Republicans are mostly to blame for our debt

[Blues Man]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

He inherited a disaster from Bush. After disaster was fixed deficits declined. Compare the last 3 years of Obama to the first 3 of Trump. Bad and worse.

Bush inherited a dot-com disaster from Clinton. Y'all let Bush use that excuse ?

Bush inherited a balanced budget and gave it away with tax cuts and military spending.

Is that what you call the dot-com bust?

Dot-com bubble - Wikipedia

en.wikipedia.org

Bush was bad. Very bad. Trump even ran on how bad Bush was.

Oh yea I know. Bush man bad, orange man bad.

Anyway, you said Clinton left a surplus and/or balanced budget. I asked you to prove it. So far you've done nothing.

You have google and probably remember Bush spending away the surplus he inherited. I can only answer so many stupid
questions. Republicans are either claiming newt balanced the budget or denying it. The stupidity gets tiring.

You make the claim you back it up. When I google it it shows a deficit every year, meaning you're wrong.

Did the deficit get bigger or smaller each year?

irrelevant

the debt grew

as I said the largest debt increases by percentage have mostly been under democrat administrations

Reagan tripled the debt. Deficits decreased during Clinton and Obama. They increased under trump and Bush. You don’t seem the dumb, are you just dishonest?

look it up.

Democrats have been responsible for more of the largest percentage increases of the debt than republicans.

3 of the 5 top contributors to the national debt have been democrats
You're entire argument that only republicans increase the debt is bullshit

Look at the direction deficits go. Deficits decreased under Obama and Clinton, increased under Trump and Bush . The dems inherit a mess. Biden will inherit a huge deficit thanks to trumps failure.

irrelevant.

not one administration since Coolidge actually left less debt.

your entire argument fell apart pages ago but you still cling to it.

Our debt situation has been caused by both parties and is the culmination of at least 60 years

yes, but the fact is that dems have added more debt than republicans. On that there is no question.

you might as well be arguing that the Iceberg that made the smallest hole didn't sink the titanic.

Republicans only care about the debt when democrats add to ti and democrats only care when republicans add to it.

Which is why we need to shit can the 2 party system

 

[Nostra]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

He inherited a disaster from Bush. After disaster was fixed deficits declined. Compare the last 3 years of Obama to the first 3 of Trump. Bad and worse.

Bush inherited a dot-com disaster from Clinton. Y'all let Bush use that excuse ?

Bush inherited a balanced budget and gave it away with tax cuts and military spending.

Is that what you call the dot-com bust?

Dot-com bubble - Wikipedia

en.wikipedia.org

Bush was bad. Very bad. Trump even ran on how bad Bush was.

Oh yea I know. Bush man bad, orange man bad.

Anyway, you said Clinton left a surplus and/or balanced budget. I asked you to prove it. So far you've done nothing.

You have google and probably remember Bush spending away the surplus he inherited. I can only answer so many stupid
questions. Republicans are either claiming newt balanced the budget or denying it. The stupidity gets tiring.

You make the claim you back it up. When I google it it shows a deficit every year, meaning you're wrong.

Did the deficit get bigger or smaller each year?

irrelevant

the debt grew

as I said the largest debt increases by percentage have mostly been under democrat administrations

Reagan tripled the debt. Deficits decreased during Clinton and Obama. They increased under trump and Bush. You don’t seem the dumb, are you just dishonest?

look it up.

Democrats have been responsible for more of the largest percentage increases of the debt than republicans.

3 of the 5 top contributors to the national debt have been democrats
You're entire argument that only republicans increase the debt is bullshit

Look at the direction deficits go. Deficits decreased under Obama and Clinton, increased under Trump and Bush . The dems inherit a mess. Biden will inherit a huge deficit thanks to trumps failure.

Deficits decreased under Obama and Clinton, increased under Trump and Bush

Decreased under Barry and Slick once Republicans got control of the purse strings.............increased under Bush and Trump once Dimwingers got control of the purse strings.

You lose again, Brainfart.

You really aren’t smart.

And yet I keep kicking your ass.

 

[Penelope]

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.

History and politics not strong with you is it cum breath?

And yet you can’t deny any of the facts.

Deny what you don't know the facts.

Reagan had to compromise with tippy

Newt is the one who balanced the budget for a few

Fact is that repubs fuel increased spending with tax cuts.

so democrats take no responsibility for their increased spending they just blame republicans for cutting taxes.

got it.

Doesn't it seem to be the rationale that if everyone is to blame then no one is at fault?

Tax payers don’t care about spending because it goes on the credit card and they get tax cuts.

now you're finally getting it

No one cares about the debt.

