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Sep 16, 2019 06:33:57   #
Kraken Loc: Barry's Bay
 
Elaine2025 wrote:
Nobody was more financially responsible than Obama.


Then along came trump.

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Sep 16, 2019 07:34:11   #
papakatz45 Loc: South Florida-West Palm Beach
 
Kraken wrote:
Then along came trump.


To fix everything.

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Sep 16, 2019 20:49:40   #
Kraken Loc: Barry's Bay
 
papakatz45 wrote:
To fix everything.



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Sep 17, 2019 06:21:53   #
Harry0 Loc: Gardena, Cal
 
Just like the two Bushes.
Operating a credit card economy to make it appear as if we're doing better than we are.
Give me two or three of your unlimited cards, let me use them for four years.
I'll look dam good!

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Sep 17, 2019 12:10:32   #
Bazbo Loc: Lisboa, Portugal
 
Blurryeyed wrote:
I used to subscribe to the same philosophy as you, that we should have to pay for our wars and even pass a balanced budget amendment, I knew that most republicans who lobbied for the same had little understanding that it would necessitate an immediate increase in taxes, somehow my side only thinks in terms of cutting wasteful spending and does not realize that the federal budgets are much more complicated than that.

Anyway when the debt skyrocketed right past $15 Trillion, I gave up and decided that the government would bankrupt itself long before the politicians would ever deal responsibly with the budgets and the unfair burdens that they were strapping our children and grandchildren with.

As far as an increase in revenue? There was no contraction in federal revenues, in fact there was an extremely modest gain, what remains to be seen is if future economic growth can actually increase the revenues beyond what they would have been had the tax cuts not taken place, unfortunately any study of that question will have to be done in abstract and will be open to political bias as we can not analyze an alternative policy that never actually occurred, we can only guess what the impact or lack of impact would have been on revenues by not changing the tax policies.
I used to subscribe to the same philosophy as you,... (show quote)


Due the math. The increase in revenues from 2017 to 2018 does not even match the rate of inflation. Hard to call that a win for either Trump or the Republican tax cut. And a hell of a price to pay for our exploding deficits.

Adding stimulus to an already healthy economy is folly. You add stimulus to a failing economy---as we did under Obama in 2009-2010, Now is the time we should be paying down debt, not expanding it.

The Republican tax cut did not deliver the benefits promised. And never will.

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Sep 17, 2019 12:29:24   #
btbg
 
Bazbo wrote:
Due the math. The increase in revenues from 2017 to 2018 does not even match the rate of inflation. Hard to call that a win for either Trump or the Republican tax cut. And a hell of a price to pay for our exploding deficits.

Adding stimulus to an already healthy economy is folly. You add stimulus to a failing economy---as we did under Obama in 2009-2010, Now is the time we should be paying down debt, not expanding it.

The Republican tax cut did not deliver the benefits promised. And never will.
Due the math. The increase in revenues from 2017 t... (show quote)


You are right that we need to be paying down deficits. I don't think anyone on the right is disputing that. Where the dispute is is on how to pay down a deficit. We want to cut spending, something that neither Trump nor congress seems willing to do. The left wants to raise taxes, which has never paid down the deficit.

The last time we paid down any deficit at all was under Clinton following Reagan's tax cuts.

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Sep 17, 2019 12:38:20   #
Bazbo Loc: Lisboa, Portugal
 
btbg wrote:
You are right that we need to be paying down deficits. I don't think anyone on the right is disputing that. Where the dispute is is on how to pay down a deficit. We want to cut spending, something that neither Trump nor congress seems willing to do. The left wants to raise taxes, which has never paid down the deficit.

The last time we paid down any deficit at all was under Clinton following Reagan's tax cuts.


It is priorities and you and I will probably never agree on those priorities. But the system was designed to require compromise which is something that is not possible in the current political climate. We do agree that our leadership has failed us.

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Sep 17, 2019 12:58:35   #
Elaine2025 Loc: Seattle, Wa
 
Bazbo wrote:
It is priorities and you and I will probably never agree on those priorities. But the system was designed to require compromise which is something that is not possible in the current political climate. We do agree that our leadership has failed us.


If we are talking paying down the debt, how would that happen with the 65 percent tax the dems want to put on us for "free everything". It would seem to me that we cut back, stop giving money to other countries, get rid of many government jobs that are not necessary, and the list goes on and on.

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Sep 17, 2019 13:41:13   #
LWW Loc: Banana Republic of America
 
btbg wrote:
You are right that we need to be paying down deficits. I don't think anyone on the right is disputing that. Where the dispute is is on how to pay down a deficit. We want to cut spending, something that neither Trump nor congress seems willing to do. The left wants to raise taxes, which has never paid down the deficit.

The last time we paid down any deficit at all was under Clinton following Reagan's tax cuts.


Untrue.

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Sep 17, 2019 14:08:11   #
Elaine2025 Loc: Seattle, Wa
 
Kmgw9v wrote:
The Republicans party was once the party of fiscal responsibility. Under Trump, they no longer care.
They should get over their insane Trump loyalty, before the damage is irreparable.


Congress is controlled by the democrats. Period. Congress is spending you to the poor house. YOU can't blame Trump for what a democrat congress is doing. Imagine how you will pay for all the freebies the dems are trying to bribe you with. Not enough tax money to cover the freebies by the working people. You think Americans will agree to give 65 percent of their checks to to the government???? They do that in the Netherlands and NOBODY CAN GET AHEAD.

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