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-   -   President Biden says that 3,500,000,000,000 equals 0. (http://www.striped-bass.com/Stripertalk/showthread.php?t=97668)

scottw 09-29-2021 06:06 AM

Quote:

Originally Posted by Pete F. (Post 1214962)

Republicans passed a $2 trillion tax cut for billionaires and corporations.

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according to Forbes there are 724 billionaires in the US another source says 696....

we should just take a billion form each of them and then we could run the government for how long? at 6.7 trillion/year

Jim in CT 09-29-2021 07:18 AM

Quote:

Originally Posted by Pete F. (Post 1214966)
No what about changes these facts
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pete how come i got a nice tax cut? I’m neither a billionaire nor a corporation?

When you have to resort to blatant lies to defend your beliefs, doesn’t that suggest you have flimsy beliefs?

They doubled the standard deduction. Do you know what that means? Billionaires don’t claim the standard deduction.

Again, you’d really benefit from a basic course in economics/accounting, preferably a course for which the textbook isn’t Chairman Mao’s Little Red Book.
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Jim in CT 09-29-2021 07:20 AM

Quote:

Originally Posted by scottw (Post 1214967)
according to Forbes there are 724 billionaires in the US another source says 696....

we should just take a billion form each of them and then we could run the government for how long? at 6.7 trillion/year

that simple math exercise is literally what made me change from being a registered democrat to a registered republican when i was in my early 20s. It essentially proves irrefutably that the entire concept of liberal economics ( all we need to do is tax the rich a bit more) is nonsense.

I’m not saying the tax code can’t be made more fair. But liberals act as if the marginal rate on zillionaires is the only thing stopping us from pure utopia, when in reality (. it where liberals like to operate) the impact is practically a rounding error.


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Pete F. 09-29-2021 07:26 AM

Quote:

Originally Posted by Pete F. (Post 1214962)
Let’s not overcomplicate this:

$7.8 Trillion of debt added during the Trump administration.

Republicans passed a $2 trillion tax cut for billionaires and corporations.

And now they’re refusing to pay for it.

It’s really that simple.
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Are the numbers wrong?
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Jim in CT 09-29-2021 07:41 AM

Quote:

Originally Posted by Pete F. (Post 1214973)
Are the numbers wrong?
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you’re 100% wrong when you say the tax cut only helped billionaires and corporations. it’s a demonstrable, flat-out lie.

You are 100% correct that republicans only care about the dangers of debt when a democrat is in the white house. 100% correct. What you left out, is that both sides do it.
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detbuch 09-29-2021 07:44 AM

Quote:

Originally Posted by Pete F. (Post 1214973)
Are the numbers wrong?
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borrowing money to pay debt creates a larger debt. This nonsense has to stop.

Pete F. 09-29-2021 08:37 AM

U.S spent 5.8 trillion in Afghanistan & trillions in Iraq. Past time to invest in Americans-infrastructure, technology, child care, education, energy,health, drinkable water etc. Returns will abound in a prospering nation.The rich can pay taxes, they agree
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Jim in CT 09-29-2021 08:59 AM

Quote:

Originally Posted by Pete F. (Post 1214984)
U.S spent 5.8 trillion in Afghanistan & trillions in Iraq. Past time to invest in Americans-infrastructure, technology, child care, education, energy,health, drinkable water etc. Returns will abound in a prospering nation.The rich can pay taxes, they agree
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why is Biden saying it will cost $0? Is he being truthful, or is he lying?

Is there any chance at all, you can answer that question, as I asked it?

We don’t invest in education? Hartford, CT spends approximately $20,000 annually, per student, and the schools suck. My sons catholic middle school costs $5,500 a year and it’s awesome.

Liberals need to get past the mindset that spending more automatically means higher quality. There’s lots of data to suggest that’s totally wrong.
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wdmso 09-29-2021 09:18 AM

Quote:

Originally Posted by Jim in CT (Post 1214987)
why is Biden saying it will cost $0? Is he being truthful, or is he lying?




Posted from my iPhone/Mobile device

Seems your needle is stuck again

Biden on Friday said he would prefer the price tag described as “zero.”

“We pay for everything we spend,” Biden said at the White House. “It’s going to be zero. Zero.”

Yes Jim Zero if it’s paid for it will add zero to the debt…. Why is it so hard for you to read between the lines ..

but you actually think he means Zero who’s being disingenuous here you or Biden
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Jim in CT 09-29-2021 09:46 AM

Quote:

Originally Posted by wdmso (Post 1214990)
Seems your needle is stuck again

Biden on Friday said he would prefer the price tag described as “zero.”

