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Re: Inflation [Re: TLew] #9190217 02/21/25 04:21 PM
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Originally Posted by TLew
Also, why put a single dime of the early fruits into anything other than paying down what we already owe.


I think the Trump team thinks they'll have alot more public buy in on what they're trying to get accomplished if the public gets something tangible back from the administration.

Kind of the same thing as buying votes, except they're trying to buy good will in the court of public opinion.


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Re: Inflation [Re: KRoyal] #9190218 02/21/25 04:23 PM
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Originally Posted by KRoyal
Originally Posted by TLew
Also, why put a single dime of the early fruits into anything other than paying down what we already owe.


I think the Trump team thinks they'll have alot more public buy in on what they're trying to get accomplished if the public gets something tangible back from the administration.

Kind of the same thing as buying votes, except they're trying to buy good will in the court of public opinion.


It's a second term presidency and they have 3 years and 11 months to win in the court of public opinion. Instead, make the tax changes permanent and let's pause celebrating until we make it past 5% (that's being kind) of the effort

Last edited by TLew; 02/21/25 04:24 PM.
Re: Inflation [Re: TPACK] #9190407 02/21/25 10:22 PM
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Hope Trump can pull it off.

Biden, with the enthusiastic assistance of Congress, looted the economy with Build Back, Build back better Bs. Through heavy inflation, It lowered the value of the dollar. The $ we have put away, through social security withholding and personal investing for the future buys a lot less groceries and medical care. We, as a nation, are bankrupting and head over heels in debt with nothing left backing it.


Without a sense of urgency, nothing ever happens.

Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
Re: Inflation [Re: TPACK] #9190417 02/21/25 10:42 PM
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Just wait until Musk opens the vault at Ft Knox and finds it empty…talk about inflation!!!


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Re: Inflation [Re: Jimbo1] #9190429 02/21/25 10:55 PM
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Originally Posted by Jimbo1
Just wait until Musk opens the vault at Ft Knox and finds it empty…talk about inflation!!!

Whatever they find in there they should use that to paid off debt too, and the saving from not having to house it and guard it.

Re: Inflation [Re: Guy] #9190434 02/21/25 11:01 PM
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Originally Posted by Guy
Originally Posted by Jimbo1
Just wait until Musk opens the vault at Ft Knox and finds it empty…talk about inflation!!!

Whatever they find in there they should use that to paid off debt too, and the saving from not having to house it and guard it.

From what I understand The U.S. currency is tied to that gold. No gold = devaluation of the dollar.


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Re: Inflation [Re: TPACK] #9190440 02/21/25 11:15 PM
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The $5,000 kickback is political chess and nothing more. It is a lot of money that will go into the system and make monthly reported numbers on the financial channels look good. Every month you get these made up numbers, like consumer spending, GDP, on and on. Those numbers will get a little help. Hopefully some will knock down credit card debt.

36 Trillion debt keeps getting thrown around. That doesn’t include unfunded liabilities, like Social Security, Medicare, Medicaid, etc. Numbers north of 100 Trillion is what some podcasters throw around. It is mathematically impossible to pay back. “You can’t get there from here.”

https://www.cato.org/blog/medicare-...ible-100-percent-us-unfunded-obligations

https://www.truthinaccounting.org/a...wDJRzfvVQL6cI2pG1X4PGNvIQYRoCtyEQAvD_BwE

Re: Inflation [Re: Jimbo1] #9190444 02/21/25 11:26 PM
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Originally Posted by Jimbo1
Originally Posted by Guy
Originally Posted by Jimbo1
Just wait until Musk opens the vault at Ft Knox and finds it empty…talk about inflation!!!

Whatever they find in there they should use that to paid off debt too, and the saving from not having to house it and guard it.

From what I understand The U.S. currency is tied to that gold. No gold = devaluation of the dollar.



The US dollar stopped being gold backed / gold standard in 1971. There is not enough gold in the country much less Ft Knox to back the value of our paper based fiat currency

Re: Inflation [Re: TPACK] #9190458 02/21/25 11:42 PM
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Look fellas; yall are so stupid. I saw a documentary the other night and a big fat guy, who tried to rob FT Knox and a sharp dressed guy named….Bond stopped him!! And the pictures showed that place was loaded.

Re: Inflation [Re: Huntmaster] #9190467 02/22/25 12:07 AM
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Originally Posted by Huntmaster
Look fellas; yall are so stupid. I saw a documentary the other night and a big fat guy, who tried to rob FT Knox and a sharp dressed guy named….Bond stopped him!! And the pictures showed that place was loaded.

One of my favorite Bond movies!


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Re: Inflation [Re: TLew] #9190473 02/22/25 12:21 AM
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Originally Posted by TLew
Originally Posted by Jimbo1
Originally Posted by Guy
Originally Posted by Jimbo1
Just wait until Musk opens the vault at Ft Knox and finds it empty…talk about inflation!!!

Whatever they find in there they should use that to paid off debt too, and the saving from not having to house it and guard it.

From what I understand The U.S. currency is tied to that gold. No gold = devaluation of the dollar.



The US dollar stopped being gold backed / gold standard in 1971. There is not enough gold in the country much less Ft Knox to back the value of our paper based fiat currency

All it is now is a big government jewlery box.

Re: Inflation [Re: TPACK] #9190477 02/22/25 12:30 AM
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IF this comes to fruition:

2 Examples.

1. Husband and Wife filing Jointly from the same residence. Only one filing so only 1 check...Correct?

2. Husband and Wife files Separately from the same residence. Do they both get a check if there are 2 tax filings. 1 check PER tax File??

Re: Inflation [Re: Stompy] #9190480 02/22/25 12:31 AM
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Originally Posted by Stompy
Only about 50% of folks pay taxes correct? Are the checks going to everyone or just the folks that paid taxes?
I don't agree with any refunds. Either lower folks taxes or put it toward the national debt.



Agreed


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"If we ever forget that we are One Nation Under God, then we will be a nation gone under." Ronald Reagan


Re: Inflation [Re: reeltexan] #9190643 02/22/25 12:47 PM
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Originally Posted by reeltexan
Originally Posted by Stompy
Only about 50% of folks pay taxes correct? Are the checks going to everyone or just the folks that paid taxes?
I don't agree with any refunds. Either lower folks taxes or put it toward the national debt.



Agreed

THIS


Pass the gravy.


Re: Inflation [Re: TPACK] #9190671 02/22/25 02:14 PM
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There is no way the dividends could be distributed out fairly. Young people who have worked almost none at all getting the same as a married couple that has paid in for 40 years is BS. I`ll just bypass my $$$$ and say put it all towards the debt. I can only imagine how many 70" big screen TV`s Walmart would sell if people got that much $$$ all at once. Lots of people never had that much money all at once anyway. They call it ______ rich. roflmao

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