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Budget deficit smashes $1 trillion mark, the highest in seven years

Individual said:
NOT AT ALL!
But why would you PRESUME that failure would result in making anything better?
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"Sounds like you have no family, friends or loved ones you care anything about."

I do, therefore you're strawman is easily knocked down.

Now if you actually want to stick to the topic instead of me, the reason failure would make anything better is people would learn the way NOT to do it. They would learn to stop depending on govt. I and the ones I care about would pay less taxes. The govt would have less debt and pay less interest. The politicians would no longer be able to use massive social programs to control us through buying votes and fear of taking away things. The socialist would have less control over people.

The benefits of ending the failed welfare state are infinite.
 
jonny5 said:
"Sounds like you have no family, friends or loved ones you care anything about."

I do, therefore you're strawman is easily knocked down.

Now if you actually want to stick to the topic instead of me, the reason failure would make anything better is people would learn the way NOT to do it. They would learn to stop depending on govt. I and the ones I care about would pay less taxes. The govt would have less debt and pay less interest. The politicians would no longer be able to use massive social programs to control us through buying votes and fear of taking away things. The socialist would have less control over people.

The benefits of ending the failed welfare state are infinite.
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You will notice that we have the same group of liberals on every anti Trump, anti free market, and pro massive central gov't threads. Never have I seen so much passion on these issues. I do realize that these same people will no longer be seen when they are defeated at the polls by Americans who understand the nanny state and want no part of it.
 
jonny5 said:
"Sounds like you have no family, friends or loved ones you care anything about."

I do, therefore you're strawman is easily knocked down.

Now if you actually want to stick to the topic instead of me, the reason failure would make anything better is people would learn the way NOT to do it. They would learn to stop depending on govt. I and the ones I care about would pay less taxes. The govt would have less debt and pay less interest. The politicians would no longer be able to use massive social programs to control us through buying votes and fear of taking away things. The socialist would have less control over people.

The benefits of ending the failed welfare state are infinite.
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You actually believe failure is the "best" way to bring about change?
I'd really be interested in how you think that would work, relative to people of different income levels and wealth.
 
I don't like the federal government now, but I don't believe in "drowning it in a bathtub" either like Grover Norquist advocated. If you don't want to pay taxes here, then move to another country.
 
jonny5 said:
"Sounds like you have no family, friends or loved ones you care anything about."

I do, therefore you're strawman is easily knocked down.

Now if you actually want to stick to the topic instead of me, the reason failure would make anything better is people would learn the way NOT to do it. They would learn to stop depending on govt. I and the ones I care about would pay less taxes. The govt would have less debt and pay less interest. The politicians would no longer be able to use massive social programs to control us through buying votes and fear of taking away things. The socialist would have less control over people.

The benefits of ending the failed welfare state are infinite.
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If the system were to collapse, it wouldn't transition into the libertarian fantasy you describe above. Capitalism, as we know it, would come to an end as populist pressures push the economy to collectivism. But that's not going to happen. Through the works of Keynes, the government has the tools to prevent a breakdown in our market-orientated structure... a breakdown that leads to socialist revolution.
 
Individual said:
You actually believe failure is the "best" way to bring about change?
I'd really be interested in how you think that would work, relative to people of different income levels and wealth.
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Its up to free people to figure out how to best pursue happiness for themselves. Failure of the welfare state would cause each person to have to do so.
 
bradt99 said:
I don't like the federal government now, but I don't believe in "drowning it in a bathtub" either like Grover Norquist advocated. If you don't want to pay taxes here, then move to another country.
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Strawman. I do want to pay taxes, for the things I agreed to pay taxes for, that are outlined in my federal and state constitution. If you dont like limits on govt, then move to another country.
 
jonny5 said:
Strawman. I do want to pay taxes, for the things I agreed to pay taxes for, that are outlined in my federal and state constitution. If you dont like limits on govt, then move to another country.
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Here's the problem with the left, they don't trust the state and local governments to implement the social policies they want thus the go to the courts and the federal gov't for relief. This has always been about giving Federal bureaucrats more power of these states even though states have term limits and are closer to the people, people who don't support the liberal agenda and realize who is paying for that agende

The real problem with the deficit is the left is diverting from the line items in that budget that causes the deficits to rise. The bigger issue however is the Trump tax cuts put caps of what the taxpayers can deduct in state and local taxes meaning that high blue state taxes no longer can be deducted fully thus making the federal gov't subsidize those local spending problems

Blue state liberals also blur the lines between mandatory and discretionary budget items blaming federal mandates to the states as part of the mandatory budget, that isn't the case, those mandates are part of the discretionary budget funded by income taxes and the other taxes set up to fund discretionary spending items. They are truly pissed off that they are no paying more federal tax dollars with the tax cuts because of their deduction cuts but don't seem mature enough to admit it
 
j brown's body said:
The concern with Democrats is their spending helps people of all races, thus brown and Black people who are probably just lazy and represent a threat to our way of life. Tax cuts for the rich, mortgage and insurance deductions, forms of reverse spending, help people who look like "us."

This is why Trump carried white counties whose citizens would benefit from Democrat spending on healthcare reform and hurt by Trumps policies. It groups them in with those they consider to be unworthy.
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Is there a Godwins law of racism?
 
Glitch said:
They not only understand it, they created it. It is always about power, and Democrats desire to seize that power from the States and centralize it under the federal government. If the States wanted to create something like Social Security, they have the constitutional authority. The federal government, however, does not. Democrats cannot tolerate a limited government. They are compelled to make it an all-powerful fascist government at every opportunity. It is part of their mental illness.
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Republicans, on the other hand, cut back the size and power of the central government in every way that they can. For example.....for example....can't think of anything. Can anyone help?
 
jonny5 said:
Its up to free people to figure out how to best pursue happiness for themselves. Failure of the welfare state would cause each person to have to do so.
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So you're a man with a plan?

But Mousie, thou art no thy-lane,

In proving foresight may be vain:

The best laid schemes o’ Mice an’ Men

Gang aft agley,

An’ lea’e us nought but grief an’ pain,

For promis’d joy!



Still, thou art blest, compar’d wi’ me!

The present only toucheth thee:

But Och! I backward cast my e’e,

On prospects drear!

An’ forward tho’ I canna see,

I guess an’ fear!
 
Institute of international Finance: Global debt reached $233 trillion, an increase of $16 trillion over the year. The ratio of debt to global GDP is 316%. Let me remind you that the "uneffective" USSR ended with $100 billion (inflated) debts with a GDP of>$2 trillion. Financial capitalism is all about uncontrolled debts
Bloomberg - Are you a robot?

Humanity needs a second edition of the Communist party Manifesto
In Manifesto-2, in addition to the Marxist proletarians and their chains, two new topics must be heard:
1. Financial capitalism brought the amount of unsecured spending in the world to $300 trillion, condemning our descendants to inevitable crises in all spheres and world wars for survival.
2. Capital leads humanity to the future, which, due to the greed and stupidity of Capital, has not received the appropriate education and is 75% not ready to be a productive member of the economy of the future. Capital don't need 75% of people, they are in the column "useless expenses".
Manifesto-2 will not be about the "world revolution", but about the survival of man as the specie that he is now. Manifesto-2 will be a program to save humanity from the coming Technotronic (I'm afraid, for a very long time) fascism.
 
Individual said:
How about a 15.3% tax applied to income from ALL sources, and an additional 6% tax applied to the remaining income after deductions have been applied?
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And compare that to that taxes that set our American founders off!

Boy, times have sure changed
 
Ringo Stalin said:
Institute of international Finance: Global debt reached $233 trillion, an increase of $16 trillion over the year. The ratio of debt to global GDP is 316%. Let me remind you that the "uneffective" USSR ended with $100 billion (inflated) debts with a GDP of>$2 trillion. Financial capitalism is all about uncontrolled debts
Bloomberg - Are you a robot?

Humanity needs a second edition of the Communist party Manifesto
In Manifesto-2, in addition to the Marxist proletarians and their chains, two new topics must be heard:
1. Financial capitalism brought the amount of unsecured spending in the world to $300 trillion, condemning our descendants to inevitable crises in all spheres and world wars for survival.
2. Capital leads humanity to the future, which, due to the greed and stupidity of Capital, has not received the appropriate education and is 75% not ready to be a productive member of the economy of the future. Capital don't need 75% of people, they are in the column "useless expenses".
Manifesto-2 will not be about the "world revolution", but about the survival of man as the specie that he is now. Manifesto-2 will be a program to save humanity from the coming Technotronic (I'm afraid, for a very long time) fascism.
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Beats being murdered by communists I suppose.
 
Luther said:
And compare that to that taxes that set our American founders off!

Boy, times have sure changed
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I'm open to others suggestions. Just complaining solves nothing.
 
Glitch said:
The Democrats abolished the Social Security Trust Fund in 1968 in order to pay for LBJ's "Great Society" and "War on Poverty" (which has now cost more than all the real wars the US has ever fought, combined). All social security revenues have been going directly into the General Fund for the last 52 years, where they are spent by both Democrats and Republicans alike. Social Security is nothing more than a pyramid scheme, robbing Peter in order to pay Paul. We put Bernie Madoff in prison for doing the exact same thing our federal government has been doing with Social Security.
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Yes LBJ did put it on budget but in it was taken back off budget under Reagan
here is the history of the SS system
Social Security History
you can see LBJ did put it on budget but under Reagan it was taken off budget
and the Gramm Hollings Rudman act changed it again
it is way too long to cut and paste
I hope you will take the time to read it and find out just what happened and how it is now
Have a nice day
 
Individual said:
I'm open to others suggestions. Just complaining solves nothing.
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Actually, that was a very good point and got to the "heart of the matter"
 
Individual said:
Obviously so, if you're not part of the solution, you're part of the problem.
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It's more like a "fairy tale" that my solutions could take place in our broken political system that's all backed by a broken citizenry
 
Luther said:
It's more like a "fairy tale" that my solutions could take place in our broken political system that's all backed by a broken citizenry
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Is it that bad a solution?
 
Individual said:
We need to begin looking for solutions to problems rather than simply complain and try and place blame on one political party or the other.
We have basically 2 Federal budgets, the Mandatory spending budget primarily covering Social/Entitlement spending and the Discretionary budget primarily covering national defense, foreign aid, education and transportation.
My suggestion is to apply a flat 15.3% tax on all income from ANY source which would then provide the basis for Mandatory spending, with the surplus applied to reducing the Federal debt. Then, a additional flat tax of perhaps 6% would be applied to the remaining income after applying a personal deduction, which would then provide the basis for Discretionary spending. The Discretionary spending tax rate would by law be adjusted up or down annually as found necessary to eliminate debt accumulation or surplus.
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Exploding the debt, must be good if Trump does it. How about more tax cuts for the top 1% that should help.
 
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