WE NEED YOUR HELP! Please donate to keep ReaderRant online to serve political discussion and its members. (Blue Ridge Photography pays the bills for RR).
Current Topics
Trump 2.0
by Irked - 03/14/25 10:00 AM
2024 Election Forum
by rporter314 - 03/11/25 11:16 PM
Who's Online Now
0 members (), 16 guests, and 0 robots.
Key: Admin, Global Mod, Mod
Newest Members
Agnostic Politico, Jems, robertjohn, BlackCat13th, ruggedman
6,305 Registered Users
Popular Topics(Views)
10,260,915 my own book page
5,051,279 We shall overcome
4,250,718 Campaign 2016
3,856,322 Trump's Trumpet
3,055,489 3 word story game
Top Posters
pdx rick 47,430
Scoutgal 27,583
Phil Hoskins 21,134
Greger 19,831
Towanda 19,391
Top Likes Received (30 Days)
Irked 1
Forum Statistics
Forums59
Topics17,128
Posts314,539
Members6,305
Most Online294
Dec 6th, 2017
Today's Birthdays
Buzzard's Roost, Troyota
Previous Thread
Next Thread
Print Thread
Rate Thread
Page 13 of 14 1 2 11 12 13 14
Joined: Sep 2005
Posts: 12,581
I
Pooh-Bah
Offline
Pooh-Bah
I
Joined: Sep 2005
Posts: 12,581
Originally Posted by NW Ponderer
Not really begging the question, Iss. Imagine what a 5-10% increase in the GDP would do for the overall economy. That would probably bring unemployment down, increase demand, break capital loose to invest in equipment, get corporations off the sidelines, bring investment back in and restore confidence. The increase in activity will then increase government revenues, the disastrous tax cuts then can be rolled back in 2012, we can then get on the road to reducing the deficits that the GOP saddled us with. After 5 years of continual growth, we can then fold the tent and disband the government, wot?
Of course it would provide a short term stimulus -- not unusual when the can is kicked down the road -- but once it is spent (on consumable goods, debt relief, and perhaps put into savings by the better off folks) the economy will be either back where it started or even worse. There is no logical reason to assume that jobs will be created or companies will expand based on a short-term one-time injection of money at the consumer level. And, given your statement that it will only "probably" bring down unemployment, effective demand will be short-lived. So again, I ask, after it has been spent, what then?
Yours,
Issodhos


"When all has been said that can be said, and all has been done that can be done, there will be poetry";-) -- Issodhos
Joined: Jun 2004
Posts: 21,134
Administrator
Bionic Scribe
Offline
Administrator
Bionic Scribe
Joined: Jun 2004
Posts: 21,134
This entire affair is entirely bogus. There is no debt crisis, there is a truth crisis. I am now very clear this is just another stop on the road to fascism and the take over of every aspect of life by the wealthy.

I am not voting for Obama or any member of Congress who votes for anything other than a straight vote to extend the "debt ceiling". Anything else is just ripping us off for the uber rich.

I am so disgusted with the Democrats who have caved in on every single vote. There is no Democrat party, there are shades of Republicans.

I have not been this angry since LBJ's betrayal in 1966. Traitors all.


Life is a banquet -- and most poor suckers are starving to death -- Auntie Mame
You are born naked and everything else is drag - RuPaul
Joined: Aug 2008
Posts: 10,853
veteran
Offline
veteran
Joined: Aug 2008
Posts: 10,853
'
Originally Posted by Phil Hoskins
I have not been this angry since LBJ's betrayal in 1966. Traitors all.
I quite agree with you, Phil---except that I have been outraged since September 11, 2001.

It has been a long time.

Joined: May 2005
Posts: 47,430
Likes: 373
Member
CHB-OG
Offline
Member
CHB-OG
Joined: May 2005
Posts: 47,430
Likes: 373
All of the "politicians" making hooey out of raising the debt limit need to be made examples of next election cycle.
  • The House has already spent the money in sending budgets to any President for signature
  • Defaulting on a payment is akin to ignoring your personal financial obligations, ie. not paying your car payment, not paying your electric bill - you already used the goods or service
Lastly, the 14th amendments states:
Quote
The validity of the Unites States debt shall not be questioned.
What part of all of the above do the Tea Partiers not understand?

