AB reaches a new low........

Exactly. And the reason he doesn't think it's a problem is because the only way they can get away with doing nothing about it is to convince everyone it's either not a problem, or that the only solution is more taxes. Meanwhile, they could confiscate all the rich people's wealth in this country and it still wouldn't cover the deficit let alone the debt.

 

That's more or less right yeah. As a point of logic, there's no financial constraint on US spending, the constraint is inflation/currency devaluation which is a very soft one, especially right now. To paraphrase greenspan's slap down of Ryan below 'The question is - how do you set up conditions which ensure that the real assets exist for that money to purchase'. IOW, the constraint is one of coordinating real resources to maximize the production of real wealth. The dollar is a tool that was invented to help achieve that.

The federal government (or Uk government, Japanese government, Australian govt etc) is basically akin to the score keeper at a ballgame or something like that. And that's basically what the economy is - a game that's been set up with rules and arrangements designed to make the game go the right way. 'The scorekeeper has run out of points' is just a car crash of logic. Neither are the points 'borrowed' from China or 'the bond market' either, just as an aside.

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The situation's very different for state/local governments, Eurozone countries and countries that operate fixed exchange regimes, it should be said.

 

None of the attacks on Ryan are 'unwarranted'. He's a fucking sociopath.

 

you're under the impression that trillion dollar deficits are sensible and sustainable and without consequences and risks. You're the sociopath.

 

Might want to move this topic to TAA, no?

 

OK.

 

If you had a free shot on either who would you volley in the nads Clogg - Broner or Ryan?

 

Ryan, for sure

Broner's a jackass but he's not a danger to the laws and policies of the land, he has no say

Of course, I'm just a crazed sociopath lookin to take double's job and give it to a transgendered Arab and then tax double to pay the tranny!!

 

Don't worry guys. You can have your bloated government and dysfunctional bureaucracy and bankrupt entitlements. How do you both feel about the fact social security will be bankrupt by the time we're old enough to collect it? How does that bode for other govt. entitlements? The fact that if the govt. runs over budget they will just snatched the money out of trust funds like social security and medicare? Programs the Dems like to tout as successes and templates for other programs but that are on the path to insolvency.....This includes disability, social security, medicare....you name it

 

I run this shit

 

:aye:

 

Just listen to some Enya and relax, Doub. It's koo'.

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Enya would make me more angry

 

Doub strikes me as the kind of dude that would like death metal and anything really loud where you can barely make out the lyrics other than the odd word like 'hate', 'kill', or 'destroy'

 

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