G7 looking for 2 Historic Outcomes

[Flash]

 

[citygator]

YEA!! Biden knows going at China ALONE is a moronic failure. Trump tried to attack China trade without allies and we gave up the Far East. China is filling in the void. This is how you do it. With allies and a coalition.

Biden to urge G-7 leaders to stand up to China on reeducation camp abuses

President Biden on Saturday plans to urge allies to publicly call out China over its Uighur reeducation camps on the second full day of the G-7 summit.

www.foxnews.com

The proposal is part of the U.S. administration’s plan to have democratic world leaders present a united front against China, two senior administration officials who briefed reporters on condition of anonymity told reporters, according to The Associated Press.

Biden’s goal for allies to speak against China in one voice may be difficult as some G-7 leaders have been reluctant to call out the Chinese Communist Party.

The group includes leaders from the U.S., Britain, Canada, France, Germany, Italy and Japan.

 

[citygator]

View attachment 500365

Look everyone! A moron calling someone a moron. Way to come with lame memes blazing. I miss the intelligence of liberal boards when I’m over here.

 

[Flash]

View attachment 500365

Look everyone! A moron calling someone a moron. Way to come with lame memes blazing. I miss the intelligence of liberal boards when I’m over here.

The morons are the clowns that think that taxing more will somehow lead to more prosperity. You know, Moon Bats like you.

 

[NightFox]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

What “algorithm”? Does it involve recreating the infotech bubble of the 1990’s along with recreating a somewhat fiscally responsible Republican controlled HoR to work? Perhaps a time machine is required? Or maybe we just need to engage in more creative government accounting to do it?

Stop abusing your right to redefine the meaning of the word algorithm to fit your flimsy argument.

 

[LordBrownTrout]

You guys wouldn’t recognize progress if iit inoculated a billion people before your eyes. I expect great progress here.

Your definition of progress is subjugation at the barrel of a gun from a tyrannical govt. The founders warned of hacks such as yourself who would continually try to burn the constitution and enslave the populace.

 

[Flash]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

No more welfare, entitlements, subsidies, grant or stupid Federal agencies that don't do jackshit but cost billions to operate. Like the Department of Education or HUD and a dozen others.

There are a few legitimate expenses for the Federal government. Defense, courts, state department etc. Most people don't mind a fuel tax to pay for roads because, after all, their ain't no such thing as a free lunch. We can fund those at the Federal level and cut out all the other wasteful crap.

 

[citygator]

View attachment 500365

Look everyone! A moron calling someone a moron. Way to come with lame memes blazing. I miss the intelligence of liberal boards when I’m over here.

The morons are the clowns that think that taxing more will somehow lead to more prosperity. You know, Moon Bats like you.

Yea. No taxes and no government. That’s the answer. You live in the wrong country for that. Get out and go find your utopia.

 

[citygator]

You guys wouldn’t recognize progress if iit inoculated a billion people before your eyes. I expect great progress here.

Your definition of progress is subjugation at the barrel of a gun from a tyrannical govt. The founders warned of hacks such as yourself who would continually try to burn the constitution and enslave the populace.

Nope. They warned us about folks like you who want a tyrannical government led by an elite religiousocracy who want all to conform and to subjugate and control the poor through means of suppression and access restriction. Go find that shit elsewhere. This is America the land of the free.

 

[NightFox]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

 

[LordBrownTrout]

You guys wouldn’t recognize progress if iit inoculated a billion people before your eyes. I expect great progress here.

Your definition of progress is subjugation at the barrel of a gun from a tyrannical govt. The founders warned of hacks such as yourself who would continually try to burn the constitution and enslave the populace.

Nope. They warned us about folks like you who want a tyrannical government led by an elite religiousocracy who want all to conform and to subjugate and control the poor through means of suppression and access restriction. Go find that shit elsewhere. This is America the land of the free.

You're so far off, confused, and wrong that you're 500 trillion light years away from being right. No, dems enslave and keep the populace in bondage through their never ending social programs. Not surprising since they are the party of slavery and segregation. They try to keep their product disguised.

 

[NightFox]

You guys wouldn’t recognize progress if iit inoculated a billion people before your eyes. I expect great progress here.

Your definition of progress is subjugation at the barrel of a gun from a tyrannical govt. The founders warned of hacks such as yourself who would continually try to burn the constitution and enslave the populace.

Nope. They warned us about folks like you who want a tyrannical government led by an elite religiousocracy who want all to conform and to subjugate and control the poor through means of suppression and access restriction. Go find that shit elsewhere. This is America the land of the free.

