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Pocahontas Warren's plan to spend America into peace, prosperity and happiness for all

marke said:
Let me simplify. Economics 101. Spend trillions of dollars each year more than can ever be hoped to be taken in by taxation and the nation goes bust. Did I miss anything?
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You missed oh, so much. As usual.

We always spend more than we collect in taxation. And it's not a problem.

Nations without debt in foreign currencies don't "go bust." You actually mentioned bankruptcy in a later post. There is no World Bankruptcy Court.

Our government doesn't "borrow" private sector assets, it adds to them when it spends.

Plus, your initial addition problem is absolutely ridiculous. Why have you not subtracted the trillions we all spend on healthcare, for instance? Universal healthcare, if we use any other country on Earth as a yardstick, will cost us less, not more, for better coverage.

The whole OP is just another silly rant based on completely unrealistic numbers and a complete lack of understanding of how governments finance themselves.

Did I miss anything?
 
JohnfrmClevelan said:
You missed oh, so much. As usual.

We always spend more than we collect in taxation. And it's not a problem.

Nations without debt in foreign currencies don't "go bust." You actually mentioned bankruptcy in a later post. There is no World Bankruptcy Court.

Our government doesn't "borrow" private sector assets, it adds to them when it spends.

Plus, your initial addition problem is absolutely ridiculous. Why have you not subtracted the trillions we all spend on healthcare, for instance? Universal healthcare, if we use any other country on Earth as a yardstick, will cost us less, not more, for better coverage.

The whole OP is just another silly rant based on completely unrealistic numbers and a complete lack of understanding of how governments finance themselves.

Did I miss anything?
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Yes. In simple terms, if a government runs out of money the banks close and other nations refuse to lend them any more money on painless terms.
 
I agree. He should have said Fauxcahontas or Liawatha.

haymarket said:
It is a service to the rest of the site here when the first two words of the title disqualifies a thread from any serious consideration rendering the remainder of it unnecessary to read.
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SDET said:
I agree. He should have said Fauxcahontas or Liawatha.
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A racist changing their offensive term from one slur to another does not make it any less offensive.
 
marke said:
How much is Elizabeth Warren proposing to spend to finally make America a great nation? Here are some numbers totaling ten year costs to fund her proposals:

1. Green New Deal - $94 trillion.
2. Medicare for all - $32.6 trillion.
3. Dealing with opioids - $700 billion.
4. Cancelling student debt and offering free college - min. of $1.25 trillion.
5. Universal child care - $700 billion.
6. Reparations for slavery - $trillions?.
7. Food, shelter, clothing, hospital care, schooling and other expenses for aliens not allowed to work in the US - $more trillions?
8. Hiring thousands of new government officials to handle skyrocketing cases of illegal immigration, lawsuits agaisnst cops, and investigations into republican congressmen for every little hint of a misdemeanor - $ more billions?

There is no limit to how much Pocahontas is willing to spend since it is not her money she will be spending (her money is hidden in carefully crafted overseas tax-exempt democrat foundations.)

She plays to the general ignorance of the common voter by claiming the rich will be paying for the extravagant budget-smashing wild and crazy unrestrained government spending.
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I love the idea if it's voluntary. If the truncheons and machine guns come out, then I'm not such a fan.
 
When one makes a slur against a fake Indian, that makes them a fake racist, not a real one.

haymarket said:
A racist changing their offensive term from one slur to another does not make it any less offensive.
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SDET said:
When one makes a slur against a fake Indian, that makes them a fake racist, not a real one.
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Warren supported her claim of family lore.
 
marke said:
Yes. In simple terms, if a government runs out of money the banks close and other nations refuse to lend them any more money on painless terms.
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OK. In simple terms, you are completely wrong.

Do I really have to explain this again? Will it do any good?

When has a government EVER run out of money?
 
haymarket said:
A racist changing their offensive term from one slur to another does not make it any less offensive.
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Racist? If I am a racist then what are you, a hate monger? An unjust judge? Someone who falsely accuses others and then says all manner of evil against them falsely on the basis of that false accusation?

Are democrats racist? Maybe, maybe not. Do democrats wrongly hate people who disagree with them? Definitely.
 
marke said:
Racist? If I am a racist then what are you, a hate monger? An unjust judge? Someone who falsely accuses others and then says all manner of evil against them falsely on the basis of that false accusation?
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An American patriot.
 
JohnfrmClevelan said:
OK. In simple terms, you are completely wrong.

Do I really have to explain this again? Will it do any good?

When has a government EVER run out of money?
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Your argument is the government cannot run out of money because it never has before? Did I not hear democrat and republican leaders claim that social security is running out of money? Are those people stupid or are you just smarter than they are?
 
Logician Man said:
Bill Clinton is on record as stating the rich, such as himself, should be taxed at a higher rate. Can you name any Republican conservatives who have done the same ? If so,list them. Also, Clinton released his tax records like every other President has done, except one. Can you name the President who hasn't released his tax returns for public scrutiny and transparency ?
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Every president prior to Nixon.
 
marke said:
Trump has rolled back some of Obama's hope and change alterations and regulations designed to transform America into a modern new age nation subservient to world government and without national identity.



