U.S. Debt Ceiling. 31.4 Trillion!

[SAJ-99]

It would probably have to be retitled 26T debt. What do you think the pandemic cost us financially speaking? 5T to date is probably a good estimate.

We have to define "cost". In additional debt? That is a pretty good estimate. Probably an even little low. But what did it prevent in terms of economic contraction and what would that have "cost"? We can't really play what-if games, although politicians love to. The problem now is determining how to pay for that avoidance of a severe contraction without causing a new one. "Default!" sounds like a great political rallying cry, but it would be very expensive as the mandatory stuff doesn't go away.

 

[BigHornRam]

Trump started it back but with strings attached to funding.

Should have never started it back up. Buck stops with Trump.

 

[BigHornRam]

We have to define "cost". In additional debt? That is a pretty good estimate. Probably an even little low. But what did it prevent in terms of economic contraction and what would that have "cost"? We can't really play what-if games, although politicians love to. The problem now is determining how to pay for that avoidance of a severe contraction without causing a new one. "Default!" sounds like a great political rallying cry, but it would be very expensive as the mandatory stuff doesn't go away.

I'm saying if the funding wasn't there to #*^@#* around with bat viruses, the pandemic would have never happened. You should be more upset about what put us in this current situation to begin with.

What's the next crisis? Border anarchy?

 

[noharleyyet]

I'm saying if the funding wasn't there to #*^@#* around with bat viruses, the pandemic would have never happened. You should be more upset about what put us in this current situation to begin with.

What's the next crisis? Border anarchy?

Whatchu mean, (with a straight face), the border is perfect . . .

 

[SAJ-99]

What's the next crisis? Border anarchy?

Yep. Because building a wall is the solution to tens of thousands of people lining up at the crossing guard hut asking for amnesty. It's another issue that neither side really wants to solve. One side can keep their voters in fear of being "overrun" or some BS, and the other side can use it to show how "inhumane" the opponent is. Solutions? No way. Better to keep us all worked up on social media while the rich get richer and the working American pays the bills.

 

[Red-Team 98]

I'm saying if the funding wasn't there to #*^@#* around with bat viruses, the pandemic would have never happened. You should be more upset about what put us in this current situation to begin with.

What's the next crisis? Border anarchy?

Next Crisis
Terrorist Attack possibly!
A turf war will come between the 2 minority groups in US the black and Hispanic unless they join. Cartel along with China support is getting established within the US for a drug poison empire.
I suggest Arm yourself now get a AR and a Glock and enough of ammo for a small war and wait for what is coming. Protect your family / home and business. God bless everyone. All these illegal immigrants have a bill to pay back to the cartel’s and that’s your drug pushers and dealers and everything else.

 

[Treeshark]

That sounds spooky, I am way too soft for that.

 

[Deleted member 28227]

Next Crisis
Terrorist Attack possibly!
A turf war will come between the 2 minority groups in US the black and Hispanic unless they join. Cartel along with China support is getting established within the US for a drug poison empire.
I suggest Arm yourself now get a AR and a Glock and enough of ammo for a small war and wait for what is coming. Protect your family / home and business. God bless everyone. All these illegal immigrants have a bill to pay back to the cartel’s and that’s your drug pushers and dealers and everything else.

I actually liked you better as the XLE guy

 

[Straight Arrow]

Next Crisis
Terrorist Attack possibly!
A turf war will come between the 2 minority groups in US the black and Hispanic unless they join. Cartel along with China support is getting established within the US for a drug poison empire.
I suggest Arm yourself now get a AR and a Glock and enough of ammo for a small war and wait for what is coming. Protect your family / home and business. God bless everyone. All these illegal immigrants have a bill to pay back to the cartel’s and that’s your drug pushers and dealers and everything else.

'Starting to get weird around here with some strange threads/posts ... Susquatch shot placement, armchair debt ceiling economics "experts", grizzly bears on Rainier, the supremist turf war theory, immigrants "pay back" to cartels, and much more. Is there a protocol for putting out the unwelcome mat? .... or do we just fashion our own OnYourOwn tinfoil Stormy Kromers?!

 

[Sytes]

 

[Nick87]

My gut tells me you could tax whatever you want on the estate tax and that deficit wouldn't budge.

 

[Deleted member 28227]

My gut tells me you could tax whatever you want on the estate tax and that deficit wouldn't budge.

100% agree.

 

[VikingsGuy]

My gut tells me you could tax whatever you want on the estate tax and that deficit wouldn't budge.

Yup, like I said, not about the budget. It's about not creating a permanent princeling class.

 

[Deleted member 28227]

Yup, like I said, not about the budget. It's about not creating a permanent princeling class.

My thought has always been that social security should be a safety net not a retirement plan, now I get that messing with it for boomers is problematic as they planned around it, but it seems like we should phase it out for millennials and some GenX. Like beginning 2040 no withdrawals if you have over 1.5MM in assets.

Sorry pivoting convo to how to fix deficit…

Also no more aircraft carriers as apparently they are obsolete.

 

[Mallardsx2]

My thought has always been that social security should be a safety net not a retirement plan, now I get that messing with it for boomers is problematic as they planned around it be seems like we should phase it out for millennials and some GenX. Like beginning 2040 no withdrawals if you have over 1.5MM in assets.

Sorry pivoting convo to how to fix deficit…

Also no more aircraft carriers as apparently they are obsolete.

So I pay into something (against my will) for my entire life and you don’t feel that I’m owed it when I retire because I’m a diligent saver?? Lmfao

How about we start by passing a law that the govt stops giving ss to people who NEVER paid into it in the first place.

 

[Deleted member 28227]

So I pay into something (against my will) for my entire life and you don’t feel that I’m owed it when I retire because I’m a diligent saver?? Lmfao

How about we start by passing a law that the govt stops giving ss to people who NEVER paid into it in the first place.

Social security is expected to become insolvent in 2033… and there are more millennials than boomers, so I’m banking of the fact that no matter what I’m on my own. Assuming I get nothing, no matter what my preference is for the disabled and survivors to be paid out 100%, then the poor.

It’s triage at this point… secular tithing

 

[Red-Team 98]

Now Key Federal Whistle Blower against Biden missing !

New Mexico Shooting 3 Dead News missed saying 18 year old Illegal Immigrant was shooter.

Inter cities now complaining about Illegal Immigrates taking their turf.

 

[DouglasR]

I was very intrigued by what Ross Holstein had to say about this at the last whpc.

 

[SAJ-99]

How about we start by passing a law that the govt stops giving ss to people who NEVER paid into it in the first place.

Absolutely. Get that spouse working. Stay-at-home spouses are practically parasites. Of course don’t ever create a stay-at-home ex spouse after that change because that will just mean more money out of your pocket.

We could also say your withdrawals are limited to the present value of what you paid in. Not sure what people do after that last payment, but screw em.

 

[DouglasR]

@MTGomer @Bambistew
Where I’m from we call this taco salad.
Non alcoholic stela.
23mi bike ride.
1.25 acres of grass.
5 arrows @40.