There Is Simply Not Enough Revenue. The Deficit Is Too Large. Debt Is Out Of Control.

Simplistic solutions!

The reason Donald Trump got elected.

He has plenty...and the people who voted for him love them.
 
Hello Frank,

Frank Apisa said:
You just fucking made something up again...

...and you obscured it by not identifying what the hell you are talking about.

Take a look at the two statements...and you will see they are worlds apart.

Jesus...I hope I have not been wrong in thinking you are intelligent enough for a conversation of this depth. You are making me wonder.

FOR THE RECORD; The congress can decide what the government should be spending money for.

THEY CAN DO THAT.

That IS NOT EQUAL TO ""you think that the Constitutions gives the government the power to do whatever it wants to do."

Your characterization of what I said...IT TOTAL HORSESHIT.

Now...grow the balls to acknowledge that...or continue to be a horse's ass.

Your choice.
Click to expand...

OK, what I see is you mouthing off at Gunny2009 as he respectfully lays out his beliefs in a manner of civil discourse.

You want to claim 'everybody is doing it,' but clearly, what we see here is you doing it as your opponent keeps his cool.
 
PoliTalker said:
Hello Frank,



OK, what I see is you mouthing off at Gunny2009 as he respectfully lays out his beliefs in a manner of civil discourse.

You want to claim 'everybody is doing it,' but clearly, what we see here is you doing it as your opponent keeps his cool.
Click to expand...

Okay.

You really ought to share that with someone who cares what you see happening.
 
Gunny2009 said:
If the congress can decide what the government should be spending money for, then there there is no limit to what the government can do, as long as congress decides they should be spending money on it
Click to expand...

Correct. Which is why it is so important to vote for a fiscally responsible Congress instead of somebody who is just an NRA shill.
 
Hello Heff,

Heff said:
Well, that's not really true, is it?

"President Obama had the largest deficits. By the end of his final budget, FY 2017, his deficits were $6.690 trillion. Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add the $787 billion economic stimulus package to Bush’s FY 2009 budget. This added $253 billion to the FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms."

https://www.thebalance.com/deficit-by-president-what-budget-deficits-hide-3306151

"There are two ways to look at the U.S. budget deficit when determining which president has run the largest deficit. The first is to look at each president's term or terms in office, total the deficits run over the course of their four or eight years, and base your conclusions on those numbers. According to this method, Barack Obama's budget deficit was $6.69 trillion over his eight years, making him the president with the largest budget deficit. George W. Bush is second, with a deficit of $3.29 trillion over his eight years. Ronald Reagan is third at $1.412 trillion deficit in eight years, and George H.W. Bush comes in fourth with a $1.03 trillion deficit in his single term."

https://www.investopedia.com/ask/an...esidents-have-run-largest-budget-deficits.asp
Click to expand...

What a ridiculous comparison. None of those other Presidents besides President Obama had to deal with The Great Recession. The Great Recession was the worst economic downturn since the Great Depression. Any economist will tell you a recession runs the debt up. We were VERY LUCKY President Obama guided us through that with the stimulus (which worked - the economy has recovered!) Nobody wanted to spend more at a time when we already had so much spending to support the safety net, and also suffered reduced revenue because of all the unemployment. But that was what we had to do to create more jobs. And it worked.

Another way to look at the deficit is the amount of it each year, which got lower and lower as the economy recovered under President Obama's careful guidance. The CBO predicted there would be insufficient revenue with the Trump tax cut for the rich, and that is exactly what we are seeing. Republicans claimed the growing economy would generate more than enough revenue to supplant that which was lost by reduced tax rates for the rich, BUT THAT HAS NOT HAPPENED.
 
Hello and welcome distraff,

distraff said:
What about eliminate the 700 billion we spend on welfare?
Click to expand...

Would cause a recession, possibly a depression. All those people who take that money and spend it would not be spending it any more. GDP would fall like a rock.
 
PoliTalker said:
Correct. Which is why it is so important to vote for a fiscally responsible Congress instead of somebody who is just an NRA shill.
Click to expand...


That does not ever happen though, both sides vote for those that will spend money on what they want it spent on.

We have not had a fiscally responsible president since a guy named Calvin lived in the White House, and I am not even sure Congress was back then.
 
PoliTalker said:
Hello Gunny2009,



What should they do? Shoot anybody who tries to come in illegally?

Are you prepared to let Al Qaeda take over Afghanistan? I wonder if they would do a good job of keep ISIS at bay.
Click to expand...

Yes, they should.

Al Qaeda has already taken over Afghanistan, we are sacrificing our troops for nothing. The day we leave it will be back to what it was when we got there.

Al Qaeda is ISIS and ISIS is Al Qaeda. AQ morphed into ISIS when it was beaten down and now ISIS is morphing back to AQ.
 
Hello Frank,

Frank Apisa said:
Okay.

You really ought to share that with someone who cares what you see happening.
Click to expand...

I wouldn't expect you to instantly change your habits or instantly admit that you should. That takes time and desire. I was hoping to get you to consider that the justification used for these habits is possibly flawed. And I also would not expect you to quickly admit that either or express thanks for me pointing it out. And maybe you will never decide to change. That has to come from you, of course. I do hope that others who are reading this more objectively will recognize that I have a point. What you do with it is up to you. I'm not trying to be mean. Just making an observation.

I wonder. Would you be participating in this thread if I had begun it in APP?

That could be quite problematic.

Maybe the next time I come up with a popular thread it will be in APP.

If so, I wouldn't take anybody off Ignore, nor respond to them, but I might consider using no ban list.
 
PoliTalker said:
Hello and welcome distraff,



Would cause a recession, possibly a depression. All those people who take that money and spend it would not be spending it any more. GDP would fall like a rock.
Click to expand...

Thanks for the welcome. Cutting the deficit in any way by 700 billion in one year would cause a recession. Its better to slowly scale back over time. Maybe cut 50 billion per year. Its a good time to do it, we have a high deficit, and the economy is good. Cutting the deficit will slow economic growth in the short-term but it pays to have less debt in the long term.
 
Gunny2009 said:
That does not ever happen though, both sides vote for those that will spend money on what they want it spent on.

We have not had a fiscally responsible president since a guy named Calvin lived in the White House, and I am not even sure Congress was back then.
Click to expand...

Actually, Clinton and Obama were both very fiscally responsible.
 
PoliTalker said:
Hello Frank,



I wouldn't expect you to instantly change your habits or instantly admit that you should. That takes time and desire. I was hoping to get you to consider that the justification used for these habits is possibly flawed. And I also would not expect you to quickly admit that either or express thanks for me pointing it out. And maybe you will never decide to change. That has to come from you, of course. I do hope that others who are reading this more objectively will recognize that I have a point. What you do with it is up to you. I'm not trying to be mean. Just making an observation.

I wonder. Would you be participating in this thread if I had begun it in APP?

That could be quite problematic.

Maybe the next time I come up with a popular thread it will be in APP.

If so, I wouldn't take anybody off Ignore, nor respond to them, but I might consider using no ban list.
Click to expand...

Do whatever you want, Poli.

I think you are completely full of shit on your assessment of what is happening here...but you have that right.

You have a tendency to think your considerations are above reproach.

I disagree with your thoughts on that.
 
Hello distraff,

distraff said:
Thanks for the welcome. Cutting the deficit in any way by 700 billion in one year would cause a recession. Its better to slowly scale back over time. Maybe cut 50 billion per year. Its a good time to do it, we have a high deficit, and the economy is good. Cutting the deficit will slow economic growth in the short-term but it pays to have less debt in the long term.
Click to expand...

We certainly agree the deficit is too high. There are two ways to reduce it. More revenue or less spending. Cutting spending is very difficult. If it were easy it would have been done already. Even with both legislative houses and the executive in control of Republicans, they were unable to do it.

The economy was doing very well when Trump took office. There was no need for a tax cut. The tax cut has produced a problem. Not enough revenue. The CBO predicted exactly that. Now it has come true. the solution is obviously to tax the rich more. That will generate more revenue and cut the deficit. There was no recession before the tax cut when we taxed the rich more. Taxing them more now will not cause a recession. It is what we need to do. We need more revenue.
 
Frank Apisa said:
Do whatever you want, Poli.

I think you are completely full of shit on your assessment of what is happening here...but you have that right.

You have a tendency to think your considerations are above reproach.

I disagree with your thoughts on that.
Click to expand...

Did I miss a nasty post by Gunny2009?
 
PoliTalker said:
Actually, Clinton and Obama were both very fiscally responsible.
Click to expand...

Perhaps we have different views on what is fiscally responsible.

I cannot praise Obama for getting the deficit "down" to a mere half a trillion dollars for two short years of his 8

In my household it is not deemed fiscally responsible to spend more than you make except in the case of an emergency and for a short time period.

Clinton did well, he knew how to work with the other party, that was his biggest strength.
 
PoliTalker said:
Hello Heff,



What a ridiculous comparison. None of those other Presidents besides President Obama had to deal with The Great Recession. The Great Recession was the worst economic downturn since the Great Depression. Any economist will tell you a recession runs the debt up. We were VERY LUCKY President Obama guided us through that with the stimulus (which worked - the economy has recovered!) Nobody wanted to spend more at a time when we already had so much spending to support the safety net, and also suffered reduced revenue because of all the unemployment. But that was what we had to do to create more jobs. And it worked.

Another way to look at the deficit is the amount of it each year, which got lower and lower as the economy recovered under President Obama's careful guidance. The CBO predicted there would be insufficient revenue with the Trump tax cut for the rich, and that is exactly what we are seeing. Republicans claimed the growing economy would generate more than enough revenue to supplant that which was lost by reduced tax rates for the rich, BUT THAT HAS NOT HAPPENED.
Click to expand...

I wasn't making a comparison. I was just showing that your statement that "It [the corporate tax rate] actually worked quite well. Up until Trump the deficit was more under control." was demonstrably false and ridiculous.
 
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