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Budget

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  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    edited October 2017
    dflea said:


    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.
    Breathe through your nose mutt.

    Debt to gnp isn’t near 120 now and it’s not forecasted to sniff it anytime soon. It wasn’t an excuse. It was a commentary. The big bounce back from the Great Recession is afoot. While the ratio is forecast to remain steady for a few years, it has a better shot of lowering. Unless we go to war against China/Russia, there are no more $3 Trillion “wars” to be taken on. And if that were to happen, debt is the least of our concerns. The dirty work has been done. And it’s maintenance money now.
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390
    salemcoog said:

    dflea said:


    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.
    Breathe through your nose mutt.

    Debt to gnp isn’t near 120 now and it’s not forecasted to sniff it anytime soon. It wasn’t an excuse. It was a commentary. The big bounce back from the Great Recession is afoot. While the ratio is forecast to remain steady for a few years, it has a better shot of lowering. Unless we go to war against China/Russia, there are no more 3 TT “wars” to be taken on. And if that were to happen, debt is the least of our concerns. The dirty work has been done. And it’s maintenance money now.
    *gdp
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    Yay a thread with more useless charts

    It's clear you don't understand them. Want me to break it down to the 8th grade level so you can understand it like we do for doogie?

    Or how about this. You refute the charts with information on how tax revenue grew after the tax cuts.
    Hondo is mad
    And dumb.

    Govt revenues almost doubled under 8 years of Reagan. HondoFS...
    And the economy more than doubled and debt about tripled. Missing context much?
    WTF is your speed limit IQ talking about? I wish it almost doubled under Reagan, but it did go up a hell of a lot more than it did over the last 8 year...

    No shit the govt has always had a spending problem. Somebody else has been telling you that for a couple of pages now and you were disagreeing with him, and now you suddenly figured that out? God you are an effin moron.

    Your own chart shows in the grand scheme of things all of these tax increases and decreases really doesn't impact the amount taken in as taxes as a % of the GDP much at all...the variation is mainly a function of the economy (i.e. pretty much every dip occurs in a recession). The policies (tax and otherwise) does appear to impact the rate that GDP does grow (as shown by the last 8 years of shitty growth in what should have been an absolute boom after the "Great Recession" versus what even you pointed out as being Reagan's much greater growth of the overall economy).

    Glad to see the new short buses have wifi installed so we can be graced by your stupidity. Carry on now...
    First bold. I've been talking about spending. Dumbass.

    Second bold. You are a complete fucking idiot if you think moving 3 to 4 precent of GDP isn't that big of a deal. If revenues went up 3% of GDP this year, we'd go from a $600 billion deficit to a surplus. But you are saying that variation doesn't have an impact?
  • doogie
    doogie Member Posts: 15,072
    Yes, you have been talking out your ass. Agreed.
  • CuntWaffle
    CuntWaffle Member Posts: 22,500
  • doogie
    doogie Member Posts: 15,072
    Prolly in the garage fixing his 15 year old atv, while listening to New ATV ad’s on the football game in the background-while others are out riding theirs today.
  • HoustonHusky
    HoustonHusky Member Posts: 6,009

    Hondo is mad

    And stupid. Really fucking stupid.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Hondo is mad

    And stupid. Really fucking stupid.
    Then refute my facts with actual facts.
  • HoustonHusky
    HoustonHusky Member Posts: 6,009
    2001400ex said:

    2001400ex said:

    2001400ex said:

    Yay a thread with more useless charts

    It's clear you don't understand them. Want me to break it down to the 8th grade level so you can understand it like we do for doogie?

    Or how about this. You refute the charts with information on how tax revenue grew after the tax cuts.
    Hondo is mad
    And dumb.

    Govt revenues almost doubled under 8 years of Reagan. HondoFS...
    And the economy more than doubled and debt about tripled. Missing context much?
    WTF is your speed limit IQ talking about? I wish it almost doubled under Reagan, but it did go up a hell of a lot more than it did over the last 8 year...

    No shit the govt has always had a spending problem. Somebody else has been telling you that for a couple of pages now and you were disagreeing with him, and now you suddenly figured that out? God you are an effin moron.

    Your own chart shows in the grand scheme of things all of these tax increases and decreases really doesn't impact the amount taken in as taxes as a % of the GDP much at all...the variation is mainly a function of the economy (i.e. pretty much every dip occurs in a recession). The policies (tax and otherwise) does appear to impact the rate that GDP does grow (as shown by the last 8 years of shitty growth in what should have been an absolute boom after the "Great Recession" versus what even you pointed out as being Reagan's much greater growth of the overall economy).

    Glad to see the new short buses have wifi installed so we can be graced by your stupidity. Carry on now...
    First bold. I've been talking about spending. Dumbass.

    Second bold. You are a complete fucking idiot if you think moving 3 to 4 precent of GDP isn't that big of a deal. If revenues went up 3% of GDP this year, we'd go from a $600 billion deficit to a surplus. But you are saying that variation doesn't have an impact?
    Comedy from the guy that screams every kids are going to die every time some future increase in spending is reduced.

    First, as you yourself fucking said...rates are "relatively low compared to the 60s through mid 80s." Yet by your own plot somehow, magically the govt is taking in about the same % of revenue now as it did then. HondoFS.

    You said "This chart needs better scale. But tax cuts in 1986. Tax increase in 1993. Tax cuts in 2001, 2003, 2008. Tax increase in 2011. You can figure the rest out." and then show a chart that basically says you are a moron.

    - The 1986 was a tax reform act sponsored in part by Gephardt and was defined as revenue-neutral. It wasn't just tax cuts...it got rid of a bunch of tax loopholes, etc.
    - You are a moron if you think the % increase in the 1990s was tax and not the internet boom (you can go pull the numbers on the increase in capital gains revenues from stock).
    - You say 2001 tax cut, but somehow your chart shows revenues cratering in 1999-2000. I'm sure it had nothing to do with the Internet bubble popping and the recession...
    - 2003 tax cut, yet somehow revenues as a % of GDP went up. Huh....
    - 2008 yet again, somehow someway revenues as a % of GDP went down BEFORE any tax cuts were passed. Its like its magic. Or your a moron. Or both.

    God you are a fucking moron.