Republicans have supported 30 Balanced Budget Amendments to make debt illegal but all were killed by Democrats. We'll have one the second there is enough support for it.
How can that be? I hear on this forum that liberals are VERY concerned about the debt!* * as of two years ago
Balanced budget should be required but all we need is a national law, not Amendment. As I have said many times here before, let's call back all the wealth held overseas in tax free accounts, dissolve the welfarist military industrial complex, fix up the infrastructure, pay off all the debt, and then make a new Amendment to end the income tax forever. I will likely have to repeat these proposed solutions again some day soon.
Obama offered to end all foreign tax shelters to end the debt but your Republican heroes refused to enact law to do so.
So in other words, you're opposed to a BBA. So your entire plaintive wail about the debt is fake. Just what I figured.
So then your point would be that the USA was Immoral from 1946 - 1983 (the good times) but was Moral once they slashed taxes on the rich in the mid 1980's that has led to today's crisis ? Typical Republican Propaganda spread through the likes of Mises University, Cato Institute, Koch Brothers FAMILY Foundation and 20 more just like it. All Financed for the sake of keeping the rich filthy rich while using the guise of Christian Foundation with Jewish Funding. "be a Good American, vote republican, go to church, work really really hard, pay taxes and you too will be a wealthy American" All done thru the pay of the scummy rich to keep the sheeple inline and not know the truth. Truth that all money now funnels up, that real inflation is about 5% YoY for the past 20 years. That every Pension Fund, Medicare, Social Security and so much more is so far underfunded there is no way to pay for it. This is why the Smart money, while telling you to stick in the stock market has moved out, they bought assets, China Stocks, Gold and Silver, stocked aways Hundreds in Cash. There is literally more 100$ bills in circulation than $1 bills now. Where do you think that money is ? Under the pillow so to speak. Think about the 25 or so RNC, Republican, Big money Think Tanks that have been telling you the same thing since the mid 80s. it is immoral to tax the wealthy at a higher %. All the reason on the surface sound good. 1.they already pay most of the tax. (of course they do, they have all the money) 2. Each man should pay an equal share % wise. Sounds good right ? Now he has 25 Billion and you have 25K. Thus, he will pay most of the tax, what happens the following year, more of the same. 3. Trickle down - OK ! 4. They will spend that money creating more jobs ! If you take it, they wont be able to create JOBS. Wrong... If he wants more money, he will work harder, create more jobs. 5. They wont put their money back into the corp. if you tax them too much, plus they will have to lay people off. Good, Let them, once the worker has enough money he can start a corp competing with his old boss. It is all the same stuff, same back in 2007... What is horrible is that there are retired people that have been retired for 20 years that type on here and think things are the same as when they worked. All the dereg. has allowed the rich to corner every market, every product, every channel. Sad too, that people would work for a think tank, make 80K a year lying to the public, go to church and pretend to be a good christian. All while knowing that people are suffering. Last year (2017) the 26 richest guys in the world were worth the same as the bottom 50% in the world. That moved to the top 19 in 2018. That is how fast the money transfer is happening. Trump thinks the stock market is now the guideline for his admin. That a china Trade deal will sky rocket the DOW, wallstreet. It may, for a week, or a month, and then it will all fall because we are still in the bubble from 2008, debt, all debt, everywhere. The PPT is buying stocks with our tax dollars, to prop up the market. Move your money out of wallstreet and prepare for a Depression. There is no way out now, you cant just print money forever. Look at history, it has never happened before, and wont happen here. It is impossible. They have literally destroyed our economics. That includes Obama. This is NOT just a republican Bashing post, Democrats did it too. While Bush was in office, Democrats did the same thing in congress, kick the can. Obama and Berneke sealed the deal.
That is total BS, but if you say it is over someones head, I guess that means only you know the truth. We can tax billionaires at 90% and push that money right to the bottom, they wont be increasing prices if it happens. It will be against the law, that is regulation, regulations that the filthy rich have removed so they can manipulate the system. But go ahead, call someone a name, that makes you the smarter guy... We are just dumb workers who know nothing... And in no way am I a Liberal, just telling the truth. That is what "YOU" call a liberal, anyone telling the truth. Will check back this afternoon to see if any legit replies that dont have propaganda mixed in with them, or out right lies.
republicans have held supermajorities several times in the past 30 years. Republicans don't care about balancing the budge, debt or deficits. Its why they outspend democrats every time they are in power.
perhaps someone should read my post to you so that you might be more able to understand what it means
and obviously there was not not enough support for a BBA or it would have passed instantly. Do you understand?
no, most conservatives know the corporate tax is designed to pander to the pure ignorance of liberals.
but then there would be no reason to become a billionaire and the bottom would have no reason to work and contribute. This is how Stalin and Mao killed 120 million. Now do you understand why they say liberalism is based in pure deadly ignorance?
why do you call them filthy?? when they invent the products that got us from the stone age to here. Without them we'd all be dead? Do you understand?
I'm praying some guy who wants to be rich and scummy is working on cure for cancer and heart disease right now. You offer the same encouragement to him that Stalin and Mao did.
but the pure beauty of capitalism is that you are free not to buy from Bill Gates and even to encourage others to do the same. In fact you could organize early to not buy from anyone who looked like they were going to be really successful. If you're good you could nip every would-be billionaire in the bud. Do you understand?
why don't Democrats support a BBA to make debt illegal? Because it might interfere with their crippling welfare programs.
Legislation is all that is needed. And, as I have told you already, it is what I want as the nation should not be in debt. Too bad most of you Republicans don't see that as a problem unless there is a Democrat in the White Wash House.