CardinalBacker

I actually looked into Trump’s theory on deficit spending. It was enlightening, but faulty. Let’s say I buy a highrise for a billion. I lie about its value so I can borrow the entire billion. I pay a mortgage on the place, but it’s basically an interest-only mortgage. Meaning that I don’t tackle the principal at all… or even if I am paying on the principal, it doesn’t matter because that asset (the building) will appreciate in value. When I get ready to sell the thing, it’ll be worth more than the billion that I paid initially. My only cost to own the building was the interest paid on the loan… and it was offset by rents collected. It makes sense. But he applied the same theory to the govts spending/borrowing. The only cost to borrow is the cost of the interest due on the loans… and the govt borrows at unbelievably cheap rates compared to what orgs like Trump has to pay in the open market. Why wouldn’t we just borrow? Because we don’t own anything. There is no asset to sell, and the “rents” coming in (by way of taxes) won’t cover the amount of interest that’s being charged by foreign lenders. At some point we’ll have to start selling off federal assets to investors (probabky foreign) to pay on our debts, while our two parties bicker about who should be getting more generous gifts from the treasury… Party D or Party R.

A nation can’t borrow its way into prosperity, either. The problem is this… we have a debt now that is probably insurmountable. It must be paid back. We’re not even trying, we’re just borrowing more-and nobody wants to have tough conversations because it will anger their voting base. You can’t cut taxes and create enough economic growth to pay back 36 trillion in debt… especially considering that we’re borrowing 1 out of every 3 federal dollars being spent annually. “Tax cuts! So you can keep your money!!” is a lie told for votes, period. We can’t keep it up. Because…. We’re taking in 4 trillion or so in annual tax revenue in the US. But we’re spending 6.5 trillion (borrowing 2.5). And the solution is “let’s take in less in taxes, and hopefully the government economy will grow enough to offset that loss of revenue, then some!” It hasn’t worked, doesn’t work, and never will work. For every Reagan, there has to be an HW Bush who has to be a grownup and bail us out of our childish mess created by tax cuts without spending cuts by raising taxes.

No… the argument is that “all taxation is theft.”

Anybody who says “taxation is theft” is a welfare queen by another name. These people expect to have a good life in civilized country without doing anything to support it. I’m talking about both groups… the “no taxation” people AND the handout seekers. They’re both deadbeats.

Okay… so the first step to keeping our taxes is to eliminate HANDOUTS like social security and Medicare. Still believe “taxation is theft?”

[Hidden Content] Trump calls Harris “horrible” for the way she treated Mike Pence….. And every sane person laughed at Trump in unison.

You can’t find a shred of actual evidence that proves election fraud, but you CAN find concrete examples of Trump voters harassing election workers. [Hidden Content] That’s the problem with lying about election fraud like you do. The people who “cheated” have to be the election workers, right? Lies like the ones you repeat endanger innocent volunteers who do their job during every election cycle with honesty, fairness, and dignity. It’s a shame that trump’s lies have endangered their lies.

[Hidden Content] Because people like you believe Trump’s lies.

It was two-fold. Congress forced cuts to Clinton’s big plans (like his healthcare reform ideas). We haven’t had the give and take or financial reaponsibility in Washington since. Tax cuts are a bandaid on a stab wound in our current predicament. The idea that tax cuts will fix our debt problem is as stupid as thinking that the key to getting rich is with credit card rewards programs. “The more is spend, the more I get back!!!”

Don’t worry, buddy… I don’t expect us to be pressed for space on the wagon, lol.

It’s too early to load up the bandwagon, but I might slip out to the barn later and put the battery on a charger.

We didn’t look horrible vs Silsbee at their scrimmage, either.

The Cold War is over, buddy. There aren’t any communists left. Baddog is still acting like the USSR has missiles “NINETY MILES OFF OF OUR COAST IN CUBA!!!” Baddog is still ready to go fight them dirty reds himself, lol.

You’re badly mistaken on this one. With debt service occupying 14% of our actual expenditures, we simply can’t afford fiscal policies that add to the debt. We need to cut our spending, and Trump has been unwilling or unable to even mention it. I guess my point is this… if cutting taxes is always the answer, why don’t we just eliminate them altogether and forget about things like roads, education, national defense, Medicare and social security…. We’d all be so rich, though, right? The inflation we’re experiencing now is a symptom of deficit spending brought on by Trump’s tax cuts immediately followed by the pandemic spending spree under Trump, then Biden. If you’ve ever built your own house, it’s heady… you just walk into the building supply and get what you need… you have to have it. $3k on electrical supplies? It’s a must-have. New saw-gotta have it. Then one day you close your construction loan and you have to do a complete 180- you can’t just walk into Lowe’s and drop a grand on something you want-you’re not operating on “building a house” money anymore-these are “real” dollars and you can’t just make a draw on your construction loan… you have to slam the brakes on the way you spend once the project is over. That’s what American politicians need to do. There’s too much talk about making investments when they really mean handing out cash. Tax cuts without corresponding spending cuts are just as bad for us as government handouts. And before you say “but those tax cuts generate more spending and economic growth… you know, “trickle-down”” I’d argue… what do you think people do with handouts? They spend them…. Which also spurs the economy, creates jobs, etc. When you finally realize that there’s no difference between “tax cuts” and promises of “income inequality.” It’s just politicians promising gifts from the public treasury in exchange for support. The only difference is that the cuts are justified as “letting you keep your money” to the working man vs “helping others” to the people who aren’t as fortunate. But it’s the same thing under the surface. There is no tax policy that will fix our exploding debt problem. Hiring a guy who a) has a history of being a “borrow big and file bankruptcy if it doesn’t work out” kind of successful is curious… especially if he already had the job once and his fiscal policies exploded our debt and helped caused the crippling inflation we’ve experienced. I’m a conservative. I don’t like high taxes. I like keeping the money I earn. The way we’re doing things can’t continue. Washington is wrong on both sides.

I understand one of the refs lived one town over from Channelview.

Republicans shouldn’t have lost to a weak ticket like Biden/Harris, but they had a turd for a candidate in Trump. So four years later Republicans are still infatuated with that turd and they re-nominated him, somehow believing that he’d win a rematch. The only reason the Rs will have lost the last (18-20-22-24) election cycles is that they love for Donald Trump more than they love winning.

Don’t blame the media. Y’all decided that you’d rather lose with Trump than win.

Y'all begged for this.

I read an article last year about a kid in Alabama that literally played one team on Friday, then a different team the following Friday without even moving. If that's where we're headed, it won't be good.

Bold prediction: Cards remain undefeated this week.

Ain't that the truth? Are we gonna be picking each other's actual avatar pics in November or waiting for the inauguration?

All that matters is "can she win?" Yes, she can, because of the R's infatuation with Trump. Look in the mirror, MAGAts.... y'all did this to America by nominating an unelectable turd.

[Hidden Content] Yeah.... the DOD wasn't impressed. [Hidden Content] Neither were these vets. [Hidden Content] It just goes on and on. Makes you wonder if the OP is still proud that former President Trump crapped all over our brave dead for a few campaign photos/videos. Trump is still a piece of crap.

“Stop coming on my Kamala Hate threads with your Trump Hate! It’s not fair!” The sad thing is that people keep coming up with things to say about Kamala, and every single time it gets proven that Trump has done worse. I’d give up if I kept get embarrassed like the MAGAts keep getting shamed.

But y'all support a guy who can't beat her!!!!! LOLOLOLOLOL!!!!!!!!!!