Here we go again
Trump, Schumer and Pelosi just agreed upon spending $ 2 trillion.
They are going to meet later to decide what to spend it on.
The swamp lives.
They are going to meet later to decide what to spend it on.
The swamp lives.
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maybe it should go to shovel ready plans, if pelosi and shmuck agree, then Trump can use it for his wall....... that would give them both strokes 0 -
I heard that and about had a cow.
Same ole crap, divert the money come to trough to get more.
What the heck, it's only 10% :roll:0 -
The financial apocalypse is going to be a doozy when it hits. 0 -
I've ZERO faith in our government... 0 -
I guess we are bound and determined to destroy this country. 0 -
DJT should have kicked them out of the office.
He is falling for the old (R) weakness of mollifying the libtards, bad move IMO.0 -
Dems are trying to get an infrastructure bill thru. 0 -
It certainly appears that way, and the end is not that far away.GilWilson1 wrote:I guess we are bound and determined to destroy this country.0 -
select-fire wrote:Dems are trying to get an infrastructure bill thru.
Trump is as much a part of this problem as are the Dems.
Just as Reagan did with O'Neil, Trump is attempting to purchase bi-partisanship.
If this kind of crap takes hold, eventually, just as Reagan did, Trump, if he gains a second term, could increase the national debt by the greatest percentage of any President in the modern era.0 -
Not sure how we pay for it but the roads are a MESS, around here the interstate and local roads are missing chunks of pavement and someone is going to have to eventually fix them or we will need 4 wheel drive/Horse to travel.
So how do you pay for that without spending 2 trillion dollars?
Lots of companies are using those roads to deliver goods so maybe they can help pony up LOL0 -
Don McManus wrote:select-fire wrote:Dems are trying to get an infrastructure bill thru.
Trump is as much a part of this problem as are the Dems.
Just as Reagan did with O'Neil, Trump is attempting to purchase bi-partisanship.
If this kind of crap takes hold, eventually, just as Reagan did, Trump, if he gains a second term, could increase the national debt by the greatest percentage of any President in the modern era.
Really? Trump had that plan in his opening speech .0 -
The Liberals would want to build a bullet train from Central America to Texas with the money. 0 -
select-fire wrote:Don McManus wrote:select-fire wrote:Dems are trying to get an infrastructure bill thru.
Trump is as much a part of this problem as are the Dems.
Just as Reagan did with O'Neil, Trump is attempting to purchase bi-partisanship.
If this kind of crap takes hold, eventually, just as Reagan did, Trump, if he gains a second term, could increase the national debt by the greatest percentage of any President in the modern era.
Really? Trump had that plan in his opening speech .
What plan? Increasing the national debt by historic levels?
Is that really a plan?0 -
Even now if we froze all spending but pay current bills how long could it take to pay off debt?
The Prez tried the freeze out and turned around and paid off the furloughed tenured employees. When I do not work I get no pay. I find another gig, and move on.
But alas I had forgotten the poor migrant who tunnels their way under the wall needs to be fed and clothed, sheltered.
You know one thing that the Soviet Union did well was Guard the Berlin Wall.
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Looks like Trump has 80's inflation and dollar devaluation in the plan. Stagflation... tastes like chicken. 0 -
So what.
When Obama DOUBLED the national debt and created the wasteful porkuous package, crickets chirped.0 -
I don?t even know why they bother telling us anymore. That debt amount will NEVER be paid off, not even 10% of it. Just keep on printing money out of thin air and keep talking about how they have to fix the deficit and the debt and have shovel ready jobs every 4 years and the voters will just keep voting in the same ole crappy politicians on both sides as they always have. We eventually will have another Depression that?ll make the one from the 1930?s look like Kindergarten. Maybe it?s just better to vote in the most Socialist aholes we can and sit back and watch it burn to the ground and then start over. 0 -
chiefr wrote:So what.
When Obama DOUBLED the national debt and created the wasteful porkuous package, crickets chirped.
Crickets? None so boisterous as we here on this forum over that.0 -
chiefr wrote:So what.
When Obama DOUBLED the national debt and created the wasteful porkuous package, crickets chirped.
He was roundly criticized for it.
As was Reagan when he almost TRIPLED the national debt.
Somehow we are supposed to believe that a Trump/Schumer/Pelosi porkulous is going to be better than the Obama version?
It is all irresponsible, particularly when they pull a number out of their butts and then go about looking for ways to spend it.
And pay for it. Yeah, they stated that needed to find a way to pay for it.... :roll:0 -
Time for a constitutional amendment. Balanced budget or firing squad for all elected who fail or obstruct the balanced budget, WITHOUT raising tax rates. I don't get a pay raise because I bought some frivolous items. 0 -
mag00 wrote:Time for a constitutional amendment. Balanced budget or firing squad for all elected who fail or obstruct the balanced budget, WITHOUT raising tax rates. I don't get a pay raise because I bought some frivolous items.
I don't know how we would ever get a balanced budget amendment ratified these days. Not that it would matter much anyway. Whose numbers would anyone believe that it was, in fact, balanced?
