Is Rubio (R-teaparty) wrong?

[Dot Com]

This endorsement is indicative of the kind of person he is. Either he sold out or he just hitched a ride to get in. Either way he has no integrity and I think that will follow him into his next election.

This will haunt him if the teaparty hasn't allowed itself to be completely co-opted by his next election.

We pay service on the debt first before anything, it's not the immediate crisis many make it out to be, it's why all of them have the luxury to stand on principle and keep their favorite programs off the chopping block or protect their special interests from tax hikes.

in the last 5 minutes our national debt increased 4.3 million dollars.

so, since you made your post at 3:34pm today, our national debt probably increased around 77 million dollars.



no country can sustain that kind of debt growth. and if some of us live long enough, we'll get to see the repercussions of being that fiscally irresponsible.

You're right. We can't sustain it. Which is why tax rates need to be raised back to historic norms.

Back to the rates under President Clinton.

 

[DontBeStupid]

This endorsement is indicative of the kind of person he is. Either he sold out or he just hitched a ride to get in. Either way he has no integrity and I think that will follow him into his next election.

This will haunt him if the teaparty hasn't allowed itself to be completely co-opted by his next election.

in the last 5 minutes our national debt increased 4.3 million dollars.

so, since you made your post at 3:34pm today, our national debt probably increased around 77 million dollars.



no country can sustain that kind of debt growth. and if some of us live long enough, we'll get to see the repercussions of being that fiscally irresponsible.

You're right. We can't sustain it. Which is why tax rates need to be raised back to historic norms.

Back to the rates under President Clinton.

That would be a nice start, yes.

 

[TakeAStepBack]

Sooo, those "historic norms" of taxation kept the budget balanced and we did not accrue any debt or deficit spend?

No, no that isn't it. Because the govt. will spend every penny of revenue and then turn around and borrow to spend some more. It's a real nice feel good thought, but it isn't going to work at this point. The govt. can kill the golden goose and tax the population at 90% killing jobs, capital venture and causing capital flight and they STILL will over spend on programs.

The answer is acute government cuts. Gut the fuckers out to the function of upholding the constitution and nothing more and get out of the way of the citizens. That isn't going to happen so we'll have to watch them destroy the dollar and save the country through despotic protectionism. YOu'll feel right at home Im sure.

 

[DontBeStupid]

Sooo, those "historic norms" of taxation kept the budget balanced and we did not accrue any debt or deficit spend?

Yeah. That never happened. And it certainly didn't happen within the last 15 years.

Historical Federal Receipt and Outlay Summary

 

[Uncensored2008]

He is free to endorse whomever he chooses. Why would anyone have a problem with that?

Because Scheiß Mause is desperate to create division and dissension - of course....

A unified GOP spells the end of Dear Leader.

 

[TakeAStepBack]

Borrowing money to balance a budget and create a psuedo-surplus is not a surplus. You can't add 200+ billion to the debt without deficits.

So, yeah, that never happened.

 

[TakeAStepBack]

Government - Historical Debt Outstanding – Annual

09/30/2010 13,561,623,030,891.79
09/30/2009 11,909,829,003,511.75
09/30/2008 10,024,724,896,912.49
09/30/2007 9,007,653,372,262.48
09/30/2006 8,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03
09/28/1990 3,233,313,451,777.25
09/29/1989 2,857,430,960,187.32
09/30/1988 2,602,337,712,041.16
09/30/1987 2,350,276,890,953.00
09/30/1986 2,125,302,616,658.42
09/30/1985 * 1,823,103,000,000.00
09/30/1984 * 1,572,266,000,000.00
09/30/1983 * 1,377,210,000,000.00
09/30/1982 * 1,142,034,000,000.00
09/30/1981 * 997,855,000,000.00
09/30/1980 * 907,701,000,000.00
09/30/1979 * 826,519,000,000.00
09/30/1978 * 771,544,000,000.00
09/30/1977 * 698,840,000,000.00
06/30/1976 * 620,433,000,000.00
06/30/1975 * 533,189,000,000.00
06/30/1974 475,059,815,731.55
06/30/1973 458,141,605,312.09
06/30/1972 427,260,460,940.50
06/30/1971 398,129,744,455.54
06/30/1970 370,918,706,949.93
06/30/1969 353,720,253,841.41
06/30/1968 347,578,406,425.88
06/30/1967 326,220,937,794.54
06/30/1966 319,907,087,795.48
06/30/1965 317,273,898,983.64
06/30/1964 311,712,899,257.30
06/30/1963 305,859,632,996.41
06/30/1962 298,200,822,720.87
06/30/1961 288,970,938,610.05
06/30/1960 286,330,760,848.37
06/30/1959 284,705,907,078.22
06/30/1958 276,343,217,745.81
06/30/1957 270,527,171,896.43
06/30/1956 272,750,813,649.32
06/30/1955 274,374,222,802.62
06/30/1954 271,259,599,108.46
06/30/1953 266,071,061,638.57
06/30/1952 259,105,178,785.43
06/29/1951 255,221,976,814.93

