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    jlisenbe's Avatar
    jlisenbe Posts: 4,332, Reputation: 156
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    #1

    Dec 27, 2021, 09:22 AM
    The previously unthinkable
    What was once unthinkable has now become commonplace and ignored as unimportant. It's like the use of the "f" word. It was once considered vulgar and profane, but is now just another adjective.

    In February, under what was current law at the time, the Congressional Budget Office (CBO) projected the budget deficit would total $2.3 trillion in 2021, $1.1 trillion in 2022, and $1.9 trillion in 2031. Incorporating the direct effects of the American Rescue Plan Act, we project the deficit will now total $3.4 trillion this year – higher than last year’s record $3.1 trillion – and $1.6 trillion in 2022.
    I wonder how we intend to rescue ourselves from bottomless debt produced by the American Rescue Plan Act?

    https://www.crfb.org/blogs/new-budge...icits-and-debt
    Curlyben's Avatar
    Curlyben Posts: 18,505, Reputation: 1860
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    #2

    Dec 27, 2021, 10:24 AM
    The pandemic has left all countries in the same huge debt hole of varying degrees, being the largest economy just means USA has the deepest debt hole to dig out of.
    There's more structural and underlying problems than a single piece of legislation.
    jlisenbe's Avatar
    jlisenbe Posts: 4,332, Reputation: 156
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    #3

    Dec 27, 2021, 11:16 AM
    The explosive growth of our national debt far, far preceded the covid crisis. Mr. Obama, for instance, doubled the national debt in only eight years. Trump did little better.

    Even worse, many European countries, and Japan as well, are in far worse shape than we are when comparing national debt to GDP. It's a worldwide problem caused by the childish idea that just because we want something, we should be able to get it.

    https://factsmaps.com/30-countries-h...ebt-gdp-ratio/
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #4

    Dec 27, 2021, 01:12 PM
    First I will address the folly of the government's various interventions in controlling the pandemic .

    Today Clueless Joe met with the nation's governors . He said before the meeting

    “There is no federal solution. This gets solved at a state level.”

    In other words ;he punted .

    This would be the same person who during the campaign said over a thousand times that"I will shut down the virus."
    If he held himself to the same standards he was spewing during last year's campaign, then he should consider himself to be a cold blooded killer .

    “Our current president has failed in his most basic duty to the nation. He’s failed to protect us. He’s failed to protect America. And my fellow Americans, that is unforgivable.”

    “We’re eight months into this pandemic,”and Donald Trump still doesn’t have a plan to get this virus under control, I do.”

    More Americans have died from covid this year than last even though we have had the vaccine for the whole year. Maybe now he and the rest of the world will do their mea culpa's and admit that the attacks on Trump's management of the pandemic were grossly unfair . While he is at it ,he and the rest of the Dems and their compliant press can send mea culpa's to Republican governors who took a less activist role and who did not succumb to the temptation of subjecting their constituents to oppressive dictatorial mandates .

    Now maybe we can end the nativity of believing that vaccines are manna from man made gods ;and get on with emphasizing preventive health and theraputic treatments .......to take steps to protect the most vulnerable as best we can ,and let the rest of us live our lives .

    The trajectory of frivolous (there's an 'f ' word we can use ) spending of borrowed money predates the pandemic. The spiraling out of control deficit contributes to a national debt that well exceeds the GDP . (134%of GDP) Yes the pandemic spending moved the goal posts quite a bit , What the pandemic has become is a progressive's wet dream ; a justification to create as many nanny state gimmees as they can get away with .
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #5

    Dec 27, 2021, 01:29 PM
    Meanwhile this is the headline from the local paper from the state I liberated myself from..... NY ;where some of the most oppressive mandates still exist .

    New York COVID cases surge 97% as omicron wave grows. Here's where (lohud.com)
    Wondergirl's Avatar
    Wondergirl Posts: 38,799, Reputation: 5431
    Jobs & Parenting Expert
     
    #6

    Dec 27, 2021, 01:31 PM
    Has omicron been fatal?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #7

    Dec 27, 2021, 01:37 PM
    Nope .I follow the science so I knew that a virus becomes more infectious and less lethal as it mutates . Clueless attributes that to vaccines even though Omicron was no where's near as deadly in a nation like South Africa; a nation that does not have our rate of vaccinations .(only 26 % fully vaccinated )
    Wondergirl's Avatar
    Wondergirl Posts: 38,799, Reputation: 5431
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    #8

    Dec 27, 2021, 01:40 PM
    So you do a self test. Negative. Two days later you start coughing, have a runny nose and headache. Now what?

