Page 3 of 14 FirstFirst 1234513 ... LastLast
Results 21 to 30 of 140

Thread: Spending up 9%

  1. #21
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 11:01 PM
    Gender
    Lean
    Conservative
    Posts
    85,624

    Re: Spending up 9%

    Quote Originally Posted by Cordelier View Post
    Revenues for this year are running at 16.1% of GDP... do you know when the last time a level like that would have balanced the budget? 1956!
    So it is all about revenue for you and never the abuse of the Congress on spending including social engineering which is state and local responsibilities? People keeping more of what they earn needs less of that so called liberal "help" so if now isn't the time to cut spending when is? The House is controlled by the Democrats, where are their spending cuts?

  2. #22
    Guru
    Cordelier's Avatar
    Join Date
    Oct 2017
    Last Seen
    07-17-19 @ 11:46 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    2,814

    Re: Spending up 9%

    Quote Originally Posted by Conservative View Post
    So it is all about revenue for you and never the abuse of the Congress on spending including social engineering which is state and local responsibilities? People keeping more of what they earn needs less of that so called liberal "help" so if now isn't the time to cut spending when is? The House is controlled by the Democrats, where are their spending cuts?
    I never suggested it was all about revenue.... ideally, and when the economic conditions warrant it (ie, a 4% growth rate), I'd eventually like to see the Budget balance at about 19.5% of GDP - about where it balanced during Clinton's second term. That's going to require revenue increases and spending cuts.... but more on the revenue side - it's going to have to be about a 70-30 split.
    "He who knows, does not speak. He who speaks, does not know." --- Lao Tzu

  3. #23
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 11:01 PM
    Gender
    Lean
    Conservative
    Posts
    85,624

    Re: Spending up 9%

    Quote Originally Posted by Cordelier View Post
    I never suggested it was all about revenue.... ideally, and when the economic conditions warrant it (ie, a 4% growth rate), I'd eventually like to see the Budget balance at about 19.5% of GDP - about where it balanced during Clinton's second term. That's going to require revenue increases and spending cuts.... but more on the revenue side - it's going to have to be about a 70-30 split.
    Have you ever head a job or are you just a professional student who reads a lot of books? Revenue as a percentage of GDP is irrelevant as we have a private sector economy with Gov't tax revenue, the two are quite different. Economy growth rates also don't matter with a 22 trillion dollar economy, GDP dollars matter and Trump has increased GDP dollars two trillion in 2 years, Obama-4.2 trillion in 8 with gov't spending being quite a bit of that due to the 842 billion stimulus.

    People keeping more of their money need less of that so called gov't help so if you really want to balance the budget cut spending especially on social programs returning them all to the states. The real problem is that with our over 4 trillion dollar federal budget most of it is entitlement/social spending(mandatory) whereas 30% is discretionary spending. Something has to give and that something is liberalism or spending in the name of compassion with a federal bureaucrat doing the spending which actually provides compassion to the bureaucrats along with power.

  4. #24
    Guru
    Cordelier's Avatar
    Join Date
    Oct 2017
    Last Seen
    07-17-19 @ 11:46 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    2,814

    Re: Spending up 9%

    Quote Originally Posted by Conservative View Post
    Have you ever head a job or are you just a professional student who reads a lot of books? Revenue as a percentage of GDP is irrelevant as we have a private sector economy with Gov't tax revenue, the two are quite different. Economy growth rates also don't matter with a 22 trillion dollar economy, GDP dollars matter and Trump has increased GDP dollars two trillion in 2 years, Obama-4.2 trillion in 8 with gov't spending being quite a bit of that due to the 842 billion stimulus.

