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Topic:
Ryan's 2013 budget! [Locked] |
Brother_Tempus  Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
Lyken-P posted:
Ptilk posted:
..... Get rid of the Obama tax cuts, tax capital gains at the same rate as other income....and the "we are broke" stupidity vanishes as the budget is suddenly balanced and we can get on with living and stop panicking and wailing that we are all doomed....
Fixed
Yup, they are Obama's now and if you take them away and allow government to steal ... The economy is going to tank hard
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theredkay1 Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
Brother_Tempus posted:
theredkay1 posted:
This is an economic growth and employment problem.
In my pretend world, infrastructure, education and health care only slow an economy and they dont count as real jobs.
I have a deep respect for your ability to never be bothered with facts. 
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Skinnyrumcakes  Title: Lich Larping Vampire Hunter
Posts: 86
Registered: 2002-1-10 10:41:25
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
ZigmundZag posted:
It's funny how people who say Communism fails never bother to mention China.
If only there was an asian country we could split in half and have one side have communism and the other side a form of capitalism/socialism and then compare and see how each of them did and have something like oh...a DMZ seperate them.
But that wouldn't be fair unless we included a western nation as well, so if only there was a western nation we could split in half and have one side have communism and the other side again be a form of capitalism/socialism and see how they fared. We could probably just build something like a wall in between to seperate them, no need for a DMZ so we can see if that changes anything.
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Szerek  Posts: 338
Registered: 2000-8-8 09:26:09
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
Skinnyrumcakes posted:
ZigmundZag posted:
It's funny how people who say Communism fails never bother to mention China.
If only there was an asian country we could split in half and have one side have communism and the other side a form of capitalism/socialism and then compare and see how each of them did and have something like oh...a DMZ seperate them.
But that wouldn't be fair unless we included a western nation as well, so if only there was a western nation we could split in half and have one side have communism and the other side again be a form of capitalism/socialism and see how they fared. We could probably just build something like a wall in between to seperate them, no need for a DMZ so we can see if that changes anything.
Good thing neither of those countries have socialist programs that American right wingers hate!
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-Espiritu- Posts: 269
Registered: 2004-11-29 18:27:00
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
Ptilk posted:
Austerity is stupidity.
Anyone supporting the concept is a god damned idiot. Believe the bull shit they are throwing at you....and you prove that you are moronic.
Get rid of the "Bush era" tax cuts, tax capital gains at the same rate as other income....and the "we are broke" stupidity vanishes as the budget is suddenly balanced and we can get on with living and stop panicking and wailing that we are all doomed.
Many of you are such god damned cowardly stupid little propaganda swallowing dumb asses. WTF? Can you not even think? Do simple fricken math?
It's not about reality with you dick bags however, it's all about ideology. You WANT us to be broke so you can crap on any possible safety net. Screw those poor people, you guys are better than them, you get to strut around and talk shit about them and feel all superior and the hell with grandma or some kid born into abject poverty.
All of you on the side of massive cuts to spending are exactly like BT. Think about that. You are him, just as stupid, just as short sighted, just as full of opinions based upon your religion of "capitalism". Look in the mirror and smile at the nut bag standing in front of you.
we have never been able to sustain a government that is larger than 20% of GDP. Regardless of tax rates, tax laws, etc... whether the top rate was 90% or 35%, our ability to tax is limited above 20% of GDP. We're spending close to 30% of GDP currently to fund government. Repealing the Bush tax cuts only helps getting us back to the 18-19% level of taxation.
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Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
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Bjorvald Posts: 334
Registered: 2002-4-5 20:51:00
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
As long as people keep buying bonds we can spend, spend, spend, till the cows come home! 20% of GDP?? pfft.
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Bjorvald 9lx healer
Blinknone, various toons on classic
GANKED AGAIN
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-Espiritu- Posts: 269
Registered: 2004-11-29 18:27:00
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
Bjorvald posted:
As long as people keep buying bonds we can spend, spend, spend, till the cows come home! 20% of GDP?? pfft.
This statement is correct. As long as we can rollover our previous debt, and the new debt we incur, through the sale of bonds, we can continue spending.
Unfortunately the hunger for our debt is already being artificially stimulated by the Federal Reserve, whose balance sheet has grown by $2 Trillion dollars. When The Fed becomes the only customer for treasuries... well then all that needs to happen is the world to reject our currencies reserve status, and kaboom.
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Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
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__Bonk__  Posts: 5,122
Registered: 2009-7-25 03:04:52
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
Its a typical republican budget. Make massive cuts to social programs, cut taxes, and not cut the military budget. Its more of the same.
What the US needs to do is end its two foreign wars, raise taxes, make massive cuts to the military budget, and reasonable cuts to the domestic budget.
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A change in feeling is a change in destiny.
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theredkay1 Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
-Espiritu- posted:
Bjorvald posted:
As long as people keep buying bonds we can spend, spend, spend, till the cows come home! 20% of GDP?? pfft.
This statement is correct. As long as we can rollover our previous debt, and the new debt we incur, through the sale of bonds, we can continue spending.
Unfortunately the hunger for our debt is already being artificially stimulated by the Federal Reserve, whose balance sheet has grown by $2 Trillion dollars. When The Fed becomes the only customer for treasuries... well then all that needs to happen is the world to reject our currencies reserve status, and kaboom.
Why would the world reject using the dollar as a unit of exchange?
What is that kaboom?
Its important to think about these things.
In buying US debt, the Fed pushes down the interest rate and makes investment in real things more attractive. One of the major problems in the US and Europe is we stopped investing in real stuff (factories, buildings, houses, stores, etc...)....thats why everyone is out of work.
Its not clear why the Fed would ever be the only customer for treasuries. Worrying about imaginary scenarios that dont have clear mechanisms shoudl take a back seat to actual problems
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GrilledCheez  Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
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Date Posted:
1/1/00 12:01am
Subject:
Ryan's 2013 budget! |
the current republicans are so stupid. It's almost like they are trying to lose.
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