NATION

PASSWORD

MAGAThread XVI: Raising the Barr

For discussion and debate about anything. (Not a roleplay related forum; out-of-character commentary only.)

Advertisement

Remove ads

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 2:40 pm

Shrillland wrote:
San Lumen wrote:How would there be total economic collapse merely because we didnt raise the debt limit?



Because we will have defaulted on all of our debts, the nation will have gone bankrupt. Since we couldn't pay for anything beyond the limit, we would have to make severe cuts and print outrageous amounts of money to pay off what debts we have, which would lead to mass unemployment, the destruction of the safety net, and Weimar levels of hyperinflation.

then maybe we shouldn't be so irresponsible with money.

User avatar
Shrillland
Postmaster of the Fleet
 
Posts: 22276
Founded: Apr 12, 2010
Scandinavian Liberal Paradise

Postby Shrillland » Fri Jul 12, 2019 2:43 pm

San Lumen wrote:
Shrillland wrote:

Because we will have defaulted on all of our debts, the nation will have gone bankrupt. Since we couldn't pay for anything beyond the limit, we would have to make severe cuts and print outrageous amounts of money to pay off what debts we have, which would lead to mass unemployment, the destruction of the safety net, and Weimar levels of hyperinflation.

then maybe we shouldn't be so irresponsible with money.


Irresponsible? How are we irresponsible with necessary government funding? All we need to do is raise taxes and we can start paying off our debt, it worked in the 90s and the economy is similar(at least on paper).
How America Came to This, by Kowani: Racialised Politics, Ideological Media Gaslighting, and What It All Means For The Future
Plebiscite Plaza 2024
Confused by the names I use for House districts? Here's a primer!
In 1963, Doctor Who taught us all we need to know about politics when a cave woman said, "Old men see no further than tomorrow's meat".

User avatar
Fartsniffage
Post Czar
 
Posts: 42052
Founded: Dec 19, 2005
Liberal Democratic Socialists

Postby Fartsniffage » Fri Jul 12, 2019 2:44 pm

San Lumen wrote:
Shrillland wrote:

Because we will have defaulted on all of our debts, the nation will have gone bankrupt. Since we couldn't pay for anything beyond the limit, we would have to make severe cuts and print outrageous amounts of money to pay off what debts we have, which would lead to mass unemployment, the destruction of the safety net, and Weimar levels of hyperinflation.

then maybe we shouldn't be so irresponsible with money.


Do you have the first idea who countries borrow money from?

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 2:44 pm

Shrillland wrote:
San Lumen wrote:then maybe we shouldn't be so irresponsible with money.


Irresponsible? How are we irresponsible with necessary government funding? All we need to do is raise taxes and we can start paying off our debt, it worked in the 90s and the economy is similar(at least on paper).

slash military spending by 50 percent for starters and we'd still have the largest military in the world

User avatar
Fartsniffage
Post Czar
 
Posts: 42052
Founded: Dec 19, 2005
Liberal Democratic Socialists

Postby Fartsniffage » Fri Jul 12, 2019 2:46 pm

San Lumen wrote:
Shrillland wrote:
Irresponsible? How are we irresponsible with necessary government funding? All we need to do is raise taxes and we can start paying off our debt, it worked in the 90s and the economy is similar(at least on paper).

slash military spending by 50 percent for starters and we'd still have the largest military in the world


And millions of unemployed.

User avatar
Telconi
Post Czar
 
Posts: 34903
Founded: Oct 08, 2016
Ex-Nation

Postby Telconi » Fri Jul 12, 2019 2:46 pm

San Lumen wrote:
Shrillland wrote:
Irresponsible? How are we irresponsible with necessary government funding? All we need to do is raise taxes and we can start paying off our debt, it worked in the 90s and the economy is similar(at least on paper).

slash military spending by 50 percent for starters and we'd still have the largest military in the world


Depressions are bad.
-2.25 LEFT
-3.23 LIBERTARIAN

PRO:
-Weapons Rights
-Gender Equality
-LGBTQ Rights
-Racial Equality
-Religious Freedom
-Freedom of Speech
-Freedom of Association
-Life
-Limited Government
-Non Interventionism
-Labor Unions
-Environmental Protections
ANTI:
-Racism
-Sexism
-Bigotry In All Forms
-Government Overreach
-Government Surveillance
-Freedom For Security Social Transactions
-Unnecessary Taxes
-Excessively Specific Government Programs
-Foreign Entanglements
-Religious Extremism
-Fascists Masquerading as "Social Justice Warriors"

