Republicans are mostly to blame for our debt

[Brain357]

There is no debt outrage because republicans keep cutting taxes. They fuel irresponsible spending.

What do you see as the purpose of taxation?

Taxation should pay for spending. If it goes on the credit card and we get tax cuts that fuels more spending.

Do we agree that in general taxation should simply be to "fund the Government?
(there are some "sin taxes" to discourage behaviors- but that is not the real purpose of taxation)

I think so? It funds government spending. And as long as taxes decrease spending will too.

 

[Brain357]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

They both cut taxes, and Bush Sr raised them, and Obama needed to continue them.

Obama the Fraud railed against W’s tax cuts “for the rich,” during his first campaign. Then as the fraud he is, gladly extended them.

He didn’t run on cuts or make his own. The Bush cuts made fiscal irresponsibility easy.

Anything to make excuses for O the Fraud...but that fucking Trump is a tax cutting and big spending asshole. Lol.

Damn dude. You’ve had your entire position destroyed by just about everybody in this thread.

You seem confused. Because Obama extended the cuts taxes didn’t change. That’s a fact. He neither cut nor increased taxes, they remained the same.

That’s a fact. He neither cut nor increased taxes, they remained the same.

You're confused.

You are. Extending the cuts means that taxes were unchanged from the previous year. Unchanged is not cutting taxes.

Obama hiked taxes in 2013 on families making over $450,000 and on singles making over $400,000.

Is that why deficits generally decreased through Obama?

 

[Toddsterpatriot]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

They both cut taxes, and Bush Sr raised them, and Obama needed to continue them.

Obama the Fraud railed against W’s tax cuts “for the rich,” during his first campaign. Then as the fraud he is, gladly extended them.

He didn’t run on cuts or make his own. The Bush cuts made fiscal irresponsibility easy.

Anything to make excuses for O the Fraud...but that fucking Trump is a tax cutting and big spending asshole. Lol.

Damn dude. You’ve had your entire position destroyed by just about everybody in this thread.

You seem confused. Because Obama extended the cuts taxes didn’t change. That’s a fact. He neither cut nor increased taxes, they remained the same.

That’s a fact. He neither cut nor increased taxes, they remained the same.

You're confused.

You are. Extending the cuts means that taxes were unchanged from the previous year. Unchanged is not cutting taxes.

Obama hiked taxes in 2013 on families making over $450,000 and on singles making over $400,000.

Is that why deficits generally decreased through Obama?

Is that because he was a budget hawk?
Always looking for ways to cut spending?

 

[Brain357]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

They both cut taxes, and Bush Sr raised them, and Obama needed to continue them.

Obama the Fraud railed against W’s tax cuts “for the rich,” during his first campaign. Then as the fraud he is, gladly extended them.

He didn’t run on cuts or make his own. The Bush cuts made fiscal irresponsibility easy.

Anything to make excuses for O the Fraud...but that fucking Trump is a tax cutting and big spending asshole. Lol.

Damn dude. You’ve had your entire position destroyed by just about everybody in this thread.

You seem confused. Because Obama extended the cuts taxes didn’t change. That’s a fact. He neither cut nor increased taxes, they remained the same.

That’s a fact. He neither cut nor increased taxes, they remained the same.

You're confused.

You are. Extending the cuts means that taxes were unchanged from the previous year. Unchanged is not cutting taxes.

Obama hiked taxes in 2013 on families making over $450,000 and on singles making over $400,000.

Is that why deficits generally decreased through Obama?

Is that because he was a budget hawk?
Always looking for ways to cut spending?

I didn’t notice any evidence of that. But Trump sure increased deficits fast after him so maybe he was.

 

[Dana7360]

Now that we are closing out another failed republican president it seems like a good time to bring up debt since repubs will no doubt put there fiscally responsible hats back on for us to laugh at. It's clear big debt started with Reagan, the guy tripled the debt. We almost had it under control under Clinton, then Bush messed that up completely. Then Obama inherited the Bush mess and spent a lot, but deficits generally came down after the mess was fixed. Now Trump inherited a strong economy and still increased debt every single year. Last year pre pandemic he managed a trillion dollar deficit during a strong economy, this year he will set a new record by a lot.

