logo 
spacer
  

Welcome Guest ( Log In | Register )

If you have an opinion, you should share it! Register Now!

America's Debate hosts the best in news, government, and political debate. Register now to take part in the most civil and constructive debate on the Internet. Join the community, and get ready to be challenged!

Click here to start

America's Debate Radio - 234th Live Edition: Today, 09:00 PM EST.
Stream or Download the newest show | Subscribe to the podcast: iTunes · RSS

> Sponsored Links

Register to remove these ads!

> Welcome to the America's Debate Archive!

Topics that have had no new replies in the last 180 days are moved to the archive.

New replies are not accepted once a topic is moved to the archive, and new topics cannot be started in the archive.

> Federal debt limit raised...again, What are Republicans thinking?
logophage
post Nov 18 2004, 03:23 AM
Post #1


********
Millennium Mark

Sponsor
August 2004

Group: Sponsors
Posts: 1,456
Member No.: 3,058
Joined: May-8-04

From: California
Gender: Male
Politics: Independent
Party affiliation: None
Well, here we go again. The Senate has voted to raise the federal debt limit by $800 billion. The House is expected to ratify. That means our debt ceiling will reach $8.2 trillion. Here's the New York Times article and the USA Today article (no signup required).

Is this a good thing?

What ever happened to fiscal responsibility?

Who is going to pay for all this debt and interest it incurs?

This post has been edited by logophage: Nov 18 2004, 03:24 AM
Go to the top of the page
 
+Quote Post

Posts in this topic
logophage   Federal debt limit raised...again   Nov 18 2004, 03:23 AM
bigfish   Is this a good thing? Bush is building the debt o...   Nov 18 2004, 05:50 AM
Julian   Is this a good thing? Debt can sometimes be a usef...   Nov 18 2004, 01:33 PM
Hugo   We have been in greater debt, as a percentage of G...   Nov 18 2004, 05:14 PM
Fife and Drum   Is this a good thing? No, and the hypocrisy of th...   Nov 18 2004, 06:14 PM
Hobbes   Excuse me? Please review the history of raising...   Nov 18 2004, 07:17 PM
bigfish   No this is the tax cut that exempted dividends t...   Nov 18 2004, 11:33 PM
logophage   Here's a review of debt history for you, Hobb...   Nov 19 2004, 02:20 AM
Cube Jockey   Is this a good thing? No, it isn't a good thin...   Nov 18 2004, 07:41 PM
Fife and Drum   I think this gentleman probably knows a bit more ...   Nov 18 2004, 09:47 PM
Hugo   Let me quote J.K. Galbraith "It is more conse...   Nov 19 2004, 02:36 AM
Hobbes   Yep, this is true. If you're a politician, ...   Nov 19 2004, 04:34 AM
logophage   There are multiple issues with such statistics, n...   Nov 19 2004, 07:18 PM
Vampiel   http://slate.msn.com/id/2108201/sidebar/2108202/ ...   Nov 21 2004, 06:35 PM
BecomingHuman   The biggest factor in the deficit are the tax cut...   Nov 22 2004, 01:09 AM
Vampiel   Following that logic, even if you cut the middle...   Nov 22 2004, 02:53 AM
logophage   Statements like this always bother me. Clearly, ...   Nov 22 2004, 06:37 PM
CruisingRam   Vampiel- TARGETED[I] tax cuts DO help the economy,...   Nov 22 2004, 08:20 AM
BecomingHuman   Yep. Certainly it takes money to make money...   Nov 22 2004, 10:35 AM
Vampiel   And if they are given a tax cut they dont need t...   Nov 23 2004, 12:54 AM
bigfish   Expansion by capitol debt is only useful when th...   Nov 24 2004, 08:13 PM
Vampiel   Expansion by capitol debt is only useful when th...   Nov 24 2004, 08:51 PM
BecomingHuman   I'll just requote what I said: If they can m...   Nov 23 2004, 03:08 AM
bucket   I find it interesting this is under Domestic Poli...   Nov 23 2004, 03:45 AM
logophage   I agree with this. And sure deficit spending is ...   Nov 23 2004, 07:04 PM
Vampiel   Sure they can risk other means of investment but...   Nov 23 2004, 06:49 AM
BecomingHuman   I guess thats the point of lower interest rates, ...   Nov 23 2004, 10:17 PM
CruisingRam   To put it in a brief style- I agree with BH's ...   Nov 23 2004, 10:54 PM
bucket   Yeah but it leads to less foreign investments bec...   Nov 24 2004, 01:50 PM
Fife and Drum   I’m constantly amazed with the level of economics ...   Nov 24 2004, 07:02 PM
Vampiel   Fife and Drum and BecomingHuman refer to this comm...   Nov 24 2004, 07:29 PM
BecomingHuman   GDP DOUBLE!!!!! Thats a 100%...   Nov 25 2004, 02:49 AM
Vampiel   Your right I was thinking 3/4 for some reason. ...   Nov 25 2004, 03:58 AM
BecomingHuman   The rate of growth has doubled, not the GDP. The...   Nov 25 2004, 04:30 AM
Vampiel   BecomingHuman You seem to be under the illusion t...   Nov 25 2004, 05:14 AM
bucket   Yeah that was the point i was trying to make..tha...   Nov 25 2004, 05:29 AM
BecomingHuman   Didn't know I was arguing with more than one ...   Nov 25 2004, 06:50 AM
Vampiel   My tax break increased my capital so I could sel...   Nov 25 2004, 07:30 AM
BecomingHuman   No, that would be saying that you suffered from a...   Nov 25 2004, 07:50 AM
Vampiel   Bingo! ;) Though a lack of capital is wha...   Nov 25 2004, 08:25 AM
BecomingHuman   So then, you agree a lack of demand causes a rece...   Nov 25 2004, 08:35 AM
Vampiel   Absolutely. Though remember a lack of demand in...   Nov 25 2004, 08:46 AM
BecomingHuman   Fallen GDP means a lack of demand in the american...   Nov 25 2004, 09:11 AM
bucket   It's ok..but this is an open debate :) ...   Nov 28 2004, 02:53 AM
Vampiel   Let me clarify something here. The American mar...   Nov 28 2004, 03:24 AM
BecomingHuman   Once again, I didn't realize anyone responded ...   Dec 1 2004, 01:29 AM
bucket   Well I think it is the twin deficit that is most...   Dec 1 2004, 05:24 AM

 

Reply to this topicStart new topic
2 User(s) are reading this topic (2 Guests and 0 Anonymous Users)
0 Members:

 

  
Go to the top of the page - Simple Version Time is now: September 9th, 2010 - 12:17 AM
©2002-2010 America's Debate, Inc.  All rights reserved.
Powered By IP.Board © 2010  IPS, Inc.