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Thread: Deficit at Highest Level in 6 Years

  1. #791
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    Re: Deficit at Highest Level in 6 Years

    Quote Originally Posted by Kushinator View Post
    Suddenly you want to abandon your fake reasoning for using CPS data to push your false narrative. Sorry, it won't work.



    Which brings us back to recovering from a once-in-a-generation financial and economic crisis. We are at record low unemployment now... what is your reasoning for exploding the deficit?



    I don't care about your fascination with grasping at election results.



    I don't dislike any of it. I do however enjoy pointing out the hypocrisy on the right for cheer leading a continuation of a trend established 8 years ago. You lose.
    Sorry but the worst recession in history according to you had the worst recovery in history but liberals like you have very low expectations when another of your own is in the WH. This recession was a worldwide financial recession that affected you and your family how? It didn't affect me or mine at all nor more than half of all Americans but keep beating that drum and totally focusing on trends vs. actual numbers. Taking employment up 6 million in 8 years at a cost of 9.3 trillion and never having annual GDP Growth over 3% is hardly a trend to trumpet

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    Re: Deficit at Highest Level in 6 Years

    Quote Originally Posted by Conservative View Post
    Sorry but the worst recession in history according to you had the worst recovery in history but liberals like you have very low expectations when another of your own is in the WH.
    The worst recession in history did have the worst recovery in history. It started in 1929 and didn't truly recover until World War II.

    This recession was a worldwide financial recession that affected you and your family how?
    It impacted many families, businesses, nations, etc.... Just because you fail to recognize reality doesn't... in any way... diminish the severity of the Great Recession.

    It didn't affect me or mine at all
    Nobody cares.

    nor more than half of all Americans
    Feigned ignorance on the basis of partisanship isn't a compelling argument. It pretty much impacted the entire world.

    but keep beating that drum and totally focusing on trends vs. actual numbers.
    Trends are based on actual numbers.

    Taking employment up 6 million in 8 years ......
    This is false.



    Data doesn't lie....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Deficit at Highest Level in 6 Years

    Quote Originally Posted by Lord Tammerlain View Post
    US federal debt increased from $19.846 trillion on April 1, 2017 to $21.08 trillion on April 1 2018

    An increase of $1.24 trillion dollars over one year

    https://www.treasurydirect.gov/NP/de...1&endYear=2018
    Why does the right wing allege, tax cuts pay for themselves?

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    Re: Deficit at Highest Level in 6 Years

    Quote Originally Posted by danielpalos View Post
    Why does the right wing allege, tax cuts pay for themselves?
    That's easy. Republican donors demand that the Republican politicians that they own lower their taxes at all costs. These politicians can't just come out and admit, "folks, we are bought and sold and this is what our overlords demand." Instead, they, in concert with agenda organizations like the Heritage Foundation, lie. Paul Ryan has lied in every one of his "serious" Ryan Plans. As I wrote in another post, Back in 2011 the Congressional Budget Office, in evaluating one of Paul Ryan’s plans, came close to open sarcasm; it described the extreme spending cuts Mr. Ryan was assuming, then remarked, tersely, “No proposals were specified that would generate that path.”
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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    Re: Deficit at Highest Level in 6 Years

    Better solutions at lower cost, is what the right wing should have; not, nothing but repeal and Tax Cut Economics.

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    Re: Deficit at Highest Level in 6 Years

    Quote Originally Posted by MTAtech View Post
    That's easy. Republican donors demand that the Republican politicians that they own lower their taxes at all costs. These politicians can't just come out and admit, "folks, we are bought and sold and this is what our overlords demand." Instead, they, in concert with agenda organizations like the Heritage Foundation, lie. Paul Ryan has lied in every one of his "serious" Ryan Plans. As I wrote in another post, Back in 2011 the Congressional Budget Office, in evaluating one of Paul Ryan’s plans, came close to open sarcasm; it described the extreme spending cuts Mr. Ryan was assuming, then remarked, tersely, “No proposals were specified that would generate that path.”
    No doubt. It's amazing to me, warnings have been abundant, but the billionaire-controlled Republicans pay them no mind.

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    Re: Deficit at Highest Level in 6 Years

    Quote Originally Posted by Media_Truth View Post
    No doubt. It's amazing to me, warnings have been abundant, but the billionaire-controlled Republicans pay them no mind.
    How about responding to the facts instead of liberal Paul Krugman's rants? The Trump tax cut was scored by the CBO in NOVEMBER 2017 and show us that scoring it included the 3 million more taxpayers that were created January, February, and March 2018 or the almost 1 million fewer part time employees for economic reasons created by Obama who are now paying full time wages taxes?? Then there is the matter of the GDP growth that Kiplinger says will be 3.8% this year.

    All this hatred for people keeping more of what they earn and still no answer as to how that hurts you, your family, or the country?

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