Comments by "CatsRule" (@1133saginaw) on "JUST IN: GOP Senators Say They Will Absolutely Not Help Democrats Raise Debt Ceiling" video.

  1.  @CombatMonkey11B  Republicans are satisfied with the status quo. Democrats are trying to get the economy on track.
    4
  2.  @Kahless_the_Unforgettable  "If General Motors, AT&T, and individual households had been required to balance their budgets in the manner being applied to the Federal government, there would be no corporate bonds, no mortgages, no bank loans, and many fewer automobiles, telephones, and houses." - William Vickrey 1996 Nobel Prize winner
    3
  3. To balance the budget, we would have to get rid of our military.
    2
  4.  @Kahless_the_Unforgettable  We spend more on the military than the rest of the world combined. We pay twice as much for healthcare than other advanced countries. We don't spent "trillions" on foreign aid. It was 47 billion in 2019.
    2
  5.  @Kahless_the_Unforgettable  The debt really doesn't go to our grandkids. It never has to be paid off. At 2% inflation (the goal) , the debt decreases 40% every twenty years. It gets cheaper over time. The most important thing any government does is keeping people employed. Balancing the budget is good for individuals , but it is meaningless on a large scale.
    2
  6.  @Kahless_the_Unforgettable  Deficit spending came way, way before Obama. it started in the 30's.
    2
  7.  @Kahless_the_Unforgettable  Why did you mention Obama at all?
    2
  8. Belt tightening will cost some people their jobs. That's why the gov. would really not want to go that route.
    2
  9.  @CombatMonkey11B  That's exactly what causes economic depressions. Cut spending during economic slowdowns is the recipe for disaster. Go back to your comic book or video game.
    1
  10.  sandra patnode  Waste of money. Ladders.
    1
  11.  @Kahless_the_Unforgettable  Right. You really know what you are talking about, I can tell. Funny how the call for balanced budgets always comes when the Democrats are in control. Btw, here's a little quiz: How much did the Trump administration add to the deficit? 1 trillion? 2 trillion? 3 trillion? He added 7.8 trillion. Btw, you think the UK is a third world nation?
    1
  12.  @Kahless_the_Unforgettable That was when he got stuck with Bush's recession and the economy needed stimulus spending. The recovery was slow because he was paying down the debt. You are one big contradiction, aren't you. He ended up handing Trump a pretty good economy though, didn't he?
    1
  13.  @anitaparker9715  Democrats want to develop higher paying jobs with the infrastructure package. High paying blue collar jobs. The story about your grandmother is nice. I enjoyed it.
    1
  14.  @kevinmhadley  Bush also spent 10 trillion on his wars.
    1
  15.  @Kahless_the_Unforgettable  So what would your economy be without corporate bonds, mortgages and bank loans? Vickrey didn't originate that concept. He stated economic reality. It's basically investment. He is saying the US is not allowed to invest properly and it's true. That's why China is pulling ahead.
    1
  16.  @anitaparker9715  Schools are pathetic and ineffective because they are underfunded.
    1
  17. The debt doesn't really have to be paid for.
    1
  18.  @msbosslady1712  You don't belt-tighten during an economic slowdown . Economics 101.
    1
  19.  @maryjane-vx4dd But, it happened last year. Trump was president. And yes, he spent 20% more than Obama. He also jumped the deficit by 7.8 trillion dollars. Did you complain last year?
    1