“We pay for everything we spend,” Biden said at the White House. “It’s going to be zero. Zero.”

Yes Jim Zero if it’s paid for it will add zero to the debt…. Why is it so hard for you to read between the lines ..

but you actually think he means Zero who’s being disingenuous here you or Biden
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"Yes Jim Zero if it’s paid for it will add zero to the debt…. Why is it so hard for you to read between the lines .."

First, there is a big difference between something costing $0, and something adding $0 to the debt. He seems to be conflating those two things.

Second, if it's going to be paid for, where does the $3.5T come from, exactly?

Pete F. 09-29-2021 09:54 AM

Quote:

Originally Posted by Pete F. (Post 1214922)
The top-line figure is $3.5 trillion. That's a package of investments that could bring $2 trillion in new revenue and savings, yielding net cost of $1.5 trillion over 10 years. Annualized, that amount is less than three Pentagon contractors got last year.
And remember, we are out of Afghanistan
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Biden comes closer than most politicians

I’m sure some will trickle in.
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detbuch 09-29-2021 10:39 AM

Quote:

Originally Posted by Pete F. (Post 1214922)
The top-line figure is $3.5 trillion. That's a package of investments that could bring $2 trillion in new revenue and savings, yielding net cost of $1.5 trillion over 10 years. Annualized, that amount is less than three Pentagon contractors got last year.
And remember, we are out of Afghanistan

"could bring" . . . "over 10 years"--sounds iffy and sketchy. Sounds like the same rosy possibilities that have been forecast for previous spending bills, but the debt somehow kept rising anyway. Getting out of Afghanistan maybe, possibly, coulda woulda shouda, save us money, or cost us in aftermath problems which will cost more money again.

And getting out of something doesn't guarantee that we won't get into more somethings. And many of us have stopped believing government's rosy promises/lies.


U.S spent 5.8 trillion in Afghanistan & trillions in Iraq. Past time to invest in Americans-infrastructure, technology, child care, education, energy,health, drinkable water etc. Returns will abound in a prospering nation.The rich can pay taxes, they agree

And that "Past time to invest" thingy is the getting into more somethings that is guarantied to happen unless the federal government actually gets out of most of those things and constitutionally lets the states do them.

Ain't gonna happen unless the federal government is forced to massively cut spending instead of spending beyond its means. And constant borrowing is not a feasible means.

And the money it borrows to do wonderful sounding things (for which it was not constitutionally designed to do) winds up in the pockets of the rich and powerful who you claim is strangling the government. (With various kickbacks to the political Mafia, of course.)

wdmso 09-29-2021 12:06 PM

Quote:

Originally Posted by Jim in CT (Post 1214991)
"Yes Jim Zero if it’s paid for it will add zero to the debt…. Why is it so hard for you to read between the lines .."

First, there is a big difference between something costing $0, and something adding $0 to the debt. He seems to be conflating those two things.

Second, if it's going to be paid for, where does the $3.5T come from, exactly?

Jim it’s just odd what comments you take literally and the comments you take as Hyperbole..

They do seem to be one sided
Posted from my iPhone/Mobile device

Jim in CT 09-29-2021 12:15 PM

Quote:

Originally Posted by wdmso (Post 1214996)
Jim it’s just odd what comments you take literally and the comments you take as Hyperbole..

They do seem to be one sided
Posted from my iPhone/Mobile device

so when biden said it costs zero dollars, it’s “hyperbole” if i don’t interpret that, as him saying it will only cost 1.5 trillion dollars? or something?

how about his promise to cure cancer? was that also hyperbole?
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Pete F. 09-29-2021 12:29 PM

Well since Biden supporting counties generate 70% of the GDP and I’d assume a commensurate portion of taxes, I find it laughable that the 30% contributors are so concerned about their minority share of taxation increasing.
They are quite willing to live in taking states
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Pete F. 09-29-2021 12:35 PM

Quote:

Originally Posted by Jim in CT (Post 1214951)
no it’s not. it’s about two democrat senators who (1) want to remain senators, and (2) know that they represent purple states, not blue
states.
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Activists who helped elect Kyrsten Sinema launch PAC to fund a primary challenger against her
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Jim in CT 09-29-2021 01:29 PM

Quote:

