Article

2015-07-11 Economy

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Posted by Fred 2015-07-11 00:00|| || Front Page|| [5 views ] Top

#1 It's all good. The debt will never be paid back.

Posted by Anguper Hupomosing9418 2015-07-11 00:15|| 2015-07-11 00:15|| Front Page Top

#2 Doesn't matter. The Greeks have proven debt doesn't have to be paid back. At least not all of it.

Posted by CrazyFool 2015-07-11 02:09|| 2015-07-11 02:09|| Front Page Top

#3 I have a feeling that when we treat the Chinese like the Greeks treated the Germans in regards to debt negotiations that we will get a much different response.

FORWARD to the Detrotitification of America!

Posted by Airandee 2015-07-11 07:02|| 2015-07-11 07:02|| Front Page Top

#4 would require either significant increases in federal tax revenue

That ain't happening.

or decreases in non-interest federal spending

See above.

Mike

Posted by Mike Kozlowski 2015-07-11 14:05|| 2015-07-11 14:05|| Front Page Top

#5 Quit outsourcing the economy and tax revenues will shoot up from manufacturing and supporting jobs. The $1+ trillion/year welfare spending will crater as most of the tax eaters are moved into taxpaying jobs.

That it will weaken many of America's rivals is a nice bonus.

Posted by Whonter Darling of the Bunions4601 2015-07-11 14:39|| 2015-07-11 14:39|| Front Page Top

#6 ..yes, but the trade off will be that prices will also shoot up and innovation will drop. It's a trade off: High welfare state and taxes to support it, low prices, quicker turn over in tech vs Lower welfare state and taxes to support it, higher prices and slow innovation. It means your lower strata will not have access to things much beyond serviceable basics (insert envy here).

Posted by Procopius2k 2015-07-11 15:01|| 2015-07-11 15:01|| Front Page Top

#7 This would be a real problem if we had a Republican president.

Posted by Iblis 2015-07-11 17:26|| 2015-07-11 17:26|| Front Page Top

#8 New amendment to the constitution.

Debt: The government is not allowed to run a debt excepting in an actual declared war. Anytime the government has a debt, each April 15th, the complete congress will gather and draw lots. 10% of each house will then fight to the death on pay per view for debt relief. The sole remaining survivor will be allowed to live and will be free from drawing for the rest of his term.

Posted by Silentbrick 2015-07-11 22:23|| 2015-07-11 22:23|| Front Page Top

23:24 CrazyFool
22:41 Shipman
22:38 Shipman
22:33 Shipman
22:31 Shipman
22:27 chris
22:26 Shipman
22:23 Silentbrick
20:50 Procopius2k
19:44 Abu Uluque
18:12 borgboy
18:10 Cheaderhead
17:59 borgboy
17:52 borgboy
17:26 Iblis
16:55 phil_b
16:15 Omoter Gray9391
15:45 BrerRabbit
15:01 Procopius2k
14:59 Whonter Darling of the Bunions4601
14:54 Whonter Darling of the Bunions4601
14:53 Whonter Darling of the Bunions4601
14:46 Whonter Darling of the Bunions4601
14:39 Whonter Darling of the Bunions4601