Government Policy and Budget Discussion Thread (no politics)

[OrangeAfroMan]

wouldn't it be OK, for folks in the bail bond industry to do SOMETHING else to make a living?

How dare you suggest such a thing!  (see entire coal industry issue)

[Cincydawg]

Coal miners could code for a living.

[OrangeAfroMan]

I love how that was the go-to.  Nothing in the energy sector, nothing area-specific, just the generic "coding is the wave of the future".  


It's all so stupid.

[Cincydawg]

I'd be happy if coal is only used for making steel, where we really will need it as coking coal for some applications.  Maybe one can make steel these days without coal at all, I'm not sure.  I remember when Carter had that coal gassification plan built in the Dakotas, I think it is still operating.  Very dumb idea.

Replacing coal with NG has advantages of course, but also means fracking continues.

Some don't like fracking.  Some don't like nuclear.  Well, OK then.

[Mdot21]

Ok this isn’t political at all- more a critique of the useless, useful idiot,  hypocrites in mass mainstream media...

Disgusting to me to see they way they treated the sexual assault allegation against Kavanaugh vs how they are treating this one against Joe Biden. 

They go from one extreme “BELIEVE ALL WOMAN ALWAYS....HE’S A RAPIST” to “There’s no evidence of this! Joe Biden is a great guy!”. 

It honestly scares me. The power these morons have to shape opinion and influence people’s minds. It’s scary.

[CWSooner]

For the mainstream media, Biden is one of "their guys," whereas Kavanaugh is one of the "other side's" guys.

I don't want to see Biden smeared the way Kavanaugh was.  I'd like 'em both to be treated properly.

With that, I'll join Big Beef and his pipe-dream fantasy that we could pay down the national debt during times of prosperity.

[Mdot21]

For the mainstream media, Biden is one of "their guys," whereas Kavanaugh is one of the "other side's" guys.

I don't want to see Biden smeared the way Kavanaugh was.  I'd like 'em both to be treated properly.

With that, I'll join Big Beef and his pipe-dream fantasy that we could pay down the national debt during times of prosperity.

I’m with you all the way around. The media is honestly really just useless. They lambasted W and many times rightfully so- only to hold the bath water of Obama who on many things was to the right of Bush and was worse than Bush- never once heard them say a peep, because like you said: he was on “their” team.

And it’s kinda hard to pay down a national debt when the government continually cuts taxes at the same time it increases spending. 

[Cincydawg]

Speaking of the debt, I saw "we" are borrowing $3 TRILLION this QUARTER alone.  Does anyone think that might have ramifications down the line?  Anyone?  Bueller?

The states and cities will be toast without Fed funds.  

Maybe all this fiat money is really free and we can make it up as we go.  

[utee94]

Speaking of the debt, I saw "we" are borrowing $3 TRILLION this QUARTER alone.  Does anyone think that might have ramifications down the line?  Anyone?  Bueller?

The states and cities will be toast without Fed funds. 

Maybe all this fiat money is really free and we can make it up as we go. 

Man I'd love to get me some of that free money!

[Cincydawg]

I got a little bit, and then a letter from the President telling me I got it.  Which I already knew.

[Mdot21]

Speaking of the debt, I saw "we" are borrowing $3 TRILLION this QUARTER alone.  Does anyone think that might have ramifications down the line?  Anyone?  Bueller?

The states and cities will be toast without Fed funds. 

Maybe all this fiat money is really free and we can make it up as we go. 

As a government, as long as you can tax your own citizens in perpetuity, you can control your own currency, and your currency also happens to the worlds reserve currency- the debt honestly almost doesn't matter.

And yes, the money is free. It's created out of thin air by computers adding "money" to an electronic ledger- it's made up as we go. It's backed by absolutely nothing and has been since 1971 when Nixon severed all ties of the US dollar to gold.

[Mdot21]

Man I'd love to get me some of that free money!

Sorry. You need to be a wall street firm, an airline, or a small business like ShakeShack, Harvard, and the Los Angeles Lakers.

[Cincydawg]

At some point, if money floods the market, you'd expect to see inflation, too many dollars competing with limited goods.

I also marvel at the ability of the Fed to buy up T bonds.

[utee94]

Sorry. You need to be a wall street firm, an airline, or a small business like ShakeShack, Harvard, and the Los Angeles Lakers.

Well, I did eat at Shake Shack once...