Big Spender Biden To Blame for Inflation and Coming Debt Ceiling Brawl

David, cashing your dead mommy's social security checks isn't really a job.

I ascribe great power to Tucker Fucker, if only because whatever he bleats about today will be copycatted by Millerscum, Boilerboob, et al the very next day. He's a puppet master, on an almost Trumpian scale.

A balanced budget isn't a desirable goal if the cost of borrowing is substantially lower than inflation. I can direct you to some relevant fundamental texts.

Finally, the government doesnt print money--it prints CURRENCY, a crucial distinction.  Currency represents wealth, and since our aggregatewealth is constantly increasing, not printing currency would result in deflation, which if unchecked, is at least as bad as inflation.

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What's one of the central tenets of Keynesian economics? One  is that government intervention in money matters ( as opposed to the  free market) can stabilize the economy. I think the Covid experience was one recent good excuse for their intervention.. we had no viable alternative. I just happen to believe overspending by both / either party during non-crisis times hurts the entire lot of us. Too old to change, too... too late to the damned party..too philosophically conservative..and perhaps a tad rigid, ultimately. No apologies..just ignore my posts and be happy, make joyful noises, etc.

Yeah,well.. a bit nitpicky of you. Currency is a tangible form of money, then. Don't tell me that's false. Feel better? They still print it at the drop of a hat, or sooner. Typically, we're making no policy approach progress/ no sways accomplished here. The standard philosophical differences emerge yet again..always does. That's OK, despite the absurdity.

Truthfully, it might be more fun to argue about the keys to the upcoming NFL game between my good guys and your bad guys. It has the makings of a good old fashioned western movie...a shootout with multiple struggles. I'll start... to make you feel comfy, etc. You'll just have to excuse ( or not) the suggested off-topic issue for this thread ( as if that matters a tinker's dam).

Our key missions, I believe, are to squelch McCaffrey offensively and to slow down Bosa's pass rushing talents. Then we need some semblance of a running game and for Dak to have his emotions / psyche in a place where he can deliver an almost perfect performance (aka a repeat of the Tampa Bay performance). As a sidenote mission, it'd be nice if our kicker can do his damned job. All those are daunting, perhaps. We'll see.

What say you? And don't scream or use any misspelled southern dialect /inflectives, please. It's not healthy nor impressive.

SF is a much, much, much better team than DAL. The Cowboys always get good press and are known nationally, while the Niners have a mostly regional fan base. So the Cowboys are always overbet, which is the only reason for the ludicrous -4 spread. The home team should be a 3 point favorite if two teams are equal. This line suggests that the two teams are equal, which isn't so.

The Niners simply have too many offensive weapons. Focus too much on one playmaker and they'll punish you by spreading the action out to the other five. The roles of running back/tight end/wide receiver are filled by the same player(s) at once, which leads to lots of run-after-catch big plays.

The Niner defense can stop a team dead in its tracks. The Dallas defense---not so much.

So, given that this is a home game for the Niners--it'll be only a bit closer than Bambi vs. Godzilla.

(And let's not forget the holistic value of the event, the sheer abundance of joy that will flood the nation, the day that the Cowboys are ejected from the playoffs.)

On paper and pure overall previously observed talents and recent overall performance, the Niners win. They are powerfully talented.. .several immensely skilled stars..6 or 8 (?) current team members , barring career-ending injuries, will likely end up enshrined in Canton eventually. But the oddsmakers don't really have an algorithm metric that truly measures heart / will / misguided hope. When the Cowboys are "on" ( define that as you will), they can beat anybody. Logic says bet on the Niners..heart says back my team. That's where I'll land.

And to counter your claim, the Cowboys are , in fact, America's Team..still; their popularity exceeds all others ( fan-base wise..that's a fact). Anecdotally, they're somewhat similar to solid conservatives..one either loves or hates them ( know what I mean?) I think more American pro fans actually dislike Jerry Jones more than they do the team / players ( often with good reason). But that's another argument; have to give him credit for marketing ability with control over the most profitable sports franchise in history.

Sing your souls to Heaven, Niners fans..cause your ass belongs to the Cowboys come Sunday. Hope springs eternal..or some such nonsense.

David - I'm going to type this really slowly so you can understand and make an attempt to give an honest, straight answer.

Was the spending bill that gave you your COVID check a good thing or a bad thing?  The answer is an opinion - so there is no wrong answer unless you say two different, contradicting  opinons which is what you've done on this thread.    Do you have a final answer?  Or are you just too dumb to understand that the debt you're crying about is comes from the same checks you say you deserved?

Your link took me to an article that shows the Trump admistration added 7.8 trillion to the debt, increasing it to 28 trillion. That's still ridiculously far from a balanced budget, which niether side seems to want. The debt is now up to 31 trillion. Why can't these congressional clowns, on both sides, get the US into a balanced budget?

Because a balanced budget is a nice-sounding concept and satisfies simple minds, it's a goal of many, but it isn't all that necessary. If we have to borrow to cover a budget shortfall, we do so with T-bills paying about 1% APR. And we'll be repaying that debt with future money, with a 7% inflation rate!

When interest costs are much less than inflation, it's stupid NOT to borrow. That goes for individuals and companies as well as governments. But the US government has the best credit rating in the world and pays extremely low interest rates on its borrowing. That's almost always been the case, but even more so now.

That's why the renewed RepubliQ threats to shut down the government are so reckless and stupid. If we default on our debts, even briefly, our credit rating declines, and we lose trillions of dollars.

Now, in response, you can rant about them evil liberals or tell me I've never been to Las Vegas or something  else from your cache of tommyrot, but you should really read what I just said carefully before you get all puffed up and outraged over a fiscal policy that benefits us.

kevin is either stupid or a liar or both.

Federal budget is going to feature "record" numbers, because the population, tax revenues, and other factors are going to be larger than they ever were before!

In 2019 Federal spending was $4.4T.  It is now $6.4t; an increase of almost 50%.  population has gone from 319m to 321.5 a 1% increase.  Spending is far outpacing population growth.

It's financed by government obligations that carry interest rates of 1 to 1.5 percent!

Federal bond rates are over 4% and climbing.

One would think the cpa/economist/tax expert (kevin) would know that