Jason Posted July 22, 2019 Share Posted July 22, 2019 https://www.washingtonpost.com/business/economy/trump-announces-support-for-two-year-bipartisan-budget-deal-that-boosts-spending-suspends-debt-limit/2019/07/22/94cf2172-acb6-11e9-8e77-03b30bc29f64_story.html Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted July 22, 2019 Share Posted July 22, 2019 Party of fiscal responsibility 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted July 22, 2019 Author Share Posted July 22, 2019 34 minutes ago, mclumber1 said: Party of fiscal responsibility The next time they have to negotiate the debt limit it'll be July 2021. It's pretty obvious that they're betting on wasting a significant chunk of a new Democratic president's first term on brinksmanship over it. Quote Link to comment Share on other sites More sharing options...
silentbob Posted July 22, 2019 Share Posted July 22, 2019 How soon will he backtrack on his word? Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted July 22, 2019 Share Posted July 22, 2019 3 Quote Link to comment Share on other sites More sharing options...
Massdriver Posted July 22, 2019 Share Posted July 22, 2019 I'm hoping that there are some good things in this bill. I can't find anything on medical research and scientific research in general, but there has to be some with all this additional spending. Quote Link to comment Share on other sites More sharing options...
Jason Posted July 23, 2019 Author Share Posted July 23, 2019 7 minutes ago, thewhyteboar said: This should be Charlie moving the football away from himself. 1 Quote Link to comment Share on other sites More sharing options...
chakoo Posted July 23, 2019 Share Posted July 23, 2019 My god, why are fucking dems being so stupid. GOP does not give a fuck and will use all leverage including threatening to shoot your dog if you don’t give them what they want. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 23, 2019 Share Posted July 23, 2019 12 minutes ago, thewhyteboar said: OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO They should all be shot for stupidity. 1 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 23, 2019 Share Posted July 23, 2019 1 hour ago, Jason said: The next time they have to negotiate the debt limit it'll be July 2021. It's pretty obvious that they're betting on wasting a significant chunk of a new Democratic president's first term on brinksmanship over it. "Cut social security, Medicare, Medicaid, no carbon taxes/GND, and no other new programs or we make the country default on the debt" Quote Link to comment Share on other sites More sharing options...
Jason Posted July 23, 2019 Author Share Posted July 23, 2019 2 minutes ago, SFLUFAN said: OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO OLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO They should all be shot for stupidity. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 23, 2019 Share Posted July 23, 2019 The Democratic Party are the dumbest motherfuckers on the planet. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted July 23, 2019 Share Posted July 23, 2019 Democrats are the Washington Generals of politics. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 23, 2019 Share Posted July 23, 2019 2 minutes ago, thewhyteboar said: Democrats are the Washington Generals of politics. The Generals were in on the joke. The Democrats are actually being serious. Quote Link to comment Share on other sites More sharing options...
MarSolo Posted July 23, 2019 Share Posted July 23, 2019 The Democrats are the battered wife to McConnell's angry drunk husband. "He didn't mean to hit me last time, he was just so angry." Quote Link to comment Share on other sites More sharing options...
5timechamp Posted July 23, 2019 Share Posted July 23, 2019 Rand Paul ensures First Responders get zilch.. how does Trump keep winning? lol.. President Lisa Simpson will have her work cut out for her Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 23, 2019 Share Posted July 23, 2019 How is an self-professed "political party" so very awful at actual "politics"? Whatever - put a bullet in the back of their heads and then send the bill to their families. That's exactly what they deserve. 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted July 23, 2019 Share Posted July 23, 2019 I called my rep, probably doesn't matter Quote Link to comment Share on other sites More sharing options...
EternallDarkness Posted July 23, 2019 Share Posted July 23, 2019 3 hours ago, mclumber1 said: Party of fiscal responsibility none of idiots an either side of the aisle have a shred of fiscal responsibility Quote Link to comment Share on other sites More sharing options...
MarSolo Posted July 23, 2019 Share Posted July 23, 2019 38 minutes ago, EternallDarkness said: none of idiots an either side of the aisle have a shred of fiscal responsibility But the Democrats didn't spend eight years of Obama's presidency claiming they were. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 23, 2019 Share Posted July 23, 2019 Yas qween worth it Quote Link to comment Share on other sites More sharing options...
