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The Dims are largely honest about their desire to spend money and a bit less honest about their socialist inclinations. But it’s obvious enough. It’s the foundation for their “redistribution of wealth” philosophy.That is one thing you have to give the Dems, they are open about their desire to spend money. The Repubs talk a great game on the campaign trail and then BOOOM there goes the deficit
But the democrats are not so open about how to pay for their spending, are they?
Trump's deficits in his 4 years were as high as they were due to one thing and one thing only: the democrat's requirement to spend more than the GOP wanted to or they wouldn't agree to anything.
It’s of little matter how low interest rates are currently, as we’d still lose long-term.
The Dims are largely honest about their desire to spend money and a bit less honest about their socialist inclinations. But it’s obvious enough. It’s the foundation for their “redistribution of wealth” philosophy.
When it comes to fighting to oppose the Dim efforts, the GOP is all but worthless.
The Dims are largely honest about their desire to spend money and a bit less honest about their socialist inclinations. But it’s obvious enough. It’s the foundation for their “redistribution of wealth” philosophy.
When it comes to fighting to oppose the Dim efforts, the GOP is all but worthless.
Big fat lie.
Sounds lovely GG as an idea on paper, but the true reality of the fact of the matter of this never-ending situation of such preponderous proportions of excess porkage making it excessively worse by constant horse trading for votes….verbose? Surely not! Fully aware of my flaws, one of many.Stop putting them into office if they do not go along with the plan for reducing the debt and then staying within a real budget without adding more debt.
They are our employees, they work for us. What normally happens to an employee that does not do what you hired them to do....you fire them.
That is how we make it happen. As it stands, Congress has an approval rating around 20% and a 90%+ reelection rate. Those two things make no sense at all together.
Nope sorry, Trump and the GOP do not get a free pass. This is why we have 29 trillion in debt, you all always give your side a free pass and blame it on the Dems. It takes two to tango and it takes two parties to hit 29 trillion.
Show me one budget request from Trump that was smaller than the one the year before.
1) Yes.....The longer the better."When it comes to fighting to oppose the Dim efforts, the GOP is all but worthless."
Are you okay with a govt shutdown that may last a very long time? Who do you think would get the blame for that, especially when Trump was in office?
Not in the least.Aren't they kind of doing a pretty decent job opposing the democrats so far this year?
There is a time for debt, and there is a time to reduce that debt. At the moment, it is a time for debt. When Bush Jr. was elected, it was a time to reduce that debt. When Reagan was elected, it was a time to reduce that debt. When Trump was elected, it was time to reduce that debt. Funny thing is, Republicans usually gain victories in a time when debt should be reduced, but instead of reducing the debt they give the money away in the form of tax cuts. That has much to do with the short-term thinking of the electorate. But it has more to do with politicians courting that short-term thinking with an argument akin to "I like pie".Gee. I see you’re engaged. But, all I see is the asking of questions by you . Let’s explore your ideas, shall we?
What could we do to persuade our federal legislators to vote for reducing the debt and then staying within a real budget without adding more debt? Go!
You are hopelessThey would have if the Dims weren't allies of Mexico and enemies of the USA.
I would have them articulate the fraud implicit in massive deficit spending. I would have them articulate the crucial necessity for preparing honest balanced budgets. I would have them agree to pay the yearly interest due in time as a first step. I would then have them bind themselves to paying down as much principle as possible consistent with our other budgetary needs —before “spending” any other money. I would have them agree to zero new fake debt ceilings."When it comes to fighting to oppose the Dim efforts, the GOP is all but worthless."
So what would you have them do? Are you okay with a govt shutdown that may last a very long time? Who do you think would get the blame for that, especially when Trump was in office? Aren't they kind of doing a pretty decent job opposing the democrats so far this year? The repubs and the dems agred on a bipartisan spending bill earlier this year, do you think that was worthless? What do you think could have happened if they had said no to everything the dems wanted to do? That would kinda leave Manchin and Sinema high and dry, no? Maybe the dems would have gotten their support for a much larger bill, since there was nothing else on the table. Mabe a few asshole RINOs too.
Same deal when the GOP agreed on a one-time good deal to extend the debt ceiling by what 6 or 8 weeks? BFD, the dems now totally own all that spending their doing and that is going to hurt them badly come next November. I don't call that worthless either.
Any politician that advocates balanced budgets, like the balanced budget amendment, could not have passed Econ 101 and should never be allowed anywhere near the budgeting process.Obviously one partial method is to avoid the electing of some of these morons. Accordingly, I don’t vote Democrat.
I also try to scope out the candidates who do propose reducing the debt and going for balanced budgets. Of course, nothing is simple. We have only limited choices. (This is not an invitation to yak about 3P. There’s a thread for that.)
