Or distract them with abortion, gun grabbers, and killer migrants.Well they have a fundamental problem in that voters like higher taxes on the rich and more spending on services. Republicans on the other hand want lower taxes on the rich and less spending on services.
That only leaves them with two choices. They can either
1) do what the voters want or
2) lie about it
They went with option 2.
Well they have a fundamental problem in that voters like higher taxes on the rich and more spending on services. Republicans on the other hand want lower taxes on the rich and less spending on services.
That only leaves them with two choices. They can either
1) do what the voters want or
2) lie about it
They went with option 2.
Clinton also raised taxes at the start of his first term over deficit fears. After him (besides Trump) we only have Bush and Obama. It’s obvious Bush didn’t care about deficits but who knows about Obama? I mean under Obama increasing the deficit was the best thing he could have done for the nation’s long term debt health as fiscal multipliers for much of his time in office were above 1, meaning every deficit dollar spent made more than $1 of GDP, so deficits were actually making our debt more manageable. After all, if you had to go in debt $100 this year to increase your income yearly by $120 forever that’s a pretty fiscally responsible investment.
Obama didn't spend money on healthcare. The ACA saved us money compared to doing nothing. I guess you also think we should have let all those car companies fail in the midst of a recession when unemployment rates were already at 10%?Except that $9 trillion in debt Obama spent was more than all previous presidents combined.
All that money he spent on health care is driving costs UP.
Car manufacturers bailed out are now going to be laying off workers.
That was pretty responsible spending.
When Obama left office the debt was $20 trillion. It’s gone up $1.5 since Trump took office. That doesn’t sound like someone not caring about the debt.
And from the same OP article:
“As recently as last month, The Washington Post reported the president had urged staff to draw up a list of wide-ranging government cuts to drive spending down.”
Except that $9 trillion in debt Obama spent was more than all previous presidents combined.
All that money he spent on health care is driving costs UP.
Car manufacturers bailed out are now going to be laying off workers.
That was pretty responsible spending.
When Obama left office the debt was $20 trillion. It’s gone up $1.5 since Trump took office. That doesn’t sound like someone not caring about the debt.
And from the same OP article:
“As recently as last month, The Washington Post reported the president had urged staff to draw up a list of wide-ranging government cuts to drive spending down.”
Except that $9 trillion in debt Obama spent was more than all previous presidents combined.
All that money he spent on health care is driving costs UP.
Car manufacturers bailed out are now going to be laying off workers.
That was pretty responsible spending.
When Obama left office the debt was $20 trillion. It’s gone up $1.5 since Trump took office. That doesn’t sound like someone not caring about the debt.
And from the same OP article:
“As recently as last month, The Washington Post reported the president had urged staff to draw up a list of wide-ranging government cuts to drive spending down.”
Except that $9 trillion in debt Obama spent was more than all previous presidents combined.
All that money he spent on health care is driving costs UP.
Car manufacturers bailed out are now going to be laying off workers.
That was pretty responsible spending.
When Obama left office the debt was $20 trillion. It’s gone up $1.5 since Trump took office. That doesn’t sound like someone not caring about the debt.
And from the same OP article:
“As recently as last month, The Washington Post reported the president had urged staff to draw up a list of wide-ranging government cuts to drive spending down.”
You can't compare the two with such a simplistic observation.Obama came in with a deflationary economy. Revenue was dropping like a rock and unemployment was considerably higher than under Donnie.
http://www.oxfordreference.com/view/10.1093/oi/authority.20110803095655768
cyclically adjusted budget deficit
A calculation of what the government's budget deficit would be if the economy was at a normal level of activity. This is achieved by assuming that the rules and rates concerning spending and taxes are unchanged. As taxes are an increasing and government spending is a decreasing function of national income, during a slump in activity the cyclically adjusted budget deficit will be smaller than the actual, and an actual deficit may correspond to a cyclically adjusted budget surplus.
How about increasing revenues with tax increases at the top? I didn't notice the Rich having problems with being rich back in 1980 when their share of national income was half of what it is today.
How did we come to this place if not via their economic leadership? Shall we let them escape the consequences they wreak on the rest of America?
Obama didn't spend money on healthcare. The ACA saved us money compared to doing nothing. I guess you also think we should have let all those car companies fail in the midst of a recession when unemployment rates were already at 10%?
