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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?
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  • 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.
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  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    CirrhosisDawg 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.
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  • 2001400ex
    2001400ex Member Posts: 29,457
    salemcoog said:

    CirrhosisDawg 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.
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  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam
    salemcoog said:

    CirrhosisDawg 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.
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  • AZDuck
    AZDuck Member Posts: 15,381
    image
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  • 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.
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  • 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.
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  • doogie
    doogie Member Posts: 15,072
    Nice 8 th grade Econ analysis as always
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,944 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.
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  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    Nice 8 th grade Econ analysis as always

    Then refute it. Maybe post a link or something.
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  • AZDuck
    AZDuck Member Posts: 15,381
    doogie said:

    Nice 8 th grade Econ analysis as always

    Speak to your audience, I always say
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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    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.
    So you agree that Reagan wasn't a fiscal conservative? And revenue as a percent of GDP went down at the tax cuts. But why bring facts into it.

    Even Trump agrees.

    https://www.wsj.com/articles/SB926375977961645415
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  • doogie
    doogie Member Posts: 15,072
    I’m saying you’re a Communist political hack and I’m asking you nicely to drink Drano.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,944 Founders Club
    Hondo has spent 8 years telling us that Obama had nothing to do with the 10 trillion added to the debt but is certain that Reagan did it all by himself

    Reagan cut taxes which raised revenue and spurred growth. Obama was zero for two

    Reagan was party to increased spending with his partner Tip O'Neil

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

    I’m saying you’re a Communist political hack and I’m asking you nicely to drink Drano.

    Great analysis as always. Troomps hate facts.

    Can't wait to see the excuses when deficits grow after the tax cuts and we don't get to 3% growth. When Republicans control both houses of Congress and the presidency.
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  • 2001400ex
    2001400ex Member Posts: 29,457
    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.

    photo U.S._Federal_Tax_Receipts_as_a_Percentage_of_GDP_19452015_zpsdagneufe.jpg
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  • doogie
    doogie Member Posts: 15,072
    Fuck you. Die.
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  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam
    doogie said:

    Fuck you. Die.

    Join him.
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    I b4 "sounds like you care"

    God you guys are a broken record.

    A record of faggots.
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  • 2001400ex
    2001400ex Member Posts: 29,457
    edited October 2017
    RaceBannon said:

    we're already at 3% you paste eating moronic pile of useless shit

    For one
    RaceBannon said:

    we're already at 3% you paste eating moronic pile of useless shit

    For one quarter. Under Obama the GDP growth hit 3% a few times.

    You sound bitter old man.

    http://www.multpl.com/us-real-gdp-growth-rate/table/by-quarter
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  • CuntWaffle
    CuntWaffle Member Posts: 22,499
    Yay a thread with more useless charts
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  • TierbsHsotBoobs
    TierbsHsotBoobs Member Posts: 39,680
    CuntWaffle said:

    Yay a thread with more useless charts

    Trigger warning for @TheChart
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  • 2001400ex
    2001400ex Member Posts: 29,457
    edited October 2017
    CuntWaffle 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.
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  • RedRocket
    RedRocket Member Posts: 1,527
    Pitchfork51 said:

    I b4 "sounds like you care"

    God you guys are a broken record.

    A record of faggots.

    Good.
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  • HoustonHusky
    HoustonHusky Member Posts: 5,999
    CuntWaffle said:

    2001400ex said:

    CuntWaffle 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...
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  • 2001400ex
    2001400ex Member Posts: 29,457
    HoustonHusky said:

    CuntWaffle said:

    2001400ex said:

    CuntWaffle 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?
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  • Sledog
    Sledog Member Posts: 37,793 Standard Supporter
    CirrhosisDawg 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?
    Yeah too bad Odumbo doubled it. I'm sure you were so upset you could barely senda checkto the DNC.
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