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buffdad

Joined: 09/01/1996 Posts: 15178
Likes: 2585


One at a time


you realize that the shift to single payer is a net SAVINGS for people. I hope you know that. that is the basis of it.

The funding of the college tuition I think has two parts , first college has to be made cheaper, and second, there is a proposed tax on stock trades that will cover the cost of tuition. Billions are traded EVERY DAY

Third, the national debt is one of those topics that people generally simply do not understand. Unlike families and businesses, the government creates money. THe government is the only place where currency is created. as the economy grows, and the currency totals increase to support a new level of wealth in the nation, (as in the GDP growing at a rate) if the national debt is CONTROLLED and does not grow at a rate that cannot bemanaged, the relative ab=mount owed is a lower and lower pergcent of the national wealth. ANd as the national wealth increases, through a strong economy, and higher wages, and MORE TAXES PAID, the national debt is not an issue at all.

That is exactly what happened in the nineties when it looked like Clinton would pay it down, with excesses instead of deficits.

But GREENSPAN argued that not having a deficit is BAD, and there should be a deficit of a controlled level, and a national debt of a significant amount

And so Clinton agree to SERIOUS tax cuts to keep the income from being too large!! Called the "Bush Tax Cuts" as that part of it was added later.

Bernie is likely to create a far healthier economy than we have now. Plain and simple. If I believed ANY of what you said, I would not support him.

(In response to this post by Buffs4Ever)

Posted: 02/10/2016 at 7:29PM



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Current Thread:
 
  
Living on the Edge, George Packer -- buffdad 02/10/2016 01:35AM
  New Yorker article -- Buffs4Ever 02/10/2016 02:02AM
  You two -- buffdad 02/10/2016 6:38PM
  The house has an election every two years -- buffdad 02/10/2016 8:47PM
  The Calif. tax hikes -- Buffs4Ever 02/10/2016 7:13PM
  We also voted for Brown and tax hikes... -- Gateway 02/10/2016 7:55PM
  One at a time -- buffdad 02/10/2016 7:29PM
  BF4E has stated common sense. -- Luther 02/10/2016 12:33PM
  HRC over Kasich in a heartbeat ** -- Ralphie Bruber 02/10/2016 5:30PM
  As Bernie says -- buffdad 02/10/2016 02:11AM
  Re: As Bernie says -- Buffs4Ever 02/10/2016 02:36AM
  The fact is -- buffdad 02/10/2016 07:49AM
  Re: The fact is -- Uppstate 02/10/2016 11:46AM
  Exactly the way -- buffdad 02/10/2016 12:34PM
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