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Why Do liberals Support Massive Deficits and Debt?

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James972

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Because their first priority is more welfare state entitlements that they use to buy votes. This is nothing less than subversion of our democracy and should be illegal. A simple Balanced Budget Amendment would solve this liberal problem.
 
James972 said:
Because their first priority is more welfare state entitlements that they use to buy votes. This is nothing less than subversion of our democracy and should be illegal. A simple Balanced Budget Amendment would solve this liberal problem.
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Germany provides single payer healthcare to everyone and free college and runs a surplus.


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Winston said:
Germany provides single payer healthcare to everyone and free college and runs a surplus.


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They do not have the most expensive military on the planet or 12 million illegal immigrants.
 
Winston said:
Germany provides single payer healthcare to everyone and free college and runs a surplus.


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He said welfare entitlements, which healthcare and education is not.
 
Winston said:
Germany provides single payer healthcare to everyone and free college and runs a surplus.


Sent from my iPhone using Tapatalk
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and your point is???
 
Hawkeye10 said:
The same reason as everyone else, they are willful, lazy, and immoral.
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Republicans don't support debt and deficits in fact they have tried 30 times to make deficits illegal. Do you understand?
 
ttwtt78640 said:
They do not have the most expensive military on the planet or 12 million illegal immigrants.
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so what?? liberals would easily spend any savings on welfare entitlements to buy voted as per op
 
James972 said:
Because their first priority is more welfare state entitlements that they use to buy votes. This is nothing less than subversion of our democracy and should be illegal. A simple Balanced Budget Amendment would solve this liberal problem.
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They support massive deficits and debt because it's the only way they can fund their massive government.
 
ttwtt78640 said:
... 12 million illegal immigrants.
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Illegal immigrants are cost-beneficial for the federal government. Roughly half pay payroll and incomes taxes, and none are eligible to receive federal benefits. That's because a faked or stolen SS# are still applicable to have taxes withheld, but it doesn't fly when it would come time to cash in on those SS benes.
 
James972 said:
Republicans don't support debt and deficits in fact they have tried 30 times to make deficits illegal. Do you understand?
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Which is why they just passed a tax bill that will cost the federal government $1.75 trillion over the next decade?!
 
brothern said:
Which is why they just passed a tax bill that will cost the federal government $1.75 trillion over the next decade?!
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true but nevertheless Republicans have tried 30 times to make debt illegal and liberals have never tried.
 
James972 said:
true but nevertheless Republicans have tried 30 times to make debt illegal and liberals have never tried.
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If you want a serious answer - the government carrying a debt is a desirable state. Same with large business, or other organizations for that matter.

Certain types of financial institutions and other lenders are willing to lend capital at extremely low interest rates especially to governments as large and as stable as the United States. That's because the US government has the right to levy taxes on a nation of 300m people. Or, if it were a big company, because XYZ company is integral to some market or has some advantage in collecting a stable source of revenue. These types are seeking investment profiles that offer security, stability and/or current income.

Therefore, with such easy access to capital, it would be extremely, extremely stupid to not borrow that capital at those discount rates and use it to invest in infrastructure. For the US government that would be the welfare of its citizenry. For companies that may be investments in R&D or PP&E. Thus instead of the organization operating at only 100% of its budget, it's able to operate at 150% of its budget.

Understand?
 
brothern said:
If you want a serious answer - the government carrying a debt is a desirable state. Same with large business, or other organizations for that matter.
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Wrong of course!! Each American family now owes $200k on debt. Its like having another house that you own and must pay for but cant live in it. The payments comes right out of our standard of living. Worse, we got nothing for it, the problems were not solved but rather made worse, which is why they keep asking for more and more and going further and further in debt. This is desirable??

Business debt is 100% different if you go in debt and use money to make bad investments you go bankrupt thus you are limited and bankrupted. If only our liberal politicians faced such consequences. Now do you understand?
 
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James972 said:
Republicans don't support debt and deficits in fact they have tried 30 times to make deficits illegal. Do you understand?
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What do you think happens with tax cut and spend? Sorry but yes they do, in fact every Republican president has at least DOUBLED the debt. The way Trump is wanting to spend, he will be on par to continue that. DO YOU UNDERSTAND?
 
brothern said:
Therefore, with such easy access to capital, it would be extremely, extremely stupid to not borrow that capital at those discount rates and use it to invest in infrastructure. For the US government that would be the welfare of its citizenry.
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we tried massive debt ; infrastructure and welfare needs were accelerated not reduced so they always need more to cope with the massive waste. each family in America is already 200k in debt and paying for it out of their life style. Do you get it?
 
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Because they still think communism works.
 
apdst said:
Because they still think communism works.
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yes they pretend East/West Germany and 132 other examples never happened and the very next time we try communism it will work because it based in love and caring whereas capitalism is merely based in profit.
 
James972 said:
"Why Do liberals Support Massive Deficits and Debt?"

Because their first priority is more welfare state entitlements that they use to buy votes. This is nothing less than subversion of our democracy and should be illegal. A simple Balanced Budget Amendment would solve this liberal problem.
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This entire OP is nothing but partisan nonsense.

In no particular order:

1. "Conservatives" in the White House and when in control of Congress are just as likely to deficit spend as their counterparts. Just about every Republican President in modern times has at least if not greater than doubled our Debt, most Congresses under Republican control see similar fate to our Debt.

2. Conservatives and Liberals both buy their votes, there is no evidence you can bring that suggests Conservatives do not buy their votes.

3. A "Balanced Budget Amendment" is a dream, even what has been suggested has plenty of outs for War, Economic Conditions, etc. I would go so far as to say there is no principle of any modern economics that suggests a such an Amendment does anything meaningful which is why even "Conservatives" allow for so many ways to get around it.
 
brothern said:
Illegal immigrants are cost-beneficial for the federal government. Roughly half pay payroll and incomes taxes, and none are eligible to receive federal benefits. That's because a faked or stolen SS# are still applicable to have taxes withheld, but it doesn't fly when it would come time to cash in on those SS benes.
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Hmm... would it be equally cost-beneficial if roughly half of other workers paid payroll and income taxes and used fake or stolen SSNs?
 
OrphanSlug said:
This entire OP is nothing but partisan nonsense.
1. "Conservatives" in the White House and when in control of Congress are just as likely to deficit spend as their counterparts..
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of course not true. Conservatives have introduced 30 Balanced Budget Amendments, all were killed by liberals, and liberals proposed none!! Case closed. Not to mention limited spending is part of Conservative philosophy while wild spending is part of liberal philosophy. Do you understand?
 
OrphanSlug said:
2. Conservatives and Liberals both buy their votes, there is no evidence you can bring that suggests Conservatives do not buy their votes.
.
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what??? liberal always expand the welfare entitlement programs that 90 millons Americans receive. Conservative have no such programs to speak of.
 
OrphanSlug said:
3. A "Balanced Budget Amendment" is a dream, even what has been suggested has plenty of outs for War, Economic Conditions, etc. I would go so far as to say there is no principle of any modern economics that suggests a such an Amendment does anything meaningful which is why even "Conservatives" allow for so many ways to get around it.
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all the states have them and they work fine and can work even better
 
James972 said:
Because their first priority is more welfare state entitlements that they use to buy votes. This is nothing less than subversion of our democracy and should be illegal. A simple Balanced Budget Amendment would solve this liberal problem.
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Trump's tax cut for corporations is going to grow the deficit. Personally, I'm ok with lower corporate taxes, but calling it a "liberal" problem is very inaccurate.

I think you need to write Trump a letter demanding he pay for it since you're so concerned.
 
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