Reminder: The US is 20 trillion in debt and Democrats want more free shit

Reminder: The US is 20 trillion in debt and Democrats want more free shit

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Other urls found in this thread:

cbsnews.com/news/the-skyrocketing-interest-payments-on-u-s-debt/
forbes.com/sites/chuckjones/2019/01/18/trumps-big-win-the-largest-budget-deficit-with-a-strong-economy/#4f88409d49d1
npr.org/2019/01/16/686056668/for-seventh-consecutive-year-visa-overstays-exceeded-illegal-border-crossings
thebalance.com/national-debt-under-obama-3306293
pando.corn/2014/01/23/the-techtopus-how-silicon-valleys-most-celebrated-ceos-conspired-to-drive-down-100000-tech-engineers-wages/
npr.org/sections/thesalt/2017/05/24/529831472/trump-wants-families-on-food-stamps-to-get-jobs-the-majority-already-work
youtube.com/watch?time_continue=1&v=q6vi528gseA
forbes.com/sites/timworstall/2015/08/04/the-7-most-dangerous-myths-about-a-15-minimum-wage/#39dd3ae25ec8
washingtontimes.com/news/2019/jan/21/a-15-minimum-wage-bad-news-for-low-income-workers/
twitter.com/SFWRedditImages

oh is this the new version?

Well it will generate 10 times the wealth because people that are barely getting by will now have 6 figure jobs

Nah man this was a movie from the early 80s. And impact font is from like 2006. I wouldn't call it new. Maybe it's the most recent version.

This has to be bait...

oh, no i meant of OP's faggotry.

Retard

But it isnt. If you listen to her plan, its an investment. People that wory about starving can now do what they really want and contrubute

go to bed russian bot

no you stupid fucking asshole
They want to redirect money from existing programs to other programs, and increase the marginal tax rate for the top 1%ers. Also, guess where all that debt comes from? REPUBLICANS

I’m a drug addict. It’s an illness. A literal disease. If I could get education and access to prescribed medication I would have a chance at succeeding in life. Fuck you.

obama doubled out debt dipshit. read a fucking book.

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Source?

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what movie is the gif from?

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Reminder: The US is 20 trillion in debt and Republicans also want more free shit. Neither political party is fiscally responsible.

Reactions to Liberal Faggotry pt 2

el chaqueto and LIFE will fug u up

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Darude Sandstorm

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>The US is 20 trillion in debt
and Republicans keep lowering the top marginal tax rates for some reason.

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Question: Can you articulate what is problematic about a $20 trillion national debt?
Yeah, didn't think so. Maybe learn some basic macroecon before spouting off about things you don't understand.

that's what I thought. Last thing I would expect is Yea Forums to actually be helpful.

keep firing assholes!

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Over 200 trillion in unfunded liabilities also. This is the number they never want to talk about.

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The only way to be this stupid and wrong about everything is by choosing to be. You're an absolute moron.

The debt is a shared responsibility of both democrats and republicans. Anyone who says otherwise is a piece of worthless shit.

That being said, the republicans at least SAY they're going to try to do something about it. The democrats haven't had a "let's reduce spending" candidate in literally 60 years.

Do you know who we're in debt *to*?
The Fed. A private bank that basically has no hope of ever actually foreclosing on that debt. Why care?

Because the people who pay the highest in taxes are the ones who own the businesses that contribute the most to the economy.

Incidentally, the problem in this country is not the rich not paying enough taxes. It's a government that has literally forgotten how to pass a budget without a huge overspending deficit in it.

because they can just stop lending you money at the drop of a hat

" hay guys it looks like America is in a crisis again, they still havnt paid us from the last one, should we bail them out again ? na didnt think so, we'll just keep focusing on china

>”it doesnt count because i want my free shit”
>actual liberal logic

but starving is how you make those lazy-asses contribute

I dunno, even Libertarians agree that repubs are as much to blame as dems when it comes to the budget.

Um...no. I'm a trumptard. I'm just saying that the debt is kind of a paper tiger. That doesn't mean I think people who don't work deserve to have the same standard of living as those who do, or that I don't understand that Bernie's $15/hr minimum wage will actually result in small businesses laying people off left and right or going bankrupt.

While it's true that the tiger is paper, it's becoming quite the big tiger, and the only way to really kill the tiger is by drastically inflating the dollar.

I personally do not want to see the spending power of my measly savings be reduced to almost nothing.

>Because the people who pay the highest in taxes are the ones who own the businesses that contribute the most to the economy.

I understand that this is often hard for people to grasp, but being a business owner does not mean you "contribute the most." Your business makes money off of customers; it is customers who are paying your employees' wages and providing whatever portion of your earnings are paid in taxes.

Google "Nick Hanauer job creator myth" for a more thorough explanation, if you're interested.

>While it's true that the tiger is paper, it's becoming quite the big tiger
It's kind of like the high score on a Galaga machine. No matter how high it gets, it will never actually amount to anything. It's literally nothing more than a group of bankers adding zeroes to the imaginary amount of money they claim to have, and it will never be cashed in.

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Then why is a portion of the federal budget being used to pay the interest on it?

If we never need to pay it back, why are we dumping money into it?

cbsnews.com/news/the-skyrocketing-interest-payments-on-u-s-debt/

Well it's not like bush or Trump haven't added to it. Let's put a democrat inside and see what happens

More wealth in the hands of the lower/working class means more demand for goods and services, which means more job growth, which means higher more competitive wages, which means more spending power, which means more demand for goods and services...etc etc
This is known as “the virtuous cycle”;

Currently the wealth is in the hands of a few insanely wealthy people, who remove the money from circulation into their own private offshore accounts. No growth, no jobs, just a stagnating economy and increased wealth inequality.
Unintuitively, billionaires are bad for the economy.

You’re a fucking moron OP, who has a brainlets grasp of economics

Not even mentioning that debt ALWAYS increases under Cuntservatives governments

No, we just don't want the rich to get free shit just because their ancestors owned slaves

Of those earning $10 million+ find the tax burden too difficult to manage, I would suggest they get a 2nd job to help pay for it.

I'd rather not put a democrat like Ocasio Cortez in. She thinks that overspending is the answer.

>why are we dumping money into it?
Because rich bankers with influential friends. It's true we're paying for everything these people need, but there's literally nothing they could do if the government decided to tell them to go fuck themselves and started printing its own money again. Of course the last president who tried this got shot in the head, but...

>>Says they're going to do something about it
>>Increases deficit whereas Obama seen multiple YOY reductions.

Some people would call that hypocrisy and even worse than ignoring it.

In fact, anyone who is not dumb would.

Yes. Tell the global banking cartel to go fuck themselves.
I’m sure nothing bad will happen to your economy

10million plus in what? Company profits or personal income?

You do realize that the personal income tax for those earning 10million or more is 37%.

That's a lot of money bro. Don't give me that "well they still have 63%" left shit. If this government made me pay 37% off every dollar I made, I'd fucking leave. And that's the last thing we want if for the people making the big money to leave.

A better answer is always to have responsible government NOT overspending every fucking chance they get.

Corporations are the biggest recipient of government welfare.

Choke on that hypocrisy

>nothing bad will happen to your economy
On a scale of "one" to "already being sucked dry by a rabid leech", how bad do you think it would get?

Retard.
37% on amounts above $10 mil.

If you still plead poverty after that, then fine. Leave. You are a drain on the economy

>not overspending
Like on a useless wall vanity project for a narcissist?

They would stop trading oil in $ currency. The global financial system would relocate.

But sales in Dune Buggys, Mohawks and Thunderdomes would skyrocket

I dare you to explain how the wall would be useless.

So we'd go back to an isolationist economy with a gold-backed dollar like the economy that grew consistently for the first century and a half of US existence?
How terrible.

I think you're right about the mechanism of action of the "virtuous cycle." But I believe you're wrong about the way to start it. The low/working class can do a better job of making themselves more marketable and better acquainting themselves with the principles of the free market.
>Don't get a degree for which there is no demand
>Learn to manage your wealth rather than just spend it
Etc. I think a lot of animosity towards capitalism stems from a poor understanding of it. Capitalism can never turn anyone away, if that person is or can produce soemthing of value.
FWIW, I also agree that conservative presidents have terrible track records regarding the national debt. However, Congress does hold the "power of the purse," so I would argue that ultimately the culpability lies more with them than the President - or at least in their inability to manage a President's expectations (regardless of party).

>37% on amounts above $10 mil.

The cap for a single earner is 37% on any earnings above 500,000.

Personally, I don't think any government has the right to take any more than 15% of any person's paycheck. If you are happy giving more than that to your government then enjoy it, I won't. And I'll defend the rights of other people to also not have to pay exorbitant amounts.

>Reminder: The US is 20 trillion in debt and Repubicans refuse to tax anyone who actually has money

FTFY

Trickle down economics does not work and Republicans are the ones who pass bigger budgets while still reducing taxes.

just because he had to inherit dubya's bullshit actions doesnt mean hes the cause of it, retard

Yes. MORE POWER TO THE FEDERAL RESERVE

Personally I think this country would be better off if people were punished by their purses.

A huge chunk of the American population is considered below poverty level, and they pay 0% income tax. And yet they still get a vote, and of course they vote for the government to take everyone else's money.

I think we could solve this problem pretty well by forcing a flat tax. When every American feels the pressure on their wallet, they'll be less inclined to put irresponsible spenders in congress.

Likewise, it should be a law that congressional paychecks get used first to plug budget deficit holes. They pass a budget with a huge deficit, they forfeit their own salaries.

Boom. No more debt.

Prove that trickle down economics does not work.

Please.

>Be me
>Cuban
>At GM day show, I’m so happy
>Soulja Boy playing show, get there early to get in front row
>He comes out, starts playing that song all the illegal girls danced to in middle school
>Get hyped and start spazzing out like trigglypuff
>Soulja notices my devotion, and comes over and sings at me
>He “Youuuuuu”s a mighty “Youuuuuu”
>Something comes out of his mouth
>it’s a glob of cum from another nigger
>I try to move out of the way, the crowd keeps me where I am
>I accept my fate, soulja’s gift lands on my face
>MFW

>flat tax

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It's a well-known fact that the rich don't spend more as they make more, they always tend to save it and amass it. Which is usually part of the reason they became rich to begin with.

huh...

Why 15%?

Would you revolt at 16%

Is there any origin for your “15%” threshold or did you just pull it out of your asshole, like the rest of your economic theory?

A functioning tax system would not allow billionaires to exist.

If you’re happy being exploited by the rich, fine, enjoy it

Rich people hoarding money is literally the cause of our economic crisis. Money is meant to be kepk in circulation, its meant to be SPENT. Hoarding it all ruins the country and the world.

I think you are incorrect. Rich people don't see a point in amassing huge savings, although they do certainly save a lot of it. They save it so that they have power to participate in the next big investment.

Opportunities abound for those who prepare for them. And it is said opportunities that provide the trickle down to the rest of the economy.

Nice dubs.

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I agree. I have a hard time picking a specific number I'd agree to on a taxable amount when the ideal number would be 0%, but I also know this would be unrealistic given the need for a certain few vital services that the government actually should perform, like law enforcement.

I would ideally like to see a flat tax not exceeding 20%, and the cutting of government programs until what's left can be sustained on this amount. I will qualify this statement with the admission that I don't know how much that would leave the government, or what it would make sense to allocate it to.

Just check any credible study done on it in literally 20 years. All say the same thing.

>Or consumption tax

I pulled 15% because I think it's fair. I'm happy to contribute 15% back to my society at large. More than that and I think they're taking too much.

It's an opinion. I'm sorry it offends you.

>A functioning tax system would not allow billionaires to exist.

Incidentally, every non-functioning tax system doesn't allow billionaires to exist. Do you always justify your powerlessness by pointing fingers at others?

You whine like a mule.

Republicans put us into debt tho

Reminder: The US is 20 trillion in debt and the Rebuplicans want to cut taxes and build more helicopters we don’t need.

>any credible study

And who decides what is credible? You made the comment, the burden of proof is on you.

Besides that, any study you throw at me I'm sure I can throw more back at you. Let's not waste the time.

Soros, by means of extreme wealth, was able to create a global economic crisis for his own profit... good for Soros, bad for literally every one else in the world. It stagnated the global economy for at least 5 years, technically it has never fully recovered.

Call me crazy, but I think individuals should not be legally allowed to do that

Aw shit, I've wasted an hour getting into an argument on the internet.

Fuck my life. I'm out.

Just replied to someone else with the same thoughts regarding flat tax. Would love to see that in action! The specific percentage would necessarily be arbitrary unfortunately, but the government knowing exactly how much money it will have to spend - and no more - would incentivize spending wisely; like a kid going to the mall on an allowance.

It's an idea I find far more interesting that forcing socialism into a system that has done fine for itself without it since the nation was founded.

Quads

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Ah, glad you admit that 15% is an entirely arbitrary number you have invented based on your own economic situation.

It shows clearly how your grasp of economic theory is routed up your own asshole.

Back to the Xbox jimmy, the adults are talking.

>any study you throw at me I'm sure I can throw more back at you. Let's not waste the time.
lolok

Is it just me but she's hot as fuck. If she was bartending and I was getting wasted, I'd definitely be hitting on her

Of course trumps tax cuts and spending haven't helped.

>Shit
You are confused... The republicans campaign on free shit.
>Tax breaks for the wealthy. A fucking wall. Bigger military. Space force. Saudi weapons.
Democrats just want healthcare and education...

>and who decides what is credible? You made the comment, the burden of proof is on you.
I'm not the one you were arguing with, but really you could google this.
I'm no economist, but i read commentary by economists from time to time, and i've seen this idea explained repeatedly.

And if you think about it, it makes perfect sense:
Sure, rich people do spend more when they make more money, but the proportion they spend tapers as their income grows.
However, if you were to, say, redistribute a large portion of their unspent wealth to regular people, nearly all of it would get spent.

So the idea isn't that trickle down doesn't work at all — of course some wealth trickles down — but it's a very inefficient way to spread wealth.

Reminder: every country is debt and majority of America's debt is to it's own citizens

>Trump
>increases military spending
>space force!!!!
>wants billions for a wall
>all while cutting tax for him and his billionaire friends

It’s not like the alternative is in any way ‘more’ fiscally responsible.
Quite the opposite in fact

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And in order to fund it, they want to let in the next generation of slave labor who will not demand more pay and entitlements but will work for peanuts and breed like mice. Good stuff.

Are all Americunts as retarded as this?
Or is it just republitards?

Not like that was immensely helped by the instability of 2 global wars or anything destroying all our competition, user.

Because we would be spending roughtly 25billion to build it and millions yearly in upkeep cost. The purpose, to secure a couple hundred undocumented migrants from crossing yearly. Meanwhile, thousands overstay their visa and reports that some are flying to Canada and crossing a more leniant border. Wake up stupid!

Not the original poster of this commenter. But I'm curious, what's your point? Unless you believe in no taxation whatsoever (which I would not argue with) then wouldn't any proposed taxation plan, tax brackets included, be necessarily arbitrary?

Look up the Sorites paradox. The "heap" in this case is money. The term "Rich" is a vague predicate; it's an opinion, and it's a highly relative one. Tax brackets simply provide smaller and more incremental, but still arbitrary, tax rates. You don't need to be an economic theorist to see that.

Also, I suppose I could just be wasting my breath on Yea Forums, but I don't think calling this poster out so strongly for providing their honest opinion on an anonymous messaging board is a product use of discourse.

Watch him come up with a stupid answer to this.

Everyone is to blame, the US is one of the most financially illitterate countries, the average American has 8+ credit cards and around 80% have debt on average around 5k-10k, on credit cards alone. If people had self control and could wait rather than just living up to their wages they could save money and not go into debt allowing people to spend more wisely. And I would be willing to bet that all people in Congress have more debt than average Americans and some how we are supposed to trust them with our money. They haven't been able to settle on a budget that will keep the country going for more than 150 years. Legit make allotments, have rainy day fund incase of national emergency and adjust the amount of money with inflation, and with the current amount of poeple working on national budgets that's light work.

How to you propose to end this inequality? I think socialism has the right idea but it's fatal flaw is it's incompatable with society. You can't force people to be equal, and if you do that's when the real oppression starts. And not every rich person is some evil genius who just hoards money. The richest people get wealthy off extremely successful businesses and their wealth is part of the business. No one's holdinng us down and we can't solve these problems by forcibly redistributing wealth. Don't you think it's odd that the government constantly pushes the perspective that there's some evil 1% we need to defeat and turns people against each other with identity politics, but none of this is their fault even though they're in charge? Some aspects of society should be socialized, but socializing the economy is dangerous.

no the debt came from giving housing loans to anyone without checking if they could pay it or not. kind of like student loans

>printing money

2 simple things.

Look how bad of a position california is in

look how the VA is handled. that is much smaller than the entire us population but we cant even get that working right.

hahaha you right wing losers are soooo scared of aoc.

So clever. Much wow.

You fucking loser.

did you hit your head or are you just to young? Busch and Co. had us go to war with Afghanistan (justified) AND Iraq (unjustified) and didnt allow the costs to be put on the books until he was out of office.

Then we got mired down in both countries because we broke the fuck out of them.

Reminder: Republicans run the deficit up and Democrats pay it down, every time, no exceptions. "But muh Obama debt" said the financially illiterate sister-fucker who pinned TARP on Obama, even though Bush signed it into law.

And poor people don’t work which is why they are poor

Reminder: Republicans put the US in debt so they can complain about it when the Democrats want to help people.

scared she's going to make the US a worse place to live you child

you realize if you didn't act like a child you might learn something from other people and they might listen to you?

Drag the wealthy out into the streets and burn them alive.

You don't redistribute shit. You kill enough rich assholes by burning them alive, they quickly learn that they shouldn't be such assholes and maybe not so rich.

I was hoping for a more intelligent rebuke. Don't you have some free speech rally to antagonize?

You mean your faggotry, you liberal faggot.

So what 's your stake in this, OP?

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wow 4 you's in one post, i must be blessed.

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More immigrants should do the trick.

WTF how are CEO's even supposed to afford a college education anymore? We should give them more money so that they can go to school.

This is an economics thread.
Quit trying to derail it, Ivan.

the debt is based on system that has perpetuated its own definition of debt.. change the system = change the debt..

Debt means something very different for a country than it does for a person, especially the richest country in the world. Unlike personal debt, national debt is not particularly bad. Please obtain a basic education in economics before making topics about things you don't understand

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Maybe all those millionaires in Congress could stop borrowing money to pay for wars?

gayniggerretard

>trumpist accuses someone else of acting like a child

Now who would pay for new factories and infrastructure to support an isolationst economy? Plus you seem to forget about a few fiscal crises that led to the creation of the Federal Reserve. I know history is hard to learn, but YouTube is no substitute for education.

Who pays you to consistently make these threads?

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Learn the difference between indentured servitude and slavery. You can then apologize for posting inaccurate meme idiocy.

i don't think you understand the national debt. it's not at all simply "the nation owes some entity money". it's a total of all debt, and most of it is internal, and it doubled after the 2008 collapse because companies were forced to get into debt to survive.

anyway, this movie is neat... six oiled up shemales dick in ass chain.

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why do you plebs defend the rich like this?

They see any form of wealth redistribution or balancing as an attack on capitalism/Republicans/Trump. It's total senseless political partisanship. Logic will find no purchase here. It's all from the dick.

It's not that liberals want lots of free shit, they just think giving all of our tax money to the rich is not going to help the economy. Give a poor man a buck and he spends it. It goes around and around the economy. Give a rich man a buck and he sends it to his off-shore account. Might as well just flush it down the toilet.

Lol retard. That nigga Obama lowered our deficit.

are you retarded the rich will just move

not to mention if they too 100% of the money
from everyone in the country they still could not pay for their retarded plans

they would still have to print about 50 trillion
and even then more

so imaging Zimbabwe style inflation

mean while the rich would still pay $0 because they all simply would move to another country that not retarded and take their money with them...

doubling a number does not lower it
never go full retard

You know that argument had been made and proven wrong for more than seventy years now?

>couple hundred undocumented migrants from crossing yearly. Meanwhile, thousands overstay their visa and reports that some are flying to Canada and crossing a more leniant border. Wake up stupid!
>couple hundred

Are you intentionally acting this naive? Do you know how many people cross per day? Serious question.

>it's not that liberals want lots of free shit,

that exactly what they want

>they just think giving all of our tax money to the rich

you men to the people to have the businesses that provide the jobs
that expand the businesses that create more jobs,

> is not going to help the economy.

who provide the jobs? HURR DURR

>Give a poor man a buck and he spends it. It goes around and around the economy. Give a rich man a buck and he sends it to his off-shore account. Might as well just flush it down the toilet.


offshore account to escape the highest corporate tax rates in the world thanks to liberal democrats , tell me how taxing the rich works lol they just avid the taxes... Those rich people spend more in a year just to upkeep their homes then you make in a lifetime...

I'm sure I could also provide a graph showing an increase in illegal immigration is directly tied to the number of fidget spinners sold.

Also, you realize the republican congress and the preservation of Bush era tax cuts are more to blame for increasing debt than any one thing obama did?

Fuck it, time to eat the rich I say. Push that marginal tax rate on the richest back to 91% like in the 50s... Suddenly we have a lot more money to actually get our country back on track, and the people footing the bill are the one's most able yo afford it.

when?

Yawn.
I'm going to be long dead before any of this shit matters.

>free shit

I'm listening...

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Bill clinton.

See: you were wrong. Now what do I win?

Meanwhile the dipshit-in-chief is driving up the deficit.

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> giving all of our tax money to the rich is not going to help the economy.

>Rich and Corporations pay 90% of the taxes
>Cutting taxes for the top tax payers
>giving 'our' tax money to the rich.

wut

no your faggotry, you homogay faggot.

probably talking about that periods 90% tax when in reality no one payed more then 40% during that time

>The US is 20 trillion in debt
>hey let's try something new..
>WTF NO!
k den

But it sounds SO convincing!

Anyway.. Let's say 'the rich' leave. So what? Their money is already in overseas accounts. The money they have is mostly stagnant, so it' not doing anything but accumulating. They basically take the profits from everything without sufficiently rewarding those who earned it for them, and stash it.

Innovators? Entrepeneurs? Nice dreams, but no. Venture capitalists maybe. Mostly they just hand it down to their kids who then live off the capital gains.

>starving is how you make those hungry people criminals
fixed

Bill Clinton ran on shrinking the debt, the deficit, and welfare reform... That was just over 20 yrs ago. So? Now what?

And many Dems DO talk about it, and actually do more to drive down debt than Republicans. All repubs do is spend liberal these days, but unlike actual liberals they refuse to tax anyone to pay for their spending.

Reminder: Ivan is a cancerous faggot and a reply without a sage gives him kopeks.

well if everything is free then we can start paying off the debt with the money we save.

Do your knees hurt from being on them all day licking boots? You classcuck. Pathetic serf scum

> Indebt
> Lets spend more money
> Oh yeah because Money is infinite with no repercussions
> Try something that has been tried and failed

Hmmmm...whoo think was him..?!

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yang wanna cut tha military toi close tha gap niog

her plan will cost 95 Trillion

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>are you retarded the rich will just move
I'm Danish, we're pretty much democratic socialists here.. the same shit AOC and Bernie wants for the US. We have loads of rich people, a big wealthy middle class and very few poor people. It actuallt works.
>b-but ur oil!
no, that's Norway.

>Lets spend more money
google "New Deal", and learn something exiting and new today.

>Try something that has been tried and failed
most of Northern Europe have implemented these policies, and are doing pretty good.

And we still have a central bank...what a coincidence

you have to photoshop her pictures a bit more, user.. otherwise people might not believe you.

Look who is talking about being naive, you dont actually think a wall will actually make a big dent in the number of border crossings, do you? Correction there will be a couple thousands less, but again if that is worth spending billions for the happy border building.

are you sure it wasnt 999 triillion?

>20 trillion in debt
Who's going to collect? No one. Because America. FUCK the Chinese. FUCK the INDIANS. FUCK the eurotrash and that slimy man-hating cunt Angela Merkel. U.S. of fucking A. We have the NUKES, motherfuckers. Come COLLECT that debt.

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I have a lot of leftwing starbucks dipshit friends just like you.

So where does their money go, under their fucking mattress? Or is it invested in banks and companies that use it to build/expand companies and create wealth? protip its not the mattress fuckhead.

So while these funds are creating wealth, more competitive employment opportunities come with it. Cash is not wealth, wealth is not finite. But sure lets raise taxes so niggers can buy bigger rims. Lets set a minimum wage to drive companies out of business, and FORCE unemployment for those who bring less than $15/hr of value.

can people like you please stop being a dipshit and spreading your dipshit beliefs?

You must be a raging faggot to say no to her.

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BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOBS

I know a lot of fucktards like you. Do you know what these successful companies do? Borrow money. Every single day. Billions of dollars of it. Then they turn around and deduct every single penny of those debt payments. It's funny how these companies you worship play the pauper at tax time, yet champion themselves as "so successful" when it's time to sucker you into giving them money.

>obama doubled out debt dipshit. read a fucking book

No you

forbes.com/sites/chuckjones/2019/01/18/trumps-big-win-the-largest-budget-deficit-with-a-strong-economy/#4f88409d49d1

never stick your dick in bat shit crazy

Just looking at debt is ignoring half your balance sheets. The important thing is public net worth! Does the state own net assets or not?

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lol fag

>Lets set a minimum wage to drive companies out of business

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Reminder: that number was 16.2 trillion until 2016. Trump is a fucking disaster.

My company literally just moved to Ireland. We are a fortune 100 company previously HQ out of Milwaukee for 100+ years. Have you ever seen or read “the news” or do you just watch Ridiculousness with Rob Dyrdek and furry porn?

are republicunts seriously talking about debt now that trump is digging it like never before?

who knew that fixing the economic meltdown left by W Bush would have some cost...

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America, where the poorfags will do anything to protect the richfags

Russian shill or redneck retard.
>Why not both?

Which company are you larping for? Because nobody would move to Ireland right now until the Brexit debacle answers the NI question. You should try reading the news yourself.

They fear facts

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oh

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Nice meme Yakov, can I keep it?

And your point would be irrelevant.

Meanwhile, this graphic if the numbers are true, is relevant.

Fuck off.

>raise min. wage
>prices go up to compensate, or, quality declines. the expenses are covered somehow
>lose business because too expensive or shit quality
>go out of business

Answer the question. How many people cross per day? Per month? Per year? I can bring up the numbers but I want you to cite them. Please use 2018 numbers.

I don't believe the wall will fix the problem of those who overstay their Visa but it's a good first step. Enforce the border and when people realize we mean business, the next step is to go after the people who overstay their Visa.

ANOTHER ONE!

Why are Conservaturds so FUCKING AFRAID of this bitch?

RUN AWAY LITTLE RIGHTIES!!!!

Is that a cold war propaganda? ULTRA-LOL!

>only makes $1
git gud fagoo

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Hillary Clinton tweeted about it. It happens every day. Jesus you are stupid.

No it's not. Correlation does not equal causation. way to miss the point you idiot.

Yep, because the profit margins are so thin on iPhones.

meant this for

Your life has been 0% affected by that border.

You're mad about it because someone told you to be.

You've never investigated the border yourself. You've never witnessed crossings and counted numbers.

You're mad because people told you to be mad, and you accepted their order.

You're not an adult.

Haha

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confirmed OP mobile shitposter
kill yourself

Apple doesn’t offer many positions with minimum wage skill level so what are you talking about...?

Johnson? So they're taking advantage of inversion by purchasing a foreign company, then moving HQ. Yeah, not very nice. Makes sense on books though.

>I don't believe the wall will fix the problem of those who overstay their Visa but it's a good first step.
Not when most of the immigrant crisis stems from people overstaying their visas. Then the wall becomes a colossal waste of taxpayer money for no benefit since pic related still fucking exists in the year of our lord 2019.

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You mean the inversion that happened in 2016?

not sure why nearly every political opinion on Yea Forums is half-baked uninformed garbage

>0% affected by border
>surrounded by blood sucking parasitic hispanics. They bring crime and their expanding carbon footprint

I'm not mad because someone told me to be, I'm mad because they're infecting our country with dumb, rabbit breeding communists. "they just want to work" They're too dumb to work anything worth anything and due to our generous welfare system, their women and children make them net drain on society. If the only people that came here were sterile men, then yes they would be a net positive.
>Never investigated the border myself
What is this suppose to mean? That I didn't drive down there myself and personally witness thousands streaming across the border? I don't need to, it's well documented that we have an illegal immigration problem. A sizable number of people such as yourself have already decided no matter what happens, illegal immigration is not a serious problem.

Fuck off Russian troll

The truth is sometimes funny

>Colassal waste of taxpayer money
>Thinks $100Bn for an 80mph train is a good use of money

Get fucked


>Logic:Most illegal immigration is from people overstaying their Visas, therefore building a wall is useless.

npr.org/2019/01/16/686056668/for-seventh-consecutive-year-visa-overstays-exceeded-illegal-border-crossings
"The report released Wednesday by the Center for Migration Studies of New York finds that from 2016-2017, people who overstayed their visas accounted for 62 percent of the newly undocumented, while 38 percent had crossed a border illegally."

So you're basically saying that because most people are overstaying their visa (62%) that the 38% do not matter? How about we eliminate the 38% to show the 62% that we mean business.

Right now, our immigration system is a joke.

>due to our generous welfare system, their women and children make them net drain on society
my favorite part of this retarded logic is that it reveals how ignorant the shitposter is of how social programs actually work in this country.
>you have to prove you pay into the system before you get approved to live on it
otherwise yknow....this exact fucking thing would happen. but i guess our entire bureaucratic system behind social programs is for no fucking reason whatsoever right? certainly not to prevent people who don't pay into a system from abusing it.

>80mph train is a good use of money
we're not talking about trains.

>(62%)
>so you're basically saying that over half of the problem matters less than a little over 1/4th of it?!? REEEEEEEEEEE

my sides.

I could point out more jokes about immigration, but I doubt you would find them as funny as I do.

Because nearly all of Yea Forums is either underage or autistuc

Roll

I found a picture of OP

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>I have a lot of leftwing starbucks dipshit friends
lol

I know a lot of inbred idiots like you too. They usually complain about a problem, and then strut around with their condescending attitude like they've issued a final statement on the matter using incorrect or outdated information that was spoonfed to them by sources controlled by the people exploiting their idiocy.

Can people like you just shut the fuck up about what you don't understand and admit that you might, just might, NOT know what the fuck you're actually talking about?

we're talking about expensive infrastructure. California thought it was a good idea to spend $100Bn on the 80mph train but not spend $8Bn on a border wall.

You didn’t respond to anything I said with any sort of logic or facts. And you wonder why you are a joke to us?

Keep whining, keep being poor, just stop spewing your bullshit or you will drag everybody else down with you.

Please do tell of my 'ignorance" on our social programs. The only person who has shown any ignorance is you. Erroneously thinking that illegal crossing is only in the thousands per year.

38% is a little over 25%.... You're obviously a liberal arts major who can't distinguish between a quarter and a little less than 40%....

I'm not taking this bait

>The US is 20 trillion in debt
I wonder who we have to thank for that *cough* Republicans *cough*

>we're talking about expensive infrastructure
no we're talking about a wall between the united states and mexico. you don't get to move the goalpost to include extra curricular shit. it will always be off topic.

you want to spend billions of dollars on a wall that will not make a dent in the small portion of the problem illegal crossings actually occupy.

Reminder: Democrats can do math and lower the deficit, expand social services to increase our quality of life, and expand the economy while Republicunts wreck the economy and explode the deficit while cutting social services we already paid for every time they have been in power in the last 48 years.

An 8mph train is a better investment than any retarded wall.

Faggot you have to prove you work in this country to get on those programs. You've obviously never actually had to apply, or get approved to live off, of these fucking programs. You literally, and figuratively have no fucking idea what you're talking about. You're making shit up and using statistics as some kind of weird "gotcha!" when they don't matter. You can't just move here and get approved for SNAP benefits. I'm sorry, but no amount of your bitching can change that.

The adults have decided it isn't a problem, because it isn't.

We aren't all racist cunts.

don’t think so, most people can run faster than that.

No, no we don't faggot. The left is most certainly the death of America and the economy. I live in NY and voted as an independent for Trump. I have a good job, only started making more once Trump fixed regulations and taxes. NY state and all liberal held areas are fucking garbage. We're paying double the taxes for the shittiest infrastructure. All because of welfare leaches. The left is cancer.

Explain how doubling the debt under Obama from 10.6T to 19.97T is the fault of the republicans?
thebalance.com/national-debt-under-obama-3306293

Lmfao literally dating a chick whose been on snap for a decade never ever had a job.

>Calls wall a colossal waste of money
>Can't talk about $100Bn 80mph train

get fucked

Would you be happier if it was a smart wall? Is this >really about the wall?
Do you actually care about saving money or are you just pro illegal immigration? How much do you think is a reasonable amount of money to spend on the wall. When people illegally cross the border, what do you think we should do with them?

I think we have a difference of opinion on whether the owning class has actually earned their wealth. You say they are creating wealth, who is that wealth going to? The owning class will only pay their workers just enough to keep them from leaving and they do this so they can keep more of the profits. That amount kept, was not earned, it has no relation to how much the CEO or owner is worth to the company. Unless you see the owners job as finding the lowest amount they can pay their workers so more money can go to them, their investors and stocks. What this actually is, is wage theft, to pay just the minimum they can get away with. So to say the job creators are entitled or have earned it is a fallacy. Years ago when taxes were higher, the rich was incentivized to reinvest money in the company and its employees instead of losing so much of it to government.

Now that taxes are low they can keep more of the money and its best to keep wages as low as possible. It drives some of the ceos so much they can't even bother to get the proper cancer treatment. pando.corn/2014/01/23/the-techtopus-how-silicon-valleys-most-celebrated-ceos-conspired-to-drive-down-100000-tech-engineers-wages/

This

>All because of welfare leaches.
When you punch, punch up, not down. There wouldn't be nearly as much welfare if the companies paid properly.

>asks for 1950s tax code
>doesn't understand that Revenue to GDP has been flat for 70+ years.
>being this stupid.

The us is in debt because of Republican mismanagement.... Maybe taking them out of power will help turn the country around and put it back on the road to greatness...

Do you live in a leftist shit hole? I'm a full time employee getting zero government benefits getting raped by taxes so people too fucking lazy to get a job can eat GTFO of here with that shit. I don't even have a college degree, no family help, but I'm saving for my first house regardless. Fucking blame yourself if you want to for your own failures but dont bite the hand that's literally feeding you faggots.

Andrew Jackson was a democrat when he was president FYI.

In the USA most large companies are publically owned, the C-suite execs can’t just decide to keep profits.

The rich are incentivized to invest because otherwise, their money loses value, and they can’t make more.

I don’t see the problem with an individual making $1mil if he creates the opportunity for thousands of people to earn tens of thousands.

Everybody is different, some people are laborers, some can invent things, some are good with numbers, and some can take all of them and use them to create and run a company. Who is worth more then?

The owning class pay their workers what they are worth, how much value they bring to the company. If an employee feels they are worth more, prove it, find a company willing to pay more. Can’t? Then they aren’t worth more.

OP a republican in the White House means deficits don’t matter hth

>getting raped by taxes so people too fucking lazy to get a job can eat

21.3 Percent of U.S. Population Participates in Government Assistance Programs Each Month. The unemployment rate is 4 percent. That means that around 17 percent of working people get government assistance. As you can see unemployment is very low, so this idea that there are so many lazy people leeching the system is mathematically impossible.

As far as your problem, it's the same problem as the 17 percent of working people. The companies are keeping too much of their profits or handing it over to their ceos and fucking their workers.

>17 percent of working people.
17% if working people are freeloading bums
They found out they can get free shit and they took it.

Great example of liberal entitlement syndrome

No if companies paid people properly then full-time working people wouldnt be eligible for government assistance.

>17% if working people are freeloading bums
Those lazy working people? I think maybe you have been tricked.

>Doesn't understand unemployment rate does not equal labor participation rate

Labor participation rate is 63%
4% unemployment rate is for those who file for unemployment.

>paid properly
>barely can flip a burger without fucking it up

Way too many retarded people and not enough jobs for them. People are paid exactly what they're worth. If the labor pool is large, employers have the advantage, and if the labor pool is small, employees have the advantage. You only think of it being one sided because you're part of the labor pool. That's very one sided way of looking at things.

If silicon valley could pay employees $30K a year, they would. They can't because they're in demand.


Everybody who bitches about 'unfair pay' are those who don't understand economics. People are paid exactly what they're worth, anything more and the market will correct for it. Anything less and the market will correct for it. Markets aren't instantaneous but they eventually correct.

>working
not working
they have jobs but dont really work
bottom line: many low tier jobs are filled with lazy fucks. that's why it takes so many people to do 1 job. that's why they don't get paid much. they dont earn it

The numbers I gave were never meant to be completely accurate. I used a number for 2015 for the estimate of people using government benefits. What we see though is that the majority of people in assistance have jobs. The problem is not being lazy, the problem is low paying jobs.

npr.org/sections/thesalt/2017/05/24/529831472/trump-wants-families-on-food-stamps-to-get-jobs-the-majority-already-work

Well it's also well documented that govt. benefits trap people in those benefits by disincentivizing people from making too much money.

Breakdown that 17% and you're going to be surprised by the fuckery going on there. Aside from the fact that most of these people are working shitty minimum wage jobs like fast food or something. Find a trade and you can work AND feed yourself. Try again retard. Do you even work?

I live in New Mexico near El Paso Texas. We don't call El Paso "North Juarez" without reason.

Seriously, I take a lunch break from my manufacturing job, where if I fuck up parts I get chewed out or fired, but the fuckers making my fries can't add ice to my drink, can't get a burger put together that doesn't look like it's been tossed around by a couple retards, or even have my order correct and yet they want more money. Lmfao

I know a guy who takes unemployment every once in a while when he fancies a bit of a paid vacation. It's insane the state of this system.

>People are paid exactly what they're worth.

Says the market? The market that wants to pay them as little as possible. The only thing stopping minimum wage workers from getting paid less is the minimum wage. The minimum wage is supposed to change, it's a standard of living. There are homeless people with jobs. The market is not to be trusted as the basis for value because people can't be trusted to understand their value. Engineers understand their value, and they are still getting fucked.

>Says the market?
yeah.... it's called the job market son

know how to develop AI apps? You get $750,000 plus perks.

no? OK you can flip a mean burger? well guess what: everyone can do that. minimum wage.

libs think everyone should be able to afford a stay at home wife, 2 kids, 2 cars, and a home making minimum wage. The world doesn't work like that son.

>disincentivizing people from making too much money.

The way they are trapped is that they currently have a job and welfare and it gives them x amount of money. The higher paying job they were offered means they need to go off welfare but those benefits are worth more than the pay increase so they don't take that job. That doesnt mean they won't take a higher paying job if it makes up for the loss in welfare.

>minimum
>only thing stopping minimum wage workers from being paid less than minimum wage is minimum wage

Really? So you're telling me there are people in the USA who will work for $1 per day? I'd like to see that. A lot of companies have raised their minimum wages above the prevailing minimum wage because they could not find employees to do the jobs at minimum wage.

Believe it or not, people will not work for any amount of money. Minimum wage is unnecessary.

>The world doesn't work like that
It actually did, in the 70s low paying job could pay for a 2 bedroom apartment. It doesn't work that way anymore because minimum wage hasn't been adjusted.

The only way people take the higher paying job vs. welfare is if the job makes at least double which is quite unusual if people are getting pay raises which are always incremental in nature.

WTF would you take a job with more responsibility if the govt. will subsidize you to take a job with less responsibility?

Nice made up number

Minimum wage has adjusted, just not to housing. The housing standards + labor standards has precluded the building of cheap housing that would satisfy your point.

Housing demand far outstrips labor demand. Consequently it's harder to get housing than it is to get labor.

a flat tax at 15% would be OK, but high earners have so many tax breaks. Also, it's a marginal tax rate. So, everything below $500K is below 37%.

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>70s low paying job
Yeah, it also worked in the 1870's and 1770's.
But guess what? Technology happened.
If we still lived in the 70's, TVs would cost $8000 and cars would be $100,000.
Technology makes things affordable. This includes assembly lines.
Adapt or die. That's how the world works sport.

>WTF would you take a job with more responsibility if the govt. will subsidize you to take a job with less responsibility?

Because it makes up for the loss in welfare

Actually, it's 1.2 million starting in the Bay Area.

exactly. they claim fiscal responsibility and then reduce taxes and increase spend.

No they just need to increase minimum wage instead of letting people die.

ya brah.
I need at least $80,000 starting salary at McDonalds.
Fair wage yo

>Welfare recipient is incentivized to NOT take govt. money why?

If you were a welfare recipient, wtf would you take LESS govt. money if you didn't have to?

No it isn't, the internet would know if it were true

They don't increase spend unless we're involved in wars. They do like cutting taxes in the hope they can cut spending but democrats cock block on the spending cuts.

OK. What, exactly, should it be? $20, $30???
What do you think that would do to a price of a hamburger?

Because your new job makes up for it.

>increase minimum wage
>employer can't afford to keep you employed
>now you get to enjoy your 52 weeks of vacation

Look at Australia's cost at McDonald's. They pay their workers around 18 an hour

Again, look at other countries, with higher minimum wages.

LOL I'd like to see them try
youtube.com/watch?time_continue=1&v=q6vi528gseA

But I don't want this job, I liked my old job of low responsibility. The pay was sufficient due to govt. subsidy.

that's aus dollars idiot
works out to ~$12 an hour

>Higher taxes
>Higher unemployment
>Higher welfare recipients
>Lower GDP

Yup, I'm going to look towards less successful countries.

Comparing wages straight across the board is theoretical fantasy and means nothing . Its more complicated than US is $11 and Austraila is $18.

Unofficial Yea Forums server


discord..gg/
ct69xYa
(Take off the extra dot)

cool story bro

Then you are a contrived idiot. People like getting paid more, and will gladly take the higher paying job.

That's a very long commute, I think you may be better off staying in Australia where it worth more. Instead of bringing it back to USA where it is still higher than USA minimum wage.

Have fun eating kangaroo dick with your participant waifu , pleb. Im wrapping up negotiations with Burger King for $210,000 plus stock options and exclusive timeshare of the yacht. Sucky part is I have to work drive thru one Saturday a month but what can you do when youre dealing with corporate greed amirite?

You're the idiot. I'm not EARNING MORE if you're taking away my govt. benefits as I get a pay raise which is taxed. Unless you double or triple my income overnight, why should I work more at this new job with higher pay when I was fine with my old job? My old job with govt. benefits pays me the same as that new job with no govt. benefits.

Except they have raised their minimum wage so it's a living wage and it hasn't turned into Venezuela.

That was never my arguement, good day sir.

thats because they arent Venezuela

why is this garbage thread still going?

Raising minimum wage just hurts minimum wage workers. This has consistently been proven time and again. Nobody says it's socialism but it is an artificial limitation that is of no benefit to low wage workers.

>implying that a level of debt is bad

are you fucking autistic?

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>been proven time and again.

No that's a myth, remove it from your brain.

forbes.com/sites/timworstall/2015/08/04/the-7-most-dangerous-myths-about-a-15-minimum-wage/#39dd3ae25ec8

m
I know alot of people in seattle. Its not a myth. Not even clicking that propaganda, you fuvking pinko tryhard .

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>forbes.com/sites/timworstall/2015/08/04/the-7-most-dangerous-myths-about-a-15-minimum-wage/#39dd3ae25ec8
Article is from 2015 and is an opinion piece. I'll one up you..

washingtontimes.com/news/2019/jan/21/a-15-minimum-wage-bad-news-for-low-income-workers/

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But low wages causes technological stagnation.

As long as labor is relatively cheap, business can afford to keep employing workers to do stupid manual inefficient work.

You need strong unions and an expensive workforce to incentivize investment in advanced technology in order to reduce labor costs and grow labor productivity.

Anti-worker economics are a recipe for rentier capitalism--essentially a return to feudalism where big owners can sit on their assets and rake in income without having to risk investing in experimental new processes.

We need to reduce developing world birthrates, limit immigration, publicly fund STEM R&D, apply eugenics to the native population so they are capable of high value added work, and unionize workers and apply collective bargaining contracts for high wages and safer more desirable working conditions to whole sectors/industries. That's how we can ensure progress.

Cutting public funding and letting business exploit workers without limit is how you get wage slavery, ghettos, and a permanent underclass of low IQ superstitious ignorant savages.

With a Moonie cult reactionary rag. lulz.

Too many of your ideas are held by different parties with conflicting interest. Like Keynesian economics, we only implement some of its ideas. That's a mistake, either do all of it or none of it.