re: Trump Spending Twice as Fast as Earning

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Paul Ryan supposedly ran a trial balloon on Medicare reform among constituents, and it went over like a fart in church, even among conservatives, and the issue was dropped.

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Yep. Like I said, there is not enough political justification for cutting the major budget items even if Republicans had their way. It’s all rhetoric. Some small cuts could happen but we’d still have a massive deficit.

Plus they’re already floating more tax cuts, plus infrastructure spending and other priorities.

Turns out, Americans like new things AND not having to pay for them. Cool. We’ll just keep financing our growth I guess

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What’s your plan?


We had a surplus under Clinton, right? I’d go back to Clinton spending levels. Boom. Problem solved. You agree?

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In theory, that sounds great, but there are three major issues:

1. We are a much older population than we had at the time. You can't get to those levels of spending without severe per capita cuts in Medicare and Social Security.

2. We had a major and largely uninterrupted economic expansion thanks to Al Gore's internet.

3. We had a post-Cold War peace dividend military that was pretty significantly thinned out at the junior- and mid-level officer and NCO level. We have much stronger and more belligerent adversaries now than then.

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Those levels were lower because the same programs that are causing the spending problems now were less costly. You can’t get back to those levels without cutting those same programs.

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Ok. Make it work. It will be ok.

This is what I don’t get. Liberals are on here blasting trump for spending levels. However, given an opportunity to remedy that y’all tell us why it can never happen. Clearly you aren’t upset about spending. In fact, you argue why it can’t be spent.

It seems the only solution is more tax receipts. I’m guessing to you that means more taxes.

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Yep. Like I said, there is not enough political justification for cutting the major budget items even if Republicans had their way. It’s all rhetoric. Some small cuts could happen but we’d still have a massive deficit.

Plus they’re already floating more tax cuts, plus infrastructure spending and other priorities.

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It's frustrating, hypocritical, and stupid for honest fiscal and economic conservatives. I wish Paul Ryan had the guts to stay in public service and continue to push this stuff, because he was right six years ago and he is still right now. He is tired of the shite, and I don't blame him, but still.

Tariffs, debt-fueled tax cuts, etc., etc. - all they are, are transfer payments by another name. Trump and his supporters do not and will not address the biggest drivers of deficits, by far, because they know that it'll kill them with their base.

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Turns out, Americans like new things AND not having to pay for them. Cool. We’ll just keep financing our growth I guess

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It's been that way for eighty years, and it won't stop any time soon. As long as we're the world's reserve currency, then we'll maintain some sense of economic stability. Whenever that stops, then watch out.

It's more of the same financial theme that has under-girded American fiscal policy for about forty years now: Boomers mortgaging the future for the today.

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Got it. I will tell Trump and the Republicans to bring defense, SS, and Medicare spending back to 2000 levels. I’m sure they’ll get right on it (because I’m sure they’d love to be voted out of office immediately)

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What is your solution? Sounds like you are more worried about political expediency.

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What is your solution? Sounds like you are more worried about political expediency.

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There is no easy solution. Just calling it for what it is

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But let's not pretend that he gives a shite about fiscal responsibility based on his actions thus far.

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Shocking. A either dishonest or plain ignorant liberal.

Wash post

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I say to Congress, I will never sign another bill like this again,” Trump said, also calling on Congress to give him a line-item veto, a tool that the Supreme Court has said is unconstitutional for a president. “There are a lot of things that I’m unhappy about in this bill,” he said later in his 20-minute remarks, telling reporters that he had “very seriously” considered a veto.

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Meanwhile, Sen. Tim Kaine (D-Va.) sized up the president’s veto threat Friday morning this way: “Art of the Deal-Wrecker!” He urged the president to sign the bill.

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LINK

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“We hope that everything will be done,” Schumer said. There’s some language that has to be gone over in a few areas, but we hope we’ll be ready to go in a few hours.” The New York Democrat added that the minority leaders were “feeling very good” about the emerging deal. “We’ve accomplished many, many, many of our goals,” he said. “When it’s unveiled, you will see.”

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Pelosi agreed, citing “good progress” that was made in the leadership meeting. The California Democrat commended House and Senate staff of both parties “for dealing expeditiously with some of the differences, resolving some and putting some aside for another day.” “I think that we’re going to present to our members something that they can comfortably support,” Pelosi said.

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LINK

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Democratic leaders celebrate budget bill: 'We're able to accomplish more in the minority'

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Democratic leaders spiked the football Thursday after the House passed the $1.3 trillion omnibus spending package and argued they have been able to accomplish more despite not holding the White House or either congressional chamber. After rolling through a litany of Democratic wins in the spending package, Senate Minority Leader Chuck Schumer, D-N.Y., declared Democrats were big winners in the bipartisan bill despite their standing in Congress. Specifically, he touted funding for the Gateway tunnel project and increased spending for the National Institutes of Health, along with other programs.

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So. Which is it. Are you just dishonest or just plain ignorant? Can you form any thoughts without being fed them?

Come on back when you believe you have something better

Don't be so modest, Sally. Your hero Obama wrote the play book on a fiscally absurd rise in the deficit....leaving the US with 20 plus billion in the red.
You folks really underestimate our President or you live in such a mental fog or distorted political ideology or both that you can't figure out the keys of his success.

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Ebbandflow

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I remember all those threads you started in the Obama years...

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LOL! Excellent retort catpoots. Boy. You really destroyed that point by point.

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Why didn’t trump veto the bill?