Spell that out with a link to show how we stay at the same level of spending as last year. Saying only that alone without the details is just giving us a talking point of the propaganda.
Do you want an industrial build out? Do you want a tax cut for the rich? Are you pretending you get the tax cut for the rich?
And give away the power of the purse funded by OPM? What are you smoking??? 
Another way to look at it, from the creditorsâ point of view. Unless accepted by the creditor at the time the debt came into existence, the debt ceiling is irrelevant, just a way for a deadbeat not to pay up on time.
The Captain
There are three sources of power
Captain,
You are leaving out 4. Sex?
Why?
The US has always been paying up on time. People want to stop paying up on time.
Not sure you should smoke that stuff.
Many words have lost their meaning in political dialog but not by happenstance. By design! IRA? Reduction? hahahahahahaâŚ
The Captain
Have you ever lived in a major nation that was heavily industrialized?
Heavy industry produces economies of scale. Longer term that is a major deflationary force. The retirees need this the most.
Thatâs a good idea. Stop all Federal payments to states whose representatives in Congress are causing the âdebt ceilingâ drama. If they squawk, give them a lecture on âpersonal responsibilityâ, and remind them how they are against âsocialismâ.
That was how Nixon enforced the 55mph speed limit: stop Federal road funding for any state that did not comply with the speed limit.
Steve
I thought 55 was Carter.
adding
adding more in his actions Nixon was to the left of Carter.
Leap,
I have provided you with precise facts in other threads and all you then do is change the subject, so go fetch your own ârocksâ. Google it; itâs not hard. I did. 
And witness what just happened in your post: rather than show I am wrong, you said:
âDo you want an industrial build out? Do you want a tax cut for the rich? Are you pretending you get the tax cut for the rich?â
Changing the topic; not speaking to the point at issue:
Please note that these are all rhetorical questions: no answer needed
Do you think that âindustrial buildoutâ (by which I think you mean is more stuff built in the USA versus China et al) will actually be driven by government spending? (The issue in question).
What does a tax cut for the rich have to do with the bill in discussion?
I have no idea what you mean by this, but whatâs new?
Maybe one should not be an âexpertâ in everythingâŚor as another poster said many a Leap thread ago: âYou sure take up a lot of bandwidth.â
Cheers!
Murph
Wages/Salary are not âpaymentsâ so I fully assume that those were not included -otherwise the states around DC would be absolutely dominating the list.
I donât think it is, and based on the data, I donât think that is the necessary result.
New Mexico has one of the higher income tax rates yet also has the highest dependency rate. New Mexico ALSO has the highest rate of welfare of any state (followed by a lot of red states but Illinois is 6th, RI is 9th, and PA is 10th). Having 4 out of the 10 worst states for welfare (and while having state income taxes) doesnât make for a strong correlation between low taxes and federal largesse.
That is the thing it is not a change of topic. You do not even know what the topic is.
Exactly! You do not know what the topic is.
Like I said you have a propaganda talking point.
LIMIT FEDERAL SPENDING
snippet
The bill would set federal discretionary spending at $1.47 trillion during the next fiscal year and allow it to increase only 1% annually from there, far below the rate of inflation in most years.
My comments, the economy can only grow faster if the money supply increases. Part of that is monetary policy but most of it has to be fiscal policy spending. If we do not increase the money supply there is no industrial build out.
Like I said, politics. Not worth wasting any ink on it.
The Captain
That is good but meanwhile I am discussing economics.
Because everything is about sex except sex. Sex is about power.
Cheers
Qazulight
sheesh! I was only kidding.
What happens on METaR stays on METaR.
Yes, Captain, I suppose you are right, as were these folks:
PT Barnum: A sucker born every minute.
Jack Nicholson ( âAs Good As It Getsâ): Go sell crazy somewhere else; weâre all full up here.
Anonymous: Donât bother me with facts, I know what I believe.
Cheers!
Murph
(who should know better, and will try to avoid such obvious junk in the future)
Again you do not know better. This is an econ board and you are not on topic at all.
The âdouble nickleâ had been law for years, before Carter was elected. There were later âenhancementsâ, such as mandating that car speedometers only read to 85mph, and 55 be highlighted on the scale.
From the Wiki entry on ânational maximum speed lawâ.
The Emergency Highway Energy Conservation Act was a bill in the U.S. Congress that included the National Maximum Speed Limit. States had to agree to the limit if they desired to receive federal funding for highway repair. The uniform speed limit was signed into law by Nixon on January 2, 1974, and became effective 60 days later,
Steve
In one of the other links above, VA did rank highly, due, no doubt to the number of government offices, and government employees, on the VA side of the river in the metro DC area. VA also is home to one of the remaining, major, USN navy yards, at Norfolk, and, less directly, the Newport News shipyard lives off the navy.
This is from your link:
MoneyGeek then identified data from the Treasury Department on payments from the federal government to individuals and organizations within each state and calculated the monetary benefit provided by the federal government to each state relative to the amount of taxes provided by each state (Medicare payments were removed from this calculation as this information was consolidated to a handful of states). This metric was given a double weighting and converted to a 100-point scale for inclusion in the final score.
Who would the âindividualsâ be, if not people on the government payroll, as well as Federal and SS pensioners?
Steve
Murphy,
You went in and edited.
Ad hominem attacks mean you do not know anything and can not respond on the topic of economics.
Who is wasting the bandwidth? You are.
I am going to say it again. Those who bought into supply side economics where sold simplistic nonsense. Garbage. It is not economics. It is only corruption.
Murphy this is why every conversation on econ you fail to show up with anything of knowledge. Propaganda talking points are not econ you keep resorting to politics.
I am reasonable.
Show up and talk econ on an economics board. If your economics opinion is different than mine that does not mean you have to run away.
SuisseBear you liking Murphy storming off is very funny like a snooker player. To those who do not play snooker or football etcâŚSB maybe thinking like a spoiler. Everything the US does not do manufacturing wise the Europeans would like to do. LOL We have people tearing down our industrial plans in congress right nowâŚthe Europeans are cheering them on. LOL
adding SB years ago I worked for a Turk. He told me on the first day, âyou do not like Galatasaray. You like Fenerbahci (excuse the c)â. I asked why and he repeated himself. So I asked again, âwhyâ? He told me Galatasaray was his wifeâs team.
Good going SB, keep it up!!