    People keeping more of their money need less of that so called gov't help so if you really want to balance the budget cut spending especially on social programs returning them all to the states. The real problem is that with our over 4 trillion dollar federal budget most of it is entitlement/social spending(mandatory) whereas 30% is discretionary spending. Something has to give and that something is liberalism or spending in the name of compassion with a federal bureaucrat doing the spending which actually provides compassion to the bureaucrats along with power.
    Sure... shove it all on the states. So now a poor state like Mississippi - where the need for better education, better healthcare, and better opportunities are the greatest... they're the very same ones who can least afford it. Screw'em - they should have been born richer. That's brilliant, Connie. Meanwhile, over in Connecticut, where the needs aren't so great - they've got all kinds of money to spend on schools and healthcare and social programs. We need effective Federal programs to level the playing field and make sure everyone has the same opportunities - regardless of whether they were born in Mississippi or Connecticut. Give every kid that level playing field, and rest assured, the best and the brightest of them will rise to the top.

    All of those years we lived with slavery or segregation... looked the other way and swept it under the carpet. Everything's honky-dory. Does it ever make you wonder how much talent we squandered as a nation just in the South alone? If you were a black man born in Georgia before the end of Jim Crow, you could have been the most brilliant man who ever lived. Given the right support and encouragement, you could have cured cancer or have been the next Einstein. You could have been America's Da Vinci. Wouldn't have mattered though, would it? You were born poor, and poor is what you were going to stay. Smartest sharecropper who ever lived.

    Times changed, though... we've knocked down those racial barriers - now we need to do better on knocking down the income barriers... because just like being born rich is the surest way of becoming rich, being born poor is the surest way of remaining poor.
    "He who knows, does not speak. He who speaks, does not know." --- Lao Tzu

  5. #25
    Sage
    Greenbeard's Avatar
    Join Date
    Aug 2013
    Location
    Cambridge, MA
    Last Seen
    Today @ 07:35 AM
    Gender
    Lean
    Slightly Liberal
    Posts
    8,908

    Re: Spending up 9%

    Quote Originally Posted by Cordelier View Post
    Sure... shove it all on the states. So now a poor state like Mississippi - where the need for better education, better healthcare, and better opportunities are the greatest... they're the very same ones who can least afford it. Screw'em - they should have been born richer. That's brilliant, Connie. Meanwhile, over in Connecticut, where the needs aren't so great - they've got all kinds of money to spend on schools and healthcare and social programs. We need effective Federal programs to level the playing field and make sure everyone has the same opportunities - regardless of whether they were born in Mississippi or Connecticut. Give every kid that level playing field, and rest assured, the best and the brightest of them will rise to the top.
    There's a reason the guy you're responding to would never in a million years trade in his federal Medicare to enroll in Texas's Medicaid program as part of some large-scale devolution revolution. He usually forgets to write it all out but what he really means is "return the social programs I'm not using to the states."

  6. #26
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 11:01 PM
    Gender
    Lean
    Conservative
    Posts
    85,624

    Re: Spending up 9%

    Quote Originally Posted by Cordelier View Post
    Sure... shove it all on the states. So now a poor state like Mississippi - where the need for better education, better healthcare, and better opportunities are the greatest... they're the very same ones who can least afford it. Screw'em - they should have been born richer. That's brilliant, Connie. Meanwhile, over in Connecticut, where the needs aren't so great - they've got all kinds of money to spend on schools and healthcare and social programs. We need effective Federal programs to level the playing field and make sure everyone has the same opportunities - regardless of whether they were born in Mississippi or Connecticut. Give every kid that level playing field, and rest assured, the best and the brightest of them will rise to the top.

    All of those years we lived with slavery or segregation... looked the other way and swept it under the carpet. Everything's honky-dory. Does it ever make you wonder how much talent we squandered as a nation just in the South alone? If you were a black man born in Georgia before the end of Jim Crow, you could have been the most brilliant man who ever lived. Given the right support and encouragement, you could have cured cancer or have been the next Einstein. You could have been America's Da Vinci. Wouldn't have mattered though, would it? You were born poor, and poor is what you were going to stay. Smartest sharecropper who ever lived.

