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fixing25-01-2021 19:38
keepit
★★★★★
(2235)
You can't fix the economy by raising taxes. That would shrink the economy too much.
You can't fix the economy by shrinking govt spending. That would shrink the economy too much.
Pickle, you say.
25-01-2021 19:58
James___
★★★★★
(4523)
keepit wrote:
You can't fix the economy by raising taxes. That would shrink the economy too much.
You can't fix the economy by shrinking govt spending. That would shrink the economy too much.
Pickle, you say.



Some taxes like the corporate tax rate need to be raised. One problem is if people use credit to buy a $1,000.00 phone, most of that money goes to China. The US trade deficit exports about $800 Billion a year from the US economy.
If personal and private new loans each year equal $800 Billion, then the economy will remain flat. If people and businesses combined borrow less than that each year, the economy contracts.
25-01-2021 20:35
keepit
★★★★★
(2235)
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.
25-01-2021 21:37
James___
★★★★★
(4523)
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.



When you look at the graph in the link https://www.macrotrends.net/countries/USA/united-states/trade-balance-deficit , it was in 2008 that we had The Great Recession. And around 1980 when the trade deficit as a % of the GDP was growing, unemployment was 10%.
And if you consider that since The Great Recession the US budget deficit has been around $1 Trillion annually....
25-01-2021 21:55
HarveyH55Profile picture★★★★★
(3400)
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.


So, you're okay with America writing a bad check, to pay off their credit card debt. What happened when you paid with 'rubber' checks? You still ended up paying your debt, after being a guest of the state, for a few years. I don't know how those bonds work, but generally, if you buy something, you have a choice about selling them. China could just hold onto those bonds, since the are as worthless as the fresh printed dollars, offered to pay for them.
25-01-2021 22:32
Into the NightProfile picture★★★★★
(15559)
keepit wrote:
You can't fix the economy by raising taxes. That would shrink the economy too much.

Raising taxes causes business to relocate overseas to avoid the taxes. It also can cause tax revolt in other ways, possibly violent. This is called a tax crash.
keepit wrote:
You can't fix the economy by shrinking govt spending.

Where is the government going to get the money? There are only three ways to raise money. Tax, borrow, or print it.

Borrowing too much money means you can never pay back the debt, like someone so badly in debt they are using one credit card to pay off another. See the US debt clock for details. This causes a debt crash.

Printing too much means there are more dollars for the wealth that's out there, even though wealth is being created. The result is inflation, possibly hyperinflation. All prices go up, including the prices the government has to pay. Printing more to cover the additional costs spirals out of control. This is called a cash crash. This is our inevitable future, possibly combined with a debt crash. It's only a matter of time, and the not very distant future at that.

Faith in the dollar already is waning. People are already looking around for another currency.
keepit wrote:
That would shrink the economy too much.

Crashes shrink economies. So does a manufactured panic by Democrats, including the manufactured panic over covid19.
keepit wrote:
Pickle, you say.

Yes. The SOA is in a pickle. They are fast running out of options.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
25-01-2021 22:39
Into the NightProfile picture★★★★★
(15559)
James___ wrote:
keepit wrote:
You can't fix the economy by raising taxes. That would shrink the economy too much.
You can't fix the economy by shrinking govt spending. That would shrink the economy too much.
Pickle, you say.



Some taxes like the corporate tax rate need to be raised.

Don't like 'made in America', eh? You'll send business overseas.
James___ wrote:
One problem is if people use credit to buy a $1,000.00 phone, most of that money goes to China.

Why not if people buy such a phone without going into debt? What's the difference? Yes, we are exporting our inflation to China. China is really hurting right now. This, combined with not having enough workers, and the workers they do have not spending much, and internal revolution brewing, and the Three Gorges dam about to collapse...no life in China is not going to be pleasant. Those that can get out of China are doing so.
James___ wrote:
The US trade deficit exports about $800 Billion a year from the US economy.

No, it is part of the US economy.
James___ wrote:
If personal and private new loans each year equal $800 Billion, then the economy will remain flat.

Argument from randU fallacy. You are making up numbers and effects. There is no 'magick threshold'.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
25-01-2021 22:47
Into the NightProfile picture★★★★★
(15559)
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.

