The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year

Discussion in 'Politics' started by Tony Stark, Feb 9, 2018.


  1. Remember how you were going on about ''It's all about the Price of Gas Stupid'':)

    When Obama took office in 2008 Brent crude was at $100 a barrel and when he left , at $45.
    With Trump it's already in the $70's.
     
    #21     Feb 9, 2018
    Slartibartfast and Tony Stark like this.
  2. It's like you're on autopilot. Did you even read my post?
     
    #22     Feb 9, 2018
  3. He said he was a Libertarian ,
    now he's a full blown Dotardian.

    today i'm pigging out on Kimchi.:strong:.
     
    #23     Feb 9, 2018
  4. UsualName

    UsualName

    Yeah, the argument that the government should be run like a household is a terrible idea and analogy.

    The government should always be the antithesis of the economy in a free market. Meaning when the economy is growing the government should be reducing spending and when the economy is recessing the government should increase spending. Not only does this help fight deflation and inflation, it also creates stability because a free market is inherently unstable.

    Also, it doesn’t make sense to borrow more money in a growing economy when money is expensive. It benefits us to borrow when money is cheapest.

    What I’m saying is what you are proposing is the exact wrong thing to do for so many reasons I couldn’t begin to name them all.
     
    #24     Feb 9, 2018
  5. Tom B

    Tom B

    This bipartisan vote & Trump approval was a disgrace.
     
    #25     Feb 9, 2018
  6. Tsing Tao

    Tsing Tao

    What do my comments (which blamed money printing and easy Fed policy for crude prices) have anything at all to do with fiscal budgets?
     
    #26     Feb 9, 2018
  7. Tsing Tao

    Tsing Tao

    I try to save time when I know someone never changes their position. Did your post show a sudden realization different than the previous 1,759? If so, I can go back...
     
    #27     Feb 9, 2018
  8. Tsing Tao

    Tsing Tao

    Two posts in a row of irrelevant commentary. I know that's not your record by far, but if you try to stay on subject, our conversation can be a bit more two way.
     
    #28     Feb 9, 2018
  9. jem

    jem

    I note that Congressman Dave Brat stated that if the economy grows at 2.7 percent this year the tax cuts will have paid for themselves.

    Off course this new spending bill makes determining if the tax cuts paid for themselves with growth very difficult to determine... once again.
     
    #29     Feb 9, 2018