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They see it as irresponsibility. However, what the rightwing is too dumb to understand is that huge tax cuts for the wealthy are just as irresponsible. Both policies skyrocket the deficit.I seriously want to understand this. Any ideas?
Responsible spending is modest and is coupled with tax hikes to pay for it.
the op didn't seriously want to understand this. they just wanted to argue and call others stupid.
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I seriously want to understand this. Any ideas?
It needs to continue to grow.They see it as irresponsibility. However, what the rightwing is too dumb to understand is that huge tax cuts for the wealthy are just as irresponsible. Both policies skyrocket the deficit.I seriously want to understand this. Any ideas?
Responsible spending is modest and is coupled with tax hikes to pay for it.
Bullshit, the govt could take 100% of the incomes of the top 10% and we would still have a deficit and the national debt would continue to grow.
Spending is the problem, not revenue.
Nonsense. Government bonds are a net financial asset of the private/foreign sector and are held by many americans. You need to understand money creation to understand why taxpayers aren't really in trouble because of bonds.Government bonds are a liability for the government, A CURRENCY ISSUER, and an asset for the holder, usually someone in the private sector. My post is correct.Because most government spending is used to transfer money from those who earned it to government cronies...and then they use the regulatory bureaucracy to force us to accept a social agenda that violates our values.Government deficit spending add new financial assets to the private sector.Because most government spending is used to transfer money from those who earned it to government cronies.
Not really. On a net worth basis, the debt more than cancels out the assets.
B'loney. Government bonds are debt to which the Taxpaying Bondholder is a party. On an individual basis, one might feel that one is net ahead, but considering that the official government debt is $60K, and that the total Federal Liability per taxpayer is $853K, piling on more debt just makes citizen insolvency greater (accept for multi-millionaires and billionaires). Most U.S. citizens do not have a net worth over $853K to offset the obligations the government has forced them into.
U.S. National Debt Clock : Real Time
Stupid bullshit. Government can credit any account.Most U.S. citizens do not have a net worth over $853K to offset the obligations the government has forced them into.
It needs to continue to grow.They see it as irresponsibility. However, what the rightwing is too dumb to understand is that huge tax cuts for the wealthy are just as irresponsible. Both policies skyrocket the deficit.I seriously want to understand this. Any ideas?
Responsible spending is modest and is coupled with tax hikes to pay for it.
Bullshit, the govt could take 100% of the incomes of the top 10% and we would still have a deficit and the national debt would continue to grow.
Spending is the problem, not revenue.
It's the same question that frames so many of our discussions here: What is the purpose of government? Is it to spend our money wisely? Or to protect our freedom to spend our money the way we want?
It needs to continue to grow.They see it as irresponsibility. However, what the rightwing is too dumb to understand is that huge tax cuts for the wealthy are just as irresponsible. Both policies skyrocket the deficit.I seriously want to understand this. Any ideas?
Responsible spending is modest and is coupled with tax hikes to pay for it.
Bullshit, the govt could take 100% of the incomes of the top 10% and we would still have a deficit and the national debt would continue to grow.
Spending is the problem, not revenue.
As a service, government has become a gargantuan welfare system for those employed by government to take full advantage. Meanwhile we get stuck paying for garbage no one but those with their hand stuck out.You do not understand that government is a service, not a business. The far right wing and libertarian principles of government are garbage. Tuff to be you.No shit heads think government exists to solve all their little problems. That government exists to "help people"....That it is the job of government to enforce this alleged liberal social contract.Some do, most don't. The problem is the retards think government should be a business instead of a service.
That government exists to reapportion goods, services and earnings to satisfy the hand wringing left wing.
You people view taxation as a means to punish those who make you uncomfortable. You people think government exists to enforce your view of "fairness"....
Confused?Eh?I don't agree. I think regionally we make the mistake of putting all of our eggs in one basket.I seriously want to understand this. Any ideas?
Because we value diversity. We believe individuals, spending their own money in accordance with their own unique values, is preferable to making decisions globally.
For example. Detroit relied too heavily on the auto mfg industry. Once the business model changed and the the major auto mfgrs began to be effected by competition, had to find ways to cuyt costs. Michigan suddenly became a place to leave.....Cities such as Dearborn, Flint and Detroit say huge losses in employment, tax ratables and general decay.
Charlotte, NC....Almost saw a collapse in the late 2000's when this banking heavy city was hit hard by the housing bubble burst.
Houston. Was in a terrible recession in the late 80's due to it's reliance on oil production.
Today, the most prosperous metro areas are those that have no main industry or business type. But those are not many
Confused?Eh?I don't agree. I think regionally we make the mistake of putting all of our eggs in one basket.I seriously want to understand this. Any ideas?
Because we value diversity. We believe individuals, spending their own money in accordance with their own unique values, is preferable to making decisions globally.
For example. Detroit relied too heavily on the auto mfg industry. Once the business model changed and the the major auto mfgrs began to be effected by competition, had to find ways to cuyt costs. Michigan suddenly became a place to leave.....Cities such as Dearborn, Flint and Detroit say huge losses in employment, tax ratables and general decay.
Charlotte, NC....Almost saw a collapse in the late 2000's when this banking heavy city was hit hard by the housing bubble burst.
Houston. Was in a terrible recession in the late 80's due to it's reliance on oil production.
Today, the most prosperous metro areas are those that have no main industry or business type. But those are not many
Government spending on what? I think that matters.I seriously want to understand this. Any ideas?
Welfare, the military, foreign aid.Government spending on what? I think that matters.I seriously want to understand this. Any ideas?
Which IS the problem.Everyone loves gov spending ..... On the things they like !