    Times changed, though... we've knocked down those racial barriers - now we need to do better on knocking down the income barriers... because just like being born rich is the surest way of becoming rich, being born poor is the surest way of remaining poor.
    LOL, yep the poor old Mississippi argument ignoring that federal taxes being reduced gives the state more of an opportunity to raise taxes if necessary. Interesting isn't it that people keep moving to Mississippi as they obviously aren't as smart as you

    You really have no idea what the role is of the state and federal gov'ts do you? Nor do you understand what funds specific programs including education. This is a problem with the left and why the left believes in a massive central gov't that takes power away from the states

    Cannot wait until you get your first job, start paying taxes on everything and maybe then you will understand the reality of a bloated over reaching federal bureaucracy without term limits that have career jobs and power

    Keep believing what you are told and ignore reality which again you ignored, 70% of the U.S. budget is entitlement and social spending, 30% of the budget is discretionary including defense. So how much is enough for you?

    You want to knock down income barriers? How do you propose doing that? You don't understand personal responsibility nor do you understand the private sector. Nothing is preventing you from joining the rich except for you and your attitude. I know, I used to be a liberal but outgrew it when I saw more of my paycheck going to bureaucrats who spent it in the name of compassion yet never generating compassionate results like solving problems. How many billions is it going to take and where is the accountability.

  7. #27
    Guru
    Cordelier's Avatar
    Join Date
    Oct 2017
    Last Seen
    07-17-19 @ 11:46 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    2,814

    Re: Spending up 9%

    Quote Originally Posted by Conservative View Post
    LOL, yep the poor old Mississippi argument ignoring that federal taxes being reduced gives the state more of an opportunity to raise taxes if necessary. Interesting isn't it that people keep moving to Mississippi as they obviously aren't as smart as you

    You really have no idea what the role is of the state and federal gov'ts do you? Nor do you understand what funds specific programs including education. This is a problem with the left and why the left believes in a massive central gov't that takes power away from the states

    Cannot wait until you get your first job, start paying taxes on everything and maybe then you will understand the reality of a bloated over reaching federal bureaucracy without term limits that have career jobs and power

    Keep believing what you are told and ignore reality which again you ignored, 70% of the U.S. budget is entitlement and social spending, 30% of the budget is discretionary including defense. So how much is enough for you?

    You want to knock down income barriers? How do you propose doing that? You don't understand personal responsibility nor do you understand the private sector. Nothing is preventing you from joining the rich except for you and your attitude. I know, I used to be a liberal but outgrew it when I saw more of my paycheck going to bureaucrats who spent it in the name of compassion yet never generating compassionate results like solving problems. How many billions is it going to take and where is the accountability.
    *LOL* Never fails... you get someone on the ropes, and they start making the debate personal. Fair is fair, though.... I know I did accuse you of reeking of oil earlier, so I'm not blameless on this front myself. But truth be told, you do remind me of every pipe-slinging roughneck I've ever met.... once they start making six figures pumping crude out of the ground, they get to thinking they've got all the answers. Hate to break it to you, but you're not going to find'em buried under that salt dome.

    Professional student... maybe technically, I guess. I'm always studying something or other. But I like wine, women (well, woman now) and song too much to do it full-time. After I got out the Army, I did the University thing for a while... but it bored the crap out of me. Apologies to Jessie Dayton, but I guess my collar was a little too blue. Since then I've been (to name a few) a ship's mate, a network administrator, a college instructor, a ranch hand, a butcher and now I'm on a forestry firefighting crew. Literally one end of the country to the other and points in between. I find I can get 5 years out of a career before it starts boring the hell out of me.... then it's either stick with it and stagnate or move on to the next thing that interests me. So good luck putting me in whatever box you want to try and put me into.

