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US Treasury to Borrow More Than $1.3 Trillion in 2018

MTAtech said:
You have no idea why the House went Republican in 1994, you a just making up your own self-serving reasons. I remember those days well and the GOP ran on the bad economy, which they helped create by torpedoing Clinton's request for economic stimulus. The general public overwhelmingly wants taxes on the rich to rise -- something contrary to GOP donors. So, when the GOP is in control, they lower taxes on billionaires.

Fast forward from the 1990s to this month's midterm elections, where the GOP got its butt whipped.

The GOP has a fundamental political problem: its policies are unpopular. It wants to cut taxes on the rich and slash social benefits; voters want the opposite. So how can the GOP win? The answer has long been what I think of as a 3-D strategy: deception, distraction, and disenfranchisement. We saw all three this year.

Deception: We're going to protect preexisting conditions! Really! Just trust us and pay no attention to what we've actually done! And to be fair, this approach probably blunted D attacks on health care -- but not enough to prevent big losses over the issue.

Distraction: Look over there! Evil caravan! For a while this looked as if it was gaining traction, thanks to a disastrous performance by the mainstream media, which bought fully into an obvious ploy. But in the end it basically fell flat.

Disenfranchisement -- throwing people off the voter rolls and making it hard to vote -- almost certainly got Rs governors' races in GA and FL, plus the FL Senate seat and some state legislatures. It's really shameful that this is how US politics works now. And given the results, the GOP will do it even more aggressively next time. The logic of the situation is turning the GOP into the enemy of democracy, and we should all be very worried.
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You truly are passionate and loyal to the failed leftwing ideology and Yes, I know why the Congress went Republican in 1994, the Clinton tax increase, declining GDP, and Contract with America. It truly is a shame that someone like you refuses to do research and always buys what the left tells you. Your lack of understanding of economics and civics is staggering.

Our country was Founded by people that knew power corrupts, they created a small central govt. and put power closer to the people. Over years politicians have learned how to create career jobs whereas states implemented term limits. For some reason you believe the Federal Govt. is the answer to all your state and local social problems when the reality shows that all the federal bureaucrats do is buy votes and create dependence

Keep spreading the lies about ACA as it makes you feel good but makes you look foolish. This is truly embarrassing. 27 million Americans remain uninsured today and most of those insured under ACA were eligible for Medicaid but hadn't signed up. those pesky little facts get in the way of your biased, partisan civics challenged opinions
 
D_NATURED said:
Why don't you try teaching algebra to chimps while you're at it. This debate has gone on for decades and the right has, as such, been responsible for much more of this nation's onerous debt than a simple disagreement can explain. This is the territory of religious denial or tenacious stupidity.
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I don't know what your problem is unless it's merely a burning desire to debate whatever and whenever you can. Oh, maybe you can't read or perhaps you can read but your comprehension of what you're reading doesn't communicate with your logical brain. I clearly stated that it's the Republican tax reform bill that's one of the main culprits responsible for the exploding deficit. I am beginning to understand that to effectively communicate in this forum, one needs to speak in bullet points and never explicate more than that on a thought.
 
Media_Truth said:
Playing with our deficits and our debt is not a popularity contest. Clinton did the right thing, and a less-than-ZERO deficit resulted. Republicans are now living La-La land. Eventually educated Americans will see them for what they are, with their short-term wreck-America policies.
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And Trump is doing the right thing, look at the 2019 budget, Trump's second and tell me he is doing the wrong thing? As usual you ignore the 1.4 trillion Treasury shows Clinton adding to the debt because like with most things you have no understanding of what constitutes the deficit, it is public debt and INTER-GOVERNMENT holdings. Interesting how educated Americans get it but you don't
 
D_NATURED said:
Jesus didn't force anyone to give anything but he did say to give unto Cesar what is Cesar's. He also said that the pursuit of money is the root of all evil. He also said that it's easier for a camel to pass through the eye of a needle than for a rich man to enter the gates of heaven. He also didn't charge people to heal them. He didn't profit or "prophet" from war or illness the way modern conservative, christian HYPOCRITES advocate.

That all being said, I am an atheist. However, there is abundant wisdom in some of what the Jesus character said. Wealth can be a curse that, by its nature, invites moral compromise. When you talk about people "keeping more of what they make", let's be clear that taking more of it does not leave those people hungry, homeless naked or sick. They are those who already have more than they need. The progressive tax system is progressive (duh) and, thus, your concern for the bottom lines of millionaires is extremely ignorant, inhuman and disingenuous. You're nothing like Jesus.
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Yes, Jesus promoted free will something forced redistribution of wealth doesn't do. You live in a country that allows you to be whatever you want including being ignorant of civics and economics. People keeping more of what they earn have choices on what to do with the money and since Trump took office charities are collecting record amounts, a simple fact that you want to ignore.

