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Message
re: So Democrats care about the deficit now?
Posted on 9/28/17 at 8:51 am to ChineseBandit58
Posted on 9/28/17 at 8:51 am to ChineseBandit58
quote:
Well, one approach leads to a future of reducing the national debt
The other leads to exponential increases in national debt.
Please share with us the last tax cut that led to a reduction in debt?
Posted on 9/28/17 at 8:53 am to TigahFrosh
You gave plenty of talking points that are irrelevant. Slowly and carefully read the OP again, maybe you'll understand the simplicity of my statement.
If I wanted to give you basic economic termonlogy, maybe I would have put that in there (I didnt). That wasn't the point.
Pointing out hypocrisy is a simple and basic concept.
If I wanted to give you basic economic termonlogy, maybe I would have put that in there (I didnt). That wasn't the point.
Pointing out hypocrisy is a simple and basic concept.
Posted on 9/28/17 at 8:54 am to TigahFrosh
2008 the deficit was around 400 billion. Obama's first year 2009 the deficit was almost 1.5 trillion because of Obama's recovery plan that produced no recovery. The deficit has been coming down since then but it has had no where to go but down.
This post was edited on 9/28/17 at 8:59 am
Posted on 9/28/17 at 8:56 am to SCLibertarian
quote:The only politician in my lifetime to genuinely care about America is Ron Paul.
The only politician the in my lifetime to genuinely care about the deficit is Ron Paul. Everyone else in D.C. is going to spend us into destruction.
Posted on 9/28/17 at 8:57 am to Bunyan
You mean the hypocritical OP that places the blame on democrats when it could just as easily be framed to highlight the fact that the GOP is going to increase the deficit by 3T?
You are part of the problem.
You are part of the problem.
Posted on 9/28/17 at 8:58 am to Bunyan
quote:
but wouldn't a booming economy pay for those cuts
no
Posted on 9/28/17 at 8:59 am to Bunyan
quote:
You gave plenty of talking points that are irrelevant. Slowly and carefully read the OP again, maybe you'll understand the simplicity of my statement.
You very clearly don’t understand the difference between the debt and the deficit. As a result, the claims of your post are verifiably false (e.g. deficit doubling under Obama).
Your post is simple alright. Simple, ignorant, and wrong.
Posted on 9/28/17 at 9:00 am to TigahFrosh
quote:
Thirdly, the debt grew under Obama, but not disproportionately compared with other modern presidents.
Hmmmmm...
Neat wording but not the whole story.
Tripling 1 million vs Tripling 1 trillion. (not actual numbers don't feel like looking them up)
Proportionally equal
Not equally devasting.
This post was edited on 9/28/17 at 9:01 am
Posted on 9/28/17 at 9:03 am to AUbused
quote:
You are part of the problem
By accurately and logically pointing out hypocrisy? From what I know, the GOP tax plan or details haven't been passed or released yet, prompting me not to jump to conclusions. If what is passed increases the deficit, I'll call it out, but a booming economy should pay for the cuts.
Stay ignorant!
Posted on 9/28/17 at 9:08 am to TigahFrosh
quote:
Simple, ignorant, and wrong.
Like Democrat policy? I'd like for you to try and point out where Democrats cared about Obama's spending in 8 years. The OP's point is to point out the blatant hypocrisy of pretending to care about the middle class. Sad you don't recognise that, but unfortunately it doesn't surprise me
Posted on 9/28/17 at 9:10 am to BamaCoaster
Democrats believe in static scoring bs to stop everything
Posted on 9/28/17 at 9:10 am to BamaCoaster
quote:
Republicans no longer care about the deficit.
Republicans solution to the deficit was never increased taxation.
Posted on 9/28/17 at 9:24 am to gthog61
quote:
Democrats believe in static scoring bs to stop everything
accurate
and many republicans want to assume wild growth assumptions so everything pays for itself
Posted on 9/28/17 at 9:25 am to Bunyan
quote:
So after 8 years of doubling the deficit under Obama (with no pushback), Democrats are now all of a sudden fiscal hawks?