69los Posted July 23, 2019 Share Posted July 23, 2019 53 minutes ago, 2user1cup said: I called my rep, probably doesn't matter My rep is Hoyer. Definitely doesn't matter. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 23, 2019 Share Posted July 23, 2019 Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted July 23, 2019 Share Posted July 23, 2019 Is there seriously any reason to look forward to 2020 and beyond? Like honestly. I can't think of one good thing that's going to happen, no matter who gets elected. Even if the Dems win the White House and the Senate, they'll STILL find a way to completely fuck it up. Then in 2024 we'll get Trump 2.0, and the whole cycle will start again. Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted July 23, 2019 Share Posted July 23, 2019 Could be a bad move politically for the Dems, but economically it’s probably the right call—a fiscal policy that’s a touch too expansionary right now might be better than one that implements too much austerity, since the economy’s being burdened by the trade war, and the labor market still has some catching up to do after the post-08 depression, especially if you factor in the rate of labor market participation and underemployment. Plus inflation is still quiescent, which suggests there’s still room to run. It just sucks that the Republicans are being such massive hypocrites about this and won’t get called on it or punished electorally for it. No one can credibly deny now that their complaints about overspending and the need for austerity in the Obama years were just a cynical ploy to slow down growth so they could weaken his election chances. All the conservative economists calling for loose money now that were calling for tight money from 2008-2016 are guilty of the same. I’d call that quasi-treasonous—knowingly inflicting harm on the economic well-being of the public for narrow, private political gain. But they’ll get a pass from 40-50% of the nation because partisanship makes people stupid. (It’s also a sign of a political system that’s completely breaking down—the whole devil’s bargain of US democracy is that despite partisan bickering, the political process still—imperfectly—yields mutual benefits to the public; now it just seems to be yielding mutual sabotage to them) As a side note, We need to abolish the debt ceiling as soon as we get a chance. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted July 23, 2019 Share Posted July 23, 2019 I think people keep forgetting that the Democratic party is the paid to lose opposition party. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted July 23, 2019 Share Posted July 23, 2019 13 hours ago, EternallDarkness said: none of idiots an either side of the aisle have a shred of fiscal responsibility Hilarious, the BOTH SIDES argument again? Clinton ended his presidency with a surplus that Bush turned into a $1.2 trillion deficit which Obama then reduced to something like $500-600 billion which Trump has now ballooned to $1 trillion (as I understand things, I'm simplifying things here). But sure, both sides. Quote Link to comment Share on other sites More sharing options...
EternallDarkness Posted July 23, 2019 Share Posted July 23, 2019 3 hours ago, Greatoneshere said: Hilarious, the BOTH SIDES argument again? Clinton ended his presidency with a surplus that Bush turned into a $1.2 trillion deficit which Obama then reduced to something like $500-600 billion which Trump has now ballooned to $1 trillion (as I understand things, I'm simplifying things here). But sure, both sides. Dude, none of them have done a damn thing about paying down the debt other than pay it the occasional lip service. And I definitely doin't expect to see Trump do anything about it as his history shows he loves deficit spending. Unfortunately the crazy accounting shit you can do with a company really can't be done with a country. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 23, 2019 Share Posted July 23, 2019 The debt doesn't need to be paid down, but the rate of increase of debt should be curtailed during relatively good times like right now. Basically right now we want the deficit to be less than the inflation rate (since it's less than the rate of GDP growth) so that in real terms the debt of the country decreases. So with a GDP of 19.39 trillion, and inflation of about 1.6%, a deficit of about 300 billion isn't bad. This is a very simplified model but it gives a decent guide to what is and isn't good for the debt during "good" times like these. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted July 23, 2019 Share Posted July 23, 2019 23 minutes ago, EternallDarkness said: Dude, none of them have done a damn thing about paying down the debt other than pay it the occasional lip service. And I definitely doin't expect to see Trump do anything about it as his history shows he loves deficit spending. Unfortunately the crazy accounting shit you can do with a company really can't be done with a country. I'm pretty sure Clinton creating a surplus and Obama bringing down Bush's trillion in debt is Democratic presidents showing some fiscal responsibility, no? Quote Link to comment Share on other sites More sharing options...
RedSoxFan9 Posted July 23, 2019 Share Posted July 23, 2019 how are we going to pay for it Quote Link to comment Share on other sites More sharing options...
EternallDarkness Posted July 23, 2019 Share Posted July 23, 2019 46 minutes ago, Greatoneshere said: I'm pretty sure Clinton creating a surplus and Obama bringing down Bush's trillion in debt is Democratic presidents showing some fiscal responsibility, no? You do know Clinton's 'surplus' didn't do jack to lower the national debt, right? It still went up every year. Both sides love to talk about doing something about the debt but neither side does anything but add to it. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted July 23, 2019 Share Posted July 23, 2019 3 minutes ago, EternallDarkness said: You do know Clinton's 'surplus' didn't do jack to lower the national debt, right? It still went up every year. Both sides love to talk about doing something about the debt but neither side does anything but add to it. You said neither side had a "shred" of fiscal responsibility. My post indicates the Democrats do indeed have a shred of it, that's all I'm saying. What you're saying has nothing to do with that point in terms of at least a "shred". Quote Link to comment Share on other sites More sharing options...
EternallDarkness Posted July 23, 2019 Share Posted July 23, 2019 Just now, Greatoneshere said: You said neither side had a "shred" of fiscal responsibility. My post indicates the Democrats do indeed have a shred of it, that's all I'm saying. What you're saying has nothing to do with that point. The balanced budget during his presidency was done by the republicans. So I'm not sure Clinton has any right to claim that little tidbit of fiscal responsibility as his own. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted July 23, 2019 Share Posted July 23, 2019 3 minutes ago, EternallDarkness said: The balanced budget during his presidency was done by the republicans. So I'm not sure Clinton has any right to claim that little tidbit of fiscal responsibility as his own. Umm . . . no. @Signifyin(g)Monkey and @SFLUFAN help us out, you are our only hope. They can explain everything better than I can, and know better than me on this issue anyway. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.