End the 'Debt Ceiling......Yesterday

[Mas-sa-suta]

The debt ceiling is a dysfunctional relic that should be jettisoned TODAY.
It does nothing to limit spending. It's only result is to bring about chaos. It does nothing to reduce spending, does not reduce the deficit and does not encourage fiscal responsibility. Rather, it creates economic chaos, political brinkmanship and damages American credibility. It routinely fails to prevent the excesses it pretends to remedy. It is little more than a political cudgel, a stage for partisan theatrics.

 

[twenty02]

The debt ceiling is a dysfunctional relic that should be jettisoned TODAY.
It does nothing to limit spending. It's only result is to bring about chaos. It does nothing to reduce spending, does not reduce the deficit and does not encourage fiscal responsibility. Rather, it creates economic chaos, political brinkmanship and damages American credibility. It routinely fails to prevent the excesses it pretends to remedy. It is little more than a political cudgel, a stage for partisan theatrics.

Great goose stepping. Your form is impeccable.

 

[Joe_Hoopsier]

The debt ceiling is a dysfunctional relic that should be jettisoned TODAY.
It does nothing to limit spending. It's only result is to bring about chaos. It does nothing to reduce spending, does not reduce the deficit and does not encourage fiscal responsibility. Rather, it creates economic chaos, political brinkmanship and damages American credibility. It routinely fails to prevent the excesses it pretends to remedy. It is little more than a political cudgel, a stage for partisan theatrics.

The way DC works, they will fix this problem by simply renaming it. Temporary Debit Target ?? Adjustable Debit Goal?? The "Movable Debit Goal Post"?

 

[Aloha Hoosier]

Great goose stepping. Your form is impeccable.

Amazingly, or maybe not so amazingly, there seems to be no awareness that it’s the MAGA Republicans who have threatened to shut down the government rather than increase the debt limit. They actually did it in 2018. Now Trump wants to get rid of it and the most loyal sycophants jump to attention, salute, and flip their positions (if they even remember them).

 

[The Original Happy Goat]

Amazingly, or maybe not so amazingly, there seems to be no awareness that it’s the MAGA Republicans who have threatened to shut down the government rather than increase the debt limit. They actually did it in 2018. Now Trump wants to get rid of it and the most loyal sycophants jump to attention, salute, and flip their positions (if they even remember them).

Everyone wonders why we dare call it a cult. Threads like this prove our case.

 

[Mas-sa-suta]

The way DC works, they will fix this problem by simply renaming it. Temporary Debit Target ?? Adjustable Debit Goal?? The "Movable Debit Goal Post"?

Yes. We have a debt ceiling, yet somehow the country is $36 Trillion in debt. The reach-arounds, in their finest faux-terror pearl clutching personae, are bleating about the impending 'government shutdown'..

Where's the catastrophe in that?
A few days without mewling non-essential bureaucrats, or continuing to shove $Trillions of borrowed dollars into the maw of a bloated federal behemoth, laden with needless pork projects and graft?
I'll take the shutdown any time.

 

[Mas-sa-suta]

Everyone wonders why we dare call it a cult. Threads like this prove our case.

You have no case, and you two need to get a room.

 

[Lucy01]

Glad to see Hakeem got it right!

 

[Spartans9312]

Amazingly, or maybe not so amazingly, there seems to be no awareness that it’s the MAGA Republicans who have threatened to shut down the government rather than increase the debt limit. They actually did it in 2018. Now Trump wants to get rid of it and the most loyal sycophants jump to attention, salute, and flip their positions (if they even remember them).

You’re going to see the same thing when the House pubs advocate for longstanding Dem policies. The Dems will vote against them

 

[twenty02]

You’re going to see the same thing when the House pubs advocate for longstanding Dem policies. The Dems will vote against them

Steve Bannon wants to go after the wealthy and corporations to raise more tax revenue. How long until we start seeing Republicans in Congress arguing for higher taxes:

Now, of the four and half trillion dollars in revenue we get, how much is from corporate taxes? Only $500 billion. Since 2008, $200 billion has gone into stock repurchases. If that had gone into plants and equipment, think what that would have done for the country. I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’ taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy. And when they start squealing, we have a conversation. We’re all partners in this, everybody’s going to take a little pain, but the working people are going to take less pain than you guys.