    Are delta and other earlier mutations still around?
    jlisenbe's Avatar
    jlisenbe Posts: 4,332, Reputation: 156
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    #9

    Dec 27, 2021, 02:04 PM
    “There is no federal solution. This gets solved at a state level.”

    In other words ;he punted .
    Imagine the outrage that would have exploded amongst liberal dems on this site had Trump done that. It just goes to show, yet again, that it's not what a person says that matters, but WHO the person is that really counts. Sad.

    If he held himself to the same standards he was spewing during last year's campaign, then he should consider himself to be a cold blooded killer .
    Yet another verification of the "content vs. author" moral choice. No wonder we're in so much trouble.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #10

    Dec 27, 2021, 02:48 PM
    So you do a self test. Negative. Two days later you start coughing, have a runny nose and headache. Now what?
    <sarc>I hermetically seal myself and add a layer of bubble wrap </sarc> My prescription remains the same . I would not even bother to self test unless I was visiting someone in a nursing home or someone I knew was vulnerable . I mask in enclosed public places and wash my hands several times a day ;always have . Maybe I don't go out if I am ill . Let's move on and live our lives in the new reality just as we did with the flu and the common cold .

    “There is no federal solution. This gets solved at a state level.”

    In other words ;he punted .


    Imagine the outrage that would have exploded amongst liberal dems on this site had Trump done that. It just goes to show, yet again, that it's not what a person says that matters, but WHO the person is that really counts. Sad.


    If he held himself to the same standards he was spewing during last year's campaign, then he should consider himself to be a cold blooded killer .


    Yet another verification of the "content vs. author" moral choice. No wonder we're in so much trouble.
    If the Dems didn't have double standards they would have no standards at all.
    Wondergirl's Avatar
    Wondergirl Posts: 38,799, Reputation: 5431
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    #11

    Dec 27, 2021, 03:37 PM
    Are at-home self tests a waste of time and money?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #12

    Dec 27, 2021, 04:24 PM
    antigen tests or rapid tests are not as reliable as polymerase chain reaction (PCR) tests.If you get a positive rapid test you should assume you have covid. 72 percent of the time it is accurate .
    jlisenbe's Avatar
    jlisenbe Posts: 4,332, Reputation: 156
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    #13

    Dec 27, 2021, 05:03 PM
    Let's move on and live our lives in the new reality just as we did with the flu and the common cold .
    Exactly correct. And that's not to suggest it is going to be pleasant or without risk, but there seems to be no alternative.

    I have used the rapid test from Walgreens. I have also done the drive through testing with them, and it seems to be nothing more than the rapid test they sell for twenty five bucks.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #14

    Dec 28, 2021, 04:34 AM
    But but ........ if you listen to the man who "represents science ";Herr Doctor Kill-joy Fauci, we cannot celebrate the New Year with anyone except immediate family;and only if the family is vaxed and boosted ..... and if you are vaxed and boosted do not go to large gatherings.Even with his previous assurances that those who take the jabs(s) could go back to living pre-pandemic lifestyles, he is now asking everyone to hermetically seal and bubble wrap themselves .


    At $23 trillion, the national debt exceeds the size of the U.S. economy. But it gets much worse when you tack on the unfunded obligations like SS and Medicare .....both facing insolvency . This is unprecedented in a time of economic expansion ,low unemployment .rising wages .In other words ;the government borrowing to do a Keynesian tweek of the economy to counter the effects of the pandemic was completely unjustified .
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #15

