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POTUS 45:46: New Year, Same 'Ol Crap.

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Re: POTUS 45:46: New Year, Same 'Ol Crap.

FadeToBlack&Gold said:
I want to see that just to watch heads asplode when he and whoever is POTUS propose going back to making the top bracket 70% on everything over $650,200 (based on inflation since 1980).
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May I just say I would be fine with that? :)
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Whoa. WSJ editorial board rips into Trump, saying his comments on Afghanistan were a "slander against every ally that has supported" the US effort in the country and adding, "We cannot recall a more absurd misstatement of history by an American President." <a href="https://t.co/cZM8EHqGZH">https://t.co/cZM8EHqGZH</a></p>— Oliver Darcy (@oliverdarcy) <a href="https://twitter.com/oliverdarcy/status/1081167370356486144?ref_src=twsrc%5Etfw">January 4, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

When Putin explained the history revision to Trump, he must've expressed it "very strongly." :rolleyes:
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

ScoobyDoo said:
Warren's better than Bernie. She's smarter. She understands policy better. She understands money better. All this **** needs to get paid for.
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Bernie's economic adviser is Stephanie Kelton who is extremely intelligent on these matters and understands modern monetary theory and our economy extremely well. The notion that he doesn't have plans to pay for things is economically illiterate nonsense that flies in the face of reality. Nobody ever asks the GOP how they plan to pay for their tax cuts or the military or any of the debt they've racked up for the past 40 years but suddenly it becomes an issue when someone truly progressive wants to roll out ambitious plans. Hmm...
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

Drew S. said:
It’s hard for me to imagine the Dems doing better than Beto and Warren.
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We'll see how it plays out. I can see Beto, Harris, Warren, Klobuchar, and Sherrod Brown all being very appealing, and I'm sure many others (Booker, Biden, Gillibrand) can take a good run at it too.

It's very early days and a lot will depend on how the next two years go politically and economically. If the bottom falls out of the economy we democratic socialists are going to look great. If the US is on the brink of war with China (or Russia) then other factors will dominate. 20 more months of Ever More Apocalyptic Weather will make the environment a leading issue. Mueller's report may be so devastating that even the GOP Senate gets the memo. It's a dynamic system.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

trixR4kids said:
Bernie's economic adviser is Stephanie Kelton who is extremely intelligent on these matters and understands modern monetary theory and our economy extremely well. The notion that he doesn't have plans to pay for things is economically illiterate nonsense that flies in the face of reality. Nobody ever asks the GOP how they plan to pay for their tax cuts or the military or any of the debt they've racked up for the past 40 years but suddenly it becomes an issue when someone truly progressive wants to roll out ambitious plans. Hmm...
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Good. Glad to hear he has a good economic advisor.

You have to stop comparing to the Money Laundering Treasonous Cult. They lie, cheat, and steal on purpose and none of their methods will work with the Democratic Party.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

ScoobyDoo said:
Good. Glad to hear he has a good economic advisor.

You have to stop comparing to the Money Laundering Treasonous Cult. They lie, cheat, and steal on purpose and none of their methods will work with the Democratic Party.
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And you need to stop pretending that we need to worry about deficits, it only becomes an issue when the treasonous cult wants to block progressive policies or gain more power and prove the idea that "government doesn't work!". There's a reason why Paul Ryan went from deficit hawk to suddenly no longer caring about it at all.

And the difference is they actually deliver to their base of racist xenophobes rather than campaigning to them but abandoning them the second they get power.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

trixR4kids said:
And you need to stop pretending that we need to worry about deficits, it only becomes an issue when the treasonous cult wants to block progressive policies or gain more power and prove the idea that "government doesn't work!". There's a reason why Paul Ryan went from deficit hawk to suddenly no longer caring about it at all.

And the difference is they actually deliver to their base of racist xenophobes rather than campaigning to them but abandoning them the second they get power.
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No. I worry about the debt and deficits. Everyone should. I know why they stopped caring about it. And if we stop caring about it we won't have a country left. They don't need to care about the country, they have the money to move.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

ScoobyDoo said:
No. I worry about the debt and deficits. Everyone should. I know why they stopped caring about it. And if we stop caring about it we won't have a country left. They don't need to care about the country, they have the money to move.
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Deficits aren't a problem at the federal level, we literally can print our own currency and have the most powerful currency in the world. Her piece on this explains it well: https://www.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html

The same is largely true for the national debt:
https://www.barrons.com/articles/stephanie-kelton-wantsyou-to-rethink-the-deficit-1536853788
When I worked on the Hill, one of my favorite exercises was to find elected officials, staffers, and ask them if you had a magic wand, and you could wave it, and eliminate the national debt tomorrow, would you do it? Of course. Who wouldn’t do that? Yes, I mean, the quickest “yes” you ever got in your life.

OK, what if I gave you a different wand, and I told you, you can wave the magic wand, and you can eradicate the world of U.S. Treasuries. There won’t be Treasury notes anymore. They’ll just all be gone. How many members of Congress, would do that?

Zero.

They looked at me with a total blank stare.
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Re: POTUS 45:46: New Year, Same 'Ol Crap.

trixR4kids said:
Deficits aren't a problem at the federal level, we literally can print our own currency and have the most powerful currency in the world. Her piece on this explains it well: https://www.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html

The same is largely true for the national debt:
https://www.barrons.com/articles/stephanie-kelton-wantsyou-to-rethink-the-deficit-1536853788
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I never said I want to eliminate the debt or eliminate the deficits. I said we need to worry about it. We need to worry that people actually think the 1.5 trillion they just stole is going to be paid for by economic expansion (which is what the majority of Americans believe). If we started believing that paying off everyone's student debt and giving them free college or tech school for two years would pay for itself I would be 100% onboard. And that's how you pay as you go. You pay as you go BY knowing that supply side is a crock of **** and actually investing in the American People pays dividends.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

ScoobyDoo said:
I never said I want to eliminate the debt or eliminate the deficits. I said we need to worry about it. We need to worry that people actually think the 1.5 trillion they just stole is going to be paid for by economic expansion (which is what the majority of Americans believe). If we started believing that paying off everyone's student debt and giving them free college or tech school for two years would pay for itself I would be 100% onboard. And that's how you pay as you go. You pay as you go BY knowing that supply side is a crock of **** and actually investing in the American People pays dividends.
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Well I sorta agree but I just think that framing it as "we need to worry about the debt" is counter productive and generally leads to austerity or half measure solutions that somehow only favor the 1% and large corporations like how the bailout was handled.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

trixR4kids said:
Well I sorta agree but I just think that framing it as "we need to worry about the debt" is counter productive and generally leads to austerity or half measure solutions that somehow only favor the 1% and large corporations like how the bailout was handled.
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No. We need to flip how people think. The GOP always pays for things too. They always say, the tax cut pays for itself. Always.
 
Re: POTUS 45:46: New Year, Same 'Ol Crap.

Debt will only resolve itself by default one day down the road....

Can't cut spending.
And any new revenue will be spent.

Easy peasy
 
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