They already have. Perhaps you forget the way massive importing from China and not selling much to China caused a problem, which is still there, though in diminished form. I guess you LIKE exporting jobs to China. You LIKE people being put out of work.
keepit wrote:
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems.

It has gone on for a long time, particularly during and after Clinton. It puts people in the US out of work. Whole industries, such as the electronics industry has been decimated because of imports from cheaper Japanese, Taiwanese, and Chinese sources.
keepit wrote:
Maybe the problem is that we borrow that money back from the world and owe it in bonds.

People aren't investing in bonds from overseas in any great numbers. They don't have the money to invest in them, thanks to being put out of work by cheap imports.
keepit wrote:
I'd like to see us print some money and pay off those bonds and quit paying interest on it.

People can't print their own money. If the government prints too much money, you get inflation. This is essentially defaulting on the debt.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
25-01-2021 22:49
Into the NightProfile picture★★★★★
(15559)
HarveyH55 wrote:
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.


So, you're okay with America writing a bad check, to pay off their credit card debt. What happened when you paid with 'rubber' checks? You still ended up paying your debt, after being a guest of the state, for a few years. I don't know how those bonds work, but generally, if you buy something, you have a choice about selling them. China could just hold onto those bonds, since the are as worthless as the fresh printed dollars, offered to pay for them.


Bonds work like any debt. There comes a day of reckoning.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
25-01-2021 23:31
keepit
★★★★★
(2235)
One misinterpretation after another.
26-01-2021 00:38
James___
★★★★★
(4523)
HarveyH55 wrote:
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.


So, you're okay with America writing a bad check, to pay off their credit card debt. What happened when you paid with 'rubber' checks? You still ended up paying your debt, after being a guest of the state, for a few years. I don't know how those bonds work, but generally, if you buy something, you have a choice about selling them. China could just hold onto those bonds, since the are as worthless as the fresh printed dollars, offered to pay for them.



Trump's booming economy which you supported was based on $Trillion deficits. All I stated were facts. I offered no opinion.
26-01-2021 07:02
Into the NightProfile picture★★★★★
(15559)
James___ wrote:
HarveyH55 wrote:
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.


So, you're okay with America writing a bad check, to pay off their credit card debt. What happened when you paid with 'rubber' checks? You still ended up paying your debt, after being a guest of the state, for a few years. I don't know how those bonds work, but generally, if you buy something, you have a choice about selling them. China could just hold onto those bonds, since the are as worthless as the fresh printed dollars, offered to pay for them.



Trump's booming economy which you supported was based on $Trillion deficits. All I stated were facts. I offered no opinion.

Nope. It is based on capitalism.

Deficits is a government problem. Government is not the economy.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
26-01-2021 15:26
James___
★★★★★
(4523)
Into the Night wrote:
James___ wrote:
HarveyH55 wrote:
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.


So, you're okay with America writing a bad check, to pay off their credit card debt. What happened when you paid with 'rubber' checks? You still ended up paying your debt, after being a guest of the state, for a few years. I don't know how those bonds work, but generally, if you buy something, you have a choice about selling them. China could just hold onto those bonds, since the are as worthless as the fresh printed dollars, offered to pay for them.



Trump's booming economy which you supported was based on $Trillion deficits. All I stated were facts. I offered no opinion.

Nope. It is based on capitalism.

Deficits is a government problem. Government is not the economy.



