Elon launches "America Party" - fiscally conservative only description so far

[citygator]

Look at the US debt to GDP since ~1970.

Now look at the deficit as a percentage of GDP since ~1970.

From this, we can see who contributed the most to the debt as a percentage of GDP. Generally, a deficit to GDP of no more than 3% is what people say is necessary for sustainable fiscal policy.

These are the clear conclusions:

1. Deficit as a percentage of GDP increased from 0.3% in 1970 to 5.7% in 1983. This was a period that experienced a severe recession in 1980.
2. The deficit as a percentage of GDP ranged from 5.7% to 2.7% throughout all of Reagan and H.W. Bush’s terms.
3. Clinton came into office in 1993 with a deficit to GDP of 4.5%. The deficit shrunk every year throughout the rest of the 1990s, ultimately reaching a surplus of 2.3% in 2000. That is a 680 bps improvement in the budget deficit.
4. The US invaded Iraq in 2003, resulting in a 3.3% deficit as a percentage of GDP.
5. The Bush administration reduces the deficit to 1.1% of GDP by 2007.
6. The deficit to GDP increases to 9.8% of GDP in 2009 in response to the Global Financial Crisis.
7. The Obama administration reduces the deficit to 2.4% of GDP by 2015 - reducing the deficit during a period of economic expansion. That is a 740 bps improvement in the budget deficit.
8. Trump increases the deficit every year of his presidency, reaching 4.6% of GDP by 2019 - increasing the deficit during a period of economic expansion.
9. The deficit to GDP increases to 14.7% in 2020 in response to the COVID-19 pandemic.
10. The Biden administration reduces the deficit to 6.3% by 2024. That is an 840 bps improvement in the budget deficit from the trough from the pandemic response - definitely overstated given the magnitude of the pandemic response.

Now, the Trump administration intends on passing a bill into law that will increase the deficit by $3T. This is further evidence that Trump is fiscally irresponsible.

Republicans consistently increase the deficit in both bad times and good times. Democrats consistently reduce the deficit during good times.

 

[Scoutster]

I don’t expect much to come from this new party of Elon‘s. He needs to focus on his companies and likely take a personal vacation spa month and get off some of the drugs.

 

[dblack]

What we need, more than anything, is stability. People, businesses, etc... can work with stupid laws. What's far more dangerous is constantly changing laws.

 

[Hellokitty]

leaders in the democrat party are salivating over the fact that Musks party will split the republican vote ..

Right just like they were about Nikki Haley beating TRUMP...

 

[lg325]

neo liberal, rockafella republican is what it seems to be.

 

[Failzero]

neo liberal, rockafella republican is what it seems to be.

His team will be Nice Try Nikki and Adam Kinzinger & Liz Cheney and Massie

 

[crossbody]

I said all along this Elon Musk dude was a devil.

Even Trump was too blind to see that what Musk wanted most his seat on the throne. Dudes an idiot.

 

[Failzero]

The Never Trumper Party won’t have Trump to kick around after a while anyhoo

 

[LuckyDuck01!]

https://www.cnn.com/2025/07/05/politics/elon-musk-political-party

You either understand basic math or you do not. The core base of the Democrat Party only cares about the "math" of how much each of them can steal. The core base of the Republican Party has yet to figure out that soon does not mean "more than 2000 years from now."

The BASIC MATH of AMERICA right now is that we are perilously close to bankruptcy, what happened to Greece in the past 20 years. If the math-invalid morons who actively vote in both the GOP and the Dem primaries keep electing big spending uniparty disasters, we go bankrupt. Mike Johnson as Speaker doesn't cut it, not even close.

Right on, Elon.

One small suggestion.... do not, NOT, make your party about CO2 FRAUD...

You are way too smart to be wrong here...

Thread 'Since Co2 does nothing, what does cause Earth climate change?'

Jun 11, 2023

The first part is understanding what is climate and what is weather. Climate is the parameters of Earth that allow certain ranges of weather. We don't get Cat 10 canes now, but we would if Earth had no ice.

What are the parameters of climate that can change?

Ocean levels
Atmospheric thickness
Temperature
Humidity


What controls those?

The amount of ice on the planet. Period. Ocean level is 100% inversely correlated to Earth ice content (on land, not sea ice, which is pathetically small) - duh. Trapped in ice age glacier is compressed gas. When it snows 10 feet, you can compress...

• EMH
• Replies: 544
• Forum: Environment

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Thread 'Apparently we really need a "debate" over the term ICE AGE because y'all are all wrong...'

Jun 23, 2023

What is an ICE AGE?

Most apparently still believe it is a terrifying horror movie event where Earth all at once freezes up. The data has never supported such a scenario. Since 2010, there has been a massive effort to re-write Earth climate history into a series of rapid "glaciations" and ice retreats, as if "Day After Tomorrow" movie is accurate... LOL!!! What was North American Ice Age before 2010 is now spun into a series of rapid "ice ages" where it took a mere 75k years for the "ice age" to start in Northern Canada and put 2.5 mile thick glaicers on Chicago. This is "Milankovich"...

