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Thread: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by JMak00 View Post
    Your comments about the debt are absurd and ignorant. No matter how you parse it out - accruing debt incurs additional costs and those costs have to be paid for with either more revenue or more debt. SS debt cannot be sold to investors, so it must be paid with general fund revenues. We current ly don't have a surplus, therefore, paying SS requires borrowing for other expenditures. What do you not get about this?
    The US only incurs debt because of law. Any country that issues its own currency is only constrained by the perceived value of that currency to others (productivity) versus the amount in circulation (inflation)...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by AlabamaPaul View Post
    The Fed owns more debt than China, and it returns 95% of the earned interest back to the Treasury...
    But doesn't all that equate to the public debt owed by each individual?

    All this mounting spending will only add to the already huge levels of federal debt.

    Debt held by the public from what I can gather was $11 trillion in 2012 but if things don't change will be around $19 trillion by 2023, a 73 percent increase. We will reach the debt limit again shortly a matter of days. The debt limit includes both publicly held debt and debt owed to federal trust funds such as Social Security.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by vesper View Post
    But doesn't all that equate to the public debt owed by each individual?

    All this mounting spending will only add to the already huge levels of federal debt.

    Debt held by the public from what I can gather was $11 trillion in 2012 but if things don't change will be around $19 trillion by 2023, a 73 percent increase. We will reach the debt limit again shortly a matter of days. The debt limit includes both publicly held debt and debt owed to federal trust funds such as Social Security.
    The debt limit is a stupid place to negotiate. Only spending creates debt, and it's the resultant increase/decrease in GDP relative to the amount spent that lets one know whether or not the spending was wise...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Threegoofs View Post
    The "leadership' that led us out of the 82 recession (mild by 2008 standards, really) was massive government spending... mostly on defense.

    We dont have that kind of leadership in todays Congress because its run by teabaggers, who view government spending and debt wrongly as contributing to recessions. So Obama has basically had to do it without government hel (except for his stimulus, which was enough to stave off total disaster) . and government jobs have been plummeting since the end of the stimulus.
    Your opinion noted, tell that to the millions who lost their homes, millions who were unemployed, millions who declared bankruptcy. Yes, your expertise about the 81-82 recession mirrors your expertise on just about every other issue. You know absolutely nothing and the fact that it was so short makes it appear that this one was worse but what happened was positive Presidential leadership that you wouldn't understand. Continue to buy the media and Obama rhetoric while you hold Obama to a different standard than Republicans.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by AlabamaPaul View Post
    The debt limit is a stupid place to negotiate. Only spending creates debt, and it's the resultant increase/decrease in GDP relative to the amount spent that lets one know whether or not the spending was wise...
    GDP growth dependent on govt. spending has been the problem in the European nations which is what Obama wants here. We have a private sector economy which is more insulated from economic collapse than say a country like Greece. Govt spending does indeed cause debt and contributes very little to the U.S. economy. It isn't the largest component of GDP like it is in Europe but it is a growing component thanks to liberalism

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    Re: Most would blame Republicans

    Quote Originally Posted by joko104 View Post
    Every hospital has a death panel and has for decades. Ever since emergency and medical care was required whether a person can pay for it or not. They don't call them death panels, of course. Rather, they claim to calculate the percentage of likely benefit. So, for example, if the odds are only 40% you would live with a heart transplant? You don't get one. Age also does factor in.
    And just think of it, under Obamacare, enforced by the IRS, one can expect ones political views to be included along with an assessment of one's remaining economic worth as a slave belonging to the state.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by AlabamaPaul View Post
    The debt limit is a stupid place to negotiate. Only spending creates debt, and it's the resultant increase/decrease in GDP relative to the amount spent that lets one know whether or not the spending was wise...
    Well then everyone should be in agreement then that increasing spending is a f'ing bad idea at this time. But that doesn't seem to be the case. And when facing another friggin debt ceiling raising affair in Congress, no better time to start demanding accountability.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by JMak00 View Post
    Your comments about the debt are absurd and ignorant. No matter how you parse it out - accruing debt incurs additional costs and those costs have to be paid for with either more revenue or more debt. SS debt cannot be sold to investors, so it must be paid with general fund revenues. We current ly don't have a surplus, therefore, paying SS requires borrowing for other expenditures. What do you not get about this?
    I believe we got off the subject of the Clinton surplus somehow? My post was responding to that. I certainly don't want to discuss another settled law issue like SS. It is beyond pointless. The House might as well add ending SS to their CR too for all the good it will do. We are on to to your game and its ON.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by vesper View Post
    Well then everyone should be in agreement then that increasing spending is an f'ing bad idea at this time. But that doesn't seem to be the case. And when facing another friggin debt ceiling raising affair in Congress, no better time to start demanding accountability.
    You're right, and that's why we have elections. The issue that the country now faces is the amount of recipients versus payers into the system, and that is not boding well for the payers at the moment...
    Last edited by AlabamaPaul; 10-04-13 at 06:30 PM.
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by AlabamaPaul View Post
    Your right, and that's why we have elections. The issue that the country now faces is the amount of recipients versus payers into the system, and that is not boding well for the payers at the moment...
    Good afternoon, AP.

    I've had some unexpected free time, so more posting during the day.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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