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PETRUS

(3,678 posts)

8. I understand what you're getting at.

Reply to eniwetok (Original post)

Sun Feb 23, 2020, 02:28 PM

Feb 2020

In general terms I more or less agree with you, but point #1 contains a serious logical error. Debt is definitionally both a liability and an asset. One could just as easily say we are setting up future generations to be owed a boatload of money. The real question is distributional (who will be taxed, and who will collect the payments).

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17 replies

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Highlight:

Missing Democratic Talking Points.... Fiscal. [View all] eniwetok Feb 2020 OP

Economic corruption is Warren's focus blm Feb 2020 #1

This has nothing to do with "corruption". eniwetok Feb 2020 #2

Sure it does. Read your #7 again. blm Feb 2020 #3

Uh? eniwetok Feb 2020 #4

Narrative is next... eniwetok Feb 2020 #5

K&R smirkymonkey Feb 2020 #6

Dems Need A Compelling Historical Narrative eniwetok Feb 2020 #7

I understand what you're getting at. PETRUS Feb 2020 #8

That 23 Trillion In Debt... eniwetok Feb 2020 #9

It's a public liability, and an asset to the bondholders, who are living people. PETRUS Feb 2020 #10

OK, got it... eniwetok Feb 2020 #11

I gathered that was your intention. PETRUS Feb 2020 #12

it's not a poison pill if... eniwetok Feb 2020 #13

Unfortunately, people all across the spectrum - including liberals - believe that kind of nonsense. PETRUS Feb 2020 #14

Moving the goal post? eniwetok Feb 2020 #15

1. How is that moving the goalpost? PETRUS Feb 2020 #16

there was no poison pill eniwetok Feb 2020 #17