30 Yr Treasury Yields at 19 Yr High

[red viking]

Why are buyers demanding such a high rate lately? 

Surely, the US should have no problem paying its obligations without printing their way out of it. What's the concern? After all, our pedo prez has done a great job of balancing the budget. 

[Offthemat]

How long has it been since the last time the communists shut down the gov’t to try and add more spending to the budget?  Longer than your memory?

[braves121]

4 minutes ago, Offthemat said:

How long has it been since the last time the communists shut down the gov’t to try and add more spending to the budget?  Longer than your memory?

Republican's control both chambers. They have equal fault for not being able to negotiate and govern when they have a supermajority over the 3 branches. 

We are also still at the largest deficit in US History while the  GOP just cuts spending from social programs and reallocates to it things they like like a trillion dollar defense budget. 

No one is serious about spending and budget in government on both aisles

Edited August 17 by braves121

[Offthemat]

3 minutes ago, braves121 said:

supermajority

Silly twerp, go play in the street. 

[braves121]

6 minutes ago, Offthemat said:

Silly twerp, go play in the street. 

sorry *trifecta.

still, gop controls all branches and are so bad at governing they can't push through their own bills with majority's in both chambers while claiming the country gave them an overwhelming mandate

Edited August 17 by braves121

[Offthemat]

That i agree with. 

[Offthemat]

Yeah, I asked a question:

 

Search Assist

Democrats have historically been less inclined to vote for spending cuts, but they did support some reductions during the 2011 Budget Control Act negotiations. The last significant instance of Democrats voting for spending cuts was in 2011, when they agreed to a deal that included budget reductions in exchange for raising the debt ceiling.

 NBC News

 

[El Luchador]

6 hours ago, red viking said:

Why are buyers demanding such a high rate lately? 

Surely, the US should have no problem paying its obligations without printing their way out of it. What's the concern? After all, our pedo prez has done a great job of balancing the budget. 

now you care about spending? 

[red viking]

9 hours ago, El Luchador said:

now you care about spending? 

Care more about balancing budget, at least somewhat. Like not cutting taxes when you aren't cutting spending, like the scum wingers do. 

[Caveira]

1 hour ago, red viking said:

Care more about balancing budget, at least somewhat. Like not cutting taxes when you aren't cutting spending, like the scum wingers do. 

Taxes are to high 

[red viking]

25 minutes ago, Caveira said:

Taxes are to high 

Irresponsible to cut them without cutting spending idiot. Its like deciding your credit card bills are too high so you don't pay them but keep using the credit card. Idiot wingers. 

Thats why Treasury yields are shooting up. 

[red viking]

Looks like its right about a 24 yr high now

[Caveira]

8 minutes ago, red viking said:

Irresponsible to cut them without cutting spending idiot. Its like deciding your credit card bills are too high so you don't pay them but keep using the credit card. Idiot wingers. 

Thats why Treasury yields are shooting up. 

What happened to that 86 an hour week job you had?

[red viking]

1 minute ago, Caveira said:

What happened to that 86 an hour week job you had?

Never said I worked anything close to that you lying sack of excrement

[JimmySpeaks]

21 minutes ago, red viking said:

Irresponsible to cut them without cutting spending idiot. Its like deciding your credit card bills are too high so you don't pay them but keep using the credit card. Idiot wingers. 

Thats why Treasury yields are shooting up. 

I don’t have a credit card.  Don’t need one.  

[JimmySpeaks]

12 minutes ago, red viking said:

Never said I worked anything close to that you lying sack of excrement

Ya ya did 

[red viking]

34 minutes ago, JimmySpeaks said:

I don’t have a credit card.  Don’t need one.  

You're an idiot then. I get the cash rewards and pay it off every month. Never paid one cent in interest my entire life. 

 

[red viking]

34 minutes ago, JimmySpeaks said:

Ya ya did 

Show me you lying piece of toilet trash. 

[JimmySpeaks]

8 minutes ago, red viking said:

You're an idiot then. I get the cash rewards and pay it off every month. Never paid one cent in interest my entire life. 

 

I pay cash 

[JimmySpeaks]

8 minutes ago, red viking said:

Show me you lying piece of toilet trash. 

Makes me smile.  

[red viking]

10 minutes ago, JimmySpeaks said:

I pay cash 

Dumb. 

[JimmySpeaks]

3 minutes ago, red viking said:

Dumb. 

Nah my wife has a business. We get are points thru there skippy.  Just bought a new pick up truck.  Paid cash. It was fun.  

[El Luchador]

3 hours ago, red viking said:

Care more about balancing budget, at least somewhat. Like not cutting taxes when you aren't cutting spending, like the scum wingers do. 

You can increase revenue by cutting taxes when they are to high. But then that would just allow for the people you hate to have more success. Libs like taxes as a punitive measure.

[red viking]

Just now, El Luchador said:

You can increase revenue by cutting taxes when they are to high. But then that would just allow for the people you hate to have more success. Libs like taxes as a punitive measure.

110% wrong. That only works when taxes were already very high. At modern tax rates, cutting taxes always lowers revenue. Per the Laffer curve and data from recent tax cuts. 

[El Luchador]

1 minute ago, red viking said:

110% wrong. That only works when taxes were already very high. At modern tax rates, cutting taxes always lowers revenue. Per the Laffer curve and data from recent tax cuts. 

Well since you gave no specific information and specific tax but some how still agreed with me. I'll take that as a win. There certainly are taxes that when reduced increase revenue. Capital gains is a perfect example. When companies leave America we lose lots of revenue.