One Political Plaza - Home of politics
Home Active Topics Newest Pictures Search Login Register
Main
Why is a 30 trillion national debt okay if a republican is in charge?
Page 1 of 8 next> last>>
Feb 24, 2017 07:35:36   #
PeterS
 
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html

Reply
Feb 24, 2017 07:53:01   #
robmull Loc: florida
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html








Because it took "Barry" (D), {or whatever his name really is}, about 8 YEARS to (D)ouble the American (D)ebt that many Americans in the 43 presidencies BEFORE "Barry" took to accumulate, pecker. And President "45" Trump (R), has only been in Office for about a month. And if you read enough "fake" MSM (D), reports on President Trump (R), you will see that, {besides possibly having syphilis in his youth}, may-well be related to Attila, Big Foot and Charles Manson, and got all his money by robbing Fort Knox. Hummmmmm. What's that "crushing" noise I keep hearing??? GOOOOOOOOOOOOOOO PRESIDENT "45" DONALD J. {BORN AGAIN} TRUMP (R)!!!

Reply
Feb 24, 2017 07:57:51   #
Super Dave Loc: Realville, USA
 
You are confusing 'Republican' and 'Conservative'.

Trump never was a conservative.

Reply
 
 
Feb 24, 2017 08:08:53   #
reconreb Loc: America / Inglis Fla.
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html


O.K. ??? There have been reports that Trump had wee , wee party's in Russian hotel .. How about being a Nazi ? On and On you go .. O.K. So what ?? Until the debt. skyrockets we can only speculate . WE will hold Trump accountable if and when it happens ,, until then ... So what ???

Reply
Feb 24, 2017 08:20:12   #
MarvinSussman
 
robmull wrote:
Because it took "Barry" (D), {or whatever his name really is}, about 8 YEARS to (D)ouble the American (D)ebt that many Americans in the 43 presidencies BEFORE "Barry" took to accumulate, pecker. And President "45" Trump (R), has only been in Office for about a month. And if you read enough "fake" MSM (D), reports on President Trump (R), you will see that, {besides possibly having syphilis in his youth}, may-well be related to Attila, Big Foot and Charles Manson, and got all his money by robbing Fort Knox. Hummmmmm. What's that "crushing" noise I keep hearing??? GOOOOOOOOOOOOOOO PRESIDENT "45" DONALD J. {BORN AGAIN} TRUMP (R)!!!
Because it took "Barry" (D), {or whateve... (show quote)


1. During World War II, Americans working double shifts and weekends bought “War Bonds”. At peace, they cashed in their bonds for cars and homes, finally getting the prosperity that enough government spending could have given them a decade earlier, when Hitler’s spending gave Germans prosperity and made him popular and powerful.
2. Our GDP grows approximately $2 for each Congressional $1 spent again and again until either taxed, saved, or exported. Our Debt/GDP ratio dropped from 120% in 1944 to 30% during 35 prosperous years due to moderate inflation and heavy spending on veteran housing and education, the Marshall Plan, nuclear energy, the Korean War, Cold War rearmament, the Interstate Highway, the Man-on-the-Moon, and the Vietnam War.
3. Nobody would refuse a salary boost to avoid a tax hike but, to avoid a tax hike, this Congress refuses to boost our infrastructure! In our past, Congressional spending gave us national parks, dams, rural electrification, transistors, computers, the internet, jet planes, rocket ships, satellites, solar energy, LCD, the mouse, touch-screens, SIRI, search algorithms, GPS, genomics, nanotechnology, and the greatest pharmaceutical industry!
4. About 85% of Congress’ spending becomes cash for our tax payments. We save about 5% of it and spend the rest on imports. More deficit spending by Congress would give taxpayers more after-tax savings and more money to spend on Asian bargains.
5. Unless a trade surplus will always finance our annual net savings, members of Congress seeking a “balanced-budget” law are like fools commanding the tides to ebb!
6. Congress’ spending should be limited only by the onset of harmful inflation when it is controlled by moderate long-term interest rates and by adequate progressive taxes on discretionary incomes, financial transactions, and large estates. More spending would increase inflation; less spending would increase deflation and unemployment.
7. The Fed’s purchase of US debt cuts debt interest rates by reducing the supply. It also effectively reduces the debt and debt interest expense because the Fed gets the interest and principal at maturity and returns 94% of its annual profit to the Treasury.
8. If the interest rate on our federal debt is less than our GDP growth rate, the debt can grow indefinitely and safely since the Debt/GDP ratio will remain or descend well below 100%.
9. Foreign exporters will either accept our dollars and bonds or stop selling us goods. The US dollar’s reserve currency status favors US consumers, traders, etc., and requires that we maintain a large national debt, much of it held by foreign nations.
10. Increased output for the same input is anti-inflationary so inflation is not increased when Congress hires the unemployed to gain infrastructure and productivity. The goods that the unemployed now get with stamps would instead be bought with their salaries, ending the humiliations of the idle poor and the resentments of the working poor.
Excessive unemployment is due only to Congress’ refusal to build infrastructure.