Barack Obama increased the national debt by 68% over that left by George Bush. In comparison Ronald Reagan increased the national debt by 186% over Jimmy Carter. In fact Republicans have historically increased the national debt by a much greater percentage than have democrats. The one exception was Franklin Roosevelt, who increased the national debt by over 1000%. The reason for this doesn't need an explanation.
Posted on 9/28/17 at 10:14 am to TheFinalWord
quote:
In fact Republicans have historically increased the national debt by a much greater percentage than have democrats.
But dat economic growth tho!!!
Posted on 9/28/17 at 10:24 am to Bunyan
quote:
Like Democrat policy? I'd like for you to try and point out where Democrats cared about Obama's spending in 8 years. The OP's point is to point out the blatant hypocrisy of pretending to care about the middle class. Sad you don't recognise that, but unfortunately it doesn't surprise me
During Obama’s eight years as president, part of which the Dems controlled both Houses, most of which they controlled the Senate, they steadily reduced the deficit.
Now, a Republican President, Senate, and House want to take actions that will increase the deficit, completely reversing the trend of deficit reduction that theyve accomplished in the past 8 years, and you say its hypocritical for Dems to oppose that...
I’ve spelled it out for you multiple times now. I originally thought the problem was just that you didn’t understand economics or even simple finances, but it seems reading comprehension may be your more fundamental deficiency. Still, you seem to be able to form nearly complete thoughts at least some of the time, so I’m sure if you spend an hour or so googling words like “deficit”, “debt”, “budget”, “expenses”, “revenue”, and maybe throw “hypocrisy” in there too since you seem to struggle with that one as well, you’ll be able to figure out how the claims of your original post are based on ignorance.
Congratulations, you have an opportunity to improve yourself and your understanding of the world, and with only minor effort! I’m happy for you, friend. Godspeed!
This post was edited on 9/28/17 at 10:25 am
Posted on 9/28/17 at 10:35 am to TigahFrosh
quote:
During Obama’s eight years as president, part of which the Dems controlled both Houses, most of which they controlled the Senate, they steadily reduced the deficit.
You need to put this in context dude. Obama "blew out" the deficit in 2009 to the tune of 1.4 trillion. In 2008 the deficit was around 400 billion.
The increase in 2009 was because of Obama's recovery plan which didn't lead to recovery. Obama had the lowest GDP growth rate of any President modern era.
So when you start off with a deficit of 1.4 trillion, of course, YOU HAVE NO WHERE TO GO BUT DOWN.
Posted on 9/28/17 at 10:42 am to TX Tiger
quote:
But that's not going to stop the geniuses on this board from blaming the "other" side
Most people here blame everybody
Posted on 9/28/17 at 12:28 pm to frogtown
quote:
The increase in 2009 was because of Obama's recovery plan which didn't lead to recovery.
Wrong. The 2009 fiscal year began in October 2008. The CBO projected deficit for 2009 was well over $1 Trillion before Obama ever took office or any stimulus package was implemented. Don’t believe me? Ask the hyper conservative CATO institute. LINK
Obama inherited a $1 Trillion + deficit and brought it back down to
2008 comparable levels.
Now Republicans are proposing actions that will blow it right back up again.
Clinton inherited a government that was running $500 billion deficits and he handed down a government that was running a fricking surplus. Bush inherited a government running a surplus and handed down a government running a Trillion dollar deficit. Obama inherited a trillion dollar deficit and brought it down to the ~$600 Billion that is this year (up very slightly from last year). Now Trump wants to run it right back up.
This post was edited on 9/28/17 at 12:29 pm
Posted on 9/28/17 at 12:29 pm to TigahFrosh
What was the cumulative deficit increase for the Obama years?
That's what I thought.
That's what I thought.
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