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Is the National Debt a "big deal"?

Discussion in 'BBS Hangout: Debate & Discussion' started by TheresTheDagger, Jan 20, 2017.

  1. FranchiseBlade

    Supporting Member

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    Do you? One of the things they do is set priorities for and oversee what little amount of Federal Funding actually goes to the schools.
     
  2. Cohete Rojo

    Cohete Rojo Member

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    Yep. I figured you had no idea. You're like the far righters who think the Department of Energy sets the price of Energy.

    That's not what they do.
     
  3. FranchiseBlade

    Supporting Member

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    That is absolutely part of what they do. Try again, kid.

    I'm editing this to show you a table. This links all of the tile I budget summaries from the DoE.

    This is a list and it's from the DoE site.
    https://www2.ed.gov/about/overview/budget/titlei/fy15/index.html

    You can always correct me when I'm wrong, and I frequently am wrong. But please don't pretend like you know about everything the Department of Education does when you clearly don't. Maybe there's a huge misunderstanding and you didn't mean to sound like you think the DoE doesn't oversee any title I funding for schools.
     
    #63 FranchiseBlade, Jan 23, 2017
    Last edited: Jan 23, 2017
  4. Cohete Rojo

    Cohete Rojo Member

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    What would you say constitutes "a lot" of funding?
     
  5. FranchiseBlade

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    I posted a list of all the Title I funding from 2015. If you go to the site you can check out previous years funding. Most funding from school is from the state, but depending on the school the Title I funding is absolutely significant.
     
  6. BigDog63

    BigDog63 Member

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    If we're going to have this discussion (funding) need to include the block grants the Federal Government gives the states, I would think.
     
  7. FranchiseBlade

    Supporting Member

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    Sure, if you'd like.
     
  8. glynch

    glynch Member

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  9. TheresTheDagger

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    Four pages in and I'm going to assume the question has been answered.

    Yes DD, the National Debt is a big deal.
     
  10. NewRoxFan

    NewRoxFan Member

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  11. pirc1

    pirc1 Member

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    The national debt is only a big deal if your party is not in charge, look at the GOP, do they have any plan to reduce the debt now that they are in power?
     
  12. juicystream

    juicystream Member

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    Cut taxes
    Increase military spending
    Profit? For their pockets.
     
  13. pirc1

    pirc1 Member

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    Don't forget, tax cut will hurt the Trump family, LOL.
     
  14. NewRoxFan

    NewRoxFan Member

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  15. rockbox

    rockbox Around before clutchcity.com

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    As Warren Buffet said, its okay to run a deficit of about 3 percent of GDP. Anything above that is not sustainable.
     
  16. NewRoxFan

    NewRoxFan Member

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  17. Invisible Fan

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    No wonder we splitting up criminal children.

    There won't be any jobs for them to work under the table.

    Brilliant tax cuts!
     
  18. Deckard

    Deckard Blade Runner
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    Because of the huge giveaway the tax cut that trump and the GOP Congress gave to the wealthiest people in this country, those who needed it the least, an enormous increase in the national debt is assured. What will be the predictable GOP/trump response? It's all the fault of the Democrats. A lie, but that's what they'll say.

    They'll say that social programs, farm subsidies, and a host of other things that are important, many important to trump voters, need to be slashed "because of the huge deficit." They won't say, "because of the huge deficit caused by the gigantic tax cut giveaway to the wealthiest Americans that was caused by the current Republican government in control of both houses of Congress and the presidency." Why? Because they don't care and are bending over backwards to reward their wealthy donors. In trump's case, he doesn't care because he rewarded himself.

    Is the debt a big deal? The Republicans in power clearly don't think it is. I'm not even getting into trump's insane trade war, started by himself and against the wishes of his own party, which will dramatically impact many who voted for him, and in a very negative way. I'm also not getting into the big spike in inflation we will be seeing over the next few years due to the tax cuts and the trade war, another "gift" to America by trump and GOP. Inflation that this country has had under control for years. President Obama left a growing, healthy economy, with decreasing unemployment, very low interest rates, and low inflation. The Republican Party and trump are busy destroying it, in my humble opinion.

    A dramatic rise in inflation is coming down the pike and, again, many of those hurt the most are Americans foolish enough to have voted for trump and the GOP. Credit card rates will rise. Interest rates for home buyers will rise. The prices of farm equipment and a host of other things will rise. An economic crisis is on its way, thanks to trump and the Republican House and Senate. I hope you far-right trump/GOP supporters enjoy what's coming at you, but I suspect that you won't. Say what you like about the current economy. It isn't going to last, and it will be because of trump and the GOP.
     
    #78 Deckard, Jun 27, 2018
    Last edited: Jun 27, 2018
  19. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    [Educational Post]
    Obama took the national debt racked up by ALL PRIOR PRESIDENTS and then proceeded to double it. Literally racked up enough debt to exceed the cumulative sum of all Presidents before him.

    But now the libs are concerned about the debt.


    RINGS HOLLOW
     
  20. Deckard

    Deckard Blade Runner
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    You ring hollow,Trader_J. The reason that occurred, which you deliberately left out, is because President George W. Bush, a Republican, left President Obama with an economic catastrophe. A catastrophe Obama steered the country out of.
     

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