Concord Coalition: Raise Debt Limit

[LeesGator]

Originally Posted by Row6

Yes.

Fair enough.

[JerseyGator01]

What exactly does "non-partisan" mean anymore when most people who start these "non-partisan" organizations spend their lives living off of the support of one of the major parties: both of which have a rich history of being fringe left on fiscal issues.

[mocgator]

Originally Posted by dangolegators

We have the means to repay our debts and obviously investors all over the world know this or they wouldn't be loaning the US money at very low interest rates. We have the means to pay our obligations, it's just that a lot of folks don't want to.

The issue at hand is whether or not congress wants to 'take responsibility and not be a deadbeat' by authorizing the payment of obligations congress itself has agreed to.

Obama and the leftists have ZERO intention of slowing spending.... Much less cutting it. The need to buy votes and punish the producers. Marxism 101.

[ATLitigator]

Originally Posted by dangolegators

This is nonsense. We do have the means. It remains to be seen if we have the will.

well by all means please share with us where the fd govt is hiding all these means we have to pay the debt.....

I seem to recall congress just passed a tax increase to try and lower the deficit....now why would they have to raise taxes if we have the means....?

[Matthanuf06]

Originally Posted by dangolegators

This is nonsense. We do have the means. It remains to be seen if we have the will.

Rates are only low due to the Fed manipulating the curve . That can't last forever

[dangolegators]

Originally Posted by ATLitigator

well by all means please share with us where the fd govt is hiding all these means we have to pay the debt.....

I seem to recall congress just passed a tax increase to try and lower the deficit....now why would they have to raise taxes if we have the means....?

Return to Clinton era tax rates, cut defense spending and reduce health care costs for medicare. These are all things that can be done -- the country can afford to do them. National GDP is around 16 trillion and total net worth of US citizens is around 65 trillion. So yes, we can afford to pay our debts.

[dangolegators]

Originally Posted by Matthanuf06

Rates are only low due to the Fed manipulating the curve . That can't last forever

And investors all over the world know this. Yet they still invest in the US.

[ATLitigator]

Originally Posted by dangolegators

Return to Clinton era tax rates, cut defense spending and reduce health care costs for medicare. These are all things that can be done -- the country can afford to do them. National GDP is around 16 trillion and total net worth of US citizens is around 65 trillion. So yes, we can afford to pay our debts.

the left loves top throw this out there....you know , i'd be thrilled to go back to clinton era tax rates if we go back to clinton era SPENDING levels

why does the left never ask to go back to that part of the clinton era?