Good grief charlie brownhttps://www.independent.co.uk/news/...ernment-federal-tax-republicans-a8670046.html
Basically the GOP ideology in a nutshell: Make a huge fucking mess and let a democrat fix it all. Conservatives don't fucking care about long term damage to our economy or environment as long as they can extract as much short term profit as possible.
So what? That was objectively an extremely smart move. You want America to be less debt burdened rather than more, right? If so, you should be cheering Obama's deficit spending as fiscal multipliers were above one.
False. Health care inflation was considerably lower under Obama than under Bush. In addition, the ACA LOWERED the deficit, it didn't increase it.
What does that have to do with actions taken almost a decade ago?
Agreed.
Trump's policies are projected to add trillions to the debt from the baseline he inherited from Obama despite the economy being in a place where the fiscal multiplier is well below 1. That sounds exactly like someone who doesn't care about the debt to me, how about you?
The ACA reduced healthcare inflation. In other words, the person complaining about $6,000 health care plans would probably be complaining about $7,000 health care plans right now if the ACA had not passed....
Not sure how it saved us money? If you even look in the OT forum here you'll see people sacked with $6,000 or more health care plans not including deductibles. I know on my end self pay has even gone up.
Good point, on one hand if you let them fail people will be out of work and as you see if you bail them out people will be out of work. Though Ford as far as I'm aware didn't get bailed out and aren't laying anyone off.
I would be very surprised if paperfist knows what fiscal multipliers are or how they work because anyone that does understand them would not be making the arguments he is making.So what? That was objectively an extremely smart move. You want America to be less debt burdened rather than more, right? If so, you should be cheering Obama's deficit spending as fiscal multipliers were above one.
False. Health care inflation was considerably lower under Obama than under Bush. In addition, the ACA LOWERED the deficit, it didn't increase it.
What does that have to do with actions taken almost a decade ago?
Agreed.
Trump's policies are projected to add trillions to the debt from the baseline he inherited from Obama despite the economy being in a place where the fiscal multiplier is well below 1. That sounds exactly like someone who doesn't care about the debt to me, how about you?
Yes, I want us to be less debt burdened and not dependant on other countries. What in essence people here are saying is that it's Trump's fault and responsibility to get us out of massive debt that was largely the responsibility of his predecessor.
Obama's debt increase was rather deep though, cheer? Whatever the number you want to settle on for debt Obama created there's no way that kind of money can be lauded as well spent for the results it created. To be fair it's government spending the money so it never spent as well as the private sector.
The ACA started off well under Obama, but it's no longer in that state now.
If you're going to invest billions of dollars in a car company shouldn't they be lasting especially if you're saying the money Obama spent produced an excellent return on the dollar?
Like I said, Trump was quoted as saying otherwise in the same article that said he didn't care. Only time will tell.
I'm all in favor of increasing taxes on 'rich' people, but not in a way that Ocasio-Cortez would probably do it.
I think they say rich people will always be rich because they know how. You give a million dollars to everyone and those that were poor before will be poor afterward, the rich will invest it and remain rich.
Your last line you're talking about rich people or our presidents?
In other words, a person in the top 0.001 percent income bracket -- who would have an adjusted gross income of at least $62,000,000 -- pays the nearly same effective tax rate as somebody in the top 20 percent bracket who makes $85,000 in adjusted gross income.
As long as the US has the strongest military, no one is going to come collecting on the debt. It's just silly.
As long as the US has the strongest military, no one is going to come collecting on the debt. It's just silly.
As long as the US has the strongest military, no one is going to come collecting on the debt. It's just silly.
Yes, I want us to be less debt burdened and not dependant on other countries. What in essence people here are saying is that it's Trump's fault and responsibility to get us out of massive debt that was largely the responsibility of his predecessor.
Obama's debt increase was rather deep though, cheer? Whatever the number you want to settle on for debt Obama created there's no way that kind of money can be lauded as well spent for the results it created. To be fair it's government spending the money so it never spent as well as the private sector.
The ACA started off well under Obama, but it's no longer in that state now.
If you're going to invest billions of dollars in a car company shouldn't they be lasting especially if you're saying the money Obama spent produced an excellent return on the dollar?
Like I said, Trump was quoted as saying otherwise in the same article that said he didn't care. Only time will tell.