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Budget

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  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    2001400ex said:

    doogie said:

    Doesn't mean shit.

    You can keep ranting though, it's cute.

    What a cool day man. When deficits don't matter.
    Fuck off. I'm driving home from Portland right now listening to NPR interview experts discussing how many Kids Trump wants to starve because we aren't spending enough money.
    How do you listen to npr and not cut you fucking ears off?
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390
    doogie said:

    2001400ex said:

    doogie said:

    Doesn't mean shit.

    You can keep ranting though, it's cute.

    What a cool day man. When deficits don't matter.
    Fuck off. I'm driving home from Portland right now listening to NPR interview experts discussing how many Kids Trump wants to starve because we aren't spending enough money.
    $1.5 trillion of borrowed money? That’s what trump is proposing. @doogie is a yes.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    salemcoog said:

    Next thing you know there will be a new tax plan.

    It's been a rough weak for the left, especially with the travel bans lifted.




    But Russia!!!!!


    Oh yeah, that shit's fallin apart too.


    T's and P's to libtard for a safe weekend that doesn't involve belts or sheets.

    The budget congress approved authorizes another $1.5 trillion of deficit spending over the next 10 years. If congress approves. Debt/gdp is already over 100%. You are a yes?
    A buck 5 over 10 years.

    No problem if true considering the spending spree of the last 12 years.

    Debt/*gnp is only a problem at around 120. At least that’s what all Obamapologists told me when He was the QB. And it will only lower as time goes on.

    Drop in the bucket considering the friendly economic conditions present in the here and now.
  • 2001400ex
    2001400ex Member Posts: 29,457
    salemcoog said:

    salemcoog said:

    Next thing you know there will be a new tax plan.

    It's been a rough weak for the left, especially with the travel bans lifted.




    But Russia!!!!!


    Oh yeah, that shit's fallin apart too.


    T's and P's to libtard for a safe weekend that doesn't involve belts or sheets.

    The budget congress approved authorizes another $1.5 trillion of deficit spending over the next 10 years. If congress approves. Debt/gdp is already over 100%. You are a yes?
    A buck 5 over 10 years.

    No problem if true considering the spending spree of the last 12 years.

    Debt/*gnp is only a problem at around 120. At least that’s what all Obamapologists told me when He was the QB. And it will only lower as time goes on.

    Drop in the bucket considering the friendly economic conditions present in the here and now.
    Debt is always an issue, but the escalating debt of the last 16 years has been alleviated by low interest rates. The ongoing cost of the debt is relatively low compared to the $4 trillion in revenues. This will become an issue when interest rates go up.

    Problem is, neither party is actually interested in cutting expenses. And cutting taxes won't bring in enough revenue to cover the reduced tax rates. Never has worked in the last 50 years of cutting taxes, it won't this time either especially when rates are relatively low compared to the 60s through mid 80s.
  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam
    salemcoog said:

    salemcoog said:

    Next thing you know there will be a new tax plan.

    It's been a rough weak for the left, especially with the travel bans lifted.




    But Russia!!!!!


    Oh yeah, that shit's fallin apart too.


    T's and P's to libtard for a safe weekend that doesn't involve belts or sheets.

    The budget congress approved authorizes another $1.5 trillion of deficit spending over the next 10 years. If congress approves. Debt/gdp is already over 100%. You are a yes?
    A buck 5 over 10 years.

    No problem if true considering the spending spree of the last 12 years.

    Debt/*gnp is only a problem at around 120. At least that’s what all Obamapologists told me when He was the QB. And it will only lower as time goes on.

    Drop in the bucket considering the friendly economic conditions present in the here and now.
    And now that the Obamapologists are done using that weak fucking excuse, you're going to start using it?

    Why am I not surprised?

    What a fucking twat you are.
  • 2001400ex
    2001400ex Member Posts: 29,457
    AZDuck said:

    image

    But but but Reagan ended the cold war and cold wars don't come cheap. Nothing to do with tax cuts. Look away.
  • AZDuck
    AZDuck Member Posts: 15,381
    https://www.vox.com/policy-and-politics/2017/5/23/15593974/trump-tax-cut-dynamic-scoring-cartoon


    image
    image
    image
    Still, even the Tax Foundation’s analysis doesn’t back up the claims made by the Trump administration, which expects 3 percent of economic growth by 2021. The Tax Foundation’s model puts it at around 2.3 percent.

    That hasn't stopped the Trump administration from continuing to make these claims. When journalists point out that there’s no evidence tax cuts pay for themselves, they say the administration will show that, contrary to all the evidence, it actually can.
  • doogie
    doogie Member Posts: 15,072
    Nice 8 th grade Econ analysis as always
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,443 Founders Club
    2001400ex said:

    AZDuck said:

    image

    But but but Reagan ended the cold war and cold wars don't come cheap. Nothing to do with tax cuts. Look away.
    it had to do with spending moron. That bullshit chart doesn't address revenue that grew after the tax cuts. It addresses the spending that grew.