Page 7 of 38 FirstFirst ... 5678917 ... LastLast
Results 61 to 70 of 373

Thread: Deficit-swelling Trump White House plans to use deficit against Democrats

  1. #61
    Sage
    Media_Truth's Avatar
    Join Date
    Dec 2016
    Last Seen
    Yesterday @ 01:40 PM
    Gender
    Lean
    Independent
    Posts
    8,030

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Fletch View Post
    Maybe you two should just relax. Dems control the House. All spending bills originate there. The budget should be balanced this year.
    That's great, coming from Republicans. They controlled all three Legislative branches for 2 years, and did nothing but skyrocket the deficit. Nothing but a bunch of hypocrites.

  2. #62
    Sage
    Media_Truth's Avatar
    Join Date
    Dec 2016
    Last Seen
    Yesterday @ 01:40 PM
    Gender
    Lean
    Independent
    Posts
    8,030

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Born Free View Post
    I've already have done my research.

    Tell me what was the reading on the National Debt clock when Obama took office. Then take that same reading when Trump took office. You'll see clearly Obama doubled the national debt and he borrowed more than all the presidents before him combined.

    These are all simple numbers.
    Before Obama even put his hand on the Bible, the Bush deficit was heading up to $1.4 Trillion. Bush executed the worst presidential pass-on since the Great Depression - Housing/Banking crisis, plummeting stock market, CEO corruption gone amuck, 2 wars, a bankrupt US auto industry, and very high unemployment. After Obama fixed these problems, the deficit started dropping like a rock - less than half of the $1.4 Trillion.

  3. #63
    Advisor
    Join Date
    Dec 2018
    Last Seen
    05-17-19 @ 08:04 PM
    Gender
    Lean
    Independent
    Posts
    333

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Media_Truth View Post
    Before Obama even put his hand on the Bible, the Bush deficit was heading up to $1.4 Trillion. Bush executed the worst presidential pass-on since the Great Depression - Housing/Banking crisis, plummeting stock market, CEO corruption gone amuck, 2 wars, a bankrupt US auto industry, and very high unemployment. After Obama fixed these problems, the deficit started dropping like a rock - less than half of the $1.4 Trillion.
    the last fiscal year Obama was in office the debt went up 671 Billion dollars and Trumps first fiscal year it went up 1.27 Trillion dollars and they say in his 2nd Fiscal year it will be going up even more then that
    Fact is the debt has gone up more under Trump in his first fiscal year then it did in 6 out of the 8 years Obama was in office
    a LOT of right wingers on here keep repeating the old Republican lie that Obama doubled the debt or ran it up more then all his predecessors did
    well IN order for him to have done that he would have doubled it and IF he did that the debt would have had been over 23 Trillion dollars
    it was 11.92 Trillion on Oct 1 of 2009 when he took over the budget and debt and X that by 2 you are over 23 Trillion dollars and it was 20.3 Trillion when Trump took over
    I don't know when they are going to learn to do a little research before they repeat that Republican lie
    Have a good night

  4. #64
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 10:41 PM
    Gender
    Lean
    Conservative
    Posts
    83,936

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Rogue Valley View Post
    Deficit-swelling Trump White House plans to use deficit against Democrats





    The White House plan is to slash every program and leave military funding the same. However, the military budget would actually be increased due to White House plans to raid the Overseas Contingency Operations (OCO) fund, which no previous administration has ever before raided, and then add these pilfered funds to the Pentagon base budget.

    As always with Republicans, they spend like mad dogs while in office, and then demand drastic spending cuts from succeeding Democrat administrations when they are the minority party. This is also the Trump/GOP recipe.

    Related: Overseas Contingency Operations: The Pentagon Slush Fund
    Have you ever read the Constitution and learn about the true role of the Federal gov't? This forum is typical of the leftwing rags where opinion trumps basic civics and Congressional responsibilities. Somehow the deficit now matters to the left who still hasn't posted data showing what created the 17% increase in deficit in 2018 and how the FACT that there hasn't been a Trump trillion dollar deficit whereas Obama had four of them?

