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By that standard do you think Obama did a good job?
Yes.
Edit: He inherited the 2008 financial crisis and after the end of his 2 Terms, there wasn't.
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By that standard do you think Obama did a good job?
Yes.
Edit: He inherited the 2008 financial crisis and after the end of his 2 Terms, there wasn't.
The crux of Perot's failed campaigns was the debt. Back when it was a small handful of trillions. By the genius of white male economists, the debt has been made obsolete, magically never coming due. Genius scientists in the US Navy have patented and perhaps are flying devices that defy the law of gravity. Humans have become god-like, transcending all limitations.You may want to look at when the deficit increases the most.
https://howmuch.net/articles/usa-debt-by-president
He spent us out of the recession, so while it worked in the short term, it has screwed us in the long term.
It is very worrying that this isn't the biggest issue of the election.
You may want to look at when the deficit increases the most.
https://howmuch.net/articles/usa-debt-by-president
He spent us out of the recession, so while it worked in the short term, it has screwed us in the long term.
It is very worrying that this isn't the biggest issue of the election.
I did not see any other way to get out of that recession though. What would Trump have done? My guess is blaming Bush for everything.
But that said, Trump is not reducing that deficit is he now? And he isnt even having to handle a financial crisis.
Honestly I dont know, which is why I'm in HVAC and not finance.
Why do you always assume that just because someone is criticizing someone that isn't Trump that they must be pro-Trump?
This is an insanely huge issue that should be priority #1 and so far it seems like every candidate is focusing on everything but the deficit apart from growing it.
The deficit really isnt that big of an issue as you think.
But to adress the issue nonetheless, the problem is that candidates cant advocate to raise taxes to help pay for that deficit, it will kill their election chances. People want to reduce the deficit, have a strong military, good healthcare and good education and less tax. That just doenst go together.
If we keep putting off dealing with it, it will be though.
We could probably have all those things and reduce the deficit if they would just get off their 🤬 and make all the government programs more efficient. Not to mention things like military could easily be reduced with minimal problems and have that money redirected into other areas that need it.
With the deficit now, the US is falling behind badly. Assuming it is a serious problem means reducing existing commitments, generating more tax revenue, or devaluation of the dollar. Those are the choices.
Those are very good and supremely difficult questions. Congratulations.What is going to impact the economy the least though? Higher taxes on the wealthy or budget cuts on healthcare, education and/or wellfare? Printing even more dollars will be bad for the economy? What do you think the future US administration should do?
The taxation doesn’t even need to be super high, just effective; meaning targeted well and tax avoidance, loopholes and evasion needs to be addressed. The super rich hoarding their cash only stagnates the economy.America is in a debt trap, in order to pay it off they will have to crash their economy by either cutting spending(the amount of jobs linked to Government funds are stupid high especially the military). Or raising taxes to the point the revenue they get is enough to start taking out of the defict. The problem in that is without major cuts the taxation will be super high and be a major drag on the economy likely forcing the Fed to cut interest rates which sure they can do but there is only a tiny buffer before they are at zero again.
There is the 3rd way to pay off the debt which is inflation via QE, but then your risking the US Dollar Reserve currency status(It's already on shaky ground as China and Russia have been adding pressure to change to Gold for Trade) which America can not afford to risk at all, if that ever happens the US will experience instant Hyper inflation when you have Trillions of Dollars that where outside the domestic
system being dumped into it, this Scenario will be the worst Outcome and likely finish off America as a World leading Economy.
Those are very good and supremely difficult questions. Congratulations.
My personal opinion is that all options will have their respective negative effects as well as the obviously necessary benefit of avoiding default on the debt. Cuts in promised benefits to the people could cause riots in the street and politicians thrown to the curb on massive scale. If I could choose it would be higher taxes on the very wealthy, including corporations. But as you are aware, the very wealthy are in the highest positions of influence and authority and they will seriously resist any inroads into their position. Corporations will want to flee abroad. The best solution is to grow (expand) the overall economy (GDP) so that greater tax revenues accrue to the government without increasing rates. This will be very difficult to do. Currently Trump is beating on the Fed to reduce interest rates to stimulate growth, but they are resisting doing very much in that direction, fearful of facing another catastrophic recession with no ammunition with which to fight it. IMO, total catastrophe looms in the event of devaluation and massive printing. In the past, genius white male economists and central bankers have found ways to magically levitate the economy with clever and adroit machinations and sleight of hand. I hope they can do it again, but they will need bigger magic next time. We have returned to robber baron capitalism last seen in the 19th Century. We are in real trouble.
