If we faulted in our debt it’s Biden’s fault and here’s why.

Discussion in 'Political Opinions & Beliefs' started by Joe knows, May 25, 2023.

  1. cd8ed

    cd8ed Well-Known Member Past Donor

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    Except that didn’t happen

    And I will :)
     
  2. Xyce

    Xyce Well-Known Member

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    Last edited: May 26, 2023
  3. Joe knows

    Joe knows Well-Known Member

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    The payments are not being held hostage. The democrat funding has obviously ran out or we wouldn’t be here. We are now in Republican controlled funding. Whether the democrats like it or not we elected them out of the purse.
     
    Last edited: May 26, 2023
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  4. Joe knows

    Joe knows Well-Known Member

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    There is no twist. The democrats are the ones twisting. You can’t demand something they control. The republicans are demanding from themselves? We elected them. They are doing exactly what they were elected to do. Find me one Republican that was elected to keep up with democrat policies.
     
    Last edited: May 26, 2023
  5. AmericanNationalist

    AmericanNationalist Well-Known Member

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    The validity of the public debt doesn't mean that the government can raise funds that it simply doesn't have. Sure, raising the 'debt ceiling' might authorize the spending but that doesn't mean the money is automatically available. That's why I point to Debt-GDP as the tellmarker of the economy.

    Which has been at WWII levels for about 8 years now, and above 105% since 2010! It's absurd. To me, the budget is a severe national security issue.
     
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  6. cd8ed

    cd8ed Well-Known Member Past Donor

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    ROFL!!!
    “Media Research Center, a conservative watchdog organization, tested that theory recently in a poll of 1,750 voters in seven swing states.”

    Hey, if that’s all you need to keep your spirits up! I don’t know a single Biden voter that would have voted for trump had they found out his son was a crackhead. But you do you.
     
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  7. cd8ed

    cd8ed Well-Known Member Past Donor

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    The arbitrary and likely unconstitutional funding has “run out”.

    I am glad you are pushing the “we elected them so no negotiation is required”. Care if I remind you of it if democrats ever start adding USSC justices?
     
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  8. cd8ed

    cd8ed Well-Known Member Past Donor

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    And again, Republicans are welcome to stall and submit whatever budget they want — this however is the budget from the congress that was elected at the time.
     
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  9. cd8ed

    cd8ed Well-Known Member Past Donor

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    Oh I completely agree we need to get our debt under control through a combination of cuts, elimination of duplicative programs, modernization and additional taxes including removing most tax exemptions and the implementation of minimum tax rates for all sources of income.

    That said — the time to do that is during the budgetary process and should be done through negotiations that give and take some from both sides pork. It shouldn’t be done after the budget has already been passed and signed with people refusing to negotiate while calling the other side hostages.
     
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  10. dairyair

    dairyair Well-Known Member

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    And it there's no agreement on cuts, then the R house is responsible for the world recession that will occur.
     
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  11. dairyair

    dairyair Well-Known Member

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    I as an independent know full well who is risking crashing the economy.
    The group that doesn't want to fulfill the obligations before them.
     
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  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    wonder what the interest is on trump's debt alone.... and if Republican succeed is destroying the economy, what will the new interest rates do to the debt
     
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  13. Joe knows

    Joe knows Well-Known Member

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    Biden wants new taxes attached to it as well. The republicans were elected to take care of finances not Biden. If Biden blocks them from doing so it’s his fault not the republicans
     
  14. Joe knows

    Joe knows Well-Known Member

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    The interests will remain high if the debt doesn’t get cut. At least the republicans are trying to get there. They’re just being blocked by democrats. Plus the majority of Trumps spending was funded by a democrat controlled purse.
     
    Last edited: May 27, 2023
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    what did they do in 2020? declare a national emergency, release guidlines to the states to shutdown, declare war on an invisible enemy?
     
    Last edited: May 27, 2023
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  16. 2ndclass289

    2ndclass289 Newly Registered

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    Wrong!!
    biden has done EVERYTHING right during his presidency.
    He united the country, lowered the cost of living for low income citizens, reversed President Trump’s soft on crime policies, stopped President Trump’s bs policy to make America energy Independent while stopping Russia from having ANY influence on our oil supply, stopped Russia from invading Ukrainian, successfully withdrew our troops and humanity citizens from Afghanistan without a single casualty, sealed our borders so illegals could never harm our fellow Americans, put a halt to “the green new deal” that takes away an INCREDIBLE amount of rights from the taxpaying citizens of our country!!

    So you see…..

    uh oh…..

    I may have been mistaken…….
     
  17. dairyair

    dairyair Well-Known Member

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    debts and deficits are both about income vs spending.
    But what he wants and what he gets are not the same.

    I would bet on no new taxes.

    If republicans were elected to take care of finances, the country is in deep deep trouble.
    Look back over history and when R's have control, The country has the biggest debts, spending and deficits.

    Just look back as recently as 2017 when R's had all the power.
     
    Last edited: May 27, 2023
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  18. Joe knows

    Joe knows Well-Known Member

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    Actually, Republican controlled purses spend less through history than democrat controlled purses. Republicans still spent less when they had all control than when democrats took over the purse after. I promise, Biden’s last two years will be less spending than his first two because of the purse bearers
     
    Last edited: May 27, 2023
  19. dairyair

    dairyair Well-Known Member

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    I see you forget about 2018 and 2019 budgets when R's had total control.
    Actual data always shows the true picture.
    Use it sometime.

    upload_2023-5-27_7-31-15.png
    upload_2023-5-27_7-31-53.png
    https://www.thebalancemoney.com/us-deficit-by-year-3306306

    Notice 2018 and 19 deficit vs GDP? those are the R years.
    2020, trump was still president and R still had Senate.
    Note, 2020 and 2021 were recession and recovery from recession. IE, GDP went down.
     
    Last edited: May 27, 2023
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  20. Joe knows

    Joe knows Well-Known Member

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    Your post proves my point. Democrats controlled purses spend more money
     
  21. Xyce

    Xyce Well-Known Member

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    They shut down the economy, which is an unprecedented--and very stupid--thing to do to supposedly fight, as you call it, "an invisible enemy." Both parties are guilty of locking down, but Democrats stand out. In the beginning, when we really did not know about COVID-19, both parties shut down; but, after some time, once we learned more about the Wuhan virus, Republicans took the lead in reopening their economies. In contrast, Democrats doubled down on locking down. However, they did make an exception for protesting--kinda: they criticized the protests against lockdowns, but they were absolutely on board with the BLM protests and rioting. That was not only allowed; it was encouraged. I agree: I think they did this in part because they thought that shutting down was a solution to a virus. Again, it was a stupid measure, but I think they did think that. But I also think that they knew it was an election year and that tanking the economy and thus destroying people's lives and their dreams--which led to an uptick in suicides, by the way--was politically beneficial to them.
     
    Last edited: May 27, 2023
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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  23. FreshAir

    FreshAir Well-Known Member Past Donor

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    nope, Trump did that, it was Trump's shutdown and reopen guidelines
     
  24. Xyce

    Xyce Well-Known Member

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    No
     
  25. FreshAir

    FreshAir Well-Known Member Past Donor

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    if you do not pay your credit card debt, the interest rate sky rockets - making it harder to repay the debt, sometimes impossible to repay the debt
     
    Last edited: May 27, 2023

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