- Feb 22, 2017
- 106,546
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The OP is just as much a partisan sheep as you are. it is always just one parties fault with the sheep, their party can never do any thing wrong.
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It's OK republicans Trump won't be here
- Thread starter edward37
- Start date
The OP is just as much a partisan sheep as you are. it is always just one parties fault with the sheep, their party can never do any thing wrong.
Biff_Poindexter
Diamond Member
This is why I say that the ability of having a "memory" is like kryptonite to a republican
Because when you use this ability; they are immediately triggered and either have to demonize you for bringing up the past, no matter how RECENT that past is...or they just flat out pretend it never happened.
Because when you use this ability; they are immediately triggered and either have to demonize you for bringing up the past, no matter how RECENT that past is...or they just flat out pretend it never happened.
So not calling yourself that makes it acceptable to help run up 21 trillion in debt? It really doesn’t get much more stupid than that.Which party bills themselves as the ""fiscally responsible "" party?It’s funny how partisans are only concerned about the national debt and government spending when the other side is doing it.
Not funny at all, it is why the debt is knocking on 22 trillion dollars, debt is cool when your party is in control.
McRocket
Gold Member
- Apr 4, 2018
- 5,031
- 707
- 275
- Banned
- #104
Holy shit people are ignorant.
Deficits don’t just happen because person X is in the whitehouse today.
They are mostly composed of existing policies, revenues that are subject to economic state and tax rates.
High deficits in aftermath of Great Recession? DUH
What the fuck do you think happens when your revenues get cut by 25% and you have to pay out unemployment while trying to prop up economy back to life?
Our long term fiscal problems are based on CHRONIC ADDICTION TO TAX-CUTS and baked in spending in need of reforming.
Economy good? Time for another tax-cut!
Economy bad? Oh-oh better pass a tax-cut!
Like a strung out junkie there are always some bullshit rationalizations to not get clean.
Addiction to tax cuts? The problem is spending...not tax cuts.
The federal budget went up - from FY 2008 to FY 2018 from $3 trillion to $4 trillion. That is a 33% increase - far above the inflation rate for that period.
The reason for massive deficits is too much spending...period.
- Thread starter
- #105
Damn Gator You really know how to hurt a guyUS national debt reaches a new high under Trump - CNNPolitics
US national debt reaches a new high under Trump - CNNPolitics
Jan 4, 2019 - The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, ...
Trump says debt crisis after presidency OK as 'I won't be here': report ...
Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then
Dec 6, 2018 - US debt stands at about $21 trillion, and the federal government is ...Trump is reportedly not worried about a massive US debt crisis as he'll be ..
Gee, how did it get so high?
Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.
· FY 2017 - $672 billion.
· FY 2016 - $1.423 trillion.
· FY 2015 - $327 billion.
· FY 2014 - $1.086 trillion.
· FY 2013 - $672 billion.
· FY 2012 - $1.276 trillion.
· FY 2011 - $1.229 trillion.
· FY 2010 - $1.652 trillion.
You left out Bush II adding 101% from the end of Clinton's last budget FY.
and you left off Trump adding 1.48 trillion dollars in CY18 during a booming economy.
Funny how people like you only blame one side.
Gee, how far back do you want to go? And it sure seems the OP addressed Trumps increase. How about paying attention...dumbass.
The OP is just as much a partisan sheep as you are. it is always just one parties fault with the sheep, their party can never do any thing wrong.
Biff_Poindexter
Diamond Member
The problem is who we focus on giving the tax cuts to.....Holy shit people are ignorant.
Deficits don’t just happen because person X is in the whitehouse today.
They are mostly composed of existing policies, revenues that are subject to economic state and tax rates.
High deficits in aftermath of Great Recession? DUH
What the fuck do you think happens when your revenues get cut by 25% and you have to pay out unemployment while trying to prop up economy back to life?