    Dec 28, 2021, 04:42 AM
    So, why pursue useless—no, counterproductive—COVID-19 restrictions?
    Because the big-government lie must be maintained. It is an article of faith. And faith requires reason-free sacrifice—it requires skin in the game, demonstration of devotion. To pursue rational policy would evidence no fealty to the notion of government-as-protective-god. To pursue irrational policy and then demand obeisance–this is the mark of the faithful. And if you are not faithful, you are a heretic.
    And so regulatory genuflection becomes a test of virtue. Effectuating strict regulations is a sign of moral strength, of belief in the myth of government as catholicon. Pushing back against those restrictions is a sign of heresy.
    On Oct. 22, 2020, in a debate with President Donald Trump, Biden said that “anyone who is responsible for not taking control … anyone who is responsible for that many deaths should not remain as president of the United States of America.” This was incorrect. The truth is that anyone who claimed that he could take control of a virus should be held responsible for the consequences of that lie.
    But that will only happen when Americans abandon the cultic worship of government and return to reality. And Biden and Democrats will fight such blasphemy with every weapon in their arsenal.
    The Big Government COVID-19 Lie (dailysignal.com)
    jlisenbe's Avatar
    jlisenbe Posts: 4,332, Reputation: 156
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    #16

    Dec 28, 2021, 05:11 AM
    Much of govt. spending is just about buying votes. It's why we were sent those ridiculous checks when Covid started. Most people didn't need them. The relative few who did needed more than they received. It was just a reminder. "Vote for me! I will send you more money!"
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #17

    Dec 28, 2021, 05:38 AM
    Biden is giving away free money - YouTube
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #18

    Dec 28, 2021, 07:04 AM
    Here are yesterday's numbers
    61.8% of the U.S. population have received two vaccine doses
    32.3% of fully vaccinated people in the U.S. have had a booster shot
    512,553 new U.S. cases recorded yesterday
    1,762 deaths in the U.S. recorded yesterday
    (from all variants of covid )
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 343
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    #19

    Jan 1, 2022, 05:12 AM
    The inflation factor The Fed will begin to reverse it's easy money policy . But how will that impact the national debt ? A one percentage increase in interest rates translates into a $30 trillion increase in interest costs on the national debt.


    That is under the unrealistic assumption that the government will not add debt to counter covid ;AND the Dems get off their spending orgy ;AND the 2017 tax cuts expire on schedule AND the economy performs gang buster well for oh let's say the next 30 years .
    Given that optimistic outlook the debt will only be about twice the the size of the US economy. wooooohoooo !!!

    Oh yeah .In that time frame there will be no more national crisis's to address with additional spending . No more pandemics recessions, wars, climate issues, (am I missing any ? ) The sad thing is that these are not even the big factors that drive the debt off the cliff .

    Socialism is the debt driver. Entitlements unfunded are the biggest factors Social Security ,Medicare ,Medicaid are the big elephants in the room. Additional spending beyond revenue has made it worse . But these ponzi scheme programs are the real culprits . Yeah we all funded our parents retirements and health care and we expect our children to do the same for us .

    But back to the Fed controlling inflation . They will do it by raising interests rates . They have already said it will start this year. But Congress' irresponsible spending has complicated the task.

    How Higher Interest Rates Could Push Washington Toward a Federal Debt Crisis (manhattan-institute.org)

    The government will be forced to spend more of it's revenue to finance the debt than ever before . That is money that won't be available for the spending orgy promised by the Dem leadership. Serious cuts are in order . No 'tax the rich 'rhetoric will bail us out .

    So long sad times
    Go long bad times
    We are rid of you at last
    Howdy gay times
    Cloudy gray times
    You are now a thing of the past
    Happy days are here again
    The skies above are clear again
    So let's sing a song of cheer again
    Happy days are here again
    All together shout it now
    There's no one
    Who can doubt it now
    So let's tell the world about it now
    Happy days are here again
    Your cares and troubles are gone
    There'll be no more from now on

    Appropriately enough ;the Song 'Happy Days are here again' was originally penned for the movie 'Chasing Rainbows ' .
    jlisenbe's Avatar
    jlisenbe Posts: 4,332, Reputation: 156
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    #20

    Jan 1, 2022, 06:20 AM
    A one percentage increase in interest rates translates into a $30 trillion increase in interest costs on the national debt.
    I think you meant to say billion and not trillion.

    You summed it all up well. It's really maddening how liberals, and some cons as well, choose to close their eyes and pretend it's all really OK. It all comes back to preferring a fantasy world over the truth. "The rich should pay their fair share!" When you point out that they already pay most of income taxes, and that the poor don't pay anything, or that there is no tax formula out there anywhere that would bring in sufficient revenues to balance the budget, you are met with, "!!##&!!#&&!**#!" Or point out that we have a national debt equivalent to 100K for every living American, and you just get a yawn.

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