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White House: Government Debt Doesn’t Weaken America ‘at All’
Breitbart ^ | 01/14/2023 | Ian hatchett

Posted on 01/14/2023 10:48:57 AM PST by ChicagoConservative27

On Friday’s edition of NBC’s “Now Tonight,” White House Council of Economic Advisers member Jared Bernstein argued that America’s government debt doesn’t weaken the country.

Host Jake Ward asked, “For those of us at home, the idea of having debt sounds like a very, very bad thing. … What I want to ask you here is, is [Speaker Rep. Kevin McCarthy (R-CA)] right, does our debt as a nation make us weak?”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; Politics/Elections
KEYWORDS: bernstein; debt; government; jaredbernstein; mmt; modernmonetarytheory; thiefinchief; weaken; whitehouse
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You have no idea how much I hate these people
1 posted on 01/14/2023 10:48:57 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Of course it doesn’t. Brought to you by the same people who say “women have penises.”


2 posted on 01/14/2023 10:50:49 AM PST by ProtectOurFreedom (Once you get people to believe that a plural pronoun is singular, they'll believe anything - nicollo)
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To: ChicagoConservative27

They thought it was dangerous when Trump was in office.


3 posted on 01/14/2023 10:51:04 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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To: ChicagoConservative27

(White House: Government Debt Doesn’t Weaken America ‘at All’)

Excellent.

Send me $500 million dollars then.

Quickly.

kkThanx


4 posted on 01/14/2023 10:51:05 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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Sparky Anderson of the Detroit Tigers:

"Pain Don't Hurt"


5 posted on 01/14/2023 10:51:06 AM PST by kiryandil (put yer vote in the box, chump. HARHARHARHAR)
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To: ChicagoConservative27

The stupidity is stunning.


6 posted on 01/14/2023 10:53:08 AM PST by Baldwin77
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To: ChicagoConservative27

Well, if it is good for the Government, it is probably the same for American consumers. Go out, EVERYONE, and charge up your credit card to the MAXIMUM. It is good. BELIEVE me when I say...this is GOOD.


7 posted on 01/14/2023 10:54:33 AM PST by rovenstinez ( )
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To: ChicagoConservative27

> Jared Bernstein argued that America’s government debt doesn’t weaken the country <

“And fire isn’t hot and water isn’t wet,” Mr. Bernstein added with a silly grin.
Everyone in the room of course applauded.


8 posted on 01/14/2023 10:57:22 AM PST by Leaning Right (The steal is real.)
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To: ChicagoConservative27

9 posted on 01/14/2023 10:57:51 AM PST by 4Liberty (Kamala’s relatives owned slaves.)
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To: ChicagoConservative27

More economic ignorance from the Democrats.


10 posted on 01/14/2023 10:58:13 AM PST by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: ChicagoConservative27

D*mn. I’ve been so misguided my entire adult life. I’ve focused on paying down debt and accumulating a reserve. I’ve been debt free for many years now. Boy have I been stupid.


11 posted on 01/14/2023 10:58:32 AM PST by Blennos
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To: ChicagoConservative27

And some people stupidly wonder why our economy is tanking


12 posted on 01/14/2023 10:58:34 AM PST by NWFree (Somebody has to say it 🤪)
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To: ChicagoConservative27

Who’s this “White House” guy and why is he always talking like he’s the president or something?


13 posted on 01/14/2023 11:00:42 AM PST by FlingWingFlyer (Hey Amerika! The whole world is watching and laughing their asses off. )
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To: ChicagoConservative27

Oh? Then. A default is really nothing, right?


14 posted on 01/14/2023 11:01:23 AM PST by struggle
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To: beethovenfan

Sad thing is, there are too many STUPID people in this country who believe this crap. Common thread, they are low IQ and on government teat.


15 posted on 01/14/2023 11:01:25 AM PST by OHPatriot (Si vis pacem, para bellum)
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To: ChicagoConservative27

A lot of Repukes think the same thing.


16 posted on 01/14/2023 11:01:30 AM PST by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27

Sure. We can continue spending 2 trillion dollars in imaginary money every year forever.


17 posted on 01/14/2023 11:10:52 AM PST by circlecity
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To: Baldwin77

(The stupidity is stunning.)

They know that bald-faced lies work.

It worked for Obama.

It worked for Obama’s fake COLB.

It worked for ‘Russia, Russia, Russia’

It worked for the notAva666ine

It worked for sale AND effective

It worked for ‘two weeks to flatten the curve ‘

It worked for the lie of ‘Inflation Reduction Act’

It worked for every partisan scam they’ve ever done

They not going to stop lying.

/Captain Obvious


18 posted on 01/14/2023 11:15:52 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: ChicagoConservative27
As in The Hitch Hikers Guide to The Galaxy, we could just adopt the leaf as our currency and then control inflation by burning down the forests.

That should work, right Janet, Jerome?

19 posted on 01/14/2023 11:17:42 AM PST by Aevery_Freeman (When did my Color TV become Colored TV? And Gay?)
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To: Baldwin77
The stupidity is stunning.

If Pedo Joe ever took a basic econ course, he probably cheated his way through.

20 posted on 01/14/2023 11:20:26 AM PST by The Sons of Liberty (Ultra MAGA in Biden's Post Constitutional United Socialist States of Amerika!)
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