We have a "tentative" 2-year Debt Limit deal!! So who won and who lost? (Poll)

[kyzr]

I’m thrilled with the work requirements. It’s a win-win: it helps the people who are being enabled not to work start doing something toward their own support, and of course it helps the tax-paying workers who have to fund the welfare recipients.

I have a jaundiced eye when pols put stipulations on something with no real enforcement mechanism.
In democrat states who thinks that those work requirements will be strictly enforced?

 

[kyzr]

Yeah, it is important to make sure that eight year old gets a job.

18-55 dumbass

 

[Harpy Eagle]

Yeah, it is important to make sure that eight year old gets a job.

They are not included in the work requirement.

 

[Lisa558]

I have a jaundiced eye when pols put stipulations on something with no real enforcement mechanism.
In democrat states who thinks that those work requirements will be strictly enforced?

Well, a girl can dream….but you make a valid point. The Dem states are determined to keep people out of the workforce.

 

[Cellblock2429]

I can find the 2022 Budget numbers: Revenue $4.9T and Spending $6.3T so the Deficit was $1.4T

For reference, the 2021 Budget numbers: Revenue $3.9T and Spending $4.9T with a Deficit of $1.0T

I can't find the 2023 Budget final numbers!! The 2023 Budget are the bullshit numbers the Debt Limit raise are based on.

Looks to me that the Republicans caved. I'm betting that the votes are not there to pass the deal.

View attachment 789427

2022 United States federal budget - Wikipedia

en.wikipedia.org

/----/ I've heard more than one "expert" say we should tie the US dollar to a rare metal like palladium or another such rare metal. Mint four coins, put them in Fort Knox, and declare their value at 10 trillion US dollars. Use them to pay off the debt with something left over. Problem solved.
Palladium is found in similar mineral settings as other PGMs. Most palladium is used for catalytic converters, but other uses include jewelry, dentistry, and surgical instruments. Palladium is also an exchange traded metal (along with platinum, gold and silver) A palladium coin produced by the Royal Canadian Mint. Palladium is an exchange traded metal, and these coins are sought after by collectors and speculators.

 

[JWBooth]

GOPers

 

[JWBooth]

Yeah by your logic the military industrial complex is the "winner"

Has been since 1942.

 

[Blaster]

The grifting politicians won. The American taxpayers lost...

This is nothing new. Our two party system has become obsolete and politicians continue to line their pockets.

 

[wamose]

The whole damn process isn't about fixing our irresponsible spending habits. It's about doing the same bullshit, enriching themselves, and delaying the day of reconning as long as possible.

 

[Blues Man]

Republicans will still Fuk it up

Then the democrats will compound that fuck up
Then the republican will see that fuck up and raise you another fuck up.

You people keep voting for the same people who fuck everything up with the futile hopes that the very same people will unfuck everything they fucked up in the first place.

 

[Blues Man]

This whole thing was just more predicable political theater. Everyone knew they'd come to some agreement at the last minute after they made sure they got the public all riled up and scared shitless so they can crow "The government saved you again"

 

[kyzr]

/----/ I've heard more than one "expert" say we should tie the US dollar to a rare metal like palladium or another such rare metal. Mint four coins, put them in Fort Knox, and declare their value at 10 trillion US dollars. Use them to pay off the debt with something left over. Problem solved.
Palladium is found in similar mineral settings as other PGMs. Most palladium is used for catalytic converters, but other uses include jewelry, dentistry, and surgical instruments. Palladium is also an exchange traded metal (along with platinum, gold and silver) A palladium coin produced by the Royal Canadian Mint. Palladium is an exchange traded metal, and these coins are sought after by collectors and speculators.

Gimmicks never work. No one would by US bonds. They would be worthless. You can't pay $1,000,000,000,000 a year interest with a few coins.
The 14th Amendment wouldn't work either.

 

[Cellblock2429]

Gimmicks never work. No one would by US bonds. They would be worthless. You can't pay $1,000,000,000,000 a year interest with a few coins.
The 14th Amendment wouldn't work either.

/---/ We were better off with the gold standard. This was just an idea I heard.

 

[kyzr]

This whole thing was just more predicable political theater. Everyone knew they'd come to some agreement at the last minute after they made sure they got the public all riled up and scared shitless so they can crow "The government saved you again"

The "deal" still needs to be passed by both the House and the Senate. I put the odds at 50-50. Both parties would have to swallow hard to vote yes.

 

[Blues Man]

The "deal" still needs to be passed by both the House and the Senate. I put the odds at 50-50. Both parties would have to swallow hard to vote yes.

Which is just the last act in this episode of political theater

 

[kyzr]

/---/ We were better off with the gold standard. This was just an idea I heard.

IMHO a Balanced Budget Amendment is the best solution.
My fix would be to add a 4% Federal sales tax for 10-years to see if that would get a small surplus to start paying the $32T Debt down.

 

[iamwhatiseem]

Republicans will still Fuk it up

Fuck what up specifically?
So you are one of those people who think the most important thing is to keep bloating the system?
Surely at your age, and the experience that comes with it, you realize they were never going to not make a deal.
They have been screaming about defaulting on debts for decades to get attention and continue the game of doing whatever it takes to keep the corporations/financial system happy.

 

[Blaster]

Well, a girl can dream….but you make a valid point. The Dem states are determined to keep people out of the workforce.

More people dependent on government gives Democrats an orgasm.

 

[1srelluc]

So is that near $8.00 a pound O-M Beef Bologna I bought the other day going to be any cheaper?

 

[initforme]

No cuts to medicaid Medicare and social security. That's good news.