One possible solution is to allow governments an amount of deficit spending as a % of GDP. This spending could be used for maintaining infrastructure. Exporting capital will always lead to a contraction of an economy unless countermeasures are allowed for.
26-01-2021 15:56
James___
★★★★★
(4523)
This link https://www.bloomberg.com/news/features/2021-01-25/the-world-is-dangerously-dependent-on-taiwan-for-semiconductors is about how Taiwan controls a lot of the chip manufacturing capacity.
They also talk about how various countries are trying to work with a couple of Taiwanese companies to increase the manufacturing outside of Taiwan.
With a part of the US trade deficit, foreign companies ship parts to another country which eventually allows for final assembly in the US. This ties their export with American manufacturing jobs.
For such companies, they also receive tax breaks where they locate their companies. When economies become intertwined this way, should deficit spending be allowed to be a part of the solution?
26-01-2021 16:58
IBdaMannProfile picture★★★★★
(9190)
James___ wrote:
This link https://www.bloomberg.com/news/features/2021-01-25/the-world-is-dangerously-dependent-on-taiwan-for-semiconductors is about how Taiwan controls a lot of the chip manufacturing capacity.
They also talk about how various countries are trying to work with a couple of Taiwanese companies to increase the manufacturing outside of Taiwan.
With a part of the US trade deficit, foreign companies ship parts to another country which eventually allows for final assembly in the US. This ties their export with American manufacturing jobs.
For such companies, they also receive tax breaks where they locate their companies. When economies become intertwined this way, should deficit spending be allowed to be a part of the solution?

You are asking the wrong question.

The correct question is "What US State or States will declare themselves an independent "Taiwan" of the socialist US which still declares it/them (a) US province(s)?

.


A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
26-01-2021 17:16
HarveyH55Profile picture★★★★★
(3400)
Debit is a dirty word, and should be avoided... There should rarely be deficit spend, only in emergencies, and quickly corrected. Democrats don't get rich, and stay rich, by spending their own money. They prefer to talk other people into investing in their little get-rich schemes. They take a share of the profits, for setting it up, but take no responsibility for losses or failures. Bank loans, are other peoples money, which they can default on, or re-negotiate the turns, never, ever actually repaying. Generally, they eventually find somebody to dump there debt off on, as part of a business sale. They think the government finances should work the same way, not to mention it's a good place to get other people's money to spend, or dump their debts. That's just the 'legal' ways to get rich. Then there is the Hunter Biden types, who sell favors, for a cut in the foreign aid packages. Democrats seem to think everyday should be a party, since somebody else will pick up the tab. Responsible adults, live within their means, and try to avoid taking on any more debt, than they can reasonable afford to repay, in a reasonable number of years, based on their income.
26-01-2021 22:11
James___
★★★★★
(4523)
HarveyH55 wrote:
Debit is a dirty word, and should be avoided... There should rarely be deficit spend, only in emergencies, and quickly corrected. Democrats don't get rich, and stay rich, by spending their own money. They prefer to talk other people into investing in their little get-rich schemes. They take a share of the profits, for setting it up, but take no responsibility for losses or failures. Bank loans, are other peoples money, which they can default on, or re-negotiate the turns, never, ever actually repaying. Generally, they eventually find somebody to dump there debt off on, as part of a business sale. They think the government finances should work the same way, not to mention it's a good place to get other people's money to spend, or dump their debts. That's just the 'legal' ways to get rich. Then there is the Hunter Biden types, who sell favors, for a cut in the foreign aid packages. Democrats seem to think everyday should be a party, since somebody else will pick up the tab. Responsible adults, live within their means, and try to avoid taking on any more debt, than they can reasonable afford to repay, in a reasonable number of years, based on their income.



If you look at 1960 and today, it shows where deficit spending allows for technology in people's lives that otherwise they couldn't afford. A part of this situation is that deficit spending might actually be supporting communist countries.
It has been shown that communism does not allow for innovation or a better life. At the same time, while communism is associated with socialism, socialism is also associated with capitalism.
The US has some things that will affect its economy. Namely its infrastructure. This has anything to do with waste management systems, potable water to bridges and the electrical grid. All those things cost money to maintain let alone improve.
27-01-2021 00:06
Into the NightProfile picture★★★★★
(15559)
James___ wrote:
Into the Night wrote:
James___ wrote:
HarveyH55 wrote:
keepit wrote:
James,
I've heard about the trade deficit for 50 years and that it was going to tank the economy.
As far as i know there was only one time (maybe it was only for a month) that trade "deficit" was a positive number. I've never heard an explanation of how it has gone on for so long without causing problems. Maybe the problem is that we borrow that money back from the world and owe it in bonds. I'd like to see us print some money and pay off those bonds and quit paying interest on it.