Which founder(s) pronounced warnings regarding an “elite religousocracy”? Can you provide quotes?

“The alternate domination of one faction over another, sharpened by the spirit of revenge, natural to party dissension, which in different ages and countries has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length to a more formal and permanent despotism. The disorders and miseries which result gradually incline the minds of men to seek security and repose in the absolute power of an individual; and sooner or later the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of public liberty.” — George Washington

Guess what? you’re part of one of those factions that founder was warning us about, hate to break it to you but you’re part of the PROBLEM not part of the SOLUTION, stick that in your self righteous pipe and smoke it.

 

[Flash]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

 

[NightFox]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

 

[Flash]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?

 

[NightFox]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?

Yeah okay I see you can’t carry on a discussion without resorting to childish insults, I knew I shouldn’t have even bothered trying with you, you’re an insult to everything Dr. Paul stands for.

Enjoy your echo chamber, bye.

 

[citygator]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?

Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots don’t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.

 

[Flash]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?

Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots don’t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.

Bullshit Moon Bat!

We take about $3.5 trillion out of the economy every year to support this bloated Federal government and then go borrow a shitload more. That shithead Joe Dufus wants to even make it more.

Because you don't know a goddamn thing about Economics you have no idea of the damage that does to our productive economy, do you?

The States and Locals take out close to a like amount. The combined cost of government in this fucking country is more than the GDP of all be a couple or three other countries in the world. Does that tell your uneducated mind anything?

Those taxes are all flowed down either directly or indirectly to all Americans one way or another. For instance, that stupid oppressive Corportate tax drives up the cost of goods and services provided by the corporations and we all pay it when we buy the products. Of course you uneducated Moon Bats are too dumb to know things like that, aren't you?

People like you and you ignorant mindset on the role of government is the reason we are in the mess we are in now. Shame on you! You have fucked this country and you are too stupid as to know the reason why.

 

[citygator]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?

Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots don’t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.

Bullshit Moon Bat!

We take about $3.5 trillion out of the economy every year to support this bloated Federal government and then go borrow a shitload more. That shithead Joe Dufus wants to even make it more.

Because you don't know a goddamn thing about Economics you have no idea of the damage that does to our productive economy, do you?

The States and Locals take out close to a like amount. The combined cost of government in this fucking country is more than the GDP of all be a couple or three other countries in the world. Does that tell your uneducated mind anything?

Those taxes are all flowed down either directly or indirectly to all Americans one way or another. For instance, that stupid oppressive Corportate tax drives up the cost of goods and services provided by the corporations and we all pay it when we buy the products. Of course you uneducated Moon Bats are too dumb to know things like that, aren't you?

People like you and you ignorant mindset on the role of government is the reason we are in the mess we are in now. Shame on you! You have fucked this country and you are too stupid as to know the reason why.

First. No one in the country thinks the current expense level is reasonable. No one.

Second. There are a million different formulas to acquire revenue for governing this nation. The fact is the wealthy are not paying their fair share. I’m open to discussing any options including eliminating all corporate taxes but replacing them with taxing greater the income they generate for owners. I’m all ears. One option is not getting rid of all government. That’s moronic and demonstrates you have no ideas but talking points.

 

[Flash]

I am expecting big things from Biden’s first world leader summit. I bet he doesn’t puke on the Japanese leader like Bush nor blow Putin while denying US intelligence briefing reports.

Looking for minimum corporate tax rate and vaccine commitments.

Biden attends G-7 summit amid post-Trump mood of global cooperation

President Joe Biden is meeting with top allies in Cornwall, England, Friday for a G-7 leaders summit.

abcnews.go.com

The two biggest outcomes expected from the summit are a shared commitment to a global vaccination effort and an agreement on what the minimum corporate tax rate should be.

Collectively, the countries are committing to providing a billion vaccinations globally to assist people in some of the world’s poorest countries, with Biden announcing Thursday that the United States would contribute half of that total.

MORE: Biden announces US to donate 500M vaccine doses in show of American leadership

On the tax rate, the leaders are expected to collectively endorse a global minimum corporate tax of at least 15%, following up on an agreement met by finance ministers last week, though implementation of such a tax rate ultimately will require approval in each country.

The mood of multilateral cooperation surrounded Biden's debut appearance at the summit, which serves as a stark departure from prior summits in recent years, as former President Donald Trump's skepticism of multilateralism in favor of his "America First" approach to foreign policy rattled the global norms that have long made such summits predictable affairs.

