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re: Argentina records first budget surplus in 16 years. Take a bow, Milei

Posted on 4/25/24 at 7:33 am to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68593 posts
Posted on 4/25/24 at 7:33 am to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68593 posts
Posted on 4/25/24 at 7:35 am to
lol Roger, I wasn’t even old enough to vote for people who did real damage to this country. But you were.

GFY
Posted by Sofaking2
Member since Apr 2023
3705 posts
Posted on 4/25/24 at 7:36 am to
quote:

Money has to circulate in order to cause inflation

If you print more money what do you think happens to the money? It sits in a warehouse somewhere? No, it circulates and causes inflation.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260351 posts
Posted on 4/25/24 at 7:37 am to
quote:

I wasn’t even old enough to vote for people


You voted for this fiscal liberal, and are begging others to do the same.

This fiscal liberal that wanted to spend MORE than Democrats.


If MAGAt understood very basic economics, you would never have supported Trump. You retards brag about his economy built on debt.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260351 posts
Posted on 4/25/24 at 7:39 am to
quote:


If you print more money what do you think happens to the money? It sits in a warehouse somewhere? No, it circulates and causes inflation.


It ends up parked as wealth, which is used by corporations and rich folks to b buy houses for investment which prices the little guy out of the market.

Argentina is on the right track fiscally. Regardless of whether Joe or Donny is elected we are fricked.

We have set ourselves up for wholesale tax increases.
This post was edited on 4/25/24 at 7:40 am
Posted by OBReb6
Memphissippi
Member since Jul 2010
37735 posts
Posted on 4/25/24 at 7:59 am to
quote:

"If the state does not spend more than it collects and does not issue (money), there is no inflation. This is not magic," the self-described "anarcho-capitalist" said.


What kind of voodoo heresy is this?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73571 posts
Posted on 4/25/24 at 8:04 am to
quote:

If MAGAt understood very basic economics


You live off Govy Handouts. You dont even know what economics means

You thiblnk tariffs taxed each person in the US 80bil
This post was edited on 4/25/24 at 8:05 am
Posted by ChatGPT of LA
Member since Mar 2023
282 posts
Posted on 4/25/24 at 8:08 am to
quote:

They aren't idiots, they're corrupt.


Yet they keep getting voted in office.


By the idiots
Posted by OGtigerfan87
North La
Member since Feb 2019
3369 posts
Posted on 4/25/24 at 8:12 am to
Let me ask an honest question as a conservative. Is a budget surplus a good thing and something to be celebrated? It means the government took the citizens money and didn’t spend it for anything to better the country. What was the point in taking the taxes? Wouldn’t breaking even be better from a conservative standpoint.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41109 posts
Posted on 4/25/24 at 8:49 am to
quote:

Is a budget surplus a good thing and something to be celebrated?



I presume the surplus will be used to pay down the debt or possibly given back to the people.



It pains my soul to see Milei praised on this board. There's no way 90% of the people in this thread would even vote for the guy if given a chance. Yall had three chances to get a Paul as the nominee and blew it every time. Instead we got Romney, McCain, and Trump.......
Posted by frogtown
Member since Aug 2017
5007 posts
Posted on 4/25/24 at 9:29 am to
quote:

I presume the surplus will be used to pay down the debt or possibly given back to the people.



Argentina owes the IMF about $44 billion I believe. Milei has a long road ahead of him.
Posted by Henry Jones Jr
Member since Jun 2011
68502 posts
Posted on 4/25/24 at 9:31 am to
quote:

Yet they keep getting voted in office.
Yeah but it’s not MY guy!
Posted by Robin Masters
Birmingham
Member since Jul 2010
29745 posts
Posted on 4/25/24 at 9:31 am to
quote:

If the state does not spend more than it collects and does not issue (money), there is no inflation. This is not magic Louder for the idiot American politicians.


I’m pretty sure the know exactly what they are doing.
Posted by CreoleTigerEsq
Noneya
Member since Nov 2007
548 posts
Posted on 4/25/24 at 9:38 am to
If you have a $309 million surplus, but you owe $44 billion to the IMF, that doesn’t scream resounding economic success to me.
Posted by ninthward
Boston, MA
Member since May 2007
20412 posts
Posted on 4/25/24 at 9:47 am to
quote:

Money has to circulate in order to cause inflation.
the money under my mattress is still subject to inflation.
Posted by frogtown
Member since Aug 2017
5007 posts
Posted on 4/25/24 at 9:50 am to
quote:

If you have a $309 million surplus, but you owe $44 billion to the IMF, that doesn’t scream resounding economic success to me.



He cut 30% of the government first month in office just to get to the surplus. He has only been in office for 4 months.

He is pretty much killing it.
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
24893 posts
Posted on 4/25/24 at 9:50 am to
LFG !!
Posted by AubieinNC2009
Mountain NC
Member since Dec 2018
4941 posts
Posted on 4/25/24 at 10:55 am to
quote:


It’s doable if you really want it to be.


Cut foreign aid, reform USPS, cut government workforce by 10%, cut military spending by 10% (cut waste & fraud). Cut welfare to those who can work, shut down the border.

Real simple but no one is washington has the balls to do it.
Posted by OccamsStubble
Member since Aug 2019
4981 posts
Posted on 4/25/24 at 11:09 am to
quote:

n87Let me ask an honest question as a conservative. Is a budget surplus a good thing and something to be celebrated? It means the government took the citizens money and didn’t spend it for anything to better the country. What was the point in taking the taxes? Wouldn’t breaking even be better from a conservative standpoint.


Honest answer: it gives you the clear path to argue spending cuts.
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