Posted on 04/29/2019 10:51:27 AM PDT by deplorableindc
If not, I can assure you you’re right.
The House has nothing to do with it. There was no interest in fiscal responsibility when the GOP held both the House and the Senate, that wouldn't change if they got the House back in 2020.
The public isn’t interested in fiscal responsibility. Some like to talk about it, but when it comes right down to it. Too many oxen & rice bowls get gored & broken to do anything meaningful. The politicians (even the conservative ones!) know that and respond accordingly.
if you can keep growing the economy and get some measure of spending control you can handle it or at least put off the reckoning another generation.
Source? Check your doctor’s bills.
Then check your Hospital bills.
Then check your property tax increase.
Then check your electric company rates.
Then check your cell phone charges.
Finally go to grocery store and see what everything costs compared to last year.
The government CPI figures are a joke for real world people trying to pay their bills.
Source? Check your doctor’s bills.
Then check your Hospital bills.
Then check your property tax increase.
Then check your electric company rates.
Then check your cell phone charges.
Finally go to grocery store and see what everything costs compared to last year.
The government CPI figures are a joke for real world people trying to pay their bills.
And I forgot the biggest inflated item...
Try to buy a house in a good neighborhood.
Most people can’t afford them.
A junk 3 BR house in Seattle is $800k.
To whom is the debt owed? The Fed I suspect is most of it. China get’s a good chunk, but who else? We could tell the Fed to shove it with one golden swipe of the pen.
> Two or three years from now, we hope to see much more IRS receipts. As those receipts go up, if spending levels out, we should see a narrowing of the deficits each year. <
Unfortunately, we’ve heard that like since forever. And it never comes to pass.
Democrats: Once the tax increase kicks in, the deficit will fall.
Republicans: Once the tax cut kicks in, the deficit will fall.
I’ve come to the conclusion that none of them believe what they’re saying. They are all lying to us.
Why don’t the market rates paid on government debt reflect your real inflation rate?
Can’t argue with that. I would hope they would, but there’s nothing anyone can do if they set their mind to over-spending.
Look, we have to try to do what we can. If they fail us, they fail us.
If we simply give up and stay home, it’s on us.
But again, if your economy is growing at 3 percent and your spending is growing by five or six or seven percent then you will never grow yourself out of your hole. Nobody is interested in spending control, not the House or the Senate or Trump or anyone other than a few individuals. Under those circumstances you are not delaying the inevitable, just making sure that when it hits then it's going to be disastrous.
...and when it all comes down there will finally be a day of reckoning. The libtards are so retarded they are trying to kill the only thing that is keeping them alive.
That is so simple to answer, I can’t believe you asked.
The obvious answer is the gov’t is flooding the monetary system with electronic money. The bank can borrow from FED at the stipulated rate, so money supply is never short. How do you think the gov’t can spend $1,000,000,000,000 every year more than they take it in with taxes?
Some people do not want the risk of buying stocks and real-estate..may be too old or have no appetite for risk. Those people get 0.1% interest from bank savings accounts and slightly more from CD’s. So the gov’t has no problem selling bonds paying 2-3%.
People who can take risks are buying stocks and real-estate. Stocks are now more over-valued than just before the 1929 market crash.
Do you think inflation is negative in some European countries which have NEGATIVE interest rates on government bonds? I hope you are not that mis-informed.
WELL IF THE CONGRESS WON’T STOP DEFICIT SPENDING HOW CAN HE?
It is not like he can shut down the government to reduce spending. Trump would be blamed for that.
I have already purchased a wheel-barrow to carry cash to the grocery store. I learned from the German experience.
Adopt the PENNY PLAN (only do 2 pennies)
Let the democraps try to explain how a 2% ACTUAL cut across the board is “draconian”.
Ummm....House of Representatives “control the purse screens”; no? The uni-party and MIC have been screwing we taxpayers for decades.
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