Never claimed to be like Jesus only that I am a Christian and believe in Jesus. You don't like it, tough, live with it
 
HumblePi said:
I don't know what your problem is unless it's merely a burning desire to debate whatever and whenever you can. Oh, maybe you can't read or perhaps you can read but your comprehension of what you're reading doesn't communicate with your logical brain. I clearly stated that it's the Republican tax reform bill that's one of the main culprits responsible for the exploding deficit. I am beginning to understand that to effectively communicate in this forum, one needs to speak in bullet points and never explicate more than that on a thought.
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And as usual you haven't posted Treasury data proving your point, rising tax revenue leads to a lower deficit not a higher one. You buy what you want to believe and ignore the actual facts
 
Conservative said:
And Trump is doing the right thing, look at the 2019 budget, Trump's second and tell me he is doing the wrong thing? As usual you ignore the 1.4 trillion Treasury shows Clinton adding to the debt because like with most things you have no understanding of what constitutes the deficit, it is public debt and INTER-GOVERNMENT holdings. Interesting how educated Americans get it but you don't
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Lying out your teeth again...
 
distraff said:
Obama did half the deficit, but that isn't that impressive when half is 650 billion. What needs to happen is that the deficit needs to be cut to zero so that when the next recession hits, we aren't starting with a high deficit. As I said before, the deficit was already heading to 1 trillion under Obama and had risen from 450 billion in 2015 to a projected 650 billion in 2017. It was projected to rise to 1 trillion by 2021, all things being equal, assuming no additional spending, and no recessions to speed it up. One problem with Obama is that he failed to cut spending. Federal spending rose from 3 trillion pre-recession to 4 trillion when Obama left office which prevented the deficit to come close to being filled.
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Actually, one need not cut the deficit to zero -- you just have to have the deficit, as a p% of GDP, lower than economic growth. I'll let my favorite economist explain from five and a half years ago.
Bear in mind that the budget doesn’t have to be balanced to put us on a fiscally sustainable path; all we need is a deficit small enough that debt grows more slowly than the economy. To take the classic example, America never did pay off the debt from World War II — in fact, our debt doubled in the 30 years that followed the war. But debt as a percentage of G.D.P. fell by three-quarters over the same period.
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MTAtech said:
Actually, one need not cut the deficit to zero -- you just have to have the deficit, as a p% of GDP, lower than economic growth. I'll let my favorite economist explain from five and a half years ago.
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The problem with that model is that during recessions, debt will rise faster than the economy, and if during growth periods it only grows slightly slower, then over time the debt will slowly become a larger and larger percent of the economy. Recessions will result in debt rising very quickly, so we will need it to drop very quickly during growth periods, and that is best done with zero deficit like we saw under Clinton.
 
HumblePi said:
I don't know what your problem is unless it's merely a burning desire to debate whatever and whenever you can. Oh, maybe you can't read or perhaps you can read but your comprehension of what you're reading doesn't communicate with your logical brain. I clearly stated that it's the Republican tax reform bill that's one of the main culprits responsible for the exploding deficit. I am beginning to understand that to effectively communicate in this forum, one needs to speak in bullet points and never explicate more than that on a thought.
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Uhhh...I was AGREEING with you, dude. Iron your panties.
 
Conservative said:
Yes, Jesus promoted free will something forced redistribution of wealth doesn't do. You live in a country that allows you to be whatever you want including being ignorant of civics and economics. People keeping more of what they earn have choices on what to do with the money and since Trump took office charities are collecting record amounts, a simple fact that you want to ignore.
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He didn't say give unto Cesar whatever the **** you like, so I disagree. He WAS in favor of taxes AND charity. The whole "keeping more of what you earn" thing is a bumper sticker, not rational policy. How do we determine who has EARNED what. Can one man earn a billion dollars in a lifetime when so many others work as hard for nothing? Clearly, Trump didn't earn his first 400 million, that was a gift from his daddy. Thus, he should have been taxed quite heavily on that money that he didn't earn. You see what I mean? Quit presuming that those who have money earned it. Much of it is stolen or cheated or given by rich relatives, not earned. Let's be clear that what you're engaged in here is wealth worship, not the defense of property rights. Jesus would call you out for that.

Never claimed to be like Jesus only that I am a Christian and believe in Jesus. You don't like it, tough, live with it
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Jesus didn't want you to just believe in him, he wanted you to ACT like him. Remember the judging you by what you DO part? In fact, everything the religious right does, like standing around praying loudly so everyone can hear them being extra pious, interjecting their faith into every issue, often as an excuse to do the wrong thing, and using Jesus as a bludgeon against civility and progress. All of those things would be despised by the Jesus character.

We should clarify that what it takes to be a Christian is all rhetoric today. No standard, intellectual or behavioral, exists. All you have to do is invoke Jesus' name over your morning Cheerios and all the part about healing the sick and feeding the hungry, about what you DO for the least of these (refugee caravan) can be ignored wholesale. Jesus, like everything else, has been incorporated, cheapened and sold to morons. I'm sure you're a fine example of a modern Christian (cough).
 
