-wonkish explanation of the concept can be found here.

The author is likely to be our next Chairman of the Federal Reserve Board of Governors.
 
Re: Most would blame Republicans

This implies that your unstated assumption is that Obamacare is a good thing. It isn't. How could it be? It will be enforced by the IRS, the same people who target conservatives and patriots for harassment. Now my government will decide whether I live or die based upon my politics? "We will have you wait for three years for that life saving surgery because you are a conservative."
 
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I think they are confused by the fact that the House seems incapable of even the most basic jobs in Govt. KEEPING IT OPEN. Incompetence is not a crime though so maybe we should just take this job out of the Houses hands if it is too difficult for them to handle. I would bet there would be a lot of support from the people for that right about now.
 
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Re: Most would blame Republicans

Given this do you believe the President should be enforcing all of the immigration laws?
 
Kushinator said:
Where does the net interest end up?
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A good portion of the interest is paid to creditor nations like China. And at this point the argument could be made that maybe someone should have asked China first if it was alright to shut down the government.

First, high levels of debt mean that too many of our taxpayer dollars are wasted on paying interest. This is money that could have been better spent elsewhere, by letting us all keep more of our hard-earned money or by better funding national priorities such a defense and infrastructure .

Second, when debt gets high enough or rises fast enough, capital markets do take notice and interest rates will rise. As history has shown in the past this can happen quickly with a dramatic twist. Interest rates on mortgages, car loans and credit cards would go through the roof.

Third, inflation could become a problem. As debt rises, the Federal Reserve could turn to that age-old, but dangerous tactic: printing money. This reduces the value of the debt, but it would also usher in a new age of inflation. OMG all these months of Bernanke propping up the market with all that QE well,..... at some point is is going to all come crashing down.

Fourth, high levels of debt usually translate to much lower levels of economic growth. We have certainly been experiencing that these past 4 years. According to the CBO we are running 73% of GDP, but it will hit 100% by 2038. I don't know how louder a clarion call anyone needs to show the devastation if we don't get spending in the Federal government under control.

Fifth, this is a moral issue. Running up debts and passing them on to younger generations is wrong. Enough!
 

The Fed owns more debt than China, and it returns 95% of the earned interest back to the Treasury...
 
AlabamaPaul said:
The Fed owns more debt than China, and it returns 95% of the earned interest back to the Treasury...
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Where does the money come from that pays that interest back to the Treasury? Where is the Treasury going to get the money to fund the SS IOU's?
 
Conservative said:
Where does the money come from that pays that interest back to the Treasury? Where is the Treasury going to get the money to fund the SS IOU's?
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It's called a circle jerk... :mrgreen: The point being is that the Fed is currently monetizing the debt...
 
iguanaman said:
It does not matter what instrument they buy, the debt accrues from it anyway. But debt does not come from revenue does it? If you are not a college graduate in economics you should stick to the CBO debt numbers. They do the math for you.
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Your comments about the debt are absurd and ignorant. No matter how you parse it out - accruing debt incurs additional costs and those costs have to be paid for with either more revenue or more debt. SS debt cannot be sold to investors, so it must be paid with general fund revenues. We current ly don't have a surplus, therefore, paying SS requires borrowing for other expenditures. What do you not get about this?
 

The "leadership' that led us out of the 82 recession (mild by 2008 standards, really) was massive government spending... mostly on defense.

We dont have that kind of leadership in todays Congress because its run by teabaggers, who view government spending and debt wrongly as contributing to recessions. So Obama has basically had to do it without government hel (except for his stimulus, which was enough to stave off total disaster) . and government jobs have been plummeting since the end of the stimulus.
 
Re: Most would blame Republicans

iliveonramen said:
Like...the mandate that everyone is required to get a education? Big fat failure that one.
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We completely agree here. Let's move on to the free market for education and get the government completely out of it. If we don't how can we be surprised when Americans are too dull to see the obvious dangers they have put themselves into? Voting a fraud into office once is a mistake. Twice indicates something far worse. Government schools for a hundred years and now we have a government takeover and absolute control over every American.
 
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