3 ms·

Let's be real: it's only part of congress.

by gumby 3y ago

revscat 3y ago
On HN holding one party more culpable than another tends to garner downvotes and flags.
- epgui 3y ago
  Reality has a well known _ bias.
- cubefox 3y ago
  Flags should seriously be removed. They only serve for mindkilled censorship voting by political partisans.
  - epgui 3y ago
    Don’t write insane things and usually you won’t get flagged.
    - cubefox 3y ago
      Write things outside the Overton window, and usually you will get flagged.
- macintux 3y ago
  The Democratic Party has historically not opposed raising the debt limit, so this is one of the few occasions where “both sides” is objectively wrong. (I’d argue that “both sides” thinking is usually lacking in objectivity, but this seems unarguable.)
version_five 3y ago
Am I reading the insinuations properly, that people are blaming Republicans for the rating change because they dare to question printing unlimited money, and belive if Republicans were more "responsible" and just allowed money to be printed unchecked there would be no problem? I see no evidence that either party wants to restrain spending when in power, but pretending this is a partisan issue and that one party is at fault for questioning spending as apparently some are doing is reality distortion to a new extreme.
- sagarm 3y ago
  Republicans specifically want to use the debt ceiling as a way to extract concessions when they don't have both houses of Congress.
- WWLink 3y ago
  > people are blaming Republicans Well yea of course they are. You act like that's some kind of terrible thing to do, lol.
- throw0101a 3y ago
  > Am I reading the insinuations properly, that people are blaming Republicans for the rating change because they dare to question printing unlimited money, and belive if Republicans were more "responsible" and just allowed money to be printed unchecked there would be no problem? If the GOP has an issue with "printing unlimited money", perhaps they should have cut spending when they had full control of Congress and the White House, rather than implementing cut taxes and boost spending: * https://en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act https://en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act The GOP only has an issue with "printing unlimited money" when there is a Democrat in the White House. The Republicans were also quite adamant on spending control during the Clinton (Democrat) years: * https://en.wikipedia.org/wiki/1995–1996_United_States_federal_government_shutdowns https://en.wikipedia.org/wiki/1995–1996_United_States_federa... But much less so under the Bush (Republican) years: * https://en.wikipedia.org/wiki/Bush_tax_cuts https://en.wikipedia.org/wiki/Bush_tax_cuts Reminder: it was under a Democratic president (Clinton) that the US had a budget surplus: * https://www.brookings.edu/articles/a-surplus-if-we-can-keep-it-how-the-federal-budget-surplus-happened/ https://www.brookings.edu/articles/a-surplus-if-we-can-keep-... * https://en.wikipedia.org/wiki/Economic_policy_of_the_Bill_Clinton_administration#Deficits_and_debt https://en.wikipedia.org/wiki/Economic_policy_of_the_Bill_Cl... And it was lost under a Republican president. So yes: it is one particular party that is more of the issue.
- gumby 3y ago
  > blaming [] for the rating change because they dare to question printing unlimited money, and belive if [] were more "responsible" and just allowed money to be printed unchecked there would be no problem? The debt limit adjustment is to allow the treasury to borrow enough to cover payments already approved by congress. It is meretricious to object to that: if you don't think the money should be spent you should not have approved the spending in the first place.

Let's be real: it's only part of congress.

by gumby 3y ago

Let's be real: it's only part of congress.

revscat 3y ago

On HN holding one party more culpable than another tends to garner downvotes and flags.

epgui 3y ago
Reality has a well known _ bias.
cubefox 3y ago
Flags should seriously be removed. They only serve for mindkilled censorship voting by political partisans.
- epgui 3y ago
  Don’t write insane things and usually you won’t get flagged.
  - cubefox 3y ago
    Write things outside the Overton window, and usually you will get flagged.
macintux 3y ago
The Democratic Party has historically not opposed raising the debt limit, so this is one of the few occasions where “both sides” is objectively wrong. (I’d argue that “both sides” thinking is usually lacking in objectivity, but this seems unarguable.)

version_five 3y ago

Am I reading the insinuations properly, that people are blaming Republicans for the rating change because they dare to question printing unlimited money, and belive if Republicans were more "responsible" and just allowed money to be printed unchecked there would be no problem? I see no evidence that either party wants to restrain spending when in power, but pretending this is a partisan issue and that one party is at fault for questioning spending as apparently some are doing is reality distortion to a new extreme.

sagarm 3y ago
Republicans specifically want to use the debt ceiling as a way to extract concessions when they don't have both houses of Congress.
WWLink 3y ago
> people are blaming Republicans Well yea of course they are. You act like that's some kind of terrible thing to do, lol.
throw0101a 3y ago
> Am I reading the insinuations properly, that people are blaming Republicans for the rating change because they dare to question printing unlimited money, and belive if Republicans were more "responsible" and just allowed money to be printed unchecked there would be no problem? If the GOP has an issue with "printing unlimited money", perhaps they should have cut spending when they had full control of Congress and the White House, rather than implementing cut taxes and boost spending: * https://en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act https://en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act The GOP only has an issue with "printing unlimited money" when there is a Democrat in the White House. The Republicans were also quite adamant on spending control during the Clinton (Democrat) years: * https://en.wikipedia.org/wiki/1995–1996_United_States_federal_government_shutdowns https://en.wikipedia.org/wiki/1995–1996_United_States_federa... But much less so under the Bush (Republican) years: * https://en.wikipedia.org/wiki/Bush_tax_cuts https://en.wikipedia.org/wiki/Bush_tax_cuts Reminder: it was under a Democratic president (Clinton) that the US had a budget surplus: * https://www.brookings.edu/articles/a-surplus-if-we-can-keep-it-how-the-federal-budget-surplus-happened/ https://www.brookings.edu/articles/a-surplus-if-we-can-keep-... * https://en.wikipedia.org/wiki/Economic_policy_of_the_Bill_Clinton_administration#Deficits_and_debt https://en.wikipedia.org/wiki/Economic_policy_of_the_Bill_Cl... And it was lost under a Republican president. So yes: it is one particular party that is more of the issue.
gumby 3y ago
> blaming [] for the rating change because they dare to question printing unlimited money, and belive if [] were more "responsible" and just allowed money to be printed unchecked there would be no problem? The debt limit adjustment is to allow the treasury to borrow enough to cover payments already approved by congress. It is meretricious to object to that: if you don't think the money should be spent you should not have approved the spending in the first place.