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Forums - Politics Discussion - Obama proposes $4.1 trillion U.S. budget, including a $10-per-barrel fee on oil to fund clean-energy transportation

0815user on 10 February 2016
MTZehvor said:
0815user said:

so if we break it down to the core and view this picture on a global scale why should you be forced to pay it back when you, me and probably 90% of the people here on vgchartz own a part of the debt all countries hold together? 

Because people on VGC probably hold next to nothing in debt, and because the way the government gets money is by, you guessed it, not spending it on its citizens.

if you have a savings account or just anything that generates income based on government bonds you cause government debt somewhere on the world. there is a reason why interest rates a down globally because central banks are trying to solve the government debt problem by getting people out of so called save money investment solutions that cause the debt nearly everyone is complaining about.



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MTZehvor on 10 February 2016
0815user said:
MTZehvor said:

Because people on VGC probably hold next to nothing in debt, and because the way the government gets money is by, you guessed it, not spending it on its citizens.

if you have a savings account or just anything that generates income based on government bonds you cause government debt somewhere on the world. there is a reason why interest rates a down globally because central banks are trying to solve the government debt problem by getting people out of so called save money investment solutions that cause the debt nearly everyone is complaining about.

...uh...what?

The reason interest rates are low is because Western governments are lowering them with the intention of encouraging investments. Basic monetary policy; lower interest rates to make taking out loans seem like a preferable option. The hope is that potential entrepreneurs will use the money to start businesses, increasing the amount of economic activity and tax revenue. 

As for everything else, the government would simply need to raise the money necessary to buy back bonds and then refrain from selling them as much in the future. 



0815user on 10 February 2016
MTZehvor said:
0815user said:

if you have a savings account or just anything that generates income based on government bonds you cause government debt somewhere on the world. there is a reason why interest rates a down globally because central banks are trying to solve the government debt problem by getting people out of so called save money investment solutions that cause the debt nearly everyone is complaining about.

...uh...what?

The reason interest rates are low is because Western governments are lowering them with the intention of encouraging investments. Basic monetary policy; lower interest rates to make taking out loans seem like a preferable option. The hope is that potential entrepreneurs will use the money to start businesses, increasing the amount of economic activity and tax revenue. 

As for everything else, the government would simply need to raise the money necessary to buy back bonds and then refrain from selling them as much in the future. 

if someone invests into stuff, another one has to buy the stuff to make the economy work. 2 sides of the same coin. but to encourage both you first need to limit the amount of money you can gain holding government bonds. 



Sharpryno on 10 February 2016
Sixteenvolt420 said:
If our country would just legalize weed nationally and quit fighting the worlds' battles, most of the money problems would be solved, imo.

No kidding.  Its a multi billion dollar business and it keeps some people away from alcohol which = healthier. 
Sad thing is, every single republican candidate has said we need to increase military spending and deploy ground troops in syria and what not.  


Investing in clean energy, something the government HAS to do because oil companies/energy companies choose not to.  This is why pure capitalism is shit and why we are such a social democracy today, albeit a crappy one. 

 

Dulfite said:

Eliminate everything the federal government has control over other than the military. Let states figure out taxes, let people figure out how to save up money for retirement, eliminate planned parenthood, eliminate the federal department of education, eliminate the IRS, eliminate income tax (boost sales tax), and get rid of every other kind of program that suggests humans aren't intelligent enough to survive on their own. The few people that are dependent, if they have no loved ones to take care of them, then yes we can help them but that isn't that many people % wise. I respect others enough to know that they can take care of themselves when they have to and I don't assume people need the government to rescue them (unless they really do).

Then monopolies would form, corporations can control state governments even easier than a federal government and they will continue to get what they want at the expense of the quality of life for the people.  Take your opinion out of here because its ridiculously flawed :D (jk jk, but hopefully you can easily see that.  Hate when people think small government is the answer). 



MTZehvor on 10 February 2016
0815user said:
MTZehvor said:

...uh...what?

The reason interest rates are low is because Western governments are lowering them with the intention of encouraging investments. Basic monetary policy; lower interest rates to make taking out loans seem like a preferable option. The hope is that potential entrepreneurs will use the money to start businesses, increasing the amount of economic activity and tax revenue. 

As for everything else, the government would simply need to raise the money necessary to buy back bonds and then refrain from selling them as much in the future. 

if someone invests into stuff, another one has to buy the stuff to make the economy work. 2 sides of the same coin. but to encourage both you first need to limit the amount of money you can gain holding government bonds. 

Encouraging consumption isn't a problem at the moment, purchasing rates are relatively high across all developed Western countries. The supply side is the issue at the moment, and that's where the (perceived) need for increased monetary policy comes into play.