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re: The Deficit Has Never Been This High When the Economy Was This Strong

Posted on 8/17/19 at 8:15 am to
Posted by Geauxst Writer
Atlanta
Member since Dec 2015
4960 posts
Posted on 8/17/19 at 8:15 am to
We have a revenue and spending problem of which both parties are guilty of not addressing. I am a proponent of a balanced budget which is a traditional Republican philosophy in which Trump and the Congress is failing miserably on. The massive tax cuts especially for the corporate tax rates and continuation of loop holes has created a revenue shortfall that even a strong economy can’t solve with defense, social security, Medicare, and Medicaid taking up the vast majority of fixed expenditures from my view, We need to up the corporate rate to about 29% and shave significant outlays for non essential programs, and crack down on massive waste with maniacal auditing of every federal dollar appropriated. The deficit is a huge problem.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61368 posts
Posted on 8/17/19 at 8:22 am to
quote:

We have a revenue and spending problem of which both parties are guilty of not addressing. I am a proponent of a balanced budget which is a traditional Republican philosophy in which Trump and the Congress is failing miserably on. The massive tax cuts especially for the corporate tax rates and continuation of loop holes has created a revenue shortfall that even a strong economy can’t solve with defense, social security, Medicare, and Medicaid taking up the vast majority of fixed expenditures from my view, We need to up the corporate rate to about 29% and shave significant outlays for non essential programs, and crack down on massive waste with maniacal auditing of every federal dollar appropriated. The deficit is a huge problem.



You admitted the deficit is a huge problem, then admitted what is the biggest cause of that problem and then proposed solutions that dont address that main cause? What in the blue frick?
Posted by cajuncarguy
On the road...Again!
Member since Jun 2013
3135 posts
Posted on 8/17/19 at 8:23 am to
We have a spending problem.. The revenues to the federal government went up, as the always do, after a tax cut because of increased economic activity.

The problem is spending. It is caused by corruption and greed. And the belief that we Americans need a Big Brother.

What we Americans need is Freedom and Liberty and small government.
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