Can someone tell me why we are running these massive historically high deficits with literally nothing to show for it? At this or any point is Trump going to do more than cry to the FED for negative rates and actually do anything he promised from a fiscal standpoint?
I dont really blame him completely, except for how he ran his mouth the entire campaign and promised so much, delivered so little.
If we are going to spend like this it should be for the benefit of the median income and under group, not the elite and corporations. If you look at the expenses and revenues, social programs look like a net 30B negative (receipts minus expenses) of over 200B in total for the quarter, so blaming social programs isnt going to work here. The issue is we gave the benefit to the wealthy and corps, that T in spending is yielding a paltry return while the cost of that return and continued GOP spending isnt remotely covering the cost.
So I am interested in what those large number of Trump fans have to say about our awful fiscal performance since he has been in office and when will he and the GOP be held accountable?
Trump would love nothing more than to get negative rates and start up the 100 year bond, soak this country in TRILLIONS of debt and leave to resume golfing. Its how he ran his businesses and why so many of them went under.
Booo hoooo Europe has negative rates how come we cant?
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To remove first post, remove entire topic.
Can someone tell me why we are running these massive historically high deficits with literally nothing to show for it? At this or any point is Trump going to do more than cry to the FED for negative rates and actually do anything he promised from a fiscal standpoint?
I dont really blame him completely, except for how he ran his mouth the entire campaign and promised so much, delivered so little.
If we are going to spend like this it should be for the benefit of the median income and under group, not the elite and corporations. If you look at the expenses and revenues, social programs look like a net 30B negative (receipts minus expenses) of over 200B in total for the quarter, so blaming social programs isnt going to work here. The issue is we gave the benefit to the wealthy and corps, that T in spending is yielding a paltry return while the cost of that return and continued GOP spending isnt remotely covering the cost.
So I am interested in what those large number of Trump fans have to say about our awful fiscal performance since he has been in office and when will he and the GOP be held accountable?
Trump would love nothing more than to get negative rates and start up the 100 year bond, soak this country in TRILLIONS of debt and leave to resume golfing. Its how he ran his businesses and why so many of them went under.
Booo hoooo Europe has negative rates how come we cant?
Decisions being made today will be leave the bill to our grandchildren's children. Most in Congress now will be long gone when the piper is to be paid.
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Decisions being made today will be leave the bill to our grandchildren's children. Most in Congress now will be long gone when the piper is to be paid.
In the past, good presidents reduced federal deficits in a strong economy. Since 1992, there have been 11 months in which deficits topped $200 billion. 7 of those months happened under Trump according to Washingtonpost. He promised to eliminate all debt in 8 years. Instead under his mismanagement, federal deficits increased from under $600 billion in 2016 to $1 trillion now.
Trump's unnecessary tax cuts reduced government revenue and failed to pay for themselves. No big boost in business investment and employment. Instead of promised 6%, GDP growth rate temporarily improved to 2.9% in 2018 which match Obama's best year in 2015. Now lowering interest rate is unjustified in a strong economy that he inherited from Obama. But Trump is panicking that US economy is slowing and his economic policies are to blame before 2020 election.
1
In the past, good presidents reduced federal deficits in a strong economy. Since 1992, there have been 11 months in which deficits topped $200 billion. 7 of those months happened under Trump according to Washingtonpost. He promised to eliminate all debt in 8 years. Instead under his mismanagement, federal deficits increased from under $600 billion in 2016 to $1 trillion now.
Trump's unnecessary tax cuts reduced government revenue and failed to pay for themselves. No big boost in business investment and employment. Instead of promised 6%, GDP growth rate temporarily improved to 2.9% in 2018 which match Obama's best year in 2015. Now lowering interest rate is unjustified in a strong economy that he inherited from Obama. But Trump is panicking that US economy is slowing and his economic policies are to blame before 2020 election.
Too much money being printed.Last month I withdrew $8K and the bank teller came back with 80 $100 bills... Brand spanking new IN NUMERICAL SEQUENCE.
It's been like that for a while. Every time you go to any bank and pull out 5 or 10k they unwrap a new stack of bills fresh from the mint. Sometimes i'll get a stack a couple years old but they're still uncirculated and sequential. You gotta remenber they are taking old bills out of circulation and destroying them at the same time.
R.I.P. #94 MARSHAWN KNEELAND - DC4L
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Quote Originally Posted by TheGoldenGoose:
Too much money being printed.Last month I withdrew $8K and the bank teller came back with 80 $100 bills... Brand spanking new IN NUMERICAL SEQUENCE.
It's been like that for a while. Every time you go to any bank and pull out 5 or 10k they unwrap a new stack of bills fresh from the mint. Sometimes i'll get a stack a couple years old but they're still uncirculated and sequential. You gotta remenber they are taking old bills out of circulation and destroying them at the same time.
Too much money being printed.Last month I withdrew $8K and the bank teller came back with 80 $100 bills... Brand spanking new IN NUMERICAL SEQUENCE.
Goose,
Money printing is not deficit spending, that is instead banks keeping the highest security bills in circulation and removing the older currency cycling in new. The issue of currency supply has nothing to do with fiscal debt. IF one believed the misguided monetary theory of rates and supply impacting spending and demand then INFLATION might be an issue with new currency as we see in Argentina and Africa but fresh currency does not mean higher deficits.
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Quote Originally Posted by TheGoldenGoose:
Too much money being printed.Last month I withdrew $8K and the bank teller came back with 80 $100 bills... Brand spanking new IN NUMERICAL SEQUENCE.
Goose,
Money printing is not deficit spending, that is instead banks keeping the highest security bills in circulation and removing the older currency cycling in new. The issue of currency supply has nothing to do with fiscal debt. IF one believed the misguided monetary theory of rates and supply impacting spending and demand then INFLATION might be an issue with new currency as we see in Argentina and Africa but fresh currency does not mean higher deficits.
Economies are complex because there are human goals and parameters involved. For instance, there are standard of living goals that are more important than maintaining a balanced checkbook. If AI ran our economies, humans would be considered a "nuisance," and sacrificed for economic security. There are also variables beyond human or AI control, namely hurricanes, war, famine, the greed and manipulation by corporations or China, etc. It can be argued that Trump's economic policies will mainly benefit corporations and individuals will start to suffer. I stand to agree with that argument. However, people will support Trump as long as their economic factors that "touch" their own lives remain solid, namely HEALTHCARE, JOB SECURITY, housing. These are tangibles they care about and vote upon. Once they start to lose their jobs, their affordable healthcare....they will vote him out of office. The debt crisis does not reach "home" to voters. Oneday it may, but for now people live schizophrenically in the present moment.
Ask members of the coal, steel, farming & auto industries what they think of the economy. They will tell him in 2020.
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Quote Originally Posted by Circus_Bettor:
Economies are complex because there are human goals and parameters involved. For instance, there are standard of living goals that are more important than maintaining a balanced checkbook. If AI ran our economies, humans would be considered a "nuisance," and sacrificed for economic security. There are also variables beyond human or AI control, namely hurricanes, war, famine, the greed and manipulation by corporations or China, etc. It can be argued that Trump's economic policies will mainly benefit corporations and individuals will start to suffer. I stand to agree with that argument. However, people will support Trump as long as their economic factors that "touch" their own lives remain solid, namely HEALTHCARE, JOB SECURITY, housing. These are tangibles they care about and vote upon. Once they start to lose their jobs, their affordable healthcare....they will vote him out of office. The debt crisis does not reach "home" to voters. Oneday it may, but for now people live schizophrenically in the present moment.
Ask members of the coal, steel, farming & auto industries what they think of the economy. They will tell him in 2020.
I think people who support Trump are not really interested in his flaws or the deficit or that their standard of living IS decreasing, they are focused on other issues that they feel more important..religious based views. They want conservatives in position and especially in the SCOTUS, and Trump could shoot someone on TV and they would still vote for him or whomever was chosen to represent their religious beliefs through the GOP.
Standard of living has dropped, the numbers do not lie..debt has gone up MASSIVELY with Trump and that has and will continue to erode current and future standard of living for the middle class and poor, the average taxpayer. Wages have not increased on a percentage basis relative to the increase in government debt AND corporate debt, wages in reality are not outpacing true inflation and thus the standard of living is decreasing. Savings rates have been declining while consumer debt increasing and that is a direct indicator of current and future decline in standard of living. This massive tax change bomb was a dud for the middle class, Ive not spoken with anyone who got more of a refund back I know I did not I paid more than last year.
People are too lazy, selfish and lazy. People want their religious or personal views in a politician and someone who will give them what THEY feel is theirs and that is a poison to society. Society cannot improve when those in the society are self serving and make decisions based on what the individual wants and not really considering what is better for others and especially those lesser than they. People do not look at our debt or how taxes are spent or at the moral decline in society and especially politics...we ignore people abusing others and demeaning others if that individual supports our personal religious views and will forward our self serving interests. Trump is garbage, pure disgusting trash yet he got elected and might win again.
All the promises made to different industries were theater to get the dope elected and while he lost the popular vote the GOP won with the flawed electoral college off the backs of lies and promises made but not kept. I think the same will likely happen again, Trump will go and make more promises and lies, blame others, attack others and demean and demoralize others...he will act like the disgusting pig he is and yet people who ONLY vote for their selfish interests and religious views will actually support someone this lousy and few if any will even consider the awful fiscal results this BK loving loser has accomplished his first term.
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I think people who support Trump are not really interested in his flaws or the deficit or that their standard of living IS decreasing, they are focused on other issues that they feel more important..religious based views. They want conservatives in position and especially in the SCOTUS, and Trump could shoot someone on TV and they would still vote for him or whomever was chosen to represent their religious beliefs through the GOP.
Standard of living has dropped, the numbers do not lie..debt has gone up MASSIVELY with Trump and that has and will continue to erode current and future standard of living for the middle class and poor, the average taxpayer. Wages have not increased on a percentage basis relative to the increase in government debt AND corporate debt, wages in reality are not outpacing true inflation and thus the standard of living is decreasing. Savings rates have been declining while consumer debt increasing and that is a direct indicator of current and future decline in standard of living. This massive tax change bomb was a dud for the middle class, Ive not spoken with anyone who got more of a refund back I know I did not I paid more than last year.
People are too lazy, selfish and lazy. People want their religious or personal views in a politician and someone who will give them what THEY feel is theirs and that is a poison to society. Society cannot improve when those in the society are self serving and make decisions based on what the individual wants and not really considering what is better for others and especially those lesser than they. People do not look at our debt or how taxes are spent or at the moral decline in society and especially politics...we ignore people abusing others and demeaning others if that individual supports our personal religious views and will forward our self serving interests. Trump is garbage, pure disgusting trash yet he got elected and might win again.
All the promises made to different industries were theater to get the dope elected and while he lost the popular vote the GOP won with the flawed electoral college off the backs of lies and promises made but not kept. I think the same will likely happen again, Trump will go and make more promises and lies, blame others, attack others and demean and demoralize others...he will act like the disgusting pig he is and yet people who ONLY vote for their selfish interests and religious views will actually support someone this lousy and few if any will even consider the awful fiscal results this BK loving loser has accomplished his first term.
Middle class Americas will be glad to hear that the Treasury Secretary said that the Trump
administration would consider proposing a package of tax cuts in 2020.. targeted to giving significant relief to the middle class. "Tax Cuts 2.0" ..
One of the three main goals that would guide a new tax initiative:
Make the existing tax cuts permanent instead of letting them expire as scheduled in 2025 for many of the provisions.
The reductions would be expanded for the middle class and the legislation would aim to create more jobs..
There is also talk circulating of a payroll tax cut..
The initiative would probably be rolled out sometime in the middle of
next year, which would be just months before the November 2020
presidential and congressional elections. Good timing..
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Middle class Americas will be glad to hear that the Treasury Secretary said that the Trump
administration would consider proposing a package of tax cuts in 2020.. targeted to giving significant relief to the middle class. "Tax Cuts 2.0" ..
One of the three main goals that would guide a new tax initiative:
Make the existing tax cuts permanent instead of letting them expire as scheduled in 2025 for many of the provisions.
The reductions would be expanded for the middle class and the legislation would aim to create more jobs..
There is also talk circulating of a payroll tax cut..
The initiative would probably be rolled out sometime in the middle of
next year, which would be just months before the November 2020
presidential and congressional elections. Good timing..
Negative interest rates would be a bonehead move. Like much of what Trump proposes, it's too good to be true. Negative rates just don't work to boost economic growth as intended in Europe and Japan. Punishing savers and banks could cause a revolt. The lower the rate, the greater the disincentive to loan out money. Savers would invest elsewhere and banks would charge higher fees. There won't be much demand for 30-100 year bonds. Besides, negative interest rates indicate US economy has severe problems.
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Negative interest rates would be a bonehead move. Like much of what Trump proposes, it's too good to be true. Negative rates just don't work to boost economic growth as intended in Europe and Japan. Punishing savers and banks could cause a revolt. The lower the rate, the greater the disincentive to loan out money. Savers would invest elsewhere and banks would charge higher fees. There won't be much demand for 30-100 year bonds. Besides, negative interest rates indicate US economy has severe problems.
Thats a bunch of crap, its the same thing you were trying to sell on the last round of tax changes. It did not help the middle class, it was a smoke and mirrors bracket change scam. How you can suggest that this time it will be different is laughable.
So how about the original topic? Why the massive historic high debt and deficit when the economy isnt in a bad spot yet...hell we funded the wealthy and corps to set themselves up nicely. Between the corporate tax holiday, the tax changes and the subsidies given, we have spent/lost TRILLIONS directly to large corps and the ultra wealthy...and what do we have to show for it? Growth that is inconsistent and sparing, wage growth that is anemic and massive stock buybacks and cheap debt to fund these buybacks. What to the middle class has come that remotely is deserving of TRILLIONS spent?
When cost of living increases more than wages, when healthcare and drug costs massively outpace core inflation, when savings levels are falling and those who WANT to save are penalized for doing so all as a measure to support corporate and special interest borrowing these all indicators are a decline in standard of living for the middle class...let alone the destruction of the lower class.
Notice that not a single Trump reply in support of the dope....how shocking.
1
SS,
Thats a bunch of crap, its the same thing you were trying to sell on the last round of tax changes. It did not help the middle class, it was a smoke and mirrors bracket change scam. How you can suggest that this time it will be different is laughable.
So how about the original topic? Why the massive historic high debt and deficit when the economy isnt in a bad spot yet...hell we funded the wealthy and corps to set themselves up nicely. Between the corporate tax holiday, the tax changes and the subsidies given, we have spent/lost TRILLIONS directly to large corps and the ultra wealthy...and what do we have to show for it? Growth that is inconsistent and sparing, wage growth that is anemic and massive stock buybacks and cheap debt to fund these buybacks. What to the middle class has come that remotely is deserving of TRILLIONS spent?
When cost of living increases more than wages, when healthcare and drug costs massively outpace core inflation, when savings levels are falling and those who WANT to save are penalized for doing so all as a measure to support corporate and special interest borrowing these all indicators are a decline in standard of living for the middle class...let alone the destruction of the lower class.
Notice that not a single Trump reply in support of the dope....how shocking.
As far as the trillion dollar deficit this year ..I hearken to the words of the great "Ranoldus Mangnus",...Who famously quipped, "I'm not worried about the deficit -- it's big enough to take care of itself."
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As far as the trillion dollar deficit this year ..I hearken to the words of the great "Ranoldus Mangnus",...Who famously quipped, "I'm not worried about the deficit -- it's big enough to take care of itself."
As far as the trillion dollar deficit this year ..I hearken to the words of the great "Ranoldus Mangnus",...Who famously quipped, "I'm not worried about the deficit -- it's big enough to take care of itself."
Great example, are you able to answer questions ever? I know its a windy boring night in Tuscon so you have plenty of time to wax poetic and give us a reply...not that garbage Trump-like babble. Nothing is better than moronic crap like that.
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Quote Originally Posted by SarasotaSlim:
As far as the trillion dollar deficit this year ..I hearken to the words of the great "Ranoldus Mangnus",...Who famously quipped, "I'm not worried about the deficit -- it's big enough to take care of itself."
Great example, are you able to answer questions ever? I know its a windy boring night in Tuscon so you have plenty of time to wax poetic and give us a reply...not that garbage Trump-like babble. Nothing is better than moronic crap like that.
Great example, are you able to answer questions ever? I know its a windy boring night in Tuscon so you have plenty of time to wax poetic and give us a reply...not that garbage Trump-like babble. Nothing is better than moronic crap like that.
Answer what ? A question you already know the answer to....
President Trump proposed a $4 trillion-plus budget for fiscal 2019 that projected a $1 trillion or so federal deficit...Congress passed the measure on a bipartisan vote ( with many,many Democrats voting yea) ...now it looks like the President was on the money in his projection of a $ trillion deficit .
If ,you are looking for someone to say the problem is President Trump did not deliver on Candidate Trumps GDP growth numbers ...you would be correct ..those higher #'s in GDP are needed to low the deficit with this level of spending..Econ 1.0...
U.S. government spending higher than its revenue = deficit spending...
By the way,,, you really need to loosen up a bit,,I posted that President Reagan comment as a quip....meaning he meant it was a joke..
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Quote Originally Posted by wallstreetcappers:
Great example, are you able to answer questions ever? I know its a windy boring night in Tuscon so you have plenty of time to wax poetic and give us a reply...not that garbage Trump-like babble. Nothing is better than moronic crap like that.
Answer what ? A question you already know the answer to....
President Trump proposed a $4 trillion-plus budget for fiscal 2019 that projected a $1 trillion or so federal deficit...Congress passed the measure on a bipartisan vote ( with many,many Democrats voting yea) ...now it looks like the President was on the money in his projection of a $ trillion deficit .
If ,you are looking for someone to say the problem is President Trump did not deliver on Candidate Trumps GDP growth numbers ...you would be correct ..those higher #'s in GDP are needed to low the deficit with this level of spending..Econ 1.0...
U.S. government spending higher than its revenue = deficit spending...
By the way,,, you really need to loosen up a bit,,I posted that President Reagan comment as a quip....meaning he meant it was a joke..
Whatever President Trump is doing or not doing it's working out for the middle class..America is having middle-class expansion unseen since the 1960s.
More than 1.2 million American households moved to above $50,000 in
annual income between 2016 and 2018, according to Census Bureau data
released on Sept. 10, a sign of a growing middle class.....
The median household income, meanwhile, rose by nearly 2.3% ...with all figures adjusted for inflation.
Whatever President Trump is doing or not doing it's working out for the middle class..America is having middle-class expansion unseen since the 1960s.
More than 1.2 million American households moved to above $50,000 in
annual income between 2016 and 2018, according to Census Bureau data
released on Sept. 10, a sign of a growing middle class.....
The median household income, meanwhile, rose by nearly 2.3% ...with all figures adjusted for inflation.
The median household income, meanwhile, rose by nearly 2.3% ...with all figures adjusted for inflation.
In 2015, median household income increased 5.2% which is the largest on record since the 1960s according to Census bureau. Trump is lucky to inherit a strong economy which is growing at similar trajectory as it did during Obama's last years and unemployment continues a trend that began in 2011. However Trump's tax cuts benefit the rich at the expense of the middle class in the long term.
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Quote Originally Posted by SarasotaSlim:
The median household income, meanwhile, rose by nearly 2.3% ...with all figures adjusted for inflation.
In 2015, median household income increased 5.2% which is the largest on record since the 1960s according to Census bureau. Trump is lucky to inherit a strong economy which is growing at similar trajectory as it did during Obama's last years and unemployment continues a trend that began in 2011. However Trump's tax cuts benefit the rich at the expense of the middle class in the long term.
In 2015, median household income increased 5.2% which is the largest on record since the 1960s according to Census bureau. Trump is lucky to inherit a strong economy which is growing at similar trajectory as it did during Obama's last years and unemployment continues a trend that began in 2011. However Trump's tax cuts benefit the rich at the expense of the middle class in the long term.
Having a good year in 2015 is not enough to make up for a decline of almost 5% over the previous 16 years.
I don't deny 2015 income increase compared to 2016/2018..
That's not the same as 1.2 million American households moving to above $50,000 in
annual income between 2016 and 2018..this is a middle-class unseen since1960s...
Actually the Economic Policy Institute looked at
inflation-adjusted earnings for non-elderly households (income from work) from 2000 to 2016, they found median
incomes had actually dropped by $3,403..
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Quote Originally Posted by thirdperson:
In 2015, median household income increased 5.2% which is the largest on record since the 1960s according to Census bureau. Trump is lucky to inherit a strong economy which is growing at similar trajectory as it did during Obama's last years and unemployment continues a trend that began in 2011. However Trump's tax cuts benefit the rich at the expense of the middle class in the long term.
Having a good year in 2015 is not enough to make up for a decline of almost 5% over the previous 16 years.
I don't deny 2015 income increase compared to 2016/2018..
That's not the same as 1.2 million American households moving to above $50,000 in
annual income between 2016 and 2018..this is a middle-class unseen since1960s...
Actually the Economic Policy Institute looked at
inflation-adjusted earnings for non-elderly households (income from work) from 2000 to 2016, they found median
incomes had actually dropped by $3,403..
The question was as originally posed. WHY are we running a T deficit in this economic environment? Where is the fiscal responsibility and taking the opportunity when things are reasonable economically to make intelligent fiscal decisions?
It was wise of you to not try and blame social programs because it does not take much effort to see that the net draw due to social programs is less than 20% of the problem. The real culprit is as always with a GOP president, excessive military and defense spending.
So where is the fiscal responsibility and why are we running deficits as if we are in the middle of a financial crisis? You cant blame the other party for this one, your group owns control over 2 of 3 parts.
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SS,
The question was as originally posed. WHY are we running a T deficit in this economic environment? Where is the fiscal responsibility and taking the opportunity when things are reasonable economically to make intelligent fiscal decisions?
It was wise of you to not try and blame social programs because it does not take much effort to see that the net draw due to social programs is less than 20% of the problem. The real culprit is as always with a GOP president, excessive military and defense spending.
So where is the fiscal responsibility and why are we running deficits as if we are in the middle of a financial crisis? You cant blame the other party for this one, your group owns control over 2 of 3 parts.
The question was as originally posed. WHY are we running a T deficit in this economic environment? Where is the fiscal responsibility and taking the opportunity when things are reasonable economically to make intelligent fiscal decisions?
It was wise of you to not try and blame social programs because it does not take much effort to see that the net draw due to social programs is less than 20% of the problem. The real culprit is as always with a GOP president, excessive military and defense spending.
So where is the fiscal responsibility and why are we running deficits as if we are in the middle of a financial crisis? You cant blame the other party for this one, your group owns control over 2 of 3 parts.
The national debt limit has increased over the last 15 years. no matter if it were a Dem or GOP president in the WH..so I don't buy that . neither party has shown any interest in tackling the red ink....and the Bipartisan Budget Act of 2019 ..included higher discretionary funding limits for 2020 and 2021..
Congress has little interest in cutting the cost of government..and it looks like neither party are interested ...cutting programs do not get votes..giveaways do.. That's why this years democrat candidates are trying to out give away each other ,,giving away citizenship to millions and millions of illegals...forgiving college debt, free healthcare for all.. including those here illegally,, ..reparations for A.A.'s. free childcare,free Housing,free Income..and the list goes on and on..
But, nowhere is there is the cry for cutting the deficit.from either party..it is not even mentioned..or even a plan on how to pay for all this free stuff..So, if we are going to giveaway everything we at the least need to maintain a powerful military and a strong border.. .
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Quote Originally Posted by wallstreetcappers:
SS,
The question was as originally posed. WHY are we running a T deficit in this economic environment? Where is the fiscal responsibility and taking the opportunity when things are reasonable economically to make intelligent fiscal decisions?
It was wise of you to not try and blame social programs because it does not take much effort to see that the net draw due to social programs is less than 20% of the problem. The real culprit is as always with a GOP president, excessive military and defense spending.
So where is the fiscal responsibility and why are we running deficits as if we are in the middle of a financial crisis? You cant blame the other party for this one, your group owns control over 2 of 3 parts.
The national debt limit has increased over the last 15 years. no matter if it were a Dem or GOP president in the WH..so I don't buy that . neither party has shown any interest in tackling the red ink....and the Bipartisan Budget Act of 2019 ..included higher discretionary funding limits for 2020 and 2021..
Congress has little interest in cutting the cost of government..and it looks like neither party are interested ...cutting programs do not get votes..giveaways do.. That's why this years democrat candidates are trying to out give away each other ,,giving away citizenship to millions and millions of illegals...forgiving college debt, free healthcare for all.. including those here illegally,, ..reparations for A.A.'s. free childcare,free Housing,free Income..and the list goes on and on..
But, nowhere is there is the cry for cutting the deficit.from either party..it is not even mentioned..or even a plan on how to pay for all this free stuff..So, if we are going to giveaway everything we at the least need to maintain a powerful military and a strong border.. .
Bring it back to the question...all this debt ceiling talk is not answering the question. Why in THIS economic environment are we running deficits as if we are in the middle of a financial crisis?
What the DEMS are saying in debates has zero to do with the current deficit with your group in charge. That is just a bunch of yacking like Trump did during his lie fest run. Say what the dopes/takers want to hear so you can get votes and then nothing remotely close to your words come true.
But you still did not answer, this is not about debt ceiling or talking points of non-elected POTUS politicians, why in THIS environment are we running these massive deficits with no purpose for doing so?
I'd take social program spending over defense and military, especially when there is no threat to the US at all.
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SS,
Bring it back to the question...all this debt ceiling talk is not answering the question. Why in THIS economic environment are we running deficits as if we are in the middle of a financial crisis?
What the DEMS are saying in debates has zero to do with the current deficit with your group in charge. That is just a bunch of yacking like Trump did during his lie fest run. Say what the dopes/takers want to hear so you can get votes and then nothing remotely close to your words come true.
But you still did not answer, this is not about debt ceiling or talking points of non-elected POTUS politicians, why in THIS environment are we running these massive deficits with no purpose for doing so?
I'd take social program spending over defense and military, especially when there is no threat to the US at all.
I'd take social program spending over defense and military, especially when there is no threat to the US at all.
Under-funding our defenses for the sake of social programs will compromise America’s safety.
America needs to continue to maintain a powerful military..if we are going to have freedom, prosperity and peace..America must stay vigilant whether or not a threat is imminent...
Anything less than a strong military would be a fatalmistake for this country..“Peace Through Strength” President Reagan's mantra..has proven to be true..
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Quote Originally Posted by wallstreetcappers:
I'd take social program spending over defense and military, especially when there is no threat to the US at all.
Under-funding our defenses for the sake of social programs will compromise America’s safety.
America needs to continue to maintain a powerful military..if we are going to have freedom, prosperity and peace..America must stay vigilant whether or not a threat is imminent...
Anything less than a strong military would be a fatalmistake for this country..“Peace Through Strength” President Reagan's mantra..has proven to be true..
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