Obama policies added more to the debt than any President in history.

[Nostra]

Only in your idiot mind. We know you’re a simpleton. You don’t believe in climate change which every climate institute in the world does. . . You don’t even believe trump who confessed to being the king of debt.

Climate change?

 

[Dagosa]

Since tax increases are unpopular this ^^^ was the plan...first lock in the spending then later claim we must raise taxes to pay our bills. Dems are total assholes!

Why do repugnants have so many recessions ? 10 of the last 11.

 

[Nostra]

Why do repugnants have so many recessions ? 10 of the last 11.

Link?

 

[Dagosa]

Climate change?

Exactly. You’ve just proven you’re an idiot.

 

[Nostra]

Exactly. You’ve just proven you’re an idiot.

Tell as again how Obama “Didn’t run up the debt”, Simp.

 

[BluesLegend]

Why do repugnants have so many recessions ? 10 of the last 11.

Because of dumb fuck Dem stupid spending and 15 billion government regulations trying to RULE every damn aspect of our lives. FU Dems. Next question.

 

[Dagosa]

Because of dumb fuck Dem stupid spending and 15 billion government regulations trying to RULE every damn aspect of our lives. FU Dems. Next question.

Oh, it wasn’t Hunter ? More made up shit.
10 of last 11 recessions.

 

[Dagosa]

Link?

Link your ass…..count backwards. Trump, Bush……ha ha. can’t tell if you’re stupid of senile.

 

[BothWings]

Let's face it. It's a deeply ingrained trend that no one president is simply going to turn around upon being elected. It's a national habit and our economy has come to depend on it like a heroine addiction. It will take multiple presidencies of people who are all dedicated to reversing it to make it happen. There's almost a snowball's chance in hell of that. My guess is it would take 12-16 years to really make a significant difference that could/would be perpetuated by future administrations, and that's being optimistic.

 

[Dagosa]

Let's face it. It's a deeply ingrained trend that no one president is simply going to turn around upon being elected. It's a national habit and our economy has come to depend on it like a heroine addiction. It will take multiple presidencies of people who are all dedicated to reversing it to make it happen. There's almost a snowball's chance in hell of that. My guess is it would take 12-16 years to really make a significant difference that could/would be perpetuated by future administrations, and that's being optimistic.

Exactly.
The debt is tied to every deficit and accumulated compound interest paid to all the loans, treasury notes, bonds and bills.
Even the solvent SS and Medicare parts a and b which pay for themselves is turned into debt when the Govt routinely robs the surplus to buy more treasury notes. The idea that much of the debt is due to entitlements is not true but a lie. We routinely rob these funds and put the surplus into the general fund which often goes into the military. This surplus then appears as debt with the purchase of treasury notes.

Clinton admin balanced the budget for several years but still accumulated debt. So it’s not easy especially when the gop hands out massive tax cuts and still spends like drunken sailers. Trickle down is just another name for the middle class being pissed on and blamed for the debt.

 

[Nostra]

Link your ass…..count backwards. Trump, Bush……ha ha. can’t tell if you’re stupid of senile.

So you lied.

Got it.

 

[22lcidw]

Trump added four trillion in the three years before Covid

At that rate over 8 years he would have added over 10 trillion if not more

Without Covid

He makes Obama look like a spendthrift

Make the tough cuts then. Look at the coward ways of causing inflation to get more resources from the peasants because that is a tax increase on them. A huge one. We are living beyond our means. And have for many years. It is disgusting and vile watching the professional liars as Prog politicians are, gaming the voters over and over again. Stop paying people for irresponsible ways of living and defund the public school system. It is coming anyway. It's just that we still have a chance to keep our status as top dog in the world.

 

[22lcidw]

Exactly.
The debt is tied to every deficit and accumulated compound interest paid to all the loans, treasury notes, bonds and bills.
Even the solvent SS and Medicare parts a and b which pay for themselves is turned into debt when the Govt routinely robs the surplus to buy more treasury notes. The idea that much of the debt is due to entitlements is not true but a lie. We routinely rob these funds and put the surplus into the general fund which often goes into the military. This surplus then appears as debt with the purchase of treasury notes.

