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Tuesday, March 26, 2019

IMAGE: Flickr/Stephen Melkisethian

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19 responses to “The Debt Limit Monster Is Coming Back”

  1. dbtheonly says:

    Republican deficits don’t matter.

    This’ll be a big nothing burger.

  2. Lynda Groom says:

    How can there be a debt limit monster during a republican administration?

    • Eleanore Whitaker says:

      I agree. Once you consider that it is their states who rely on tax cuts and subsidies to keep their state economies from going under, you see their states eat up 65% of every annual US budget for their for profit prisons, their military industrialists, their Big Oil, Coal and Fracking and their constant drain on federal tax dollars for their high rates of unemployment, welfare and phony SSDI claims.

  3. bobnstuff says:

    This is just a drill, had we elected a real President instructions would be given on actions to fix the government spending problem.

    It will be interesting to see who gives in and who holds out. Will all those Republicans who tried to block Obama’s spending stand by their guns or will they go along and forget what they claim they stand for.

  4. Dominick Vila says:

    The big question mark is how many, or how badly, are social programs going to be slashed? There is little the incoming administration can do to ignore the debt increases caused by the “crusades”, and defaulting on interest payments seems too radical even for Trump. With that in mind, get ready for the axe hitting SS, MEDICARE, MEDICAID, welfare, public education, and what little is left of the ACA. All of it, while increasing military spending, and giving more tax breaks to billionaires and corporations that already pay little or nothing in taxes.

  5. Eleanore Whitaker says:

    Every vengeful tactic of the Republicans NEVER affect Dem states. That’s proven by how well the northeastern states recovered from 9/11 and Super Storm Sandy without much help from the government thanks to Republican Rand Paul massing his troops to deny these states full FEMA funding he so generously makes sure his southern and midwestern states get every year for their tornadoes, wildfires and flooding.

    The Republicans cannot over rule states’ rights. In fact? It was the southern and midwestern states who always get away with federal rules and regulations by standing on “their” states’ rights.

    So, nothing the Republicans do, will close parks in our Dems States or in any way hurt the public offices. We in the Dem states are smart enough to prepare for the worst. We have to. We are the first line targets of terrorist attacks.

    The Republican terrorists pose no problem whatever.

    • Beethoven says:

      One tactic that might be worth a try is for the Democratic states to start suing their neighboring Republican states to demand that they institute stronger conservation laws to protect the air and water quality of the Democratic states that is being degraded by lax laws in the Republican states. And maybe the economically successful states can sue the federal government to demand that they get a fair return on the federal tax dollars that are flowing in from their states. They can use the states’ rights argument in their law suits, and see if the Supreme Court will apply the same rules it has applied for the benefit of the rural, and Republican, states.

      • Eleanore Whitaker says:

        I so agree. After all, what goes around, comes around. The Republicans 3 times in the last 8 years have threatened to sue Obama. Time for paybacks. You and I both know what paybacks are…lol.

        First of all, no Republican state can use the federal government to trample states’ rights and they know it.

        As you might guess, any refusal to cooperate will have Trump’s eyes rolling in his head like that kid in the movie, “Exorcist,” making all kinds of wild threats to anyone who opposes him and then trying to force citziens to forfeit their citizenship. Can’t be done.

        Nancy Pelosi has already said the Dems will NOT approve ANY meeting with any GOP SC candidate. They asked for this. When big babies pull tantrums, mommy always has to call a “time out” or slap their wrists.

        I think the very fact that the recounts in Republican states are showing massive fraud, in order to preserve our Constitutional voting rights, it is imperative that we force the Republican’s hand and call their bluff. If they are not guilty of election fraud, they have nothing to worry about.

        But, the only reason Trump and the Republicans want to “indict” Hillary is because it would mean another massive public distraction and punish Hillary for the guilt they know they are deflecting. If they indict Hillary, they end up looking like innocent lambs.

  6. rednekokie says:

    The republican congress will give their republican president any and everything he asks for. The only reason we had problems before, is that they were determined not to give President Obama anything at all.
    And, they will drive us far deeper into debt.

    • Mama Bear says:

      as always!

    • Eleanore Whitaker says:

      Actually, the Republicans have managed to get up the wrong nose of one very influential Democrat: Senator Charles Schumer. I had always hoped he would run for president. His negotiating skills between the parties is par excellence.

