GOP party of fiscal responsibility?

Oldguy

Senior Member
Sep 25, 2012
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They can't even manage their own party debt, yet they want us to trust them with the whole nation?
 

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From the presidencies of Harry Truman to that of Jimmy Carter the national debt was paid down in terms of gross domestic product. During Bill Clinton's second term the national debt was paid down in absolute terms.

The national debt only became a problem during the Reagan administration when Reagan said it was possible to cut taxes, raise defense spending, and balance the budget without cutting popular middle class entitlements.

The Republican Party caused the debt crises with their dogma that it is always a good idea to cut taxes and never a good idea to raise them. Now they are using the debt for which they are responsible in an effort to cut or eliminate popular domestic programs they have never liked, but which are popular with the voters.
 
From the presidencies of Harry Truman to that of Jimmy Carter the national debt was paid down in terms of gross domestic product. During Bill Clinton's second term the national debt was paid down in absolute terms.

The national debt only became a problem during the Reagan administration when Reagan said it was possible to cut taxes, raise defense spending, and balance the budget without cutting popular middle class entitlements.

The Republican Party caused the debt crises with their dogma that it is always a good idea to cut taxes and never a good idea to raise them. Now they are using the debt for which they are responsible in an effort to cut or eliminate popular domestic programs they have never liked, but which are popular with the voters.


Even Bush I called it "voodoo economics."
 
Republicans will say that even if you took all the money from the top 1% and put it towards the debt or towards running the country, it would only last a short time.

THEN

Turn around and insist "Twinkle Down" is a viable economic policy.

If ALL their money does no good, they how does the the tiny bit they poop out help?

It's because the GOP base thinks in very simplistic terms. Mitt Romney and Paul Ryan don't believe in "Twinkle Down". Their policies are designed to screw the middle class and poor. Because they are greedy bastards paid by big corporations and billionaires to work to redistribute the wealth of the nation to the top 1%. They could care less about "rebuilding America". It's about the money NOW. What they can get NOW. During the month of the election, Mitt Romney was moving one of his companies from Freeport, Illinois to China. And he expected to win while squatting on Americans at the same time of the election.

Sensata employees in Freeport reach out to Mitt Romney for help in saving their jobs | The Rock River Times
 
Say what? You think a campaign debt has something to do with the National debt? $800,000 is chump change. Obama tips his caddies more than that.
 
So what's the point here? The dems are too stupid to run the government, but the republicans are nearly as bad?

Sounds about right to me.
 
Why the hell didn't anyone ever ask the then chairperson of the House Banking Committee (which had oversight responsibility for Fannie Mae), Barney Frank, what the hell he meant when he told America that Fannie was solvent when it was on the verge of collapse? Reckless spending is one thing but a deliberate lie of this magnitude indicated a criminal conspiracy. How did Hussein's kash for klunkers thing work out? Did it pay off all of Obama's campaign supporters or just a couple? The king of pork, democrat John Murtha once defended his diverting of defense spending by claiming that he was just representing his district the best way he could.
 
Neither party is fiscally responsible. Deal.

National-Debt-by-President.jpg


You can look at every available source and they show the same thing again and again. The last three Republican presidents exploded the Debt.

The right insists it was Obama. We know George spent money on wars, big pharma, tax cuts, and so on. What did Obama spend money on? A stimulus package that over a hundred Republican congressmen took credit for and was between a third and half tax cuts? Everything else was inherited.
 
As a nation we have not been debt free since Andrew Jackson was President that was in 1836 when Texas declared their independence from Mexico and Arkansas was admitted as the 25th state. From then to now we have run up over 16 trillion dollars in debt under the leadership of both parties trying to claim one party is more fiscally responsible than the other is like saying a 310 pound person is in better shape than a 320 person.
 
The dirty little secret is that the administration can tax the rich until they drive them into the poor house and the confiscated money won't finance government operation more than a couple of months. It's all about class warfare, dabbling in socialism and stroking the ignorant and hate filled radical left wing. A country cannot tax itself into solvency. We are already in hock to the country that is accused of hacking into our cyber system. It's crazy to play the cheap commie game of punishing the rich while our energy prices are sky high and unemployment is stagnant. Republicans have the right idea but they are fighting the incredible force of George Soros tax exempt propaganda machine and the entire left wing media.
 
The dirty little secret is that the administration can tax the rich until they drive them into the poor house and the confiscated money won't finance government operation more than a couple of months. It's all about class warfare, dabbling in socialism and stroking the ignorant and hate filled radical left wing. A country cannot tax itself into solvency. We are already in hock to the country that is accused of hacking into our cyber system. It's crazy to play the cheap commie game of punishing the rich while our energy prices are sky high and unemployment is stagnant. Republicans have the right idea but they are fighting the incredible force of George Soros tax exempt propaganda machine and the entire left wing media.
Democrats don't claim that the budget should be balanced with just tax increases. They support a balanced approach of raising taxes and spending cuts which is also supported by the public. It's Republicans who see only one solution; reduce spending. This plays well with the Tea Party, but not the public. As the effects of sequester hit the media in coming weeks and months, Republicans are not going to be able to stand up against rising public opinion and this is going to hurt them in next election.
 
The dirty little secret is that the administration can tax the rich until they drive them into the poor house and the confiscated money won't finance government operation more than a couple of months. It's all about class warfare, dabbling in socialism and stroking the ignorant and hate filled radical left wing. A country cannot tax itself into solvency. We are already in hock to the country that is accused of hacking into our cyber system. It's crazy to play the cheap commie game of punishing the rich while our energy prices are sky high and unemployment is stagnant. Republicans have the right idea but they are fighting the incredible force of George Soros tax exempt propaganda machine and the entire left wing media.
Democrats don't claim that the budget should be balanced with just tax increases. They support a balanced approach of raising taxes and spending cuts which is also supported by the public. It's Republicans who see only one solution; reduce spending. This plays well with the Tea Party, but not the public. As the effects of sequester hit the media in coming weeks and months, Republicans are not going to be able to stand up against rising public opinion and this is going to hurt them in next election.

Democrats call for a balanced approach, right up until it's time to actually cut spending. Then it's always put off to the out years. I didn't see a whole lot of interest in a balanced approach when they forced the repubs to accept expiration of tax cuts on the top 2%. They talk the talk but don't walk the walk.
 
From the presidencies of Harry Truman to that of Jimmy Carter the national debt was paid down in terms of gross domestic product. During Bill Clinton's second term the national debt was paid down in absolute terms.

The national debt only became a problem during the Reagan administration when Reagan said it was possible to cut taxes, raise defense spending, and balance the budget without cutting popular middle class entitlements.

The Republican Party caused the debt crises with their dogma that it is always a good idea to cut taxes and never a good idea to raise them. Now they are using the debt for which they are responsible in an effort to cut or eliminate popular domestic programs they have never liked, but which are popular with the voters.

I dont recall the US debt being downgraded during Reagan's time. In fact I recall Reagan's time as a period of enormous growth, especially after the miserable Jimmy Carter, second worst president in history.
I also don't recall debt being downgraded under Bush. That seems to have happened when Obama was president and the Democrats ran Congress. Obama has spent more money than every other president.

As far as policy, the GOP has put forth various proposals to cut spending. Where are the Democrat proposals? Oh yeah. They dont have any. Their solution is more tax increases now in exchange for talking about spending cuts in the "out" years. Out years are when Obama will be OUT of office. That isn't governance. That's politics as usual.
 
Say what? You think a campaign debt has something to do with the National debt? $800,000 is chump change. Obama tips his caddies more than that.


So, as long as it's just a little debt, it's not deficit spending? How much would it have to be before it shows poor financial management?

By the way...you know what the California GOP got for that deficit spending? Defeated in every election for state-wide office for the past 7 years.

Apparently, not only can they not manage their money, they can't spend it wisely either.

Is this the template you want to see returned to Washington?
 
As usual, the dominant "defense" from the right in this thread, as in ANY thread pointing out GOP duplicity, is..."Well...the Democrats do it too!"

Yet, in one of their OMG! OBAMA! threads, it's ONLY the Democrats!

Tsk, tsk. Such blatant dishonesty. No wonder the GOP has just about committed suicide.
 
As usual, the dominant "defense" from the right in this thread, as in ANY thread pointing out GOP duplicity, is..."Well...the Democrats do it too!"

Yet, in one of their OMG! OBAMA! threads, it's ONLY the Democrats!

Tsk, tsk. Such blatant dishonesty. No wonder the GOP has just about committed suicide.

Actually this thread, your thread, is an example of blatant dishonesty. It isn't the GOP. It is the GOP of California. Not the same thing. Nor is a debt of 800k anything remotely related to the trillions the Democrats in Congress have spent.
 
As usual, the dominant "defense" from the right in this thread, as in ANY thread pointing out GOP duplicity, is..."Well...the Democrats do it too!"

Yet, in one of their OMG! OBAMA! threads, it's ONLY the Democrats!

Tsk, tsk. Such blatant dishonesty. No wonder the GOP has just about committed suicide.

Actually this thread, your thread, is an example of blatant dishonesty. It isn't the GOP. It is the GOP of California. Not the same thing. Nor is a debt of 800k anything remotely related to the trillions the Democrats in Congress have spent.


Huh? :confused: The GOP is not the GOP? And, their debt doesn't mean anything because it's not enough to count?
 

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