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He's absolutely right. THERE IS NO DEBT "CRISIS." Tell me ONE WAY that the deficit has created problems, aside from political posturing.
That is contrived by the right wing Republicans; "paying down" the debt will ultimately result in lower wages and even more insane wealth concentrations at the very top.
You watch. The taxes will be "restructured" to bow to intense and continuing Republican threats; ultimately, working Americans will end up paying more in the total tax bill.
Reagan started this, and it never ended.
Let's start with the $85 billion a month the Fed is dumping into the Bond market to shore up the Stock Market.
When that bill comes due, this "recovery" will burst like an over-ripe pimple on your ass.
You're assuming that it will "come due." If that happens, it will be because someone made that conscious decision.
The "debt" is illusory, as is our entire monetary system. This is merely a less-bloody system that allows institutionalized slavery/feudalism; i.e., control of the masses by the aristocracy.
How will Obamas' gift of 30 billion dollars of our money to Afghans solve the debt crisis? How will his hundreds of millions to Egypt solve our debt crisis? How will his endless spending jaunts using other peoples money ( the communist creed ) benefit Americans paying off the debt? Please explain that one, Dante. Thanks.
When you say "Obama's gift", do you mean funds approved by Congress?
Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?
Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?
Actually, Mr. Obama has increased the debt over $7 trillion dollars, since the $700 billion TARP funding was mostly repaid and spent by the Obama administration.
If Obama does not believe we have a spending problem or a debt crisis, why does he insist on tax increases to reduce the deficit that he does not intend to reduce?
How will Obamas' gift of 30 billion dollars of our money to Afghans solve the debt crisis? How will his hundreds of millions to Egypt solve our debt crisis?
He's absolutely right. THERE IS NO DEBT "CRISIS." Tell me ONE WAY that the deficit has created problems, aside from political posturing.
That is contrived by the right wing Republicans; "paying down" the debt will ultimately result in lower wages and even more insane wealth concentrations at the very top.
You watch. The taxes will be "restructured" to bow to intense and continuing Republican threats; ultimately, working Americans will end up paying more in the total tax bill.
Reagan started this, and it never ended.
Let's start with the $85 billion a month the Fed is dumping into the Bond market to shore up the Stock Market.
When that bill comes due, this "recovery" will burst like an over-ripe pimple on your ass.
You're assuming that it will "come due." If that happens, it will be because someone made that conscious decision.
The "debt" is illusory, as is our entire monetary system. This is merely a less-bloody system that allows institutionalized slavery/feudalism; i.e., control of the masses by the aristocracy.
He's right.
More spending is what is required.
Explain how you spend your way out of debt.
He's right.
More spending is what is required.
Explain how you spend your way out of debt.
Spending encourages economic activity and greater revenue from taxation.
How will Obamas' gift of 30 billion dollars of our money to Afghans solve the debt crisis? How will his hundreds of millions to Egypt solve our debt crisis?
you might want to ask the same of the Trillions spent in Iraq, genius.
Egypt buys BILLIONS in defense infrastructure from us. We make money off of them.
He's right.
More spending is what is required.
Explain how you spend your way out of debt.
Spending encourages economic activity and greater revenue from taxation.
Explain how you spend your way out of debt.
Spending encourages economic activity and greater revenue from taxation.
Really. By that logic the 800 billion dollar stimulus package would have created hundreds of billions in new revenue.
But that didn't happen.
Show how the billions of dollars sent to Syria, Egypt and Pakistan etc... has created "greater revenue" for us.
He's right.
More spending is what is required.
He's right.
More spending is what is required.
Explain how you spend your way out of debt.
Spending encourages economic activity and greater revenue from taxation.
Kick ass employment news today with 10 straight days of records for the Dow.
Assholes are losing your argument in real time. Must suck to be you.
Kick ass employment news today with 10 straight days of records for the Dow.
Assholes are losing your argument in real time. Must suck to be you.
