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U.S. is closing in on doing something it hasn’t done since World War II — borrowing more money than

99percenter said:
Re: U.S. is closing in on doing something it hasn’t done since World War II — borrowing more mon



Yes. I am conservative.
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Where were you when der fuhrer was blowing up the debt with a. trillion in tax cuts for the 1%.

Oh, I forgot, that has been consistant GOP fiscal policy for forty years.

Don’t talk about the deficits while GOP Presidents are doubling (Bush) and tripling (Reagan) the national debt.

But rediscover fiscal conservatism the day after your man loses an election.

The GOP didn’t care that the country was running surpuses in 2000. They went on to double the national debt in eight years and leave an economic collapse in their wake.

I predicted that this was what the GOP was going to do in 2008, and they hamstrung the recovery with their obstruction. Which is exactly what happened.

Now, the Trump crowd is going to rediscover fiscal conservatism, after a four year absence.
 
RetiredUSN said:
No worries.

The democrats will magically fix the debt/deficit problem, or just spin it as a positive.

I hope they hand out some decent lube this time when they **** the middle class all over again with their tax hikes.
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So for the last 4 years the Dems had control only of the house for 2 years

So at most one third of the power yet you decide to place 100% of the blame on them
 
RetiredUSN said:
No worries.

The democrats will magically fix the debt/deficit problem, or just spin it as a positive.

I hope they hand out some decent lube this time when they **** the middle class all over again with their tax hikes.
Click to expand...
They did a good job fixing the problem in the last two dem presidencies. Lets hope biden will continue the good work.
 
So what? Everyone in the USA should be sent 100 blank checks payable by the Treasury Department every month. This way everyone can live like a billionaire. People remain permanently under house arrest and order anything and everything they want and need from Jeff Bezos because he's near destitution.
 
joko104 said:
So what? Everyone in the USA should be sent 100 blank checks payable by the Treasury Department every month. This way everyone can live like a billionaire. People remain permanently under house arrest and order anything and everything they want and need from Jeff Bezos because he's near destitution.
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So, Joko math is; a "couple" (you do know that means two right?) = billionaire.

ROTFLMAO oh Joko you slay me! LOL!
 
Rudy said:
Dow just hit 30,000 for the first time ever because the Biden transition is starting.
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I would say the Dow hit 30k mostly because of unprecedented monetary policy... not just because of the Biden transition announcement.
 
joko104 said:
So what? Everyone in the USA should be sent 100 blank checks payable by the Treasury Department every month. This way everyone can live like a billionaire. People remain permanently under house arrest and order anything and everything they want and need from Jeff Bezos because he's near destitution.
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Well, you didn’t care one whit about it six months ago, and certainly NOT any time in the last four years.
 
Rudy said:
LOL! Um, NO. Traders even stated why it went up but nice try.
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Earnings are total horseshit. The only real reason the Dow is above 30k is due to monetary policy. Specifically, money has been commanded to aggregate into the next-best-thing. The first best thing is Treasury securities.
 
TomFitz said:
Well, you didn’t care one whit about it six months ago, and certainly NOT any time in the last four years.
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^ Lying is the #1 Democratic Party tactic, so accordingly that's what most Democrats post on this forum.
 
Rudy said:
LOL! Um, NO. Traders even stated why it went up but nice try.
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Of course the Fortune 500 and other mega billionaire corporations are extremely happy that all their economic competition continues to be literally outlawed on their behalf. The position of the government is that if a store doesn't have at least 500 customers a day it must be outlawed because it is the public interest to infect as many people with covid-19 as possible.
 
99percenter said:
U.S. is closing in on doing something it hasn't done since World War II — borrowing more money than it raises - MarketWatch



Trumpists will probably ignore the first point in order to absolve their messiah of blame.
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In case you missed it, Biden just won has proposed trillions in new deficit spending. He is pushing the House stimulus that was going to add another $2.2 trillion. Thank God democrats have taken over for. OUr deficit woes will be solved, right?
 
joko104 said:
^ Lying is the #1 Democratic Party tactic, so accordingly that's what most Democrats post on this forum.
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I’ll take that as a confirmation.
 
TomFitz said:
I’ll take that as a confirmation.
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What purpose do you think there is in posting lies about me in messages at me? Yes, I confirm your message is a lie. See, we can agree on something after all.
 
Who cares how much we borrow. When Republicans are in power liberals cry on and on about the horrid deficit. When liberals are in power conservatives get all concerned about the deficit. But EVERYBODY knows we ain't gonna pay any of it back. Eventually we'll hit some big fat reset button. Probably when we can't afford the interest on all that debt anymore. In the meantime keep fighting for whatever kind of government welfare helps you out the most, whether you're big business, wealthy, or poor. Too bad for you middle class taxpayers; you probably ain't gettin' shit.
 
I mean if Trump really wants to piss in the cheerios he should start renouncing debt and impounding treasury payments. get our credit rating downgraded and make it harder to borrow. the Republicans should've back in 2014 just refused to raise the debt ceiling.
 
bongsaway said:
Re: U.S. is closing in on doing something it hasn’t done since World War II — borrowing more mon



Wow conservatives arguing for socialism.
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TomFitz said:
Where were you when der fuhrer was blowing up the debt with a. trillion in tax cuts for the 1%.

Oh, I forgot, that has been consistant GOP fiscal policy for forty years.

Don’t talk about the deficits while GOP Presidents are doubling (Bush) and tripling (Reagan) the national debt.

But rediscover fiscal conservatism the day after your man loses an election.

The GOP didn’t care that the country was running surpuses in 2000. They went on to double the national debt in eight years and leave an economic collapse in their wake.

I predicted that this was what the GOP was going to do in 2008, and they hamstrung the recovery with their obstruction. Which is exactly what happened.

Now, the Trump crowd is going to rediscover fiscal conservatism, after a four year absence.
Click to expand...
Psst. 99percenter is NOT a conservative
 
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