Our long term fiscal problems are based on CHRONIC ADDICTION TO TAX-CUTS and baked in spending in need of reforming.
Economy good? Time for another tax-cut!
Economy bad? Oh-oh better pass a tax-cut!
Like a strung out junkie there are always some bullshit rationalizations to not get clean.
Addiction to tax cuts? The problem is spending...not tax cuts.
The federal budget went up - from FY 2008 to FY 2018 from $3 trillion to $4 trillion. That is a 33% increase - far above the inflation rate for that period.
The reason for massive deficits is too much spending...period.
It is delusional to continue to give huge "permanent" tax cuts and tax loopholes to the wealthy when most of those tax cuts will not go back into the economy.
It is better to focus the bulk of those tax cuts at the middle class because in most cases -- 100% of that money goes back into the economy which creates something smart people call "the multiplier effect"
that is why when so-called Wall Street titans (like the real life Gordon Gekko...) -- shock their wallsteet pundit sycophants by telling the truth to their face on National TV...you never see them invited back again.....
If it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?Which President Increased U.S. Debt the Most?Link to your data, please.US national debt reaches a new high under Trump - CNNPolitics
US national debt reaches a new high under Trump - CNNPolitics
Jan 4, 2019 - The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, ...
Trump says debt crisis after presidency OK as 'I won't be here': report ...
Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then
Dec 6, 2018 - US debt stands at about $21 trillion, and the federal government is ...Trump is reportedly not worried about a massive US debt crisis as he'll be ..
Gee, how did it get so high?
Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.
· FY 2017 - $672 billion.
· FY 2016 - $1.423 trillion.
· FY 2015 - $327 billion.
· FY 2014 - $1.086 trillion.
· FY 2013 - $672 billion.
· FY 2012 - $1.276 trillion.
· FY 2011 - $1.229 trillion.
· FY 2010 - $1.652 trillion.
Is the U.S. Budget Deficit Really That Bad?
As you can see in the link, the federal deficit was decreasing when the GOP took over Congress. Trump has since DOUBLED it.
They wouldn't do that if it was a healthy economy.
McRocket
Gold Member
- Apr 4, 2018
- 5,031
- 707
- 275
- Banned
- #108
The problem is who we focus on giving the tax cuts to.....Holy shit people are ignorant.
Deficits don’t just happen because person X is in the whitehouse today.
They are mostly composed of existing policies, revenues that are subject to economic state and tax rates.
High deficits in aftermath of Great Recession? DUH
What the fuck do you think happens when your revenues get cut by 25% and you have to pay out unemployment while trying to prop up economy back to life?
Our long term fiscal problems are based on CHRONIC ADDICTION TO TAX-CUTS and baked in spending in need of reforming.
Economy good? Time for another tax-cut!
Economy bad? Oh-oh better pass a tax-cut!
Like a strung out junkie there are always some bullshit rationalizations to not get clean.
Addiction to tax cuts? The problem is spending...not tax cuts.
The federal budget went up - from FY 2008 to FY 2018 from $3 trillion to $4 trillion. That is a 33% increase - far above the inflation rate for that period.
The reason for massive deficits is too much spending...period.
It is delusional to continue to give huge "permanent" tax cuts and tax loopholes to the wealthy when most of those tax cuts will not go back into the economy.
It is better to focus the bulk of those tax cuts at the middle class because in most cases -- 100% of that money goes back into the economy which creates something smart people call "the multiplier effect"
that is why when so-called Wall Street titans (like the real life Gordon Gekko...) -- shock their wallsteet pundit sycophants by telling the truth to their face on National TV...you never see them invited back again.....
I do not agree with trickle down economics AT ALL. But I don't believe in punishing the wealthy either with these silly 70% tax rates (which only bring in about $15 billion a year anyway).
I say cut taxes to the poor and middle class and make capital gains tax rates IDENTICAL to income tax rates.
