Debt ceiling 2021

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Debt ceiling 2021

Lucky2Last
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Posts: 7,328
Threads: 21
Joined: Nov 2008
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#31

10-05-2021, 03:47 PM

(10-05-2021, 03:37 PM)mikesez Wrote:
(10-05-2021, 03:33 PM)jagibelieve Wrote: The answer to "paying for stuff that we already bought" should be to cut costs and stop "buying stuff" like votes which is the current democrat plan. In a very simple way of explaining it (at least to me) is that you can't afford to pay your credit card bill so you get another credit card in order to both pay the bill and "buy more stuff". It is not sustainable.

The other thing that is very stupid is that democrats think that they can raise more "income" to pay these credit card bills by raising taxes.

Taxation is an essential function of government. Taxes are income to the government. Try to wrap your head around it because it won't change.

That's not true according to modern monetary theory. I'm still in the early phases of learning about it, but it's looking more and more like that's the theory being adopted by the fed. In that case, taxes are useful for creating equity and punishing political opponents.

Messages In This Thread

Debt ceiling 2021 - by mikesez - 10-04-2021, 04:07 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 04:12 PM

RE: Debt ceiling 2021 - by mikesez - 10-04-2021, 04:34 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-04-2021, 04:55 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 04:55 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-04-2021, 04:56 PM

RE: Debt ceiling 2021 - by mikesez - 10-04-2021, 05:02 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-04-2021, 06:05 PM

RE: Debt ceiling 2021 - by mikesez - 10-04-2021, 06:55 PM

RE: Debt ceiling 2021 - by Sneakers - 10-05-2021, 12:02 PM

RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 12:54 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 03:20 PM

RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 03:38 PM

RE: Debt ceiling 2021 - by Senor Fantastico - 10-05-2021, 03:52 PM

RE: Debt ceiling 2021 - by flsprtsgod - 10-05-2021, 04:53 PM

RE: Debt ceiling 2021 - by Senor Fantastico - 10-05-2021, 10:52 PM

RE: Debt ceiling 2021 - by flsprtsgod - 10-06-2021, 07:57 AM

RE: Debt ceiling 2021 - by mikesez - 10-06-2021, 09:25 AM

RE: Debt ceiling 2021 - by Senor Fantastico - 10-06-2021, 02:24 PM

RE: Debt ceiling 2021 - by flsprtsgod - 10-06-2021, 05:52 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 05:28 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 08:55 PM

RE: Debt ceiling 2021 - by NewJagsCity - 10-05-2021, 12:35 AM

RE: Debt ceiling 2021 - by Norman Mushari - 10-05-2021, 10:58 AM

RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 06:09 AM

RE: Debt ceiling 2021 - by americus 2.0 - 10-05-2021, 10:35 AM

RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 11:21 AM

RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 11:31 AM

RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 03:33 PM

RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 03:37 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 03:45 PM

RE: Debt ceiling 2021 - by Dimson - 10-06-2021, 12:13 AM

RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 03:47 PM

RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 04:59 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 06:25 PM

RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 07:02 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 12:09 PM

RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 12:12 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 12:15 PM

RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 12:52 PM

RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 02:42 PM

RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 03:06 PM

RE: Debt ceiling 2021 - by jagibelieve - 10-06-2021, 04:45 PM

RE: Debt ceiling 2021 - by mikesez - 10-06-2021, 07:02 PM

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