And it ain't gonna matter before I'm dead so i don't care either

I get it, it’s the point of the OP . Nobody will care till we increase taxes, cuts are making people care less and less.

presidents have increased taxes and still no one cared.

Reagan passed the single largest peacetime tax hike in history and no one cared that he grew the debt

Clinton raised taxes and no one cared that he raised the debt

Bush #1 raised taxes and no one cared that he increased the debt

how can you keep saying that people will care when taxes are raised when they have shown just the opposite?

Tramp cared,
Trump touts tax law he previously called a disaster - YouTube

Min 120 on

no one else did

Republicans loved Reagan, he cut taxes twice and he raised the lowest bracket.

Remember tramp wanted them to invest in real estate, and he was a Democrat for a long time.

Anything that he felt it was good for him. Now he wants tax cuts, but he didn't back in the 80's.

Reagan passed the largest peace time tax hike in history which basically clawed back all the money from the income tax cuts.

Trump wasn't complaining about the tax cuts he was complaining about the tax increases Reagan signed into law after the first rounds of cuts

No he didn't, he twice cut taxes. Reagan only raised the lowest bracket in 1986.

Tramp was bitching about people playing the market instead of investing in real estate.

Bloomberg - Are you a robot?

The Economic Recovery Act of 1981, also known as the Reagan tax cuts, was the biggest reduction in U.S. taxes of the past 70 years, possibly even the biggest ever. 1 That much is reasonably well-known.



What is less well-known is that these cuts were then followed by a series of tax increases that, if you add them all together, were almost as big as or even bigger than the 1981 cuts, depending on the measure you use.

Taxes: What people forget about Reagan

Ronald Reagan is the patron saint of lower taxes and smaller government. He cut taxes, yes. But he also raised them several times, in part to reduce high deficits and in part to pave the way for true tax reform.

money.cnn.com

So, despite his public opposition to higher taxes, Reagan ended up signing off on several measures intended to raise more revenue.

"Reagan was certainly a tax cutter legislatively, emotionally and ideologically. But for a variety of political reasons, it was hard for him to ignore the cost of his tax cuts," said tax historian Joseph Thorndike.

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Sounds awful!!

What were the rates before Reagan increased them? What were the rates after?

from the same link

The bills didn't raise more revenue by hiking individual income tax rates though. Instead they did it largely through making it tougher to evade taxes, and through "base broadening" -- that is, reducing various federal tax breaks and closing tax loopholes.

For instance, more asset sales became taxable and tax-advantaged contributions and benefits under pension plans were further limited.

"What people forget about Ronald Reagan was that he very much converted to base broadening as a means of reducing deficits and as a means of tax reform," said Eugene Steuerle, an Institute Fellow at the Urban Institute who had helped lay the groundwork for tax reform in 1986 and served as a deputy assistant Treasury secretary during Reagan's second term.

There were other notable tax increases under Reagan.

In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees.

The tax reform of 1986, meanwhile, wasn't designed to increase federal tax revenue. But that didn't mean that no one's taxes went up. Because the reform bill eliminated or reduced many tax breaks and shelters, high-income tax filers who previously paid little ended up with bigger tax bills.

So he's the one that did this, and it hasn't increased in all the years!

Beginning in 1984, includes up to one-half of Social Security benefits as taxable income for taxpayers whose adjusted gross income, combined with half their benefits and any tax-exempt interest they may have exceeds $25,000 for a single taxpayer and $32,000 for married taxpayers filing jointly. Benefits received by married taxpayers filing separately are taxable without regard to other income. Appropriates amounts equal to estimated tax liability to the Social Security trust funds.
Social Security history (ssa.gov)

The rich should pay more, as they get higher amounts in their SS checks.

they get more because they paid in more.

why is it you people want to ignore the truth about Reagan?

He said government is the problem but he oversaw one of the largest government expansions in history.

That he did, off the back of the working class. He was an 80's Potus and he decreased taxes so much, Bush Sr. had to say " Read my lips, no new taxes", and then he had the nerve to raise the lower income bracket.

 

[Nostra]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

He inherited a disaster from Bush. After disaster was fixed deficits declined. Compare the last 3 years of Obama to the first 3 of Trump. Bad and worse.

Bush inherited a dot-com disaster from Clinton. Y'all let Bush use that excuse ?

Bush inherited a balanced budget and gave it away with tax cuts and military spending.

Is that what you call the dot-com bust?

Dot-com bubble - Wikipedia

en.wikipedia.org

Bush was bad. Very bad. Trump even ran on how bad Bush was.

Oh yea I know. Bush man bad, orange man bad.

