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-   -   2020 Election (https://britishexpats.com/forum/trailer-park-96/2020-election-919243/)

Steerpike Feb 21st 2019 3:46 am

Re: 2020 Election
 
What's the latest flavor of 'free education' from Bernie? At first I thought it was 'free for everyone' but I just read this from 2017 - https://www.cnbc.com/2017/10/10/bern...ica-great.html

This year, Sanders introduced the College for All Act, which aims to make colleges and universities tuition-free for families that earn $125,000 per year or less. That, he notes, covers 86 percent of the population
I like the idea of limiting it based in income of parents. Is that still his proposal?

Also - just curious how this is supposed to work. As I understand it, this only applies to 'non-private' colleges (that is, won't apply to Stanford, Yale, etc) but aren't such colleges mainly 'state' institutions? Eg, University of California, Arizona State University, etc? I understood these to be under the control of the state. So would this require the cooperation of the state colleges? Are there no issues here with 'states rights' etc?

scrubbedexpat099 Feb 21st 2019 3:48 am

Re: 2020 Election
 

Originally Posted by civilservant (Post 12641101)
Haven't you heard? Deficits don't matter! :rofl:

I'm more concerned about the veritable tsunami of corporate debt that will come due in the next 2-4 years then the Federal debt.

They are interlinked, I have no idea when its going to go tits up but before the next election probably?

The whole system is overloaded, which State will go bust first, Illinois seems to be considered the most likely. I have seen it mentioned that is is technically bust now. And when that happens there will be a cascade.

A always understood the idea was to try and rectify in the good times so you have some room for manoeuvre when you hot the bad, but that seems to have been done away with.

A massive dose of inflation to strip peoples savings has been the usual technique but that does not seem possible now.


Leslie Feb 21st 2019 4:19 am

Re: 2020 Election
 
Most of the Democrats running make we want to change the channel as soon as they start talking. The only two who don't affect me this way are Bernie and Paul Buttigieg. There is one who makes me want to shoot my own TV. Sorry.

No idea what that means but I doubt I'm the only one who feels this way. We can argue minutia and ideology all day but if they don't inspire confidence in their own leadership abilities, nothing else matters.

Giantaxe Feb 21st 2019 4:23 am

Re: 2020 Election
 

Originally Posted by Boiler (Post 12641097)
$22th in debt and heading into a recession.

Where is the money coming from?

Reversing the Trump tax cuts would be a good start.

scrubbedexpat099 Feb 21st 2019 4:24 am

Re: 2020 Election
 

Originally Posted by Leslie (Post 12641131)
Most of the Democrats running make we want to change the channel as soon as they start talking. The only two who don't affect me this way are Bernie and Paul Buttigieg. There is one who makes me want to shoot my own TV. Sorry.

No idea what that means but I doubt I'm the only one who feels this way. We can argue minutia and ideology all day but if they don't inspire confidence in their leadership abilities, nothing else matters.

In the current environment I question the sanity of anybody who would want to stand.

scrubbedexpat099 Feb 21st 2019 4:27 am

Re: 2020 Election
 

Originally Posted by Giantaxe (Post 12641134)
Reversing the Trump tax cuts would be a good start.

Something has to be done, seems this was $3.2tn over 10 years.

When it is going up by that much every couple of years in the good time, what does that say?

Giantaxe Feb 21st 2019 4:33 am

Re: 2020 Election
 

Originally Posted by Boiler (Post 12641137)
Something has to be done, seems this was $3.2tn over 10 years.

When it is going up by that much every couple of years in the good time, what does that say?

Debt as percent of GDP is a more interesting figure.

civilservant Feb 21st 2019 4:33 am

Re: 2020 Election
 

Something has to be done, seems this was $3.2tn over 10 years.
Cut Social Security benefits and military spending in half.

Voila! Surplus!

Get rid of Trumps tax cuts and we'll be well in the green. :sarcasm:

scrubbedexpat099 Feb 21st 2019 4:43 am

Re: 2020 Election
 

Originally Posted by Giantaxe (Post 12641143)
Debt as percent of GDP is a more interesting figure.

Going up and up and up.

Giantaxe Feb 21st 2019 4:54 am

Re: 2020 Election
 

Originally Posted by Boiler (Post 12641149)
Going up and up and up.

Huge increase in the wake of the Great Recession, but leveled off since:

https://fred.stlouisfed.org/series/GFDEGDQ188S

Leslie Feb 21st 2019 4:57 am

Re: 2020 Election
 

Originally Posted by Boiler (Post 12641135)
In the current environment I question the sanity of anybody who would want to stand.

You have to be a little strange to run for president, even under the best circumstances. Of course, some people run never expecting to win. They just need a job and attention for whatever tat they're trying to sell. Mike Huckabee did it for over a decade. Unfortunately, there is always the risk that one of them might accidentally win and end up being the worst president in the history of the country.

Octang Frye Feb 21st 2019 5:12 am

Re: 2020 Election
 
Our new neighbors had a party this Sunday. Little kias and beaten up Subarus. Bernie stickers everywhere.

I thought Bernie wasn't a Dem. How does that work?

My liberal friend is blowing up my phone with AOC photos and gifs. He thinks he's funny. Frankly - it's a welcome change from this vulgar Me Again Markle woman.

Leslie Feb 21st 2019 5:14 am

Re: 2020 Election
 
https://media.tenor.com/images/22ea9...7585/tenor.gif

Octang Frye Feb 21st 2019 5:16 am

Re: 2020 Election
 
Gah! Stop it!

It's the one where's she dancing. I hates it.

civilservant Feb 21st 2019 5:16 am

Re: 2020 Election
 
I'm sick of hearing about AOC. It's like she's the first Socialist ever.

Since when has one singular member of the House actually been able to accomplish anything anyway?


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