JAX, Florida Elects A Democratic Mayor

[Rajoo]

Raising of the debt ceiling is an annual ritual and remains so.
But every once in a while, the idiotic reactionary wing of the GOP rears it ugly head and sabotages the economy. Question is why and its rhetorical. Idiots will be idiots and they don't have the balls to control spending at the budget or appropriations level.

These idiots vote against spending and then take credit when it is approved over their own objections.

[Dondilion]

Originally Posted by Rajoo

Raising of the debt ceiling is an annual ritual and remains so.
But every once in a while, the idiotic reactionary wing of the GOP rears it ugly head and sabotages the economy. Question is why and its rhetorical. Idiots will be idiots and they don't have the balls to control spending at the budget or appropriations level.

These idiots vote against spending and then take credit when it is approved over their own objections.

With the ballooning debt, there is a need for a serious attitude to the ceiling. The ceiling should engender fiscal discipline. I agree the Republicans by and large are posturing, but at least they are drawing attention to continuing bad practices.

[donquixote99]

Originally Posted by Dondilion

With the ballooning debt, there is a need for a serious attitude to the ceiling. The ceiling should engender fiscal discipline. I agree the Republicans by and large are posturing, but at least they are drawing attention to continuing bad practices.

Is that what you will say when they crash the economy? They were political gangsters and thugs who tried to grab unearned power by holding the US and world economy hostage, costing us all untold billions and trillions, but at least they were calling attention to certain bad practices?

[Rajoo]

Originally Posted by Dondilion

With the ballooning debt, there is a need for a serious attitude to the ceiling. The ceiling should engender fiscal discipline. I agree the Republicans by and large are posturing, but at least they are drawing attention to continuing bad practices.

Ceiling is just a final tally of the amount authorized to borrow and is based on the final (deficit) spending and its after the fact. It's the spending that needs to be managed line item by line item during budget negotiations and then revenues need to be addressed to support the spending. But these are seldom done which then creates an annual debt ceiling crisis.

[donquixote99]

Originally Posted by Rajoo

Ceiling is just a final tally of the amount authorized to borrow and is based on the final (deficit) spending and its after the fact. It's the spending that needs to be managed line item by line item during budget negotiations and then revenues need to be addressed to support the spending. But these are seldom done which then creates an annual debt ceiling crisis.

Only because we choose to inflict this 'debt ceiling crisis' upon ourselves. In sensible countries, spending is decided upon, and revenue is decided upon, and the debt is what results, no meaningless ceiling exists.

[Dondilion]

Originally Posted by donquixote99

Is that what you will say when they crash the economy? They were political gangsters and thugs who tried to grab unearned power by holding the US and world economy hostage, costing us all untold billions and trillions, but at least they were calling attention to certain bad practices?

Both sides have participated in a massive printing spree and have only been saved by the fact the dollar is the reserved currency of the world.

[donquixote99]

If you compare the US economy to other global economies, we can afford it. And even if there is an issue. that makes the gangsters now holding the economy hostage the good guys?

[Mark B]

Originally Posted by Dondilion

With the ballooning debt, there is a need for a serious attitude to the ceiling. The ceiling should engender fiscal discipline. I agree the Republicans by and large are posturing, but at least they are drawing attention to continuing bad practices.

Repubs are certainly experts when it come to bad practices.

• Refusal to tax sufficiently to pay for necessary programs? Repubs see NO PROBLEM.

• Pollution and climate change causing havoc? Repubs see NO PROBLEM.

• Lack of banking and market regulations AND (oh so clever of Repubs) enforcement understaffed & underfunded? Repubs see NO PROBLEM.

• Infrastructure turned to shit? Repubs see NO PROBLEM

[Rajoo]

Originally Posted by Mark B

Repubs are certainly experts when it come to bad practices.

• Refusal to tax sufficiently to pay for necessary programs? Repubs see NO PROBLEM.

• Pollution and climate change causing havoc? Repubs see NO PROBLEM.

• Lack of banking and market regulations AND (oh so clever of Repubs) enforcement understaffed & underfunded? Repubs see NO PROBLEM.

• Infrastructure turned to shit? Repubs see NO PROBLEM

And then the dumb shit idiots knee cap IRS making it easy for well heeled people to avoid paying their fair share of taxes. Dumb.

And here is another kicker from the very same dumb shit idiots.

It is in this climate that Citizens Against Government Waste (CAGW) releases the 2023 Congressional Pig Book. This year's release exposes 7,396 earmarks, an increase of 43.9 percent from the 5,138 in FY 2022, at a cost of $26.1 billion, an increase of 38.1 percent from the $18.9 billion in earmarks in FY 2022.

https://www.cagw.org/reporting/pig-b...n%20FY%202022.

[Oerets]

Close to the top of the list of debts the government owes. Money borrowed from all of the workers Social Security payroll deductions since 1940.

The problem now is arising, less will be coming in then goes out a month. When it was more the extra was borrowed instead of raising taxes.

Wanna bet on the who will get stiffed?