• EMH
• Replies: 338
• Forum: Environment

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Thread 'Pluto and Surface Air Pressure'

Oct 22, 2024

Pluto: Facts - NASA Science

Why is Pluto no longer a planet? Pluto was reclassified as a dwarf planet in 2006 by the IAU because other objects might cross its orbit.

science.nasa.gov

Pluto has a thin, tenuous atmosphere that expands when it comes closer to the Sun and collapses as it moves farther away – similar to a comet. The main constituent is molecular nitrogen, though molecules of methane and carbon monoxide have also been detected.
When Pluto is close to the Sun, its surface ices sublimate (changing directly from solid to gas) and rise to temporarily form a thin atmosphere. Pluto's low gravity (about 6% of Earth's) causes the atmosphere to be much more extended in altitude than our planet's atmosphere...

• EMH
• Replies: 1,013
• Forum: Environment

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If you truly want to reduce government costs and get us back to being in the black, here is the solution:
1. End all Social Security.
2. End all Medicare and Medicaid.
3. Gut the Military.
4. End subsidizing farmers.
That will do it. What it will also do is:
1. Have the elderly living and dying in the streets.
2. Have the elderly, poor and disabled dying younger.
3. Have the US be attacked.
4. Have far fewer farms and people quite hungry.
But, if you can live with that, well, run for president.

 

[Harry Dresden]

Which statement isn’t correct? I’ll give you a link.

every democrat?....bullshit....

 

[there4eyeM]

Over a third of eligible voters didn't vote last time. About one third voted for one or the other of the two parties that control (rig) elections. That leaves a huge amount of ground for an alternative party. Whoever can provide one could seriously aid American democratic processes. The duopoly needs to be challenged.

 

[Godboy]

Look at the US debt to GDP since ~1970.

Now look at the deficit as a percentage of GDP since ~1970.

From this, we can see who contributed the most to the debt as a percentage of GDP. Generally, a deficit to GDP of no more than 3% is what people say is necessary for sustainable fiscal policy.

These are the clear conclusions:

1. Deficit as a percentage of GDP increased from 0.3% in 1970 to 5.7% in 1983. This was a period that experienced a severe recession in 1980.
2. The deficit as a percentage of GDP ranged from 5.7% to 2.7% throughout all of Reagan and H.W. Bush’s terms.
3. Clinton came into office in 1993 with a deficit to GDP of 4.5%. The deficit shrunk every year throughout the rest of the 1990s, ultimately reaching a surplus of 2.3% in 2000. That is a 680 bps improvement in the budget deficit.
4. The US invaded Iraq in 2003, resulting in a 3.3% deficit as a percentage of GDP.
5. The Bush administration reduces the deficit to 1.1% of GDP by 2007.
6. The deficit to GDP increases to 9.8% of GDP in 2009 in response to the Global Financial Crisis.
7. The Obama administration reduces the deficit to 2.4% of GDP by 2015 - reducing the deficit during a period of economic expansion. That is a 740 bps improvement in the budget deficit.
8. Trump increases the deficit every year of his presidency, reaching 4.6% of GDP by 2019 - increasing the deficit during a period of economic expansion.
9. The deficit to GDP increases to 14.7% in 2020 in response to the COVID-19 pandemic.
10. The Biden administration reduces the deficit to 6.3% by 2024. That is an 840 bps improvement in the budget deficit from the trough from the pandemic response - definitely overstated given the magnitude of the pandemic response.

Now, the Trump administration intends on passing a bill into law that will increase the deficit by $3T. This is further evidence that Trump is fiscally irresponsible.

Republicans consistently increase the deficit in both bad times and good times. Democrats consistently reduce the deficit during good times.

The Speaker of the House is in charge of spending, not the president. Newt balanced the budget, not Clinton. All the big spending under Trump and Biden came from Nancy Pelosi.

 

[Captain Caveman]

Every democrat reduces the deficit. Every radical right winger since Nixon has blown up the debt. There is already a fiscally responsible party and it is the democrats.

That's one of the funniest posts I've ever read.

 

[EMH]

His team will be Nice Try Nikki and Adam Kinzinger & Liz Cheney and Massie

Musk is not part of Zionist Fascism.

Only Massie on that list qualifies.

 

[EMH]

neo liberal, rockafella republican is what it seems to be.

Not exactly, the Rockefeller Republicans were for big government, not fiscal conservatism.

 

[citygator]

every democrat?....bullshit....

Every democrat since 1980. I put the numbers above. Prove me wrong.

 

[EMH]

Every democrat since 1980. I put the numbers above. Prove me wrong.

Who was responsible for the "Clinton Economy?"

Big spending Democrats, or Newt?

 

[citygator]

That's one of the funniest posts I've ever read.

Because you haven’t looked into it. You’re running around dead ass wrong. Look it up yourself and come tell me you are sorry.

 

[EMH]

Because you haven’t looked into it. You’re running around dead ass wrong. Look it up yourself and come tell me you are sorry.

You keep dodging the questions about Clinton.

You are not an honest person, which is why you are a Democrat....

 

[Harry Dresden]

Every democrat since 1980. I put the numbers above. Prove me wrong.

you do realize every democrat means every democrat right?.....even the state ones right?...