Yes, it's fun - However

Posted: Sep 12th, 2018 - 10:50 am In Reply to: This is always fun... - nm

when the country's debt limit is raised it is to cover money that has already been spent. If we don't raise the debt limit, we default on our loans. Sounds like the typical chicken/egg situation doesn't it?

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Budget deficit - growing again (Views: 331, 2018-09-12, 8:37 am)
- US federal tax revenue is up - nm (Views: 400, 2018-09-12, 8:59 am)
  - This is always fun... - nm (Views: 208, 2018-09-12, 9:02 am)
    - Love that! It was from 2013, but still relevant about - govt spending which never slows down. (Views: 244, 2018-09-12, 9:32 am)
    - Yes, it's fun - However
      - The debt limit just keep going higher and higher. Threaten - a govt shutdown, raise the debt (Views: 192, 2018-09-12, 10:52 am)
  - Just wait until they cancel student loan debt. - nm (Views: 194, 2018-09-12, 10:10 am)
  - Unemployment is down and tax revenues are up because of - tax cuts so companies can hire (Views: 192, 2018-09-12, 10:38 am)
  - Yet the percentage - paid by corporations (Views: 255, 2018-09-12, 10:47 am)
- The CBO, that same organization that assured us that - Obamacare would lower the (Views: 230, 2018-09-12, 9:25 am)
  - The mid-term election timing of the CBO announcement - perfectly coincides with (Views: 281, 2018-09-12, 9:35 am)
  - Just wait until we get the Medicare-for-all hoax. - What's the point of working? (Views: 573, 2018-09-12, 11:33 am)
    - That's the whole point of being a Democrat, isn't it? - ? (Views: 213, 2018-09-12, 11:33 am)
- Fifth highest? Were the other four Obama's? No one - cared then. The numbers have become (Views: 208, 2018-09-12, 9:37 am)
  - No, Obama is currently fifth. - see article (Views: 172, 2018-09-12, 10:04 am)
- Some of them want more tax cuts and are - proposing a bill to do that. (Views: 180, 2018-09-12, 9:42 am)
- Obama never had a budget. He passed Omnibus spending - bills. The country has been deficit (Views: 186, 2018-09-12, 9:55 am)
  - He had to because the pubs vowed to make - him a lame duck. (Views: 212, 2018-09-12, 9:59 am)
    - Obama was always lame anyway. - Still is. (Views: 205, 2018-09-12, 12:23 pm)
      - That is your opinion. The truth is the - pubs vowed to make him a lame duck. nm (Views: 175, 2018-09-12, 2:20 pm)
- Basically we are borrowing money from the Chinese and Saudis - to finance Social Security and Medicare. (Views: 200, 2018-09-12, 10:02 am)