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Started By
Message
re: Deficits are up. How is this conservatism?
Posted on 3/6/19 at 11:33 am to Roberteaux
Posted on 3/6/19 at 11:33 am to Roberteaux
quote:
So what are you bitching about? Tax cuts or spending? I honestly can't tell
We should have tax rates as low as possible, but high enough to cover all spending.
We should not cut taxes if we aren't also willing to cut spending.
1
Posted on 3/6/19 at 11:38 am to LSUFanHouston
quote:
We should not cut taxes if we aren't also willing to cut spending.
Have an upvote.
Posted on 3/6/19 at 11:39 am to LSUFanHouston
How is Trump suppose to lower the deficit? He is trying to fix illegal immigration and democrats are blocking it just like they would block a cut to any entitlements. Democrats will spend the money up as long as its there .
As far as I am concerned as long as I keep more of my money let the deficit rise. Atleast this way I get to keep some of my money instead of Democrats giving it away. Let all of these stupid kids pay for voting on democrats. I will leave me daughter plenty of money and guns to help her deal with the hell democrats are bringing .
As far as I am concerned as long as I keep more of my money let the deficit rise. Atleast this way I get to keep some of my money instead of Democrats giving it away. Let all of these stupid kids pay for voting on democrats. I will leave me daughter plenty of money and guns to help her deal with the hell democrats are bringing .
Posted on 3/6/19 at 11:40 am to McLemore
quote:
please define "trickle-down economics" for us before you start attributing hypothetical fandom with respect to the term.
Others used the term to somehow believe that the following would occur:
1) Cut tax rates / taxes owed on current income
2) Companies will take savings and use them to create more revenue, which itself would be taxed
3) Therefore, there would be a net increase in federal tax revenue, not a net decrease. Essentially, as money flows faster through the economy, it gets hit with the tax wand more and more. So even thought the rate is lower, the wand collects more from additional total passes.
Posted on 3/6/19 at 11:44 am to LSUFanHouston
quote:
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?
If we aren't ok with this, exactly what do you suggest we do about it? Our government doesn't consist of conservatives, so why would you ever label what it produces, conservatism? Cutting taxes, and not cutting spending is republicanism. Increasing taxes, and increasing spending is liberalism. Why are you confused?
Posted on 3/6/19 at 11:54 am to troyt37
quote:
LSUFanHouston
You do understand that trickle down economics is a completely political term and has nothing to with actual economics at all?
Try looking into Supply Side Economics. An actual term used by economist to discuss the issue you're not only pretending to care about, but pretending to understand.
You're also trying to claim you're completely politicized term is not working by pointing to lower federal tax revenue. Then you go to define it and completely expose the hypocrisy of your ideologies applied to your "logic".
Feel free to answer this question in any format you wish, without the tax cuts, what should the federal revenue have been?
This post was edited on 3/6/19 at 11:57 am
Posted on 3/6/19 at 11:56 am to LSUFanHouston
It's not... Talk to the House of Representatives.
Posted on 3/6/19 at 11:58 am to LSUFanHouston
This is all true and important to point out.
HOWEVER don't forget that the Republicans came within a few Senate votes of completely overhauling the Medicaid program that would have saved $200 billion over 10 years by turning it into a block grant.
Something that was 100% opposed by the Democrats.
Contrast that to the Democratic plan for Medicare for all that will cost $32 trillion.
All that to say, I hope we don't just lumps Dems in the the Reps on budget deficit issues. Yes the Reps like to deficit spend more than they should, but they are no where NEAR the Dems.
HOWEVER don't forget that the Republicans came within a few Senate votes of completely overhauling the Medicaid program that would have saved $200 billion over 10 years by turning it into a block grant.
Something that was 100% opposed by the Democrats.
Contrast that to the Democratic plan for Medicare for all that will cost $32 trillion.
All that to say, I hope we don't just lumps Dems in the the Reps on budget deficit issues. Yes the Reps like to deficit spend more than they should, but they are no where NEAR the Dems.
This post was edited on 3/6/19 at 12:11 pm
Posted on 3/6/19 at 11:58 am to LSUFanHouston
This OP is confusing. Am I supposed to be in support of the deficit? Cut spending now!
