US is doing better now not worst! ET trolls, too bad, you lose!

[wartrace]

MMT is the theory that government deficits are our benefits. Good luck with it.

Time will tell if that "Theory" is correct or not. The problem I have with monetizing debt is the "benefit" you claim is eventually going to trigger a new crisis. All the democrat nitwits are looking at taxing traders to solve the problems and THAT is what has me concerned. If the forecasted deficit spending holds true we're screwed eventually. How much debt can the government take on? 2x GDP? 3x GDP? Another problem is servicing the debt. Debt service is already the fourth largest line item for federal spending; god help us if rate go back up.
https://www.crfb.org/papers/updating-us-budget-outlook

 

[destriero]

Time will tell if that "Theory" is correct or not. The problem I have with monetizing debt is the "benefit" you claim is eventually going to trigger a new crisis. All the democrat nitwits are looking at taxing traders to solve the problems and THAT is what has me concerned. If the forecasted deficit spending holds true we're screwed eventually. How much debt can the government take on? 2x GDP? 3x GDP? Another problem is servicing the debt. Debt service is already the fourth largest line item for federal spending; god help us if rate go back up.
https://www.crfb.org/papers/updating-us-budget-outlook

Only Bernie has mentioned a trading tax and it is why I would abstain in the General if he is the nominee. Anyone who would espouse such a policy has no business being President.

 

[wartrace]

Only Bernie has mentioned a trading tax and it is why I would abstain in the General if he is the nominee. Anyone who would espouse such a policy has no business being President.

Warren has also proposed it.

 

[richDude]

Umm, inheriting $800MM in Bronx and other RE throughout the boroughs? He's been officially partnered with his father since 1972. The dude is worth $1.5B, tops. THIS after shielding assets over five (more?) bankruptcies.

you are making shit up just so that you can believe it yourself lolol.

 

[destriero]

Warren has also proposed it.

No, a tax on billionaires.

 

[notagain]

A normal, non sociopathic person doesn't "imagine future torment" for more than half of America with anything but profound sadness. I certainly don't "imagine your future torment" or of those like you if the candidate you support loses the election, to the contrary I hope for a world where I'm able to converse with those I disagree with in a respectful and honest manner and literally spent 20 years of my life working to prevent and alleviate any "torment" on the part of any Americans no matter if I agreed with their political views or not!
So, are you saddened by this "future torment" you merely are "observing" and are you actively working to avoid it? Because anything else isn't "just observing" if you're honest with yourself. I'm honestly asking you to stop and think, is your primary goal hurting or helping those you disagree with. If it's not helping, then again, stop and honestly think about what that says about your position?

Democrats are a strange blend of compassion and corruption. Electing Trump was an act of desperation. If you want to win you know what to do, or is there something else going on.

 

[Sig]

Democrats are a strange blend of compassion and corruption. Electing Trump was an act of desperation. If you want to win you know what to do, or is there something else going on.

I honestly have no idea what you're trying to convey, but I'll be satisfied that you've at least considered the concept that we're all Americans and there's no good in hoping for bad things for people just because we don't agree with them politically. Thanks for listening.

 

[wartrace]

No, a tax on billionaires.

https://taxfoundation.org/elizabeth-warren-medicare-for-all-tax-proposals/
Scroll down to the "other reforms" section. She has proposed a trading tax.

I could live with a small 1 dollar each way (2 dollar round trip) tax per futures contract. Since the proposal is vague (they always are) it's hard to tell what she's proposing.

 

[ElCubano]

you are so hopeless. how does one accumulate many billions of $$ net worth if he keeps losing money.

By having others absorb the loss.

 

[smallfil]

So much bullshit in one post.

You ASSume quite a bit and the result is you are making an ass out of yourself.


So you didn't see the part where I said I voted libertarian? If I were a liberal wouldn't I have voted Clinton?

Where was I when Obama ran up the deficit? I was sitting at home pissed off at Obama. You make the ASSumption I was ok with it?

Tell me why we need to continue trillion dollar deficits if the economy is so great? Why did we have to lower the fed funds rate recently?

You reek of stupidity. I HATE useful idiots of either political crime family.

Yeah, because trillion dollar deficits vanish out of thin air? As for what the Federal Reserve does on its own, ask them that question. Only stupid is you. If trillion dollar deficits are bad, it should be equally bad whether the US President is Republican or Democrat. You cannot have it both ways. As for liberals not voting for Hillary Clinton, I have liberal friends who actually voted for President Donald Trump so what does that prove? Did they become Conservative or Republican?