Mainecat Posted September 24, 2021 Share Posted September 24, 2021 Politically bankrupt: Senate Republicans are happy for the US to default on its debt Journey with us, if you will, all the way back to August 2019. In a budget deal passed by Congress and signed by President Donald Trump, Washington suspended the U.S. debt limit for two years — two years in which Republicans refrained from pitching a fit every time the U.S. needed to borrow more money. And borrow we did, under an administration and Congress that slashed taxes by trillions while dramatically increasing federal spending, even before the COVID crisis hit. With aid of three separate increases to the debt ceiling, the federal debt soared by nearly $7.8 trillion during Trump’s four-year tenure — the third biggest increase relative to the size of the economy of any presidency in history (after Lincoln, who fought a civil war, and George W. Bush, who launched two foreign wars). It is therefore the purest form of chutzpah for Sen. Mitch McConnell and other Republicans who facilitated Trump’s reckless record to now lay down in the middle of the tracks and refuse to raise the government’s debt limit as a fiscal freight train barrels toward us, toying with America’s full faith and credit. “We will not support legislation that raises the debt limit,” quoth the Republican Senate leader, who hails from a state that benefits hugely from federal largesse. He and his fellow partisans have the gall to claim it is the social spending of Joe Biden and other Democrats that fueled the red-ink rise. In fact, 97% of the nation’s current debt was accrued before Biden took office. https://www.msn.com/en-us/news/politics/editorial-politically-bankrupt-senate-republicans-are-happy-for-the-us-to-default-on-its-debt/ar-AAOJm6I Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted September 24, 2021 Share Posted September 24, 2021 If it defaults I heard that SS benefits stop. That’ll create some interesting effects on the economy. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2021 Author Share Posted September 24, 2021 20 minutes ago, ActionfigureJoe said: If it defaults I heard that SS benefits stop. That’ll create some interesting effects on the economy. It’s Trumps debt not paid for yet. Sure thing MConnell just shoot yourself. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted September 24, 2021 Share Posted September 24, 2021 (edited) 4 minutes ago, Mainecat said: It’s Trumps debt not paid for yet. Sure thing MConnell just shoot yourself. But Debt and spending was fine with Obama, your hypocrisy is laughable Edited September 24, 2021 by Sleepr2 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 24, 2021 Platinum Contributing Member Share Posted September 24, 2021 Raise that debt ceiling or else! lol Raise that fucker to infinity...who cares anymore Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 24, 2021 Share Posted September 24, 2021 What a buffoon. Oh, lets journey back to 2019 , where it all began. Brain dead partisan retards….. 4 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2021 Author Share Posted September 24, 2021 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted September 24, 2021 Share Posted September 24, 2021 27 minutes ago, Mainecat said: Who paid obambis tab? 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2021 Author Share Posted September 24, 2021 Why increase the the debt limit for Trumps 2 trillion tax gift to Corporate America. Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 24, 2021 Share Posted September 24, 2021 Derp!!! Now it is Republicans turn to drink, fuck , and blame Trump . Really tackling the tough issues. Its like we have a huge abundance of money, weird. What a nation of gullible morons. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted September 24, 2021 Share Posted September 24, 2021 4 minutes ago, Mainecat said: Why increase the the debt limit for Trumps 2 trillion tax gift to Corporate America. Liar. 1 Quote Link to comment Share on other sites More sharing options...
Voodoo Posted September 24, 2021 Share Posted September 24, 2021 43 minutes ago, Mainecat said: That is funny though... Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2021 Author Share Posted September 24, 2021 The Republicans raised the debt ceiling EIGHTEEN TIMES for Reagan, THREE TIMES for Trump and pushed through a 7.8 TRILLION DOLLAR tax cut for mega-corporations and billionaires, but now will not raise the debt ceiling for President Biden because to do so would be "financially irresponsible"? Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted September 24, 2021 Share Posted September 24, 2021 14 minutes ago, Mainecat said: The Republicans raised the debt ceiling EIGHTEEN TIMES for Reagan, THREE TIMES for Trump and pushed through a 7.8 TRILLION DOLLAR tax cut for mega-corporations and billionaires, but now will not raise the debt ceiling for President Biden because to do so would be "financially irresponsible"? How many time did your beloved left raise it. I don’t care who does it spending must be cut 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 24, 2021 Platinum Contributing Member Share Posted September 24, 2021 8 times for Clinton & 11 times for Obama 1 2 Quote Link to comment Share on other sites More sharing options...
CFM Posted September 24, 2021 Share Posted September 24, 2021 Waiting for Maincats new thread on how the Dems new 3.5trillion spending bill is actually $5 billion in 5 years and could add $10 trillion in ten years. See new Wallstreet Journal for info. Waiting………. 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted September 24, 2021 Share Posted September 24, 2021 30 minutes ago, Skidooski said: 8 times for Clinton & 11 times for Obama Did MCLiar whine about raising the debt ceiling then..? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2021 Author Share Posted September 24, 2021 57 minutes ago, CFM said: Waiting for Maincats new thread on how the Dems new 3.5trillion spending bill is actually $5 billion in 5 years and could add $10 trillion in ten years. See new Wallstreet Journal for info. Waiting………. I’m waiting for you to wake up. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2021 Author Share Posted September 24, 2021 Do you guys even fuckin know what a debt ceiling is or why it was created? I'm guessing you are clueless. Now go and Google debt ceiling. Quote Link to comment Share on other sites More sharing options...
Snake Posted September 24, 2021 Share Posted September 24, 2021 1 minute ago, Mainecat said: Do you guys even fuckin know what a debt ceiling is or why it was created? I'm guessing you are clueless. Now go and Google debt ceiling. Why don't you Google simpleton... 1 2 Quote Link to comment Share on other sites More sharing options...
CFM Posted September 24, 2021 Share Posted September 24, 2021 11 minutes ago, Mainecat said: I’m waiting for you to wake up. You bat over .500 for posting fake news. You wake up. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 24, 2021 Platinum Contributing Member Share Posted September 24, 2021 The republicans raised the debt ceiling umpteen times!!!!!!!! The Democrats also raised the debt ceiling umpteen times...shhhhh!!!!!! 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted September 24, 2021 Share Posted September 24, 2021 22 minutes ago, Mainecat said: Do you guys even fuckin know what a debt ceiling is or why it was created? I'm guessing you are clueless. Now go and Google debt ceiling. The irony 1 Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted September 24, 2021 Share Posted September 24, 2021 (edited) 6 hours ago, ActionfigureJoe said: If it defaults I heard that SS benefits stop. That’ll create some interesting effects on the economy. O i hope so . It is the exact kind of reset we desperately need Edited September 24, 2021 by Ez ryder Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted September 24, 2021 Share Posted September 24, 2021 53 minutes ago, Ez ryder said: O i hope so . It is the exact kind of reset we desperately need Absolutely. Crushing the housing and vehicle markets would bring prices in line and tighten up credit. We need a major deflationary cycle. Quote Link to comment Share on other sites More sharing options...
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