National Debt

[Hurricanelover]

8 trillion was caused by Donald Trump and his fucking tax breaks for the super rich! Time to get rid of the fucking tax break so we can finally have sane fiscal policy. It should never fall on the poor or the helpless.

 

[TNHarley]

8 trillion was caused by Donald Trump and his fucking tax breaks for the super rich! Time to get rid of the fucking tax break so we can finally have sane fiscal policy. It should never fall on the poor or the helpless.

8 trillion in tax breaks?
Is any part of your life based on reality?

 

[P F Tinmore]

If you create your own money there is no debt, there is no default.

 

[P F Tinmore]

The constitution gives congress the authority to create our own money. This is at no cost. There is no money to pay back and no interest to pay.

So then, why do we borrow money to be repaid with interest?

Anybody?

BTW, inflation doesn't care where you get the money.

 

[KissMy]

 

[Blues Man]

 

[LAUGHatLEFTISTS]

What do you think our currency would be worth if Congress had printed $32 trillion?

This is exactly why we do not want their hands on the money printing press.

All you do is support the programs that cause more money to be printed.

 

[LAUGHatLEFTISTS]

8 trillion was caused by Donald Trump and his fucking tax breaks for the super rich! Time to get rid of the fucking tax break so we can finally have sane fiscal policy. It should never fall on the poor or the helpless.

You’re as clueless about economics as you are your gender.

 

[LAUGHatLEFTISTS]

If you create your own money there is no debt, there is no default.

The federal government only has one source of income an thats taxpayers. It’s taxpayer debt. It’s not just money in the air floating around.

 

[CowboyTed]

The constitution gives congress the authority to create our own money. This is at no cost. There is no money to pay back and no interest to pay.

So then, why do we borrow money to be repaid with interest?

What do we think inflation would be if the US just printed money for lax financial management.

Then the US dollar would have no confidence in it... Then every country would be dumping it like a bad smell...

US dollar would then exposed to hyperinflation.

 

[CowboyTed]

I just want to add, this was the great economist AOCs plan to help pay for her green new deal

Like every other country is doing it...

It really helps when you don't spend over a trillion in a hell hole in the ME to secure Oil...
Oil is subsidised with these wars..

Renewable Energy is now cheaper than Fossil Fuels...

Renewables Were The World’s Cheapest Energy Source in 2020 | World Economic Forum

Oh Fuck... So countries who are invested in Renewables are doing better...
Another loss in the GOP economic plan...

Chancellor extends energy windfall tax to ‘low carbon’ generators

Jeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two years

www.theguardian.com

 

[P F Tinmore]

The federal government only has one source of income an thats taxpayers. It’s taxpayer debt. It’s not just money in the air floating around.

Interesting. Where do taxpayers get their money? It comes from government spending. If the government did not spend any money, none of us would have any.

But the question still remains, should the government create its own money at no cost, or borrow it to be repaid with interest?

 

[P F Tinmore]

What do we think inflation would be if the US just printed money for lax financial management.

Then the US dollar would have no confidence in it... Then every country would be dumping it like a bad smell...

US dollar would then exposed to hyperinflation.

What do we think inflation would be if the US just printed money for lax financial management.

Raising the debt limit means printing more money.

You don't make any sense.

 

[LAUGHatLEFTISTS]

Interesting. Where do taxpayers get their money? It comes from government spending. If the government did not spend any money, none of us would have any.

But the question still remains, should the government create its own money at no cost, or borrow it to be repaid with interest?

Please don’t procreate, vote or drive.

 

[P F Tinmore]

 

[LAUGHatLEFTISTS]

Like every other country is doing it...

It really helps when you don't spend over a trillion in a hell hole in the ME to secure Oil...
Oil is subsidised with these wars..

Renewable Energy is now cheaper than Fossil Fuels...

Renewables Were The World’s Cheapest Energy Source in 2020 | World Economic Forum

Oh Fuck... So countries who are invested in Renewables are doing better...
Another loss in the GOP economic plan...

Chancellor extends energy windfall tax to ‘low carbon’ generators

Jeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two years

www.theguardian.com

Stay off the kook sites.

 

[CowboyTed]

Raising the debt limit means printing more money.

You don't make any sense.

The Debt Limit (i think you mean ceiling) stops the government printing money.

Dollar Scholar Asks: Why Can't the Government Just Print More Money?

Seems like an easy fix to the debt ceiling problem.

money.com

 

[CowboyTed]

Stay off the kook sites.

This is fact not Fox News...

Renewables are cheaper.
I am really sorry that the real world doesn't conform to the bullshit you have been fed. I think this might be a real inconvenient.

Why did renewables become so cheap so fast?

In most places power from new renewables is now cheaper than new fossil fuels.

ourworldindata.org

Renewables: Cheapest form of power | United Nations

Renewables are the cheapest form of power today confirms a new report from the International Renewable Energy Agency. Amid climbing fossil fuel prices, investments in renewables in 2021 saves US$55 billion in global energy generation costs in 2022. Learn more

www.un.org

You have no evidence, ever wonder why?

 

[LAUGHatLEFTISTS]

This is fact not Fox News...

Renewables are cheaper.
I am really sorry that the real world doesn't conform to the bullshit you have been fed. I think this might be a real inconvenient.

Why did renewables become so cheap so fast?

In most places power from new renewables is now cheaper than new fossil fuels.

ourworldindata.org

Renewables: Cheapest form of power | United Nations

Renewables are the cheapest form of power today confirms a new report from the International Renewable Energy Agency. Amid climbing fossil fuel prices, investments in renewables in 2021 saves US$55 billion in global energy generation costs in 2022. Learn more

www.un.org

You have no evidence, ever wonder why?

More kook sites. Sorry.

 

[CowboyTed]

More kook sites. Sorry.

From where you come from everyone you think if they don't agree with you they must be lying...

Fox News has just paid out $786m for lying but you will go back to them or worse sites...

What do you consider credible?