Over and over and over republicans support the same policy of cut taxes, increase military spending, and drastically increase debt. And that is what has happened every time they have done it. Reagan did it, Bush did it, and now Trump did it. And repubs stupidly believe the square peg is going to fit the round hole this time.... or are they all that stupid? Many certainly are, but others clearly love the freebies. Heck better than a freebie, trumpers got their military spending and a tax cut! Government is great!

So for the last 40 years we have gotten more and more government and thanks to repubs it costs tax payers less and less. That is a formula for increasing government if I have ever seen one. So laugh whenever a repub claims to be for fiscal responsibility, their policy has clearly lead the way for more and more debt.

republican economics is the most irresponsible economic system we have.

Their policy of low taxes on the rich and spending like there is no tomorrow has to stop.

Every time their economic policies are implemented it crashes our economy and puts us farther in debt.

 

[Dana7360]

I'm confused. Was Trump the one that wrote this last Covid Relief spending bill?

.

No he's the one who wanted to make it even larger.

 

[Natural Citizen]

Paul is a fraud and a strong trump supporter.

You know, Brain, the best way to get away with grand theft is to do it in broad daylight.

That's all I have to say about that.

Oh wait. Heh heh. Brain, have you heard the one about the two bulls? It was just an after-thought I had.

 

[AntonToo]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

"O's enormous spending" was $870B on a Stimulus in the middle of Great Recession and extension of Bush's Tax-Cuts that Republicans were of course 100% behind. There was also $500 Billion sequestration and about break-even on ACA (Obamacare) spending, increase in taxes and spending cuts.

Throughout his presidency O was looking to do Grand Bargain to get long term deficits under controll.


Now lets look at Trump:

Never pursued any deficit reductions and was quoted saying that long term debts do not matter to him because he'll be out of office by the time sht hits the fan.

Trump's tax cuts are 1.5T over 10 years and the two stimulus bills are 3.1 Trillion, plus other spending increases, particularly in millitary spending.


THERE IS A BIG DIFFERENCE HERE.

 

[Toddsterpatriot]

Throughout his presidency O was looking to do Grand Bargain to get long term deficits under controll.

Yeah, he was big on bipartisan cooperation. DURR.

 

[gipper]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

They both cut taxes, and Bush Sr raised them, and Obama needed to continue them.

Obama the Fraud railed against W’s tax cuts “for the rich,” during his first campaign. Then as the fraud he is, gladly extended them.

He didn’t run on cuts or make his own. The Bush cuts made fiscal irresponsibility easy.

Anything to make excuses for O the Fraud...but that fucking Trump is a tax cutting and big spending asshole. Lol.

Damn dude. You’ve had your entire position destroyed by just about everybody in this thread.

You seem confused. Because Obama extended the cuts taxes didn’t change. That’s a fact. He neither cut nor increased taxes, they remained the same.

LMFAO

 

[Brain357]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

They both cut taxes, and Bush Sr raised them, and Obama needed to continue them.

Obama the Fraud railed against W’s tax cuts “for the rich,” during his first campaign. Then as the fraud he is, gladly extended them.

He didn’t run on cuts or make his own. The Bush cuts made fiscal irresponsibility easy.

Anything to make excuses for O the Fraud...but that fucking Trump is a tax cutting and big spending asshole. Lol.

Damn dude. You’ve had your entire position destroyed by just about everybody in this thread.

You seem confused. Because Obama extended the cuts taxes didn’t change. That’s a fact. He neither cut nor increased taxes, they remained the same.

LMFAO

What don’t you get? Obama had two options. Leave the rate the same or increase taxes. He left them the same vs the previous year. That isn’t a cut.

 

[AntonToo]

Republicans are mostly to blame for our debt

View attachment 434291

Hey bullshit artist, that spike at the end of Bush's tennure is what happens when you have a Great Recession (after 6 years of Republican control) on top of big war spending (Republicans) and tax-cuts (Republicans) and yes, some Democrat spending to help economy recover.

 

[Dana7360]

The best you guys seem to have is that Obama let the Bush tax cuts continue during a recession. Well it still started with Bush. Republican tax cuts fuel more spending.