This is the last days of the long con. The first six months of the second term is going to be politics like you’ve never seen before.

‘We have to increase taxes on the wealthy’: Steve Bannon | Semafor

Steve Bannon talks about populism, the Trump agenda, and which Republicans need to lose.

www.semafor.com

 

[Spartans9312]

Steve Bannon wants to go after the wealthy and corporations to raise more tax revenue. How long until we start seeing Republicans in Congress arguing for higher taxes:

Now, of the four and half trillion dollars in revenue we get, how much is from corporate taxes? Only $500 billion. Since 2008, $200 billion has gone into stock repurchases. If that had gone into plants and equipment, think what that would have done for the country. I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’ taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy. And when they start squealing, we have a conversation. We’re all partners in this, everybody’s going to take a little pain, but the working people are going to take less pain than you guys.

This is the last days of the long con. The first six months of the second term is going to be politics like you’ve never seen before.

‘We have to increase taxes on the wealthy’: Steve Bannon | Semafor

Steve Bannon talks about populism, the Trump agenda, and which Republicans need to lose.

www.semafor.com

Yep…we live in interesting times

 

[The Original Happy Goat]

You’re going to see the same thing when the House pubs advocate for longstanding Dem policies. The Dems will vote against them

Sadly, you're right, but a lot of this is just standard partisan hackery. But suddenly out of nowhere realizing the debt ceiling is horrible for only the reason that Trump says so? That's not hackery. It's sycophancy.

 

[hookyIU1990]

Yep…we live in interesting times

I can't wait to see the clips of Sean Hannity explaining why we need to raise taxes on the wealthy and corps, while Rachel Maddow says it will send us into a recession by killing incentives.

 

[Spartans9312]

Sadly, you're right, but a lot of this is just standard partisan hackery. But suddenly out of nowhere realizing the debt ceiling is horrible for only the reason that Trump says so? That's not hackery. It's sycophancy.

Trump should double down on industrial investment…make the Democrats vote against it.

 

[snarlcakes]

The debt ceiling is a dysfunctional relic that should be jettisoned TODAY.
It does nothing to limit spending. It's only result is to bring about chaos. It does nothing to reduce spending, does not reduce the deficit and does not encourage fiscal responsibility. Rather, it creates economic chaos, political brinkmanship and damages American credibility. It routinely fails to prevent the excesses it pretends to remedy. It is little more than a political cudgel, a stage for partisan theatrics.

I think it’s essentially useless as this point because the GOP hasn’t been fiscal conservatives for 20+ years now and fold every time. To be fair 90% of the people who vote for them aren’t either. And liberals are worthless socialist tits on almost everything. However, I’d prefer keeping it so I can b#tch occasionally about our deficits and at the GOP.

 

[The Original Happy Goat]

I think it’s essentially useless as this point because the GOP hasn’t been fiscal conservatives for 20+ years now and fold every time. To be 90% of the people who vote for them aren’t either. And liberals are worthless socialist tits on almost everything. However, I’d prefer keeping it so I can b#tch occasionally about our deficits and at the GOP.

The debt ceiling isn't a meaningful fiscal tool. It doesn't limit spending at all. All it amounts to is a self-imposed political torture device Congress masochistically saddled itself with.

 

[Marvin the Martian]

The debt ceiling isn't a meaningful fiscal tool. It doesn't limit spending at all. All it amounts to is a self-imposed political torture device Congress masochistically saddled itself with.

It is a self-destruct button that should be eliminated. Over the years, people on the far right have begged for the opportunity to press it. Now they fear some may press it under Trump's watch.

It needs removed. The children we elect should not be allowed near anything as dangerous.

 

[Mas-sa-suta]

It is a self-destruct button that should be eliminated. Over the years, people on the far right have begged for the opportunity to press it. Now they fear some may press it under Trump's watch.

