So you don't deny that the Republicans concern over debt, the deficit, and fiscal conservatism is a complete lie? Thanks for validating. |
The reality on total Fed debt is that each party will continue to add debt until the collective bond market says stop, by raising interest to an uncomfortable level. I think if mortgage rates got to 10%, that would do it. People would demand change.
And the Federal Reserve had a hand in this by buying Treasury bonds for years past financial crisis, artificially pushing down rates, and giving a false sense that the ever expanding yearly deficits are ok. How long this can go on for is anyone’s guess. |
I didn’t validate sh*t . I don’t know what T added and neither do you. I know what Biden added last year, 2T. |
Now compare how the money was spent. That’s what matters more than anything. |
Hilarious. You need to stick with Netflix and lay off the politics. |
You somehow know what Biden added last year but don't know what Tump added? Posting credibility isn't important to you, is it? You've also validated that. You're on a roll. |
So you want somebody to pay more taxes, as long as it's not you? Ok. |
Dems are celebrating SALT, I know because I have heard from them. They love it. |
What does that have to do with the allegedly partisan donor class on both sides of the aisle being jubilant this passed? Because congress is a charade. Some of you are in your 50s and 60s and haven’t caught onto this scam yet? They work in concert, blame boogeymen, and it’s always a win-win for the donor class and special interests. Politics is theater. |
Oh, looky loo -- instead of dealing with fraudster health care co's like United Health, this admin would rather give them more $$$$. Here's AOC with the receipts which RFK jr. has no awareness of. Stunning. Stop both sidsing this people!
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Nope. There is theater. But, there is cruelty. They are not the same thing. |
No, we're not. Any money we save with the SALT deduction will be negated in the higher cost of our healthcare - because much less money will be coming into the system through Medicaid and somebody has to pick up the slack - that's us. |
True. But with Republicans adding another $3.3 trillion in unsustainable debt in an environment where the US dollar has declined in value by nearly 15 percent while inflation remains high, it means the Fed cannot reduce interest rates at all and only increase them to counter the damage Republicans are inflicting on the economy. So anyone hoping to refinance or buy a home in the foreseeable future is out of luck. As interest rates remain high, asset prices will have to go down. Republican fiscal insanity may actually lead to a deflationary spiral as the fed is forced to keep interest rates high. |
You partisan Dems really think there’s a gloomy vibe in Bethany, Dewey and Rehoboth, the Hamptons, Cape Cod, Nantucket, Martha’s Vineyard, Watch Hill and Breakers Rhode Island this weekend because BBB passed? Please don’t tell me anyone here is that naive. The rich on all sides are all thrilled. American politics is fake and controlled by the rich; proletariat just have an illusion of control. Vote harder next time! Like it matters. |
Per the above clip with AOC, this admin just doubled the US federal payments to private healthcare companies. |