Reply
Feb 24, 2017 08:22:52   #
Rivers
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html


Typical liberal leftist economics...just one of many reasons why economies and the military suffer under Democrat control. The debt will go up at first, but as the economy comes back (due to reduced taxes and regulations), and the military is back to a level where we can once again have the capability to fight two wars simultaneously, the taxes into the Treasury coffers will out perform spending deficits...simple economics.

Reply
Feb 24, 2017 08:51:19   #
Cool Breeze
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html


That's an easy! Republicans are Fiscal Scumbags of austerity only when Democrats are in power! How these crooks get away with it is a lesson of the stupidity of the low information voter!



Reply
 
 
Feb 24, 2017 09:06:20   #
sandy628
 
why are you complaining ? Obama ran the national debt up to 20 trillion, he did nothing for our military and the infrastrure needs fixing, stop complaining we have a president now that will do what the illegal one didn't do, but hey Obama , gave the muslim brotherhood $ 93 million dollars , taxpayers money not obamas and u are ok with that and on jan 20th Obama swnt packistan $221 million dollars , a terriost country , and u are ok with that ? again taxpayers money ,but president trump put a stop to that , thank you president trump, you are doing a fantastic job, now we have a real president.

Reply
Feb 24, 2017 09:09:03   #
crazylibertarian Loc: Florida by way of New York & Rhode Island
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html


As usual, you jump to a conclusion. No one knows for certain what will happen. If the debt does increase, then Trump will have to answer for it.

I don't remember Barack Obama answering to any reporter over his turnaround from his campaign but, of course, none of them ever asked the question & apologists such as you probably don't care. Your inconsisency is as laughable as your logic.

Reply
Feb 24, 2017 09:31:40   #
lpnmajor Loc: Arkansas
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html


Weren't you listening? Trump be da man! He's promised to: end budget deficits, pay off the debt, end trade deficits, bring back jobs, etc. - and he'll do it by: reducing taxes by trillions on rich people and corporations, spend trillions on infrastructure, brow beat corporations on twitter, eliminate regulations designed to protect the environment/consumers/banking system, etc.

What's not to like? Remember the old adage designed to protect yourself from con artists; if it sounds too good to be true, it probably isn't true. Here are some other examples: For this low, low introductory price, learn how to become debt free in as little as 6 months. Learn how to get rich by flipping houses - with no money down! Take this pill and lose weight guaaaaraaanteed! I will do everything you ever dreamed of - and it won't cost you a dime! I will build the most bestes wall you never saw - and Mexico will pay for it! The GOP was too stupid to design a replacement for Obamacare after having 8 years to work on it - but I, the great Donald - will design the finest, most wonderful, most excellent healthcare plan God ever thought of and it will lower your premiums to near zero, it will pay for 100% of everything and there will be no deductibles or copays!

Can you believe that people STILL buy that bullshit?

Reply
Feb 24, 2017 11:01:41   #
crazylibertarian Loc: Florida by way of New York & Rhode Island
 
lpnmajor wrote:
Weren't you listening? Trump be da man! He's promised to: end budget deficits, pay off the debt, end trade deficits, bring back jobs, etc. - and he'll do it by: reducing taxes by trillions on rich people and corporations, spend trillions on infrastructure, brow beat corporations on twitter, eliminate regulations designed to protect the environment/consumers/banking system, etc.

What's not to like? Remember the old adage designed to protect yourself from con artists; if it sounds too good to be true, it probably isn't true. Here are some other examples: For this low, low introductory price, learn how to become debt free in as little as 6 months. Learn how to get rich by flipping houses - with no money down! Take this pill and lose weight guaaaaraaanteed! I will do everything you ever dreamed of - and it won't cost you a dime! I will build the most bestes wall you never saw - and Mexico will pay for it! The GOP was too stupid to design a replacement for Obamacare after having 8 years to work on it - but I, the great Donald - will design the finest, most wonderful, most excellent healthcare plan God ever thought of and it will lower your premiums to near zero, it will pay for 100% of everything and there will be no deductibles or copays!

Can you believe that people STILL buy that bullshit?
Weren't you listening? Trump be da man! He's promi... (show quote)


Well, they believed Barack Obama when he said that they'd be able to keep their doctors and when he criticized George W. Bush for increasing the debt. It seems that Donald J. Trump has moved more in the direction of keeping his promises, at this point than BHO was at the same point of his presidency.


