Democrats push to eliminate the debt ceiling, allow unlimited government borrowing

[Conservative]

It funds things like school lunch programs ..education. medicaid. ..welfare like snap benefits..
Federal grants for housing etc.

Do you know what HHS is?

 

[Conservative]

Your quarrel is not with me, for it’s not my analysis. Your beef is with sites like the VOA, Money Geek, the Pew Charitable Trust, CBS, the Tampa Bay Times, the Rockefeller Institute, and the many other places where you can find what I am referring to.

What you are referring to and ignoring is that the Federal dollars going to the states are federally mandated expenses having nothing to do with the dollars going to DC in the form of taxes

 

[jaeger19]

Do you know what HHS is?

Yes.
Now back to thexquestion

Can the economy grow without government intervention or can it only grow because of government?

 

[Conservative]

Yes.
Now back to thexquestion

Can the economy grow without government intervention or can it only grow because of government?

Of course the economy can grow without gov't intervention as the largest component is consumption/consumer spending. Such a big gov't liberal you are calling yourself a conservative. You ever going to explain why we need a 6.8 trillion dollar gov't and where the states get their revenue? Of course not, keep up diverting with that liberal bs

 

[Nickyjo]

What you are referring to and ignoring is that the Federal dollars going to the states are federally mandated expenses having nothing to do with the dollars going to DC in the form of taxes

I agree with your statement. No quarrel. I am just asserting what the sites I referred to explain, that some states’ citizens pay more to DC than the states get back in federal expenses. In other states, it may be the reverse. Can you at least agree that is the case?

 

[Conservative]

I agree with your statement. No quarrel. I am just asserting what the sites I referred to explain, that some states’ citizens pay more to DC than the states get back in federal expenses. In other states, it may be the reverse. Can you at least agree that is the case?

But it is a bogus argument that doesn't recognize that federal expenses such as military bases, retirement income will be more in some states than others. You want the state taxpayers to pay those expenses?

 

[Nickyjo]

But it is a bogus argument that doesn't recognize that federal expenses such as military bases, retirement income will be more in some states than others. You want the state taxpayers to pay those expenses?

I am not arguing anything, just stating facts. This issue does surface, however, when conservatives grumble about significant federal aid going to some states accusing them of free loading, or on the other side, when some liberals point out that specific military weapons projects are spread over 2-3 states so as to get more Senate support.

 

[Conservative]

I am not arguing anything, just stating facts. This issue does surface, however, when conservatives grumble about significant federal aid going to some states accusing them of free loading, or on the other side, when some liberals point out that specific military weapons projects are spread over 2-3 states so as to get more Senate support.

Where did I ever accuse the Blue states from freeloading? Stop using the argument that Red States are receivers of Cash from the Federal Gov't thus takers and Blue states are givers because that lacks context. your state gets by far the most Federal Dollars back because of the federal expenses in your state. TX is second and they are also 1-2 in population

 

[Nickyjo]

Where did I ever accuse the Blue states from freeloading? Stop using the argument that Red States are receivers of Cash from the Federal Gov't thus takers and Blue states are givers because that lacks context. your state gets by far the most Federal Dollars back because of the federal expenses in your state. TX is second and they are also 1-2 in population

Note that I said conservatives, not you, dear Conservative. I was referring to the sound bite back and forth that surfaces in the media from time to time.

 

[Conservative]

I am not arguing anything, just stating facts. This issue does surface, however, when conservatives grumble about significant federal aid going to some states accusing them of free loading, or on the other side, when some liberals point out that specific military weapons projects are spread over 2-3 states so as to get more Senate support.

Note that I said conservatives, not you, dear Conservative. I was referring to the sound bite back and forth that surfaces in the media from time to time.

Is this why you want the federal taxpayers to provide support to you and the citizens of California?

 

[Nickyjo]

Is this why you want the federal taxpayers to provide support to you and the citizens of California?

As and if needed, much as I want the feds to help out other states.

 

[Conservative]

As and if needed, much as I want the feds to help out other states.

Why

 

[Conservative]

As and if needed, much as I want the feds to help out other states.

Other states didn't create your social problems what are your high state and local taxes funding? Why is it the 5th largest world economy not solving social problems in your state for isn't the liberal ideology supposed to give me a hand up?

 

[Nickyjo]

Why

Citizenship, Christianity, solidarity, compassion, practicality.

 

[Conservative]

Citizenship, Christianity, solidarity, compassion, practicality.

Your problems start at home, your taxes fund programs supposedly to not create social problems, why should federal taxpayers pay for what you actually control?

 

[Nickyjo]

Your problems start at home, your taxes fund programs supposedly to not create social problems, why should federal taxpayers pay for what you actually control?

I don’t control whether I will catch some diseases, nor do I test the drugs I take monthly via infusion for a disease I have. I get these drugs, reviewed by an agency paid for by federal taxpayers, in a hospital regulated by the federal (and state) government, which regulation is paid for by federal taxpayers. But maybe I am missing your point. What problems that start at home that I control do you think I want regulated by the feds?

 

[jaeger19]

Of course the economy can grow without gov't intervention as the largest component is consumption/consumer spending. Such a big gov't liberal you are calling yourself a conservative. You ever going to explain why we need a 6.8 trillion dollar gov't and where the states get their revenue? Of course not, keep up diverting with that liberal bs

Well good. See you are coming along..

So. If in one year..without a tax cut or any government intervention..
The economy grows by 2%.
The next year after a tax cut..the economy still grows by tge same 2%.
Do you assume that all the growth must be due to the government tax cut?

Or. Do you realize that the private sector had grown 2% the year before..and 2% the next year and its possible the tax cut didn't cause any growth?