I always think of that movie "Dave" where they had a lookalike stand in for a sick president, and he called up his tax accountant buddy to help balance the books and he began vetoing line items like money doled out to consumers to make them feel good for their domestic auto purchase.
I recall presidential candidate McCain getting hammered for his debate comments about wanting to take a hatchet to the budget (not that I ever believed he would do it)... it's so necessary it's not funny tho.0 -
Really,......."So what?"chiefr wrote:So what.
When Obama DOUBLED the national debt and created the wasteful porkuous package, crickets chirped.
This is a perfect example of falling for a cult of personality, and losing control of one's mental faculties in the process.
Good God man, do you not understand we do NOT have the money to do this with,....NO MATTER WHO DOES IT????
WOW,...Simply amazing!!!0 -
They're spending money like drunken sailors on liberty in PI! Damn - how about some fiscal responsibility! 0 -
Mr. Perfect wrote:mag00 wrote:Time for a constitutional amendment. Balanced budget or firing squad for all elected who fail or obstruct the balanced budget, WITHOUT raising tax rates. I don't get a pay raise because I bought some frivolous items.
I don't know how we would ever get a balanced budget amendment ratified these days. Not that it would matter much anyway. Whose numbers would anyone believe that it was, in fact, balanced?
I always think of that movie "Dave" where they had a lookalike stand in for a sick president, and he called up his tax accountant buddy to help balance the books and he began vetoing line items like money doled out to consumers to make them feel good for their domestic auto purchase.
I recall presidential candidate McCain getting hammered for his debate comments about wanting to take a hatchet to the budget (not that I ever believed he would do it)... it's so necessary it's not funny tho.
One concept I heard was along the lines of having enough cash to make the transactions of day to day commerce.
If only 6 chickens exist for trade currency, and 10 transactions in 10 locations needed to be done, there were just not enough chickens to represent the commerce needed at the time.
I know it sounds a bit corny, lol, but there may be some truth to it. So now we have virtual money, or basically just a tracking system for the work we do. I like to barter, but other times the person does not have what I want, so how would I bank my "credits" without the tracking system.
That is what I suspect is the reason the money handlers don't care about deficit or debt, they make a cut of it all.
I will be willing to bet that in the future, inheritance on the positive side of the balance sheet will become scarce. The new generations only know debt and will die with debt.0 -
they have to figure out how to get their share out without annoying the sucker taxpayers...... 0 -
Big debt is a powerful tool and can be used in many different ways (some good...some bad) to control the actions of others, even Trump knows that by his actions in his personal life he's even stated publicly that he likes debt. We have no worries, let it be the creditors worry 0 -
I think some people here would rather have hillary in office so she could have continued obama's spending which would have added another 17 to 20 trillion to the national debt by now. 0 -
Don McManus wrote:Trump, Schumer and Pelosi just agreed upon spending $ 2 trillion.
They are going to meet later to decide what to spend it on.
The swamp lives.
A TENTATIVE agreement to repair the infrastructure in the USA.
Far better than spending $$ overseas to countries that don't like us OTHER than for the $$$ we GIVE them.
Congress holds the purse strings so neither Trump, Pelosi nor Schumer can spend a penny w/o congressional funding approval.
Trump is a shrewd business person with cost/benefit and fiscal responsibility experience so I will wait and see what the outcome of their further meeting in a few weeks produces for presentation to Congress for funding.
UNTIL THEN, no point in getting ones' panties in a wad.0 -
Don McManus wrote:chiefr wrote:So what.
When Obama DOUBLED the national debt and created the wasteful porkuous package, crickets chirped.
He was roundly criticized for it.
As was Reagan when he almost TRIPLED the national debt.
Somehow we are supposed to believe that a Trump/Schumer/Pelosi porkulous is going to be better than the Obama version?
It is all irresponsible, particularly when they pull a number out of their butts and then go about looking for ways to spend it.
And pay for it. Yeah, they stated that needed to find a way to pay for it.... :roll:
Several points.
I served under the peanut farmer and later Reagan. You have to go back before WWI to compare how weak and unprepared our national defense was. An all volunteer force, no draft and draft wages. Morale sucked and our GIs were bailing. Reagan fixed that and at the same time he fixed the cold war. For most of us, at least those who cared about national defense saw something tangible from Reagans spending.
Obama stimulus package was nothing more than welfare, both corporate and individual. He was lauded by the media, especially for the "Making work pay credit". Little if any of the money went to infrastructure. Conversely Trump is being dammed by the same people in the media whom praised Obama for doing the same thing.
Could not agree more with you on the debt. I too am pissed about it, however no one in Washington gives a crap about debt anymore: Both parties.
The only difference is how or where they spend the money.
I seriously doubt our national debt will ever be a concern for a 100 years into the future. If so the debt problem would have been fixed years ago.
Looking at the debt problem in a relative sense, I predict the only solution will be.....at lease for debt incurred by the US Government will be absolution and forgiveness.0
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