Anyway, you said Clinton left a surplus and/or balanced budget. I asked you to prove it. So far you've done nothing.

You have google and probably remember Bush spending away the surplus he inherited. I can only answer so many stupid
questions. Republicans are either claiming newt balanced the budget or denying it. The stupidity gets tiring.

You make the claim you back it up. When I google it it shows a deficit every year, meaning you're wrong.

Did the deficit get bigger or smaller each year?

That's not what you said. Can't move the goalposts now. You said he left Bush with a surplus. I said prove it. You know you can't but you're not man enough to admit you lied so you just "laugh" at everything I say like a little school girl caught and knows she can't get out of it.

Awe you are scared to answer the question. Funny how deficits increase with repubs and decrease with dems. That should tell you something.

More lies by Brainfart.

 

[gipper]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

He inherited a disaster from Bush. After disaster was fixed deficits declined. Compare the last 3 years of Obama to the first 3 of Trump. Bad and worse.

Bush inherited a dot-com disaster from Clinton. Y'all let Bush use that excuse ?

Bush inherited a balanced budget and gave it away with tax cuts and military spending.

Is that what you call the dot-com bust?

Dot-com bubble - Wikipedia

en.wikipedia.org

Bush was bad. Very bad. Trump even ran on how bad Bush was.

Oh yea I know. Bush man bad, orange man bad.

Anyway, you said Clinton left a surplus and/or balanced budget. I asked you to prove it. So far you've done nothing.

You have google and probably remember Bush spending away the surplus he inherited. I can only answer so many stupid
questions. Republicans are either claiming newt balanced the budget or denying it. The stupidity gets tiring.

You make the claim you back it up. When I google it it shows a deficit every year, meaning you're wrong.

Did the deficit get bigger or smaller each year?

irrelevant

the debt grew

as I said the largest debt increases by percentage have mostly been under democrat administrations

Reagan tripled the debt. Deficits decreased during Clinton and Obama. They increased under trump and Bush. You don’t seem the dumb, are you just dishonest?

look it up.

Democrats have been responsible for more of the largest percentage increases of the debt than republicans.

3 of the 5 top contributors to the national debt have been democrats
You're entire argument that only republicans increase the debt is bullshit

Look at the direction deficits go. Deficits decreased under Obama and Clinton, increased under Trump and Bush . The dems inherit a mess. Biden will inherit a huge deficit thanks to trumps failure.

irrelevant.

not one administration since Coolidge actually left less debt.

your entire argument fell apart pages ago but you still cling to it.

Our debt situation has been caused by both parties and is the culmination of at least 60 years

yes, but the fact is that dems have added more debt than republicans. On that there is no question.

you might as well be arguing that the Iceberg that made the smallest hole didn't sink the titanic.

Republicans only care about the debt when democrats add to ti and democrats only care when republicans add to it.

Which is why we need to shit can the 2 party system

Exactly but somehow the fools supporting the two criminal gangs, don’t see the truth.

 

[Nostra]

It’s adorable that you clowns can see deficits decrease under dems and increase each year with repubs and it still doesn’t click. Funny stuff.

Brainfart repeating the same debunked lies.

 

[Blues Man]

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.

History and politics not strong with you is it cum breath?

And yet you can’t deny any of the facts.

Deny what you don't know the facts.

Reagan had to compromise with tippy

Newt is the one who balanced the budget for a few

Fact is that repubs fuel increased spending with tax cuts.

so democrats take no responsibility for their increased spending they just blame republicans for cutting taxes.

got it.

Doesn't it seem to be the rationale that if everyone is to blame then no one is at fault?

Tax payers don’t care about spending because it goes on the credit card and they get tax cuts.

now you're finally getting it

No one cares about the debt.

And it ain't gonna matter before I'm dead so i don't care either

I get it, it’s the point of the OP . Nobody will care till we increase taxes, cuts are making people care less and less.

presidents have increased taxes and still no one cared.

Reagan passed the single largest peacetime tax hike in history and no one cared that he grew the debt

Clinton raised taxes and no one cared that he raised the debt

Bush #1 raised taxes and no one cared that he increased the debt

how can you keep saying that people will care when taxes are raised when they have shown just the opposite?

Tramp cared,
Trump touts tax law he previously called a disaster - YouTube

Min 120 on

no one else did

Republicans loved Reagan, he cut taxes twice and he raised the lowest bracket.

Remember tramp wanted them to invest in real estate, and he was a Democrat for a long time.

Anything that he felt it was good for him. Now he wants tax cuts, but he didn't back in the 80's.

