Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
Someone here needs a course in Aristotle, and nuance.
Philosophy was one of my majors. Studied at a non-socialist school....which you keep telling me is superior the lousy government college you attended. So if you want to discuss Aristotle, or Hegel, or anyone else.....go right ahead.
Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
The point is this: nothing as complicated as US federal spending or the federal debt is so easily reduced to an online post with cherry-picked stats.
I'm not cherry picking anything. You can't dance your way out of this.
Under no circumstances can you claim Trump is cutting government when spending goes up by
$1.5 Trillion in 3 short years.
Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
If the economy was being so threatened (as a fan's post suggests) by such reckless spending and gargantuan debt with no way out, I suspect we'd all be wearing sandwich boards begging for alms.
Oh, there's a way out. Your party, despite all your claims, has ZERO interest in "getting out", because they know what will happen.
Remember how I keep trying to tell you how your industry is sooooo dependent on government subsidies? Picture what would happen if you cut that spending by, say 20%. Think about what that would do, and get back to me.
Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
Interestingly, wealth among Americans
of all stripes has never been higher. Why would that be? How can that be?
I just told you why. And I've been telling you why since you arrived at the forum. You just don't want to hear it. I'll try one last time, and use bold to get the point across:
Trump borrowed $3Trillion, and pumped it through the economy.
Get it? OF COURSE our economy is doing well. What would your life look like for a year if you borrowed $100K, and blew every penny in one year? Pretty different, no? And every business you spent that money at would enjoy that success, no?
That's why. The problem, of course, is that you'd have to pay that money back. And your future spending would be curtailed because you'd have to pay that money back.
Did you know that at Trump's current spending spree rate, that interest payments on all this borrowed money will exceed our base military budget in 2025? If you don't understand this problem now that I've simplified it for you, I give up.....you don't get finance at all. Which is fine.
Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
I know it drives TDS sufferers crazy. Socialist economies over the centuries have eventually cratered when running out of OPM, falling victim to (at first) rapid inflation, followed by brutal crackdowns of civil rights.
If you're going to bring up Aristotelian thinking, then you should realize that all categories of government fail over time. All of them.
Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
Here we are, at 3.5% unemployment, rising wages, peace around the world....some here think the sky is falling because of this or that statistic.
Sigh. We don't think the sky is falling. We're simply trying to explain to you how math and interest rates on loans work. Hyperbole won't get you out of this mess.
Peter Brown wrote: ↑Tue Jan 28, 2020 8:25 am
The pace at which Trump has added to the national debt isn't as surprising as it might initially seem. A different picture emerges when you look under the hood.
This is the hail mary all Republicans like you use when you realize that you can't argue your way out of the Trump's massive government expansion, and wholly borrowed economy: you try and compare it to other Presidents, as if that makes it ok that Trump is making the government trillions of dollars larger.
You agreed to the central point. Trump has made the Federal Government larger than it has ever been. And he's done it because he knows that pumping $3 Trillion borrowed dollars through the economy will line everyone's pockets. It worked, of course.