"The Constitution is NOT an instrument for the government to restrain the people,it is an instrument for the people to restrain the government-- lest it come to dominate our lives and interests." ~ Patrick Henry

User avatar
Shrillland
Postmaster of the Fleet
 
Posts: 22276
Founded: Apr 12, 2010
Scandinavian Liberal Paradise

Postby Shrillland » Fri Jul 12, 2019 2:47 pm

San Lumen wrote:
Shrillland wrote:
Irresponsible? How are we irresponsible with necessary government funding? All we need to do is raise taxes and we can start paying off our debt, it worked in the 90s and the economy is similar(at least on paper).

slash military spending by 50 percent for starters and we'd still have the largest military in the world


That's not likely to happen, I'm afraid. No nation ever became a superpower by taking actions that cut prestige. Far easier to raise taxes come 2021, we have a better chance of that happening if we win out.
How America Came to This, by Kowani: Racialised Politics, Ideological Media Gaslighting, and What It All Means For The Future
Plebiscite Plaza 2024
Confused by the names I use for House districts? Here's a primer!
In 1963, Doctor Who taught us all we need to know about politics when a cave woman said, "Old men see no further than tomorrow's meat".

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 2:48 pm

Shrillland wrote:
San Lumen wrote:slash military spending by 50 percent for starters and we'd still have the largest military in the world


That's not likely to happen, I'm afraid. No nation ever became a superpower by taking actions that cut prestige. Far easier to raise taxes come 2021, we have a better chance of that happening if we win out.

We don't need such a large military. Who cares about prestige? I don't when its a waste of money.

User avatar
Washington Resistance Army
Khan of Spam
 
Posts: 54796
Founded: Aug 08, 2011
Father Knows Best State

Postby Washington Resistance Army » Fri Jul 12, 2019 2:49 pm

San Lumen wrote:
Shrillland wrote:
Irresponsible? How are we irresponsible with necessary government funding? All we need to do is raise taxes and we can start paying off our debt, it worked in the 90s and the economy is similar(at least on paper).

slash military spending by 50 percent for starters and we'd still have the largest military in the world


Good god in heaven this is an uninformed position to take lol. The American military would be a joke that couldn't do anything across the world if we did that.
Hellenic Polytheist, Socialist

User avatar
Fartsniffage
Post Czar
 
Posts: 42052
Founded: Dec 19, 2005
Liberal Democratic Socialists

Postby Fartsniffage » Fri Jul 12, 2019 2:50 pm

San Lumen wrote:
Shrillland wrote:
That's not likely to happen, I'm afraid. No nation ever became a superpower by taking actions that cut prestige. Far easier to raise taxes come 2021, we have a better chance of that happening if we win out.

We don't need such a large military. Who cares about prestige? I don't when its a waste of money.


Where do you think the money spent on the military goes?

User avatar
Shrillland
Postmaster of the Fleet
 
Posts: 22276
Founded: Apr 12, 2010
Scandinavian Liberal Paradise

Postby Shrillland » Fri Jul 12, 2019 2:51 pm

San Lumen wrote:
Shrillland wrote:
That's not likely to happen, I'm afraid. No nation ever became a superpower by taking actions that cut prestige. Far easier to raise taxes come 2021, we have a better chance of that happening if we win out.

We don't need such a large military. Who cares about prestige? I don't when its a waste of money.


My point is it's not going anywhere, so we have to do things that we can actually achieve in the next five years. Do you want to raise the debt ceiling or commit global economic genocide?
How America Came to This, by Kowani: Racialised Politics, Ideological Media Gaslighting, and What It All Means For The Future
Plebiscite Plaza 2024
Confused by the names I use for House districts? Here's a primer!
In 1963, Doctor Who taught us all we need to know about politics when a cave woman said, "Old men see no further than tomorrow's meat".

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 2:51 pm

Washington Resistance Army wrote:
San Lumen wrote:slash military spending by 50 percent for starters and we'd still have the largest military in the world


Good god in heaven this is an uninformed position to take lol. The American military would be a joke that couldn't do anything across the world if we did that.

