Republicans and the debt ceiling

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

[Anonymous]

Anonymous wrote:Wow, I haven't seen Democrats this worked up since they lost the ability to have slaves.

The democrats of 1850 are today's republicans.

Nice own goal.

[Anonymous]

It’s not really the spending, it’s that Republicans only want to cut taxes. If the government has no revenue, any spending is too much, by definition.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

Well put it a different way.

Most of the red states are "taker" states, meaning that get more from the federal government than the Federal government taxes their residents.
Also, there are more federal employees around the country than there are in DC and the DC region.

I think most blue "maker" state residents, at this point, would be happy to cut off the subsidies to the red states.

The issue is where to draw the line. Pollution from the upper plains flows through the mississippi river to Louisiana. Should Louisiana be responsible for mitigating it all, or should those other states be responsible too? Pollution from factories in Ohio and Pennslyania rained into New England. How did we manage that? There are more farms in the midwest, should we just not bother to ensure the quality of the food grown or the meats raised and processed? What about our ports? Should only the coastal states with ports be responsible for maintaining them, and insuring international standards of ship sizes and the machinery to ship and move the cargo is standardized? How should air traffic control be managed or the purity of pharmcuetical drugs? How do you coordiante where one road end in one state and other begins in another; or should there not be cross state roads, highways and rail lines?

Where do you want the federal responsibility to stop and the local to start? Certainly with education that is mostly a local issue. Police? Fire? Other law enforcement?

the list goes on. We have a big country with a lot of people. Without a decent central organizing entity - aka government- we would have a lot of chaos and inefficiency.

If you think we can go on forever with nosebleed debt levels, you're wrong.

Other countries are already repudiating the US Dollar and finding workarounds to its reserve currency status. You better wake up, progressives. The Unitd States is NOT immune to the laws of economic and mathematics.

I cited you government figures of a debt of 95K per person and Biden says 'no cuts'. Are you suicidal? Do you think we can't possibly go down the same path as Venezuela?

It isn't the dems who keep exploding the debt and deficit spending. Wake up.

Also, the Rs are not proposing to cut any of the drivers of the debt and deficit spending. They actually want to increase the biggest driver in the discretionary budget, which is defense. They also want to make the revenue side even worse- they are proposing a new tax cut of $3.5T. Anyone who thinks the Rs want to solve the debt or deficit is a moron.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bottom line is McCarthy doesn’t have the votes to broker a deal with Biden and save his Speakership. GOP is going to take the country over the fiscal cliff and blame the White House. And since Biden has long lost his ability to think clearly and speak coherently, the GOP may actually pull it off.

Or, if Biden refuses to negotiate and make meaningful concessions, we will go over the fiscal cliff. That's the way i see it.

What meaningful concessions is McCarthy offering?

I'm at a loss why Democrats/Liberals have a problem with the work requirement Republicans are asking for. Except for people who can't work for various physical reasons, it seems ridiculous to just give money to people without getting something in return. Oh the horror.

Because they are already working. The only people left are the elderly, children and disabled. There aren't people getting public assistance who as sitting on their counch all day.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Government has a spending problem not a revenue problem. I could cut 25 percent of the federal govt workforce and it wouldn’t make a difference to most Americans. Just a jobs program. So much wasteful spending.

You're wrong. Every billionaire is a policy failure. Every one of them would have contributed the same amount in exchange for $500 million -- meaning we left half a billion dollars on the table that could have gone to something productive.

Ummm....as of 2020, the top 10 percent of earners paid 74 percent of all income taxes. The top 25 percent of earners paid 89 percent of income taxes and the top 50 percent of earners paid 97.7 percent of all income taxes. Most billionaires (not counting those who inherited it) took risk and founded companies that grew and now employ thousands of people who also pay taxes. The device you are typing on is a result of capitalists, innovators, and risk takers.....personality traits that socialism inevitably destroys. Socialism fails to take into account human nature -- why should I work hard, risk capital, take chances, innovate if I can't reap the rewards.

Socialism works until you run out of other people's money.

Most of it is inheritited, let's be real.

What I don't get...unless you are a billionaire, which I doubt, why would you be ok with them pay less of their income tax proportionally than you, me or the garbage collector?

https://www.statista.com/statistics/621426/sources-of-wealth-of-global-billionaires/

According to statista.com: "As of 2021, a majority of the world's billionaires had earned their wealth themselves. Over 2,000 of the total 3,311 billionaires worldwide that year had earned their fortune this way. Meanwhile, 338 billionaires had inherited their wealth."

I am not a billionaire. Billionaires and millionaires could certainly afford to pay more but they already pay more than their fair share. Most have created companies that employ thousands of people, probably including yourself, that also pay taxes.

“Acquiring” and “earning” aren’t the same. Nobody ever earned a billion dollars.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

[Anonymous]

I am not sure if the matters - our friend got her student debt (over 50k) forgiven but yet they paid off their house in 15 years. Great for them no mortgage; but seems like a scam to me that she did not have to pay off her law school bill. Tax payers did when she obviously could afford it. That type of government spending is annoying to me.

[Anonymous]

Interest on the debt is 572 billion a year.
Defense spending is 785 billion a yeat.

In two years, interest is more than defense spending.

Better figure out something quick. mighty quick, or we'll all be paying 90% of our income in taxes. ALL of us. Got it?

[Anonymous]

Things Republicans would like you to not know or forget:

- Their tax cuts and unfunded wars are the primary cause of the national debt.
- They hate middle class Americans who rely on Social Security, Medicare, and Medicaid. Together, these programs account for half the yearly budget. If they cared about these people, they would fully fund the government.
- The wealthy are not overburdened by taxes, but they like to say that. In particular, they point to the share of federal income tax paid by the wealthy. What they don’t tell you is that the wealthy make a disproportionate amount of the country’s income and when TOTAL tax burden (state, local, and federal payroll taxes, in addition to federal income tax) is considered, the US has a flat tax rate across income levels.

[Anonymous]

Anonymous wrote:I am not sure if the matters - our friend got her student debt (over 50k) forgiven but yet they paid off their house in 15 years. Great for them no mortgage; but seems like a scam to me that she did not have to pay off her law school bill. Tax payers did when she obviously could afford it. That type of government spending is annoying to me.

The scam is in schools costing so much that you have to take out $50k in loans in the first place. The US is the only place where this happens.
Likewise, that healthcare and pharma in America is as expensive as it is is yet another huge scam.

Yet here you are blaming citizens who are victims of the scam.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

DP. There is a partisan trend here that is much larger than Pelosi. Republicans have a difficult time with truth and facts; they prefer “alternative “ ones.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

You see those blue downward trends? That is where she was.

[Anonymous]

Anonymous wrote:I am not sure if the matters - our friend got her student debt (over 50k) forgiven but yet they paid off their house in 15 years. Great for them no mortgage; but seems like a scam to me that she did not have to pay off her law school bill. Tax payers did when she obviously could afford it. That type of government spending is annoying to me.

Then you should go to school and get your loans forgiven too.

I mean, no one complains when the Federal Government bails out banks to 9 figures or the auto industry to 9 figures, but god forbid some individual has a 5 figure loan that is partially forgiven and that money is pumped back into the economy with spending and housing payments.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

sidelined while Trump negotiated his tax cuts with McConnell and Ryan