by San Lumen » Fri May 27, 2016 8:26 pm
by Benuty » Fri May 27, 2016 8:28 pm
by San Lumen » Fri May 27, 2016 8:28 pm
Benuty wrote:First off a country is by no means a corporation, and there are people who actually count on that debt (other nations). The debt ceiling itself is a moronic idea since it forces us to go through this issue over, and over again.
by Souseiseki » Fri May 27, 2016 8:29 pm
by Dushan » Fri May 27, 2016 8:29 pm
by Benuty » Fri May 27, 2016 8:30 pm
San Lumen wrote:Benuty wrote:First off a country is by no means a corporation, and there are people who actually count on that debt (other nations). The debt ceiling itself is a moronic idea since it forces us to go through this issue over, and over again.
Why is it a moronic idea? And how to other nations count on our debt?
by Souseiseki » Fri May 27, 2016 8:31 pm
Dushan wrote:Extremly bad consequences for international finance system likely.
If the situation gets worse enough they might do it. States are egoistical. Oh and Historically, most States had debts somehow, somewhere...
by Britanania » Fri May 27, 2016 8:32 pm
by San Lumen » Fri May 27, 2016 8:32 pm
Souseiseki wrote:who cares about your company? the government is not a company. it is not a household either. stop comparing it to them.
it would really really really piss everyone off btw
by Noraika » Fri May 27, 2016 8:33 pm
LOVEWHOYOUARE~TRANS⚧EQUALITY~~ Economic Left -9.38 | Social Libertarian -2.77 ~
~ 93 Equality - 36 Liberty - 50 Stability ~Democratic Socialism ● Egalitarianism ● Feminism ● LGBT+ rights ● Monarchism ● Social Justice ● Souverainism ● StatismPronouns: She/Her ♀️⛦ Pagan and proud! ⛦⚧Gender and sex aren't the same thing!⚧
by The East Marches » Fri May 27, 2016 8:34 pm
by San Lumen » Fri May 27, 2016 8:34 pm
Noraika wrote:Or we could base our tax structure and social welfare programs on the Nordic model, and probably, with our greater resources, run an even greater surplus. Or simply reform the tax structure and services to have less loopholes and less over-pricing due to profit margins, in basic services.
by Benuty » Fri May 27, 2016 8:34 pm
The East Marches wrote:Gee I don't know, why don't we wreck the financial markets and commit suicide?
Its a bad idea, a very bad idea. You would be destroying our very system. Mass quality of life drops for seniors with pension funds that bought those treasuries, global financial meltdown, insert apocalyptic things here.
by Noraika » Fri May 27, 2016 8:35 pm
San Lumen wrote:Noraika wrote:Or we could base our tax structure and social welfare programs on the Nordic model, and probably, with our greater resources, run an even greater surplus. Or simply reform the tax structure and services to have less loopholes and less over-pricing due to profit margins, in basic services.
I like that idea
LOVEWHOYOUARE~TRANS⚧EQUALITY~~ Economic Left -9.38 | Social Libertarian -2.77 ~
~ 93 Equality - 36 Liberty - 50 Stability ~Democratic Socialism ● Egalitarianism ● Feminism ● LGBT+ rights ● Monarchism ● Social Justice ● Souverainism ● StatismPronouns: She/Her ♀️⛦ Pagan and proud! ⛦⚧Gender and sex aren't the same thing!⚧
by Trotza » Fri May 27, 2016 8:37 pm
San Lumen wrote: Or why not just print all the money we need?
by Quokkastan » Fri May 27, 2016 8:37 pm
by Britanania » Fri May 27, 2016 8:38 pm
Quokkastan wrote:San Lumen wrote:
so what? Why should we keep borrowing and going further and further into debt?
The debt isn't so big as a function of GDP. Japan has been operating under far greater debt for a far longer time, and seems to be operational. This is not as big of an issue as people like to make it out to be.
by Benuty » Fri May 27, 2016 8:38 pm
Quokkastan wrote:San Lumen wrote:
so what? Why should we keep borrowing and going further and further into debt?
The debt isn't so big as a function of GDP. Japan has been operating under far greater debt for a far longer time, and seems to be operational. This is not as big of an issue as people like to make it out to be.
by Benuty » Fri May 27, 2016 8:40 pm
by Ngelmish » Fri May 27, 2016 8:41 pm
by Quokkastan » Fri May 27, 2016 8:42 pm
by Benuty » Fri May 27, 2016 8:44 pm
by Greed and Death » Fri May 27, 2016 8:45 pm
by The Liberated Territories » Fri May 27, 2016 8:45 pm
If the government can just borrow money and never have to pay it back why bother having income tax? Or why not just print all the money we need?
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