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Because printing money devalues the dollar and that then lowers the interest rate and make are products more competitive in the world market. Lot of it can be printed, but the balance is critical , the solution is tax the filthy fat rich. Simple
No, we will not raise taxes and instead cut wasteful spending, of which there is an enormous amount.who in the hell decides , the politicians decide, and you pick the politician that represents what you think is right. You decide. If the people decide they want something from the government , then raise the taxes to get it. Not complicated at all. You hate Nazis think that it is your decision , that makes you wrong .
Didn't hear a peep from republicans, when Trump spent $151 million of US taxpayer $$$ on golf.No, we will not raise taxes and instead cut wasteful spending, of which there is an enormous amount.
We didnt spend money on golf.Didn't hear a peep from republicans, when Trump spent $151 million of US taxpayer $$$ on golf.
December 24 2020We didnt spend money on golf.
Youre talking about security and travel expenses, which every president has.. Golf didnt cost anything.December 24 2020
Donald Trump has arrived at his Palm Beach, Florida, resort for the 31st golf vacation there of his presidency, raising the taxpayer-funded travel and security total for his hobby to $151.5 million.
Trump has already played golf on his own properties 289 times since taking office in January 2017, although he claimed during his 2016 campaign that he would not have time for a vacation at all. “I just want to stay in the White House and work my ass off,” he said in February 2016.
The $151.5 million total means that Trump has now spent the equivalent of 379 years of presidential salary — which he and his supporters frequently boast that he does not take — playing golf.
Trump's golf didn't cost us anything, because he was golfing at his resorts, but what about his security, while playing golf?Youre talking about security and travel expenses, which every president has.. Golf didnt cost anything.
Trump's golf didn't cost us anything, because he was golfing at his resorts, but what about his security, while playing golf?
Trump charged his entourage for golf carts, food and hotel rooms.
No, we will not raise taxes and instead cut wasteful spending, of which there is an enormous amount.
Security costs are high for every president.Trump's golf didn't cost us anything, because he was golfing at his resorts, but what about his security, while playing golf?
Trump charged his entourage for golf carts, food and hotel rooms.
My point is you can't print your way out of this deficit. You can print some of your way out of it, but not all the way out of it. And once more it is a delicate balancing act.MMT is pretty good at explaining that.
However, that deviates from my original post. I was questioning why we were borrowing money to be repaid with interest when we can print it ourselves at no cost
Yes we will.No, we will not raise taxes and instead cut wasteful spending, of which there is an enormous amount.
You are missing the point.My point is you can't print your way out of this deficit. You can print some of your way out of it, but not all the way out of it. And once more it is a delicate balancing act.
Preparing to ‘play chicken’ with default: Understanding Republicans’ ‘debt limit terror’
The United States is the only major industrial nation with a debt ceiling. America’s debt ceiling, moreover, applies only to budgetary appropriations that have already been made; it has no impact on future spending or borrowing. Indeed, as one legal scholar has argued, since legislation passed by Congress and signed by the president implicitly authorizes the U.S. Treasury to spend the money necessary to implement it, a separate requirement to increase the accrued debt creates the possibility of default, and may therefore be unconstitutional.
In any event, although debates about the national debt have become increasingly partisan, Congress and the president have agreed to increase the debt ceiling over 100 times since World War II. The debt limit has also been “suspended” — a distinction, made for political reasons, without a substantive difference — seven times. The debt ceiling was raised three times while Donald Trump was President. In 2019, when Congress suspended the debt ceiling until July 2021, Trump exulted that the agreement was “phenomenal.” The ceiling has been raised twice with Joe Biden in the White House.
Preparing to ‘play chicken’ with default: Understanding Republicans’ ‘debt limit terror’
Moody’s has estimated default could result in a 4 percent drop in GDP, 9 percent unemployment and a $15 trillion loss in household wealth.thehill.com
We can't worry about the debt, Biden has one more time to raise the debt. If if's good for tramp why not make it good for Biden.
Didn't hear a peep from republicans, when Trump spent $151 million of US taxpayer $$$ on golf.
It's far cheaper to protect the president if he remains in Washington. Trump's many trips to his golf courses cost the US taxpayers many millions.Which is paid no natter where he goes.
It's far cheaper to protect the president if he remains in Washington. Trump's many trips to his golf courses cost the US taxpayers many millions.
Totally wasteful.
www.washingtonexaminer.com
Preparing to ‘play chicken’ with default: Understanding Republicans’ ‘debt limit terror’
The United States is the only major industrial nation with a debt ceiling. America’s debt ceiling, moreover, applies only to budgetary appropriations that have already been made; it has no impact on future spending or borrowing. Indeed, as one legal scholar has argued, since legislation passed by Congress and signed by the president implicitly authorizes the U.S. Treasury to spend the money necessary to implement it, a separate requirement to increase the accrued debt creates the possibility of default, and may therefore be unconstitutional.
In any event, although debates about the national debt have become increasingly partisan, Congress and the president have agreed to increase the debt ceiling over 100 times since World War II. The debt limit has also been “suspended” — a distinction, made for political reasons, without a substantive difference — seven times. The debt ceiling was raised three times while Donald Trump was President. In 2019, when Congress suspended the debt ceiling until July 2021, Trump exulted that the agreement was “phenomenal.” The ceiling has been raised twice with Joe Biden in the White House.
Preparing to ‘play chicken’ with default: Understanding Republicans’ ‘debt limit terror’
Moody’s has estimated default could result in a 4 percent drop in GDP, 9 percent unemployment and a $15 trillion loss in household wealth.
We can't worry about the debt, Biden has one more time to raise the debt. If if's good for tramp why not make it good for Biden.
Didn't hear a peep from republicans, when Trump spent $151 million of US taxpayer $$$ on golf.
The problem(s) with the GOP’s ‘emergency’ debt ceiling plan This is a disaster waiting and willing to happen by the Right. They are determined to destroy the country.Preparing to ‘play chicken’ with default: Understanding Republicans’ ‘debt limit terror’
The United States is the only major industrial nation with a debt ceiling. America’s debt ceiling, moreover, applies only to budgetary appropriations that have already been made; it has no impact on future spending or borrowing. Indeed, as one legal scholar has argued, since legislation passed by Congress and signed by the president implicitly authorizes the U.S. Treasury to spend the money necessary to implement it, a separate requirement to increase the accrued debt creates the possibility of default, and may therefore be unconstitutional.
In any event, although debates about the national debt have become increasingly partisan, Congress and the president have agreed to increase the debt ceiling over 100 times since World War II. The debt limit has also been “suspended” — a distinction, made for political reasons, without a substantive difference — seven times. The debt ceiling was raised three times while Donald Trump was President. In 2019, when Congress suspended the debt ceiling until July 2021, Trump exulted that the agreement was “phenomenal.” The ceiling has been raised twice with Joe Biden in the White House.
Preparing to ‘play chicken’ with default: Understanding Republicans’ ‘debt limit terror’
Moody’s has estimated default could result in a 4 percent drop in GDP, 9 percent unemployment and a $15 trillion loss in household wealth.
We can't worry about the debt, Biden has one more time to raise the debt. If if's good for tramp why not make it good for Biden.
