• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Dems: Tax/spend? Borrow/spend?

Would the Democrats prefer to be refered to as "tas and spend" or "Borrow and spend&q

  • Tax and spend

    Votes: 2 40.0%

  • Borrow and spend

    Votes: 1 20.0%

  • Both

    Votes: 2 40.0%
  • Total voters
    5
Historically, Dems tax and spend, the GOP borrows and spends. I prefer the former.....
 
I would rather be a high spender that paid for the what I spent, then a big spending deadbeat freeloader that passed the bill on to my children.

So I am going to go with Tax/spend.
 
SouthernDemocrat said:
I would rather be a high spender that paid for the what I spent, then a big spending deadbeat freeloader that passed the bill on to my children.

So I am going to go with Tax/spend.
Click to expand...
So, what do you think about Obama not raising taxes to pay for his spending?
 
Goobieman said:
So, what do you think about Obama not raising taxes to pay for his spending?
Click to expand...

I thought he was going to raise taxes to Clinton era levels on the top bracket though.
 
SouthernDemocrat said:
I thought he was going to raise taxes to Clinton era levels on the top bracket though.
Click to expand...
Even if He does, He still projects a 1.7T deficit.
So, again:
What do you think about Obama not raising taxes to pay for His spending?
 
Goobieman said:
I did read that. I even read it when you originally posted it.

It seems to me that you are not at all happy that He did not raise taxes suffiicent to cover His spending.

Correct?
Click to expand...

I think that right now would be a bad time to raise taxes. Its a horrible idea to raise taxes or reduce spending to try to balance the budget in the middle of a recession. However, we probably should raise taxes once economic growth resumes again. I also think that because of the size of the deficits relative to GDP, and the amount of debt carried over from the Bush years, we simply cannot afford anything as ambitious as Universal Healthcare right now.
 
I think the Dems are Tax and Spend. The Republicans are Borrow and Spend.
 
SouthernDemocrat said:
I think that right now would be a bad time to raise taxes.
Click to expand...
So, you ARE OK with being a big spending deadbeat freeloader that passes the bill on to you children?

I also think that because of the size of the deficits relative to GDP, and the amount of debt carried over from the Bush years...
Click to expand...
You do know that the $1.7T deficit He proposes is, in just one year, a little more than half of the total deficits unber Bush -- right?
 
Last edited:
Goobieman said:
So, you ARE OK with being a big spending deadbeat freeloader that passes the bill on to you children?
Click to expand...

I was being snarky with that remark because the poll is loaded. Deficits are perfectly acceptable in recessions. In fact, that spending acts a stimulus by offsetting contractions in economic activity in the private sector - basic Keynesian Economics there.

However, when the economy is growing once again, the goal should be to return to balanced budgets. For example, one should save money when the times are good, dip into those savings in bad times, and replenish them once good times return. Just like its irresponsible not to save some money and pay down debt when you are working, its irresponsible to try to all of a sudden save money when your out of work at the expense of meeting your families needs and paying your house and car payments. The government is no different.
 
Goobieman said:
You do know that the $1.7T deficit He proposes is, in just one year, a little more than half of the total deficits unber Bush -- right?
Click to expand...

Bush's deficits were far higher than his administration reported because they treated outlays like the costs of the wars in Afghanistan and Iraq as off budget. Bush inherited the largest surplus in the history of the United States and left office adding more to the national debt than all previous administrations combined.
 
SouthernDemocrat said:
I was being snarky with that remark because the poll is loaded. Deficits are perfectly acceptable in recessions. In fact, that spending acts a stimulus by offsetting contractions in economic activity in the private sector - basic Keynesian Economics there.
Click to expand...
This then includes the deficits during the Clinton/Bush recession of 2000-2002 -- right?

However, when the economy is growing once again, the goal should be to return to balanced budgets.
Click to expand...
I wonder how high the tax rates will need to be to cover the tens of trillions Obama will run up, and what those tax rates will do to the economy.
 
SouthernDemocrat said:
Bush's deficits were far higher than his administration reported because they treated outlays like the costs of the wars in Afghanistan and Iraq as off budget.
Click to expand...
Not so. the CBO numbers incluse -all- spending, including the off-budget spending on the wars. Total comes to ~$3.4T

Congressional Budget Office - Historical Budget Data

Bush inherited the largest surplus in the history of the United States and left office adding more to the national debt than all previous administrations combined.
Click to expand...
Dont worry -- its pretty clear that The Obama will make Bush look very very good.
 
Goobieman said:
Not so. the CBO numbers incluse -all- spending, including the off-budget spending on the wars. Total comes to ~$3.4T

Congressional Budget Office - Historical Budget Data


Dont worry -- its pretty clear that The Obama will make Bush look very very good.
Click to expand...

Lets see your Republicans in action:

National-Debt-GDP-L.gif


I think its pretty obvious the total lack of credibility they have on spending and deficits.
 
SouthernDemocrat said:
Lets see your Republicans in action:
I think its pretty obvious the total lack of credibility they have on spending and deficits.
Click to expand...
As I said:
Don't worry -- its pretty clear that The Obama will make them look very very good.
 
Goobieman said:
As I said:
Don't worry -- its pretty clear that The Obama will make them look very very good.
Click to expand...

nothing can ever make W. look good.........except the remote chance that Iraq will become a democracy and a friend and ally of the USA.

who wants to share with me the experience of holding your breath til that happens?
 
Goobieman said:
Wow. Partisan bigotry, raised to a new level.
Click to expand...

I voted for him, helping to put him in office, so that gives me the right to be displeased with his performance...
The first time Obama heads off in the wrong direction and then says "stay the course", then I will complain about him.
BTW, I voted for McCain, but felt sick about it. The GOP has copied the DEMS usual method of presenting its very worse choice of candidates....
The Dems did not win on merit alone, but won because there was no viable GOP candidate...IOW, the GOP handed the WH to the DEMS on a silver platter...
 
You know, I bet if McCain had won the election, and unveiled this ambitiuos spending plan with little or no tax increase, nobody would be saying "its ok, in a recession". Rather the response would be about the irresponsibilities of the GOP, once again. And those responses would be correct, just as they would be correct about the democrats, with Obama in office. Partisanship ruins, what should be universal condemnation of this outrageous amount of spending.
 
Goobieman said:
Even if He does, He still projects a 1.7T deficit.
So, again:
What do you think about Obama not raising taxes to pay for His spending?
Click to expand...

In light of a severe recession, I don't really mind him delaying that campaign promise for a couple years. I do, however, expect him to raise taxes as soon as the economy recovers, and will be disappointed if he does not.
 
You must log in or register to reply here.
Back
Top Bottom