So, you're okay with America writing a bad check, to pay off their credit card debt. What happened when you paid with 'rubber' checks? You still ended up paying your debt, after being a guest of the state, for a few years. I don't know how those bonds work, but generally, if you buy something, you have a choice about selling them. China could just hold onto those bonds, since the are as worthless as the fresh printed dollars, offered to pay for them.



Trump's booming economy which you supported was based on $Trillion deficits. All I stated were facts. I offered no opinion.

Nope. It is based on capitalism.

Deficits is a government problem. Government is not the economy.



One possible solution is to allow governments an amount of deficit spending as a % of GDP. This spending could be used for maintaining infrastructure. Exporting capital will always lead to a contraction of an economy unless countermeasures are allowed for.


Not a solution. Debt is debt.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
27-01-2021 00:06
Into the NightProfile picture★★★★★
(15559)
IBdaMann wrote:
James___ wrote:
This link https://www.bloomberg.com/news/features/2021-01-25/the-world-is-dangerously-dependent-on-taiwan-for-semiconductors is about how Taiwan controls a lot of the chip manufacturing capacity.
They also talk about how various countries are trying to work with a couple of Taiwanese companies to increase the manufacturing outside of Taiwan.
With a part of the US trade deficit, foreign companies ship parts to another country which eventually allows for final assembly in the US. This ties their export with American manufacturing jobs.
For such companies, they also receive tax breaks where they locate their companies. When economies become intertwined this way, should deficit spending be allowed to be a part of the solution?

You are asking the wrong question.

The correct question is "What US State or States will declare themselves an independent "Taiwan" of the socialist US which still declares it/them (a) US province(s)?

.

And who will shoot first?


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
27-01-2021 03:03
HarveyH55Profile picture★★★★★
(3400)
James___ wrote:
HarveyH55 wrote:
Debit is a dirty word, and should be avoided... There should rarely be deficit spend, only in emergencies, and quickly corrected. Democrats don't get rich, and stay rich, by spending their own money. They prefer to talk other people into investing in their little get-rich schemes. They take a share of the profits, for setting it up, but take no responsibility for losses or failures. Bank loans, are other peoples money, which they can default on, or re-negotiate the turns, never, ever actually repaying. Generally, they eventually find somebody to dump there debt off on, as part of a business sale. They think the government finances should work the same way, not to mention it's a good place to get other people's money to spend, or dump their debts. That's just the 'legal' ways to get rich. Then there is the Hunter Biden types, who sell favors, for a cut in the foreign aid packages. Democrats seem to think everyday should be a party, since somebody else will pick up the tab. Responsible adults, live within their means, and try to avoid taking on any more debt, than they can reasonable afford to repay, in a reasonable number of years, based on their income.



If you look at 1960 and today, it shows where deficit spending allows for technology in people's lives that otherwise they couldn't afford. A part of this situation is that deficit spending might actually be supporting communist countries.
It has been shown that communism does not allow for innovation or a better life. At the same time, while communism is associated with socialism, socialism is also associated with capitalism.
The US has some things that will affect its economy. Namely its infrastructure. This has anything to do with waste management systems, potable water to bridges and the electrical grid. All those things cost money to maintain let alone improve.


There would be a lot less deficit spending, if the US quit handing out freebies, both domestic, and abroad. Smaller government. Too many people doing nothing, playing games, or trying to figure out ways to give away money, we don't have.
27-01-2021 04:25
Into the NightProfile picture★★★★★
(15559)
HarveyH55 wrote:
James___ wrote:
HarveyH55 wrote:
Debit is a dirty word, and should be avoided... There should rarely be deficit spend, only in emergencies, and quickly corrected. Democrats don't get rich, and stay rich, by spending their own money. They prefer to talk other people into investing in their little get-rich schemes. They take a share of the profits, for setting it up, but take no responsibility for losses or failures. Bank loans, are other peoples money, which they can default on, or re-negotiate the turns, never, ever actually repaying. Generally, they eventually find somebody to dump there debt off on, as part of a business sale. They think the government finances should work the same way, not to mention it's a good place to get other people's money to spend, or dump their debts. That's just the 'legal' ways to get rich. Then there is the Hunter Biden types, who sell favors, for a cut in the foreign aid packages. Democrats seem to think everyday should be a party, since somebody else will pick up the tab. Responsible adults, live within their means, and try to avoid taking on any more debt, than they can reasonable afford to repay, in a reasonable number of years, based on their income.



