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we're literally drowning ourselves in debt


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12 minutes ago, racer254 said:

Should not be anything negotiated at this point.  the Limit, Save, Grow Act should have been accepted by the democrats.  But they don't want to accept not being able to spend spend spend.

it's still $4T too high...

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24 minutes ago, Crnr2Crnr said:

it's still $4T too high...

Sure, but the republican party is at least trying to stop that right now.  And the dem party is just concentrating on blame rather than solutions.

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10 minutes ago, racer254 said:

Sure, but the republican party is at least trying to stop that right now.  And the dem party is just concentrating on blame rather than solutions.

do you hear me disagreeing? 

but, I told you they'd both cave in because neither is willing to take responsibility for causing an economic crisis heading into 2024

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2 minutes ago, Crnr2Crnr said:

do you hear me disagreeing? 

but, I told you they'd both cave in because neither is willing to take responsibility for causing an economic crisis heading into 2024

Oh, I agree, but which party followers are trying to vote differently to do something about it.  That is why republicans have so many groups like the tea party caucus etc.  Just trying to get a foot hold on stopping this type of spending behavior.  I don't see any separation of the dems trying to do this.  Do you?  Why do you think I voted for Ross Perot, it was a period that I thought maybe an outside party guy could win.  Now, I believe you have to use your votes to try and fix that from within the party rather than throw it at an independent.

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3 hours ago, racer254 said:

Sure, but the republican party is at least trying to stop that right now.  And the dem party is just concentrating on blame rather than solutions.

Why did the Repugs add debt when they controlled Congress and WH 2017-2018?  And how come orange man owns 25% of the nations total debt?  

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3 hours ago, Crnr2Crnr said:

do you hear me disagreeing? 

but, I told you they'd both cave in because neither is willing to take responsibility for causing an economic crisis heading into 2024

That’s bullshit.  Annual budget deficits are less under Dems - because they are willing to tax the ultra rich.  Can you point me to the Repug trickle from the insane Repug tax cuts?  
 

The Repug economic formula is cut taxes and increase spending.  You seem concerned but still consider yourself a traditional Repug?  That ship sailed with Ronnie’s trickled-on policies.  

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6 hours ago, racer254 said:

Sure, but the republican party is at least trying to stop that right now.  And the dem party is just concentrating on blame rather than solutions.

They both blame each other and it's the same old shit.

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15 hours ago, SnowRider said:

That’s bullshit.  Annual budget deficits are less under Dems - because they are willing to tax the ultra rich.  Can you point me to the Repug trickle from the insane Repug tax cuts?  
 

The Repug economic formula is cut taxes and increase spending.  You seem concerned but still consider yourself a traditional Repug?  That ship sailed with Ronnie’s trickled-on policies.  

Your whole bullshit about taxing more to decrease deficits is a farse.  It is a fact that taxes only work up to a certain point, after you reach that point it becomes just a detriment to society as a whole and actually negatively effects the economy.

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15 hours ago, SnowRider said:

That’s bullshit.  Annual budget deficits are less under Dems - because they are willing to tax the ultra rich.  Can you point me to the Repug trickle from the insane Repug tax cuts?  
 

The Repug economic formula is cut taxes and increase spending.  You seem concerned but still consider yourself a traditional Repug?  That ship sailed with Ronnie’s trickled-on policies.  

You failed to mention revenue went up when taxes were cut. You’re a mental midget and a partisan fool.

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16 minutes ago, racer254 said:

Your whole bullshit about taxing more to decrease deficits is a farse.  It is a fact that taxes only work up to a certain point, after you reach that point it becomes just a detriment to society as a whole and actually negatively effects the economy.

Is that why America was relatively debt free to very little debt until the 80’s when Ronny cut taxes for the rich and corporations in the guise of trickle on economics?  

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10 minutes ago, Edmo said:

You failed to mention revenue went up when taxes were cut. You’re a mental midget and a partisan fool.

Of course…..after revenues plunge they are going to increase :lol:   Lotta good info if you look outside your echo chamber :thumbsup:

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8 minutes ago, SnowRider said:

Of course…..after revenues plunge they are going to increase :lol:   Lotta good info if you look outside your echo chamber :thumbsup:

There was no plunge when taxes were lowered. It’s gone up year over year. The last 4/5 presidents AND congress have dug this debt hole for us. Only an idiot would try to blame just one side. But here you are… :dunno: 

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53 minutes ago, SnowRider said:

Is that why America was relatively debt free to very little debt until the 80’s when Ronny cut taxes for the rich and corporations in the guise of trickle on economics?  

If you look at the US Tax revenues, they don't match your little ginned up narrative as Edmo stated.

It's a spending problem, not a revenue problem.  It is very easy when looking at the numbers.

