Rubio is Coming

ETcallhome said:
don't even worry about it. That is a long way off and only occurs when almost the entire revenue goes to paying the interest on the debt. It's just like the Monopoly game. At that point the bank owns everything.
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The sophisticated will be in hard assets in advance while the middle class with money in the bank gets scalped.
 
ipatent said:
The sophisticated will be in hard assets in advance while the middle class with money in the bank gets scalped.
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the middle class now has no money anywhere other than their 401k. Where are you from man? No American has "money in the bank". I try to be nice to you, but it is obvious you know nothing of American politics or our economy other than what you read or or see on tv. Our sophisticated are just as wrong as our uneducated. It's a free country over here. Even our poorest citizens live better than 90% of the rest of the world. We just bitch for entertainment.
 
Ricter said:
Really? He plans to run such a large budget surplus that government could continue to function in any crisis, without selling bonds to willing American citizen buyers?
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Don't you know? He's the Chuck Norris of politics. Not to mention economics, and whatever else pops into his mind.
 
a lefty concerned about the budget only happens when you talk about eliminating taxes.
they don't even realize income taxes are about control and prevention of competion for the cronies -- not govt revenue the way the current system is run.

Frederick Foresight said:
Well, if that doesn't eliminate the national debt then nothing will.
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Ricter said:
Marco Rubio's budget math is ridiculous
"Rubio has proposed a tax cut that will reduce federal revenue by $6.8 trillion over 10 years. Numbers that large don't mean anything to people, so for comparison's sake let's say that if we entirely eliminated American military spending over that period we still couldn't quite pay for it.

"But of course Rubio doesn't want to eliminate military spending — he wants to spend more. He also promises to avoid any cuts to Social Security and Medicare for people currently at or near retirement. For good measure, he is also proposing a balanced-budget amendment to the Constitution. You could eliminate the entire non-defense discretionary budget and you'd still need $100 billion to $200 billion more per year in cuts to make this work.

"This is, of course, totally unworkable. And the process that led Rubio to this point is telling and troubling.

"Rubio entered the Senate at a time when an intellectual movement known as "reform" was hot in conservative circles, which argued that Republicans should concentrate less on supply-side tax cuts and more on tax policy focused on the working class. This originally took the form of a $2.4 trillion tax cut plan crafted by Utah Sen. Mike Lee that Rubio signed on to but then kept transforming into a larger and more regressive tax cut, as Rubio came under pressure from the supply-side wing of the party and it became clear that the constituency for "reform" conservatism was limited to a handful of media figures. Eager to prove that his dalliance with the reformocons was over, he actually ended up proposing to entirely eliminate taxes on investment income, meaning that billionaire captains of industry could end up paying nothing at all.

"The upshot is a plan that is costly and regressive, yet paired with other commitments around entitlements, military spending, and constitutional amendments that make it completely impossible.

"Trump's tax plan is even costlier than Rubio's by most measures. But in his defense, he barely ever talks about it and hasn't compounded the cost problem with a balanced-budget amendment or a firm commitment to enormous quantities of new military spending."

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Dude, you are a Bernie Sanders supporter and you are criticizing someone else's budget math. Is this meant as a joke?
 
ETcallhome said:
Losers endorse Rubio?
What ever happened to that guy who dropped out and endorsed Bush? I saw him smiling behind the withdrawal speech. Oh yeah, Lindsey Graham. "I tried to run and failed, so I endorse Jeb Bush."
Mitt Romney: I didn't have a clue in 2012, so I am endorsing Rubio in 2016.

That carries a lot of weight. I'm on pin cushions waiting for Sarah Palins endoresement.

If I was Hillary I would devote 75% of my budget to Rubio. Talk about fresh meat.
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You are Cruz supporter who has 0 endorsements.

You are waiting for Sarah Palin's endorsement? That statement would be funny if it wasnt so stupid. Are you a dunce in real life or do you just pretend to be one on the internet?
 
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