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re: National debt tops $22 trillion for the first time as experts warn of ripple effects

Posted on 2/13/19 at 8:35 am to
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29178 posts
Posted on 2/13/19 at 8:35 am to
I've given up worrying. Tax and spend GOPe and Democrats don't care. At the end of the day, they'll try and inflate their way out of any big problems.
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 2/13/19 at 8:35 am to
Yup.
Posted by AlceeFortier
Member since Dec 2016
1795 posts
Posted on 2/13/19 at 8:39 am to
We should care about a deficit. Trump is f’ing with the economy now so he looks good now. He cares not about the future as long as HE looks good. Dont u morons realize what are his goals? He wants to support his ego and he is raping us with his bs.
Stimulating business growth, I admit, it a good thing. But, the deficit in the long run is going to hurt us.
Stop accepting trump as a savior. He only cares about trump. His antics are pushing the illiterate liberals to power and that is the worst thing that can happen. This socialism bs is on trump. Lock him up!
Posted by TigerMyth36
River Ridge
Member since Nov 2005
39730 posts
Posted on 2/13/19 at 8:40 am to
So 10 trillion to 20 trillion was fine under Obama but now it is a problem.

frick off!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73396 posts
Posted on 2/13/19 at 8:42 am to
quote:

AlceeFortier


Were you this mad when it went from 10 to 20 under the last admin

Fricking hypocrite
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/13/19 at 8:45 am to
I openly admit the Republicans haven't been good on spending.

But, at least there actually are people within the party who really want to deal with spending.

The number of Dems in congress who want to deal with spending is exactly zero and beyond that, a MAJORITY support LARGE NEW spending ideas.

So, it's just impossible to take them seriously on the subject.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11083 posts
Posted on 2/13/19 at 8:46 am to
quote:

combined with a tax code that fails to generate sufficient revenue


Okay got it. We have the most progressive tax policy in the world. The only way to increase revenues at a greater pace is to add regressive taxation like the Euros do to their poor consumers. VAT and heavy taxation at all income levels. Muh tax cut for rich take from the poor
Posted by BugAC
St. George
Member since Oct 2007
52782 posts
Posted on 2/13/19 at 8:47 am to
quote:

Lets keep answering questions with questions....why does your concern now not match your concern then?




I've never stated i wasn't concerned with the national debt. But it is pure hypocrisy for ANY Obama supporter to now, all of a sudden, care about federal spending. Especially, when the mere mention of cutting government programs also send these same liberals in a rage.

And also, the outright lie that private tax cuts are to blame is laughable. Tax receipts were at record numbers last year, and the year before. We dont have a tax problem, we have a spending problem.

That's my one complaint with Trump, is i see no aggressive moves to combat government spending, outside of regulation cuts. Reduce governmental departments. Means test welfare. Force competitve bidding for military contracts. Remove government involvement in healthcare and open up healthcare insurance across state borders. In addition, the Penny plan is an excellent start, as well as a mandate to reduce deficit spending.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41085 posts
Posted on 2/13/19 at 8:48 am to
quote:

But, at least there actually are people within the party who really want to deal with spending.



I agree with this statement, but the Republican dissent carries over to a multitude of topics. Democrats have no dissension on any issue.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123839 posts
Posted on 2/13/19 at 8:49 am to
quote:

The national debt has been rising at a faster rate following the passage of President Donald Trump’s $1.5 trillion tax-cut package a little more than a year ago
Smells like . . . . BS
quote:

and as the result of congressional efforts to increase spending
Spending? Spending is responsible for the debt and deficit? Damn! That admission must have pained the author mightily.

But as the saying goes, "Tomorrow is another day." Tomorrow, Michael Collins and USA Today will excoriate immoral GOP politicians for rejection of the Green New Deal.
This post was edited on 2/13/19 at 8:50 am
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17127 posts
Posted on 2/13/19 at 8:49 am to
quote:

The number of Dems in congress who want to deal with spending is exactly zero and beyond that, a MAJORITY support LARGE NEW spending ideas.
What?