 

[TheGreatGatsby]

Rubio is a politician. He is not on board with tea party principles. To try and label him a tea partier is disingenuous.

Marco Rubio stiffs Senate Tea Party Caucus, but be careful what you wish for | Crooks and Liars

 

[C_Clayton_Jones]

Rubio is a partisan hack just like the rest.

He knows it makes no difference what republican is in the WH, the usual conservative suspects and GOP criminal element will still be able to pursue the TPM agenda.

 

[DontBeStupid]

Borrowing money to balance a budget and create a psuedo-surplus is not a surplus. You can't add 200+ billion to the debt without deficits.

So, yeah, that never happened.

Common misunderstanding.

When you loan money to yourself it counts as both an asset and liability, effectively a wash.

 

[Peach]

The point of the tea party was always to defeat the commie Obama agenda, all that other stuff was just BS.

Yes, as is the Republican goal. Rubio may endorse whatever candidate he chooses to.

 

[Uncensored2008]

That would be a nice start, yes.

Why not push for a 99% tax rate?

If higher taxes are the path to prosperity, why not go all the way? Obama should give a speech advocating a 99% tax rate. The American people will support him, trust me!

His reelection slogan should be; "We can tax our way to prosperity."

 

[Papageorgio]

Where did this "Big Mo" name originate?

I'm not sure but wouldn't this make Obama the Big O or Big
Oh, Oh?

 

[Uncensored2008]

Common misunderstanding.

When you loan money to yourself it counts as both an asset and liability, effectively a wash.

Oh?

So there is no debt at all?

Obamanomics in action....

"Yes we can lie our way out of this..."

 

[DontBeStupid]

That would be a nice start, yes.

Why not push for a 99% tax rate?

If higher taxes are the path to prosperity, why not go all the way? Obama should give a speech advocating a 99% tax rate. The American people will support him, trust me!

His reelection slogan should be; "We can tax our way to prosperity."

99% is ridiculous and everyone knows that.

Laffer curve - Wikipedia, the free encyclopedia

 

[DontBeStupid]

Common misunderstanding.

When you loan money to yourself it counts as both an asset and liability, effectively a wash.

Oh?

So there is no debt at all?

Obamanomics in action....

"Yes we can lie our way out of this..."

Did I say that? No. I didn't.

At the end of Clinton's time we had a budget surplus. The fact that debt went up due to a requirement by law that SS loan its surplus to the Federal Government does not change that fact.

 

[kiwiman127]

Oh, I thought this thread was about Ricky Rubio!!!

Man, that kid can ball!!!!

Can Marco do a crossover dribble and complete it with a no-look pass?

 

[TakeAStepBack]

Please, don't be so fucking stupid. It's embarrassing.

 

[DontBeStupid]

Please, don't be so fucking stupid. It's embarrassing.

Relax and have a sense of humour. His post was funny.

 

[Uncensored2008]

99% is ridiculous and everyone knows that.

Laffer curve - Wikipedia, the free encyclopedia

You're using Arthur Laffer to support confiscatory taxation?

Isn't that a bit like quoting Jean Baptiste Say to promote Keynesian theories?

ROFL.