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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (214085)	10/8/2021 1:38:10 PM
From: puborectalis	1 Recommendation Recommended By Terry Maloney Read Replies (1) \| Respond to of 360982

It should be said that Manchin’s case is not very persuasive. Interest rates are low and have been for the past decade. The Congressional Budget Office expects interest rates to stay low until at least the 2030s. For the government, then, borrowing is cheap, and there’s little risk that the additional debt will overheat the economy or crowd out private investment. We can, and should, spend much more than $3.5 trillion, especially since — when spread out over 10 years — that number would be 1.2 percent of our projected national income over the same period. But the reality of America’s fiscal capacity isn’t the point. For as much as he talks about debt and spending, Manchin’s objection is more moral than it is practical. To say that you don’t want to foster an “entitlement” mentality among America’s able-bodied adults is to make a statement about the proper order of things, as you understand them.

To: bentway who wrote (214085)	10/8/2021 2:07:02 PM
From: i-node	Read Replies (2) \| Respond to of 360982

The entire intelligent wing of the national electorate fears Texas turning blue. It probably will happen some day but not likely anytime soon. While pro-abortion folks are drumming up hostility toward Abbott, it is pretty hard to look past him bringing Tesla to Austin, very likely a 17 Billion dollar Samsung chip factory -- which is badly needed as a US asset -- and influx of tech to Houston and Dallas. I just don't see people voting for Beto over that. The big confusion is the belief that, e.g., a Tesla HQ in Texas means more blue. Tesla is hiring Texas employees, not importing nutjobs from California. That's the point of it. People have watched California's decline, and I don't think they want that here. You don't, do you?