Not for everyone. Obama kept the tax cuts for the poor and middle class.

Obama increased taxes on the rich when he first became president.

So did Clinton.

Both kept taxes low for the poor and middle class but raised taxes on the rich.

 

[AntonToo]

Throughout his presidency O was looking to do Grand Bargain to get long term deficits under controll.

Yeah, he was big on bipartisan cooperation. DURR.

Dummy, I'm giving you FACTS.

It was a FACT that Obama worked extensively with Republican leadership to get the Great Bargain going. But it never had a chance because while Obama was talking about "no sacred cows", Republicans were signing Grover Norquist's pledge to NEVER EVER UNDER ANY CIRCUMSTANCE increase effective taxation.

https://thehill.com/policy/finance/268857-showdown-scars-how-the-4-trillion-grand-bargain-collapsed3

Trump, aside from his laughable, empty campaign promises to pay off all debt in just 8 years, never had ANY interest in getting anything done on deficits.

 

[Dana7360]

The best you guys seem to have is that Obama let the Bush tax cuts continue during a recession. Well it still started with Bush. Republican tax cuts fuel more spending.

The best you guys seem to have is that Obama let the Bush tax cuts continue during a recession.

Raising taxes hurts the economy?

Republican tax cuts fuel more spending.

Clinton hiked taxes in 1993. He increased spending.

Clinton decreased deficits a lot.

Clinton wiped out the deficit to zero. He balanced the budget, then created a large surplus.

We were on course to pay off the huge debt regan/bush left us. Clinton's plan had the regan/bush national debt paid off by 2010.

The bush boy destroyed it all.

 

[Dana7360]

So O’s enormous spending, which only enriched Wall Street was good, but W’s and Trump’s was bad.

Do you fail to see how partisan that is?

They both cut taxes, and Bush Sr raised them, and Obama needed to continue them.

Obama the Fraud railed against W’s tax cuts “for the rich,” during his first campaign. Then as the fraud he is, gladly extended them.

He didn’t run on cuts or make his own. The Bush cuts made fiscal irresponsibility easy.

Anything to make excuses for O the Fraud...but that fucking Trump is a tax cutting and big spending asshole. Lol.

Damn dude. You’ve had your entire position destroyed by just about everybody in this thread.

You seem confused. Because Obama extended the cuts taxes didn’t change. That’s a fact. He neither cut nor increased taxes, they remained the same.

That's not quite true.

Obama raised taxes on the rich only.

 

[Dont Taz Me Bro]

The funny (if predictable) thing is that I'm ALREADY seeing the Trumpsters complain about "Biden's spending".

This, after Trump made Keynes look like Ron freakin' Paul and took credit for the actions of the Fed.

They're not to be taken seriously.

Yep, the moment Biden takes office the Republicans will suddenly become a "fiscally conservative" party again.

 

[Toddsterpatriot]

Dummy, I'm giving you FACTS.

The fact is, Obama wasn't big on bipartisan cooperation. Ever. Idiot.

 

[Toddsterpatriot]

Clinton wiped out the deficit to zero.

He was awesome!

Every time I looked, he was busy coming up with new ways to cut spending.

What were your 3 favorite Clinton spending cuts?

 

[AntonToo]

Dummy, I'm giving you FACTS.

The fact is, Obama wasn't big on bipartisan cooperation. Ever. Idiot.

I'm telling you EXACTLY HOW HE WAS CO-OPERATING ON TACKLING THE DEFICITS you fucking dimwit and your response is "nuh-uh he would never do that"

This was Obama talking about conceeding spending cuts to get to a compromise:

"A lot of people say a lot of things to satisfy their base or to get on cable news," he said. "Hopefully, leaders at a certain point rise to the occasion and do the right thing for the American people. That is what I expect to happen this time. Call me naive, but my expectation is leaders are going to lead....I've already shown I'm prepared to make decisions that are very tough and will give my base of voters further reason to give me a hard time,"

Barack Obama tells Republicans to take on sacred cows over borrowing talks

President warns of 'significant consequences' if Congress fails to permit more borrowing and US defaults on debts

www.theguardian.com

Your replies are not sane.