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Author Topic:   2024 US Presidential Election
PaulK
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Posts: 17907
Joined: 01-10-2003
Member Rating: 7.2


Message 1637 of 1639 (920747)
11-14-2024 10:36 AM
Reply to: Message 1636 by Phat
11-14-2024 9:11 AM


Re: Kicking Coyote Out Of The White House
quote:
This is a bi-partisan issue. The debt goes up *whoever* is in charge
It tends to be worse with Republicans in charge. More importantly the Democrats don’t have the obsession with cutting taxes.
quote:
The lie that many of you tell yourselves is that we can grow our way out of debt. At 35 trillion plus, the math does *not* support your assumptions.
I think you’ll find that’s a Republican “lie” - one of their “justifications” for cutting taxes. “Trickle-down” is another.

This message is a reply to:
 Message 1636 by Phat, posted 11-14-2024 9:11 AM Phat has not replied

  
Percy
Member
Posts: 22929
From: New Hampshire
Joined: 12-23-2000
Member Rating: 7.2


Message 1638 of 1639 (920748)
11-14-2024 11:19 AM
Reply to: Message 1636 by Phat
11-14-2024 9:11 AM


Re: Kicking Coyote Out Of The White House
Phat writes in Message 1636:
The lie that many of you tell yourselves is that we can grow our way out of debt. At 35 trillion plus, the math does *not* support your assumptions.
Show your math.
--Percy

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 Message 1636 by Phat, posted 11-14-2024 9:11 AM Phat has not replied

  
Taq
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Posts: 10295
Joined: 03-06-2009
Member Rating: 7.4


Message 1639 of 1639 (920749)
11-14-2024 11:46 AM
Reply to: Message 1636 by Phat
11-14-2024 9:11 AM


Re: Kicking Coyote Out Of The White House
Phat writes:
The lie that many of you tell yourselves is that we can grow our way out of debt.
The truth is that debt is something that governments can manage as long as the debt doesn't get too high. The only question is how high is too high. You are always talking up the BRICS nations, but China's government debt is about 3 times what the US debt is in terms of percentage of GDP.

This message is a reply to:
 Message 1636 by Phat, posted 11-14-2024 9:11 AM Phat has seen this message but not replied

  
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