If you look at 1960 and today, it shows where deficit spending allows for technology in people's lives that otherwise they couldn't afford. A part of this situation is that deficit spending might actually be supporting communist countries.
It has been shown that communism does not allow for innovation or a better life. At the same time, while communism is associated with socialism, socialism is also associated with capitalism.
The US has some things that will affect its economy. Namely its infrastructure. This has anything to do with waste management systems, potable water to bridges and the electrical grid. All those things cost money to maintain let alone improve.


There would be a lot less deficit spending, if the US quit handing out freebies, both domestic, and abroad. Smaller government. Too many people doing nothing, playing games, or trying to figure out ways to give away money, we don't have.


Bingo. The government is spending too much. The solution is to reduce spending. A lot. Dramatically.

Of course, that's not going to happen now with the SOA.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
27-01-2021 05:33
HarveyH55Profile picture★★★★★
(3400)
Hardships are a normal part of life, a learning experience. Democrats want to avoid learning experiences, and have 'good times', all the time. They simple want to pay for everybody's party life, and forgive all mistakes they make, and should have learned from. It's not that the money they spend, is actually coming out of their personal wealth, somebody else is picking up the tab, for them hosting the party.
27-01-2021 05:35
James___
★★★★★
(4523)
Into the Night wrote:
HarveyH55 wrote:
James___ wrote:
HarveyH55 wrote:
Debit is a dirty word, and should be avoided... There should rarely be deficit spend, only in emergencies, and quickly corrected. Democrats don't get rich, and stay rich, by spending their own money. They prefer to talk other people into investing in their little get-rich schemes. They take a share of the profits, for setting it up, but take no responsibility for losses or failures. Bank loans, are other peoples money, which they can default on, or re-negotiate the turns, never, ever actually repaying. Generally, they eventually find somebody to dump there debt off on, as part of a business sale. They think the government finances should work the same way, not to mention it's a good place to get other people's money to spend, or dump their debts. That's just the 'legal' ways to get rich. Then there is the Hunter Biden types, who sell favors, for a cut in the foreign aid packages. Democrats seem to think everyday should be a party, since somebody else will pick up the tab. Responsible adults, live within their means, and try to avoid taking on any more debt, than they can reasonable afford to repay, in a reasonable number of years, based on their income.



If you look at 1960 and today, it shows where deficit spending allows for technology in people's lives that otherwise they couldn't afford. A part of this situation is that deficit spending might actually be supporting communist countries.
It has been shown that communism does not allow for innovation or a better life. At the same time, while communism is associated with socialism, socialism is also associated with capitalism.
The US has some things that will affect its economy. Namely its infrastructure. This has anything to do with waste management systems, potable water to bridges and the electrical grid. All those things cost money to maintain let alone improve.


There would be a lot less deficit spending, if the US quit handing out freebies, both domestic, and abroad. Smaller government. Too many people doing nothing, playing games, or trying to figure out ways to give away money, we don't have.


Bingo. The government is spending too much. The solution is to reduce spending. A lot. Dramatically.

Of course, that's not going to happen now with the SOA.



