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Zach
LSU Fan
Member since May 2005
94413 posts

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

Again, this isn't an opinion piece or spin. It's a reporting of numbers that are from the CBO.


Everything on the front page of the NYT is opinion and spin. Everything on NBC is the same. You leftists deal in lying. So, I don't believe anything you say. It's perfectly logical.


Taxing Authority
LSU Fan
Houston
Member since Feb 2010
36364 posts

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

So the tax cuts are having a net reduction on federal revenue.
Nope.

quote:

But not only is spending not being cut to compensate, spending is up 8.8 percent.
you left off 'almost exclusively in non-discretionary areas'.

quote:

How can anyone who calls themselves a conservative - Trump Variety or RINO Variety or Establishment Variety - be ok with this?
Not OK with it... but the seeds for today's deficits were sewn during the Obama administartion.

Here's a golden oldie... from 2013. Notice the predicted deficit increases starting in 2017 on?

Image: https://si.wsj.net/public/resources/images/NA-CC516A_CBOwe_G_20140827110007.jpg


Obama "stimulus" spending (that was really permananet), increase MEDi funding due to Obamacare, SS payouts, and the resulting debt service incurred as a result of Obama's borrowing created today's situation. Tons of detail (from 2010) in this PDF file

That's what debt does. It doesn't decrease the pain, only shifts when the pain is incurred.
This post was edited on 3/6 at 12:26 pm


CDawson
LSU Fan
Baton Rouge
Member since Dec 2017
3428 posts

re: Deficits are up. How is this conservatism?
It's not. The USA has never had a revenue problem. We have a spending problem. Spineless politicians have allowed this.


Adajax
LSU Fan
Member since Nov 2015
1506 posts

re: Deficits are up. How is this conservatism?
It's not. Most Republicans in Congress aren't fiscal conservatives. They spend like Democrats which is one reason I left the party. They ate still the lesser of the two evils.


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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
36364 posts

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

How in the hell are we not cutting spending?
Campaign on cutting social security, medicaid, and medicare and see what happens. There is NO political appetite for cutting spending on the things that actually matter.


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Fat Bastard
Boston College Fan
Member since Mar 2009
40537 posts

re: Deficits are up. How is this conservatism?
i want a good economy. never expected trump to fix a 21 trillion deficit. dems will make sure they get what they want in any spending deal where they give trump any of what he wants.


Taxing Authority
LSU Fan
Houston
Member since Feb 2010
36364 posts

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

Spineless politicians have allowed this.
Nope. Politicians have done exactly what they're designed to do. "We" the people have demanded (and continue to want) massive government spending. See Social Security and Medicare.


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Fat Bastard
Boston College Fan
Member since Mar 2009
40537 posts

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

quote:
So the tax cuts are having a net reduction on federal revenue.

Nope.



so the OP is a lie.





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Tesla
USA Fan
the Laurentian Abyss
Member since Dec 2011
3704 posts

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

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.



Except that is exactly what occurred...did no one even look at the tax receipts?

Investors Business Daily


Fat Bastard
Boston College Fan
Member since Mar 2009
40537 posts

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

It's not conservativism.


oh and forgot to add yeah man he is so damn liberal on all his policies like taxes and regs, and security and and guns

look at those liberal SCOTUS judges also



quote:

They will call you names.




because you are a fn moron
This post was edited on 3/6 at 1:24 pm


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42
MisslePig
Arkansas Fan
Member since Jul 2018
583 posts

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

Tesla


The article you link does a better job of "guessing" at what Trickle Down Economics does...his definition is inherently flawed but even more so lacking logic.

Wages are up, personal income taxes are up due to increased revenue, average owned assets by individuals are up...

In ALL measures, the individual is doing better. And I hate to use this term like this, that's "trickle down".


tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
7299 posts

re: Deficits are up. How is this conservatism?
Why is this article cherry picking date periods?

And I am more interested if revenue went up or down not defecits. Entitlement grows faster then inflation already and no one has balls enough to tackle that issue. And with omnibus spending increases no on has balls enough to tackle a budget.

But, you can’t go to October through January and compare just a snippet of the fiscal tax year. Especially when income tax revenue is mostly in by April 15th....



93and99
Florida State Fan
Dayton , Oh
Member since Dec 2018
1614 posts

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

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


I hope you were joking.

Those mother frickers STEAL that money from my paycheck, I want as much of it back as I possibly can.

Cut welfare programs , end foreign aid , illegals , cut the military in half , cut the budget for Congressman , make EVERYONE pay Federal Income Tax , get rid of child tax credits , Earned Income Credit etc.

That 15.3% is STOLEN from my employer & I , I want MY money.


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oleheat
LSU Fan
Sportsman's Paradise
Member since Mar 2007
8347 posts

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

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 .


This is a good point. The fact is, the majority of people wanting to come here illegally are parasites on the economy.


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93and99
Florida State Fan
Dayton , Oh
Member since Dec 2018
1614 posts

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

So, he could veto these spending bills if he wanted to. He doesn't get off the hook.


I agree with you on that , he should have vetoed every budget and kept the government shutdown.

He needs to force those sorry arse Congressmen and women to override his veto.


Tesla
USA Fan
the Laurentian Abyss
Member since Dec 2011
3704 posts

re: Deficits are up. How is this conservatism?
When judging the effect of a tax policy on the budget and debt, you only need to look at receipts. The rest of any deficit and debt discussion is about spending.


MisslePig
Arkansas Fan
Member since Jul 2018
583 posts

re: Deficits are up. How is this conservatism?
I'm guessing OP won't be back after the absolute arse beating he just got handed.

I wonder if I broke his mind with how are revenues down 1.7% when we cut taxes by over 14%...I can seem him in a corner with a hand held calculator trying to figure it out.

Most importantly, he's definitely going to miss the time value aspect of this as he's harping on the ONE YEAR effect of a major tax plan.

And of course exposing to him how the individual is doing better in every major category since the tax cuts...which one can say "trickled down" to them is going to effect his next post.


goatmilker
LSU Fan
2014 drunkin Bobby award winner!
Member since Feb 2009
46143 posts

re: Deficits are up. How is this conservatism?
Its not.

No one I know has said conservatives are in the majority in the Senate, the House or as POTUS.

Fiscal conservatives have less sightings in DC than Manbearpig.



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SteadyHand
LSU Fan
Out and About
Member since Nov 2018
267 posts

re: Deficits are up. How is this conservatism?
I don’t need lessons from leftist and socialists


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Jake88
George Mason Fan
LSU/Saints Fan
Member since Apr 2005
37209 posts

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

They'll have no answer. They don't have principles. They're hypocrites. They will call you names.
Well, you're wrong. Here's your answer, Trump is not particularly conservative when it comes to govt spending and the republicans are too spineless to push for spending cuts. When was the last real budget passed, 2007?


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