Myth of Republican fiscal responsibility

[Gunny]

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?

*yawn*

Reagan learned how to spend when he was a Democrap. Not to mention he's been dead for a decade and hasn't been President in 22.

NOBODY has outdone Obama. Get over it.

 

[rightwinger]

...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?

Nice try at deflection, Dude

Bush's "timid" tax cuts would have financed the war. Instead he hid the cost of the war from the budget. Remember how he was going to have the war pay for itself through Iraqi oil?

Yea....real fiscal responsibility

 

[Mad Scientist]

Democrats have spent less then Rs for decades. The Rs just lie about shit repeatedly until their minons believe lies.

Democrats have spent more then Rs for the last two years. The D's just lie about shit repeatedly until their minions, like TM, believe the lies.

Obama's 2010 budget: deficit soars amid job spending | Reuters

The budget forecast a $1.56 trillion deficit in 2010, or 10.6 percent of gross domestic product (GDP), up from a 9.9 percent share of GDP in 2009.

Facts are stubborn things.

Obama's only hope is that the Republicans take over the House and Senate and re-institute fiscal responsibility.

If you think they can't, and we already know that the Democrats can't, then our nation is screwed.

 

[uscitizen]

Our debt was under 1 trillion when Reagan took office.

 

[uscitizen]

Democrats have spent less then Rs for decades. The Rs just lie about shit repeatedly until their minons believe lies.

Democrats have spent more then Rs for the last two years. The D's just lie about shit repeatedly until their minions, like TM, believe the lies.

Obama's 2010 budget: deficit soars amid job spending | Reuters

The budget forecast a $1.56 trillion deficit in 2010, or 10.6 percent of gross domestic product (GDP), up from a 9.9 percent share of GDP in 2009.

Facts are stubborn things.

Obama's only hope is that the Republicans take over the House and Senate and re-institute fiscal responsibility.

If you think they can't, and we already know that the Democrats can't, then our nation is screwed.

LOL Thanks for the laugh.

Blind faith is a political party is stupit.

 

[Oddball]

Nice try at deflection, Dude

Bush's "timid" tax cuts would have financed the war. Instead he hid the cost of the war from the budget

Pure nonsense.

Shrubbie's first round tax cuts were passed prior to 9/11™ and waaaaay in advance of the Afghanistan and Iraq debacles.

The buffoonish claim that they were touted as a way to pay for the wars is...well...buffoonish.

 

[Oddball]

Our debt was under 1 trillion when Reagan took office.

And interest rates were 20% and inflation was at 12%.

As has already been pointed out, one was exchanged for the other.

That's not saying I approve of one over the other...Them's just the facts.

 

[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?

*yawn*

Reagan learned how to spend when he was a Democrap. Not to mention he's been dead for a decade and hasn't been President in 22.

NOBODY has outdone Obama. Get over it.

You were in the military when Reagan was in office so of course you kiss his ass you asslicker, no one in the military during the era of Reaganomics complained about Ronald Reagan. Reagan was a typical Repug would couldn't balance and budget shit and Bush Elder kept it up which is why Clinton came into office. You can now wipe your ass Gunny.

 

[Flaylo]

Democrats have spent less then Rs for decades. The Rs just lie about shit repeatedly until their minons believe lies.

Democrats have spent more then Rs for the last two years. The D's just lie about shit repeatedly until their minions, like TM, believe the lies.

Obama's 2010 budget: deficit soars amid job spending | Reuters

The budget forecast a $1.56 trillion deficit in 2010, or 10.6 percent of gross domestic product (GDP), up from a 9.9 percent share of GDP in 2009.

Facts are stubborn things.

Obama's only hope is that the Republicans take over the House and Senate and re-institute fiscal responsibility.

If you think they can't, and we already know that the Democrats can't, then our nation is screwed.

Its costs a lot of money to fix Bush the Younger's fuck ups. What was the budget like when Obama took office, very rosy I bet, right. Perfume sprayed on shit doesn't make roses.

 

[Gunny]

Democrats have spent less then Rs for decades. The Rs just lie about shit repeatedly until their minons believe lies.

Democrats have spent more then Rs for the last two years. The D's just lie about shit repeatedly until their minions, like TM, believe the lies.

Obama's 2010 budget: deficit soars amid job spending | Reuters

The budget forecast a $1.56 trillion deficit in 2010, or 10.6 percent of gross domestic product (GDP), up from a 9.9 percent share of GDP in 2009.

Facts are stubborn things.

Obama's only hope is that the Republicans take over the House and Senate and re-institute fiscal responsibility.

If you think they can't, and we already know that the Democrats can't, then our nation is screwed.

I disagree. The Republicans aren't fiscally responsible. Just less fiscally irresponsible than Dems.

How sad is THAT?

 

[uscitizen]

The budget forecast a $1.56 trillion deficit in 2010, or 10.6 percent of gross domestic product (GDP), up from a 9.9 percent share of GDP in 2009.

and how has the GDP done during the recession? I am sure it has been what is was while Bush was president?

Conparang one variable to another without stating the values of the variable makes no sense.

When the GDP drops of course the % ratio will go up even if the defecit stays the same.

