U.S. Debt Ceiling. 31.4 Trillion!

[SAJ-99]

Bob busted his but and built a brand that Sally believed in, she improved upon it and made it prosper further. Bob enjoys the shade of a tree that he planted much earlier.

It’s like we are on the Masked Singer. Peter Thiel, is that you?

 

[BigHornRam]

Bob busted his but and built a brand that Sally believed in, she improved upon it and made it prosper further. Bob enjoys the shade of a tree that he planted much earlier.

Better scenario than Bob busting his butt. Selling it to dirty Ernie on terms then having to take it back after Ernest ran it into the dirt.

+10 points for selling it to Sally!

 

[noharleyyet]

It’s like we are on the Masked Singer. Peter Thiel, is that you?

Even the product of a Texas public schol education understood Handlebar's allegory...

 

[DouglasR]

How the hell can you have all these answers to the worlds financial woes and not afford a house in Michigan?
How are you not a billionaire?

 

[DouglasR]

I would just think, if you knew the answer to literally everything, you’d have some money laying around.

 

[SAJ-99]

How the hell can you have all these answers to the worlds financial woes and not afford a house in Michigan?
How are you not a billionaire?

Is there really a definitive answer to anything? That is the question.

 

[more_cowbell]

Is there really a definitive answer to anything? That is the question.

That question itself might require a yes or no answer... (jk)

 

[Buffs35]

I mean fair but that could mean the ranch sells with zero taxes involved.



My point is that with 5MM in cash in your bank account you can make running cattle a hobby not a business.

No one expects you to be able to pass down any other type of family business no strings attached I'm not sure why a farm should have a carve out.

Family car dealership? Bank? Hotel chain?

I get the fact that folks have nostalgia about this topic, I just don't.

I'm fine with the government taking a bite out of none of the above.

 

[Red-Team 98]

Bob gets a divorce his wife gets 50%.
Bob is Ubering for extra cash.

 

[noharleyyet]

Bob gets a divorce his wife gets 50%.
Bob is Ubering for extra cash.

Bob gets a 1099-K

 

[Deleted member 28227]

I'm fine with the government taking a bite out of none of the above.

Which is the entire reason the debt ceiling fiasco has been going on for decades. No one wants to pay, but no one wants to cut there stuff either.

 

[Handlebar]

Which is the entire reason the debt ceiling fiasco has been going on for decades. No one wants to pay, but no one wants to cut there stuff either.

No one wants to pay more when government cannot make cuts and in fact continues to spend more.

 

[Straight Arrow]

No one wants to pay more when government cannot make cuts and in fact continues to spend more.

Not necessarily true. 'Depends on what it's for. It's difficult for anyone aware and knowledgeable to deny that there is more untapped wealth in this nation than can even be computed. Correspondingly, there are untold huge numbers of entities who don't contribute anything to programs, infrastructure, security, and services which benefit them ... and they are extremely wealthy!

'Don't even imagine I could come up with a fair and equitable solution, but do know the system is currently egregiously flawed.

 

[Deleted member 28227]

No one wants to pay more when government cannot make cuts and in fact continues to spend more.

I think Social Security is kinda the perfect example here.

It's a super easy issue, it's insolvent because more goes out then comes it.
So either we need to pay more social security taxes or reduce benefits or both.

Not rocket science.

No one wants to pay more or have their benefits reduced, so no matter which party is in office nothing happens.

My earlier post was the only reasonable correct answer. Reduce and eliminate benefits for payers who don't need it, I'd be happy to continue paying what I'm paying and get nothing to make sure survivor/disabled/and impoverished elderly got benefits. Most people aren't worried about others they're worried about themselves, and that's reflected in our congress.

Our politics is no longer a conversation about what's best for Americans, it's what's best for me, and then my team, and screw everyone else.

 

[Buffs35]

Which is the entire reason the debt ceiling fiasco has been going on for decades. No one wants to pay, but no one wants to cut there stuff either.

I'd be fine to raise tax rates if they were required to cut spending by the same metric. I don't care about their stuff.

 

[Straight Arrow]

I don't care about their stuff.

You nailed it! Prevalent attitude which pervades is "I just care about MY stuff!"

 

[VikingsGuy]

I think Social Security is kinda the perfect example here.

It's a super easy issue, it's insolvent because more goes out then comes it.
So either we need to pay more social security taxes or reduce benefits or both.

Not rocket science.

No one wants to pay more or have their benefits reduced, so no matter which party is in office nothing happens.

Pretty much sums it up.

 

[Derek44]

Bob gets a divorce his wife gets 50%.
Bob is Ubering for extra cash.

Don’t be like Bob

 

[noharleyyet]

 

[SAJ-99]

I think Social Security is kinda the perfect example here.

It's a super easy issue, it's insolvent because more goes out then comes it.
So either we need to pay more social security taxes or reduce benefits or both.

Not rocket science.

No one wants to pay more or have their benefits reduced, so no matter which party is in office nothing happens.

My earlier post was the only reasonable correct answer. Reduce and eliminate benefits for payers who don't need it, I'd be happy to continue paying what I'm paying and get nothing to make sure survivor/disabled/and impoverished elderly got benefits. Most people aren't worried about others they're worried about themselves, and that's reflected in our congress.

Our politics is no longer a conversation about what's best for Americans, it's what's best for me, and then my team, and screw everyone else.