Originally Posted by Pete F. (Post 1214999)
Activists who helped elect Kyrsten Sinema launch PAC to fund a primary challenger against her
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she ran as a moderate. AZ wasn’t ready to elect Bernie Sanders. maybe now they are.

go ahead and primary challenge her, that’s how the system
works.
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Pete F. 09-29-2021 07:31 PM

A catastrophic failure of US journalism and politics is that something like Biden's 10-year, $3.5 trillion infrastructure bill is not called a $350 billion annual bill...but the Pentagon's budget, which will exceed $7.5 trillion over a decade, is called a $750 billion annual bill
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Pete F. 09-29-2021 07:33 PM

Manchin and Sinema say they won’t vote for a $3.5 trillion infrastructure bill.

The US war budget doesn’t go down, not even after we allegedly end wars. It was bigger than ever this year. $7.5 trillion is the floor for what it will be over the next decade—and both voted for it.
Posted from my iPhone/Mobile device

Pete F. 09-29-2021 08:46 PM

Meanwhile one should ask, when will Ted Cruz and Josh Hawley get a subpoena for their actions on January 6th?

Asking for a friend
Posted from my iPhone/Mobile device

detbuch 09-29-2021 08:59 PM

Quote:

Originally Posted by Pete F. (Post 1215016)
Meanwhile one should ask, when will Ted Cruz and Josh Hawley get a subpoena for their actions on January 6th?

Asking for a friend
Posted from my iPhone/Mobile device

Tell your friend that his/her/its question is off topic.

scottw 09-30-2021 04:01 AM

Quote:

Originally Posted by Pete F. (Post 1215012)

A catastrophic failure of US journalism and politics is that something like Biden's 10-year, $3.5 trillion infrastructure bill is not called a $350 billion annual bill...

Posted from my iPhone/Mobile device

they should definitely be government censored in the future perhaps jailed for armed digital insurrection...or at least insubordination

Pete F. 09-30-2021 06:37 AM

Joe Biden received more votes in his election than any other presidential candidate in history. The American people overwhelmingly support his agenda. Its time for Congress to do the same.
Posted from my iPhone/Mobile device

scottw 09-30-2021 07:40 AM

Quote:

Originally Posted by Pete F. (Post 1215023)
Joe Biden received more votes in his election than any other presidential candidate in history. The American people overwhelmingly support his agenda. Its time for Congress to do the same.
Posted from my iPhone/Mobile device

yup....clearly treasonous behavior by the media and those that don't support our great president...

scottw 09-30-2021 07:43 AM

Quote:

Originally Posted by Pete F. (Post 1215023)
J

The American people overwhelmingly support his agenda.


Posted from my iPhone/Mobile device

define "overwhelmingly"

scottw 09-30-2021 07:46 AM

pete apparently got the memo the biden admin is circulating...
this is the best line

the memo states. "And because President Biden’s plan is fully paid for, we can do this with a price tag of $0." :rotf2:

Jim in CT 09-30-2021 08:03 AM

Quote:

Originally Posted by Pete F. (Post 1215023)
Joe Biden received more votes in his election than any other presidential candidate in history. The American people overwhelmingly support his agenda. Its time for Congress to do the same.
Posted from my iPhone/Mobile device

the american people overwhelmingly didn’t like Trumps personality, and agreed to the moderate agenda that Biden ran on.

if they wanted a progressive liberal agenda, the senate wouldn’t be 50-50. The people of AZ and WV didn’t elect moderate senators to transform the country. if thats what the democrats want, then nominate candidates who say that up front and see how they do in november.
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scottw 09-30-2021 08:05 AM

I'm trying to remember the last time democrat proposals, plans, spending cost less than they promised....not even "one dime down" ....this is truly HISTORIC ! :uhuh:

scottw 09-30-2021 08:08 AM

Quote:

Originally Posted by Jim in CT (Post 1215029)

the american people overwhelmingly

Posted from my iPhone/Mobile device

a majority of americans don't believe biden is mentally sharp...he'll probably step on the gas thinking it's the brake but we'll give him the keys anyway :)

Jim in CT 09-30-2021 08:11 AM

Quote:

Originally Posted by scottw (Post 1215031)
a majority of americans don't believe biden is mentally sharp...he'll probably step on the gas thinking it's the brake but we'll give him the keys anyway :)

his current approval ratings aren’t exactly a ringing endorsement.

we’re not a left wing country at the moment.
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