Who will swallow the Corona virus debt? The rich or the poor?

Discussion in 'Political Opinions & Beliefs' started by Greatest I am, Nov 21, 2020.

  1. Greatest I am

    Greatest I am Well-Known Member

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    The U.S.'s services are already strained, which is why your age of death is going down while it is going up almost everywhere else.

    Have you driven on your roads lately. How are your shocks?

    Do you see your military as a service? I do.
    Perhaps a few less bombers or aircraft carriers not being bought would be a good thing.

    You already have too many.

    Regards
    DL
     
  2. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    Its not a delusion that all of our excess 'gun violence' ('gun violence' we have thats higher than other comparable countries) and then some comes from our dense urban areas, especially ones where gun use is either discouraged or forbidden.

    By contrast, the areas where gun use is not discouraged, which represent the vast geographical area of the nation, we're safer (statistically speaking) than any other nation on earth.

    Canada is a good example, being a country with similar culture, demographics and values as the US. Canada has 10% of the 'gun violence' per capita as the US, and also has 10% of the average population density of the US. I'm far more likely to get shot in Vancouver BC than I am at home in rural WA even though virtually no one in Vancouver has guns and virtually everyone where I live has more than one. But few will say that Canada has a gun problem because I'm just as safe in rural Canada as I am in rural US, and Canada has a lot more rural.
     
    Last edited: Nov 22, 2020
  3. mitchscove

    mitchscove Well-Known Member Donor

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    Democrats should pay. After all, they sold our country to China and kept the change. The Bidens pocketed $1.5B. That would be a good down payment. Perhaps Jim Biden would like to contribute money we paid him to rebuild Iraq. We're going to have to grow our way out of this mess. Taxing anyone is not the way to grow, neither is shutting down oil & gas production.

    Perhaps Obama would like to contribute some book revenue. He wouldn't have sold a single copy if he wasn't in the White House.
     
  4. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    So, just to be clear, if we got rid of all taxes for people who are currently impoverished, they would suddenly not be impoverished anymore?
     
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  5. fmw

    fmw Well-Known Member

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    Perhaps you need to find elected officials who won't succumb to bribery. What we call lobbying is really bribery. There are laws against bribery of elected officials on both sides of the transaction. Find a way to call lobbying what it really is in the law.
     
  6. fmw

    fmw Well-Known Member

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    Even worse than inflation. The sensible solution is to have a government that lives within its means.
     
    Last edited: Nov 23, 2020
  7. Louisiana75

    Louisiana75 Well-Known Member Past Donor

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    Impoverished people pay no taxes, so your statement makes zero sense.

    Example: If they have a job where taxes are withheld from their check, it's very little and all of it PLUS more is returned to them when they file taxes and claim the earned income tax credit (they can pay in $500 for the year and get back $3,000) creating a negative tax. Also, if they are impoverished, they should receive government based food assistance like SNAP and WIC which charges no sales tax.
     
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  8. Greatest I am

    Greatest I am Well-Known Member

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    We do not share your values.

    We care about our people, while the U.S. does not seem to.

    Just look at all the Dem laws that Trump reversed the moment he took office.

    All the services that were in place to protect U.S. citizens, while at the same time giving the rich so much that it embarrassed the more astute billionaires.

    American got trumped hard.

    Regards
    DL
     
    Last edited: Nov 23, 2020
  9. Greatest I am

    Greatest I am Well-Known Member

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    Polarized stupidity.

    Regards
    DL
     
  10. Greatest I am

    Greatest I am Well-Known Member

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    No. That would take a minimum income law.

    Strange that you think the impoverished are taxed.

    Can you suck blood from a rock?

    Regards
    DL
     
  11. Greatest I am

    Greatest I am Well-Known Member

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    Your law and people even allows a compulsive liar to lead you, while breaking many laws.

    IMO, the whole system in the U.S. is flawed.

    I do agree that your lobbyists and politicians are mostly corruopt.

    You get what you vote for.

    Regards
    DL
     
  12. Greatest I am

    Greatest I am Well-Known Member

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    I disagree.

    Good management of debt can be profitable.

    Look at the mega projects that are done with borrowed cash. They pay back quite well.