Reagan passed the largest peace time tax hike in history which basically clawed back all the money from the income tax cuts.

Trump wasn't complaining about the tax cuts he was complaining about the tax increases Reagan signed into law after the first rounds of cuts

No he didn't, he twice cut taxes. Reagan only raised the lowest bracket in 1986.

Tramp was bitching about people playing the market instead of investing in real estate.

Bloomberg - Are you a robot?

The Economic Recovery Act of 1981, also known as the Reagan tax cuts, was the biggest reduction in U.S. taxes of the past 70 years, possibly even the biggest ever. 1 That much is reasonably well-known.



What is less well-known is that these cuts were then followed by a series of tax increases that, if you add them all together, were almost as big as or even bigger than the 1981 cuts, depending on the measure you use.

Taxes: What people forget about Reagan

Ronald Reagan is the patron saint of lower taxes and smaller government. He cut taxes, yes. But he also raised them several times, in part to reduce high deficits and in part to pave the way for true tax reform.

money.cnn.com

So, despite his public opposition to higher taxes, Reagan ended up signing off on several measures intended to raise more revenue.

"Reagan was certainly a tax cutter legislatively, emotionally and ideologically. But for a variety of political reasons, it was hard for him to ignore the cost of his tax cuts," said tax historian Joseph Thorndike.

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Sounds awful!!

What were the rates before Reagan increased them? What were the rates after?

from the same link

The bills didn't raise more revenue by hiking individual income tax rates though. Instead they did it largely through making it tougher to evade taxes, and through "base broadening" -- that is, reducing various federal tax breaks and closing tax loopholes.

For instance, more asset sales became taxable and tax-advantaged contributions and benefits under pension plans were further limited.

"What people forget about Ronald Reagan was that he very much converted to base broadening as a means of reducing deficits and as a means of tax reform," said Eugene Steuerle, an Institute Fellow at the Urban Institute who had helped lay the groundwork for tax reform in 1986 and served as a deputy assistant Treasury secretary during Reagan's second term.

There were other notable tax increases under Reagan.

In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees.

The tax reform of 1986, meanwhile, wasn't designed to increase federal tax revenue. But that didn't mean that no one's taxes went up. Because the reform bill eliminated or reduced many tax breaks and shelters, high-income tax filers who previously paid little ended up with bigger tax bills.

So he's the one that did this, and it hasn't increased in all the years!

Beginning in 1984, includes up to one-half of Social Security benefits as taxable income for taxpayers whose adjusted gross income, combined with half their benefits and any tax-exempt interest they may have exceeds $25,000 for a single taxpayer and $32,000 for married taxpayers filing jointly. Benefits received by married taxpayers filing separately are taxable without regard to other income. Appropriates amounts equal to estimated tax liability to the Social Security trust funds.
Social Security history (ssa.gov)

The rich should pay more, as they get higher amounts in their SS checks.

they get more because they paid in more.

why is it you people want to ignore the truth about Reagan?

He said government is the problem but he oversaw one of the largest government expansions in history.

That he did, off the back of the working class. He was an 80's Potus and he decreased taxes so much, Bush Sr. had to say " Read my lips, no new taxes", and then he had the nerve to raise the lower income bracket.

Reagan lowered taxes so much he had to find other ways to increase revenue and he did that by raising taxes that weren't income taxes.

 

[Penelope]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

Trump's covid 19 spending doesn't count against him as he just happened to preside over the china virus. I wouldn't hold it against a demo president either. His other 3 years were not great, and I've complained about spending for years with all presidents.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.

Don't Blame Obama For Doubling The Federal Debt (forbes.com)

 

[Penelope]

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.

History and politics not strong with you is it cum breath?

And yet you can’t deny any of the facts.

Deny what you don't know the facts.

Reagan had to compromise with tippy

Newt is the one who balanced the budget for a few

Fact is that repubs fuel increased spending with tax cuts.

so democrats take no responsibility for their increased spending they just blame republicans for cutting taxes.

got it.

Doesn't it seem to be the rationale that if everyone is to blame then no one is at fault?

Tax payers don’t care about spending because it goes on the credit card and they get tax cuts.

now you're finally getting it

No one cares about the debt.

And it ain't gonna matter before I'm dead so i don't care either

I get it, it’s the point of the OP . Nobody will care till we increase taxes, cuts are making people care less and less.

presidents have increased taxes and still no one cared.

Reagan passed the single largest peacetime tax hike in history and no one cared that he grew the debt

Clinton raised taxes and no one cared that he raised the debt

Bush #1 raised taxes and no one cared that he increased the debt

how can you keep saying that people will care when taxes are raised when they have shown just the opposite?

