[JonathanLB]

Originally Posted by tijlover

If the Great Recession had fallen on Trump's lap, we'd still be in a Recession, as he'd have been clueless as how to stimulate the economy. What he would have done, given the lousy businessman he's been (the bankruptcies) is he would have cut the taxes on the rich to 0% (Trickle down theory that doesn't work and never will) and tore up more environmental regulations, deluding himself into thinking that would turn the economy around. He's doing the same with our country as he did with his businesses, bankruptcy!

Get real. The guy has made billions, what have you ever done?! Bankruptcy is a tool and it’s nothing more than business. You can renegotiate with lenders if the terms aren’t favorable anymore - are we supposed to feel sorry that banks lost some money?! I don’t.

And trickle down economics do work. It’s about the only thing that works actually because employees and the wealthy create the jobs and the economy everyone else works. You give poor people money they spend it, great, that stimulates the economy in its own way but only for a tiny fit. It doesn’t help create anything.

I don’t think the healthy should ever be in the same risk pool as people with major issues - they can pay for their own healthcare, I don’t want to subsidize it. That’s ridiculous. The only selfish thing is thinking everyone else and society is responsible for paying for YOUR healthcare! You want it, you can pay.

[kttam186290]

Originally Posted by JonathanLB

I don’t think the healthy should ever be in the same risk pool as people with major issues - they can pay for their own healthcare, I don’t want to subsidize it. That’s ridiculous. The only selfish thing is thinking everyone else and society is responsible for paying for YOUR healthcare! You want it, you can pay.

You're a real peach, let me tell you!

You may not want to face it, but you're going to get old too, at some point! ...Just like your elderly relatives who live there in Henderson near you.

I hope -- for your sake -- people are much kinder and more accommodating to you when you reach that point.

Let me tell you something Jonathan(LB)LittleBoy: ALL OF THAT MONEY YOU ALWAYS BRAG ABOUT HAVING CAN BE GONE IN THE BLINK OF AN EYE -- A NANOSECOND! JUST LIKE THAT!

...And, what will you be left with? ...Who will you have to take you in and help you?

You keep pulling that Dragon's tail and you will get the fire, soon enough.

As far as I'm concerned, people who think like you do deserve all of the wrath and hatred you have coming your way!

[JonathanLB]

Haha well I’m trembling. You act like just because someone gets old, this is some unpredictable thing that nobody could see coming. We have a program for that - Medicare. You can save money on your own throughout life to help you in retirement too. You don’t need to spend every dime you earn. And, no, the only way my money is going away is when I die and leave it all to charities.

[kttam186290]

Originally Posted by JonathanLB

Haha well I’m trembling. You act like just because someone gets old, this is some unpredictable thing that nobody could see coming. We have a program for that - Medicare. You can save money on your own throughout life to help you in retirement too. You don’t need to spend every dime you earn. And, no, the only way my money is going away is when I die and leave it all to charities.

Oh...now we're talking about "Medicare" and "charities". Nice, 180-degree turn there!

If everyone thought and acted the way you do, there would be no programs like "Medicare" and "charity". Get that through your big head, dude!

[08grad]

Originally Posted by kttam186290

You're a real peach, let me tell you!

You may not want to face it, but you're going to get old too, at some point! ...Just like your elderly relatives who live there in Henderson near you.

I hope -- for your sake -- people are much kinder and more accommodating to you when you reach that point.

Let me tell you something Jonathan(LB)LittleBoy: ALL OF THAT MONEY YOU ALWAYS BRAG ABOUT HAVING CAN BE GONE IN THE BLINK OF AN EYE -- A NANOSECOND! JUST LIKE THAT!

...And, what will you be left with? ...Who will you have to take you in and help you?

You keep pulling that Dragon's tail and you will get the fire, soon enough.

As far as I'm concerned, people who think like you do deserve all of the wrath and hatred you have coming your way!

Imagine writing this at 2am.

[usnftcret]

Originally Posted by kttam186290

You're a real peach, let me tell you!

You may not want to face it, but you're going to get old too, at some point! ...Just like your elderly relatives who live there in Henderson near you.

I hope -- for your sake -- people are much kinder and more accommodating to you when you reach that point.

Let me tell you something Jonathan(LB)LittleBoy: ALL OF THAT MONEY YOU ALWAYS BRAG ABOUT HAVING CAN BE GONE IN THE BLINK OF AN EYE -- A NANOSECOND! JUST LIKE THAT!

