General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat GOP is after with their debt ceiling hostage-taking:
GUTTING social security, Medicare, public education, VA, etc. They want to use all that to pay down the debt THEY created by giving billionaires and big corps tax cuts.
They're going to get it. ALL of it. For their billionaire friends and big corporations, leaving the rest of us with NOTHING and devastating our elderly and middle class + poor.
UNLESS Democrats buck up and UNIFY by getting rid of the filibuster and get ON MESSAGE and execute BOLD moves to combat this.
HOW LONG HAS IT BEEN since we've heard a peep about social security from Democrats? (DNC, et al)
I've read (don't know if it's possible) that Democrats CAN raise the debt ceiling to a level that it will simply not an issue for a LONG time.
In other words Democrats SHOULD STOP NEGOTIATING WITH ECONOMIC TERRORISTS (Republicans). The debt ceiling is one big WEAPON in the economic terrorist cult's arsenal that needs to be taken from them, if at all possible. NO DISCUSSION. Just REMOVE it.
mopinko
(69,806 posts)either make them talk, or make them have 40 votes instead of us have 60. make them get on the floor.
this shit of just making 60 votes the norm for everything is the worst kind of abuse of privilege imaginable.
reign the bullshit in.
ancianita
(35,813 posts)Mathematics, science and now economics fail as a neoliberal tools. Neoliberals have lost all the arguments.
And fuck wasting our time with a modified filibuster. Biden and climate driven societal collapse ain't got time for that!
jmbar2
(4,832 posts)The deficit is a boogieman.
The amount of extreme wealth in the world is inconceivable, and it's invested so as to continually generate phenomenal new wealth every day. It is a self-perpetuating wealth machine. The money has to go somewhere-- the US stock market-- where it just makes more money.
That's why the stock market, particularly the Standard and Poors index has gone straight up from its inception. The rich put money into it and leave it to reproduce endlessly. It is one reason why income inequality has been growing so rapidly since the 1990s.
Every once in a while the market pukes due to disasters like 9/11, covid, and extreme economic malfeasance such as 2008. The Mega accounts are traded by computers that pull all their money out during crashes, which magnifies the crash. Then they put the money put back in once the crisis is over.
There's simply too much wealth for deficits to matter any more. All they need to do is tax that wealth more equitably.
They really don't want that wealth taxed fairly.
I agree with AOC "Tax the Rich"!
LetMyPeopleVote
(144,005 posts)Last edited Sun Sep 19, 2021, 02:07 PM - Edit history (1)
Walleye
(30,723 posts)Tatertot
(94 posts)Unless republicans plan to filibuster raising of the debt limit, democrats should have the votes to raise the ceiling. All Ive read is that Republicans wont vote for it. Yeah Mitch is am asshole. We all knew that
CousinIT
(9,151 posts)Beyond me why they don't JUST. DO. IT.
SCREW trying to get damn Republicans to go along. THAT is no longer a viable option on any issue.