You dumb fuck.

You will wind up paying the fucking corporate tax whenever you buy anything made by a corporation. Don't we have enough Democrat inflation already without adding to it?

It will also cause a flood of jobs to be transferred to countries that won't go along with that dumb idea, like Ireland.

I swear you uneducated dumbass Moon Bats don't know anymore about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution.

Fuck giving away the vaccine to foreign shitheads. Make them buy their own. We don't need to provide welfare to the rest of the world.

I thought all the other countries had such great Socialized medicine. If Socialized medicine is as great as you idiot Moon Bats say it is why aren't they proving their own vaccine?

Anybody that voted for Joe Dufus and then ignored the fact he stole the election is an idiot. That is a fact.

What was the economy like and the tax rate like under a Democrat the last time the budget was balanced? Oh I’ll give you a hint.

Clinton signed the Omnibus Budget Reconciliation Act of 1993 into law. This act created a 36 percent to 39.6 percent income tax for high-income individuals in the top 1.2% of wage earners. Businesses were given an income tax rate of 35%.

There are many reasons for the balanced budget in the 1990's. One of them was the peak spending of the Baby Boomers. They slowed down the last year of Clinton's time in office. And make no mistake about it, the Contract with America from the 1994 Repubs saved Clinton's butt. And without Ross Perot he never would have been elected. Twice!

Another thing that caused a good economy in that era.

The computer became widespread in business worldwide, which resulted in a tremendous increase in productivity, not only in the US but all over the world.

Slick Willy was a scumbag and an idiot but he lucked out when he inherited Reagan's great economy, the tech boom and computer productivity.

In addition the Republican Congress prevented him from fucking everything up like he wanted to do.

Tax rate was 35% for corps and top earner was. Over 39% and the economy was humming. Fear mongering of rich people and corps so that you people of moderate means fight it out for them is the greatest trick the devil ever made. You’re not thinking. I am a .5%er. I have skin in the game. Tax rates need to be higher and spending lower. It’s math.

You are confused Moon Bat.

We tax far too much in this country. The fucking government doesn't need more revenue to waste. We need to spend far less. The Federal government is bloated, debt ridden and out of contrl and we shouldn't be feeding that monster with more money like you idiot Libtards want to do. Americans need to keep more of the money they earn rather than give it to some asshole government bureaucracy that waste the money.

Stop with your Socialist bullshit. It just makes you look like an idiot.

You need both. More income less spending. There is a proven algorithm developed in the 90’s under Clinton.

No moron. We never need more income.

We need to stop a lot of the goddamn spending and have lower taxes for everybody. We could have a great Federal government for about 1/4th the money we spend now.

How are you going to do that given the staggering structural deficits already built into the Federal Budget, you have debt service, you have entitlements (mandatory spending) and you have a stunning lack of investment. Not to mention the fact that MUCH of the economy is reliant on Federal spending, what about all the labor force that’s dependent on it? what are you going to do about them? Kick ‘em to the curb and just tell ‘em good luck finding a new career? Or are you wanting to fund their living on the public dole?

Even if you eliminated ALL of the discretionary spending (around $1.5 trillion) that would only account for 50% of the 2021 projected budget deficit, granted that’s including the impacts of COVID, but going forward it still wouldn’t account for more than a small budget surplus and you would be left with ZERO national defense, ZERO education budget, ZERO infrastructure spending, ZERO federal law enforcement and on and on.

I’m all for it if you can figure out a way to shrink the Federal Government to 1/4 it’s current size without causing a massive disruption to the economy and a drastic drop in the standard of living for most of the population while doing it.

That "staggering" deficit is the result of decades and decades of bloated out of control Federal spending and we need to first put a stop to that.

The way that a family pays off debt to stop going into more debt and then cut back on spending and use that money to pay off the credit cards.

The fucking federal government should do the same.

A few years ago Ron Paul suggested a Federal budget that would cut spending a trillion a year while maintaining many of the necessary government functions. A trillion a year would be a nice year payment on the debt, wouldn't it? That trillion a year would be a good start and we could continue to reduce the size of the bloated government.

Do away with all welfare, subsidies, entitlements, grants, foreign aid and unnecessary government agencies. get down to the basics, pay off debt and then reduce taxes. The economy would boom then. That is the only sane thing to do. Anything else is stupidity.

