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originally posted by: Xtrozero
originally posted by: putnam6
Its nothing but semi sophisticated fear mongering because the Democrats are polling lousy in certain demographics.
Project 2025 has dozens of bullet points, a some of the simple ones may be on Trump's agenda. But to say, suggest, or infer Trump or Vance sponsors Project 2025 in toto is disingenuous at best,on immigration they pretty much agree with P2025 but on both abortion and gay marriages Trump detours away from Project 2025.
So many of these things would come and go and 99.9% of the population wouldn't have a clue to any of it, then they turn some BS into a propaganda tool. I remember liberals complaining about it and I was WTF is that.
originally posted by: Xtrozero
originally posted by: quintessentone
CNN fact checked it and here is the evidence. He is duping everyone.
Yes, you are right CNN says it then it is the most trusted name in news...
We will need to see action, not constant bias driven BS. Let's talk about it in a year and you can tell me you were wrong. I remember all the wasted posts, and 100 of hours people put into the evil Trump at the beginning of his first 4 years that all came to nothing in the end.
Great civilisations are not murdered. Instead, they take their own lives.
originally posted by: WeMustCare
Thursday, July 18, 2024
After listening to Donald Trump's GOP nominee acceptance speech last evening,
originally posted by: Lazy88
originally posted by: WeMustCare
Thursday, July 18, 2024
After listening to Donald Trump's GOP nominee acceptance speech last evening,
After realising Trump wants to take the USA in a better direction policy wise? Makes you wonder how hell bent democrats are on destroying the USA by tearing down what made the USA strong enough to oppose China?
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
originally posted by: Lazy88
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
You mean the people that create jobs in the USA especially if we are able to grow our manufacturing base.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
China is at a Cold War / economic war with the USA already. War is hell. And China is in it to win it.
Added. Seems your into spreading a little fear yourself….
originally posted by: quintessentone
originally posted by: Lazy88
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
You mean the people that create jobs in the USA especially if we are able to grow our manufacturing base.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
China is at a Cold War / economic war with the USA already. War is hell. And China is in it to win it.
Added. Seems your into spreading a little fear yourself….
Do your own research, listen to economic experts. Look at the economic history and the country's debt then let me know if fear strikes you to the core when you realize what is really happening. Neither candidate has mentioned anything about reducing debt.
It's important to note that a direct spiral from national debt to a Great Depression-like scenario is not considered likely by most mainstream economists. However, here's a measured look at the risks:
Current situation: While the US national debt is high by historical standards, the economy has so far been able to sustain it without major crises.
Interest rates: A key factor is interest rates. If they rise significantly, debt servicing costs could increase dramatically, potentially squeezing other parts of the budget.
Economic growth: As long as economic growth outpaces debt growth, the situation remains manageable. A severe economic slowdown could change this balance.
Global confidence: The US dollar's status as the world's reserve currency provides significant leeway. A loss of global confidence in the US economy could potentially trigger a crisis, but this is not considered imminent.
Policy responses: The government and Federal Reserve have tools to respond to economic challenges, which weren't available during the Great Depression era.
Historical context: The Great Depression was caused by a complex set of factors, not just debt. Our understanding of economics and policy tools has advanced significantly since then.
While the debt situation requires careful management and long-term planning, a debt-induced economic collapse on the scale of the Great Depression is generally considered a low-probability scenario by most economists. However, it's worth noting that economic predictions, especially long-term ones, always involve uncertainty.
Worst-case scenario for economic volatility:
Rapid inflation spiral: Prices increase dramatically and unpredictably, eroding savings and purchasing power.
Market crash: Stock markets plummet, wiping out significant portions of retirement savings and investments.
Banking crisis: Multiple bank failures lead to a loss of confidence in the financial system.
Mass unemployment: Businesses close or downsize rapidly, leading to widespread job losses across sectors.
Housing market collapse: Property values plummet, leaving many homeowners underwater on mortgages.
Currency devaluation: The dollar loses significant value internationally, impacting imports and global trade.
Government austerity: Reduced tax revenues force severe cuts to public services and social programs.
Debt defaults: Personal, corporate, and potentially government debt defaults cascade through the economy.
This scenario would be reminiscent of the Great Depression or severe economic crises seen in some countries historically. It's crucial to understand that while this is theoretically possible, modern economic policies, regulations, and interventions are designed to prevent such extreme outcomes.
originally posted by: putnam6
originally posted by: quintessentone
originally posted by: Lazy88
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
You mean the people that create jobs in the USA especially if we are able to grow our manufacturing base.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
China is at a Cold War / economic war with the USA already. War is hell. And China is in it to win it.
