Price Tag of Bernie Sanders’s Proposals: $18 Trillion

Another point to consider: Government debt isn't SUPPOSED to be paid off. If it gets paid off, then there is no money in the money supply. So people complaining about how long it is going to take to pay down our current debt (or future debts) are barking up the wrong tree.

originally posted by: burdman30ott6

originally posted by: Lysergic
a reply to: burdman30ott6

Ain't feelings special?

...only if we're using the word special in the politically correct fashion as it relates to Corky from Life Goes On.

I believe you, and others, are taking their use of the word feelings out of context and you also resort to an insinuation that it's retarded?

I thought we were trying to have a productive conversation here.

originally posted by: Reallyfolks

originally posted by: greencmp
a reply to: amicktd

Most government debt per person

If you included the unfunded liabilities of 127 trillion coming due over the next couple decades. I believe each taxpayer owes 1.1 million dollars. It's the ugly no one wants to address and why all these 4 year solution based politicians are a failure including everyone currently running and yes Bernie too.

I would find it rather hillarious if everyone got a 1.1 million dollar bilii in their mailboxes. Might wake up and see we have issues with only one possible end result if we don't get off these 4 year proposals. I assume as long as the tv and cell phone work and we have alcohol and drugs in abundance. No one will care until it's too late.

Absolutely, we've actually spent over twice the $22T figure on poverty as well but, these are the undisputed numbers as published and officially agreed upon and they are harrowing.

originally posted by: amicktd

originally posted by: Vasa Croe

originally posted by: amicktd
Personally, I wouldn't care if Bernie's plans cost 100 trillion dollars. At least he makes me feel he cares about the American people and not the corporations.

Every candidate will make you feel something. None ever end up sticking to their word or are ever held accountable by anyone. Sanders isn't where he is because he doesn't care about the corporations.

He would sink the US in debt should he win.

How would he sink the US in debt?

Well let's see, we are already $14 Trillion in the hole and he is proposing another $18 Trillion being spent....I would say that would sink the US economy pretty quick. Taxing that many trillions back out of the American people is insane. Taxes are already crazy for those of us that make a decent amount every year....I pay 40% of my income in taxes....so why don't I get a 24 hour work week? Complete BS already and he wants to tax me MORE? Screw that!

originally posted by: Krazysh0t
Another point to consider: Government debt isn't SUPPOSED to be paid off. If it gets paid off, then there is no money in the money supply. So people complaining about how long it is going to take to pay down our current debt (or future debts) are barking up the wrong tree.

As I post the 18 trillion in debt is small potatoes. The 127 trillion in unfunded liabilities coming due not so much

originally posted by: Krazysh0t
Another point to consider: Government debt isn't SUPPOSED to be paid off. If it gets paid off, then there is no money in the money supply. So people complaining about how long it is going to take to pay down our current debt (or future debts) are barking up the wrong tree.

Excuse me?

Add: That sounded more combative than I intended.

What I mean is, public expenditures are supposed to be settled. The problem is that they are not even when the interest compounds beyond reasonability.

a reply to: tothetenthpower

This was a MAJOR problem between Reagan and Congress in the 80s. Congress wanted to tap the fund, Reagan compromised and allowed it, and Social Security went from a fully funded stand alone to a part of the federal budget almost overnight. Stupidity rules the day yet again in DC.

originally posted by: ManBehindTheMask

originally posted by: amicktd
Personally, I wouldn't care if Bernie's plans cost 100 trillion dollars. At least he makes me feel he cares about the American people and not the corporations.

Great, so feelings now dictate who should be elected instead of reality , sounds like Trump follower logic......

Were screwed

That was a little harsh, but I guess you applied that same Trump follower logic with Rand?

originally posted by: Krazysh0t
Another point to consider: Government debt isn't SUPPOSED to be paid off. If it gets paid off, then there is no money in the money supply. So people complaining about how long it is going to take to pay down our current debt (or future debts) are barking up the wrong tree.

You're wrong. If government debt was paid off, the money in the money supply would be more scarce and, thus, hold it's worth better. The more debt, the higher the inflation, the more the average citizen takes it in the shorts when they attempt to buy groceries, pay their bills, etc.

This quote right here is what really gets me riled up about these idiotic schemes these guys have...all about spending other people's money they worked hard for:

His agenda includes an estimated $15 trillion for a government-run health-care program that covers every American, plus large sums to rebuild roads and bridges, expand Social Security and make tuition free at public colleges.

To pay for it, Mr. Sanders, a Vermont independent running for the Democratic nomination, has so far detailed tax increases that could bring in as much as $6.5 trillion over 10 years, according to his staff.

A campaign aide said additional tax proposals would be offered to offset the cost of some, and possibly all, of his health program. A Democratic proposal for such a “single-payer” health plan, now in Congress, would be funded in part through a new payroll tax on employers and workers, with the trade-off being that employers would no longer have to pay for or arrange their workers’ insurance.

