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Re: Debt Watch has been changed

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 5/19/2020:

 

54,678
Estimated U.S. COVID-19 Deaths Due To POTUS Inaction

In January 2020, the Trump administration was advised that immediate action was required to stop the spread of COVID-19. According to NIAID Director Dr. Anthony Fauci, “there was a lot of pushback” to this advice. President Trump declined to act until March 16th. Epidemiologists now estimate that, had mitigation measures been implemented one week earlier, 60% of American COVID-19 deaths would have been avoided.

 

One has to wonder if we will see a spike in unrelated deaths as ignoble donald followers start taking Hydroxychloroquine, so they can prove how faithful they are to their 'leader".   

PRO-LIFE is Affordable Healthcare for ALL .
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Re: Debt Watch has been changed

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5/15/2020:  Today's update on the number of deaths attributed to donald's waiting until March to take any action:  52,370

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Re: Debt Watch has been changed

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afisher wrote:

Update for 5/14:   Deaths attributed to Donald and his inaction:  50,656.   

PRO-LIFE is Affordable Healthcare for ALL .
 
And just as the medical community identifies a major complication for children infected with Covid19, Toad tells his worshipers to open the schools this fall and everything else NOW.
 
While before we really looked into the disease, mostly because there was no equipment for testing outside the NBA and White House, it looked like kids only got something like a mild flu. NOW we know THEY CAN DIE JUST LIKE MOM AND DAD, but with slightly different complications.
 
Now Toad Worshipers in Red States are rushing to throw their children and grandchildren into the sacrificial pit of Covid19 to placate their Holy Toad.
 
These people cannot be allowed to run our country - VOTE THEM GONE BEFORE THEY LEGISLATE THE REST OF US TO DEATH FOR PROFITS.
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Re: Debt Watch has been changed

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Update for 5/14:   Deaths attributed to Donald and his inaction:  50,656.   

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Re: Debt Watch has been changed

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Been really busy, making sure people can vote by mail in Texas

 

Here is the update for 5/11:  48, 457

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Re: Debt Watch has been changed

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   Death Watch update:  46,968

 

    As a reminder;  

Estimated Portion U.S. COVID-19 Deaths Due To POTUS Inaction

In January 2020, the Trump administration was advised that immediate action was required to stop the spread of COVID-19. According to NIAID Director Dr. Anthony Fauci, “there was a lot of pushback” to this advice. President Trump declined to act until March 16th. Epidemiologists now estimate that, had mitigation measures been implemented one week earlier, 60% of American COVID-19 deaths would have been avoided.

 

     Hilariously, the RW media and WH  is pushing bs.    They seem to believe that the coroner's office issues a death certificate when an individual dies  - that is the level of incompetence that they are peddling.

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Re: Debt Watch has been changed

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The problem is generations of Republicans slashing education budgets has left us with a population that has no clue how Government finance works.

 

Thanks to constant GOP attacks on teachers,  everyone who can avoid the profession does, and our kids test scores have been headed downhill since the 1960's. Likewise the physical plant of our schools has been in decline do to Republican refusal to support school bond issues. As a result, a HUGE number of people think the NATIONAL debt is like their family problems with credit cards, and is therefore BAD. They also are not aware of the staggering difference between STATE and National budget constraints, so the Toad can blithely tell his base NATIONAL problems can and should be handled by the States and Moscow Mitch can suggest States go bankrupt, indicating this will only effect Democratic States to gain support for the lofo GOPerBase.

 

So, in a nutshell, here's reality for the edification of FoxBots:

The National Debt is WONDERFUL - At the end of each year, the difference between what we export and what we import is added up, and we have to buy or sell Government Bonds to cover the difference. That difference is added or subtracted from the National Debt.

 

What is happening is this: Other countries send us cars, TVs, computers, et al, and they do the same in buying OUR stuff, rice, corn, wheat, beef, and some other stuff. During the year, we've sent them boatloads of pictures of our dead presidents to pay for their stuff, and they do the same for our stuff.

 

At the end of the year, the difference has to be made up by our buying (or selling) Government Bonds on the open market and the cumulative amount of bonds outstanding is the National Debt.

 

Most of those bonds are bought by Americans, but a lot is bought by foreign Governments and investors. Those foreign buyers use the excess pictures of dead Presidents they accumulated during the year by selling us their stuff - there's really not much else they can do, except just keep the dead presidents and use them to "underwrite" their currency - like we did using Gold until the 1930's. thin is there's not enough Gold, but no matter, there's PLENTY of pictures of dead AMERICAN Presidents.  Those Bonds are our promise to give the buyer more pictures of our dead Presidents at some date in the future.

 

SO LONG AS THEY KEEP BUYING OUR BONDS, WE get all their stuff, and THEY get  pictures of our dead Presidents at some future date. Before tRump, our status as a safe place for other countries  to put their money was so solid we could borrow from the World at interest rates LOWER than inflation, in effect getting a sizable "discount" on all the stuff we import. Not certain if that trust in America will survive the ToadPOTUS.

 

States cannot "deficit finance", so when faced with a disaster like tRumpvid20, they must cut services to move money to handle the disaster. Republicans love this because what gets cut is education and other PUBLIC services. If the Federal Government funds the fighting of the disaster, then they sell more Bonds which they'll "redeem" by selling more bonds in the future or printing more pictures of dead presidents. It is ILLEGAL for States to declare bankruptcy. They MUST "balance their budgets" EVERY YEAR.

 

 

 

 

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Re: Debt Watch has been changed

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5/7 @ 0714 reading:   44, 777     ( no, I am not kidding)

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Re: Debt Watch has been change

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Message 9 of 12

Debt Watch has been change

 

One about every 80 seconds by my count.

 

Trump, his family, his allies, and other members of the Trump Party are going around the country twisting arms to force governors to reopen before it's safe to do so.

 

Lets see if the death clock metric changes.

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Re: Debt Watch has been change

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There was, maybe still is, a digital debt counter in Times Square.  They divided the debt by the number of families and you could see the number constantly rising. People would just stand there, look at it, and become unhappy.

 

 

http://content.time.com/time/business/article/0,8599,1850269,00.html

 

The Times Square Debt Clock

 

 

 

 

 

 

 

 

 

 

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