Grey_Beard

atfrico

Grey_Beard
I love how people use factless claims and think its fact.  The US is debt from helping other countries.  LOLOLOLOLOL.  That is some warped stuff.  Completely lacks reality.  Next thing we know, Aliens landed in Roswell.  Maybe Elvis is still alive.  JFK Jr is living in Atlantis.  C'mon Man!
 
And here I thought this was a conversation about Crypto-Butcoin.  Now its all about no facts and no reality.
 

No facts and no reality claims, right?
 
US Is Sending 25 Million COVID-19 Vaccine Doses to These Countries (businessinsider.com)
 
US to send millions of Covid-19 vaccines to Latin America - CNNPolitics
 
How Much Aid Does U.S. Give to Central America? Trump Says He's Cutting Funding to El Salvador, Guatemala and Honduras Over Migrant Caravan (newsweek.com)
 
Was $642 Million In U.S. Aid To Central America Over 2 Years Too Much Or Not Enough? | Fox News
 
Do some reading before spitting BS 

Do you even know what $28 Trillion is? The small amounts here are rounding errors on this. Try again. Who owns the treasury bills that make up that $28 Trillion? The American people.

What about $600 Billion in defense spending that is given to the socialist defense contractors? What about the $1 Trillion socialist tax cut given the the wealthy? I am sure those have nothing to do with the high debt levels. But hey, stopping COVID and sending a few million to Central America is a bridge too far. Got it.

Next thing your going to tell me is that people are not working because they got an extra $300 a week in unemployment compensation. Nice.

bill1024
The private industry creates the GDP not the government.
The government spends 1.5 to 2 trillion more than it takes in every year over year.
The government is in debt, ok 28,000,000,000,000.00$ and will be 32T if they pass another 4T spending plan.
How long can you keep spending more than you make before you go bankrupt?
Government only makes 3.5T and it spends 5+T You can't keep doing that. GDP is not the Governments income
 
I also remember when a Mom could stay home with the kids. A family could do well with one income.
No more, two people have all they can do to make ends meet today. Spending, debt, inflation, sinking dollar. 
Debt for the government is really bad.
Interest rates have to go up so people can make some interest on their savings.
It is ruining our quality of life. 
 

bill1024
Debt is debt I don't care who owns it. 

bill1024
Price of a home is not cause by stagnant wages, it is cause by inflation.
Wages have gone way up over the years.
10$ an hour in 1980 was really good money when an apartment was 200$ a month rent.
A shopping cart of food overflowing was under 50$.
 
 
 
 
 

bill1024

Grey_Beard

bill1024
The private industry creates the GDP not the government.
The government spends 1.5 to 2 trillion more than it takes in every year over year.
The government is in debt, ok 28,000,000,000,000.00$ and will be 32T if they pass another 4T spending plan.
How long can you keep spending more than you make before you go bankrupt?
Government only makes 3.5T and it spends 5+T You can't keep doing that. GDP is not the Governments income

I also remember when a Mom could stay home with the kids. A family could do well with one income.
No more, two people have all they can do to make ends meet today. Spending, debt, inflation, sinking dollar. 
Debt for the government is really bad.
Interest rates have to go up so people can make some interest on their savings.
It is ruining our quality of life. 

Where does it say you cannot do that? This is not your budget at home or a business. It’s a government and society. I had asked for one historical fact where a country imploded and its monetary system imploded based on debt. Please provide that. Everything you say here is anecdotal.

You cannot see this is a wage issue. Until wages change it will continue to get worse. But the debt will not sunk us, the disparity between the haves and the have nots will.

I am sorry but I disagree. There will always be rich and pour people.
Show me where socialism or communism is working great. If it so great do you live there?
Why do those people who live there seem to want to come here?

bill1024

Grey_Beard

bill1024
Debt is debt I don't care who owns it. 

You realize government is not a business. Debt is a fallacy to government. They continue to print more dollars, issue more treasury notes. Rinse and repeat. You see this as bad, but that is how government and monetary works. As long as there is confidence, it continues. A bunch of guys on EVGA forum is not going to shake that confidence. Sorry,

And you do not seem to see how this is causing inflation and ruining our way of life.
If the Government is not a business than it has no business spending more than it takes in in taxes
How about a balanced budget?
And yes tax cuts go to the people with more money cause they make more and pay more. 

bill1024

Grey_Beard

bill1024
Price of a home is not cause by stagnant wages, it is cause by inflation.
Wages have gone way up over the years.
10$ an hour in 1980 was really good money when an apartment was 200$ a month rent.
A shopping cart of food overflowing was under 50$.

Wrong. Dead wrong. If prices go up and the people who make the product get the smallest share, you have what we have now. The landlord increased his asking price for his unit getting more than the worker. Not a hard concept. Research the subject. There are a boatload of studies on this. A 1.5% raise when prices are rising at 2% is not good. It’s simple math.

People who make the product get paid, if they do not get paid enough go get a better job.
Do that by getting an education. Or get into a trade union. Go to trade school.
Get off the butt and work two jobs, I did. I saved every penny I could and invested in CDs
Well until they would not pay any interest. cause the Government borrows to much at artificially low rates.
So then I put my money in mutual funds and sock market. Did ok too. 

This country offers a good chance to make it.
Equal opportunity no guaranty of equal outcome. 
People come here with change in their pockets and make a very good living if you work at it

bill1024
Stop worrying about other people and what they have and what you don't.
You think all those rich people are happy? I doubt it. Money will not make you happy
Life is not equal and never will be. Life is not fair, it is not and never will be.
Do the best you can, work hard and live within your means.
 
 

Grey_Beard
e product get the smallest share, you have what we have now. The landlord increased his asking price for his unit getting more than the worker. Not a hard concept. Research the subject. There are a boatload of studies on this. A 1.5% raise when prices are rising at 2% is not good. It’s simple math.
You need people who can make a living wage without an education. Education is way too costly. Future generations will not get the value that we have. It costs too much. People who decide not to get an education have to afford life without working three jobs. If all we care about is price, this is what we get. A valueless society where you either make it or you don’t. The ones that make it are less 1% though. It will get hard to hold that 99% back.

Grey_Beard
Wrong. Dead wrong. If prices go up and the people who make the product get the smallest share, you have what we have now. The landlord increased his asking price for his unit getting more than the worker. Not a hard concept. Research the subject. There are a boatload of studies on this. A 1.5% raise when prices are rising at 2% is not good. It’s simple math.

charlesborner

Grey_Beard
Wrong. Dead wrong. If prices go up and the people who make the product get the smallest share, you have what we have now. The landlord increased his asking price for his unit getting more than the worker. Not a hard concept. Research the subject. There are a boatload of studies on this. A 1.5% raise when prices are rising at 2% is not good. It’s simple math.

That's because they're exchanging the financial risks of running a business for the sure thing of a paycheck.
The owners of a company are the ones absorbing the financial risks.
They're also the very last ones paid.
If you think this is somehow unfair to the worker, start your own work collective.
Then you can see why such things generally run like a bad HOA.
Everyone wants the BENEFITS.  But nobody wants to pay for them or take the financial risks.

And you're forgetting the business is eating the cost of those cost of doing business increases, in addition to the additional tax burden they bring.

Sorry, but "Ain't No Such Thing As A Free Lunch".

Never was, never will be.

The neat thing about capitalism is that the entire system (outside of taxes) is entirely VOLUNTARY.
Don't like the conditions of employment?  The pay?  Whatever?
You aren't being forced to work there.
And, if you want, you can leave and become a direct competitor.