So...they have detailed tax increases for 6.5 Trillion over 10 years, but then in the very next paragraph they say additional tax proposals would be offered to offset the cost of another $15 trillion.....

Call me cynical, but I am tired of people taking my money and using it for crap like this.....they have taken enough. Try forcing medical providers to bring their costs down, or the equipment manufacturers for medical equipment forced to cut their product margin by half...don't tax me for it.

originally posted by: burdman30ott6
a reply to: tothetenthpower

This was a MAJOR problem between Reagan and Congress in the 80s. Congress wanted to tap the fund, Reagan compromised and allowed it, and Social Security went from a fully funded stand alone to a part of the federal budget almost overnight. Stupidity rules the day yet again in DC.

Of course how do people think we got all those balanced budgets in the 90's , we papered the extra social security receipts into the general revenue fund. Kind of Enron like. But hey sounded good, everyone argued it while seeing their ss money fall into the unfunded liability category. It really is a thing of beauty when you can mess with people's money and convince them it was a good thing. It's quite another they will agree and even argue it was

And wait till interest rates start rising.

Then the new debts take longer to pay off.

The entire concept of government debt is one of the main reasons governments fail.

Eventually, everything goes bankrupt.

Oh...and this quote is just priceless:

Mr. Sanders declined a request for an interview. His campaign referred questions to Warren Gunnels, his policy director, who said the programs would address an array of problems. “Sen. Sanders’s agenda does cost money,” he said. “If you look at the problems that are out there, it’s very reasonable.”

So he declines an interview request and has his flunkie state that his agenda costs money but it is a very reasonable amount? Again...so simple to spend other people's money......

originally posted by: Vasa Croe
This quote right here is what really gets me riled up about these idiotic schemes these guys have...all about spending other people's money they worked hard for:

His agenda includes an estimated $15 trillion for a government-run health-care program that covers every American, plus large sums to rebuild roads and bridges, expand Social Security and make tuition free at public colleges.

To pay for it, Mr. Sanders, a Vermont independent running for the Democratic nomination, has so far detailed tax increases that could bring in as much as $6.5 trillion over 10 years, according to his staff.

A campaign aide said additional tax proposals would be offered to offset the cost of some, and possibly all, of his health program. A Democratic proposal for such a “single-payer” health plan, now in Congress, would be funded in part through a new payroll tax on employers and workers, with the trade-off being that employers would no longer have to pay for or arrange their workers’ insurance.

So...they have detailed tax increases for 6.5 Trillion over 10 years, but then in the very next paragraph they say additional tax proposals would be offered to offset the cost of another $15 trillion.....

Call me cynical, but I am tired of people taking my money and using it for crap like this.....they have taken enough. Try forcing medical providers to bring their costs down, or the equipment manufacturers for medical equipment forced to cut their product margin by half...don't tax me for it.

Who are the tax increases on though? Corporations? The rich?

originally posted by: xuenchen
And wait till interest rates start rising.

Then the new debts take longer to pay off.

The entire concept of government debt is one of the main reasons governments fail.

Eventually, everything goes bankrupt.

Robbing Peter (workers) to pay Paul(handouts)

disregard

a reply to: amicktd

Who are they on? Who do you think? Everyone.....you think they are going to make a plan that only taxes corporations and rich people? That is almost as funny as being able to keep your own doctor with Obamacare.....

I am not rich, but I do make a good living. I pay 40% of my income in tax already. I want a freakin break. I don't want to pay for free education and healthcare for those that can't do for themselves. When you start handing out "free" stuff that is actually NOT free because people like me are paying for it, you get a very unhappy group of people who are the ones that are footing the bill.

I would rather vote for Sanders to spend 18 T to build a better country, rather than vote for the others that would spend who knows how much on war, prisons and corporate welfare.

originally posted by: Vasa Croe
a reply to: amicktd

Who are they on? Who do you think? Everyone.....you think they are going to make a plan that only taxes corporations and rich people? That is almost as funny as being able to keep your own doctor with Obamacare.....

I am not rich, but I do make a good living. I pay 40% of my income in tax already. I want a freakin break. I don't want to pay for free education and healthcare for those that can't do for themselves. When you start handing out "free" stuff that is actually NOT free because people like me are paying for it, you get a very unhappy group of people who are the ones that are footing the bill.

You're preaching to the choir.

a reply to: Vasa Croe

Let's take that a bit further.

"I think you should pay for your own roads, police, military (wars), firemen and every other public service paid for by the wealth of the public collective. This isn't because I'm conservative. It's because I'm a regressive asshole."

How does that sound? Doesn't sound very good, does it?

Too many people have no problem with socialist programs when they benefit directly, but then complain about programs that benefit everyone. Socialism is and has been part of this nation and we could use a little more of it. I know you don't like contributing to the prosperity of this country, but you have options. You can move to another nation that practices true conservatism.

Let me know when you find one.