As Harvey would say, it was over 4,000 American idiots who died in Iraq. Bush sent them there while increasing government spending. And as Harvey states, smart people like him don't join the military.
I think a smaller government starts with not starting a war for no reason and causing many casualties. There's about 32,000 wounded in action. Yet many wounded will probably have life long disabilities. Oops, more government spending.
Why are Republicans blameless? I get it. The War in Iraq covered up a significant increase in the trade deficit which benefited Republicans. That was a very clever strategy. Start a war to distract people from what's happening in the US.
Gosh, those Republicans sure are smart, just like Harvey.
27-01-2021 18:17
keepit
★★★★★
(2235)
Like the govt, let's all spend less and therefore create less co2.
27-01-2021 18:38
HarveyH55Profile picture★★★★★
(3400)
James___ wrote:
Into the Night wrote:
HarveyH55 wrote:
James___ wrote:
HarveyH55 wrote:
Debit is a dirty word, and should be avoided... There should rarely be deficit spend, only in emergencies, and quickly corrected. Democrats don't get rich, and stay rich, by spending their own money. They prefer to talk other people into investing in their little get-rich schemes. They take a share of the profits, for setting it up, but take no responsibility for losses or failures. Bank loans, are other peoples money, which they can default on, or re-negotiate the turns, never, ever actually repaying. Generally, they eventually find somebody to dump there debt off on, as part of a business sale. They think the government finances should work the same way, not to mention it's a good place to get other people's money to spend, or dump their debts. That's just the 'legal' ways to get rich. Then there is the Hunter Biden types, who sell favors, for a cut in the foreign aid packages. Democrats seem to think everyday should be a party, since somebody else will pick up the tab. Responsible adults, live within their means, and try to avoid taking on any more debt, than they can reasonable afford to repay, in a reasonable number of years, based on their income.



If you look at 1960 and today, it shows where deficit spending allows for technology in people's lives that otherwise they couldn't afford. A part of this situation is that deficit spending might actually be supporting communist countries.
It has been shown that communism does not allow for innovation or a better life. At the same time, while communism is associated with socialism, socialism is also associated with capitalism.
The US has some things that will affect its economy. Namely its infrastructure. This has anything to do with waste management systems, potable water to bridges and the electrical grid. All those things cost money to maintain let alone improve.


There would be a lot less deficit spending, if the US quit handing out freebies, both domestic, and abroad. Smaller government. Too many people doing nothing, playing games, or trying to figure out ways to give away money, we don't have.


Bingo. The government is spending too much. The solution is to reduce spending. A lot. Dramatically.

Of course, that's not going to happen now with the SOA.



As Harvey would say, it was over 4,000 American idiots who died in Iraq. Bush sent them there while increasing government spending. And as Harvey states, smart people like him don't join the military.
I think a smaller government starts with not starting a war for no reason and causing many casualties. There's about 32,000 wounded in action. Yet many wounded will probably have life long disabilities. Oops, more government spending.
Why are Republicans blameless? I get it. The War in Iraq covered up a significant increase in the trade deficit which benefited Republicans. That was a very clever strategy. Start a war to distract people from what's happening in the US.
Gosh, those Republicans sure are smart, just like Harvey.


Don't put lies in my mouth, never said, or implied any of that crap. I registered for the draft in 1981, Uncle Sam didn't me, or he would have call. I like thinking for myself, and took a different path, then you did. Bush took the war on terror over to the Middle East, instead of fighting it on American soil. What sad, is you have to try to bring everyone down to your level, because you are too weak to rise to the challenge of fixing yourself. Did you ever kill anybody, during your service (besides shipmates)? Anybody shoot at you (besides shipmates). Doubtful, since it was peace time. It was just a job. I was working too, mostly for less pay and benefits, likely a lot harder than you ever had. Big difference, I'm still working, not disabled, or crapping in a bag, for my choice. Life's good, no pity party, until I log on here...
28-01-2021 01:26
Into the NightProfile picture★★★★★
(15559)
keepit wrote:
Like the govt, let's all spend less and therefore create less co2.

Why create less CO2? It is a necessary gas in the atmosphere, and it is incapable of warming the Earth.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
28-01-2021 02:12
keepit
★★★★★
(2235)
ITN,
CO2 doesn't warm the earth, the sun warms the earth, and the CO2 slows down the release of the sun's energy back into outer space.
28-01-2021 02:22
IBdaMannProfile picture★★★★★
(9190)
keepit wrote:... and the CO2 slows down the release of the sun's energy back into outer space.

keepit, let's unpack your gibberish into its component nonsense:

1. CO2 cannot slow light to below the speed of light.
2. CO2 cannot reduce earth's radiance.
3. Science shows us that Radiance and Temperature move in the same direction, always, not in opposite directions as you are implying
4. The sun's energy comes to the earth from the sun, not from outer space, so the earth's radiance cannot go back into outer space, it can only radiate into outer space.

You win the coveted Loser trophy.

.
Attached image:


Edited on 28-01-2021 02:23
28-01-2021 02:49
keepit
★★★★★
(2235)
You had to work pretty hard to misunderstand that thoroughly.
28-01-2021 03:26
IBdaMannProfile picture★★★★★
(9190)
keepit wrote: You had to work pretty hard to misunderstand that thoroughly.

I assure you, no effort was required to simply read the words of your response to Into the Night, although there was definitely pain involved in reading it so effort was required to hold back the grimacing and the gnashing of teeth.

I assure you, one cannot "misunderstand" pure gibberish that is spewed from a scientifically illiterate, mathematically incompetent and economics-challenged moron who pays CNN a monthly fee to do his thinking for him.

Question: Since printing dollars does not increase the number of dollars, and since the US began its existence with zero US dollars, are there still zero US dollars after centuries of printing US dollars?

.


A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
28-01-2021 03:39
keepit
★★★★★
(2235)
You're confused IBD.
28-01-2021 04:05
James___
★★★★★
(4523)
keepit wrote:
You're confused IBD.



I think this post of his relative to ITN says it all, it's about having "faith".

https://www.climate-debate.com/forum/the-fastest-way-to-solve-climate-change-problem-is-making-plant-trees-become-a-competitive-sport-d6-e3499.php#post_67573
28-01-2021 04:48
HarveyH55Profile picture★★★★★
(3400)
If you had a movie theater. Each ticket you sell, represents on seat. What happens, when you just keep selling tickets, after you already reached capacity, and there are no more seats? Obviously, there is going to be an angry crowd of people, packing the lobby. Many of which stopped off at the snack bar, before finding out, there were no seats. You either make quick with refunds, and anything else, or it's going to get ugly, and you'll have a huge mess to clean up, if you survive.

Each dollar printed, represents a value. When you keep printing dollars, beyond any value available, it gets ugly. People demand value for their money. You sell tickets, you better have enough seats available.
28-01-2021 05:37
IBdaMannProfile picture★★★★★
(9190)
keepit wrote:You're confused IBD.

Is that a "yes, there are still zero US dollars"?

.


A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
28-01-2021 06:32
keepit
★★★★★
(2235)
I think you're deliberately confusing yourself. What i said about printing money was that if you use that printed money to pay off treasury bonds you don't increase the number of dollars (if you count treasury bonds as stored money (which i define as money).
Edited on 28-01-2021 07:28
28-01-2021 07:19
IBdaMannProfile picture★★★★★
(9190)
keepit wrote: I think you're deliberately confusing yourself.

Oh yes, I totally see that. Your confusion on your part is my confusion on my part. I think that point goes without saying.


.


A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
28-01-2021 10:59
HarveyH55Profile picture★★★★★
(3400)
Printing dollars to pay off debts, is the same as writing checks, for which you don't have the funds on deposit to cover. Being relieved of debt, usually encourages people to just borrow more. You get a new credit card, to pay off your maxed out credit cards, but then continue to use the cards you just paid off. Eventually, you need another credit card, to make payments on your other useless cards. Day comes, when nobody wants to give you another card, you still have payments to make, and not the means to pay them.
28-01-2021 14:29
Into the NightProfile picture★★★★★
(15559)
keepit wrote:
ITN,
CO2 doesn't warm the earth, the sun warms the earth, and the CO2 slows down the release of the sun's energy back into outer space.


You cannot trap light.
You cannot trap heat.
There is no magick 'one way gas'.

Denial of the Stefan-Boltzmann law. Denial of the 2nd law of thermodynamics.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
28-01-2021 14:32
Into the NightProfile picture★★★★★
(15559)
keepit wrote:
You're confused IBD.

Void argument fallacy.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
28-01-2021 14:33
Into the NightProfile picture★★★★★
(15559)
James___ wrote:
keepit wrote:
You're confused IBD.



I think this post of his relative to ITN says it all, it's about having "faith".

https://www.climate-debate.com/forum/the-fastest-way-to-solve-climate-change-problem-is-making-plant-trees-become-a-competitive-sport-d6-e3499.php#post_67573

We are not related.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan
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