$3,500,000,000
Feb 18, 2021 22:24:27 #
wilpharm wrote:
"dollars do not matter" WOW!!! typical liberal socialist statement!!
I do not think you understand basic finance .... I have no interest in wasting my time ..... on your own dime .. look up debt ratios in any basic financial web site
Feb 19, 2021 07:44:31 #
DEBJENROB wrote:
I do not think you understand basic finance .... I have no interest in wasting my time ..... on your own dime .. look up debt ratios in any basic financial web site
I know that dollars matter..that is pretty dam basic...do you own homework
Feb 19, 2021 08:40:00 #
wilpharm wrote:
I know that dollars matter..that is pretty dam basic...do you own homework
not when you calculate debt to GDP .... per cent is what matters ...... use logic ..... as your net worth increases, you can borrow more money ....... example .... if your net worth is $1,000,000. and you borrow $1,000,000 .. your debt to N/W is 100% .... if your N/W is $ 500,000. and you borrow $ 500,000. your debt to N/W is 100% .... ergo. Dollars do not matter .... what matters is your ability to cover debt ... the more you borrow over N/W, the less likely you have the ability to repay .... Trump left office with a debt to GDP(N/W) of 136% ..... he did to the United States what he did to his Hotels in Atlantic City ...
Feb 19, 2021 08:44:52 #
Feb 19, 2021 09:05:16 #
wilpharm wrote:
keep spinning!!!
I tried to educate you ..... what a waste of time .....
Feb 19, 2021 09:12:26 #
DEBJENROB wrote:
The projected Debt to GDP for 2020 is projected to reach 136% ...... dollars do not matter .... what matters is weather you have more assets than debt .... Trump exceeded the ratio by more than any other President ... Biden's approach is to increase debt in way that increases GDP ....
So how is biden going to do that? Forgiving the $1.6T or so in student loan debt sure isn't going to do it.
Feb 19, 2021 09:33:40 #
FrumCA wrote:
So how is biden going to do that? Forgiving the $1.6T or so in student loan debt sure isn't going to do it.
Not like some on this exchange .... I do not have the depth, knowledge or experience to answer that question .... liberals are not embarrassed to state "I do not have the answer" ..... ultra conservatives on this site seem to know all the answers .... in spite of not having the facts .... they seem to make up facts to suit their ignorance ....
Feb 19, 2021 10:37:12 #
DEBJENROB wrote:
Not like some on this exchange .... I do not have the depth, knowledge or experience to answer that question .... liberals are not embarrassed to state "I do not have the answer" ..... ultra conservatives on this site seem to know all the answers .... in spite of not having the facts .... they seem to make up facts to suit their ignorance ....
Real fine answer DJR. This seems to be the typical response...Deflect at all costs.
And this won't resolve the debt problem either: https://www.dailysignal.com/2021/02/18/democrats-continue-to-misuse-pandemic-relief-to-push-pre-covid-19-wish-list/?utm_source=TDS_Email&utm_medium=email&utm_campaign=MorningBell&utm_content=httpswwwdailysignalcom20210218democratscontinuetomisusepandemicrelieftopushprecovid19wishlistutmsourcerssutmmediumrssutmcampaigndemocratscontinuetomisusepandemicrelieftopushprecovid19wishlist&mkt_tok=eyJpIjoiTnpNNE5ERXhaRGczTXpsaCIsInQiOiJYT0IyWFwvWFlqRk5jZ21Na2tuWjFsSUN4U0J4TE1Mbk1PTGZrUUliMEZvdll3cVdMS2NIeGxHRnEwYzAydU9JXC93SHpCWmpabVNEQ3hTK2ZPYlZLVCtiSTZXUEUyUGxpMWlOdHBMRFp6amZNTFFkWERqeTh6ODJHMmpEOXkwdHpRIn0%3D
Feb 19, 2021 14:21:47 #
DEBJENROB wrote:
Not like some on this exchange .... I do not have the depth, knowledge or experience to answer that question .... liberals are not embarrassed to state "I do not have the answer" ..... ultra conservatives on this site seem to know all the answers .... in spite of not having the facts .... they seem to make up facts to suit their ignorance ....
Why is it that some people, you, specifically for this exchange, tend to stereotype others? Not all Conservatives on this site know everything. I have stated numerous times I do not pay attention to some specific concerns that others spend hours on. I comment on what I believe and most of the time I have facts; sometimes I comment on subjects that I THINK are going on. When I do that I SAY I THINK or have HEARD this is going on. But even when I offer that honesty I get crap from some on the Left who want me to publish links, as if they are not capable to check it out themself. Seldom does one prove me wrong by publishing a link or other proof of my mistake.
You are welcome to post what you like but when you stereotype as you did you tend to not look good. You will find out, if you are not the true hypocritical Left Winger that ALL Conservatives are not in Hillary's basket of deplorables.
Dennis
Feb 19, 2021 15:13:59 #
travelwp wrote:
Biden said he wants to spend $1.9 billion on the stimulus.
Biden said he wants to spend $1.6 billion on the Chinese virus.
Please send the link, where Biden said where he is going to get the money.
Biden said he wants to spend $1.6 billion on the Chinese virus.
Please send the link, where Biden said where he is going to get the money.
He can take it out of Mexico’s payment for Dump’s wall
Feb 19, 2021 15:18:14 #
thom w
Loc: San Jose, CA
dennis2146 wrote:
To be quite honest I never thought.
Dennis
Dennis
Fixed it for you.
Feb 19, 2021 16:02:36 #
dennis2146 wrote:
Why is it that some people, you, specifically for ... (show quote)
My comments re: this web site are governed by my experience on it .... in general ..... I would say that the right wing participants to this site are a group of ignorant , hateful and biased individuals. They believe they are patriotic Americans ... but actually they believe in First Amendment rights for themselves and not others ... you got to think there is something wrong with people who classify Democrats as evil ....
Feb 19, 2021 17:20:16 #
DEBJENROB wrote:
I tried to educate you ..... what a waste of time .....
Give up. They’ll never admit to anything. I wonder if they understand debt to income ration when buying a house.
Feb 19, 2021 18:40:16 #
foodie65 wrote:
He can take it out of Mexico’s payment for Dump’s wall
You do know Trump is not the President now, right? This is not about Trump but about Biden.
Dennis
Feb 19, 2021 18:45:59 #
DEBJENROB wrote:
My comments re: this web site are governed by my experience on it .... in general ..... I would say that the right wing participants to this site are a group of ignorant , hateful and biased individuals. They believe they are patriotic Americans ... but actually they believe in First Amendment rights for themselves and not others ... you got to think there is something wrong with people who classify Democrats as evil ....
Surely you jest. Show us examples where it is Right Wing supporters who are trying to take away rights from We the People.
There are plenty of examples where the Left is doing all it can to take away 1st and 2nd Amendment rights as well as 4th Amendment rights when firearm Red Flag laws are concerned. Do you deny that?
So I will be right here waiting.
Dennis
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.