Myth of Republican fiscal responsibility

[Flaylo]

PERRspectives: AP Perpetuates Myth of GOP Fiscal Discipline

Fsical responsibility my ass, Reagan produced one of the biggest debts in the nation's history because he was a fiscally irresponsible dumbass who had to raise taxes in order to avert disaster, now why is that Republicans like to remind people that they were the party that help abolish slavery and forget the fiscal irresponsibility of Regan and Bush the Elder that produced the biggest deficits of all times?

 

[rightwinger]

Are you implying that starting two wars and cutting taxes to pay for them is not fiscally responsible?
That starting Medicare part D with no means of funding it was not fiscally responsible?

 

[Oddball]

Yup...Copying LBJ certainly was fiscally irresponsible.

 

[Flaylo]

are you implying that starting two wars and cutting taxes to pay for them is not fiscally responsible?
That starting medicare part d with no means of funding it was not fiscally responsible?

lmao!

 

[Mad Scientist]

There's certainly no myth about Democrat fiscal responsibility is there?

 

[Oddball]

None.

But at least they're above-board with their fiscal irresponsibility.

 

[rightwinger]

There's certainly no myth about Democrat fiscal responsibility is there?

Bill Clinton did very well keeping a budget and that ain't no myth

 

[Oddball]

Bubba had nothing to do with the mythical "balanced budget".

The budget was on autopilot to come into balance by 2002, given a paltry 3% growth rate, since the late '80s, as pointed out by Perot uncounted times in '92.

As per usual, the politicians stand around and wait for something good to happen, then take credit for it, or for something bad to happen and shift the blame.

Nothing new there either.

 

[rightwinger]

Bubba had nothing to do with the mythical "balanced budget".

The budget was on autopilot to come into balance by 2002, given a paltry 3% growth rate, since the late '80s, as pointed out by Perot uncounted times in '92.

As per usual, the politicians stand around and wait for something good to happen, then take credit for it, or for something bad to happen and shift the blame.

Nothing new there either.

Only fiscally responsible President in the last 35 years

yea...yea Dude

It did it by itself

 

[Truthmatters]

Democrats have spent less then Rs for decades.

The Rs just lie about shit repetedly until their minons believe lies.

 

[Bfgrn]

Yup...Copying LBJ certainly was fiscally irresponsible.

Yea, we wouldn't want THOSE problems...JFK and LBJ faced frighteningly large surpluses.

 

[Flaylo]

Democrats have spent less then Rs for decades.

The Rs just lie about shit repetedly until their minons believe lies.

Republicans have never shown any proof that Dems spend more than them, its just another one of their ideological bullshit, political dogmas.

 

[Oddball]

Yup...Copying LBJ certainly was fiscally irresponsible.

Yea, we wouldn't want THOSE problems...JFK and LBJ faced frighteningly large surpluses.

...which were pissed away on the "Great Society" do-gooder socialistic welfare state and the 'Nam war, to give us 12% inflation and 20% interest rates by the time Ford & Carter ended up with that fiscal time bomb.

 

[Oddball]

Bubba had nothing to do with the mythical "balanced budget".

The budget was on autopilot to come into balance by 2002, given a paltry 3% growth rate, since the late '80s, as pointed out by Perot uncounted times in '92.

As per usual, the politicians stand around and wait for something good to happen, then take credit for it, or for something bad to happen and shift the blame.

Nothing new there either.

Only fiscally responsible President in the last 35 years

yea...yea Dude

It did it by itself

That's right...It did.

Perot based his 1992 projections on CBO numbers, to boot.

 

[rightwinger]

Bubba had nothing to do with the mythical "balanced budget".

The budget was on autopilot to come into balance by 2002, given a paltry 3% growth rate, since the late '80s, as pointed out by Perot uncounted times in '92.

As per usual, the politicians stand around and wait for something good to happen, then take credit for it, or for something bad to happen and shift the blame.

Nothing new there either.

Only fiscally responsible President in the last 35 years

yea...yea Dude

It did it by itself

That's right...It did.

Perot based his 1992 projections on CBO numbers, to boot.

Come on Dude........

Share some of that GOP fiscal responsibility with us. You can start with all that "trickle down" stuff

 

[Flaylo]

Bubba had nothing to do with the mythical "balanced budget".

The budget was on autopilot to come into balance by 2002, given a paltry 3% growth rate, since the late '80s, as pointed out by Perot uncounted times in '92.

As per usual, the politicians stand around and wait for something good to happen, then take credit for it, or for something bad to happen and shift the blame.

Nothing new there either.

Only fiscally responsible President in the last 35 years

yea...yea Dude

It did it by itself

I like when Repugs are in denial, wonder if the Repugs will deny the damage done by Ronald Reagan, his budget cuts and elimination of social programs added up to one big deficit which forced him to raise taxes, that makes no fucking sense whatsoever, must have been some unamed Democrat that did it, right...!
That's right...Everything that happened under Reagan did it by itself based on projections and not Reaganomics. You're a piece of shit if you deny it.