I almost never read about this and yet people keep going on about taxing the rich more. If you really want to hurt the rich, get 'em with capital gains, not income (the mega rich make almost nothing in income).
But spending cuts are ESSENTIAL - from both the social AND the military side (mostly the latter). Spending is completely out of control.
I will NEVER agree to solving a $1 trillion deficit with tax increases.
- Jun 4, 2011
- 33,597
- 7,094
- 1,130
I love these posts.....from people who didn't care about debt......lets gut social welfare programs....and fix that debt....oh wait we'll need to reform entitlements as well........lets do this!US national debt reaches a new high under Trump - CNNPolitics
US national debt reaches a new high under Trump - CNNPolitics
Jan 4, 2019 - The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, ...
Trump says debt crisis after presidency OK as 'I won't be here': report ...
Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then
Dec 6, 2018 - US debt stands at about $21 trillion, and the federal government is ...Trump is reportedly not worried about a massive US debt crisis as he'll be ..
- Jun 4, 2011
- 33,597
- 7,094
- 1,130
Yep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?Which President Increased U.S. Debt the Most?Link to your data, please.US national debt reaches a new high under Trump - CNNPolitics
US national debt reaches a new high under Trump - CNNPolitics
Jan 4, 2019 - The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, ...
Trump says debt crisis after presidency OK as 'I won't be here': report ...
Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then
Dec 6, 2018 - US debt stands at about $21 trillion, and the federal government is ...Trump is reportedly not worried about a massive US debt crisis as he'll be ..
Gee, how did it get so high?
Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.
· FY 2017 - $672 billion.
· FY 2016 - $1.423 trillion.
· FY 2015 - $327 billion.
· FY 2014 - $1.086 trillion.
· FY 2013 - $672 billion.
· FY 2012 - $1.276 trillion.
· FY 2011 - $1.229 trillion.
· FY 2010 - $1.652 trillion.
Is the U.S. Budget Deficit Really That Bad?
As you can see in the link, the federal deficit was decreasing when the GOP took over Congress. Trump has since DOUBLED it.
They wouldn't do that if it was a healthy economy.
But the come away of most republicans is that its those damn poor people who caused all this....and that is profoundly wrong......if you want to blame both parties, that is fine; so therefore what is the policy you support that will address all of the out of control scamming by the financial sector?First I want to thank you for actually presenting your rationale' for opposing the premise that the CRA led to the "Great Recession". I hate when lazy posters just opine on the matter w/o any rationale'. (not to name names g___)I know conservatives like to blame all of their own fuck-ups on poor people --- but no, the CRA DID NOT cause the mortgage crisis...This bullshit has been debunked over and over again (just like trickle down economics) -- but idiots like yourself keep pushing it...You should kiss Obama's ass He dug us out of another republican, GWBs, shitstormThanks, Obama!
Research the Community Reinvestment Act, where Bubba Clinton signed a Bill that forced banks to give mortgages to the unqualified, backed by the Federal government. When the mortgages went belly-up the shit storm hit....Bush didn't create the shit storm mess, it just hit on his watch....
Community Reinvestment Act - Wikipedia
The CRA has been around since the 1970's -- the shit you are complaining about with Clinton happened in the 90's -- but what you idiots either intentionally leave out or are just too stupid to know is -- less than 10% of those "poor people" subprime loans even qualified for CRA credit -- however, this is what republicans won't talk about... out-of-control securitization and derivatives markets.... what about the "Gramm-Leach-Bliley Act", which repealed the Depression-era wall between commercial banks and investment banks...How about the Commodity Futures Modernization Act of 2000, which allowed shady wallstreet tricks such as credit default swaps which is what really crashed the financial system.
But its more fun to just blame it on poor people; that way we can crack down on them and continue to let the other shit that actually caused the crash to continue..Trump lovers will always vote against their best interests if they think it means they are voting against people they think they are better than (poor people) -- even if they are one of them...
