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Thread: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

  1. #461
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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Slyfox696 View Post
    So then you never blamed Obama for a bad or struggling economy? You never criticize for deficit spending or any of his economic policies?

    Correlation vs. causation, right? Or is it only causation when it's bad and simply correlation when it's good? C'mon, show that partisanship!
    Apparently correlation vs. causation eludes you. There are more pirates off the African coast, therefore the US economy has done better.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Ockham View Post
    Apparently correlation vs. causation eludes you. There are more pirates off the African coast, therefore the US economy has done better.
    It sounds to me more like this: If there is a Democrat in the WhiteHouse, then obviously any economic woes are caused by the policies of that Democrat. If there's a Democrat in the Whitehouse and the economy is going well, then there is no cause and effect relationship between the policies and the economy.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Dittohead not! View Post
    It sounds to me more like this: If there is a Democrat in the WhiteHouse, then obviously any economic woes are caused by the policies of that Democrat. If there's a Democrat in the Whitehouse and the economy is going well, then there is no cause and effect relationship between the policies and the economy.
    I'm sure it's some of that. What continues to amuse me is this one:

    Oh look! I only spent $900K of the tax payers money instead of $1.2T. I've SAVED money therefore I'll add it in with my accomplishments and call it a deficit reduction! That means our economy is doing BETTER! Now try that at home with the wife. Look honey - I bought the Porche instead of the Lamborghini and saved us $600K! I'm sure she'll be doing a happy dance.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Ockham View Post
    I'm sure it's some of that. What continues to amuse me is this one:

    Oh look! I only spent $900K of the tax payers money instead of $1.2T. I've SAVED money therefore I'll add it in with my accomplishments and call it a deficit reduction! That means our economy is doing BETTER! Now try that at home with the wife. Look honey - I bought the Porche instead of the Lamborghini and saved us $600K! I'm sure she'll be doing a happy dance.
    Actually, it's more like, "I got a 10% raise, so now we're only putting 5% of our expenses on the MasterCard instead of 15%." I don't see where government spending has declined, but revenues are up for the same reason they went down in '08, the rise and fall of the economy.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    On Medicare, he's not being hammered for reducing the deficit, he's being hammered for lying about the effects of his cuts. Democrats would have seniors believe that there's a free lunch here, when they spent decades ripping proposed GOP Medicare savings as "pushing grandma over a cliff".

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Ockham View Post
    Apparently correlation vs. causation eludes you.
    Not at all. I just understand correlation and causation are not determined by a letter behind a politician's name. I have no hope you possess the same understanding.
    Quote Originally Posted by Dittohead not! View Post
    It sounds to me more like this: If there is a Democrat in the WhiteHouse, then obviously any economic woes are caused by the policies of that Democrat. If there's a Democrat in the Whitehouse and the economy is going well, then there is no cause and effect relationship between the policies and the economy.
    Yep, that's exactly what it is for them. Partisans will be partisan and it's why they make me laugh so much.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Conservative View Post
    LOL, here we go again, please explain to me how Clinton added 1.4 trillion to the debt with surpluses? Another individual who doesn't understand that there are two parts to the deficit thus you only post the part you like, not the stealing from SS and Medicare leaving a deficit in those categories to make the public debt categories look better.
    You don't and can't steal from Medicare and SS bozo. If that were the case any President could balance the budget on a whim. FICA revenues that exceed the needed outlays for a given year are mandated by law to be invested into US debt, i.e. Intragovermental holdings, thus the two opposite paths that deficits and cumulative debt took during the period. 15 years and some people still haven't figured this stuff out

    First Google result? Never a good move.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Conservative View Post
    Did he tell us that he would reduce the deficits from record levels and still have record deficits? Doubt most people considered that reality that we would have years of trillion dollar deficits and then trumpet reducing them to 400 Plus billion
    The quote about slashing deficits in half occurred before the recession, and well before the era of trillion dollar deficits which he would inherit. That's a failed attempt at political gotcha.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Slyfox696 View Post
    Not at all. I just understand correlation and causation are not determined by a letter behind a politician's name. I have no hope you possess the same understanding.
    So you say, but then you fail to demonstrate by action. You know what that's called?

    Think of something good.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  10. #470
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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by a351 View Post
    You don't and can't steal from Medicare and SS bozo. If that were the case any President could balance the budget on a whim. FICA revenues that exceed the needed outlays for a given year are mandated by law to be invested into US debt, i.e. Intragovermental holdings, thus the two opposite paths that deficits and cumulative debt took during the period. 15 years and some people still haven't figured this stuff out



    First Google result? Never a good move.
    Bozo?? LOL, you obviously have no idea what you are talking about. LBJ put SS and Medicare on budget in the mid 60's and the Congress and Presidents have been using the money for years to show a lower public deficit than we actually have. They replaced the money taken with IOU's that are now unfunded mandates. You really ought to do research before making a fool of yourself.

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