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LSUFanHouston
LSU Fan
NOLA
Member since Jul 2009
15667 posts
 Online 

Deficits are up. How is this conservatism?
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?


ocelot4ark
Arkansas Fan
Dallas, TX
Member since Oct 2009
11572 posts

re: Deficits are up. How is this conservatism?
It's not conservativism. They'll have no answer. They don't have principles. They're hypocrites. They will call you names.


NIH
LA-Lafayette Fan
Member since Aug 2008
94266 posts
 Online 

re: Deficits are up. How is this conservatism?
Neither side has the political will to gut entitlements and the military industrial complex has made itself relatively untouchable. In short, we're fricked.


moloz
Missouri Fan
The North Shore
Member since Oct 2013
249 posts

re: Deficits are up. How is this conservatism?
quote:

How in the hell are we not cutting spending?


You serious, Clark?


Lsupimp
Colorado Fan
The Mean Streets of Baton Rudge
Member since Nov 2003
58866 posts

re: Deficits are up. How is this conservatism?
Ok cut the deficit. You have my permission.


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262
Green Chili Tiger
LSU Fan
Lurking the Tin Foil Hat Board
Member since Jul 2009
34957 posts

re: Deficits are up. How is this conservatism?
NB4 But...Obama.....


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1630
Zach
LSU Fan
Member since May 2005
94141 posts

re: Deficits are up. How is this conservatism?
NBC, therefore a lie.


90proofprofessional
LSU Fan
Member since Mar 2004
22604 posts

re: Deficits are up. How is this conservatism?
apparently most of us were always full of shite when pretending that mattered


LSUFanHouston
LSU Fan
NOLA
Member since Jul 2009
15667 posts
 Online 

re: Deficits are up. How is this conservatism?
quote:

NBC, therefore a lie.


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


90proofprofessional
LSU Fan
Member since Mar 2004
22604 posts

re: Deficits are up. How is this conservatism?
quote:

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

that's a strange reaction.


Upperdecker
LSU Fan
BR
Member since Nov 2014
17795 posts

re: Deficits are up. How is this conservatism?
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?


TeLeFaWx
SMU Fan
Dallas, TX
Member since Aug 2011
25877 posts

re: Deficits are up. How is this conservatism?
Congress has the power of the purse.


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161
jawnybnsc
LSU Fan
Greer, SC
Member since Dec 2016
859 posts

re: Deficits are up. How is this conservatism?
Democrats proposing any spending cuts?
No?
Didn't think so.


jrodLSUke
LSU Fan
Tigerdroppings Premium
Member since Jan 2011
14296 posts
 Online 

re: Deficits are up. How is this conservatism?
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.


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130
NIH
LA-Lafayette Fan
Member since Aug 2008
94266 posts
 Online 

re: Deficits are up. How is this conservatism?
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


deathvalleytiger10
Member since Sep 2009
750 posts

re: Deficits are up. How is this conservatism?
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.


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80
995webmaster
Navy Fan
New Orleans
Member since Dec 2007
3562 posts

re: Deficits are up. How is this conservatism?
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.


NIH
LA-Lafayette Fan
Member since Aug 2008
94266 posts
 Online 

re: Deficits are up. How is this conservatism?
are you conservative?


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24
Zach
LSU Fan
Member since May 2005
94141 posts

re: Deficits are up. How is this conservatism?
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.


jawnybnsc
LSU Fan
Greer, SC
Member since Dec 2016
859 posts

re: Deficits are up. How is this conservatism?
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!


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