Economy White House warns of economic collapse if debt isn't fixed.

[Prefect]

White House warns of economic catastrophe without action on debt limit (yahoo.com)

Meanwhile Bidens total cost for his bills is around SIX TRILLION. What kind of clown world are we living in?

LIKE CLOCKWORK

DEMOCRAT ENTERS OFFICE

REPUBLICANS START "CARING" ABOUT DEBT

 

[James Bomb]

Seriously? So you lying and said there was a decline, is ok? No it is patently false. You can’t factually say that. But yes keep pretending they even a small increase is somehow a decrease.

The Republican tax cuts significantly worsened the deficit. All other indicators support this fact

https://www.google.com/amp/s/www.fo...ion-dollar-deficits-in-expanding-economy/amp/

Quit embarrassing yourself. You don’t even know what you’re arguing anymore. You never did.

 

[Jack V Savage]

That is pretty much the point of this Democrat "Brinksmanship" right? If they can railroad them here, the next line will be, "If Republicans didn't want massive new spending on reconciliations bill that have zero Republicans support, why'd they vote to raise the debt limit?".

Huh? There's no Democratic (note correct adjectival form) brinksmanship. And when Democrats were in the minority, they didn't block a debt-ceiling increase (passed with 67 votes).

 

[ElKarlo]

The Republican tax cuts significantly worsened the deficit. All other indicators support this fact

https://www.google.com/amp/s/www.fo...ion-dollar-deficits-in-expanding-economy/amp/

Quit embarrassing yourself. You don’t even know what you’re arguing anymore. You never did.

And none of that has anything t do with what I said. You really have no idea what you are talking about and it clearly shows here. I said the actual amount and no where in that article did it say tax revenues deceased. You don’t even read what you post.

 

[James Bomb]

And none of that has anything t do with what I said. You really have no idea what you are talking about and it clearly shows here. I said the actual amount and no where in that article did it say tax revenues deceased. You don’t even read what you post.

I definitely understand what I posted.

But if I wanted to fix your understanding on this whole topic, I’d have to teach an idiot (not an idiot savant, just a plain old idiot) how time and math works. Nobody has time for that.

The Republican tax cuts in 2017 reduced the amount of tax revenue collected, both in constant dollars and in percentage of GDP. The House GOP thinks that you’re gullible enough to believe the opposite. Stop proving them right.

 

[Tireur889]

Both democrats and Republicans are responsible for this mess.Both parties pay lip service about our national debt and deficit yet increase both whenever they are in power. We need to raise taxes and cut spending but we won't, so I guess economic collapse is inevitable

 

[2fast2see]

 

[chrisdiaz]

The Republican tax cuts significantly worsened the deficit. All other indicators support this fact

https://www.google.com/amp/s/www.fo...ion-dollar-deficits-in-expanding-economy/amp/

Quit embarrassing yourself. You don’t even know what you’re arguing anymore. You never did.

Actually the FED significantly worsened the deficit but that doesnt fit your political agenda. Until "educated" people such as yourself realize its both parties fault the elite keep winning.

 

[James Bomb]

Actually the FED significantly worsened the deficit but that doesnt fit your political agenda. Until "educated" people such as yourself realize its both parties fault the elite keep winning.

The “elite” wanted their giant corporate tax cut, which they spent huge chunks of on share buyback programs. They’d rather spend money on anything that doesn’t help average workers.

 

[chrisdiaz]

The “elite” wanted their giant corporate tax cut, which they spent huge chunks of on share buyback programs. They’d rather spend money on anything that doesn’t help average workers.

You are correct there.