Paul proposes $1T in specific cuts

"We have to recognize how serious the problem is," says the Texas representative.

www.politico.com

Paul proposes $1T in specific cuts​

I didn’t say “staggering deficit” what I said was “staggering STRUCTURAL deficits”, that is deficits that are essentially on auto pilot, primarily DEBT SERVICE (interest payments) and MANDATORY SPENDING (e.g. Social Security, Medicare and Federal Pensions).

You have to address all of the issues that I raised before you can seriously propose a way to begin reducing the size of the federal government, there is no silver bullet, I wish there were but there isn’t.

.. and with all due respect to Dr. Paul his plan wasn’t and still isn’t workable because there is NO POLITICAL WILL IN THE DUOPOLY to do anything close to what he proposes.

The fact of the matter is, after thinking about our situation for a long time and doing a lot of homework (including paying A LOT of attention to the warnings of people like Dr. Paul), I can arrive at only one conclusion, our reckless financial idiocy won’t stop until economic reality forces it to (destruction of our currency) and then it’ll be too late to save ourselves from all of the dire consequences that will follow.

In the meantime, I’ve found it more productive to try and focus on what is practical.

You are confused about this Moon Bat.

I will explain it to you in simple terms that even an uneducated Moon Bat could understand.

The size of our government is too large. It is bloated and inefficient.

Americans are taxed too much to pay for that bloated out of control government.

Our children are deep in debt for that bloated out of control government.

Those taxes take money out of the productive economy that harms economic growth.

We need to cut back on the size of the government.

We need to stop spending so much money at the Federal level.

We need to stop all welfare, subsidies, grants, entitlements, foreign aid and unnecessary Federal level departments.

I gave a little example of how we can start the process by Paul's "Restore America" budget that would cut back on spending $1 trillion a year.

We need to do much more than that but it is a good start.

Your idiotic mindset that the government has to be this large is just an example of the stupidity that led us to having a $5 trillion a year budget and being almost $30 trillion in debt.

You stupid uneducated Moon Bats don't know any more about Economics than you know about History, Climate Science, Biology, Ethics or the Constitution. You sure as hell don't know anything about fiscal responsibility, do you?

Bullshit. The tax rate is lower on those who can pay than ever before. Debt under trump during a great economy shows you right wing idiots don’t know how to run an economy. Clinton had a balanced budget. Obama inherited an economic disaster and fixed it but it was expensive. Before and after those guys Republicans ran up expenses and reduced the rates of revenue while stewarding the largest wealth transfer from middle class to the wealthy in world history.

Bullshit Moon Bat!

We take about $3.5 trillion out of the economy every year to support this bloated Federal government and then go borrow a shitload more. That shithead Joe Dufus wants to even make it more.

Because you don't know a goddamn thing about Economics you have no idea of the damage that does to our productive economy, do you?

The States and Locals take out close to a like amount. The combined cost of government in this fucking country is more than the GDP of all be a couple or three other countries in the world. Does that tell your uneducated mind anything?

Those taxes are all flowed down either directly or indirectly to all Americans one way or another. For instance, that stupid oppressive Corportate tax drives up the cost of goods and services provided by the corporations and we all pay it when we buy the products. Of course you uneducated Moon Bats are too dumb to know things like that, aren't you?

People like you and you ignorant mindset on the role of government is the reason we are in the mess we are in now. Shame on you! You have fucked this country and you are too stupid as to know the reason why.

First. No one in the country thinks the current expense level is reasonable. No one.

Second. There are a million different formulas to acquire revenue for governing this nation. The fact is the wealthy are not paying their fair share. I’m open to discussing any options including eliminating all corporate taxes but replacing them with taxing greater the income they generate for owners. I’m all ears. One option is not getting rid of all government. That’s moronic and demonstrates you have no ideas but talking points.

You are really confused about this aren't you?

You filthy little greedy Socialists don't really give a shit about the size of the government or the debt. You assholes just want somebody else to pay for it.

All taxes collected in the country flows down to the people one way or another and are a burden on the economy. If a rich man is taxed a shitload then that money doesn't go towards jobs creating investments or the employment provided by his spending. That is simple economics that you stupid uneducated Moon Bats never never seem to understand. It is the real life Broken Window Theory.

What is insane:

1. Big bloated government
2. Progressive taxation that punishes wealth accumulation
3. Tremendous debt

What is sane

1. Fiscal responsibility
2 Only spending what the government takes in
3. Smallest possible government
4. Low taxation for everybody

The probem is not how we tax people. No matter how you do it there will always be winners and losers. The problem is that we collect too much taxes and that leads to bloated government and harm to our economy.