Mitch McConnell and McCarthy own the deficit

[EMH]

Perfect World -

What would you like him to do?

Resign and let someone else be speaker, since he is completely unwilling to cut any spending, is absolutely hopelessly addicted to caving in on each and every BS "emergency spending" and his interest in Biden corruption is Johnny come lately for a reason - he and Traitor Joe are on the same team. More GOP Senators are for Traitor Joe than against, and about a third of the House GOP is too.

 

[EMH]

The massive debt is the fault of both political parties.

The Dems have not changed. The GOP has. The GOP was fiscally conservative until 1998. Then it went Zionist Fascist, and is mostly that way now.

 

[JusticeHammer]

Lets not forget GW Bush and the GOP congress inherited a balanced budget and projected surplus, they then went on the pass $trillions in do nothing spending bills and started failed and mis-managed wars.

Worse still is the US had only a $587B deficit in 2016 at the end of Obama's presidency, Trump blew that up and doubled it pre covid.

The GOP own this debt and the massive $3T 2020 Trump deficit because their policies caused it

Pure bullshit. At the end of Obama the deficit was 19 trillion dollars, almost doubled what GWBs was. You're nothing but a liar.

 

[Richard-H]

Keynesian Economics.

Good God

I laugh.

Why do you laugh at what you do not understand?

I'll bet you believe in the supply-side myth.

 

[Billiejeens]

Why do you laugh at what you do not understand?

I'll bet you believe in the supply-side myth.

Supply side is simply a term for the economy functioing as it is designed to fuction.

 

[Richard-H]

Supply side is simply a term for the economy functioing as it is designed to fuction.

Who "designed" it?

 

[Billiejeens]

Resign and let someone else be speaker, since he is completely unwilling to cut any spending, is absolutely hopelessly addicted to caving in on each and every BS "emergency spending" and his interest in Biden corruption is Johnny come lately for a reason - he and Traitor Joe are on the same team. More GOP Senators are for Traitor Joe than against, and about a third of the House GOP is too.

So, resigning does what other than having someone else who will have the same problem?

 

[Billiejeens]

Who "designed" it?

Nature.

 

[Richard-H]

Nature.

Nonsense.

Supply-Side economics is a government taxation policy that instead of taxing the wealthy at a reasonable rate, it allows them to keep the money in the hope that they will invest it in a way that creates jobs, and that they will give employees raises.

It was a total failure. Increased profitability caused investors to move away from risker investments and towards secure investment - which don't create jobs. They froze salaries.

The people that did benefit were the Chinese. American investment in China caused an economic revolution in China - In 25 years the Chinese economy grew by an amount that should have taken 200 years. The American workers got screwed.

Now China is not only a major economic power, but a major military power as well. Supply-Side economics was the stupidest policy that's ever been implemented.

Keynesian economics would work well except every time there's a tax surplus, the idiot Republicans use it as an excuse to reduce taxes for the wealthy instead of following the Keynesian policy which calls for paying down the debt.

 

[EMH]

So, resigning does what other than having someone else who will have the same problem?

If we can't do any worse, why not try...???

 

[EMH]

I'll bet you believe in the supply-side myth.

The "myth" was proven true in the 1990s. Gingrich cut taxes and spending, and the economy boomed, the deficit went way down, interest rates fell, and there was low end wage inflation.

Cutting government spending is what makes America prosper.

Increasing government spending is what is wrecking America and has since W...

 

[Billiejeens]

If we can't do any worse, why not try...???

We could do a lot worse.

 

[bigrebnc1775]

They are all Karens. Not much more to say about that.

Ok Karen

 

[Aldo Raine]

I'm glad you brought that up, because that was 2001 and in the mid 1990s Gingrich was actually cutting spending.

What happened?

Faux News
Sub replaced libertarian in GOP
GOP packed with ZPF "Faux News approved" Zionist Fascist Left Wingers like McConnell, Hastert, Boehner, Murkowski...


The GOP is what changed. The pre 1998 GOP was a fiscally conservative party patriotic to America. The post 1998 GOP has been a left wing big government big spending supporter of Zionist Fascist Treason against America, and still is.

ROTFLMFAO, the GQP stopped being fiscally conservative by at least Raygun probably even before but he really threw that whole thing out the window.

 

[bigrebnc1775]

ROTFLMFAO, the GQP stopped being fiscally conservative by at least Raygun probably even before but he really threw that whole thing out the window.

And the democrat party stop being pro America since the 90s

 

[Billiejeens]

ROTFLMFAO, the GQP stopped being fiscally conservative by at least Raygun probably even before but he really threw that whole thing out the window.

Anyone who intentionally types GQP as a slut -
instantly outs themselves as moronic.

 

[Ordinary Guy]

Obamacare ended up costing about a third of what they said it would and saving at least twice what was promised. Certainly the biggest budgetary success story by far in recent memory.

thats a fucking lie, it cost more every year it in place with most expensive years yet to come

 

[Billiejeens]

thats a fucking lie, it cost more every year it in place with most expensive years yet to come

Some of these folks live in an alternate universe.

 

[Richard-H]

The "myth" was proven true in the 1990s. Gingrich cut taxes and spending, and the economy boomed, the deficit went way down, interest rates fell, and there was low end wage inflation.

Cutting government spending is what makes America prosper.

Increasing government spending is what is wrecking America and has since W...

The economic boom of the 1990s was due to the beginnings of the age of information technology, which Al Gore lead.

There was no need for massive government spending with a booming economy

What wrecked America was when GW Bush wasted the federal surplus on tax cuts for the wealthy instead of paying down the deficit.

Cutting Federal Spending during an economic down turn causes a humanitarian disaster!

 

[Greenbeard]

thats a fucking lie, it cost more every year it in place with most expensive years yet to come

It ended up costing hundreds of billions of dollars less than it was supposed to. Meanwhile the savings came in well above anything anyone predicted.

It’s been almost a decade and a half and relative health care costs haven’t grown. Real per beneficiary Medicare spending is still at 2010 levels (after 45 years of steady growth up until 2010). This is unprecedented stuff.