Budget talks and debt management are a joke

[PhilFish]

Not one individual or element of our government could give a shit. It's all one giant joke

‘Excessive’ Biden budget plan would cause national debt to hit nearly $51 trillion by 2033

The federal debt as a share of US gross domestic product (GDP) would swell to a record 110% by 2033.

nypost.com

 

[Spamature]

Thanks to trickle down economics we've spent 40 yrs giving the 1% their tax money back, only to turn around and borrow those tax funds back at interest.

We did not have a deficit or debt problem under the tax rates before the trickle down scam.

Maybe it's time to go back to the tax rates of the 1960's to fix what was ruined.

 

[RickWA]

Thanks to trickle down economics we've spent 40 yrs giving the 1% their tax money back, only to turn around and borrow those tax funds back at interest.

We did not have a deficit or debt problem under the tax rates before the trickle down scam.

Maybe it's time to go back to the tax rates of the 1960's to fix what was ruined.

Math is a thing. Taxing the crap out of wealthy people (to pay for the moochers, as usual) would not even put a dent in it. You know this, BTW…which is why I usually just leave you to your constant lying idiocy. Enjoy!

 

[Spamature]

Math is a thing. Taxing the crap out of wealthy people (to pay for the moochers, as usual) would not even put a dent in it. You know this, BTW…which is why I usually just leave you to your constant lying idiocy. Enjoy!

It worked in the 60's, did it not ?
Changing those rates created the problem we face today, did it not ?

 

[RickWA]

It worked in the 60's, did it not ?
Changing those rates created the problem we face today, did it not ?

Were we upside down $31.46 trillion in the ‘60s?

Once again, math is a thing - and it isn’t squishy and malleable (like you guys think gender is). You could take EVERY penny of EVERY billionaire AND multi-millionaire…and not make a dent. The math doesn’t work. Even if the marxists WANT to hammer wealthy people…they still need to crank down on everyone else as well. No passengers.

 

[Spamature]

Were we upside down $31.46 trillion in the ‘60s?

Once again, math is a thing - and it isn’t squishy and malleable (like you guys think gender is). You could take EVERY penny of EVERY billionaire AND multi-millionaire…and not make a dent. The math doesn’t work. Even if the marxists WANT to hammer wealthy people…they still need to crank down on everyone else as well. No passengers.

Nope, we were fine in the 60's.
So we should go back to the tax rates when we were fine.

Right ?

 

[Dawg]

Biden proposes nearly $7 trillion tax-and-spend budget that would not stabilize the debt (msn.com)

Fairy Dust

 

[sensible don]

Math is a thing. Taxing the crap out of wealthy people (to pay for the moochers, as usual) would not even put a dent in it. You know this, BTW…which is why I usually just leave you to your constant lying idiocy. Enjoy!

MOOCHERS LIKE RETIRED PEOPLE ( who didn't plan ) AND THE PONZI SCHEME SOCIAL SECURITY - hahahahaha

 

[Dawg]

Well

Tax hikes in Biden’s budget would be ‘devastating’ for Americans, says top House tax writer (msn.com)

of course

Biden 2024 budget proposal brings US economy back to 'horrific' Jimmy Carter era: Tax reform advocate (msn.com)

 

[TBLee]

MOOCHERS LIKE RETIRED PEOPLE ( who didn't plan ) AND THE PONZI SCHEME SOCIAL SECURITY - hahahahaha

And you have planned accordingly and plan to not accept your Social Security and Medicare upon retirement, correct?

 

[Dawg]

And you have planned accordingly and plan to not accept your Social Security and Medicare upon retirement, correct?

Medicare is mandatory and SD will then be a "MOOCHER" and learn healthcare is NOT "free"

 

[RickWA]

Nope, we were fine in the 60's.
So we should go back to the tax rates when we were fine.

Right ?

You speak English? You could take everything from every American and not solve the issue. Go away - your underachieving propaganda factory is uninteresting.

 

[Spamature]

You speak English? You could take everything from every American and not solve the issue. Go away - your underachieving propaganda factory is uninteresting.

Eliminating those tax rates created the problem.
The truth is simple and right in front of your face.
You can pretend to be blind and stupid all you want.

 

[RickWA]

Eliminating those tax rates created the problem.
The truth is simple and right in front of your face.
You can pretend to be blind and stupid all you want.

No it didn’t. Exploding spending year-over-year, forever did it. There simply ISN’T enough money to cover what our moron pols piss away. Math has finality to it - and it isn’t a lefty social science. You can’t selectively tax your way out of this abyss.
And…again…you KNOW this…it’s just that your agenda entails wrecking and eliminating America.

 

[Dawg]

No it didn’t. Exploding spending year-over-year, forever did it. There simply ISN’T enough money to cover what our moron pols piss away. Math has finality to it - and it isn’t a lefty social science. You can’t selectively tax your way out of this abyss.
And…again…you KNOW this…it’s just that your agenda entails wrecking and eliminating America.

Ray Charles had better vision than Spam has

 

[RickWA]

Ray Charles had better vision than Spam has

It isn’t blindness. It is willful, enthusiastic evil. Fully intentional. I need to ignore these insects.

 

[Dawg]

It isn’t blindness. It is willful, enthusiastic evil. Fully intentional. I need to ignore these insects.

It's so hard to ignore such stupidity

 

[EatTheRich]

No it didn’t. Exploding spending year-over-year, forever did it. There simply ISN’T enough money to cover what our moron pols piss away. Math has finality to it - and it isn’t a lefty social science. You can’t selectively tax your way out of this abyss.
And…again…you KNOW this…it’s just that your agenda entails wrecking and eliminating America.

So why didn’t the drastic cuts in spending under Clinton and Obama turn things around? Hey, wasn’t Clinton able to create a surplus through a modest tax increase and spending cuts?

 

[Spamature]

No it didn’t. Exploding spending year-over-year, forever did it. There simply ISN’T enough money to cover what our moron pols piss away. Math has finality to it - and it isn’t a lefty social science. You can’t selectively tax your way out of this abyss.
And…again…you KNOW this…it’s just that your agenda entails wrecking and eliminating America.

Not true.
Government outlays in relation to GDP (outside of Covid and 2008 recession) has been steady.

The problem is cutting taxes for the top, and turning around and borrowing that money back from them at interest, under the insane illusion of trickle down economic the right has promoted for 40 plus years.

 

[Dawg]

So why didn’t the drastic cuts in spending under Clinton and Obama turn things around? Hey, wasn’t Clinton able to create a surplus through a modest tax increase and spending cuts?

Clinton created a surplus on paper and not in reality
Hell, when Clinton left office country went into a recession
Obama didn't cut spending

BTW: why don't those as you wanting tax increases just give more money to gov every April?