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Thread: Debt to GDP. It's ugly

  1. #61
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    Captdon's Avatar Senior Member
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    Quote Originally Posted by midcan5 View Post
    The sky is always falling for some. Meanwhile those who benefit most in our nation pay little or nothing to it. Trump is an example, he paid way less than the average wage earner barely getting by. And yet certain media tools tell the children 'debt oh debt it so bad'. What a joke.

    "The top 1 percent of Americans now take in roughly one-fourth of Americaís total income every year. In terms of wealth rather than income,... the top 1 percent now controls 40 percent of the total. This is new. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent." Joseph Stiglitz

    'The highest period of growth in U.S. history (1933-1973):


    http://www.huppi.com/kangaroo/L-taxgrowth.htm

    A lot of people sit at home, watching tv and drinking Ripple. Workers pay for that.
    Liberals are a clear and present danger to our nation
    Pick your enemies carefully.






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  3. #62
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    Quote Originally Posted by Cotton1 View Post
    The US has a debt to GDP of 106%. Comparisons to other countries is useless , doesn't matter.

    What does matter is the " tipping point". Economists say roughly 77% GDP is where it happens .

    What "Happens" is an economic tipping point is the point of no return. This is quicksand

    Hello mother hello father welcome to United Shthole of America
    Itís time to find programs to cut or eliminate..
    Benjamin Franklin: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."

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    Quote Originally Posted by Tahuyaman View Post
    It’s time to find programs to cut or eliminate..
    Ok. Let's cut Rachel Maddow program
    "The beat goes on"

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    ripmeister's Avatar Senior Member
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    Quote Originally Posted by Tahuyaman View Post
    Democrats, liberals or progressives have lost the credibility to ever criticize anyone on the right based on deficit spending.
    Yea and now that Joe is in office Conservatives are suddenly deficit hawks.
    One can be sure that he who says he knows knows nothing

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    Now_What (05-03-2021)

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    Quote Originally Posted by ripmeister View Post
    Yea and now that Joe is in office Conservatives are suddenly deficit hawks.
    Conservatives have always been deficit hawks. You might be confusing others for conservatives.
    Benjamin Franklin: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."

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    Quote Originally Posted by Captdon View Post
    That's right. Pedophilia is alone among perverts. Why would you think otherwise?
    Trump is a pedo, too. He talked about scoping underage girls in locker rooms. Youíre right, disgusting.

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    The Booman's Avatar Senior Member
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    Pervs and trolling aside the real scary thing is there is no turning back from this. We owe too much At some point we will collapse. We are f**ked and most everyone that is defended here that is in government is to blame.





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    Quote Originally Posted by Cotton1 View Post
    The US has a debt to GDP of 106%. Comparisons to other countries is useless , doesn't matter.

    What does matter is the " tipping point". Economists say roughly 77% GDP is where it happens .

    What "Happens" is an economic tipping point is the point of no return. This is quicksand

    Hello mother hello father welcome to United Shthole of America
    We have no GDP, Ronald Reagan and his Wall Street financiers killed it.
    Make everything from toy guns that spark, to flesh-colored Christs that glow in the dark. Itís easy to see without looking too far, that not much is really sacred.
    Thomas Jefferson (to Richard Price) January 8. 1789 "...wherever the people are well informed they can be trusted with their own government..."

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    The Booman's Avatar Senior Member
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    LOL

    Laying the blame solely on one party is the sort of garbage that has led us to this point.

    And the lemmings march on.





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    Quote Originally Posted by jet57 View Post
    We have no GDP, Ronald Reagan and his Wall Street financiers killed it.
    Elaborate, grasshopper
    "The beat goes on"

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