Fiscal Year Revenue
FY 2021 $4.05 trillion
FY 2020 $3.42 trillion
FY 2019 $3.46 trillion
FY 2018 $3.33 trillion
FY 2017 $3.32 trillion
FY 2016 $3.27 trillion
FY 2015 $3.25 trillion
FY 2014 $3.02 trillion
FY 2013 $2.78 trillion
FY 2012 $2.45 trillion
FY 2011 $2.30 trillion
FY 2010 $2.16 trillion
FY 2009 $2.11 trillion
FY 2008 $2.52 trillion
FY 2007 $2.57 trillion
FY 2006 $2.41 trillion
FY 2005 $2.15 trillion
FY 2004 $1.88 trillion
FY 2003 $1.78 trillion
FY 2002 $1.85 trillion
FY 2001 $1.99 trillion
FY 2000 $2.03 trillion
FY 1999 $1.83 trillion
FY 1998 $1.72 trillion
FY 1997 $1.58 trillion
FY 1996 $1.45 trillion
FY 1995 $1.35 trillion
FY 1994 $1.26 trillion
FY 1993 $1.15 trillion
FY 1992 $1.09 trillion
FY 1991 $1.06 trillion
FY 1990 $1.03 trillion
FY 1989 $991.1 billion
FY1988 $909.2 billion
FY 1987 $854.3 billion
FY 1986 $769.2 billion
FY 1985 $734.0 billion
FY 1984 $666.4 billion
FY 1983 $600.6 billion
FY 1982 $617.8 billion
FY 1981 $599.3 billion
FY 1980 $517.1 billion
FY 1979 $463.3 billion
FY 1978 $399.6 billion
FY 1977 $355.6 billion
FY 1976 $298.1 billion
FY 1975 $279.1 billion
FY 1974 $263.2 billion
FY 1973 $230.8 billion
FY 1972 $207.3 billion
FY 1971 $187.1 billion
FY 1970 $192.8 billion
FY 1969 $186.9 billion
FY 1968 $153.0 billion
FY 1967 $148.8 billion
FY 1966 $130.8 billion
FY 1965 $116.8 billion
FY 1964 $112.6 billion
FY 1963 $106.6 billion
FY 1962 $99.7 billion
Edited by racer254
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He keeps talking about trickle on. What do you call the Biden economy? Pummel us with inflation until the dollar is worth 25 cents? :lol: 

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7 minutes ago, Edmo said:

He keeps talking about trickle on. What do you call the Biden economy? Pummel us with inflation until the dollar is worth 25 cents? :lol: 

Oh, in his childish brain, funny little names for things that bother him help with coping.  There are all kinds of examples on here.  trickle on, magat's, etc.  He hears it from some liberal political site, then comes on here with it.

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17 hours ago, SnowRider said:

That’s bullshit.  Annual budget deficits are less under Dems - because they are willing to tax the ultra rich.  Can you point me to the Repug trickle from the insane Repug tax cuts?  
 

The Repug economic formula is cut taxes and increase spending.  You seem concerned but still consider yourself a traditional Repug?  That ship sailed with Ronnie’s trickled-on policies.  

obviously you haven't read the preceding 13 pages of my posts on the matters being discussed.

14 hours ago, Steve753 said:

They both blame each other and it's the same old shit.

precisely

we're still paying for Iraq and Afghanistan during Bush/Obama/Trump 

51 minutes ago, Edmo said:

There was no plunge when taxes were lowered. It’s gone up year over year. The last 4/5 presidents AND congress have dug this debt hole for us. Only an idiot would try to blame just one side. But here you are… :dunno: 

let's not forget multiple people from both sides in the House and Senate haven't made an effort to do anything about it for a couple decades.  

8 minutes ago, Edmo said:

He keeps talking about trickle on. What do you call the Biden economy? Pummel us with inflation until the dollar is worth 25 cents? :lol: 

the current stem of inflation has far more to do with $20T in stimulus and excessively low interest rates for far too long than it has to do with Trump or Biden.  IDK why people can't get that through their thick skulls.  

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7 minutes ago, Crnr2Crnr said:

the current stem of inflation has far more to do with $20T in stimulus and excessively low interest rates for far too long than it has to do with Trump or Biden.  IDK why people can't get that through their thick skulls.  

You can go back over pages and pages on this site. The same conservatives on this site (some are not on here any longer) were all warning about these "stimulus" bills for the last decade and how they were going to push inflation through the roof.  There are a few that just fail to understand it, or just flat out won't acknowledge it.

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12 minutes ago, racer254 said:

You can go back over pages and pages on this site. The same conservatives on this site (some are not on here any longer) were all warning about these "stimulus" bills for the last decade and how they were going to push inflation through the roof.  There are a few that just fail to understand it, or just flat out won't acknowledge it.

I'm sure.

