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Thread: Republican mainstream flirts with brief default

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by j-mac View Post
    Just wondering Star. When you sit around the Kitchen table with your family, and discuss the household budget, and realize that you are paying out enough in debt at the moment, if that were to change, and your debt was out of control, would your answer be to increase it?

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by j-mac View Post
    Just wondering Star. When you sit around the Kitchen table with your family, and discuss the household budget, and realize that you are paying out enough in debt at the moment, if that were to change, and your debt was out of control, would your answer be to increase it?

    j-mac
    Why do you imagine YS in the kitchen?

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by Redress View Post
    Why do you imagine YS in the kitchen?

    Unless you like burnt toast I don't know why you would
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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by Ockham View Post
    Then let's bring on the stupid... the more the better.

    Agreed! I'm ready, well almost.

    Tim-
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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by toddwv View Post
    The US federal government is not a household, it is not a business. It is the sum representation of all the people in the nation.
    Hmmmm. A representation of all the people in the nation, whom ARE households, and businesses no? Fail

    Next!

    Quote Originally Posted by Boo Radley
    First, a government is not equivilant to a family.
    No, it is a sum total of all the families. So the analogy stands.

    But I would consider increasing revenue (taking a second job=raising taxes).
    Or you could cut your spending, and get back to basics until you get yourself under control and you wouldn't have to get a second job/raise taxes.

    Cut some spending yes, but not give away essentials until forced to, and that means taking care of family members who need taking care of.
    What spending are you willing to cut? And what if that family member is one who is able, but finds it easier to sponge off you?

    Now, I might let the neighbor I don't like or trust sit while I take of the family and not try to invade their homes of run them out of their house until I had taken care of my home first. But that's me.
    Oh, so you would plunder your neighbor when you are stabilized eh? I guess that puts to rest all of your prior talk about what business we have in other countries....

    Ok, let the shifting begin where you tell me that isn't what you said...

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by Redress View Post
    Why do you imagine YS in the kitchen?


    heh, heh....that is where I do my budget.....Just sayin'


    j-mac
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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by Boo Radley View Post
    First, a government is not equivilant to a family. But I would consider increasing revenue (taking a second job=raising taxes). Cut some spending yes, but not give away essentials until forced to, and that means taking care of family members who need taking care of. Now, I might let the neighbor I don't like or trust sit while I take of the family and not try to invade their homes of run them out of their house until I had taken care of my home first. But that's me.
    Actually, in many ways it is. More than enough to make a comparison that debt has to be managed within parameters of income. What libs don't like is any simple way to show the folly of spending beyond our means, as that means we have to acknowledge that free-stuff has to end.

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by Your Star View Post
    It's better to have a recovering economy that has to increase it's debt then to have no economy at all. Raise the limit, it's the only smart move.
    Not true, the economy would shift from a consumer debt economy to what it should and has always been, a saving economy, where credit is not given out to just any ole person.

    Tim-
    “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” - P. J. O’Rourke
    “Socialism is great until you run out of someone elses money” Margaret Thatcher

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by dontworrybehappy View Post
    Just who the hell do you think makes up the federal gov't?

    The gov't is EXACTLY like Bob down the street. The numbers are bigger, and Bob needs his driveway patched and the gov't needs the highways patched, but its exactly the same thing.
    No, that's just a simplistic analogy just like the "We should run the government like a business". It has little to nothing in common with the reality of the situation other than the comparison that both entities need to pay their bills.

    You see, people will come to foreclose on Bob's assets whereas nobody can or will foreclose on the US federal government.

    What can happen though, is that our national "credit rating" could be degraded and we'll end up paying significantly more on the national debt past, present and future which is likely to cost us trillions more over the long run.

    Continuing to make excuses for the gov't spending isn't going to solve the problem, libs. Trying to make it more complicated than it really is is what separates the true conservatives from the spend spend spend liberals.
    The Republican budget requires that the debt ceiling be raised.
    The Republican budget does NOTHING to address the ridiculously bloated budget of an overused military.

    Any attempts to cut the budget without touching "defense" spending is NOT a serious effort.
    Any attempts to cut the deficit without raising taxes back to sustainable levels is NOT a serious effort.

    The Republicans are just playing political brinksmanship. They know that all they have to do is drag their feet instead of doing anything productive and an economy recovering from a deep DEEP recession could easily double-dip.

    They are the moral equivalents of Caesar laughing while Rome burns. They assume that a completely destroyed national economy will pretty much give them a carte blanche to tear the government apart and put it back together in a Frankenstein mishmash of failed right-wing economic and political pieces.

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    Re: Republican mainstream flirts with brief default

    Quote Originally Posted by Eighty Deuce View Post
    Actually, in many ways it is. More than enough to make a comparison that debt has to be managed within parameters of income. What libs don't like is any simple way to show the folly of spending beyond our means, as that means we have to acknowledge that free-stuff has to end.
    I'm not opposed to some management of the debt. Wish republicans really believed it when they were in charge and not just when democrats were. That said, no, it's not a very equivilent comparison. There are differences. But just like when we default on our debt, and there are consequences, the government defaulting will likely have consequences as well.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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