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

originally posted by: NihilistSanta

originally posted by: amicktd
I see all the Republicans left

What happened to the OP?

Lunch break over and back to work. Some of us have to support the rest of you

Not working hard enough I guess. I'm debating and managing a computer network at the same damn time.

a reply to: greencmp

There is a difference between public versus private loans. Private loans are supposed to be paid off, but public ones being fully paid off would be an economic disaster.

originally posted by: amicktd

originally posted by: NihilistSanta

originally posted by: amicktd
I see all the Republicans left

What happened to the OP?

Lunch break over and back to work. Some of us have to support the rest of you

Not working hard enough I guess. I'm debating and managing a computer network at the same damn time.

LOL, well if you are doing the "managing a computer network" right then all you should be doing is debating....I used to do the same thing and as long as I got it right I did not have a whole lot to do.....

a reply to: amicktd

I care about every single homeless person I see, but at some point, I have to face the hard, cold truth that I simply do not have enough money to make all of them whole. At some point, I have to stop and care for myself or else I join them and become another statistic looking for a handout.

originally posted by: Vasa Croe

originally posted by: amicktd

originally posted by: NihilistSanta

originally posted by: amicktd
I see all the Republicans left

What happened to the OP?

Lunch break over and back to work. Some of us have to support the rest of you

Not working hard enough I guess. I'm debating and managing a computer network at the same damn time.

LOL, well if you are doing the "managing a computer network" right then all you should be doing is debating....I used to do the same thing and as long as I got it right I did not have a whole lot to do.....

Exactly

I think my biggest problem with taxes in general is that I have no say at all where they go....someone else is spending my money on what they want. Maybe the government should give us the option of allocating our taxes to where WE want them to go based on the programs offered. I am MUCH more likely to be ok with taxes if I am able to decide, based on a number of choices, where my tax dollars go.

originally posted by: Krazysh0t
a reply to: greencmp

There is a difference between public versus private loans. Private loans are supposed to be paid off, but public ones being fully paid off would be an economic disaster.

I thought this was one of the things pretty much everybody agreed on.

The interest we pay on public debt is the crisis and it goes to crony bankers. I think you are conflating some Keynesian inflation schemas with maintaining debt.

originally posted by: Krazysh0t
a reply to: greencmp

There is a difference between public versus private loans. Private loans are supposed to be paid off, but public ones being fully paid off would be an economic disaster.

That's an interesting take on it. If that's your view then what's the number that defines the sweet spot? How much is a good number before interest payments on that debt eat up so much of a yearly budget that the effects are negative?

Also how does the realities of debt based on a fiat monetary supply make the debt better or worse?

a reply to: greencmp

No I am talking about how our money supply works. Our entire money supply is an IOU. Every bill in your pocket is money owed to some other entity. If the debt is repaid, then those dollars wouldn't exist. That is how our fiat system is setup.

a reply to: Reallyfolks

Well there is no official point where the debt to gdp ratio should be aligning, but the EU says that it should be below 60%. Though right now the US is at 102.98%, so it's not great. But then again, there are countries with MUCH worse debt-to-gdp ratios and they are getting by just fine.

originally posted by: Krazysh0t
a reply to: Reallyfolks

Well there is no official point where the debt to gdp ratio should be aligning, but the EU says that it should be below 60%. Though right now the US is at 102.98%, so it's not great. But then again, there are countries with MUCH worse debt-to-gdp ratios and they are getting by just fine.

And add 127 trillion in unfunded liabilities coming due the next 25 years, how does that change the economic landscape? Debt, unfunded liabilities, and so on?

originally posted by: introvert
a reply to: ManBehindTheMask

Ron Pauls tax plan would finally start to pay off the debt, and reduce the size of gov to manageable levels, all while increasing the income Americans actually get to keep resulting in a boom........

Im with Rand

Those are Ron Paul's ideas, not Rand's. Rand is the one whom sold his father out in the last presidential election to endorse Romney. Remember that?

He endorsed romney when his father didnt get the nomination, thats kind of how it works......

yes he and his dad both worked on this Tax plan, hes said that........

Besides the nitpicking, what does that actually have to do with the plan

its a sound plan

originally posted by: amicktd

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?

Nope, I follow Rand because his voting history, and his actions are backed up by what he says.......unlike trump, who resembles a waffle maker, appeals to the lowest common denominator with bombastic rhetoric, whith NOTHING to back his words up

but hey thanks for trying

$18 trillion ... makes my brain hurt just thinking about it.

I just don't see how anyone sane could even think that's a good idea.

a reply to: Reallyfolks

You can't. We have no way of knowing what the GDP will be over the next 25 years. It would be dishonest to do any calculations with the current GDP because it is guaranteed to be MUCH different over that time span. While I find that figure to be worrisome, I certainly cannot just pretend our economy won't grow in the slightest over the next 25 years to match that number either.

originally posted by: Krazysh0t
a reply to: Reallyfolks

You can't. We have no way of knowing what the GDP will be over the next 25 years. It would be dishonest to do any calculations with the current GDP because it is guaranteed to be MUCH different over that time span. While I find that figure to be worrisome, I certainly cannot just pretend our economy won't grow in the slightest over the next 25 years to match that number either.

Unfunded liabilities are a separate issue from the debt.

a reply to: Vasa Croe

You do realize that there are over 7 billion people on Earth, right? There are only 1,645 billionaires, and nearly a third (536) are from America. So we have a huge chunk of the world's wealthiest people, yet we have this glaring income inequality issue?

It's not about not working and having the government pay for everything. It's about a rigged system written by, paid for by, and benefiting the wealthiest among us.

originally posted by: introvert
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."

OK, I'm fine with that. Let's do it!

a reply to: Reallyfolks

It's future debt to be accrued. It may not be current debt, but it IS debt that will eventually be added to our total debt.

originally posted by: MystikMushroom
a reply to: Vasa Croe

You do realize that there are over 7 billion people on Earth, right? There are only 1,645 billionaires, and nearly a third (536) are from America. So we have a huge chunk of the world's wealthiest people, yet we have this glaring income inequality issue?

It's not about not working and having the government pay for everything. It's about a rigged system written by, paid for by, and benefiting the wealthiest among us.

And that's a fair statement, but when billionaires and businesses are using the power of the government to create laws that benefit themselves and people only get upset when the other sides billionaires are doing you give blanket approval to all. It's one reason that no matter democrat or republican wealth consolidation continues