It needs removed. The children we elect should not be allowed near anything as dangerous.

Guess you're in a cult now Marv...

 

[The Original Happy Goat]

Guess you're in a cult now Marv...

Marv came to this opinion on his own a while ago. You came to this opinion yesterday when your Lord and Savior Donald Trump told you to come to this opinion.

Only one of you is in a cult.

 

[Digressions]

Steve Bannon wants to go after the wealthy and corporations to raise more tax revenue. How long until we start seeing Republicans in Congress arguing for higher taxes:

Now, of the four and half trillion dollars in revenue we get, how much is from corporate taxes? Only $500 billion. Since 2008, $200 billion has gone into stock repurchases. If that had gone into plants and equipment, think what that would have done for the country. I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’ taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy. And when they start squealing, we have a conversation. We’re all partners in this, everybody’s going to take a little pain, but the working people are going to take less pain than you guys.

This is the last days of the long con. The first six months of the second term is going to be politics like you’ve never seen before.

‘We have to increase taxes on the wealthy’: Steve Bannon | Semafor

Steve Bannon talks about populism, the Trump agenda, and which Republicans need to lose.

www.semafor.com

Now, if we can get them to address healthcare costs across the board, we'd be on the right path. We just need to move slow- but in the right directions- on all fronts. We don't need 60% tariffs, 90% top marginal rates, or CPI -8 price controls in healthcare. We need modest changes. It took 45 years to get to this point.

Edit to add: Politically, I find it fascinating that he quotes Gore Vidal. And to that point/quote, Washington and the economy changed dramatically in 1980. It took a while for the Democrat Party to catch up and turn to the upper class/ corporate ruling class, but they did. And the reason they did is because the old guard couldn't win elections. There are plenty of people on this board that need to be taught/ remember that fact.

 

[Mas-sa-suta]

Marv came to this opinion on his own a while ago. You came to this opinion yesterday when your Lord and Savior Donald Trump told you to come to this opinion.

Only one of you is in a cult.

You're a lying piece of shit.
Any number of sources, such as one I mentioned on this board a few days ago have made this point.
Go back to jerking off your little buddy, the adults are speaking.

 

[Aloha Hoosier]

You're a lying piece of shit.
Any number of sources, such as one I mentioned on this board a few days ago have made this point.
Go back to jerking off your little buddy, the adults are speaking.

Do you honestly think that anyone believes you?

 

[The Original Happy Goat]

Do you honestly think that anyone believes you?

He believes himself. That's all he needs.

 

[jet812]

Sadly, you're right, but a lot of this is just standard partisan hackery. But suddenly out of nowhere realizing the debt ceiling is horrible for only the reason that Trump says so? That's not hackery. It's sycophancy.

Shame on these people for learning something or being open to changing policy & such based on conditions rather than rigid silos you want them to stay inside. You’re really on to something here goat.

 

[jet812]

Do you honestly think that anyone believes you?

Probably the same # of people that believe your IQ is above 100…

 

[The Original Happy Goat]

Shame on these people for learning something or being open to changing policy & such based on conditions rather than rigid silos you want them to stay inside. You’re really on to something here goat.

They aren't learning. They are just following.

 

[Marvin the Martian]

They aren't learning. They are just following.

I sure would be curious what new information, other than Trump wants it removed, came to light since the last dozen times we discussed the ceiling.

Trump has the same possible solution Biden had, mint a $100 trillion coin and be done with it for several years.

 

[Aloha Hoosier]

Probably the same # of people that believe your IQ is above 100…

What have I done to you to turn you into an ankle biting ass? Is it entirely because I think Trump is unfit to be President?

Lame insult, by the way.

 

[Aloha Hoosier]

They aren't learning. They are just following.

100 percent. It’s not even surprising that some now deny their history of cheering on a shutdown rather than increasing the debt limit.

 

[Spartans9312]

They aren't learning. They are just following.

Who’s they?

 

[Mas-sa-suta]

Probably the same # of people that believe your IQ is above 100…

smol....