How are you proposing to raise wages in the first place? Increase federal minimum wage? Have you not seen the reaction from companies when faced with this issue already? And how is it to reduce government spending by people "making" more money? This makes zero sense altogether and does not account for the jobs that will be ended due to it.In my opinion the solution is and should be redistribution of wealth. Meaning higher taxes for the more wealthy and higher wages for the mid/lower income. This will eventually reduce goverment spending (while increase revenue).
Or... If you don't have said social welfare programs, or you are actually creating a program that truly benefits those who are in actual need, the reduced spending towards these programs can be put elsewhere. If you spent 5 billion/yr on social welfare programs, while say 15% of those on said programs no longer qualify for whatever reason, but are still on the plan, the removal of the participants warrants reduction of the plan. It doesn't need a surplus of funding to operate. And you say "unless you increase revenue", what difference will that make if you just allocate more funding towards these programs regardless since the current state is so poorly managed.It is an unpopular opinion for many americans, but cutting programs that benefit the lower income and vulnarable will not reduce the deficit if you dont increase revenue.
You haven't actually proposed a single thing that will reduce spending. To reduce spending, you cut down on programs, reduce the budget, and allocate funding in more efficient ways. Creating higher taxes for only a handful of people in the country while "reducing" (because we all know how well that goes over if A.) You have a Job B.) You pay taxes C.) You're not on social welfare programs) taxes for the largest pool of income that the government has at hand... doesn't solve an issue of government spending. That's down to policy.This will ultimately reduce government spending and will even lower taxes. Letting the rich get richer (while paying less tax then the mid/lower income in % not in absolute) does not "trickle down".
How are you proposing to raise wages in the first place? Increase federal minimum wage? Have you not seen the reaction from companies when faced with this issue already? And how is it to reduce government spending by people "making" more money? This makes zero sense altogether and does not account for the jobs that will be ended due to it.
Or... If you don't have said social welfare programs, or you are actually creating a program that truly benefits those who are in actual need, the reduced spending towards these programs can be put elsewhere. If you spent 5 billion/yr on social welfare programs, while say 15% of those on said programs no longer qualify for whatever reason, but are still on the plan, the removal of the participants warrants reduction of the plan. It doesn't need a surplus of funding to operate. And you say "unless you increase revenue", what difference will that make if you just allocate more funding towards these programs regardless since the current state is so poorly managed.
You haven't actually proposed a single thing that will reduce spending. To reduce spending, you cut down on programs, reduce the budget, and allocate funding in more efficient ways. Creating higher taxes for only a handful of people in the country while "reducing" (because we all know how well that goes over if A.) You have a Job B.) You pay taxes C.) You're not on social welfare programs) taxes for the largest pool of income that the government has at hand... doesn't solve an issue of government spending. That's down to policy.
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According to this article Google admitted it.What evidence do they have to actually show that the account was suspended?
According to this article Google admitted it.
https://techcrunch.com/2019/07/25/tulsi-gabbard-sues-google-over-suspended-ads/?renderMode=ie11
Cue The Ventures, "Wipeout". For some reason I find her seriously attractive. Uh, politically.Just posted the same thing in the First Amendment Thread. I hope she wins, not a fan of google anymore. They are cruising for the Anti-trust hammer too.
Hope she rides this wave right over google.
What evidence do they have to actually show that the account was suspended?
According to this article Google admitted it.
https://techcrunch.com/2019/07/25/tulsi-gabbard-sues-google-over-suspended-ads/?renderMode=ie11
Just posted the same thing in the First Amendment Thread. I hope she wins, not a fan of google anymore. They are cruising for the Anti-trust hammer too.
Hope she rides this wave right over google.
At what point do we get to a situation where a Single Company that has nearly 90% of internet traffic, Blocks someone without a proven reason, do we say it's not okay.It's not a free speech issue. Google's search results are Google's speech, not hers. And they say her account was suspended because of suspicious activity, which they flagged as fraudulent. Seems legit tbh.
I think she's grandstanding to get attention. Probably smart.
At what point do we get to a situation where a Single Company that has nearly 90% of internet traffic, Blocks someone without a proven reason, do we say it's not okay.
Whatever it takes to get people to use bing. That's the point at which it becomes not ok.
^ This. You have a choice.Whatever it takes to get people to use bing. That's the point at which it becomes not ok.
^ This. You have a choice.
Progressives will go bat-**** crazy about this probably and yet when it comes to them and experiencing universal healthcare (which most have never) I'd love to see their faces when it doesn't work out for them.
I'll also say that Google has their back's covered on this as well. It's a legitimate concern that they may have to see if it was fraudulent or not. I doubt anything bad will come to them from this one issue. Also, on what terms of "discrimination" does she have proof of versus those who were not flagged and suspended? I know the dem's are quite diverse this cycle so it's quite comical to raise this as her issue.