Please answer and explain.

 

[Conservative]

Well good. See you are coming along..

So. If in one year..without a tax cut or any government intervention..
The economy grows by 2%.
The next year after a tax cut..the economy still grows by tge same 2%.
Do you assume that all the growth must be due to the government tax cut?

Or. Do you realize that the private sector had grown 2% the year before..and 2% the next year and its possible the tax cut didn't cause any growth?

Please answer and explain.

You really have an obsession with giving gov't more money or more spending authority, why don't you and your other liberal friends send back your tax cut each paycheck?

You already agreed that consumption was the major source of GDP and that comes from consumer spending of spendable income which not only benefits the GDP but also state and local revenue. and that is what really matters in a private sector economy.

A lot of focus on percentage growth not dollar growth, why? GDP growth was impacted by the high Biden inflation and percentage growth is skewed by the high GDP dollars. Obama's 2% GDP Growth was 500 billion dollars per year on a 14 trillion dollar economy, Trump 2% growth was 900 billion dollars per year on the 18 trillion dollar economy, quite a difference!

 

[jonny5]

Another update,

https://www.cbo.gov/system/files/2023-04/58995-MBR.pdf

Deficit 430bn HIGHER than last year so far. I thought Biden said he lowered it? And the reason, as always, is out of control spending, which is 13% higher .

Interest on the DEBT is 90bn higher, for a total of 308bn so far wasted on debt service. And democrats want to make the debt unlimited.

 

[jaeger19]

You really have an obsession with giving gov't more money or more spending authority, why don't you and your other liberal friends send back your tax cut each paycheck?

You already agreed that consumption was the major source of GDP and that comes from consumer spending of spendable income which not only benefits the GDP but also state and local revenue. and that is what really matters in a private sector economy.

A lot of focus on percentage growth not dollar growth, why? GDP growth was impacted by the high Biden inflation and percentage growth is skewed by the high GDP dollars. Obama's 2% GDP Growth was 500 billion dollars per year on a 14 trillion dollar economy, Trump 2% growth was 900 billion dollars per year on the 18 trillion dollar economy, quite a difference!

Well conservative..I am tr6ing to get you to understand that percentage growth and dollar growth are related.

And since you are so focused on government spending...why don't you send your social security check and your stimulus checks back to the government. ?



Now you need to focus on question I asked.

So. If in one year..without a tax cut or any government intervention..
The economy grows by 2%.
The next year after a tax cut..the economy still grows by tge same 2%.
Do you assume that all the growth must be due to the government tax cut?

Or. Do you realize that the private sector had grown 2% the year before..and 2% the next year and its possible the tax cut didn't cause any growth.

Supposedly you understand this so well..why can't you answer?

 

[jaeger19]

Another update,

https://www.cbo.gov/system/files/2023-04/58995-MBR.pdf

Deficit 430bn HIGHER than last year so far. I thought Biden said he lowered it? And the reason, as always, is out of control spending, which is 13% higher .

Interest on the DEBT is 90bn higher, for a total of 308bn so far wasted on debt service. And democrats want to make the debt unlimited.

Hmm.democrats?
Trump and company suspended the debt ceiling three times.

Democrats??

 

[Conservative]

Well conservative..I am tr6ing to get you to understand that percentage growth and dollar growth are related.

Right, we all know that 500 billion is the same as 900 billion, Amazing

And since you are so focused on government spending...why don't you send your social security check and your stimulus checks back to the government. ?

Because SS is my and my employers contribution as a pay as you go system.

Now you need to focus on question I asked.

So. If in one year..without a tax cut or any government intervention..
The economy grows by 2%.

No, you need to focus, there is no reason to increase the debt ceiling and no why is 2% growth on 14 trillion the same as 2% growthon 18 trillion, Just goes to show how challenged most liberals are with math ignoring that billion is a huge number

The next year after a tax cut..the economy still grows by tge same 2%.
Do you assume that all the growth must be due to the government tax cut?

Don't care, why do you? What about state and local growth? Do you even know where the local community gets its revenue?

Or. Do you realize that the private sector had grown 2% the year before..and 2% the next year and its possible the tax cut didn't cause any growth.

Supposedly you understand this so well..why can't you answer?

Don't really care because I know the role of the state and local governments and without consumer spending their sales tax revenue will be nil!!

 

[Conservative]

Hmm.democrats?
Trump and company suspended the debt ceiling three times.

Democrats??

You think that makes it ok for Biden and Congress to do it for his 6.8 trillion dollar budget? How liberal of you

 

[jonny5]

Hmm.democrats?
Trump and company suspended the debt ceiling three times.

Democrats??

Yes, democrats want no debt ceiling, not Trump. Trump is not President, democrats are. And are responsible for the current deficit spending, and now share responsibility with House Republicans for inaction on dealing with it, today. Not Trump.

 

[Conservative]

Well conservative..I am tr6ing to get you to understand that percentage growth and dollar growth are related.

And since you are so focused on government spending...why don't you send your social security check and your stimulus checks back to the government. ?



Now you need to focus on question I asked.

So. If in one year..without a tax cut or any government intervention..
The economy grows by 2%.
The next year after a tax cut..the economy still grows by tge same 2%.
Do you assume that all the growth must be due to the government tax cut?

Or. Do you realize that the private sector had grown 2% the year before..and 2% the next year and its possible the tax cut didn't cause any growth.

Supposedly you understand this so well..why can't you answer?

So why the silence, I cannot wait to hear how 500 billion dollars per year is the same as 900 billion dollars per year, Obama vs Trump GDP dollar growth especially with the 2% growth being the same thing? Now show us some of that liberal intelligence and dazzle us.