This puts our budget in a simple way to understand it

[BillytheC]

 

[RussellCasse]

That family can walk and chew gum at the same time.

They should probably send Ukraine a portion of their income. Then start sending money to other countries as well. The last thing they should consider is food for their own table.

 

[Capt Ron 1]

That family can walk and chew gum at the same time.

They should probably send Ukraine a portion of their income. Then start sending money to other countries as well. The last thing they should consider is food for their own table.

Worse part is the lefties have put a bunch of this on Republicans. Some is deserved...but 75% of our debt is lib induced. Remember...THEY LOVE the welfare state...because most of them are so far below average as people they need uncle sugar to assist their income

 

[fatman76]

Worse part is the lefties have put a bunch of this on Republicans. Some is deserved...but 75% of our debt is lib induced. Remember...THEY LOVE the welfare state...because most of them are so far below average as people they need uncle sugar to assist their income

The only way to a true communist state - where we move from "from each according to his ability, to each according to his needs" (we are here now largely) to the gov't owning the means of production for the entire economy, you have to see a complete failure of Capitalism.

The Leftist has to be able to point to a failed Capitalist model to justify changing the way the economy works, even if leftists and weak centrist Republicans are the reason it failed.

When our GDP no longer covers the interest payments on our debt load, the entire thing collapses. And what is happening right now? Interest rates are increasing rapidly while the economy slows. They are trying to rush us to default as quickly as possible.

 

[BCSpell]

The only way to a true communist state - where we move from "from each according to his ability, to each according to his needs" (we are here now largely) to the gov't owning the means of production for the entire economy, you have to see a complete failure of Capitalism.

The Leftist has to be able to point to a failed Capitalist model to justify changing the way the economy works, even if leftists and weak centrist Republicans are the reason it failed.

When our GDP no longer covers the interest payments on our debt load, the entire thing collapses. And what is happening right now? Interest rates are increasing rapidly while the economy slows. They are trying to rush us to default as quickly as possible.

It's okay, they will just raise the debt ceiling and borrow/print more $ to cover the interest.

 

[fatman76]

It's okay, they will just raise the debt ceiling and borrow/print more $ to cover the interest.

That's the only thing they can do. Inflation is bad for us and good for the gov't because it "cheapens" their debt.

But as some point it stops working because people can't survive. It's a sugar rush economic strategy.

 

[RussellCasse]

That's the only thing they can do. Inflation is bad for us and good for the gov't because it "cheapens" their debt.

But as some point it stops working because people can't survive. It's a sugar rush economic strategy.

Yep. It’s A tax.

 

[GhostOfMatchesMalone]

The scent of smoldering sock is heavy in the air today. Just a general observation.

 

[fatman76]

The scent of smoldering sock is heavy in the air today. Just a general observation.

I've got permanent odor eaters.

They work wonders for a smelly forum.

 

[Steveerino]

Every party blames the other for any given issue. Sometimes each is correct but right now we have a financial cluster fack president who throws around money like a drunk sailor. Not have enough money just print more. From what I've been able to research the last time the US had a budget surplus was 1998-2001 with Slick Willie at the helm but W Bush took care of that. Since then every president has added to the problem with no end in sight.

 

[DCandtheUTBand]

Every party blames the other for any given issue. Sometimes each is correct but right now we have a financial cluster fack president who throws around money like a drunk sailor. Not have enough money just print more. From what I've been able to research the last time the US had a budget surplus was 1998-2001 with Slick Willie at the helm but W Bush took care of that. Since then every president has added to the problem with no end in sight.

Just to help here. Slick gets too much credit here. Newt Gingrich and John Kasich wrote the budget. Clinton was set to veto the budget. Dick Morris told Slick if he wanted to get re-elected he needed to sign the budget.

If I remember correctly Newt and Co. didn't even cut the budget. They allowed the GDP, Revenue to catch and overtake the spending by curtailing the growth in spending.

 

[Mdfgator]

Trunp added over 7 trillion, he put the tip in. Smarten up my lil darlings

 

[GhostOfMatchesMalone]

Every party blames the other for any given issue. Sometimes each is correct but right now we have a financial cluster fack president who throws around money like a drunk sailor. Not have enough money just print more. From what I've been able to research the last time the US had a budget surplus was 1998-2001 with Slick Willie at the helm but W Bush took care of that. Since then every president has added to the problem with no end in sight.

The economy was white hot in Slick's 2nd term, and he had nothing to do with it. It was all because of the rise of ecommerce on the internet. Any president in office from 1994-1998 was going to preside over a great economy.

 

[Mdfgator]

The economy was white hot in Slick's 2nd term, and he had nothing to do with it. It was all because of the rise of ecommerce on the internet. Any president in office from 1994-1998 was going to preside over a great economy.

Clinton was an excellent president