I would like to see an amendment that requires any future stimulus bill that's proposed must come with a crystal clear payment plan attached to it.  We can't continue down this path as recent history has shown us.

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27 minutes ago, Crnr2Crnr said:

The current stem of inflation has far more to do with $20T in stimulus and excessively low interest rates for far too long than it has to do with Trump or Biden.  IDK why people can't get that through their thick skulls.  

Absolutely and regardless of the president those bills would have been pushed and passed.  Perhaps a slightly different dollar amount but even that is dubious as the president basically just didn't veto them.

The cure to solving any problem is a plan and neither side has one, will discuss one with the other or even seems to want one.  Instead they want to propose bandaids to push their political positions.  

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1 hour ago, Deephaven said:

Absolutely and regardless of the president those bills would have been pushed and passed.  Perhaps a slightly different dollar amount but even that is dubious as the president basically just didn't veto them.

The cure to solving any problem is a plan and neither side has one, will discuss one with the other or even seems to want one.  Instead they want to propose bandaids to push their political positions.  

correct

we collectively aren't holding our elected officials to a high enough standard... yet we continue to empower two parties who continue to underperform and keep running up the credit card bill.

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2 hours ago, racer254 said:

If you look at the US Tax revenues, they don't match your little ginned up narrative as Edmo stated.

It's a spending problem, not a revenue problem.  It is very easy when looking at the numbers.

Fiscal Year Revenue
FY 2021 $4.05 trillion
FY 2020 $3.42 trillion
FY 2019 $3.46 trillion
FY 2018 $3.33 trillion
FY 2017 $3.32 trillion
FY 2016 $3.27 trillion
FY 2015 $3.25 trillion
FY 2014 $3.02 trillion
FY 2013 $2.78 trillion
FY 2012 $2.45 trillion
FY 2011 $2.30 trillion
FY 2010 $2.16 trillion
FY 2009 $2.11 trillion
FY 2008 $2.52 trillion
FY 2007 $2.57 trillion
FY 2006 $2.41 trillion
FY 2005 $2.15 trillion
FY 2004 $1.88 trillion
FY 2003 $1.78 trillion
FY 2002 $1.85 trillion
FY 2001 $1.99 trillion
FY 2000 $2.03 trillion
FY 1999 $1.83 trillion
FY 1998 $1.72 trillion
FY 1997 $1.58 trillion
FY 1996 $1.45 trillion
FY 1995 $1.35 trillion
FY 1994 $1.26 trillion
FY 1993 $1.15 trillion
FY 1992 $1.09 trillion
FY 1991 $1.06 trillion
FY 1990 $1.03 trillion
FY 1989 $991.1 billion
FY1988 $909.2 billion
FY 1987 $854.3 billion
FY 1986 $769.2 billion
FY 1985 $734.0 billion
FY 1984 $666.4 billion
FY 1983 $600.6 billion
FY 1982 $617.8 billion
FY 1981 $599.3 billion
FY 1980 $517.1 billion
FY 1979 $463.3 billion
FY 1978 $399.6 billion
FY 1977 $355.6 billion
FY 1976 $298.1 billion
FY 1975 $279.1 billion
FY 1974 $263.2 billion
FY 1973 $230.8 billion
FY 1972 $207.3 billion
FY 1971 $187.1 billion
FY 1970 $192.8 billion
FY 1969 $186.9 billion
FY 1968 $153.0 billion
FY 1967 $148.8 billion
FY 1966 $130.8 billion
FY 1965 $116.8 billion
FY 1964 $112.6 billion
FY 1963 $106.6 billion
FY 1962 $99.7 billion

When you look at revenue vs GDP though it does look like 1983 to 1988 were a little below average.  
 

And if we look at deficits, those do appear to climb during the 80’s.  
 

 

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IMG_3818.png

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On 5/31/2023 at 10:02 AM, racer254 said:

Sure, but the republican party is at least trying to stop that right now.  And the dem party is just concentrating on blame rather than solutions.

No they’re not. They just spout out horseshit for consumption by dummies like you. The republicans have no more inclination to stop the gravy train than the dems. 

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6 minutes ago, spin_dry said:

No they’re not. They just spout out horseshit for consumption by dummies like you. The republicans have no more inclination to stop the gravy train than the dems. 

Well, name the last bill that democrats proposed that wanted to cut spending. 

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14 minutes ago, racer254 said:

Well, name the last bill that democrats proposed that wanted to cut spending. 

he can't, no one can because there isn't one. 

as I've said previously, if I were part of RNC leadership going into 2024 I would focus on economic matters in a manner that resonates with the common man and lay out a plan to focus upon lowering our debt and spending in a more logical and pragmatic manner. 

in other words, talking to the American taxpayers like a responsible adult.

you let me know if they do anything remotely like that, ok?  ;)

 

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