Um, no. That's bullshit. In no particular order:
1. George W. Bush passed multi-billion dollar stimuluses on his watch as well. The crisis unfolded in the summer of 2008, remember.
2. In the face of a major downturn, "spending your way out" is the ONLY reliable way to ameliorate it, at least temporarily. You could argue this is just kicking the can down the road, but Democrats did not invert Keynesian economics [wikipedia.org], nor is it a major part of their platform, nor is the Republican platform particularly against it. (On the topic of fiscal responsibility, most of the time they appear to be stuck in the old, rather incoherent anti-Communist propaganda modes. I doubt the majority of them have ever used the word "Keynesian".)
3. Quantitative Easing:
...you do realize that the Federal Reserve of the United States of America answers to neither Congress nor the President, right? They can do whatever the hell they want and no one can veto it. They were the ones responsible for the QEs, and they were run by a Republican [wikipedia.org] during all three QEs.
1) I said nothing about Bush Jr. What does he even have to do with the conversation?
2) You understand that not everyone worships at the Holy Altar of Keynes, right? 'Broken Windows' is bullshit of the highest order, a perfect credo to justify politicians spending money on their pet projects.
3) If you think Fed policy isn't guided by the general policies who sits in the Oval Office, you're kidding yourself. You know who appoints the Fed, right?
Because of the geographic boundaries, it's useless for any of the 'connecting with other enthusiasts of my weird and potentially embarassing hobby/fetish/etc' applications of anonymity, since you can only interact with people in a fairly small area around you;..
So that's why I never heard of it in the ham radio forums.
Did they try to make an app out of FRS radios?
"if im reading correctly, they are buying the bonds with pre tax dollars."
Foreign earnings are only taxed by the US worldwide tax regime if they are repatriated to the US. Foreign earnings are, of course, taxed by the country where they are earned (generally by a territorial tax regime).
Generally the corporations lobby, often with hard cash, for these laws that they've written
The Lift America Coalition (including large corporations like 3M, Cisco, Intel, Walmart, etc.) has been lobbying for a territorial corporate tax system rather than a worldwide corporate tax system, which would allow trillions of dollars of profits to be repatriated back to the US, but to date they have not been successful in getting Congress to change the corporate tax regime (which the majority of OECD countries have).
I think the point is that major corporations are using US bonds as a tax shelter, and if they had paid taxes instead of investing in US debt, the US debt might not be at it's present level of 100% of GDP.
Well, if the US Federal Govt. didn't keep spending so fscking much.....more than it takes in, we'd not have the debt in the first place.
If they learned to live more within their means, they'd be much better off.
The Feds get PLENTY of tax revenue coming in each year already.
How do you turn this car-to-anything-external comunication the fuck OFF?!?!?
Geez, I mean, I don't want this crap on my car, to aid in tracking etc.
Hell, its difficult enough to disable OnStar or any other myriad of car to base communications as it is....this sounds like even more potentially intrusive software/hardware reporting to authorities on the road.
Hell...I guess I am going to just stick to in the future...70's muscle cars, and other older 'fun' cars to ride in, without all this crap.
Hell, I'd pay EXTRA on a new car to get it without all this external to car communication.
A lot of negative genes that would have resulted in a person not reaching reproductive age are being propagated whereas they might have died out if we were less advanced.
I guess that explains the dramatic rise in the number of plain old fucking stupid people I've started encountering as my life goes on.
Seriously, there really seems to be MANY more of them around these days.
It's not about keeping it tight for their partners...
Err...I beg to differ.
I mean, most guys grow weary REALLY quickly of loose pussy and saggy tits.
Those two things are a big reason they divorce and 'upgrade' to a newer model after a few years.
When a country runs a trade deficit, it receives foreign currency, which is useless in another country. To be of value, these foreign reserves must be invested back into the country running a trade deficit.
Massive spending binge = inflation = a decrease in the value of the dollar, not a "surge"
You could have a rise in the value of the dollar relative to other currencies while at the same time domestic price levels rise.
But in general, that would be unusual with a floating currency, but it could happen with unusual capital controls and/or a pegged currency.
Having 35 websites for gaming info is not going to make a more inclusive or civil society either.
Society has been inclusive and civil enough most all of my life...decades.
Ok..well, the civility has broken down greatly over the past 20 years or so....but I think that may be due TO the enhanced communication and social media, etc.....
That and parents not raising their kids to respect others over the past 30 years....I think that was the largest stake in the heart of public civility.
It almost doesn't matter how an act is discovered, what the people in the group must be willing to let their act be subjected-to is what will define where the label is willing to market them and how much effort they're willing to spend.
I guess there will never be another Zeppelin or Stones....that wrote and produced their own records, played their own instruments, etc.
When Trump talks about spending, it's a "binge".
But a Democrat president can spend like there's no tomorrow and it gets names like "stimulus spending" or "quantitative easing".
No double standard, certainly.
Haven't the Democrats told us since 2008 that the ONLY way out of a recession is to spend money the government doesn't have?
But if you live in Seattle you would never actually use an umbrella.
"Never face facts; if you do, you'll never get up in the morning." -- Marlo Thomas