Page 4 of 4 FirstFirst ... 234
Results 31 to 35 of 35

Thread: US borrowing tops 100% of GDP: Treasury

  1. #31
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: US borrowing tops 100% of GDP: Treasury

    Quote Originally Posted by AdamT View Post
    Okay, my last post in this silly argument: you assumed that in the past a party needed a super majority or it could not pass legislation.
    No that was PeteEU's assumption as I was responding to his reply. His statement was that the problems occurred when there was one party in power. My response to that was he was wrong first because my claim was for the last 30 years and not since 2001 like PeteEU stated, and then I showed him how even with one party in power in Congress and in the White House, shoving through economic legislation with impunity wasn't possible because for the past 30 years there has been NO filibuster proof Senate.

    Quote Originally Posted by AdamT View Post
    That is incorrect. Until very recently the vast majority of bills passed with a simple majority.
    I never claimed any different. My claim was that "compromise" is what got us in this economic mess over the past 30 years. You're strawman claim that a majority of bills were passed in the Senate by a simple majority vote supports my claim.

    Therefore, I thought I'd throw a little more fact your way:

    In the past 30 years, cloture has been voted on 79.1% of the time. So one of the political party's wanted to use it the MAJORITY of the time. Cloture was passed 35.9% in the past 30 years.

    Recently, in the 111th Congressional Senate, Cloture was voted on 66.9% and used 46.3% of the time. In the 112th Congressional Senate
    Cloture was voted on 66.6% of the time and used 37.5% of the time. Do the math yourself if you doubt the numbers.

    So yes, a majority vote has been ultimately used to pass the bills, showing that compromise over the past 30 years has been all too common. Check the numbers for yourself.

    U.S. Senate: Reference Home >
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  2. #32
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: US borrowing tops 100% of GDP: Treasury

    Just to point out that compromise is desireable -- not a bad thing. It is idiotic to think otherwise.

  3. #33
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: US borrowing tops 100% of GDP: Treasury

    Quote Originally Posted by AdamT View Post
    Just to point out that compromise is desireable -- not a bad thing. It is idiotic to think otherwise.
    And for the past 30 years compromise has landed us here, today... 9.2% unemployment, 14 Trillion in debt, with a housing bubble, a 0.4% growth rate in 1Q 2012 and now borrowing 100% of GDP. Yeah, that compromise sure is swell.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  4. #34
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: US borrowing tops 100% of GDP: Treasury

    Right, and people have been driving cars for the last 30 years, so driving cars must be the cause of the economic meltdown.

  5. #35
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: US borrowing tops 100% of GDP: Treasury

    Quote Originally Posted by AdamT View Post
    Right, and people have been driving cars for the last 30 years, so driving cars must be the cause of the economic meltdown.
    Educate yourself and look at the last 30 years of borrowing... Google is your friend.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


Page 4 of 4 FirstFirst ... 234

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •