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Bernie and Hilly's Lack of Credibility on Debt
Posted: Mon May 09, 2016 3:28 pm
by johnforbes
Trump knows money.
His remarks is the only serious one about debt.
What does anybody think will have to happen, at some point, with 19 trillion in debt but default or inflate our way out?
What do Bernie and Hilly plan to do except CREATE MORE DEBT?
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Tue May 10, 2016 7:14 pm
by elklindo69
So Trump's suggestion of defaulting on debt is a plan?
Nice one Johnnie!
:lol:
http://www.npr.org/2016/05/09/477350889 ... -explained
BQ: You're not talking about renegotiating sovereign bonds that the U.S. has already issued.
DT: No, I don't want to renegotiate the bonds, but I think you can do discounting. I think depending on where interest rates are, I think you can buy back. I'm not talking about with a renegotiation, but you can buy back at discounts, you can do things at discounts. I'm not even suggesting that we don't borrow money at very low rates long term so we don't have to worry about when they come due.
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Tue May 10, 2016 8:43 pm
by RealJustme
BQ: You're not talking about renegotiating sovereign bonds that the U.S. has already issued.
DT: No
Got it!
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Wed May 11, 2016 1:06 pm
by johnforbes
Bernie's health plan alone would cost 33 trillion over 10 years.
That is per even liberal news outlets.
Bernie wants to get 15 trillion of that in NEW taxes, leaving 17 to 18 trillion to fall from the sky.
A kid like Elkin doesn't understand that it is fundamentally bad to owe 19 trillion, as we now do.
Even worse to add on 17 trillion more.
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Wed May 11, 2016 2:47 pm
by elklindo69
johnforbes wrote:Bernie's health plan alone would cost 33 trillion over 10 years.
That is per even liberal news outlets.
Bernie wants to get 15 trillion of that in NEW taxes, leaving 17 to 18 trillion to fall from the sky.
A kid like Elkin doesn't understand that it is fundamentally bad to owe 19 trillion, as we now do.
Even worse to add on 17 trillion more.
Nice one Johnnie!
The math around the "projections" are so nonsensical just like Forbestardo's posts...
:lol:
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Wed May 11, 2016 3:59 pm
by tvd
elklindo69 wrote:johnforbes wrote:Bernie's health plan alone would cost 33 trillion over 10 years.
That is per even liberal news outlets.
Bernie wants to get 15 trillion of that in NEW taxes, leaving 17 to 18 trillion to fall from the sky.
A kid like Elkin doesn't understand that it is fundamentally bad to owe 19 trillion, as we now do.
Even worse to add on 17 trillion more.
Nice one Johnnie!
The math around the "projections" are so nonsensical just like Forbestardo's posts...
:lol:
Ask Jim Cramer....yeah, that's the ticket. He will know.... :lol:
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Wed May 11, 2016 4:06 pm
by tvd
elklindo69 wrote:
The math around the "projections" are so nonsensical just like Forbestardo's posts...
:lol:
You know, for once I have to agree with Elk. For once.
You are right Elk, the projections are nonsensical....the added costs will probably be double the projections... :lol: :lol: Double LOL for that one.
Re: Bernie and Hilly's Lack of Credibility on Debt
Posted: Wed May 11, 2016 4:16 pm
by johnforbes
Elkin, the math you make fun of is directly from the Washington Post's analysis of the Sanders plan.
Surely you realize they were talking about projections and that these figures are in TRILLIONS?
Again, little Mr Elkin, these figures come from the Washington Post.