Started By
Message
locked post

Deficits are up. How is this conservatism?

Posted on 3/6/19 at 10:49 am
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37110 posts
Posted on 3/6/19 at 10:49 am
LINK

quote:

The federal government recorded a budget surplus in January. But so far this budget year, the total deficit is 77 percent higher than the same period a year ago. The Treasury Department said Tuesday that the deficit for the first four months of this budget year, which began Oct. 1, totaled $310.3 billion. That's up from a deficit of $175.7 billion in the same period a year ago. The surplus in January was $8.7 billion.


For those of you who may be excited about the January surplus...

quote:

The $8.7 billion surplus in January was down from a larger $49.2 billion surplus in January 2018. January, a month when both individuals and corporations make tax payments, has run surpluses in 26 of the past 65 years.


Oh, and for those of you who are fans of trickle-down economics, and the idea that lowering tax rates will somehow increase total tax revenue due to more money being available to drive sales:

quote:

From October through January, government revenues total $1.11 trillion, down 1.7 percent from the same period a year ago. Government spending totals $1.15 trillion, up 8.8 percent from the same period a year ago.


So the tax cuts are having a net reduction on federal revenue. Which is fine, I'm fully supportive of lesser federal revenues.

But not only is spending not being cut to compensate, spending is up 8.8 percent.

How can anyone who calls themselves a conservative - Trump Variety or RINO Variety or Establishment Variety - be ok with this? How in the hell are we not cutting spending?
Posted by ocelot4ark
Dallas, TX
Member since Oct 2009
12458 posts
Posted on 3/6/19 at 10:51 am to
It's not conservativism. They'll have no answer. They don't have principles. They're hypocrites. They will call you names.
Posted by NIH
Member since Aug 2008
112670 posts
Posted on 3/6/19 at 10:51 am to
Neither side has the political will to gut entitlements and the military industrial complex has made itself relatively untouchable. In short, we're fricked.
Posted by moloz
The North Shore
Member since Oct 2013
375 posts
Posted on 3/6/19 at 10:51 am to
quote:

How in the hell are we not cutting spending?


You serious, Clark?
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78669 posts
Posted on 3/6/19 at 10:51 am to
Ok cut the deficit. You have my permission.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47613 posts
Posted on 3/6/19 at 10:51 am to
NB4 But...Obama.....
Posted by Zach
Gizmonic Institute
Member since May 2005
112495 posts
Posted on 3/6/19 at 10:52 am to
NBC, therefore a lie.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/6/19 at 10:52 am to
apparently most of us were always full of shite when pretending that mattered
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37110 posts
Posted on 3/6/19 at 10:53 am to
quote:

NBC, therefore a lie.


Facts are facts, Zach. Don't shoot the messenger. Read the article, the numbers are what they are.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/6/19 at 10:54 am to
quote:

quote:
How in the hell are we not cutting spending?
--------------------------------------------------
You serious, Clark?

that's a strange reaction.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30580 posts
Posted on 3/6/19 at 10:55 am to
How is Trump supposed to reduce spending by himself? Congress controls the purse. Congress makes all decisions based on money. Executive branch is supposed to enforce it, right? Isn’t that exactly what all you leftists were spouting off about last week with the ED?
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29179 posts
Posted on 3/6/19 at 10:55 am to
Congress has the power of the purse.
Posted by jawnybnsc
Greer, SC
Member since Dec 2016
4976 posts
Posted on 3/6/19 at 10:56 am to
Democrats proposing any spending cuts?
No?
Didn't think so.
Posted by jrodLSUke
Premium
Member since Jan 2011
22184 posts
Posted on 3/6/19 at 10:56 am to
quote:

Neither side has the political will to gut entitlements and the military industrial complex has made itself relatively untouchable. In short, we're fricked.

Yep, and if you are looking to place blame, start with the American voting public. Voters have no interest in supporting Congressmen willing to reduce the deficit. They control the purse, and it's a losing position at the polls.
Posted by NIH
Member since Aug 2008
112670 posts
Posted on 3/6/19 at 10:56 am to
this was FDR's grand plan decades and decades ago


Even Republican voters would squirm at the thought of cutting social security / medicare / etc.

On top of that, feeding our giant MIC is seen as patriotic

good luck getting votes while stating you want to gut either
Posted by deathvalleytiger10
Member since Sep 2009
7598 posts
Posted on 3/6/19 at 10:56 am to
quote:

How can anyone who calls themselves a conservative - Trump Variety or RINO Variety or Establishment Variety - be ok with this?


Conservative, Trump supporter here. But, doesn't matter who has the purse strings or who is in charge, I do not like the spending of the federal govt.
Posted by 995webmaster
New Orleans
Member since Dec 2007
3780 posts
Posted on 3/6/19 at 10:57 am to
quote:

How is this conservatism?


It's not conservatism, it's Trumpism, whose short term goals occasionally coincide with conservatism. Except where it doesn't, as in the case of deficits, free trade, international relations, sexual probity, humility before God, etc.
Posted by NIH
Member since Aug 2008
112670 posts
Posted on 3/6/19 at 10:57 am to
are you conservative?
Posted by Zach
Gizmonic Institute
Member since May 2005
112495 posts
Posted on 3/6/19 at 10:58 am to
quote:

Facts are facts, Zach. Don't shoot the messenger. Read the article, the numbers are what they are.


NBC does not deal in facts. Liars are what they are.
Posted by jawnybnsc
Greer, SC
Member since Dec 2016
4976 posts
Posted on 3/6/19 at 10:59 am to
quote:

It's not conservativism. They'll have no answer. They don't have principles. They're hypocrites. They will call you names.


Help us out here, smart guy. Conservatism would be raising taxes in order to increase revenues (which of course NEVER MATERIALIZES) so that we can continue to INCREASE government spending in perpetuity?

Or maybe conservatism would be to just, you know, get the money somehow. Or print it. Who cares about the details?

Educate us!
Jump to page
Page 1 2 3 4 5 ... 10
Jump to page
first pageprev pagePage 1 of 10Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram