Posted:
#251
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by Zeus4par: Quote Originally Posted by thirdperson: Fiscally reckless republicans are manufacturing an unnecessary crisis by refusing to raise artificial debt ceiling. Insolvency is the problem while increasing debt is the solution. Nothing positive can come from a default. Apparently, republicans aren't really serious about reducing budget deficits because of their rejection of higher taxes. History shows the best way to produce budget surpluses is higher tax revenue through economic growth. Spending cuts being less effective can backfire with unintended consequences. As fubah2 has pointed out multiple times, though always seems to be forgotten, Biden admin has already made an unprecedented huge reduction in spending by getting our asses out of the war the republicans started 20 years ago, which was costing our budget approximately $300 million every single day. That alone is the largest budget cutting in recent memory by any party. A massive chunk of our growing debt is in fact spending by both republican and Democrat admins to allay the harm caused by REPUBLICAN mismanagement in 2008 and again in 2020.
Quote Originally Posted by Zeus4par: Quote Originally Posted by thirdperson: Fiscally reckless republicans are manufacturing an unnecessary crisis by refusing to raise artificial debt ceiling. Insolvency is the problem while increasing debt is the solution. Nothing positive can come from a default. Apparently, republicans aren't really serious about reducing budget deficits because of their rejection of higher taxes. History shows the best way to produce budget surpluses is higher tax revenue through economic growth. Spending cuts being less effective can backfire with unintended consequences. As fubah2 has pointed out multiple times, though always seems to be forgotten, Biden admin has already made an unprecedented huge reduction in spending by getting our asses out of the war the republicans started 20 years ago, which was costing our budget approximately $300 million every single day. That alone is the largest budget cutting in recent memory by any party. A massive chunk of our growing debt is in fact spending by both republican and Democrat admins to allay the harm caused by REPUBLICAN mismanagement in 2008 and again in 2020.
not heard on fux news so of course that means that most republicans dont know a thing about it
And that's FAKES NEWS for ya!
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