D_NATURED said:
Uhhh...I was AGREEING with you, dude. Iron your panties.
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Sorry, I was mistaking your comment about teaching algebra to a chimp as a diss aimed at me. Apologies. Oh, btw, I'm not a dude.
 
D_NATURED said:
He didn't say give unto Cesar whatever the **** you like, so I disagree. He WAS in favor of taxes AND charity. The whole "keeping more of what you earn" thing is a bumper sticker, not rational policy. How do we determine who has EARNED what. Can one man earn a billion dollars in a lifetime when so many others work as hard for nothing? Clearly, Trump didn't earn his first 400 million, that was a gift from his daddy. Thus, he should have been taxed quite heavily on that money that he didn't earn. You see what I mean? Quit presuming that those who have money earned it. Much of it is stolen or cheated or given by rich relatives, not earned. Let's be clear that what you're engaged in here is wealth worship, not the defense of property rights. Jesus would call you out for that.



Jesus didn't want you to just believe in him, he wanted you to ACT like him. Remember the judging you by what you DO part? In fact, everything the religious right does, like standing around praying loudly so everyone can hear them being extra pious, interjecting their faith into every issue, often as an excuse to do the wrong thing, and using Jesus as a bludgeon against civility and progress. All of those things would be despised by the Jesus character.

We should clarify that what it takes to be a Christian is all rhetoric today. No standard, intellectual or behavioral, exists. All you have to do is invoke Jesus' name over your morning Cheerios and all the part about healing the sick and feeding the hungry, about what you DO for the least of these (refugee caravan) can be ignored wholesale. Jesus, like everything else, has been incorporated, cheapened and sold to morons. I'm sure you're a fine example of a modern Christian (cough).
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Trump's personal life is none of our business or yours and has no bearing on the results being generate or the purpose of the Federal Govt. which apparently you don't understand. You are an Atheist in a country that allows you to be whoever you want and at least you ought to show some appreciation for that fact. Being a Christian isn't the issue either, basic civics, history, and the true role of the federal govt. is. Today's education system has truly failed you

Jesus believed in Free will and promoted freely giving of what you have and that is what is happening today. You prefer forced redistribution and are jealous of what others have, therein lies your problem. You are too busy trying to justify your own beliefs and telling everyone else they are wrong to even notice the real problem, YOU
 
HumblePi said:
Sorry, I was mistaking your comment about teaching algebra to a chimp as a diss aimed at me. Apologies. Oh, btw, I'm not a dude.
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Oh, lack of penis noted. Good day.
 
D_NATURED said:
Oh, lack of penis noted. Good day.
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this forum has been taken over by a bunch of kids who are clueless about our country, basic civics, and the true role of the various governments we have, federal, state and local along with the taxes we pay and their purpose along with being crude
 
MTAtech said:
First, Bill Clinton, a Democrat, was the only president in modern history to run a surplus.
Second, during the economic downturn that isn't a time to cut spending or raise taxes -- unless you want a depression.
Third, the historical record shows that Democrats are far more fiscally responsible than Republicans.
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(OR)

First, Tom Delay, Republican, was the only Majority Leader of the House in modern history to run a budget surplus.
Second, Trent Lott, Republican, was the only Majority Leader of the Senate in modern history to run a budget surplus.

And the historical record is that both Democrats and Republicans have been usually fiscally irresponsible.

Any more disingenuous partisan clichéd tropes?
 
maxparrish said:
(OR)

First, Tom Delay, Republican, was the only Majority Leader of the House in modern history to run a budget surplus.
Second, Trent Lott, Republican, was the only Majority Leader of the Senate in modern history to run a budget surplus.

And the historical record is that both Democrats and Republicans have been usually fiscally irresponsible.

Any more disingenuous partisan clichéd tropes?
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I already answered that here.
 
Conservative said:
this forum has been taken over by a bunch of kids who are clueless about our country, basic civics, and the true role of the various governments we have, federal, state and local along with the taxes we pay and their purpose along with being crude
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No, it's you who is clueless about our country, basic civics and the true role of government. Taxation is a power that government has that was BUILT into the constitution by the founders. It was ASSUMED by them that we wouldn't evolve or, should I say, DE-evolve into our current corporate state that has convinced the masses that the government spending money on them is a bad thing.

How can the government of WE the people be expected to establish justice and ensure domestic tranquility for free? Don't you understand how that very dangerous demand of conserv-itarian philosophy ultimately leads us to poverty and exploitation?

When you have finally torn down the very structure of justice who will protect YOUR interests much less mine? The right wing are fools to cut the floor out from under themselves by believing it to be merely a system for the support of the lazy. You guys are stunningly naive and recklessly dumb and if it were only you who would suffer, I'd silently allow it as a lesson. However, you're de-legitimizing every single aspect of civil society that's useful to the people, like the vote, the justice system and taxation of the rich.

History shows how dynastic wealth corrodes the pillars of justice and you guys prove it again and again. The real problem with rich people creating policy vicariously thorough the dumb is all the collateral damage, or "dumb-age", if you will, that goes with it. The values and virtues of our nation are not for sale or shouldn't be.
 
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