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The GQP wants to pretend that everything was JUST FINE when they raised the ceiling for Trump, who spent like a drunken sailor, increased the debt by 40% and BEGGED the Fed to INCREASE quantitative easing.
But RIGHT AFTER HE LEFT, oh, THAT'S when this all became a BIG FUCKING CRISIS.
Politics poisons everything.
It's not name-calling when that's precisely what the person is doing.Name calling, that will get them.
You must have been head of the debate team...
We could begin by sealing the border with mexico and ending the flood of illegals that biden is allowing into the countryRight told this before:
US credit rating is evaluated on their ability to pay... This is done generally by the Debt to GDP ratio....
All the shouts here for stop Debt ceiling raise or cut services drastically cut GDP... Massive drops that would shake confidence in the economy that will cause a generation of slow growth...
This will make the Debt to GDP ratio go higher, this will increase interest rates (dramatically).
It will also cripple the tax revenue coming in, which is used to service the debt.
So in the end they would do great harm to the US Economy...
The Debt Ceiling needs to be increased and should not be used by either side as a negotiating tactic, it is like dealing with a terrorist with suicide vest, willing to blow up everything to get what he wants...
US has a long history of not negotiating with terrorists...
If we default your SSI and SSD will stop! This means the republicans will have taken away your ability to pay the rent, pay the electric bill and to buy food. These pieces of treasonous crap will put millions of people onto street corners, evicted and without. People that can't work, people that are old, people in wheel chairs, and people with mental disabilities. How evil can this party be? These people even if Biden accepts their evil bill will see their ssi and ssd go back to 2022 levels which are about 8 to 10% less and would make life a lot harder on these same people. Old joe that lives in the villages of Florida that needs to pay the rent and has worked for 50 freaking years is looking down his choice because he voted republican stupidly thinking that they gave a damn about him! Cold reality is going to hit him in the face when he is out on his ass.
I’m sure biden is willing to offer spending cuts tomorrow for more borrowing todayBiden: We need to raise the debt ceiling to cover all the money my party wasted on shit.
McCarthy: We're willing to do that, but you have to agree to spending cuts.
Biden: No, I get the ceiling lifted and you get nothing!
Jessica: How can those Republicans be so evil?
True, why did they never cut spending when the GOP was in control under Trump?
I know. You're "at war". That's what you're told. People who dare to disagree with you are the "enemy" who must be "destroyed".If libs are not destroyed, there is nothing.
And for those of you newbies that don't know me. I'm a centrist.
Fuck you, stupid libtard.This is incredible to watch. They've become nihilists. Nothing matters, just attack the libs.
US has a long history of not negotiating with terrorists...Why not cut spending?
Biden has actually cut spending...Screw you, Democrats need to come o the table and present anything, they refuse like children holding their breath, and stomping their feet. We need to cut spending by the bloated Government. You can kick and scream all you want, you are not conservative in any way, nor do I believe any of your shtick about your positions. You say you are for limited Government and then absolutely support the Democrats spending
So in your demented world of lib wackoism responsible spending amounts to terrorism?US has a long history of not negotiating with terrorists...
Repubs are willing to agree to a compromiseUS has a long history of not negotiating with terrorists...
The Budget is where spending is discussed...
GOP just want to drastically harm the economy for all if they don't get their way, this is a threat and they think Democrats will stop them...
Biden(even if you don't like him) is doing right here... He is calling their bluff..
That’s the default scare monger and has been for many years, what’s next, failing to get the shot will kill granny?If we default your SSI and SSD will stop! This means the republicans will have taken away your ability to pay the rent, pay the electric bill and to buy food. These pieces of treasonous crap will put millions of people onto street corners, evicted and without. People that can't work, people that are old, people in wheel chairs, and people with mental disabilities. How evil can this party be? These people even if Biden accepts their evil bill will see their ssi and ssd go back to 2022 levels which are about 8 to 10% less and would make life a lot harder on these same people. Old joe that lives in the villages of Florida that needs to pay the rent and has worked for 50 freaking years is looking down his choice because he voted republican stupidly thinking that they gave a damn about him! Cold reality is going to hit him in the face when he is out on his ass.
Yes no more free employment and stimulusBiden has actually cut spending...
View attachment 784497
He has also increased Revenue as well... IT was the previous administration that was out of control who increased the deficit...
This hurts GOP, this show Democratic leadership works and they need to sabotage that quickly... Your hatred for Democrats has you blinded from facts that Democrats are far more fiscally responsibly than Republicans...
Now read this carefully this time.
Right told this before:
US credit rating is evaluated on their ability to pay... This is done generally by the Debt to GDP ratio....
All the shouts here for stop Debt ceiling raise or cut services drastically cut GDP... Massive drops that would shake confidence in the economy that will cause a generation of slow growth...
This will make the Debt to GDP ratio go higher, this will increase interest rates (dramatically).
It will also cripple the tax revenue coming in, which is used to service the debt.
So in the end they would do great harm to the US Economy...
The Debt Ceiling needs to be increased and should not be used by either side as a negotiating tactic, it is like dealing with a terrorist with suicide vest, willing to blow up everything to get what he wants...
US has a long history of not negotiating with terrorists...
So the question is :
Why are you trying to back the people(GOP) who have history of increasing deficits over the people(Dems) right now who are cutting them?
Please get away from your right wing media emotional comfort blanket and engage in facts.
Biden has actually cut spending...
www.factcheck.org
If we default your SSI and SSD will stop! This means the republicans will have taken away your ability to pay the rent, pay the electric bill and to buy food. These pieces of treasonous crap will put millions of people onto street corners, evicted and without. People that can't work, people that are old, people in wheel chairs, and people with mental disabilities. How evil can this party be? These people even if Biden accepts their evil bill will see their ssi and ssd go back to 2022 levels which are about 8 to 10% less and would make life a lot harder on these same people. Old joe that lives in the villages of Florida that needs to pay the rent and has worked for 50 freaking years is looking down his choice because he voted republican stupidly thinking that they gave a damn about him! Cold reality is going to hit him in the face when he is out on his ass.
The Federal government still has the same income, about $4.5T coming in.
That is 29% short of the bills to pay.
So Yellen needs to prioritize who gets paid and who needs to wait.
Interest on the debt gets paid first.
Everything else gets paid 70%, simple.
www.cfr.org
No it won'tIf we default your SSI and SSD will stop!