What most voters seem ignorant of is that the 'rich' are not stupid. Many, like Clinton, Epstein's clients and other rich democrats have their wealth tied up in tax-exempt foundations and tax shelters where the IRS will never get it. Democrats like to claim the rich are the ones causing poverty among the poor but that is just a lie which plays well among the ignorant for democrats seeking to falsely slander republicans, conservatives, and level-headed budget planners for immoral political reasons.

Just like the liars who blamed Bush for Congress' declaration of war on Iraq, modern democrats blame Trump for what Congress has done with the tax code. Ignorance and deception are very bad for this country but democrats use very bad methods trying to hang onto the support of the deluded.
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Obama had no such regulations.

If you're simply going to lie, try and lie better.
 
I wonder if she still wears glass slippers because her daddy called her Cinderella.

haymarket said:
Warren supported her claim of family lore.
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marke said:
Your argument is the government cannot run out of money because it never has before? Did I not hear democrat and republican leaders claim that social security is running out of money? Are those people stupid or are you just smarter than they are?
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No, my argument is that the government can't run out of money because money is not a limited resource. Where do you think dollars come from, anyway?

People that claim SS is "running out of money" are talking about the fact that SS taxes aren't keeping up with SS payments. It's as if you budgeted $100/month for electricity, and the bill was $120/month. Your electricity budget would "run out" of budgeted money before the year was up. That doesn't mean you couldn't still pay the bill if you chose to do so.
 
JohnfrmClevelan said:
OK. In simple terms, you are completely wrong.

Do I really have to explain this again? Will it do any good?

When has a government EVER run out of money?
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Italy, their bad debt is 20% of loans.
Greece which owes billions to banks and other countries they can’t pay back.
US debt is over 22 trillion which is bigger than gross domestic product. Interest on our debt is 393.5 billion. China holds 1.11 trillion of our debt.
Marke is right. When other countries stop loaning us money or we don’t have the ability to pay the interest or the loans, we are in trouble.
 
JohnfrmClevelan said:
No, my argument is that the government can't run out of money because money is not a limited resource. Where do you think dollars come from, anyway?

People that claim SS is "running out of money" are talking about the fact that SS taxes aren't keeping up with SS payments. It's as if you budgeted $100/month for electricity, and the bill was $120/month. Your electricity budget would "run out" of budgeted money before the year was up. That doesn't mean you couldn't still pay the bill if you chose to do so.
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What?
Money is a limited resource. If you earn $500 a week but your expenses are 1000 a week, no have no more money. You have two choices, get a loan or don’t spend more than you have.
The US spends more than it earns. Since they don’t like to save, they secure loans from other countries or they sell bonds, etc.
They don’t print money at will to pay their debt, this causes inflation.
 
Outlook said:
Italy, their bad debt is 20% of loans.
Greece which owes billions to banks and other countries they can’t pay back.
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Greece and Italy stupidly ceded their monetary sovereignty. The euro is designed so that countries have to borrow from the ECB. That's not the case with the U.S., U.K., Canada, Japan, Australia, etc.


Outlook said:
US debt is over 22 trillion which is bigger than gross domestic product. Interest on our debt is 393.5 billion. China holds 1.11 trillion of our debt.
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Explain why any of that matters.

Outlook said:
Marke is right. When other countries stop loaning us money or we don’t have the ability to pay the interest or the loans, we are in trouble.
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Wrong again.



People and countries buying U.S. bonds is not the same thing as the U.S. borrowing money.
 
Tanngrisnir said:
Obama had no such regulations.

If you're simply going to lie, try and lie better.
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I don't care if leftists want to believe Trump is not rolling back bad regulations. However, they do damage to this nation by lying about it, even though it serves the purpose of dishonestly promoting the democrat party.
 
SDET said:
I wonder if she still wears glass slippers because her daddy called her Cinderella.
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I wonder if Cinderfella Warren was originally born a man. Do native Americans believe in gender identity sex change operations for children?
 
marke said:
She is definitely a smooth-lipped fast talker who covers her lying with much energetic rhetoric.
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I get that the right wing fears her.
 
Outlook said:
What?
Money is a limited resource. If you earn $500 a week but your expenses are 1000 a week, no have no more money. You have two choices, get a loan or don’t spend more than you have.
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Yeah, money is a limited resource to you and me, because we don't create our own currency. Money is not something that the U.S. government has to collect in order to spend. Where do you think dollars come from, anyway?

Did Zimbabwe "run out" of their money? Apparently not.

Outlook said:
The US spends more than it earns. Since they don’t like to save, they secure loans from other countries or they sell bonds, etc.
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Governments don't "earn" money. They also can't "save" in their own currencies. Governments create their own money. If they so choose, they can tax some or all of it back. But that is a choice, not a necessity.

The U.S. does not borrow other currencies, either. We operate in dollars, because we create all the dollars (via bonds and the central bank) that we need.

Outlook said:
They don’t print money at will to pay their debt, this causes inflation.
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No, they don't "print money" to pay their obligations. They issue bonds to pay their obligations. It's the central bank that "prints money." And neither operation causes inflation.
 
Tanngrisnir said:
Wrong. Please try again.
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LOL
All presidents prior to 1913 did not present their taxes. The 16th amendment was ratified permanently legalizing an income tax.
Lincoln did briefly impose a tax to pay for the war and their was brief taxation in 1890’s.
So we can safely say prior to Wilson no president provided their income taxes. Dah.

The voluntary practice of providing income tax records was started by Richard Nixon.

Can someone help this guy get on the internet?
 
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