On a Modest Proposal

[caelric]

So, according to your "math", you are ok spending an additional 5 trillion dollars a year for 10 years. That's 50 trillion dollars on top of our current 30 trillion dollar deficit... so 80 trillion dollars.

What's the end goal?

To save the planet? Is this like the war on drugs or the war on poverty?

Or is it to just destroy the current economy and bring about your idea of utopia.. socialism/communism?

But he's a republican. Just ask him, he'll tell you.

[Bhaalizmo]

But he's a republican. Just ask him, he'll tell you.

No PB. Just no.

[Neveragain]

Issued more bonds that were purchased by the Federal Reserve, which is to say the US borrowed money from itself, which is to say magick with a capital k. (Well... lowercase, but you get the idea.)

And the specific ramification of this is alleged to be runaway inflation. Didn't happen this year. Didn't in fact happen in any year since the Fed began QE in 2008 - we haven't even hit 4% in thirty years. Where's the beef?

Barrowing money from the federal reserve is not the "US barrowing money to itself". It's the US, like a corporation, creating more stock and placing it on the market. Creating more stock cheapens the value of the existing "UScorporation" stocks. Eventually you can no longer place more stock on the market, investors (China) will lose faith in ever seeing a return on their investments.

[RichardCranium]

No PB. Just no.

Latrinsorm is in fact a republican.

And he apparently gets his toothpaste from a bag.

[caelric]

No PB. Just no.

Sorry, andraste, just because you have multiple alts to agree with yourself doesn't mean everyone else does.

[Bhaalizmo]

Sorry, andraste, just because you have multiple alts to agree with yourself doesn't mean everyone else does.

Who is Andraste, and why do you capitalize it when you couldn't be bothered to capitalize a letter when creating your username?

You are the PB alt. The rep scheme alt. Doing exactly what you described, agreeing with yourself and outing yourself by attempting to project it on others.

[caelric]

Who is Andraste, and why do you capitalize it when you couldn't be bothered to capitalize a letter when creating your username?

You are the PB alt. The rep scheme alt. Doing exactly what you described, agreeing with yourself and outing yourself by attempting to project it on others.

You're not very bright, are you.

[Latrinsorm]

So, according to your "math", you are ok spending an additional 5 trillion dollars a year for 10 years. That's 50 trillion dollars on top of our current 30 trillion dollar deficit... so 80 trillion dollars.

What's the end goal?

To save the planet? Is this like the war on drugs or the war on poverty?

Or is it to just destroy the current economy and bring about your idea of utopia.. socialism/communism?

The economy would have been destroyed without these massive government interventions many times in our nation's history. It's your bad luck two of them happened in the formative years of back to back generations - the percentage of the population that believes as you do dwindles every day.

As for the "end goal", it's the same as it ought to be for every other exercise of our government:
to form a more perfect Union,
establish Justice,
ensure domestic Tranquility,
provide for the common defence,
promote the general Welfare, and
secure the Blessings of Liberty to ourselves and our Posterity.

[Latrinsorm]

Barrowing money from the federal reserve is not the "US barrowing money to itself". It's the US, like a corporation, creating more stock and placing it on the market. Creating more stock cheapens the value of the existing "UScorporation" stocks. Eventually you can no longer place more stock on the market, investors (China) will lose faith in ever seeing a return on their investments.

Except we can measure the "value" of those "existing" "stocks", and it turns out it wasn't "cheapen[ed]".

"Eventually" covers anywhere from printing $1 to printing $1,000,000,000,000,000,000,000,000,000,000,000,000 ,000,000,000,000,000,000 and beyond, it's a completely useless observation. We know the lower bound is above $3,500,000,000,000 for sure, that just happened and we were fine. Is it more likely there's a sudden cliff at $3,500,000,000,001 or that this depiction of economics turned out to be wildly overstated?

[Latrinsorm]

Latrinsorm is in fact a republican.

And he apparently gets his toothpaste from a bag.

This guy gets it.