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Old 11-07-2012, 01:04 AM
 
19,952 posts, read 13,575,855 times
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Quote:
Originally Posted by The Homogenizer View Post
What about the platforms lead you to believe that the U.S. will suspend Keynesian economics?
The fact that he's going to spend so much the Chinese won't lend us any more once the debt hits about $25 T.
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Old 11-07-2012, 01:07 AM
 
1,512 posts, read 1,573,816 times
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Quote:
Originally Posted by Vizio View Post
The fact that he's going to spend so much the Chinese won't lend us any more once the debt hits about $25 T.
That's intriguing. Where did you get that number?
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Old 11-07-2012, 01:10 AM
 
47,576 posts, read 60,532,892 times
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Quote:
Originally Posted by The Homogenizer View Post
That's intriguing. Where did you get that number?
If you were the Chinese, wouldn't you have had some limit in mind -- especially when you see that we're never going to pay it back and our elected leaders see no reason to get their spending under any kind of control.
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Old 11-07-2012, 01:38 AM
 
Location: Palo Alto
12,172 posts, read 7,024,958 times
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Quote:
Originally Posted by malamute View Post
It's actually good that it's a democrat president who will have to impose a little austerity on his same voters who now expect government handouts will fall like manna from the sky onto them. They really don't see what's coming.
Not a clue. They loved Clinton and brag about his "surplus". Wait till his tax rates return.
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Old 11-07-2012, 01:51 AM
 
17,027 posts, read 9,533,008 times
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Quote:
Originally Posted by VTHokieFan View Post
Great news everyone. We've already compromised on how to slash the deficit in half, it's called the fiscal cliff. Everyone, from the 1%ers to the minimim wage employees WILL ALL have monetary skin in the game this time around in tackling our budgetary problems. We're also slashing spending on both GOP and Democratic pet programs. The good news is that all we have to do is sit back and let it run its course. Brace for a recession and high unemployment for a few years, and then enjoy seeing our country live on for another century.

How often in medicine is it that sometimes the cure can be more painful than the disease? Welp, this is a bit like this.





Let's go, we are already warmed up for it for a few years now.
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Old 11-07-2012, 01:55 AM
 
Location: Houston
22,412 posts, read 11,547,569 times
Reputation: 9037
The two Keynesian parties won't go over that cliff.
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