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So Who Won?

Who Won on the Budget Compromise?

  • Total voters
    75
ernst barkmann said:
well, in my 30 years in the political arena, it is usually always the republican leadership, that hurts the party, this is not the first time, the leadership, has undercut the party as a whole.

so now the republican party will have to see if the people remember them in nov 2014......however the people do have short attention spans.
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at least we have the media to remind us what happened.
 
jonny5 said:
Except Dems don't admit it. They lie and distract and no one calls them on it. That's the real difference. Republicans are transparent (due to the media). Democrats are not.
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No one would accept their philosophy or political goals if they didn't lie about it.
 
Nobody won ****.


"... full of sound and fury, signifying nothing."
 
Redress said:
Interest is figured into the budget...
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interest is about 250 billion a year at the current rate.

what would happen if interest on the debt rises to 5, 6%

whats 6% on 17 trillion?.......about 1 trillion in interest, i wonder where they money will come from if rates go up?

i am sure when janet yellen gets her job, she will do her best to keep interest rates low.......
 
ernst barkmann said:
well, in my 30 years in the political arena, it is usually always the republican leadership, that hurts the party, this is not the first time, the leadership has undercut the party as a whole.

so now the republican party will have to see if the people remember them in nov 2014......however the people do have short attention spans.
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From the looks of it they have immigration next on the list to deal with. Should be fun watching establishment republicans do their thing and stand by the democrats in their own demise. Idiots.
 
This isn't over until the Senate and the House vote on the same bill and it's signed by the President. None of these three things have happened yet. I'll vote on this poll when congress votes.

Nobody has lost. Nobody has won.

vasuderatorrent
 
ernst barkmann said:
interest is about 250 billion a year at the current rate.

what would happen if interest on the debt rises to 5, 6%

whats 6% on 17 trillion?.......about 1 trillion in interest, i wonder where they money will come from if rates go up?

i am sure when janet yellen gets her job, she will do her best to keep interest rates low.......
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You realize default would be the surest way to raise the interest rate? And yes, interest payments are a part of the budget.
 
When victory means that we still have a government and an economy nobody really won anything. There has been a lot of damage done to individual Americans in big business as well as working people. 25 Billion dollars damage to the GDP.
Politically the Democratic party has made great gains in that republicons are polling at an all time low (23%) and will likely lose the house next time around.
The GOP has been hoodwinked by a flim-flam con man Raphael Cruz. They need to re-examine who they followed and why. Raphael Cruz is a junior senator with a whopping nine months in Washington under his belt and he effectively became speaker of the house for a few weeks.
He was born in Canada to a Cuban father who fought with Fidel Castro during the Cuban revolution. I'm not so sure that his goal isn't to bring down the United States of America as a world power.
It is highly unlikely that the GOP in the house will try a damaging stunt like this any time soon, so we have that going for us as well.
No one won ...some lost more than others... that's all that can be said.
 
ernst barkmann said:
SEE WHERE YOUR MONEY GOES!

U.S. National Debt Clock : Real Time
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I'm perplexed! On October 14, at 2015, I posted that I had just looked at the debt clock, and it showed $17T,330B,909M and counting. It is now showing $16T,964B,074M, and counting.. Can the debt clock go backwards if enough monies come in? Weird!

Greetings, Ernst Barkmann. :2wave:
 
polgara said:
I'm perplexed! On October 14, at 2015, I posted that I had just looked at the debt clock, and it showed $17T,330B,909M and counting. It is now showing $16T,964B,074M, and counting.. Can the debt clock go backwards if enough monies come in? Weird!

Greetings, Ernst Barkmann. :2wave:
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It's not because of money coming in. It's from lack of money going out.
 
polgara said:
I'm perplexed! On October 14, at 2015, I posted that I had just looked at the debt clock, and it showed $17T,330B,909M and counting. It is now showing $16T,964B,074M, and counting.. Can the debt clock go backwards if enough monies come in? Weird!

Greetings, Ernst Barkmann. :2wave:
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Yes, it can. Good evening pg...
 
ernst barkmann said:
interest is about 250 billion a year at the current rate.

what would happen if interest on the debt rises to 5, 6%

whats 6% on 17 trillion?.......about 1 trillion in interest, i wonder where they money will come from if rates go up?

i am sure when janet yellen gets her job, she will do her best to keep interest rates low.......
Click to expand...
Interest rates on US debt are nearly entirely in fixed form, meaning that a shift in short term interest rates would not apply to the cumulative US debt but rather the deficits incurred in the short term future. Not nearly as catastrophic a scenario as some would have you believe.
 
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