Low-income loans didn't cause the financial crisis
I believe the "Great Recession" was caused by a combination of factors and not just one, the movie "Too Big To Fail" gives a credible explanation for the sequence of events.
These articles provide a very clear explanation how the CRA evolved, and in conjunction with other stupid laws created the "Great Recession".
Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending
Clinton Housing Policy Wrecked Economy, Not 1% | Investor's Business Daily
Kudlow: Are the Clintons the real housing crash villains?
Both parties are to blame for the Great Recession to some degree, we can debate which one gets the lions share of the blame.
Bring back Glass-Steagall, I don't care what the experts say, banks need better risk management along with stress tests.
Glass–Steagall legislation - Wikipedia
- Thread starter
- #112
Beg pardon gator No one says Dems can't do anything wrong They sure can ,,,,But imho the wrongs the republicans do far outweigh what the dems do and now the repubs put a vile pos in our WH Is that Partisan?US national debt reaches a new high under Trump - CNNPolitics
US national debt reaches a new high under Trump - CNNPolitics
Jan 4, 2019 - The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, ...
Trump says debt crisis after presidency OK as 'I won't be here': report ...
Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then
Dec 6, 2018 - US debt stands at about $21 trillion, and the federal government is ...Trump is reportedly not worried about a massive US debt crisis as he'll be ..
Gee, how did it get so high?
Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.
· FY 2017 - $672 billion.
· FY 2016 - $1.423 trillion.
· FY 2015 - $327 billion.
· FY 2014 - $1.086 trillion.
· FY 2013 - $672 billion.
· FY 2012 - $1.276 trillion.
· FY 2011 - $1.229 trillion.
· FY 2010 - $1.652 trillion.
You left out Bush II adding 101% from the end of Clinton's last budget FY.
and you left off Trump adding 1.48 trillion dollars in CY18 during a booming economy.
Funny how people like you only blame one side.
Gee, how far back do you want to go? And it sure seems the OP addressed Trumps increase. How about paying attention...dumbass.
The OP is just as much a partisan sheep as you are. it is always just one parties fault with the sheep, their party can never do any thing wrong.
Astrostar
Diamond Member
- Jul 21, 2017
- 2,938
- 3,843
- 1,940
Maybe, but it took President Obama to fix it. Trump should thank him for that.You should kiss Obama's ass He dug us out of another republican, GWBs, shitstormThanks, Obama!
Research the Community Reinvestment Act, where Bubba Clinton signed a Bill that forced banks to give mortgages to the unqualified, backed by the Federal government. When the mortgages went belly-up the shit storm hit....Bush didn't create the shit storm mess, it just hit on his watch....
Community Reinvestment Act - Wikipedia
P.S. And we better hope that Trump doesn't screw up the present economy, because he has no skills to fix it.
- Thread starter
- #114
Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?Which President Increased U.S. Debt the Most?Link to your data, please.Gee, how did it get so high?
Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.
· FY 2017 - $672 billion.
· FY 2016 - $1.423 trillion.
· FY 2015 - $327 billion.
· FY 2014 - $1.086 trillion.
· FY 2013 - $672 billion.
· FY 2012 - $1.276 trillion.
· FY 2011 - $1.229 trillion.
· FY 2010 - $1.652 trillion.
Is the U.S. Budget Deficit Really That Bad?
As you can see in the link, the federal deficit was decreasing when the GOP took over Congress. Trump has since DOUBLED it.
They wouldn't do that if it was a healthy economy.
You're deflecting from the posts.....nearly 8 years of fed rate where they were.....even after the the recession was over.Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?Which President Increased U.S. Debt the Most?Link to your data, please.
Is the U.S. Budget Deficit Really That Bad?
As you can see in the link, the federal deficit was decreasing when the GOP took over Congress. Trump has since DOUBLED it.
They wouldn't do that if it was a healthy economy.
Obama ran up our debt by nearly 10 trillion dollars.....and not a peep from you. You were spoon fed what to think from your masters, Ed.
