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TedG

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Everything posted by TedG

  1. Nordic Countries Aren’t Actually Socialist Denmark, Norway, and Sweden shouldn’t be held up as socialist utopias. https://foreignpolicy.com/2021/10/27/nordic-countries-not-socialist-denmark-norway-sweden-centrist/
  2. You are conflating the welfare state with socialism. Socialism is when the people own the means of production.
  3. You are conflating socialism with welfare. Socialism always fails.
  4. Bernie is all talk an no action.
  5. Nothing is free. This will require an additional three to four trillion in tax revenue. People like Bernie never talk about the nuts and bolts of funning "free" healthcare. People like Bernie want to add more "free" programs while Social Security is running permanent defects.
  6. Does Trump plan on devaluing the dollar even more than Biden has?
  7. This is a serious policy decision. Solid work.
  8. My hero is Neil Armstrong. Who is your hero?
  9. Harris: A life of failing up.
  10. The Speaker of the House who presided over the largest increase in the national debt is Nancy Pelosi. During her tenure as Speaker, the federal debt increased by approximately $9.6 trillion. This significant rise in debt occurred over her two terms as Speaker: first from January 2007 to January 2011, and then from January 2019 to January 2023 [oai_citation:1,In 2,000 Days as Speaker, Pelosi Has Increased Debt a Record $9.6 Trillion](https://townhall.com/columnists/terryjeffrey/2020/06/24/in-2000-days-as-speaker-pelosi-has-increased-debt-a-record-96-trillion-n2571203) [oai_citation:2,PolitiFact | Fact-checking new House Speaker Mike Johnson on the federal debt](https://www.politifact.com/factchecks/2023/oct/26/mike-johnson/fact-checking-new-house-speaker-mike-johnson-on-th/). Under Pelosi's leadership, the debt increased at an average rate of approximately $4.8 billion per day. Her tenure saw a combination of increased spending due to the Great Recession and the COVID-19 pandemic, contributing to this substantial rise in the national debt [oai_citation:3,In 2,000 Days as Speaker, Pelosi Has Increased Debt a Record $9.6 Trillion](https://townhall.com/columnists/terryjeffrey/2020/06/24/in-2000-days-as-speaker-pelosi-has-increased-debt-a-record-96-trillion-n2571203).
  11. 1) Biden is the reason Putin invaded Ukraine. 2) The huge debt increase under Trump is mostly attributed to the COVID spending. Did you support the COVID spending? 3) Regressive tax cuts? Huh?
  12. Debt is a spending problem. Look at the debt under Joe Biden.
  13. https://reason.com/2022/10/03/throwing-money-at-the-irs-wont-fix-its-problems/
  14. You are miss stating the truth. One of the drivers for the debt under Trump was the COVID spending.
  15. The cumulative inflation is 20.7% since Jan 2021.
  16. The BLS CPI-W table. Do you want me to teach you how to do the math?
  17. The US has a spending problem. In 2022, the US had near-record revenue as a percentage of the GDP (19%), yet spending was 23% of the GDP. The 2022 deficit was 1.4 trillion, or 5.3% of the GDP. The 2023 deficit was 6.35 of the GDP, with spending at 22% of the GDP. The projected deficit for FY 2024 is between 1.7 and 1.9 trillion. The cost to service the debt in 2023 was 1 trillion dollars, with federal spending at 6.13 trillion. This means that 16% of the federal budget is dedicated to servicing the debt. As of June 2024, over 800 billion has been spent to service the debt. The debt is growing faster than the growth of the GDP. The Democrats built a government that the US can't afford. The US has never collected revenue over 20% of the GDP, yet the Dems have built a government that is spending over 20% of the GDP.
  18. I'm going to have fun beating you down on this topic while wiping the smugness off your face.
  19. Do you people don't think that growing debt is a problem?
  20. What claim are you disputing? The cumulative rate of inflation? Or the debt bomb? These are topic that you already now about.
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