As things stand now, House Republicans will cause the United States to default on its debts

Republican don't care, they want to destroy the economy it seems, they want to bk America and try to blame it on Biden

 

all Joe can do, it's in the Republicans hands to destroy the economy or not... all we can do is sit back and watch

 

all these years of tax cuts for the rich, and this is what we got... DEBT

 

McCarthy THOUGHT he had a plan.

And, it is the HOUSE that has to create a plan. Then, the SENATE has to consider that plan.

McCarthy has JACK. So, it's not surprising that he's searching for someone else to blame.

Yes, Biden isn't going to work to outmaneuver the Senate.

 

These Republicans are still DEAD SET on working for the ultra rich.

They even refuse to allow the IRS to cut back on BILLIONAIRE CHEATING!!

NOW they propose cutting healthcare and food for the poor!!!

Seriously. Who the hell ARE these Republicans???

 

The McCarthy plan was to cut food and healthcare for the poor!!!

Across the sun belt, we're seeing a resurgence of babies born with syphilis - a disease that could have been solved with one cheap injection if pregnant women could afford pregnancy check-ups. Now those babies have serious and lasting problems.

THAT is what Republicans want to make WORSE.

And, ONE reason is that Republicans DEMAND to ensure that the wealthy can continue cheating on their taxes.

 

Biden and the Dems are. This is known. When they were passing the first Trillion Dollar Red Ink Orgy, Larry Summers, Clinton's Treasury Secretary, told them under no uncertain terms that they were about to unleash the hell fires of inflation.

Well, they didn't listen, and they even passed two additional $Trillion Red Ink Orgies and the our real wages and the entire economy is sinking as a result.

And back to topic. We are facing default because Biden and the Dems planned Fiscal Year 2022 spending to exceed the debt limit. Gallup has Biden's approval on the economy at only 32%. It's time for Biden and the Dems to tighten their belts just a little, especially since the average American has had to tighten their belts a LOT, since Biden and the Dems started the Red Ink Orgies that lit the hell fires of inflation that are burning down the economy and our real wages.

 

Biden's moves on inflation have proven to be effective.

And, Biden was not responsible for the inflation we experienced. The primary causes were the supply chain problems and the price of oil, which is a significant contributor to inflation here.

Employment returned after COVID, so people had money, but the supply of what they wanted wasn't sufficient due to supply chain problems. Thus prices increased - inflation.

Biden does NOT have control over supply chain or product supply or product price, and he certainly does NOT have control over world oil price.

 

Utter bullshit.

 

But you hold Biden harmless never mind that his first step was to limit oil production in the US. Current US production is 2000 barrels a day less than it's peak under Trump. It would be even less were it not for tertiary production wells coming back on line.

 

Biden is part of the mix, as he has the final say on whether a bill becomes law or not. He needs to get Chucky boy and McCarthy in there to hammer out an agreement. He won't do it so it's on him.

 

No it isn't. You mean all those waiters and waitresses not reporting tips and and the crafters selling odds and ends at state fairs and the like all those rich people? That's the only ones they seem to be going after.

 

it is, but republicans still plan to do it, sad really

 

The only reason to ever raise the debt ceiling is to cover increased spending.

 

They understand what the debt limit is, and because Biden and his party can't control their spending McCarthy & Co. are using the debt limit as leverage to curb the Left's profligacy.

The choice is up to Biden and the Babeuvian Illiterati pulling his strings - they can negotiate with Republicans or they can throw the country into default.

Time to get to work....

 

Raising the debt ceiling is routine. It is McCarthy who is going out on a limb, and the limb is going to be cut off. He doesn't even have the support of his own caucus, and the passage of his bill is in serious doubt. He may not even bring it to a vote.

Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican Presidents and 29 times under Democratic Presidents, including three times while Trump was President.

All of this is why you changed the subject, an oft-used Republican tactic, avoid reality.

 

Oil price increased primarily due to the Ukraine/Russia war, which caused and threatened to cause supply disruptions.

Biden's action on oil production could not have affected the period of inflation we experienced. It wouldn't have made a substantial difference in the world volume of oil during that period.

Plus remember that a few short years ago, oil went so far down in price that producers were going bankrupt. Our last president was desperately trying to RAISE the price of oil

Trying to diddle the world oil market by drilling some more wells is NOT a sound direction.

 

Those folks are easy marks for the IRS. Plus, they are poor, so Republicans don't care.

The real crime here is that Republicans are working to continue allowing those with GIGANTIC wealth to cheat - not on tips, but on millions of dollars that then gets made up by more weight on working families.

After our pathetic IRS effort to reign in the criminal activity of the rich, what remains is $381 BILLION in unpaid taxes PER YEAR.

McCarthy wants to go after our national debt.

HE and the Republicans propose doing that by denying healthcare and FOOD to those at the bottom end of America.

He could SOLVE his favorite problem by reigning in the blatant criminal activity of the super wealthy.

 

The only move Biden made that was even moderately effective was to drain the US petroleum reserve. Now that that's done inflation numbers will begin climbing again as the fed goes back to fighting inflation fighting by lowering demand through increased interest rates. Which eventually puts people out of work. Yeah good job joe

 

Notice how Republicans want to change the subject. They are not fans of reality or what their party is doing.They prefer talking about Democrats.

 

The American population is rapidly getting larger. Many of the Baby Boomers are now over seventy. Nearly all have reached retirement age.

Think about it. What does that mean? In terms of the services provided by our federal government -- such as Social Security and Medicare -- the cost of those services increase daily. In addition, everything from highway and bridge maintenance to military spending increases daily.

That is why the business of government is more costly and why the debt ceiling has to be increased on a regular basis.

Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican Presidents and 29 times under Democratic Presidents, including three times while Trump was President.

It is not anything Biden is doing. It is amazing to me that Republicans are unable to understand that.

But they don't. The facts appear to be beyond their abilities, and they prove that daily.

Let me further illustrate. RodB, how about we cut your benefits to decrease spending?

No. What makes you special? RodB thinks others should pay the price to decrease government spending ... not him.

Taken altogether, do Republicans finally see my point?

They will probably ignore this report. They detest reality, preferring fantasies and wishful thinking instead.

 

As pointed out NO move by Biden would cause a change in the world oil supply. Thus he made the temporary move with our reserves, coming at a high point in inflation.

Changing interest rate is the only direct way for the executive branch to control inflation. ALL economists point that out.

As for supply chain, Biden has been seriously active. You should read about it.

 

That's like saying "I charged $100,000 on my credit card, and my wife won't let me take out another loan to make the minimum payment. SHE is going to make me default!".


Uh. No.

 

Dude almost all the corporate exemption and set aside were written by progressives going back decades. 80 to 90% of corporate political spending year in and year out goes to Democrats that's just a fact. It may not be one you like, but it is none the less a fact. Sorry but if you really thing Dems are going to tax their mega donors, your home address must be Fantasyland USA. The Democrat party can't win with zuckerbucks and Bezosbills, and Gates' gazillions. And none of them are doing anything Illegal sorry.

 

Compromise is a four letter word even within the conservative movement. If you listen to conservative arguments, they think that proper governance is when the GOP controls the House, Senate, and the WH before they are willing to compromise. And that does not happen. The GOP have been more of a blocking party or obstructionist party when they are not in power, more so when they are in power, and will continue to do so.