Untrue
Fartsniffage wrote:
San Lumen wrote:We don't need such a large military. Who cares about prestige? I don't when its a waste of money.


Where do you think the money spent on the military goes?

ships and planes we don't need.

User avatar
Washington Resistance Army
Khan of Spam
 
Posts: 54796
Founded: Aug 08, 2011
Father Knows Best State

Postby Washington Resistance Army » Fri Jul 12, 2019 2:54 pm

San Lumen wrote:
Washington Resistance Army wrote:
Good god in heaven this is an uninformed position to take lol. The American military would be a joke that couldn't do anything across the world if we did that.

Untrue


Bullshit its untrue lol. We're already lagging behind the Chinese on AShM tech and countermeasures, Russian pilots get more flight time than us, we have less combat ready Army units than we did in 2003. To cut the budget by a full 50% you'd have to mothball huge parts of the navy, cancel all current procurement plans, shut down most overseas bases, likely discharge a ton of personnel etc etc. All you would be doing is handing the world to Beijing.
Hellenic Polytheist, Socialist

User avatar
Fartsniffage
Post Czar
 
Posts: 42052
Founded: Dec 19, 2005
Liberal Democratic Socialists

Postby Fartsniffage » Fri Jul 12, 2019 2:55 pm

San Lumen wrote:ships and planes we don't need.


It goes into the paychecks of those who build those ships and planes. To the companies that employ people who supply the raw materials and components that are used to build them. To the miners who dig the raw materials out of the ground.

And then, by extension, to the people working in supermarkets who sell food to those workers. To the builders who build their houses. To the farmers who grow the crops that make the cereal they eat before going to work. Etc. Etc.

Your understanding of economics is hilariously bad.
Last edited by Fartsniffage on Fri Jul 12, 2019 2:56 pm, edited 1 time in total.

User avatar
Duhon
Senator
 
Posts: 4421
Founded: Nov 21, 2018
Ex-Nation

Postby Duhon » Fri Jul 12, 2019 2:56 pm

Perhaps if you Americans weren't so gaga over war you wouldn't be in half the messes you are in

Just saying

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 2:57 pm

Washington Resistance Army wrote:
San Lumen wrote:Untrue


Bullshit its untrue lol. We're already lagging behind the Chinese on AShM tech and countermeasures, Russian pilots get more flight time than us, we have less combat ready Army units than we did in 2003. To cut the budget by a full 50% you'd have to mothball huge parts of the navy, cancel all current procurement plans, shut down most overseas bases, likely discharge a ton of personnel etc etc. All you would be doing is handing the world to Beijing.

and we could spend that money on green energy, replanting forests, and infrastructure and education.

User avatar
Washington Resistance Army
Khan of Spam
 
Posts: 54796
Founded: Aug 08, 2011
Father Knows Best State

Postby Washington Resistance Army » Fri Jul 12, 2019 2:57 pm

San Lumen wrote:
Washington Resistance Army wrote:
Bullshit its untrue lol. We're already lagging behind the Chinese on AShM tech and countermeasures, Russian pilots get more flight time than us, we have less combat ready Army units than we did in 2003. To cut the budget by a full 50% you'd have to mothball huge parts of the navy, cancel all current procurement plans, shut down most overseas bases, likely discharge a ton of personnel etc etc. All you would be doing is handing the world to Beijing.

and we could spend that money on green energy, replanting forests, and infrastructure and education.


President Xi thanks you for your service.
Hellenic Polytheist, Socialist

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 2:58 pm

Washington Resistance Army wrote:
San Lumen wrote:and we could spend that money on green energy, replanting forests, and infrastructure and education.


President Xi thanks you for your service.


he's welcome. I care more about those things then having stuff the military has said they don't need

User avatar
Ordenstaat Burgundy
Envoy
 
Posts: 293
Founded: Jul 11, 2019
Ex-Nation

Postby Ordenstaat Burgundy » Fri Jul 12, 2019 2:59 pm

San Lumen wrote:
Washington Resistance Army wrote:
Bullshit its untrue lol. We're already lagging behind the Chinese on AShM tech and countermeasures, Russian pilots get more flight time than us, we have less combat ready Army units than we did in 2003. To cut the budget by a full 50% you'd have to mothball huge parts of the navy, cancel all current procurement plans, shut down most overseas bases, likely discharge a ton of personnel etc etc. All you would be doing is handing the world to Beijing.

and we could spend that money on green energy, replanting forests, and infrastructure and education.