You mean the Green New Deal will not result in saving us all from this fictional national debt crisis? How can this be?
Orange man Bad! Green New Deal good!
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/13/19 at 8:50 am to
quote:

I agree with this statement, but the Republican dissent carries over to a multitude of topics. Democrats have no dissension on any issue.

There is literally only ONE area Dems ever are even willing to go on record as being willing to cut. That's military spending.

Well. OK. FY18 military budget was about $620B. Completely disband the military. Budget still wouldn't be zero because of retiree costs.

Now. Look at the NEW spending Dems want! They'd swallow that $600B in about 5 minutes.
Posted by GumboPot
Member since Mar 2009
118714 posts
Posted on 2/13/19 at 8:51 am to
Are we not adding to the debt at a slower rate than under the GWB and Obama administrations? Or is the rate the same.
Posted by NIH
Member since Aug 2008
112565 posts
Posted on 2/13/19 at 8:52 am to
"Muh Trump's spending!"

"We need this new green deal that'll cost trillions to even begin to implement"
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
35996 posts
Posted on 2/13/19 at 8:54 am to
Nobody cares about the debt save a handful of people in Washington. Attempt to cut welfare or foreign aid to most countries and Democrats will be screaming that people will die in the streets and showing pictures of poor African children. Attempt to cut the military budget or aid to Israel and you'll hear Republicans screaming that you're a terrorist or an anti-semite. When all monetary and military tricks end and our economy collapses, all American generations from the 1950's onward will likely be remembered as the most fiscally irresponsible people in world history.
Posted by duckdude
Member since Apr 2016
392 posts
Posted on 2/13/19 at 8:55 am to
quote:

hat's my one complaint with Trump, is i see no aggressive moves to combat government spending

Trump ask for 5% budget cuts at all agencies

quote:

Trump has called for deep, double-digit-percentage reductions for federal departments that were rejected by Congress. His first proposed budget last year included the elimination of 62 agencies, which lawmakers ignored.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
39730 posts
Posted on 2/13/19 at 8:57 am to
quote:

But, at least there actually are people within the party who really want to deal with spending.

Not really. Pretty small number. The worst thing that ever happened was both parties decided to stop fighting over the budget.

Money wasn't the real issue for the last stoppage. Dems simply refuse to give Trump a win.

The majority or Republicans want to spend just as much as Democrats want to spend. I think they should all be fired and start over from scratch.
Posted by Steadyhands
Slightly above I-10
Member since May 2016
6775 posts
Posted on 2/13/19 at 9:01 am to
quote:

We should care about a deficit. Trump is f’ing with the economy now so he looks good now. He cares not about the future as long as HE looks good. Dont u morons realize what are his goals? He wants to support his ego and he is raping us with his bs.
Stimulating business growth, I admit, it a good thing. But, the deficit in the long run is going to hurt us.
Stop accepting trump as a savior. He only cares about trump. His antics are pushing the illiterate liberals to power and that is the worst thing that can


After the bold part, you just went into some gibberish sort of rant that made no sense. I believe you were trying to say orange man bad, but your sky scream kind of made things unclear. I can make up things out of my arse too, but I don't because I don't want to be seemed an idiot.
Posted by BugAC
St. George
Member since Oct 2007
52782 posts
Posted on 2/13/19 at 9:02 am to
quote:

Trump has called for deep, double-digit-percentage reductions for federal departments that were rejected by Congress. His first proposed budget last year included the elimination of 62 agencies, which lawmakers ignored.


By aggressive i guess i mean, i want him to use Twitter to call these clowns out. Republican and Democrat alike. However, the media would paint this as a Republican only problem and use it to put more tax and spend dems in office.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/13/19 at 9:03 am to
quote:

Not really. Pretty small number.
Managed to contradict sentence one with sentence two. Impressive.

quote:

The majority or Republicans want to spend just as much as Democrats want to spend
Well this is just plainly false. The majority of Republicans do not support the NEW ideas for spending the Dems have. If they did, it would already exist.

Republicans are scared shitless of reigning in existing spending to be sure. But that's another discussion.
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