Posted on 3/6/19 at 11:59 am to LSUFanHouston
Well, in all fairness, Congress would need to pass some legislation that would cut spending. Instead, we get Orange Man Bad! Before that is was Kenyan Man Bad(and he really was/is a piece of shite)! Before that it was Texan Man Bad!
Congress is the problem.
Congress is the problem.
Posted on 3/6/19 at 12:00 pm to LSUFanHouston
You guys aren't too good with sarcasm, are you?
Posted on 3/6/19 at 12:01 pm to Maytheporkbewithyou
quote:
Before that is was Kenyan Man Bad(and he really was/is a piece of shite)!
Would he have been in favor of ANY legislation to cut spending?
I'm sure Trump would sign reduction in spending legislation. I can't think of any such legislation I believe Obama would have signed.
Posted on 3/6/19 at 12:01 pm to LSUFanHouston
(no message)
This post was edited on 6/10/19 at 8:22 am
Posted on 3/6/19 at 12:03 pm to LSUFanHouston
quote:
Doesn't Trump sign the budgets? Or, since we haven't had a budget in years, the CRs? So, he could veto these spending bills if he wanted to. He doesn't get off the hook.
Is he allowed to make decisions with money or is he not? If he’s not, you can shut up. If he is, then he gets his wall
Posted on 3/6/19 at 12:04 pm to MisslePig
quote:
without the tax cuts, what should the federal revenue have been?
I would have expected it roughly to be the prior year's revenue, adjusted for growth using some percentage of GDP growth.
The term is used constantly. You are evading the argument by blasting the term I used. Address the argument, please.
Posted on 3/6/19 at 12:08 pm to Upperdecker
quote:
Is he allowed to make decisions with money or is he not? If he’s not, you can shut up. If he is, then he gets his wall
I guess the Supreme Court will tell us soon about that one. Assuming it's legal, his wall, won't actually increase the deficit at least not in the current year. We will just use appropriated money to pay for it, instead of paying for whatever the appropriation was originally intended.
Posted on 3/6/19 at 12:11 pm to imjustafatkid
quote:
I can't think of any such legislation I believe Obama would have si
Only thing I can think of would be the military, but that would have only been to score some points with the left voters
Posted on 3/6/19 at 12:13 pm to ocelot4ark
quote:
It's not conservativism. They'll have no answer. They don't have principles. They're hypocrites. They will call you names.
Right wing politics ignores all subsequent to next election.
Posted on 3/6/19 at 12:18 pm to ocelot4ark
quote:
They'll have no answer. They don't have principles.
i stated from day one i do not expect him to fix this mess bush and obama put us in deficit wise? you expected that? just for some clown to come after him and redo it all over again by blowing it up again?
yeah man being pro jobs, cutting taxes and regs, being tough on national security, being pro gun and against obamacare and abortion is not conservative?
think before you post next time. trump is conservative on the vast majority of issues. been laid out here ad infinitum.
nobody ever promised tax cuts would generate more revenue like they did for JFK and reagan later.
trump has cut wasteful spending but he is spending on security which is the #1 job of the government. i am sure we can cut back on military spending once we get things back to where they want them. also how much of this shite is from others that they put in these spending bills?
This post was edited on 3/6/19 at 12:23 pm
Posted on 3/6/19 at 12:21 pm to LSUFanHouston
quote:
I would have expected it roughly to be the prior year's revenue,
WHAT?! Why? Why would you have expected that. Literally no one expected that within this period of time and it makes zero mathematical sense.
Lets just take your half baked example, tax revenues are down 1.7%...ok, how much was the tax rate lowered between January 2018 and January 2019...14%. So within a year, taxes were down 14% and we're only down 1.7% in revenue...IN ONLY A YEAR. I'd try and explain the time effect but I don't think it's worth, no pun intended, my time because I don't believe you have the intellectual honesty or ability to understand.
So Taxes were reduced by 14% and you expected it to maintain the same (it only dropped by 1.7% in a one year time span)...but in your mind it should of stayed "roughly" the same.
Please explain the logic.
quote:
You are evading the argument
How do you propose I address someone trying to talk about economics and using a term, that from an economics standpoint, is not real.
Trickle Down economics is not a real term. It is not a real thing. Supply Side Economics, let me know when you're ready to discuss.
This post was edited on 3/6/19 at 12:28 pm
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