Trump Assassination Attempt(s)

Ok, I’m listening. Govt and public national debt held by real lenders is inconsequential while we continue to spend much more than than the revenue we bring in. I don’t agree that this is inconsequential but I’ll lend you my ear.

TurboMonty says the national debt is inconsequential and he's got a degree in economics.
 
Somebody tell me about encrypted messaging apps. On the surface that could indicate some kind of conspiracy...... But surely there are other reasons these are used right?
any time you don't want other's to know what you are saying instead of everything you put into your phone going into an algorithm. depending on how its done it can also disguise both sides location too, in case you don't want someone to be able to follow you. I know in this case there is a legit reason for the government to want into the phone, but it protects against all those phishing expeditions the government likes to go on, where they start the investigation to find the crime.

I have seen businesses, lawyers, and even gamers all use them. before you laugh at the last there are some games out there with true economies with real world dollars behind them that are relatively big business. but even the various MMO's that aren't total money grabs will have guilds/clans/groups that want to encrypt their messages so that someone on the other side doesn't hack the communication to know what is coming.

even things like fantasy football, or sports betting could be reasons to encrypt. you don't have to justify wanting your privacy protected.
 
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Who is counting the votes? Has that changed since 2020?
 
Ok, I’m listening. Govt and public national debt held by real lenders is inconsequential while we continue to spend much more than than the revenue we bring in. I don’t agree that this is inconsequential but I’ll lend you my ear.
Sorry, that’s a running joke in here.

One of our resident DeVry graduates, @MontyPython , made that proclamation. It’s been a source of great Lolz since…
 
Lol, juicebox. That’s perfect.

Which one? There so many, and edited too.

Why don’t you just lay it out for us. Tell us the tale again.
Sure thing punk.

A recent post:

Then we were more "broke" during WWII.

Yet here we are 80 years later.

We do need to tamp down the rate of deficit increase, agreed. But our fed government is far less "broke" than individual households nationwide.

Also, given the generational spending to win the cold war, quitting now during the hot war would make Ronnie spin in his grave.

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Never said that word, gramps.

If you say otherwise, link my post.

True, you never said "that word" but you have used synonyms. I've got a lot of them pulled up if you want but I'll just drop one for now.

Seriously, our debt isn't problematic.

Before wringing your hand and getting your panties all in a wad, consider looking at our national debt through the prism of your own personal financial house... literally your house, if you own one:

Let's say you have an annual household income of $100K. This means you can likely afford a home that costs $600K. If you bought that house, per the same equation applied to our Federal Debt to GDP ratio, you'd be at 600%. Would this be irresponsible on your part to maintain such a high debt ratio? Nope. Not at all.

Our current Federal Debt to GDP ratio is around 128%.

So, in reality, our government debt is at a far more reasonable level than many (most) private citizen homeowners. And this doesn't take into consideration any of the other debt (e.g. car loans, student loans, etc.) that many of us have.
 
Retrieve my post, Juicebox.

Here's one.

We never eliminate debt as a country. The value of 'underlying assets' is an irrelevant misnomer. We've been in debt since the revolutionary war. It's resulted in a better standard of living (and our freedom) for 250+ years, so yes national debt is a good thing. The principal never needs to be paid off as a whole, and we as individuals make the same rational decision to carry debt - at an ever greater rate than our country.

As I've said previously, however, I believe the rate of increase in our debt level recently is unsustainable, and I support decreasing it to bring it in line with the long term average as a percentage of our budgetary outlays and GDP.
 
Sure thing punk.

A recent post:

How about this?

It's clear you have no clue how things work. And if you never approached a 3:1 debt ratio, you probably lived an entitled life or drove a beat-up '73 Chevy Nova most of your life.

For simplicity's sake, go ahead and explain how our current national debt level is bad. Make it simple and straight forward, if you would please.
 
Sure thing punk.

A recent post:

And another where you responded to this post.

Like I’ve said, it’s where we’re going that’s the issue, not where we’ve been. The overall debt will continue to climb substantially, in a higher interest rate environment, ergo, interest as a percentage of our federal outlays will sharply increase to consume more and more of the budget and to eventually become the largest govt program in the federal budget over the next 30 years left unabated. Hopefully it is abated with some massive budget cuts and a return to balanced budgets…and sanity.

Interest Costs on the National Debt Are on Track to Reach a Record High.

View attachment 550385View attachment 550386

With this.
Ahhh... so you're predicting the future.

Noice.

Lemme know how that works out... until then, there's no issue.
 
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