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Debate Info

2
11
Reckless borrowing. Soaring debt.
Debate Score:13
Arguments:13
Total Votes:13
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Argument Ratio

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 Reckless borrowing. (2)
 
 Soaring debt. (9)

Debate Creator

Ahoghill(1034) pic



What is inevitable with standard Left-Wing maladministrations, such as Biden's?

Broken down Chairman Biden and his left-wing lowlifes have continued with the DImocrat's Modus Operandi of plunging the nation into enormous levels of debt, only this time Comrade Biden has greatly overstepped the mark and created a financial black hole from which we'll never be able to emerge without ETERNAL STIGMA and LONG LASTING HARDSHIP. 

Reckless borrowing.

Side Score: 2
VS.

Soaring debt.

Side Score: 11
1 point

The DIm's see their policies of it'll be alright on the night, spend-spend-spend and borrow-borrow-borrow as their Holy Grail.

The dim DIms fail to recognize that in the past these policies produced DISASTER, DISASTER, DISASTER.

CHAIRMAN BIDEN AND HIS LOONY LEFTIES SHOULD BAND TOGETHER AND WRITE A BOOK ENTITLED;- HOW ''NOT'' TO LEARN FROM HISTORY.

Side: Reckless borrowing.
excon(15692) Disputed
1 point

The DIm's see their policies of it'll be alright on the night, spend-spend-spend and borrow-borrow-borrow as their Holy Grail.

Hello A:

We've talked about this before.. YOU don't believe good roads and bridges are an investment.. You think of them as a debt that has to be repaid..

But, if nice roads and bridges make it EASIER and BETTER for commerce to do what they do, it's NOT a debt.. It's an INVESTMENT.. In other words it provides an ROI, which in businessmans speak, is your investments PAYS you - not the other way around..

You'd think all those years as a crack CEO, you would have mastered the concept.. No, huh?

Here's another no brainer.. An EDUCATED society PRODUCES more goods and services than an UNEDUCATED society.. So, if you INVEST in education, you get a RETURN on your INVESTMENT - NOT a bill..

Jees. I thought right wingers understood business. No, huh?

Dude!

excon

Side: Soaring debt.
excon(15692) Disputed
1 point

The dim DIms fail to recognize that in the past these policies produced DISASTER, DISASTER, DISASTER.

Hello again, A:

Yes, I have more to say..

You SAY business's would RUN off to different parts of the world if Biden raised their taxes.. But, would an upgraded internet cause them to run away?? Nooo, it wouldn't.. How about an upgraded energy grid? Nahh. Would having an educated workforce cause them to find new digs?? Noooo, it wouldn't.. Would fast train service make people split? Nooo, it woudn't.. Would providing day care for working mothers cause those mothers to leave the country?? Nooo, it wouldn't..

This is what INVESTMENT does.. It pays YOU.. Gving tax breaks to the very wealthy pays THEM...

excon

Side: Soaring debt.

We're seeing it now: runaway inflation; weak leadership; lawlessness on our border; reckless disregard for the laws of our Land; loss of prestige on the world stage; massive gov't expansion; weakened military; incompetent leadership; degradation of our school system....just to name a few.

Side: Soaring debt.
Ahoghill(1034) Clarified
2 points

@ HighFalutin.

Bumbling Biden who needs to be regularly reminded of his name and his whereabouts was/is no more than the TROJAN HORSE of the DImocrats radical leftists.

As soon as the dithering old idiot was voted in on a unite the nation ticket he was side lined and issued with his instructions along with the limitations of the permitted parameters of his public addresses and the answering of media questions.

A O C, Pelosi, Harris and Biden's sinister behind the scenes handlers have us well on the way to becoming a scaled-up version of Venezuela.

MAN, MAN OH MAN.

Side: Reckless borrowing.
excon(15692) Disputed
1 point

We're seeing it now: runaway inflation;

Hello High:

Our inflation rate is 2.26%.. That's not runaway inflation.. It's not even close.. Dude! Who's telling you that? The same people who tell you the election was STOLEN? Bwa, ha ha ha ha ha.

https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/

Since your first sentence is bunk, I'll ignore the rest, thank you very much..

excon

Side: Reckless borrowing.
2 points

No true. The current rate is 5.4%

https://tradingeconomics.com/united-states/inflation-cpi

The rest of what you post is total BS. I'll ignore, thank you very much.

Side: Soaring debt.
1 point

As our National Debt climbs steadily well beyond record levels the rest of the world looks on in horror and disbelief at the reckless stupidity of the Administration of the leading Nation of the free world.

Side: Soaring debt.
1 point

Believe it or believe it not, but there really are those here, yes sirree Bob, right here on this site who really believe that all a country has to do to become an economic success is to borrow $ trillions to upgrade its infrastructure.

So if we follow that madcap logic to its natural conclusion, all that the world's poor nations, such as Eritrea, Libera or Malawi etc., have to do is to enhance the transportation framework of their respective countries and miraculously factories manufacturing world beating products and international financial institutions will follow as an automatic consequence.

MAN, MAN OH MAN.

Side: Soaring debt.
1 point

Yet another romantic, but misguided concept is that if a country hikes-up its corporation taxes but has a stable political base (!!! ) with well educated citizens and a law-abiding population (!!!) the over-taxed corporations will not relocate overseas and their directors will refrain from transfering their dosh to off-shore tax havens.

Anyone who would, or could believe such a naive narrative should go and team up with Don Quixote and spend their time slaying Dragons/Windmills.

Side: Soaring debt.
1 point

The other cockeyed notion is that to avoid paying the higher rates of taxes large multi-national corporations would have to set-up the major part of their operations in another country.

This is complete and utter BULL-SHIT.

All that is necessary is for an international corporation to declare and establish its Head-Office as well as engaging in a fraction of its activities in a low-tax nation and pay the taxes for its entire global operation to the Inland Revenue Authorities of their adopted country.

Such countries include:- THE REPUBLIC OF IRELAND, LUXEMBOURG, HUNGARY, SWITZERLAND AND MANY OTHERS.

Whilst these rogue nations are frowned upon by the likes of the United States, the U.K., and the member states of the European Union they enjoy the revenue, albeit reduced, from the corporation taxes of the tax-dodging multi-nationals.

SO, WHILE THE VAST MAJORITY OF A CORPORATION'S PRODUCTS/SERVICES AND PROFITS MAY BE MADE IN THE UNITED STATES, THE OVERWHELMING BULK OF THEIR TAX SUBMISSIONS GO ELSEWHERE.

WELL BOYS AND GIRLS, DO YOU UNDERSTAND?.

Side: Soaring debt.
1 point

Oh yes, just to clarify that the all the current tax dodging shenanigans of the multi-nationals are perfectly legal.

Tax avoidance, (as opposed to tax evasion) is legal.

Side: Soaring debt.