...And, what will you be left with? ...Who will you have to take you in and help you?

You keep pulling that Dragon's tail and you will get the fire, soon enough.

As far as I'm concerned, people who think like you do deserve all of the wrath and hatred you have coming your way!

It would take a massive asteroid hitting the earth to cause what you just described. If it happened we would all be dead anyway.

[Katie the heartbreaker]

Originally Posted by usnftcret

It would take a massive asteroid hitting the earth to cause what you just described. If it happened we would all be dead anyway.

No it would not. It happened in Germany, Zimbabwe, and Venezuela, to name a few. None of those had a massive asteroid that killed everyone. I personally have been warning of another great depression for the last 5 years I have been on city data. Everyone said it could not happen again as we are much too advanced now. Just last year, I would get laughed at as we were supposedly in the greatest economy ever. Now it is even in the mainstream media that it is very likely, and the root cause is not some silly virus. Foreign countries are not only not buying US treasuries, but they are cashing them in, and the Fed has to print like crazy to make up for that. Add to that the drastically reduced tax revenue, and it doesn't take a rocket scientist to see the writing on the wall.

[Lwcasu]

Originally Posted by Katie the heartbreaker

No it would not. It happened in Germany, Zimbabwe, and Venezuela, to name a few. None of those had a massive asteroid that killed everyone. I personally have been warning of another great depression for the last 5 years I have been on city data. Everyone said it could not happen again as we are much too advanced now. Just last year, I would get laughed at as we were supposedly in the greatest economy ever. Now it is even in the mainstream media that it is very likely, and the root cause is not some silly virus. Foreign countries are not only not buying US treasuries, but they are cashing them in, and the Fed has to print like crazy to make up for that. Add to that the drastically reduced tax revenue, and it doesn't take a rocket scientist to see the writing on the wall.

There are many large difference between those countries and the USA. The USA is the world reserve currency. We don't have to pay reparations. We don't depend on one resource. We could be entirely self-sufficient if we wanted to be. It would take time, but we could actually do it (it's not going to happen, but it's possible) Yes, there is debt, but the rate is low. And, if you look around, almost every single other country also has a lot of debt, except for Russia. At the end of the day it's a confidence game. And, the US has the petrodollar and will go to war to defend it.

To actually see hyperinflation here, you'd need to see an end to the petrodollar. I don't see that happening right now. Yes, the top is getting a large bailout, and the money supply is increasing, but that doesn't mean the money is getting into people's hands. In 2008, the fed's balance sheet blew up, gold and silver skyrocketed, and you had deflation in the housing market, the used car market, and basically any other good you could think of. And, that's the real problem here. This is keeping companies solvent, liquid, and afloat. The government is not actually putting more money into the consumers hands. $1,250 is nothing when 30% of the workforce is unemployed. Now, if the government starts handing out $3,000-$4,000 per person per month in perpetuity all bets are off.

[Katie the heartbreaker]

Originally Posted by Lwcasu

There are many large difference between those countries and the USA. The USA is the world reserve currency. We don't have to pay reparations. We don't depend on one resource. We could be entirely self-sufficient if we wanted to be. It would take time, but we could actually do it (it's not going to happen, but it's possible) Yes, there is debt, but the rate is low. And, if you look around, almost every single other country also has a lot of debt, except for Russia. At the end of the day it's a confidence game. And, the US has the petrodollar and will go to war to defend it.

To actually see hyperinflation here, you'd need to see an end to the petrodollar. I don't see that happening right now. Yes, the top is getting a large bailout, and the money supply is increasing, but that doesn't mean the money is getting into people's hands. In 2008, the fed's balance sheet blew up, gold and silver skyrocketed, and you had deflation in the housing market, the used car market, and basically any other good you could think of. And, that's the real problem here. This is keeping companies solvent, liquid, and afloat. The government is not actually putting more money into the consumers hands. $1,250 is nothing when 30% of the workforce is unemployed. Now, if the government starts handing out $3,000-$4,000 per person per month in perpetuity all bets are off.

I have made my case and you have made yours. Time will tell who is correct as time progresses.

[ddrhazy]

Originally Posted by Katie the heartbreaker

I have made my case and you have made yours. Time will tell who is correct as time progresses.

Not that it matters now that Bernie Sanders has dropped out, but his plans were expensive. How do you rectify that fact with also wanting more austerity towards the deficit? Isn't the entire argument against socialism is that it encourages over spending on social programs that eventually collapse the value of the country's currency?