Clinton admin balanced the budget for several years but still accumulated debt. So it’s not easy especially when the gop hands out massive tax cuts and still spends like drunken sailers. Trickle down is just another name for the middle class being pissed on and blamed for the debt.

State, local, regional and city taxes exploded over the several decades that the federal government has also. When you say massive tax cuts at the federal level then you are saying we are moving towards a socialist nation if not one. There are variations in that. That is why every election doubles down on we are a democracy. Democracy. Democracy. Democracy. So, we elect people beholden to something else or to keep their power. We are a Republic. And only when the shit hits the fan in a certain way do the Democracy people, we elect follow the Republic values.

 

[EMH]

What worked = cutting taxes AND SPENDING = the 1990s

What did not work

increasing spending and cutting taxes = W
massively increasing spending by any means necessary = homO and Biden
being a moron and parroting Dr. Fauci = Trump

 

[Dagosa]

State, local, regional and city taxes exploded over the several decades that the federal government has also. When you say massive tax cuts at the federal level then you are saying we are moving towards a socialist nation if not one. There are variations in that. That is why every election doubles down on we are a democracy. Democracy. Democracy. Democracy. So, we elect people beholden to something else or to keep their power. We are a Republic. And only when the shit hits the fan in a certain way do the Democracy people, we elect follow the Republic values.

A lot to unpack that doesn’t make a lot of sense. Anyone who served in local govt knows local and state taxes go up when federal taxes are reduced along with state aid and grant money. You want services, you pay for it. Most states are obligated to balance their budgets and couldn’t function without federal aid. Red states are the primary recipients of federal aid and blue states are more donor states. Red states
need that federal aid.

Cutting taxes is just a whimsical expression for the right when it always means, cutting taxes for the rich who actually get to write the tax codes in gop budgets. It’s Hilarious how the right brags about their economical plans then when in power, promotes recession after recession after recession.
you get recessions when you don’t pay your bills.

 

[22lcidw]

A lot to unpack that doesn’t make a lot of sense. Anyone who served in local govt knows local and state taxes go up when federal taxes are reduced along with state aid and grant money. You want services, you pay for it. Most states are obligated to balance their budgets and couldn’t function without federal aid. Red states are the primary recipients of federal aid and blue states are more donor states. Red states
need that federal aid.

Cutting taxes is just a whimsical expression for the right when it always means, cutting taxes for the rich who actually get to write the tax codes in gop budgets. It’s Hilarious how the right brags about their economical plans then when in power, promotes recession after recession after recession.
you get recessions when you don’t pay your bills.

There are federal dictums that force the local entities to pay for. Face it. Much of the money goes for employees before we get to poverty and social services.

 

[Dagosa]

There are federal dictums that force the local entities to pay for. Face it. Much of the money goes for employees before we get to poverty and social services.

There is no forced payments by the Fed On local govt. None unless they are violating the constitution. What the Fed does do, is stop payment themselves if locals don’t live up to matching funds agreements. The only monitory control the Fed has, is restricting payments.

The Fed does not pay wages. They can’t. They can provide grant monies and it’s up to locals to distribute it as wages or capital expenses. So, you are mistaken on both accounts. Anyone who has worked in local govt generally gets the feds role.

 

[Dagosa]

Much of the money goes for employees before we get to poverty and social services.

You don’t get it. Medicare and social security are federal programs, managed by the Fed. States have nothing to do with the payment of either. Medicaid are federal matching funds distributed by the states. Really have no idea what you your point is.
“The program is partially funded and primarily managed by state governments, which also have wide latitude in determining eligibility and benefits, but the federal government sets baseline standards for state Medicaid programs and provides a significant portion of their funding.”

The Fed provides a significant part of the funding, shouldn’t they set minimum standards ?

 

[candycorn]

1. Donald Trump
   $7.8 trillion over 4 years
   ($1.9 trillion per year)

But he is a "conservative" LOL

An uncontrollable carom into the truth.

 

[Dagosa]

I say you are a moron and a liar.

See the figures in the OP for proof.

You have no clue what the difference between a deficit and debt is do you. You can’t even remember the recessions that every republican has had in modern times. Gee, every Republican President has had one in modern times. What a dufus.