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  #1  
Old 02-04-2014, 09:06 AM
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The GOP doesn't care about the debt ceiling any more than the Dems do. It's an opportunity, nothing more.
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  #2  
Old 02-04-2014, 05:12 PM
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Who started this whole "debt ceiling is like a credit card spending limit" sham anyhow??
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  #3  
Old 02-04-2014, 05:24 PM
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U.S. GAO - Debt Limit: Delays Create Debt Management Challenges and Increase Uncertainty in the Treasury Market

The debt limit does not control or limit the ability of the federal government to run deficits or incur obligations. Rather, it is a limit on the ability to pay obligations already incurred. While debates surrounding the debt limit may raise awareness about the federal government's current debt trajectory and may also provide Congress with an opportunity to debate the fiscal policy decisions driving that trajectory, the ability to have an immediate effect on debt levels is limited. This is because the debt reflects previously enacted tax and spending policies.
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  #4  
Old 02-04-2014, 06:27 PM
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That the teenager is the Government and taxpayers are the parent doesn't make much sense, since taxpayers aren't united in their distaste for the use of credit and the teenager Government isn't any less or more responsible than the parent taxpayers.
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  #5  
Old 02-04-2014, 10:05 PM
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Originally Posted by MTI View Post
That the teenager is the Government and taxpayers are the parent doesn't make much sense, since taxpayers aren't united in their distaste for the use of credit and the teenager Government isn't any less or more responsible than the parent taxpayers.
Yeah only around forty nine percent are united against runaway government spending. The other fifty one percent say give me more free stuff, and I'll keep voting for you, and by the way raise taxes on those who are working.
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  #6  
Old 02-04-2014, 10:36 PM
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Originally Posted by sloride View Post
Yeah only around forty nine percent are united against runaway government spending. The other fifty one percent say give me more free stuff, and I'll keep voting for you, and by the way raise taxes on those who are working.
Pardon me for asking, but can you back up those numericals? And if you include anyone actually making money some how in 'working', who else would you propose to tax, the indigent?
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  #7  
Old 02-04-2014, 10:42 PM
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Yeah only around forty nine percent are united against runaway government spending. The other fifty one percent say give me more free stuff, and I'll keep voting for you, and by the way raise taxes on those who are working.
So it is not the fault of Congress, which according to the US Constitution it is, but it is the fault of those without jobs that Congress keeps spending money?

I seem to recall that under Clinton the nation debt was finally down to zero, and then, eight years later, it is way up there and the economy is in a shambles.

So those that voted to put Bush into office did this to us?
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  #8  
Old 02-04-2014, 11:16 PM
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Originally Posted by Idle View Post
So it is not the fault of Congress, which according to the US Constitution it is, but it is the fault of those without jobs that Congress keeps spending money?

I seem to recall that under Clinton the nation debt was finally down to zero, and then, eight years later, it is way up there and the economy is in a shambles.

So those that voted to put Bush into office did this to us?
Your dreaming, the national debt was no where near zero during the Clinton administration. I guess your next dream will be that when H. C. gets elected that it will go to zero again. Who held the congress when the national debt really exploded in 07 and 08? A few people got let go at MSNBC lately, I am sure they have an opening for someone willing to spew those facts.
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  #9  
Old 02-05-2014, 01:34 AM
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Originally Posted by sloride View Post
Your dreaming, the national debt was no where near zero during the Clinton administration. I guess your next dream will be that when H. C. gets elected that it will go to zero again. Who held the congress when the national debt really exploded in 07 and 08? A few people got let go at MSNBC lately, I am sure they have an opening for someone willing to spew those facts.
The numbers don't lie. Keep living in your dream world. Reality seems to disagree with you.

No problem is solved by turning a blind eye to the facts, and all the spin in the world will not change history. I understand that some people have trouble admitting they made a mistake, but that does not mean the rest of us have to live with it.
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  #10  
Old 02-05-2014, 01:25 PM
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Quote:
Originally Posted by Idle View Post
So it is not the fault of Congress, which according to the US Constitution it is, but it is the fault of those without jobs that Congress keeps spending money?

I seem to recall that under Clinton the nation debt was finally down to zero, and then, eight years later, it is way up there and the economy is in a shambles.

So those that voted to put Bush into office did this to us?
The deficit was near zero. Not the debt.
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  #11  
Old 02-05-2014, 08:29 PM
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The deficit was near zero. Not the debt.
You are soon to be flamed for that comment. The poster does not believe in facts, and only what they want to believe in.
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  #12  
Old 02-05-2014, 07:14 AM
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Originally Posted by MTI View Post
That the teenager is the Government and taxpayers are the parent doesn't make much sense, since taxpayers aren't united in their distaste for the use of credit and the teenager Government isn't any less or more responsible than the parent taxpayers.
yeah only the ignorant taxpayers think more debt is good
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  #13  
Old 02-05-2014, 09:31 AM
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OK, so forget partisan stuff.
Is the continual increase in our national debt a good thing, or a bad thing?
If its a bad thing, how do you propose to reduce it?
Keep it simple.
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  #14  
Old 02-05-2014, 09:55 AM
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The new currency

Quote:
Originally Posted by MS Fowler View Post
OK, so forget partisan stuff.
Is the continual increase in our national debt a good thing, or a bad thing?
If its a bad thing, how do you propose to reduce it?
Keep it simple.
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  #15  
Old 02-05-2014, 12:38 PM
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Originally Posted by Jim B. View Post
Gold bars, South African krugerands, cut diamonds, ammunition, gasoline and diesel fuel, and REAL silver coins.
That might work for you, personally, but what about the nation?
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