Quote:
Originally Posted by crockett
Well to be fair, with out the bonds the US govt would shut down, because our govt is spending far more money than we take in. So it would cause a shut down where the govt kept only vital offices operational, just like when it happens over budget deals. There would be shit tons of people out of work, none of the national parks are open and it costs our economy hundreds of millions.
This is why the tax cuts were ridiculous and short sighted because Republicans cut some programs for the poor then spent all that money on shit they wanted. They also spent all the "potential" gains from the tax cuts..
A fiscal conservative would beat trump with a dirty broom but sadly fiscally conservative Republicans went extinct along with their morals & so called family values..Republicans and Democrats as far as the economy goes are the exact same one side gives all the money to big business the other side tries to save the middle class. Both spend recklessly for their own reasons..
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lol, I certainly don't need a lecture on the debt market.
The fact is it was a bond auction, anyone could have bought those bonds, if China didn't some other entity certainly would.
you've obviously missed the fact that MrBB is a raging anti-American.