The budget is largely written by the OMB from presidential guidelines. Congress must pass this budget but the final product is usually within 5% of that presented by the president. It is much too long and complicated for Congress to actually do most of the work; and, 70% of the budget is mandatory spending entitlements (Social Security, Medicare) which Congress does not determine annually.
The U.S. national debt exceeded $33 trillion for the first time ever
- Thread starter ptif219
- Start date
The budget is largely written by the OMB from presidential guidelines. Congress must pass this budget but the final product is usually within 5% of that presented by the president. It is much too long and complicated for Congress to actually do most of the work; and, 70% of the budget is mandatory spending entitlements (Social Security, Medicare) which Congress does not determine annually.
It really is not a thing. Lack of flexibility is a real thing, but overspecialization is not. Drilling down deep into a topic teaches you how to drill down deep into another topic. The skills transfer well.
I have learned that, over and over again, as I flip from extreme specialization to extreme specialization.
I suppose we have different views on bankers. Successful people are grateful for loans that allow them to be successful, and do not begrudge the banks getting paid back their money with interest. Failures whine about how no fair it is that the banks want their money back.
Kamala Trump
Verified User
bankers sold loans they knew would explode and paid off the ratings agency to leave it triple aaa.
they did this knowing they would be bailed out by taxpayers.
this is textbook fascism and it;s quite evil.
Into the Night
Verified User
Blatant lie.
Into the Night
Verified User
There is no such thing as a 'pre-industrial' economics. You just want to deny economics.
Into the Night
Verified User
Wrong. You are making up numbers again. Congress determines the budget annually.
WALT lies constantly, he/she/whatever is a disinformation specialist.
I've been right about everything and you've been wrong.
Not one single Conservative policy success.
Just a lot of whining and bitching.
That has never once happened in the history of tax cuts.
Revenue has never increased following a tax cut.
Never.
Not once.
Not ever.
Sure I do! The last 43 years of tax cuts have not once produced an economy that grows consistently and in fact, after tax increases the economy grows better.
That's why Obama had the longest bull market and the longest streak of job creation ever...and before him, it was Clinton who achieved all that.
Conservatives have never left office with an economy in better shape than when they found it.
We have tons of things to show for the money the government has spent including Medicare, Social Security, Obamacare, highways, ports, national parks, food inspectors, and our military.
Tax cuts have not produced a single thing, and you have nothing to show for tax cuts other than debt because all tax cuts do is cause debt.
And furthermore, cutting taxes does not result in more money in consumers' pockets because every time taxes are cut, household debt skyrockets and personal savings decline.
So your dogma fails, like everything Conservatives do.
If tax cuts somehow magically result in more money in consumers' pockets then why has household debt increased and personal savings declined? Shouldn't the opposite be the case, according to your dogma?
As usual you're completely wrong because the data isn't on your side because of how incredibly fucking stupid you are.
You lose again because the facts are never on your side.
What are you talking about?
We have plenty of Christianity, that's the problem. Christianity doesn't accept facts or science, and that's why Conservatism always fails.
Merely saying two things doesn't mean they are connected.
You need to connect the actions of the two things together, which is not something you've done.
Conservatism has no merits...you can't even think of one.
You have never answered that question. Instead, you lie that you have before and fall into your fallacy trap because you ran out of things to argue.
Yes you did...you said that a democracy is by majority vote, and representatives are chosen in our Republic by a majority vote.
So you tried to sound smart by saying the US is a Republic, but you sound dumb because you can't remember what you previously said thanks to your long COVID brain.
You JUST SAID that a democracy is merely government by majority vote, which is how our government is organized.
Are you even an American?
Then I guess you're a socialist!
But you don't actually believe that because if you did, you would have done something about it on 1/6 instead of hiding out here switching between your socks.
Nope, you said that the 2020 election was stolen, but weirdly you did nothing about it on the one day you could have.
You spread the lie for two months that the 2020 election was stolen, but then on 1/6 you hid out here on JPP.
Why? Didn't you believe the election was stolen? If you did, how come you hid out here on 1/6?
You are the one who believes cutting taxes increases revenue and consumer spending when there is no data to support that.
Prove it.
Which is what you just did in the previous line.
I'm just trying to figure out who taught you economics since you make up terms.