 

[Bfgrn]

Yup...Copying LBJ certainly was fiscally irresponsible.

Yea, we wouldn't want THOSE problems...JFK and LBJ faced frighteningly large surpluses.

...which were pissed away on the "Great Society" do-gooder socialistic welfare state and the 'Nam war, to give us 12% inflation and 20% interest rates by the time Ford & Carter ended up with that fiscal time bomb.

Oh, so YOUR version of Booooooooooooooooooosh is VALID...

Thanks, I WILL remember that, DUD....e

The president (Bush) had promised to cut taxes, and he did. Within six months of taking office, he pushed a trillion dollars worth of tax cuts through Congress. But O'Neill (Treasury Secretary) thought it should have been the end. After 9/11 and the war in Afghanistan, the budget deficit was growing. So at a meeting with the vice president after the mid-term elections in 2002, Suskind writes that O'Neill argued against a second round of tax cuts.

“Cheney, at this moment, shows his hand,” says Suskind. “He says, ‘You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.’
Bush Sought ‘Way’ To Invade Iraq - 60 Minutes - CBS News

 

[Flaylo]

Yea, we wouldn't want THOSE problems...JFK and LBJ faced frighteningly large surpluses.

...which were pissed away on the "Great Society" do-gooder socialistic welfare state and the 'Nam war, to give us 12% inflation and 20% interest rates by the time Ford & Carter ended up with that fiscal time bomb.

Oh, so YOUR version of Booooooooooooooooooosh is VALID...

Thanks, I WILL remember that, DUD....e

The president (Bush) had promised to cut taxes, and he did. Within six months of taking office, he pushed a trillion dollars worth of tax cuts through Congress. But O'Neill (Treasury Secretary) thought it should have been the end. After 9/11 and the war in Afghanistan, the budget deficit was growing. So at a meeting with the vice president after the mid-term elections in 2002, Suskind writes that O'Neill argued against a second round of tax cuts.

“Cheney, at this moment, shows his hand,” says Suskind. “He says, ‘You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.’
Bush Sought ‘Way’ To Invade Iraq - 60 Minutes - CBS News

Dud is going to say this is ad hominem, its not the sort of shit that he can handle. Pass the buck or say ad hominem.

 

[Oddball]

Yea, we wouldn't want THOSE problems...JFK and LBJ faced frighteningly large surpluses.

...which were pissed away on the "Great Society" do-gooder socialistic welfare state and the 'Nam war, to give us 12% inflation and 20% interest rates by the time Ford & Carter ended up with that fiscal time bomb.

Oh, so YOUR version of Booooooooooooooooooosh is VALID...

Thanks, I WILL remember that, DUD....e

The president (Bush) had promised to cut taxes, and he did. Within six months of taking office, he pushed a trillion dollars worth of tax cuts through Congress. But O'Neill (Treasury Secretary) thought it should have been the end. After 9/11 and the war in Afghanistan, the budget deficit was growing. So at a meeting with the vice president after the mid-term elections in 2002, Suskind writes that O'Neill argued against a second round of tax cuts.

“Cheney, at this moment, shows his hand,” says Suskind. “He says, ‘You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.’
Bush Sought ‘Way’ To Invade Iraq - 60 Minutes - CBS News

Shrubbie's pathetically timid tax cuts were spread over a 10 year period, and ended up amounting to >1% of total GDP over the phase-in period. What's more, the fool wars were financed by borrowing cash reserves from the Chinese, not by issuing more debt that didn't already exist -- which was the LBJ & Nixon model. Therefore, the "tax-cuts-to-finance-the-war" crapola is a biolerplate lefty wackaloon yapping point, with no basis in actual reality.

None of which has anything to do with the fact that neither Bubba Clintoon nor the republican congress really had much at all do do with the mythical "balanced budget" nor the unicorn "surplus".

Next flimsy deflection, anyone?

 

[Oddball]

I like when Repugs are in denial, wonder if the Repugs will deny the damage done by Ronald Reagan, his budget cuts and elimination of social programs added up to one big deficit which forced him to raise taxes, that makes no fucking sense whatsoever, must have been some unamed Democrat that did it, right...!
That's right...Everything that happened under Reagan did it by itself based on projections and not Reaganomics. You're a piece of shit if you deny it.

I'm not a "repug" and nobody said anything about Reagan, deflectasaurus rex.

But since you brought him up, Reagan did nothing more than substitute the 12% inflation and 20% interest rates with the big deficits, which merely kicked the can on down the road, by issuing 30-year T-bills for ready cash rather than just printing up the money.

So, does this mean that you're nostalgic for the halcyon days of double-digit inflation and interest rates?