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WarGamer

(18,045 posts)

21. Democrats should scaremonger the debt... to illustrate how the wealthy are cheating.

Reply to dawg (Reply #16)

Wed May 24, 2023, 11:07 PM

May 2023

"The US is 31 trillion dollars in debt because GOP politicians are in bed with billionaires and refuse to tax them fairly."

"That's $250k for each and every school teacher, auto mechanic and police officer in the country.

Why should hard working folks be on the line for the bills the wealthy should be paying?"

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The National Debt... is it a long term problem? [View all] WarGamer May 2023 OP

Problem Is... ProfessorGAC May 2023 #1

If we can start from "break even"... WarGamer May 2023 #2

I'm Ok With That ProfessorGAC May 2023 #6

A balanced budget is not what we should aim for. dawg May 2023 #3

But to spend a trillion dollars a year to serive the debt... WarGamer May 2023 #4

If we can borrow at 4%, and grow the economy at 5%, we are better off. dawg May 2023 #7

I think you're missing my point. WarGamer May 2023 #9

Under your scenario, the investments are paid for inefficiently and the economy suffers. dawg May 2023 #10

I hear ya... WarGamer May 2023 #11

Better to tax the wealthy than the middle class, for sure, but ... dawg May 2023 #13

John Oliver did an interesting segment about the debt a year or two ago stumpysbear May 2023 #5

entertaining but not how an Econ professor would see it. WarGamer May 2023 #8

A balance budget is a reasonable target, but a horrible rule. unblock May 2023 #12

A balanced budget requirement could turn recessions into depressions. dawg May 2023 #15

That's it exactly. unblock May 2023 #18

I'm cool with that... WarGamer May 2023 #20

It Does Not Seem To Be, Sir The Magistrate May 2023 #14

Conservatives scaremonger the debt in order to push for cuts to social programs. dawg May 2023 #16

Exactly, Sir The Magistrate May 2023 #17

Caring about th enational debt is patriotic and smart... WarGamer May 2023 #19

Democrats should scaremonger the debt... to illustrate how the wealthy are cheating. WarGamer May 2023 #21