The thing that confuses me most is they keep saying "we need to fix America and go back how it used to be."
What "used to be" are they talking about? Which time period are we trying to go back to?
Exactly. I don't understand all this "restore America" talk. Restore it to what?? I can't think of any period that I would really want us to go back to. No voting rights for women? Slavery?
And here's an article about the Portman v Ryan question:
I don't think Ryan's speaking ability will help that much. There's only one vice presidential debate (I think), and since when have Americans paid any attention to well-reasoned arguments? It's all about performance art - who looks good, and who appeals to your emotions the best.
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The thing that confuses me most is they keep saying "we need to fix America and go back how it used to be."
What "used to be" are they talking about? Which time period are we trying to go back to?
He never said "go back to how it used to be", he talked about "founding principles", most that defy even the country's spotty history. In essence, he believes that the greatest society concentrates on promoting the equality of opportunity before the equality of results and believes that the nation is far more important to divining the future of the country than the government.
These are big statements, I know, but that is what he is talking about. Of course he's not referring to slavery, etc. Someone should tell that to Biden, though...
Do we even want to pay off the debt? I thought that as long as the debt is lower than the GDP you're fine. It's not household economics - there's not going to come a day when we are actually called in to pay that debt. We can carry it forever.
I think right now the debt actually is a little over the GDP, which is definitely not good...but saying you're going to "pay off the debt" is a pipe dream and wouldn't even yield the healthiest economy. You want to have a debt. You want to have an ever increasing debt. You just want it to stay lower than the GDP.
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Do we even want to pay off the debt? I thought that as long as the debt is lower than the GDP you're fine. It's not household economics - there's not going to come a day when we are actually called in to pay that debt. We can carry it forever.
I think right now the debt actually is a little over the GDP, which is definitely not good...but saying you're going to "pay off the debt" is a pipe dream and wouldn't even yield the healthiest economy. You want to have a debt. You want to have an ever increasing debt. You just want it to stay lower than the GDP.
Bond would likely give a better explanation of the impact of debt on economies than I. But I look across the Atlantic ocean and see a pretty stern warning.