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Republicans have found religion on debt and deficits again
Posted on 1/20/21 at 1:25 am
Posted on 1/20/21 at 1:25 am
quote:
Senator John Thune (R-SD) tells Janet Yellen he is concerned about the "massive amount of debt that we continue to rack up" and says "we seem to have no concern" about it.
James Lankford (R-OK) asks Yellen what metric signals debt it too high. She says there's no single metric but one to watch is the interest burden of the debt as a share of GDP. Lankford says we need an earlier warning sign than that.
Rob Portman (R-Ohio) warns against getting "too comfortable" with low interest rates, asks Yellen to be "voice of fiscal sanity within the administration." "
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Posted on 1/20/21 at 1:28 am to hikingfan
Do as I say, not as I do.
Posted on 1/20/21 at 1:32 am to hikingfan
Biden's agenda, if enacted, would massively expand deficit even more than trump and obama.
His proposed tax increases would not even cover 20% of the increase in spending he wants on free college, increased health insurance subsidies, etc.
His proposed tax increases would not even cover 20% of the increase in spending he wants on free college, increased health insurance subsidies, etc.
Posted on 1/20/21 at 1:32 am to HailHailtoMichigan!
Don’t worry. 401k’s should cover the rest.
Posted on 1/20/21 at 1:39 am to hikingfan
Posted on 1/20/21 at 1:49 am to hikingfan
Republicans are frauds. They rail against things while in the minority and then do absolutely nothing to address those things when they have power.
They are phony representation.
They exist to trick people into thinking there is a choice.
They are phony representation.
They exist to trick people into thinking there is a choice.
Posted on 1/20/21 at 1:59 am to hikingfan
Posted on 1/20/21 at 2:26 am to hikingfan
23 roll call votes taken over the past 4 years on funding bills...
Thune 100% Yea
Committees: Budget, Finance
Lankford 78% Yea
Committees: Appropriations, Finance
Portman 100% Yea
Committees: Finance
quote:
Senator John Thune (R-SD) - "we seem to have no concern" about it.
Thune 100% Yea
Committees: Budget, Finance
quote:
James Lankford (R-OK) - what metric signals debt it too high.
Lankford 78% Yea
Committees: Appropriations, Finance
quote:
Rob Portman (R-Ohio) - voice of fiscal sanity within the administration
Portman 100% Yea
Committees: Finance
This post was edited on 1/20/21 at 2:28 am
Posted on 1/20/21 at 5:37 am to hikingfan
Where the hell have they been the last four years?
Posted on 1/20/21 at 5:38 am to hikingfan
quote:
Senator John Thune (R-SD) tells Janet Yellen he is concerned about the "massive amount of debt that we continue to rack up" and says "we seem to have no concern" about it.
He vote for the enormous spending bill last month?
Posted on 1/20/21 at 5:45 am to hikingfan
quote:
Senator John Thune (R-SD) tells Janet Yellen he is concerned about the "massive amount of debt that we continue to rack up" and says "we seem to have no concern" about it.
James Lankford (R-OK) asks Yellen what metric signals debt it too high. She says there's no single metric but one to watch is the interest burden of the debt as a share of GDP. Lankford says we need an earlier warning sign than that.
Rob Portman (R-Ohio) warns against getting "too comfortable" with low interest rates, asks Yellen to be "voice of fiscal sanity within the administration." "
Voting record proves them to be frauds.
Posted on 1/20/21 at 5:48 am to weptiger
Trump seemed to be the only Republican concerned about the debt
Posted on 1/20/21 at 5:53 am to hikingfan
I make no bones that I have never cared about either of these as long as our military is the strongest.
I do have some doubts if it is though since trump allowed China to attack us with a biological weapon.
I do have some doubts if it is though since trump allowed China to attack us with a biological weapon.
Posted on 1/20/21 at 6:04 am to EthanL
Are you joking? Trump racked up more debt per year than any Obama year. The yearly debt was on a steady decline before Trump took over.
Posted on 1/20/21 at 6:06 am to hikingfan
And progstains will stop caring about debt...again.
Posted on 1/20/21 at 6:11 am to hikingfan
Senate Republicans are so happy they are about to be in the minority again. When they’re in the minority they can complain about deficits to try to get votes without actually having to do much about them.
Posted on 1/20/21 at 6:13 am to TigerOnTheMountain
quote:
Don’t worry. 401k’s should cover the rest.
for better or worse, I liquefied my 401k a few weeks ago. transfered about half to stocks that should do well under biden, another quarter to gold. I put the rest under my mattress
Posted on 1/20/21 at 6:18 am to hikingfan
Amazing how that works.
Always when they are in the minority.
Always when they are in the minority.
Posted on 1/20/21 at 6:20 am to hikingfan
Negative interest rates will fix everything, lol.
Posted on 1/20/21 at 6:20 am to EthanL
quote:
Trump seemed to be the only Republican concerned about the debt
I really hope you're being sarcastic.
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