indiucky
Grandmaster
I, for one, am glad to see the old Alpo back.
All his general agreement with the INGO status quo in some recent threads was unsettling to my world order.
Me too!!!!!
I, for one, am glad to see the old Alpo back.
All his general agreement with the INGO status quo in some recent threads was unsettling to my world order.
You need a macro-economic primer.
I'll pass.
Keynesian (where macroeconomics began) economics has been criticized at length by Milton Friedman. I suppose we'll have to agree to disagree. He's much more eloquent than I would ever be.
Interest rates are controlled by the Federal Reserve, so why would they effectively shoot themselves in the foot by raising the cost of borrowing money? That doesn't just make the govt spend more on interest payments, but everyone else.
Seems like higher interest rates can result in declining home buying, business expansion, or basically any activity that requires borrowing.
I guess I'm thinking out loud.
No no no. That would only create a horde of zombie pot heads that would be a drain on society.Yes.
More thinking out loud, but I wonder how an improved (federal) attitude towards cannabis would impact the national debt and other economic factors. Canada just took the plunge.
Would it result in increased economic growth, jobs, and tax revenue? I'm inclined to say yes.
It could probably take a bite out of that pesky debt, too...seems like a win-win-win-win.
Food for thought.
No no no. That would only create a horde of zombie pot heads that would be a drain on society.
I gather that you have a problem with the level of debt, so what would an acceptable level be?
I honestly don't know (percentage or otherwise), but gov't revenue is rising so I don't exactly see why that's necessarily bad. If revenue was plummeting, then yes, high levels of debt would be more concerning.
Oh, I dunno. I think when you project debt far into future generations, that's kinda ****ed up. But luckily, Donald Trump died on the cross for our sins of floating our nation's utopian whims with debt. So forget it. Ain't no big thing.
Until a Democrat is back in office. Then the national debt will be a sin again and all their fault. And it will be their fault for whatever they do to perpetuate it. But at least the right will be capable of seeing it again when it's not one of their own promulgating it.
Why do we continue to blame the President for the deficit?
And, well, POTUS can veto and force Congress to override.
POTUS is absolutely complicit.
Why do we continue to blame the President for the deficit?