    The Panama Canal, railroads, air ports etc. are all built on borrowed/invested cash that pays decent dividends.

    No argument though that being in the black is better than being in the red.

    Regards
    DL
     
  13. Greatest I am

    Greatest I am Well-Known Member

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    You ignored my argument and deflected because you could not refute it.

    As to your very little. My tax free day is somewhere around mid may.

    Do you know when yours is? Is working that long just for your tax burden very little work?

    Regards
    DL
     
  14. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Ok, so your claim that people are impoverished because of taxes was a false claim.

    Wait. What? You said people are impoverished because they are taxed. Now your saying poor people aren't taxed? I can't keep up with your perspectives.
     
  15. Louisiana75

    Louisiana75 Well-Known Member Past Donor

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    No, actually I responded to you refuting your claims and gave examples.

    You responded back completely ignoring what I said and ran off at the mouth with more jibberish.
     
  16. fmw

    fmw Well-Known Member

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    If government needs to build something it can save up for it or reduce spending elsewhere temporarily. Or it can borrow money for a project and then pay it back. The fourth largest segment of government spending is debt interest service. Last year the federal government paid $375 billion in interest on the national debt. You could buy hundreds of airports with that. And the federal government isn't even responsible for building airports.

    The professional spenders in Washington are in debt and continue to outspend revenue by a lot. So they borrow money which has the same effect on government that it has on you and me. When they get worried about debt service they print more money which allows them to make interest payments with less valuable dollars. Your dollars and mine also become less valuable.

    At some point the U.S. dollar will lose its status as the international reserve currency because of fiscal mismanagement. China is trying to make that happen already. If our currency loses that status our standard of living will decline and decline quite a bit.

    When you and I borrow money, we are required to pay it back. Government never reduces the national debt. It grows it every year and prints money out of thin air to service the interest and the spending deficit. The U.S. dollar is worth less than 10% of what it was worth when I was a young man. It isn't pretty. It can't go on forever. It is a serious problem.
     
    Last edited: Nov 24, 2020
  17. fmw

    fmw Well-Known Member

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    I agree. Politics is humanity at its worst and I would say the same thing about wherever you live.
     
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  18. Greatest I am

    Greatest I am Well-Known Member

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    Come back when you want to actually discuss.

    Use quotes instead of interpreting what I say foolishly.

    As to the impoverished, tell us how much one would pay when that term basically means one cannot pay.

    impoverish
    • [imˈpäv(ə)riSH]
      VERB
      impoverished (past tense) · impoverished (past participle)
    1. make (a person or area) poor.
      "they discourage investment and impoverish their people" ·
      poor · poverty-stricken · penniless · penurious · destitute · indigent · impecunious · needy · pauperized
    • Regards
    • DL
     
  19. Greatest I am

    Greatest I am Well-Known Member

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    We are accusing each other of the same thing, so thanks for the chat.

    Regards
    DL
     
  20. Greatest I am

    Greatest I am Well-Known Member

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    Your governments have been giving the rich the value added for better than 40 years.

    If the people fear the government and labor works against itself, I don't know how to have American men grow stones like they used to have.

    Yes fearing your owner enough not to break your chains when you can is a problem.

    Regards
    DL
     
  21. Greatest I am

    Greatest I am Well-Known Member

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    Renegotiation is always possible.

    Regards
    DL
     
  22. drluggit

    drluggit Well-Known Member

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    If you look at the statistics, it will be the middle class who are thrown out of their homes because their businesses can't be open because democrats want to cost shift to shovel money at Amazon, and the rest of tech. Funny how this isn't getting much attention from the left as they usually abhor big business and profits, but they just LOVES them some amazon....
     
  23. Daggdag

    Daggdag Well-Known Member

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    Oh it's definitely the PO or and working class who will eat the debt.

    I mean look at how they use the Bell outs they took all the money meant to go to small businesses and gave it to huge corporations under the table. Some of these corporations were shamed into giving back the money, but most don't care
     
  24. Pycckia

    Pycckia Well-Known Member

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    Last edited: Nov 24, 2020
  25. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Lol.

    You can't get your perspective straight, so it must be me?
     

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