    Not sure what it is about the left and their ideology which prevents them from understanding basic civics and the Constitution but saying the same thing over and over again doesn't make the statements true. When you have a 4.4 trillion dollar budget and approximately 900 billion is for the military that isn't overspending on the defense of this country no matter how many times you radicals make the claim.

    I know this is going to be ignored but what has the Democratic Candidates for President offered to lower the deficit and what has the Democratic House proposed, 70% tax rate as if that is the answer? Where do the states and local governments get their money when more of the dollars resting in the hands of the citizens goes to the federal bureaucrats?

    Can you radicals explain to us all why you want higher taxes on the rich and still no FIT paid by approximately 50% of income earners who pay zero FIT? All you radicals seem clueless and none seem to have the ability to address actual issues and admit when wrong. Posting Krugman over and over again doesn't do much for the credibility of the left when that Keynesian economic policy throws money into the public sector

  5. #65
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 10:41 PM
    Gender
    Lean
    Conservative
    Posts
    83,936

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Media_Truth View Post
    Before Obama even put his hand on the Bible, the Bush deficit was heading up to $1.4 Trillion. Bush executed the worst presidential pass-on since the Great Depression - Housing/Banking crisis, plummeting stock market, CEO corruption gone amuck, 2 wars, a bankrupt US auto industry, and very high unemployment. After Obama fixed these problems, the deficit started dropping like a rock - less than half of the $1.4 Trillion.
    Again, you post the same crap over and over again and then run when rebuked. There was no 1.4 trillion dollar Bush deficit for 2009 as Bush didn't even have a budget approved and there is no way any President can create that deficit in 4 months as you charge him with all the expenses and none of the revenue. Revisionist history is like most liberal arguments, making the person feel good but never being accurate. You want badly to prop up the Obama record but ignore exactly what Obama did inherit

    A Democratic Congress

    TARP which recapitalized the banks and was a loan that was repaid in 2009 but reportedly added 350 billion to the "Bush" Deficit Projection

    NO APPROVED BUDGET but a budget signed by Obama

    A stimulus passed for shovel ready jobs and new taxpayers almost day one in office yet saw taxpayers reduced by 4 million in 2009 and 3 million in 2010

    Wonder when any left leaning supporter is going to address those issues or prove me wrong?

  6. #66
    Advisor
    Join Date
    Dec 2018
    Last Seen
    05-17-19 @ 08:04 PM
    Gender
    Lean
    Independent
    Posts
    333

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Conservative View Post
    Have you ever read the Constitution and learn about the true role of the Federal gov't? This forum is typical of the leftwing rags where opinion trumps basic civics and Congressional responsibilities. Somehow the deficit now matters to the left who still hasn't posted data showing what created the 17% increase in deficit in 2018 and how the FACT that there hasn't been a Trump trillion dollar deficit whereas Obama had four of them?

    Not sure what it is about the left and their ideology which prevents them from understanding basic civics and the Constitution but saying the same thing over and over again doesn't make the statements true. When you have a 4.4 trillion dollar budget and approximately 900 billion is for the military that isn't overspending on the defense of this country no matter how many times you radicals make the claim.

    I know this is going to be ignored but what has the Democratic Candidates for President offered to lower the deficit and what has the Democratic House proposed, 70% tax rate as if that is the answer? Where do the states and local governments get their money when more of the dollars resting in the hands of the citizens goes to the federal bureaucrats?

    Can you radicals explain to us all why you want higher taxes on the rich and still no FIT paid by approximately 50% of income earners who pay zero FIT? All you radicals seem clueless and none seem to have the ability to address actual issues and admit when wrong. Posting Krugman over and over again doesn't do much for the credibility of the left when that Keynesian economic policy throws money into the public sector
    Because the tax laws allow it.
    same as it allows over 42% of all large Corporations that made over a million dollars some well over a billion dollars in US profits not to pay one cent in US income taxes
    and the GAO estimates the Trump tax law will raise that up to about 65% of all large corporations
    So why do they get to use the infrastructure those taxes pay for for free?
    I know as you have said before the tax laws allow it
    Maybe it is time to change those tax laws
    have a nice day