 

[Mad Scientist]

Democrats have spent less then Rs for decades. The Rs just lie about shit repeatedly until their minons believe lies.

Democrats have spent more then Rs for the last two years. The D's just lie about shit repeatedly until their minions, like TM, believe the lies.

Obama's 2010 budget: deficit soars amid job spending | Reuters

The budget forecast a $1.56 trillion deficit in 2010, or 10.6 percent of gross domestic product (GDP), up from a 9.9 percent share of GDP in 2009.

Facts are stubborn things.

Obama's only hope is that the Republicans take over the House and Senate and re-institute fiscal responsibility.

If you think they can't, and we already know that the Democrats can't, then our nation is screwed.

I disagree. The Republicans aren't fiscally responsible. Just less fiscally irresponsible than Dems.

How sad is THAT?

Well we really only have two parties in power. So unless the Tea Party rises up captures the House and Senate we're screwed.

Are you saying that we have to just wait until after the Dems and Repubs destroy everything?

 

[rightwinger]

Nice try at deflection, Dude

Bush's "timid" tax cuts would have financed the war. Instead he hid the cost of the war from the budget

Pure nonsense.

Shrubbie's first round tax cuts were passed prior to 9/11™ and waaaaay in advance of the Afghanistan and Iraq debacles.

The buffoonish claim that they were touted as a way to pay for the wars is...well...buffoonish.

Hence the term "first round"

Nice try at covering for your boy there Dude...but how does one issue a "second round" of tax cuts when you have brought your country into two wars?

GOP.....Party of Fiscal Responsibility

 

[Toro]

Yup. That as much as anything drove me out of the GOP to being an Independent. I can handle the wingnuts in the party - barely - but dumbass theories about cutting taxes and balancing budgets while spending with no consequences was just too much for me, especially when they preached fiscal discipline. At least with the Democrats, you know they're going to be fiscally irresponsible. Republicans are all hat, no cattle.

 

[Oddball]

Nice try at deflection, Dude

Bush's "timid" tax cuts would have financed the war. Instead he hid the cost of the war from the budget

Pure nonsense.

Shrubbie's first round tax cuts were passed prior to 9/11™ and waaaaay in advance of the Afghanistan and Iraq debacles.

The buffoonish claim that they were touted as a way to pay for the wars is...well...buffoonish.

Hence the term "first round"

Nice try at covering for your boy there Dude...but how does one issue a "second round" of tax cuts when you have brought your country into two wars?

GOP.....Party of Fiscal Responsibility

Where were those cuts touted as a way to pay for the wars? Who made that purely asinine assertion?

C'mon...Dazzle us.

 

[Oddball]

Yup. That as much as anything drove me out of the GOP to being an Independent. I can handle the wingnuts in the party - barely - but dumbass theories about cutting taxes and balancing budgets while spending with no consequences was just too much for me, especially when they preached fiscal discipline. At least with the Democrats, you know they're going to be fiscally irresponsible. Republicans are all hat, no cattle.

Ditto...Getting stiffed in '95 was the last straw for me.

 

[uscitizen]

Democrats have spent more then Rs for the last two years. The D's just lie about shit repeatedly until their minions, like TM, believe the lies.

Obama's 2010 budget: deficit soars amid job spending | Reuters
Facts are stubborn things.

Obama's only hope is that the Republicans take over the House and Senate and re-institute fiscal responsibility.

If you think they can't, and we already know that the Democrats can't, then our nation is screwed.

I disagree. The Republicans aren't fiscally responsible. Just less fiscally irresponsible than Dems.

How sad is THAT?

Well we really only have two parties in power. So unless the Tea Party rises up captures the House and Senate we're screwed.

Are you saying that we have to just wait until after the Dems and Repubs destroy everything?

Umm the TP is just an extension of the repubs. Most of them voted for Bush twice.

 

[rightwinger]

Pure nonsense.

Shrubbie's first round tax cuts were passed prior to 9/11™ and waaaaay in advance of the Afghanistan and Iraq debacles.

The buffoonish claim that they were touted as a way to pay for the wars is...well...buffoonish.

Hence the term "first round"

Nice try at covering for your boy there Dude...but how does one issue a "second round" of tax cuts when you have brought your country into two wars?

GOP.....Party of Fiscal Responsibility

Where were those cuts touted as a way to pay for the wars? Who made that purely asinine assertion?

C'mon...Dazzle us.

Come on Dude...try to keep up

The thread is about "Fiscal Responsibility"....you know, paying your way

Show us how responsible it is to cut taxes after you have started two wars

 

[Toro]

BTW, the cost of the Bush tax cuts is estimated to be $1.5-$2 trillion, double what the stimulus cost.

The Cost of Tax Cuts - Brookings Institution
The Tax Foundation - How Much Did the Bush Tax Cuts Cost in Forgone Revenue?

This is what drives me nuts about Republicans. Fine, you don't want more money spent and bigger deficits, but where were you when the GOP White House and Congress were blowing enormous holes in the fiscal balance of this nation? Deficits by Republican tax cuts and increased spending, hey, "Deficits don't matter!" Deficits by Democrat spending? Communism!

 

[Oddball]

The only way that tax cuts "cost" anything is if you presume that the money belongs to the gubmint first.

That dog don't hunt.