Reply
 
 
Feb 24, 2017 11:07:29   #
nwtk2007 Loc: Texas
 
PeterS wrote:
Trump intends to spend money on the infrastructure and on increasing the military and no one will care because we have tax cuts and plenty of distractions. How is it, if we put a couple bucks in a conservatives pocket they could give a fuk how large that makes debt increase?

http://www.foxbusiness.com/politics/2016/06/28/national-debt-would-increase-11-5-trillion-under-trump-report-says.html


Spending money on infrastructure will actually create jobs, which will funnel the money back into the economy. It's something Obama wanted to do but was thwarted by the ever obstructing GOP of the times. Of course the reverse will now be true.

Good thing Trump doesn't fall into either of those categories.

Reply
Feb 24, 2017 12:10:28   #
Cool Breeze
 
sandy628 wrote:
why are you complaining ? Obama ran the national debt up to 20 trillion, he did nothing for our military and the infrastrure needs fixing, stop complaining we have a president now that will do what the illegal one didn't do, but hey Obama , gave the muslim brotherhood $ 93 million dollars , taxpayers money not obamas and u are ok with that and on jan 20th Obama swnt packistan $221 million dollars , a terriost country , and u are ok with that ? again taxpayers money ,but president trump put a stop to that , thank you president trump, you are doing a fantastic job, now we have a real president.
why are you complaining ? Obama ran the national ... (show quote)



Honestly?



Reply
Feb 24, 2017 14:40:05   #
Ricko Loc: Florida
 
MarvinSussman wrote:
1. During World War II, Americans working double shifts and weekends bought “War Bonds”. At peace, they cashed in their bonds for cars and homes, finally getting the prosperity that enough government spending could have given them a decade earlier, when Hitler’s spending gave Germans prosperity and made him popular and powerful.
2. Our GDP grows approximately $2 for each Congressional $1 spent again and again until either taxed, saved, or exported. Our Debt/GDP ratio dropped from 120% in 1944 to 30% during 35 prosperous years due to moderate inflation and heavy spending on veteran housing and education, the Marshall Plan, nuclear energy, the Korean War, Cold War rearmament, the Interstate Highway, the Man-on-the-Moon, and the Vietnam War.
3. Nobody would refuse a salary boost to avoid a tax hike but, to avoid a tax hike, this Congress refuses to boost our infrastructure! In our past, Congressional spending gave us national parks, dams, rural electrification, transistors, computers, the internet, jet planes, rocket ships, satellites, solar energy, LCD, the mouse, touch-screens, SIRI, search algorithms, GPS, genomics, nanotechnology, and the greatest pharmaceutical industry!
4. About 85% of Congress’ spending becomes cash for our tax payments. We save about 5% of it and spend the rest on imports. More deficit spending by Congress would give taxpayers more after-tax savings and more money to spend on Asian bargains.
5. Unless a trade surplus will always finance our annual net savings, members of Congress seeking a “balanced-budget” law are like fools commanding the tides to ebb!
6. Congress’ spending should be limited only by the onset of harmful inflation when it is controlled by moderate long-term interest rates and by adequate progressive taxes on discretionary incomes, financial transactions, and large estates. More spending would increase inflation; less spending would increase deflation and unemployment.
7. The Fed’s purchase of US debt cuts debt interest rates by reducing the supply. It also effectively reduces the debt and debt interest expense because the Fed gets the interest and principal at maturity and returns 94% of its annual profit to the Treasury.
8. If the interest rate on our federal debt is less than our GDP growth rate, the debt can grow indefinitely and safely since the Debt/GDP ratio will remain or descend well below 100%.
9. Foreign exporters will either accept our dollars and bonds or stop selling us goods. The US dollar’s reserve currency status favors US consumers, traders, etc., and requires that we maintain a large national debt, much of it held by foreign nations.
10. Increased output for the same input is anti-inflationary so inflation is not increased when Congress hires the unemployed to gain infrastructure and productivity. The goods that the unemployed now get with stamps would instead be bought with their salaries, ending the humiliations of the idle poor and the resentments of the working poor.
Excessive unemployment is due only to Congress’ refusal to build infrastructure.
1. During World War II, Americans working doub... (show quote)


Marvin-interesting ! Based on current GDP what would be a reasonable number for our national debt ? What if we lose our reserve currency status ? America First !!!

Reply
Feb 24, 2017 16:20:57   #
lpnmajor Loc: Arkansas
 
crazylibertarian wrote:
Well, they believed Barack Obama when he said that they'd be able to keep their doctors and when he criticized George W. Bush for increasing the debt. It seems that Donald J. Trump has moved more in the direction of keeping his promises, at this point than BHO was at the same point of his presidency.

Well, they believed Barack Obama when he said that... (show quote)


and that justifies raising the debt? Wow! To think ya'll criticized Obama every day for raising the debt to pay for the wars Bush II started. If only he'd kept his promises, ya'll would have left him alone. Who knew?

Reply
Page 1 of 8 next> last>>
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
Main
OnePoliticalPlaza.com - Forum
Copyright 2012-2024 IDF International Technologies, Inc.