Here's my tally for the last 5 yearsNope it is a cold hard fact. Above is debt added by POTUS, the GOP is just as bad as the Dems
Why the hell should the government lower spending when taxes are being cut? I thought when you cut taxes you got more revenue. You guys really don't think things through, and you sure as hell are not consistent. Besides, it seems rather shallow to blame Democrats for spending when Republicans controlled both the legislative and executive branches of government.Compared to the democrats they sure as hell are. Trump's deficits wouldn't have been nearly so bad if the democrats had agreed to the lower spending that the GOP wanted. But everytime a spending bill came up, it was the democrats who wanted twice as much as the Repubs and you know damn well that is true. In order to get anything done, Trump and the GOP did agree to higher spending than they wanted, and most of the fiscally conservatives hated that, but that's politics - you have give a little to get a little. Everytime, who is it that wants less spending and who is it that wants more?
You can claim that the GOP is not as fiscally responsible as they should be, but compared to the democrats they are fucking Ebeneezer Scrooge.
Interesting question though: should the GOP hold the line on fiscally responsible spending if it means shutting down the gov't? And probably getting their asses waxes in the next election?
Trump not know how to sign his name?Here's my tally for the last 5 years
- 2017 - status quo budget. $671 Billion. I'll give Trump all of the since Repubs controlled all three branches of government.
- 2018 - This is the compromise that Trump agreed to for his increase in military spending. He got a $40 billion increase in military spending in exchange for a $650 billion increase in social spending. I give 80 % of this deficit to the Democrats.
- 2019 - This is where Congress passed the "COVID stimulus." All give Trump the blame for half of it. The totally deficit was $1.362 trillion.
- 2020 - Congress pass another stimulus. Trump didn't want it. Democrats then passed another stimulus. Total Dim stimulus? $3 trillion The Dim Congress then passed a $5 trillion infrastructure bill.
Total Dim deficit spending? $10.5 trillion.
Total Trump deficit $2.0 trillion
5:1 ratio of deficit spending.
There is a current claim, repeated by the media, that our national debt is $28.08 TRILLION.
View attachment 569687
At this point and noting the accelerating rate of deficit spending, the proportion of payment of just interest on the debt to “revenues” is unquestionably going to become much much larger. Like a person who can’t handle their own household budget, the government will “borrow” ever more just to pay interest. Of course, the government will probably in just “print” money but this makes each dollar increasingly less valuable. (And some will tell us that inflation isn’t a big deal.
Now consider, the $28 TRILLION DEBT figure is phony. It doesn’t include unfunded mandates like pensions. Anyone care to take a stab at THAT one?
You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion
The federal unfunded liabilities are catastrophic for future taxpayers and economic growth.www.forbes.com
I know that most liberals and progressives and economic authorities like AOC will dismiss this as pure right wing hysteria, but for reasonable people, I suggest that our addiction to spending and debt and deficit spending is the most urgent problem we face as a nation.
There is a time for debt. I have acknowledged as much. But there is no good time for massive deficit spending outside of a dire emergency (like a threat of being hit by an asteroid).There is a time for debt, and there is a time to reduce that debt. At the moment, it is a time for debt. When Bush Jr. was elected, it was a time to reduce that debt. When Reagan was elected, it was a time to reduce that debt. When Trump was elected, it was time to reduce that debt. Funny thing is, Republicans usually gain victories in a time when debt should be reduced, but instead of reducing the debt they give the money away in the form of tax cuts. That has much to do with the short-term thinking of the electorate. But it has more to do with politicians courting that short-term thinking with an argument akin to "I like pie".
In fact, funny story, some of the best financial minds in the world were spending their time playing Runescape in 2000, mostly mining meteors. I started a trend, players would go around and say to each other, "I like pie". It was so comical that it became a meme within the game.
But let's make this personal and use an example. Five years ago my son walked across the stage to graduate from college over $200,000 in debt. His only possession worth anything was an old Chrysler that he got from his grandmother. But that debt included college loans and a mortgage that he signed the week before he graduated. Today, he has a net worth in excess of half a million dollars. He went from a net worth of negative $200,000 to a positive half million in five years. He did it by properly using debt. The government can do the same thing with real discipline and bipartisan efforts.
What’s your opinion about the CBO, how honest of an interpretation did they publicly release, overall? It seemed like they didn’t like BBB from what I’ve read. Regardless of Manchin’s personal and state’s needs, it seemed more than reasonable to wait (like he did) for their study to post last Friday?But the democrats are not so open about how to pay for their spending, are they? They use accounting tricks to show 10 years' worth of taxes for 3 years' worth of spending and then claim it's paid for. BULLSHIT! Trump's deficits in his 4 years were as high as they were due to one thing and one thing only: the democrat's requirement to spend more than the GOP wanted to or they wouldn't agree to anything.