President Putin and United Russia thank you for your support.

User avatar
Vassenor
Khan of Spam
 
Posts: 68115
Founded: Nov 11, 2010
Left-wing Utopia

Postby Vassenor » Fri Jul 12, 2019 3:00 pm

Ordenstaat Burgundy wrote:
San Lumen wrote:and we could spend that money on green energy, replanting forests, and infrastructure and education.


President Putin and United Russia thank you for your support.


Why would Russia be in favour of a thing that reduces western dependence on Russian gas export?
Jenny / Sailor Astraea
WOMAN

MtF trans and proud - She / Her / etc.
100% Asbestos Free

Team Mystic
#iamEUropean

"Have you ever had a moment online, when the need to prove someone wrong has outweighed your own self-preservation instincts?"

User avatar
Washington Resistance Army
Khan of Spam
 
Posts: 54796
Founded: Aug 08, 2011
Father Knows Best State

Postby Washington Resistance Army » Fri Jul 12, 2019 3:01 pm

Vassenor wrote:
Ordenstaat Burgundy wrote:
President Putin and United Russia thank you for your support.


Why would Russia be in favour of a thing that reduces western dependence on Russian gas export?


Because it would open up all of eastern Europe and the Caucasus to Russian aggression.
Hellenic Polytheist, Socialist

User avatar
Shrillland
Postmaster of the Fleet
 
Posts: 22276
Founded: Apr 12, 2010
Scandinavian Liberal Paradise

Postby Shrillland » Fri Jul 12, 2019 3:01 pm

Vassenor wrote:
Ordenstaat Burgundy wrote:
President Putin and United Russia thank you for your support.


Why would Russia be in favour of a thing that reduces western dependence on Russian gas export?


They wouldn't, but they would be in favour of the United States cutting off its nose, lips, and ears to spite its face.
How America Came to This, by Kowani: Racialised Politics, Ideological Media Gaslighting, and What It All Means For The Future
Plebiscite Plaza 2024
Confused by the names I use for House districts? Here's a primer!
In 1963, Doctor Who taught us all we need to know about politics when a cave woman said, "Old men see no further than tomorrow's meat".

User avatar
San Lumen
Post Kaiser
 
Posts: 87322
Founded: Jul 02, 2009
Liberal Democratic Socialists

Postby San Lumen » Fri Jul 12, 2019 3:01 pm

Washington Resistance Army wrote:
Vassenor wrote:
Why would Russia be in favour of a thing that reduces western dependence on Russian gas export?


Because it would open up all of eastern Europe and the Caucasus to Russian aggression.

They have armies too

User avatar
Washington Resistance Army
Khan of Spam
 
Posts: 54796
Founded: Aug 08, 2011
Father Knows Best State

Postby Washington Resistance Army » Fri Jul 12, 2019 3:02 pm

San Lumen wrote:
Washington Resistance Army wrote:
Because it would open up all of eastern Europe and the Caucasus to Russian aggression.

They have armies too


lmfao
Hellenic Polytheist, Socialist

User avatar
Shrillland
Postmaster of the Fleet
 
Posts: 22276
Founded: Apr 12, 2010
Scandinavian Liberal Paradise

Postby Shrillland » Fri Jul 12, 2019 3:05 pm

Eternal Lotharia wrote:*Whistles*
Ah, NSG....


agreed...CTOAN, is there anything you have to get us back on track?
How America Came to This, by Kowani: Racialised Politics, Ideological Media Gaslighting, and What It All Means For The Future
Plebiscite Plaza 2024
Confused by the names I use for House districts? Here's a primer!
In 1963, Doctor Who taught us all we need to know about politics when a cave woman said, "Old men see no further than tomorrow's meat".

PreviousNext

Advertisement

Remove ads

Return to General

Who is online

Users browsing this forum: Andavarast, Dakran, Emotional Support Crocodile, Grinning Dragon, Hidrandia, Ifreann, Juansonia, Lagene, New Heldervinia, New Temecula, Republics of the Solar Union, Rusozak, So uh lab here, Stratonesia, Sublime Ottoman State 1800 RP, The Huskar Social Union, Tiami, Yamatai koku

Advertisement

Remove ads