US is doing better now not worst! ET trolls, too bad, you lose!

Discussion in 'Economics' started by smallfil, Jan 1, 2020.

  1. wartrace

    wartrace

    Time will tell if that "Theory" is correct or not. The problem I have with monetizing debt is the "benefit" you claim is eventually going to trigger a new crisis. All the democrat nitwits are looking at taxing traders to solve the problems and THAT is what has me concerned. If the forecasted deficit spending holds true we're screwed eventually. How much debt can the government take on? 2x GDP? 3x GDP? Another problem is servicing the debt. Debt service is already the fourth largest line item for federal spending; god help us if rate go back up.
    https://www.crfb.org/papers/updating-us-budget-outlook
     
    #41     Jan 1, 2020
  2. destriero

    destriero

    Only Bernie has mentioned a trading tax and it is why I would abstain in the General if he is the nominee. Anyone who would espouse such a policy has no business being President.
     
    #42     Jan 1, 2020
  3. wartrace

    wartrace

    Warren has also proposed it.
     
    #43     Jan 1, 2020
    nooby_mcnoob likes this.
  4. richDude

    richDude

    you are making shit up just so that you can believe it yourself lolol.
     
    #44     Jan 1, 2020
  5. destriero

    destriero

    No, a tax on billionaires.
     
    #45     Jan 1, 2020
  6. notagain

    notagain

    Democrats are a strange blend of compassion and corruption. Electing Trump was an act of desperation. If you want to win you know what to do, or is there something else going on.
     
    #46     Jan 1, 2020
  7. Sig

    Sig

    I honestly have no idea what you're trying to convey, but I'll be satisfied that you've at least considered the concept that we're all Americans and there's no good in hoping for bad things for people just because we don't agree with them politically. Thanks for listening.
     
    #47     Jan 1, 2020
  8. wartrace

    wartrace

    https://taxfoundation.org/elizabeth-warren-medicare-for-all-tax-proposals/
    Scroll down to the "other reforms" section. She has proposed a trading tax.

    I could live with a small 1 dollar each way (2 dollar round trip) tax per futures contract. Since the proposal is vague (they always are) it's hard to tell what she's proposing.
     
    Last edited: Jan 1, 2020
    #48     Jan 1, 2020
  9. ElCubano

    ElCubano

    By having others absorb the loss.
     
    Last edited: Jan 1, 2020
    #49     Jan 1, 2020
  10. smallfil

    smallfil


    Yeah, because trillion dollar deficits vanish out of thin air? As for what the Federal Reserve does on its own, ask them that question. Only stupid is you. If trillion dollar deficits are bad, it should be equally bad whether the US President is Republican or Democrat. You cannot have it both ways. As for liberals not voting for Hillary Clinton, I have liberal friends who actually voted for President Donald Trump so what does that prove? Did they become Conservative or Republican?
     
    #50     Jan 1, 2020
    murray t turtle likes this.