  7. #67
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    lincoln park
    Last Seen
    Today @ 04:00 AM
    Gender
    Lean
    Independent
    Posts
    17,891

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Fletch View Post
    Maybe you two should just relax. Dems control the House. All spending bills originate there. The budget should be balanced this year.
    Why should the budget be balanced this year?
    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

  8. #68
    Sage



    Join Date
    Dec 2013
    Last Seen
    Today @ 06:04 AM
    Gender
    Lean
    Liberal
    Posts
    16,055

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by wellwisher View Post
    ...
    Trump is consistent with the theme; that which benefits all, comes first in the budget. He banks on military and police. He will protect the elderly and the children. In tough times, we need to remove the outer layers of the onion. These layers can be added back during prosperity, including pork barrel or the dried out peel of the onion, used by politicians to win reelection on the tax payer dime.

    The Democrats run the House and control the budget. They are making a strategic move to attach the deficit to Trump. This is good for Trump, since he can parle that shaming the Democrats into removing outer layers of the onion, which he has pledged.
    First, you give far too much credit to Trump, for upholding constitutional principles, that he has demonstrated he knows little about. Just like all modern Republicans, Trump tries to increase the defense budget -- whether the military wants the increase or not.

    Second, Trump doesn't "protect the elderly and the children." That statement is worthy of Soviet propaganda. In reality, Trump, like other modern Republicans, protects the wealthy and corporations. That's why the 2007 tax-cuts heavily benefited the rich and corporations, by design. Protect children? Trump's budget proposal was to kill Big Bird. Trump also wants to cut the children's health program, CHIP.

    Protect the elderly? Trump wants to cut Medicare.

    If you think Trump is trying to protect seniors and children or even average Americans, you are being fooled.

    Attaching the deficits to Trump isn't just "strategic" it's factual. His tax-cuts cut revenue and increase the deficit. His increases in defense spending do the same.

    It has not been demonstrated that the Pentagon is starving for funds and Americans given the choice between keeping the defense budget the same or cutting programs that give medical treatment to children and cutting Medicare -- so defense can be increased, Americans will always side with children and seniors.
    Last edited by MTAtech; 03-04-19 at 09:43 AM.
    "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

  9. #69
    Sage

    Join Date
    Dec 2013
    Last Seen
    Yesterday @ 01:52 PM
    Lean
    Undisclosed
    Posts
    41,381

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Quote Originally Posted by Fletch View Post
    Maybe you two should just relax. Dems control the House. All spending bills originate there. The budget should be balanced this year.
    Dem's have ever proposed a balanced budget in their life.

  10. #70
    A sinister place...
    OrphanSlug's Avatar
    Join Date
    Sep 2011
    Location
    Atlanta
    Last Seen
    Today @ 06:18 AM
    Gender
    Lean
    Independent
    Posts
    14,577

    Re: Deficit-swelling Trump White House plans to use deficit against Democrats

    Trump and Republicans (frankly Democrats too in some regards) can try to weaponize the deficit against one another politically, but where we are in deficit trends over the past several years is because of Trump and Congressional Republicans before he lost the House during the midterms. Obama is not completely without blame either.

    from FY 2012 to FY 2016 deficits were falling. Year on year GDP increases balanced out against spending during those years and we dropped from $1.299 Trillion to $438 Billion, but then the direction changed for FY 2016 to current and it looks like we are headed the wrong direction at a time where economic downturn is likely.

    There was a spending increase for FY 2016 to FY 2017 where Obama and Congressional Republicans basically passed an everyone get whatever you want spending series of bills, but also Trump came along with most the same Congressional Republicans and started in on Tax Cuts and spending more anyway.

    We should be back to over $Trillion dollar deficits for the next 6 years from FY 2019 at least without any real insight as to the needs of the next economic downturn that tends to explode the deficit from wherever it is at that point. We are already breaking auction records for Debt held by the Public and it stands to reason that it will get much worse if the economy has an issue during that next 6 years.

    Trump can try to use all this against against Democrats all he wants but fiscal and economic reality is not on his side, then again when has Trump ever cared about facts?
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

Page 7 of 38 FirstFirst ... 5678917 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •