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Thread: Surprise! Huge US Budget Surplus Shatters Record

  1. #381
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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Dittohead not! View Post
    Oh, I'm sure that that many full time jobs would do wonders for the economy. I'm just not sure how the government could accomplish such a thing.
    In a private sector economy, the role of the govt. is to provide the incentive and get out of the way.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Conservative View Post
    In a private sector economy, the role of the govt. is to provide the incentive and get out of the way.
    To a point, yes. Some regulation is necessary to assure that the private sector economy doesn't make bad loans and then sell them off as solid investments, among other things.

    When has the government ever actually provided the incentive and gotten out of the way? Is out of control growth of government something new, just of the past few years, or has it been going on under both Republicans and Democrats for several decades now?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Dittohead not! View Post
    To a point, yes. Some regulation is necessary to assure that the private sector economy doesn't make bad loans and then sell them off as solid investments, among other things.

    When has the government ever actually provided the incentive and gotten out of the way? Is out of control growth of government something new, just of the past few years, or has it been going on under both Republicans and Democrats for several decades now?
    We have a thriving economy when we have a pro private sector economy and a govt. that isn't implementing policies like Obamacare, higher taxes, and extensions of unemployment benefits that stunt economic growth and job creation.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Conservative View Post
    We have a thriving economy when we have a pro private sector economy and a govt. that isn't implementing policies like Obamacare, higher taxes, and extensions of unemployment benefits that stunt economic growth and job creation.
    You mean like we had back in the 1930s?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Dittohead not! View Post
    You mean like we had back in the 1930s?
    How did you do personally in the 30's?

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Technically speaking, not a Budget Surplus (projected revenue in excess of projected spending)

    It's a revenue (in revenue vs. outlays) surplus, in which actual revenue exceeded outlays in a given accounting period.

    Think of the US Budget in the same vein you would your household budget, were you and your SO to sit down on Jan 1 and make a budget: would it be spot-on come December 31? Nope. Just a guideline, with some wishful thinking. Ditto on US Budgets.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Conservative View Post
    How did you do personally in the 30's?
    I had no interest in living through the great depression, so I held off being born until it was over.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Dittohead not! View Post
    I had no interest in living through the great depression, so I held off being born until it was over.
    See, you do control your own destiny much to the dismay of liberal politicians who believe you aren't smart enough to survive without their help.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Misterveritis View Post
    Nearly all of human history we are aware of involves tyranny. Our experiment in self rule is nearly at an end. Imagine me agreeing with something that PowerRob agrees with. Perhaps he misread it.
    If our experiment in self rule is nearly at an end, should we not we expand, improve, and uphold it? Failure to do would mean the fall of America itself. In addition, extended periods of war always result in economic recession, decisive defeat, increased dictatorial and tyrannical mindsets from rulers, or worse.

    It happened to the Romans, it happened to all of the Colonial powers including England, it happened to the Soviets, and now it's happening to us.

    Furthermore, many wars in which nations attempt occupation of other states and face enemies using irregular tactics and strategies eventually lead to the victory of the defenders. Again, Rome. Before that, the Wu-Chu war where Sun Tzu practiced his genius. The American Revolution. The little-known Peninsular War primarily between France and Spain where the term "guerrilla"was actually coined. Vietnam, of course. The Soviet occupation of Afghanistan.

    Point is, we are involved in two wars in which we are up against irregular fighters and have no decisive victory goals. To maintain public support, our leaders are hilariously and hypocritically fighting the "War on Terror" while causing far more fear, uncertainty, and doubt than existed before their new authoritarian policies were put into place. In fact, a recent poll has shown that Americans now fear their own government more than terrorism.

    This is a perfect storm, a perfect storm for the collapse of an empire. Of course, people are just going to sit back, let it happen, then find that it is far too late to do anything about it. The government has conditioned us to do so.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Conservative View Post
    See, you do control your own destiny much to the dismay of liberal politicians who believe you aren't smart enough to survive without their help.
    We all control our own destiny to a degree. We make our own decisions, then the results of those decisions determine what happens to us.
    But, is it only "liberal" politicians who think we need them to protect us from ourselves? It seems to me that there are authoritarians on both sides of the aisles, each with different goals, but neither with the goal of individual self determination.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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