Added. Seems your into spreading a little fear yourself….
Do your own research, listen to economic experts. Look at the economic history and the country's debt then let me know if fear strikes you to the core when you realize what is really happening. Neither candidate has mentioned anything about reducing debt.
Fear strikes
LOL
The U.S. national debt is rising by $1 trillion about every 100 days
originally posted by: quintessentone
originally posted by: putnam6
originally posted by: quintessentone
originally posted by: Lazy88
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
You mean the people that create jobs in the USA especially if we are able to grow our manufacturing base.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
China is at a Cold War / economic war with the USA already. War is hell. And China is in it to win it.
Added. Seems your into spreading a little fear yourself….
Do your own research, listen to economic experts. Look at the economic history and the country's debt then let me know if fear strikes you to the core when you realize what is really happening. Neither candidate has mentioned anything about reducing debt.
Fear strikes
LOL
Is this funny?
The U.S. national debt is rising by $1 trillion about every 100 days
www.cnbc.com...
originally posted by: quintessentone
originally posted by: Lazy88
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
You mean the people that create jobs in the USA especially if we are able to grow our manufacturing base.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
China is at a Cold War / economic war with the USA already. War is hell. And China is in it to win it.
Added. Seems your into spreading a little fear yourself….
Do your own research, listen to economic experts. Look at the economic history and the country's debt then let me know if fear strikes you to the core when you realize what is really happening. Neither candidate has mentioned anything about reducing debt.
originally posted by: grey580
a reply to: network dude
The one guy I'd like to see run for office. But probably never would. Is John Stewart. The guy is sharp as a tack. And he's passionate about what he believes in.
originally posted by: Lazy88
originally posted by: quintessentone
originally posted by: Lazy88
originally posted by: quintessentone
His economic plan will make the corporations and rich richer, the tariffs plan will hurt the common people.
You mean the people that create jobs in the USA especially if we are able to grow our manufacturing base.
originally posted by: quintessentone
the tariffs plan will hurt the common people.
China is at a Cold War / economic war with the USA already. War is hell. And China is in it to win it.
Added. Seems your into spreading a little fear yourself….
Do your own research, listen to economic experts. Look at the economic history and the country's debt then let me know if fear strikes you to the core when you realize what is really happening. Neither candidate has mentioned anything about reducing debt.
I posted time to time how crippling the US national debt is. Look at my posting history, and you’ll see your preaching to the choir.
Which has nothing to do, except the US debt makes the US weaker, with china already in an economic/ Cold War with the USA. And war is hell.
originally posted by: quintessentone
a reply to: putnam6
The reality of the failed economy should at least make you think twice, if not, then as I said before, enjoy paying more for those groceries while the political elite dine on champagne and caviar while flying on their private government planes.
How much food is wasted in America?
Just how much food do Americans waste? Here’s some “food” for thought: While the world wastes about 2.5 billion tons of food every year, the United States discards more food than any other country in the world: nearly 60 million tons — 120 billion pounds — every year. That’s estimated to be almost 40 percent of the entire US food supply, and equates to 325 pounds of waste per person. That’s like every person in America throwing 975 average sized apples right into the garbage — or rather right into landfills, as most discarded food ends up there. In fact, food is the single largest component taking up space inside US landfills, making up 22 percent of municipal solid waste (MSW). All told, the amount of food wasted in America has an approximate value of nearly $218 billion – the equivalent of 130 billion meals.
Americans waste about 60 million tons of food every year.
originally posted by: putnam6
originally posted by: quintessentone
a reply to: putnam6
The reality of the failed economy should at least make you think twice, if not, then as I said before, enjoy paying more for those groceries while the political elite dine on champagne and caviar while flying on their private government planes.
Respectfully the political elite are going to dine on champagne and caviar while flying on their private government planes regardless of how much you pay for groceries. Also respectfully sounds as if you are bucking for a tad bit of socialism
Also respectfully most Americans, except the lower classes and poverty classes, eat way too much and waste what they buy as it is. We had 4 teenagers at one point and we could easily spend 800 a month on groceries in 2010 , I don't know how people with children do it now.
I have no problem with expanding or coming up with new programs to help the lower and poverty-stricken classes.