If you elect the "King of Debt" what happens
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Deficits don't matter until they do. We've never reached that point in our modern history but to act like it can't happen is beyond FS. We only get to borrow on the cheap because the rest of the world still believes in the full faith and credit of the US Government. If that changes we fuct biggy.doogie said:Not worried. Print, print, print is the decision. Has been since 2000. Pretending to care about the deficit now, is folly.
We have a fundamental problem in this country in that we want way more in benefits than we are willing to pay for them. And it's not just the fault of 'po people sucking off the guvmint tittays. -
Deficits don't matter until they do. We've never reached that point in our modern but to act like it can't happen is beyond FS. We only get to borrow on the cheap because the rest of the world still believes in the full faith and credit of the US Government. If that changes we fuct biggy.doogie said:Not worried. Print, print, print is the decision. Has been since 2000. Pretending to care about the deficit now, is folly.
We have a fundamental problem in this country in that we want way more in benefits than we are willing to pay for them. And it's not just the fault of 'po people sucking off the guvmint tittays. -
Deficits don't matter until they do. We've never reached that point in our modern history but to act like it can't happen is beyond FS. We only get to borrow on the cheap because the rest of the world still believes in the full faith and credit of the US Government. If that changes we fuct biggy.doogie said:Not worried. Print, print, print is the decision. Has been since 2000. Pretending to care about the deficit now, is folly.
We have a fundamental problem in this country in that we want way more in benefits than we are willing to pay for them. And it's not just the fault of 'po people sucking off the guvmint tittays. -
Deficits don't matter until they do. We've never reached that point in our modern history but to act like it can't happen is beyond FS. We only get to borrow on the cheap because the rest of the world still believes in the full faith and credit of the US Government. If that changes we fuct biggy.doogie said:Not worried. Print, print, print is the decision. Has been since 2000. Pretending to care about the deficit now, is folly.
We have a fundamental problem in this country in that we want way more in benefits than we are willing to pay for them. And it's not just the fault of 'po people sucking off the guvmint tittays. -
Its how much money is printed changing what the value represents.
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So that means by printing more currency, we really screw over the Chinese by deflating the value of our repayment. Brilliant! Trump is LAUGHING at the Chinese. Might result in higher interest rates for the next billion dollar UST sales (already happening), higher inflation, and decreased purchasing power for US consumers, but it would be worth it to see those currency manipulating Chinese get trumped. Winning! MAGA!Gwad said:Its how much money is printed changing what the value represents.
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Christ, you assholes. It's Vanilla's fault for the double clutch poast. Why don't we can Vanilla and put @UW_Doog_Bot in charge? That's change I can believe in.
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To me this isn't a right v left issue. It's a Libertarian v Globalist (establishment) issue.YellowSnow said:Anyone else here concerned about the fact that the US Treasury Dept is set to borrow $955 Billion in 2018 and over 1 trillion in 2019? These numbers are outstanding for peace time and an economy growing at a healthy clip.
Awfully quiet around here for all the shit Obama got for his record setting deficits during the biggest economic crisis since the depression.
Globalists (Hi Hills!) love debt. They own the companies where they spending goes, then they charge the gobment interests on that debt. win-win-win
He who has the gold make the rules. -
Yes. It’s beyond fucking stupid to increase borrowing and rack up debt when the economy is in decent shape.
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That's a little too Taco Bell illuminati for my taste. It's a lot simpler than that: in democracies it's way to easy for the electorate to vote themselves a pay raise. Politicians that promise more bennefits get votes. Those that cut them don't.pawz said:
To me this isn't a right v left issue. It's a Libertarian v Globalist (establishment) issue.YellowSnow said:Anyone else here concerned about the fact that the US Treasury Dept is set to borrow $955 Billion in 2018 and over 1 trillion in 2019? These numbers are outstanding for peace time and an economy growing at a healthy clip.
Awfully quiet around here for all the shit Obama got for his record setting deficits during the biggest economic crisis since the depression.
Globalists (Hi Hills!) love debt. They own the companies where they spending goes, then they charge the gobment interests on that debt. win-win-win
He who has the gold make the rules.