Oh, yes, I forgot, they're not too educated:

[Linked Image from i48.photobucket.com], [Linked Image from i48.photobucket.com], [Linked Image from i48.photobucket.com], [Linked Image from i48.photobucket.com]


...but many elected Republicans and Democrats are just as bad...


Contrarian, extraordinaire


Joined: May 2005
Posts: 47,430
Likes: 373
Member
CHB-OG
Offline
Member
CHB-OG
Joined: May 2005
Posts: 47,430
Likes: 373
Originally Posted by numan
I quite agree with you, Phil---except that I have been outraged since September 11, 2001.

It has been a long time.
Counseling and Lexapro wink


Contrarian, extraordinaire


Joined: May 2005
Posts: 47,430
Likes: 373
Member
CHB-OG
Offline
Member
CHB-OG
Joined: May 2005
Posts: 47,430
Likes: 373
Originally Posted by Phil Hoskins
I am so disgusted with the Democrats who have caved in on every single vote.
So where's the value in voting them back into Office? Hmm We ALL need to vote for ANYONE, I mean ANYONE on a voter ballot that IS NOT a Republican or a Democrat.

We need to make this a national movement, ie Facebook and Twitter


Contrarian, extraordinaire


Joined: Aug 2008
Posts: 10,853
veteran
Offline
veteran
Joined: Aug 2008
Posts: 10,853
Originally Posted by california rick
Originally Posted by numan
I quite agree with you, Phil---except that I have been outraged since September 11, 2001.

It has been a long time.
Counseling and Lexapro wink
The psychologists struggle to get people to adjust themselves to the world.

The point, however, is to change the world. · · · wink

Joined: Sep 2005
Posts: 12,581
I
Pooh-Bah
Offline
Pooh-Bah
I
Joined: Sep 2005
Posts: 12,581
Originally Posted by california rick
Oh, yes, I forgot, they're not too educated:
The 14th amendment nonsense aside, keep in mind that it is the "educated" folks what got us where we be, rick.;-)
Yours,
Issodhos
P.S. But, to repeat myself:
" Major corporations, organizations, and administration after administration have usually had the "Best and the Brightest" that the most prestigious centers of higher conditioning can offer, yet we routinely see these entities either sinking into bankruptcy or public bailout, or brought low by scandal or massive criminal fraud, or implementing policy blunder after policy blunder. The common thread is that it is these supposedly "Undumb" who consistently take others into the ethical and moral abyss. It is the plutocratic saints of intellect that leave us wallowing in disaster after disaster.

Whereas these "Best and Brightest" sculpt self-gratifying grandiose policies that require the suborning of the masses, perhaps the "Unbest and the Unbrightest" could be selected by lottery and would at worst do no more poorly than our “Best and Brightest”, perhaps even engaging only in human-sized mischief – either in government or in its conjoined twin, Corpo-World.
Of course, the “Best and the Brightest”, may be the “Undumbest” of a thoroughly dumb pool of “Unbest and Unbright” to select from – in which case, we are probably screwed.:-)"


Last edited by issodhos; 07/31/11 11:28 PM.

"When all has been said that can be said, and all has been done that can be done, there will be poetry";-) -- Issodhos
Joined: Apr 2005
Posts: 1,499
member
Offline
member
Joined: Apr 2005
Posts: 1,499
Hi Iss.

Ignorance Is Bliss!["donchaknow"!] And...
"We" have "probably" been " screwed", already ."


------------------------------
You can fool some of the people all of the time and all of the people some of the time,but you can't fool all of the people all of the time.[A. Lincoln]
Joined: Aug 2008
Posts: 10,853
veteran
Offline
veteran
Joined: Aug 2008
Posts: 10,853
'
Originally Posted by issodhos
The 14th amendment nonsense aside, keep in mind that it is the "educated" folks what got us where we be, rick.
Well, or at least what passes for education in the United States.

Page 13 of 14 1 2 11 12 13 14

Link Copied to Clipboard
Powered by UBB.threads™ PHP Forum Software 7.7.5