Bernie Sanders

[Pokesan]

Thanks, I was hoping you were dumb enough to think the debts of nations are at all comparable to the debts of individuals.

Idiot.

I'll go slow and ask you - if revenue grows faster than debt, does the debt even matter?

[Orruar]

Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]

Thanks, I was hoping you were dumb enough to think the debts of nations are at all comparable to the debts of individuals.

Idiot.

If you want to invalidate an analogy, you'll need to actually point out how the analogy fails, and not just claim it fails and call it a day. Or are you on the intellectual level of iruinedyourday, who doesn't even warrant responses to his inane posts?

Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]

I'll go slow and ask you - if revenue grows faster than debt, does the debt even matter?

It all depends on whether incurring that debt is what led to the revenue growth. I'll use another analogy, which you'll probably just dismiss because it doesn't conform to your preconceived views, since the incurious mind hates incorporating new information.

If you borrow $50k to go to college and end up making an additional $20k a year as a result of your education, then you probably made a wise move (depending on interest rate). Your standard of living was improved through your borrowing/investment.

If you borrow $50k to go on a wild vacation and you get a $20k raise anyway, completely unrelated to the money you spent, then the debt and ensuing interest was not a good move. Your future standard of living is reduced due to your spending. It doesn't matter that your revenue grew faster than debt and are more able to pay off the debt than you were before you got the raise. It is unequivocal that your standard of living is now reduced. Maybe if you get enough raises the interest payment becomes inconsequential, but that is the hardly the case for the US debt.

And to drive a nail in the coffin, we're not growing revenue faster than debt. GDP growth has been anemic for the entire "recovery", while debt has continued its rocket-like trajectory. You can compare either debt-to-GDP or debt-to-revenue and it has exploded over the past 3 decades, under republicans and democrats alike. It started during the Reagan years and has continued unabated since (except for a period during the 90s boom). And it has really kicked into high gear over the last decade. You can blame that on the republicans, or the democrats, it doesn't much matter to me. But do you really think all that debt we have incurred has been for the better and was wisely invested for future growth? Are we going to start getting some dividend payments for the trillions we spent fighting brown people in the desert?

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[Big_Japan]

we already covered the part where weed prohibition is bread & circus buddy

ps i didnt read none of dat shit up above this post^^^^

[iruinedyourday]

aint nobody got time for that.

everyone welcome back the fine fellow BJ

[Pico]

i live in alberta and people keep saying we lost our 'job' because of oil shitting furiously out of any new leaky earth orifice around the globe. they say when you lose your job its really time to hunker down and cut all spending to infrastructure and social services, and that the province shouldnt spend money on things like lavish vacations. [You must be logged in to view images. Log in or Register.]

hopefully the prime minister of alberta is working hard putting out those applications for a new job for alberta because my anus prolapsed once again last night and i really need the hospitals to live.

[Pokesan]

Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]

If you want to invalidate an analogy, you'll need to actually point out how the analogy fails, and not just claim it fails and call it a day. Or are you on the intellectual level of iruinedyourday, who doesn't even warrant responses to his inane posts?

I have neither the time nor the inclination to disabuse you of the notion that government debt is the same as kitchen table bill paying. If you want to believe something so dumb, by all means keep at it. I'll be here to ridicule you.

Please do not trash our fellow posting pal IRYD, it's quite rude.

Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]

And to drive a nail in the coffin, we're not growing revenue faster than debt. GDP growth has been anemic for the entire "recovery", while debt has continued its rocket-like trajectory.

Funny, GDP has grown just fine every year in the last ten, except for the 2008/2009 crash when it shrunk slightly.

Maybe revenue is the issue and Bernie has the right goddamn idea - if we raise taxes, we won't have to borrow all that money you're so worried about paying interest on?

Isn't that the most elegant solution - increase government revenue so we won't have to 'waste money' on those pesky loans you're so frightened of?

[Pokesan]

Originally Posted by iruinedyourday [You must be logged in to view images. Log in or Register.]

aint nobody got time for that.

everyone welcome back the fine fellow BJ

Big J you get any new tattoos in Sikorsky gulag? WB sorry for reporting you

[Big_Japan]

how do u even report??? they took the button away after i used it 2 spam emails 2 amelinda+rogean back in the day

also my body is a temple & its only tattoos are scars gained in the struggle

[Pokesan]

Originally Posted by Big_Japan [You must be logged in to view images. Log in or Register.]

how do u even report??? they took the button away after i used it 2 spam emails 2 amelinda+rogean back in the day

also my body is a temple & its only tattoos are scars gained in the struggle

Report = PM an adult (Sikorsky or guides) and they'll ban whoever you ask them to.

I misspoke earlier though, I think Llandris banned you subsequent to you posting that pic of 'the Noid' as a black fellow. I did not send a PM

[Big_Japan]

Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]

an adult (Sikorsky or guides)

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