      Now, he is so furious with the Republicans that he announced yesterday, the Democrats will refuse to vote to repeal healthcare reform. This sent ripples of vehemence among the top Republicans.

      Then, several other Democrats led by Nancy Pelosi, have said the Republicans should expect no more cooperation than the Republicans gave to President Obama.

      • rednekokie says:

        As usual, I totally agree with you — and I hope, sincerely, in this case that you are spot on right.
        The only thing the republicans in congress will ever understand is the Democrats standing up to them with energy.
        Perhaps (although, I doubt it) then they will see just how badly they have wrecked our government and our economy.

        • Eleanore Whitaker says:

          The thing is, what makes Republicans such failures is their inability to accept the reality that government is not a corporate business. They keep insisting they can force government to work the same way a corporation does: with a CEO at the helm, an executive board as the ruling body and the masses as employees.

          The disconnect for Republicans comes when they have to face the fact that they are dealing with tax dollars that come from those “employees” of their “corporation.” What they do then is to pretend tax revenues are like corporate profits to be used as the corporate executives choose.

          The reason more and more often we are hearing the same “privatization” and “popular votes are not important,” is because these words support the Republican need to turn government into a business. Now, you see why it is they love Donald Trump, the ultimate wheeler dealer business tycoon.

          And, just like in corporations, the “executive board” operates on a “need to know” basis with “employees.” We are only allowed information and statistics on a “need to know basis.” On our tax dollars?

          The Republican executive board would love nothing more than to be able to treat American voters and taxpayers like insignificant employees to be tossed about like flotsam in the sea of corporate whim. On our tax dollars? When “WE” pay them to a job and not the other way around?

          My way with discipling my kids was to ask “are you sure you want to do that?” If they went ahead, it was on their heads. If they listened, they inevitably saw how bad a choice they “might” have made. This is all we can do now.

          The Republicans MUST, MUST, MUST be allowed to fail. After all, this would be Strike 3 for them. First, Hoover and the Great Depression, then Bush and the Financial Meltdown and now Trump and his grandiose plan to remodel a 240 plus year old government into a profitable Trump Empire enterprise.

          • rednekokie says:

            Oh, there is no doubt in my mind that they will fail, and miserably. One of my concerns is, at this point in time, the “employees” now have guns and lots of them. They will not be ready to lie back, whimpering as they did in the ’30’s.
            Once they awaken to what has been done to them, they will not be at all happy.
            And we all must bear out the consequences.

  7. Mama Bear says:

    Hey, I know…Trump will just declare the US bankrupt!

  8. Eleanore Whitaker says:

    The biggest problem that is rearing its head for the Republicans is keeping Trump’s mouth shut and his mind off his “businesses.” He claims he has the right to continue to own businesses. Yes. He does. He doesn’t have the right to use presidential influence or power in any way to increase his business wealth.

    Look at that for what it’s worth. He owns more than 200 businesses worldwide, some in countries that pose a security risk. How is he going to hand off his business to two sons and a son-in-law who will no doubt be talking Trump business over family dinners?

    This is one of the reasons why a billionaire cannot be president. Trump only did this as a show of power. He is at the end of his life and he knows if ever he wanted to be a world power, it had to be through becoming a US president.

    • Mama Bear says:

      rumors on the conservative side is that plans are underway to impeach him and install Pence, one of their own. Things can get a lot worse and probably will.

  9. johninPCFL says:

    From David Stockman, Saint Reagan’s budget director:
    “As you might know, David was White House budget director during Reagan’s first term. He knows numbers. And he says Trump’s numbers don’t add up. Well, they do add up, but the totals are off the charts. Just to fund existing government programs and the planned increases in those programs will require the debt ceiling to be raised $4.5 trillion over the next four years.
    “That’s before one dime of new money for any of Trump’s many promises,” says David, “with respect to defense, borders, veterans, law enforcement, tax cuts and infrastructure.”
    By the way, that $4.5 trillion number relies on estimates from the Congressional Budget Office. And those estimates assume there will be no recession until at least 2026!
    As a reminder, the debt ceiling is currently suspended under the “zombie budget” agreed to by President Obama and House Speaker Paul Ryan in the autumn of last year. When the debt ceiling comes back into force on March 15 — that’s Day 55 of the Trump presidency — the national debt will have topped $20 trillion.”

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