- Thread starter
- #116
OH ??? When the recession was over the 800,000 that lost jobs under GWB in JUST HIS LAST MONTH went back to work and all the millions of others did too??? I didn't know thatYou're deflecting from the posts.....nearly 8 years of fed rate where they were.....even after the the recession was over.Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?
They wouldn't do that if it was a healthy economy.
Obama ran up our debt by nearly 10 trillion dollars.....and not a peep from you. You were spoon fed what to think from your masters, Ed.
- Jun 4, 2011
- 33,597
- 7,094
- 1,130
OH ??? When the recession was over the 800,000 that lost jobs under GWB in JUST HIS LAST MONTH went back to work and all the millions of others did too??? I didn't know thatYou're deflecting from the posts.....nearly 8 years of fed rate where they were.....even after the the recession was over.Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?
They wouldn't do that if it was a healthy economy.
Obama ran up our debt by nearly 10 trillion dollars.....and not a peep from you. You were spoon fed what to think from your masters, Ed.
it's easy, just stop loaning to people who can't pay.....prevents the meltdown.
Neighborhood of 10 TRILLION DOLLARS?OH ??? When the recession was over the 800,000 that lost jobs under GWB in JUST HIS LAST MONTH went back to work and all the millions of others did too??? I didn't know thatYou're deflecting from the posts.....nearly 8 years of fed rate where they were.....even after the the recession was over.Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?Which president inherited a recession that was almost a depression??? Which one was given a healthy economy?
They wouldn't do that if it was a healthy economy.
Obama ran up our debt by nearly 10 trillion dollars.....and not a peep from you. You were spoon fed what to think from your masters, Ed.
The Feds infused over 4 trillion to prop up the economy over 8 years, Ed.
Obama's economy wasn't that strong, it was anemic.
Now go get your talking points from your masters.
- Jun 4, 2011
- 33,597
- 7,094
- 1,130
He needs to read thisNeighborhood of 10 TRILLION DOLLARS?OH ??? When the recession was over the 800,000 that lost jobs under GWB in JUST HIS LAST MONTH went back to work and all the millions of others did too??? I didn't know thatYou're deflecting from the posts.....nearly 8 years of fed rate where they were.....even after the the recession was over.Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?
They wouldn't do that if it was a healthy economy.
Obama ran up our debt by nearly 10 trillion dollars.....and not a peep from you. You were spoon fed what to think from your masters, Ed.
The Feds infused over 4 trillion to prop up the economy over 8 years, Ed.
Obama's economy wasn't that strong, it was anemic.
Now go get your talking points from your masters.
Quantitative easing - Wikipedia
I'm just trying to help....its up to him to open his mind
- Thread starter
- #120
Seems to me young man you get a few talking points from yours Obama left the POS trump an upwards rising economy Considerably better than what the Republican left himNeighborhood of 10 TRILLION DOLLARS?OH ??? When the recession was over the 800,000 that lost jobs under GWB in JUST HIS LAST MONTH went back to work and all the millions of others did too??? I didn't know thatYou're deflecting from the posts.....nearly 8 years of fed rate where they were.....even after the the recession was over.Might have kept us out of depression Sometimes with you braying republican coyotes I wish a depression on you Like I said before ,you should be kissing Obama's ass instead of bashing himYep 0 interest rates and QE (ie printing money) was how they kept Obama from looking bad.......his policies were attrociousIf it was so healthy, why did the fed reserve keep lending rates at near 0 nearly the entire Obama presidency?
They wouldn't do that if it was a healthy economy.
Obama ran up our debt by nearly 10 trillion dollars.....and not a peep from you. You were spoon fed what to think from your masters, Ed.
The Feds infused over 4 trillion to prop up the economy over 8 years, Ed.
Obama's economy wasn't that strong, it was anemic.
Now go get your talking points from your masters.
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