    As for your last paragraph.... you think I want to be rich?? Screw that... so long as I'm making enough to be comfortable, that's fine with me. Any more than that is just being greedy. Besides, every rich person I've ever met has been stunted in some way. They're either born into it and are so stupid or lazy they can't tell their arm from their elbow... or they've earned it through single-minded determination. They may be a great singer or actor or businessman or lawyer or however they earned their money... but try talking to them about something outside of that field, and they don't have a clue. I never wanted to be that guy either.
    "He who knows, does not speak. He who speaks, does not know." --- Lao Tzu

  8. #28
    Guru
    Cordelier's Avatar
    Join Date
    Oct 2017
    Last Seen
    07-17-19 @ 11:46 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    2,814

    Re: Spending up 9%

    Quote Originally Posted by Greenbeard View Post
    There's a reason the guy you're responding to would never in a million years trade in his federal Medicare to enroll in Texas's Medicaid program as part of some large-scale devolution revolution. He usually forgets to write it all out but what he really means is "return the social programs I'm not using to the states."
    I think you called that one, alright... that's always the way with these types, isn't it? Keep your stinking Big Government hands off of my Medicare! *L*
    "He who knows, does not speak. He who speaks, does not know." --- Lao Tzu

  9. #29
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 11:01 PM
    Gender
    Lean
    Conservative
    Posts
    85,624

    Re: Spending up 9%

    Quote Originally Posted by Cordelier View Post
    *LOL* Never fails... you get someone on the ropes, and they start making the debate personal. Fair is fair, though.... I know I did accuse you of reeking of oil earlier, so I'm not blameless on this front myself. But truth be told, you do remind me of every pipe-slinging roughneck I've ever met.... once they start making six figures pumping crude out of the ground, they get to thinking they've got all the answers. Hate to break it to you, but you're not going to find'em buried under that salt dome.

    Professional student... maybe technically, I guess. I'm always studying something or other. But I like wine, women (well, woman now) and song too much to do it full-time. After I got out the Army, I did the University thing for a while... but it bored the crap out of me. Apologies to Jessie Dayton, but I guess my collar was a little too blue. Since then I've been (to name a few) a ship's mate, a network administrator, a college instructor, a ranch hand, a butcher and now I'm on a forestry firefighting crew. Literally one end of the country to the other and points in between. I find I can get 5 years out of a career before it starts boring the hell out of me.... then it's either stick with it and stagnate or move on to the next thing that interests me. So good luck putting me in whatever box you want to try and put me into.

    As for your last paragraph.... you think I want to be rich?? Screw that... so long as I'm making enough to be comfortable, that's fine with me. Any more than that is just being greedy. Besides, every rich person I've ever met has been stunted in some way. They're either born into it and are so stupid or lazy they can't tell their arm from their elbow... or they've earned it through single-minded determination. They may be a great singer or actor or businessman or lawyer or however they earned their money... but try talking to them about something outside of that field, and they don't have a clue. I never wanted to be that guy either.
    Look you have zero credibility, I spent 35 years in the business world running a 200 million dollar a year business employing over 1200 people. You talk about fairness, what is fair about 44% of income earning Americans not paying ANY Federal Income Taxes and the top 1% paying 40% which to you isn't enough?

    Every rich person you met?? Looks like nothing but jealousy to me, class envy. Why? What is wrong with you and where did you learn it was their responsibility to pay for your personal responsibility issues? I feel sorry for people like you but see far too many like minded people here that think or should I say feel like you. None have any respect for anyone else but themselves and are the true selfish ones wanting someone else's income

  10. #30
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 11:01 PM
    Gender
    Lean
    Conservative
    Posts
    85,624

    Re: Spending up 9%

    Quote Originally Posted by Cordelier View Post
    I think you called that one, alright... that's always the way with these types, isn't it? Keep your stinking Big Government hands off of my Medicare! *L*
    There is no comparison between Medicaid and Medicare. Cannot even believe people are this dumb to believe that you can exchange one for the other. Medicaid has nothing to do with retirement healthcare(Medicare), it is all income based. It is funded by the Federal Gov't whereas Medicare is funded by FICA taxes paid by employees and employers on each paycheck. Where in the hell did you get your information and where are you getting your education?? This is a complete embarrassment. No one can exchange one for the other as they aren't even close to being the same thing.

Page 3 of 14 FirstFirst 1234513 ... 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
  •