Tramp cared,
Trump touts tax law he previously called a disaster - YouTube

Min 120 on

no one else did

Republicans loved Reagan, he cut taxes twice and he raised the lowest bracket.

Remember tramp wanted them to invest in real estate, and he was a Democrat for a long time.

Anything that he felt it was good for him. Now he wants tax cuts, but he didn't back in the 80's.

Reagan passed the largest peace time tax hike in history which basically clawed back all the money from the income tax cuts.

Trump wasn't complaining about the tax cuts he was complaining about the tax increases Reagan signed into law after the first rounds of cuts

No he didn't, he twice cut taxes. Reagan only raised the lowest bracket in 1986.

Tramp was bitching about people playing the market instead of investing in real estate.

Bloomberg - Are you a robot?

The Economic Recovery Act of 1981, also known as the Reagan tax cuts, was the biggest reduction in U.S. taxes of the past 70 years, possibly even the biggest ever. 1 That much is reasonably well-known.



What is less well-known is that these cuts were then followed by a series of tax increases that, if you add them all together, were almost as big as or even bigger than the 1981 cuts, depending on the measure you use.

Taxes: What people forget about Reagan

Ronald Reagan is the patron saint of lower taxes and smaller government. He cut taxes, yes. But he also raised them several times, in part to reduce high deficits and in part to pave the way for true tax reform.

money.cnn.com

So, despite his public opposition to higher taxes, Reagan ended up signing off on several measures intended to raise more revenue.

"Reagan was certainly a tax cutter legislatively, emotionally and ideologically. But for a variety of political reasons, it was hard for him to ignore the cost of his tax cuts," said tax historian Joseph Thorndike.

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Sounds awful!!

What were the rates before Reagan increased them? What were the rates after?

from the same link

The bills didn't raise more revenue by hiking individual income tax rates though. Instead they did it largely through making it tougher to evade taxes, and through "base broadening" -- that is, reducing various federal tax breaks and closing tax loopholes.

For instance, more asset sales became taxable and tax-advantaged contributions and benefits under pension plans were further limited.

"What people forget about Ronald Reagan was that he very much converted to base broadening as a means of reducing deficits and as a means of tax reform," said Eugene Steuerle, an Institute Fellow at the Urban Institute who had helped lay the groundwork for tax reform in 1986 and served as a deputy assistant Treasury secretary during Reagan's second term.

There were other notable tax increases under Reagan.

In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees.

The tax reform of 1986, meanwhile, wasn't designed to increase federal tax revenue. But that didn't mean that no one's taxes went up. Because the reform bill eliminated or reduced many tax breaks and shelters, high-income tax filers who previously paid little ended up with bigger tax bills.

So he's the one that did this, and it hasn't increased in all the years!

Beginning in 1984, includes up to one-half of Social Security benefits as taxable income for taxpayers whose adjusted gross income, combined with half their benefits and any tax-exempt interest they may have exceeds $25,000 for a single taxpayer and $32,000 for married taxpayers filing jointly. Benefits received by married taxpayers filing separately are taxable without regard to other income. Appropriates amounts equal to estimated tax liability to the Social Security trust funds.
Social Security history (ssa.gov)

The rich should pay more, as they get higher amounts in their SS checks.

they get more because they paid in more.

why is it you people want to ignore the truth about Reagan?

He said government is the problem but he oversaw one of the largest government expansions in history.

That he did, off the back of the working class. He was an 80's Potus and he decreased taxes so much, Bush Sr. had to say " Read my lips, no new taxes", and then he had the nerve to raise the lower income bracket.

Reagan lowered taxes so much he had to find other ways to increase revenue and he did that by raising taxes that weren't income taxes.

I know. He cut social programs. Property taxes and sales tax are set by the local governments.

The President continued, ''We're going to keep on trying to get down to a balanced budget through spending cuts. Then, if that isn't enough and if we're convinced that we have Government down to the level, absolute level, where it cannot go below that and perform Government's functions and services, then it would be a time to look at revenues, but not now.''
REAGAN INSISTS BUDGET CUTS ARE WAY TO REDUCE DEFICIT - The New York Times (nytimes.com)

 

[Toddsterpatriot]

(the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009.

How much of that budget was signed by Obama?

 

[bripat9643]

One side is clearly worse for debt. Just look at the trump disaster. Trillion dollar deficit last year during a strong economy!

This is why I call Trump a hyper-Keynesian.

The so-called "conservatives" HATED Keynesianism BEFORE, and Keynes only advocated for increased spending during times of economic RECESSION.

But when Trump comes along and signs a MASSIVE spending increase with the GDP still growing, he's a fucking genius.

These people are completely clueless on economics. All they know is that they absolutely adore this ignorant buffoon.

You're wrong, asshole. I didn't like Trump's budget increase. Not a bit.

You love all trumps failures. Your undying support says you loved the increases.

You love a corrupt senile pedophile who sells his office to our enemies for cash.

 

[bripat9643]

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.

History and politics not strong with you is it cum breath?

And yet you can’t deny any of the facts.

Deny what you don't know the facts.

Reagan had to compromise with tippy

Newt is the one who balanced the budget for a few

Fact is that repubs fuel increased spending with tax cuts.

so democrats take no responsibility for their increased spending they just blame republicans for cutting taxes.

got it.

Doesn't it seem to be the rationale that if everyone is to blame then no one is at fault?

Tax payers don’t care about spending because it goes on the credit card and they get tax cuts.

now you're finally getting it

No one cares about the debt.

And it ain't gonna matter before I'm dead so i don't care either

I get it, it’s the point of the OP . Nobody will care till we increase taxes, cuts are making people care less and less.

presidents have increased taxes and still no one cared.

Reagan passed the single largest peacetime tax hike in history and no one cared that he grew the debt

Clinton raised taxes and no one cared that he raised the debt

Bush #1 raised taxes and no one cared that he increased the debt

how can you keep saying that people will care when taxes are raised when they have shown just the opposite?

Tramp cared,
Trump touts tax law he previously called a disaster - YouTube

Min 120 on

no one else did

Republicans loved Reagan, he cut taxes twice and he raised the lowest bracket.

Remember tramp wanted them to invest in real estate, and he was a Democrat for a long time.

Anything that he felt it was good for him. Now he wants tax cuts, but he didn't back in the 80's.

Reagan passed the largest peace time tax hike in history which basically clawed back all the money from the income tax cuts.

Trump wasn't complaining about the tax cuts he was complaining about the tax increases Reagan signed into law after the first rounds of cuts

No he didn't, he twice cut taxes. Reagan only raised the lowest bracket in 1986.

Tramp was bitching about people playing the market instead of investing in real estate.

Bloomberg - Are you a robot?

The Economic Recovery Act of 1981, also known as the Reagan tax cuts, was the biggest reduction in U.S. taxes of the past 70 years, possibly even the biggest ever. 1 That much is reasonably well-known.



What is less well-known is that these cuts were then followed by a series of tax increases that, if you add them all together, were almost as big as or even bigger than the 1981 cuts, depending on the measure you use.

Taxes: What people forget about Reagan

Ronald Reagan is the patron saint of lower taxes and smaller government. He cut taxes, yes. But he also raised them several times, in part to reduce high deficits and in part to pave the way for true tax reform.

money.cnn.com

So, despite his public opposition to higher taxes, Reagan ended up signing off on several measures intended to raise more revenue.

"Reagan was certainly a tax cutter legislatively, emotionally and ideologically. But for a variety of political reasons, it was hard for him to ignore the cost of his tax cuts," said tax historian Joseph Thorndike.

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Sounds awful!!

What were the rates before Reagan increased them? What were the rates after?

from the same link

The bills didn't raise more revenue by hiking individual income tax rates though. Instead they did it largely through making it tougher to evade taxes, and through "base broadening" -- that is, reducing various federal tax breaks and closing tax loopholes.

For instance, more asset sales became taxable and tax-advantaged contributions and benefits under pension plans were further limited.

"What people forget about Ronald Reagan was that he very much converted to base broadening as a means of reducing deficits and as a means of tax reform," said Eugene Steuerle, an Institute Fellow at the Urban Institute who had helped lay the groundwork for tax reform in 1986 and served as a deputy assistant Treasury secretary during Reagan's second term.

There were other notable tax increases under Reagan.

In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees.

The tax reform of 1986, meanwhile, wasn't designed to increase federal tax revenue. But that didn't mean that no one's taxes went up. Because the reform bill eliminated or reduced many tax breaks and shelters, high-income tax filers who previously paid little ended up with bigger tax bills.

So he's the one that did this, and it hasn't increased in all the years!

Beginning in 1984, includes up to one-half of Social Security benefits as taxable income for taxpayers whose adjusted gross income, combined with half their benefits and any tax-exempt interest they may have exceeds $25,000 for a single taxpayer and $32,000 for married taxpayers filing jointly. Benefits received by married taxpayers filing separately are taxable without regard to other income. Appropriates amounts equal to estimated tax liability to the Social Security trust funds.
Social Security history (ssa.gov)

The rich should pay more, as they get higher amounts in their SS checks.

they get more because they paid in more.

why is it you people want to ignore the truth about Reagan?

He said government is the problem but he oversaw one of the largest government expansions in history.

That he did, off the back of the working class. He was an 80's Potus and he decreased taxes so much, Bush Sr. had to say " Read my lips, no new taxes", and then he had the nerve to raise the lower income bracket.

Reagan lowered taxes so much he had to find other ways to increase revenue and he did that by raising taxes that weren't income taxes.

I know. He cut social programs. Property taxes and sales tax are set by the local governments.

What social programs did he cut?

 

[Nostra]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

Trump's covid 19 spending doesn't count against him as he just happened to preside over the china virus. I wouldn't hold it against a demo president either. His other 3 years were not great, and I've complained about spending for years with all presidents.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.

Don't Blame Obama For Doubling The Federal Debt (forbes.com)

It continued to decrease until Obama’s last year

Bullshit.

Barry's last 3 budgets had increasing deficits.

• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

US Budget Deficit by Year Since 1969

What has the U.S. budget deficit has been every year since 1969? See how much more the government spends than it takes in every year.

www.thoughtco.com

 

[Penelope]

(the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009.

How much of that budget was signed by Obama?

He ran the first year on Bush's budget, and it not Obama fault that Bush Jr. left him the greatest recession since the Great Depression.

 

[Penelope]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

Trump's covid 19 spending doesn't count against him as he just happened to preside over the china virus. I wouldn't hold it against a demo president either. His other 3 years were not great, and I've complained about spending for years with all presidents.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.

Don't Blame Obama For Doubling The Federal Debt (forbes.com)

It continued to decrease until Obama’s last year

Bullshit.

Barry's last 3 budgets had increasing deficits.

• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

US Budget Deficit by Year Since 1969

What has the U.S. budget deficit has been every year since 1969? See how much more the government spends than it takes in every year.

www.thoughtco.com

Deficit that ballooned under the republican Presidents.

 

[Nostra]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

Trump's covid 19 spending doesn't count against him as he just happened to preside over the china virus. I wouldn't hold it against a demo president either. His other 3 years were not great, and I've complained about spending for years with all presidents.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.

Don't Blame Obama For Doubling The Federal Debt (forbes.com)

It continued to decrease until Obama’s last year

Bullshit.

Barry's last 3 budgets had increasing deficits.

• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

US Budget Deficit by Year Since 1969

What has the U.S. budget deficit has been every year since 1969? See how much more the government spends than it takes in every year.

www.thoughtco.com

Deficit that ballooned under the republican Presidents.

Throwing out some moronic Dimwinger talking point doesn't change the fact I proved you are a liar.

 

[Penelope]

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.

History and politics not strong with you is it cum breath?

And yet you can’t deny any of the facts.

Deny what you don't know the facts.

Reagan had to compromise with tippy

Newt is the one who balanced the budget for a few

Fact is that repubs fuel increased spending with tax cuts.

so democrats take no responsibility for their increased spending they just blame republicans for cutting taxes.

got it.

Doesn't it seem to be the rationale that if everyone is to blame then no one is at fault?

Tax payers don’t care about spending because it goes on the credit card and they get tax cuts.

now you're finally getting it

No one cares about the debt.

And it ain't gonna matter before I'm dead so i don't care either

I get it, it’s the point of the OP . Nobody will care till we increase taxes, cuts are making people care less and less.

presidents have increased taxes and still no one cared.

Reagan passed the single largest peacetime tax hike in history and no one cared that he grew the debt

Clinton raised taxes and no one cared that he raised the debt

Bush #1 raised taxes and no one cared that he increased the debt

how can you keep saying that people will care when taxes are raised when they have shown just the opposite?

Tramp cared,
Trump touts tax law he previously called a disaster - YouTube

Min 120 on

no one else did

Republicans loved Reagan, he cut taxes twice and he raised the lowest bracket.

Remember tramp wanted them to invest in real estate, and he was a Democrat for a long time.

Anything that he felt it was good for him. Now he wants tax cuts, but he didn't back in the 80's.

Reagan passed the largest peace time tax hike in history which basically clawed back all the money from the income tax cuts.

Trump wasn't complaining about the tax cuts he was complaining about the tax increases Reagan signed into law after the first rounds of cuts

No he didn't, he twice cut taxes. Reagan only raised the lowest bracket in 1986.

Tramp was bitching about people playing the market instead of investing in real estate.

Bloomberg - Are you a robot?

The Economic Recovery Act of 1981, also known as the Reagan tax cuts, was the biggest reduction in U.S. taxes of the past 70 years, possibly even the biggest ever. 1 That much is reasonably well-known.



What is less well-known is that these cuts were then followed by a series of tax increases that, if you add them all together, were almost as big as or even bigger than the 1981 cuts, depending on the measure you use.

Taxes: What people forget about Reagan

Ronald Reagan is the patron saint of lower taxes and smaller government. He cut taxes, yes. But he also raised them several times, in part to reduce high deficits and in part to pave the way for true tax reform.

money.cnn.com

So, despite his public opposition to higher taxes, Reagan ended up signing off on several measures intended to raise more revenue.

"Reagan was certainly a tax cutter legislatively, emotionally and ideologically. But for a variety of political reasons, it was hard for him to ignore the cost of his tax cuts," said tax historian Joseph Thorndike.

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime,

Sounds awful!!

What were the rates before Reagan increased them? What were the rates after?

from the same link

The bills didn't raise more revenue by hiking individual income tax rates though. Instead they did it largely through making it tougher to evade taxes, and through "base broadening" -- that is, reducing various federal tax breaks and closing tax loopholes.

For instance, more asset sales became taxable and tax-advantaged contributions and benefits under pension plans were further limited.

"What people forget about Ronald Reagan was that he very much converted to base broadening as a means of reducing deficits and as a means of tax reform," said Eugene Steuerle, an Institute Fellow at the Urban Institute who had helped lay the groundwork for tax reform in 1986 and served as a deputy assistant Treasury secretary during Reagan's second term.

There were other notable tax increases under Reagan.

In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees.

The tax reform of 1986, meanwhile, wasn't designed to increase federal tax revenue. But that didn't mean that no one's taxes went up. Because the reform bill eliminated or reduced many tax breaks and shelters, high-income tax filers who previously paid little ended up with bigger tax bills.

So he's the one that did this, and it hasn't increased in all the years!

Beginning in 1984, includes up to one-half of Social Security benefits as taxable income for taxpayers whose adjusted gross income, combined with half their benefits and any tax-exempt interest they may have exceeds $25,000 for a single taxpayer and $32,000 for married taxpayers filing jointly. Benefits received by married taxpayers filing separately are taxable without regard to other income. Appropriates amounts equal to estimated tax liability to the Social Security trust funds.
Social Security history (ssa.gov)

The rich should pay more, as they get higher amounts in their SS checks.

they get more because they paid in more.

why is it you people want to ignore the truth about Reagan?

He said government is the problem but he oversaw one of the largest government expansions in history.

That he did, off the back of the working class. He was an 80's Potus and he decreased taxes so much, Bush Sr. had to say " Read my lips, no new taxes", and then he had the nerve to raise the lower income bracket.

Reagan lowered taxes so much he had to find other ways to increase revenue and he did that by raising taxes that weren't income taxes.

I know. He cut social programs. Property taxes and sales tax are set by the local governments.

What social programs did he cut?

The President continued, ''We're going to keep on trying to get down to a balanced budget through spending cuts. Then, if that isn't enough and if we're convinced that we have Government down to the level, absolute level, where it cannot go below that and perform Government's functions and services, then it would be a time to look at revenues, but not now.''
REAGAN INSISTS BUDGET CUTS ARE WAY TO REDUCE DEFICIT - The New York Times (nytimes.com)

 

[Penelope]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

Trump's covid 19 spending doesn't count against him as he just happened to preside over the china virus. I wouldn't hold it against a demo president either. His other 3 years were not great, and I've complained about spending for years with all presidents.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.

Don't Blame Obama For Doubling The Federal Debt (forbes.com)

It continued to decrease until Obama’s last year

Bullshit.

Barry's last 3 budgets had increasing deficits.

• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

US Budget Deficit by Year Since 1969

What has the U.S. budget deficit has been every year since 1969? See how much more the government spends than it takes in every year.

www.thoughtco.com

Deficit that ballooned under the republican Presidents.

Throwing out some moronic Dimwinger talking point doesn't change the fact I proved you are a liar.

From your link:

• 2021 - $1 trillion budget deficit (projected)
• 2020 - $1 trillion budget deficit (projected)
• 2019 - $960 billion budget deficit (projected)
• 2018 - $779 billion budget deficit
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

 

[Nostra]

The last time this nation was debt free was in 1835 under Andrew Jackson. Since then both parties have run it up claiming one is worse than the other is like saying it’s better to drown in water that is 475 feet deep instead of water 500 feet deep.

Could it have said it better myself.

But only one party has been cutting taxes and increasing spending.

Nobody is listens to your bullshit,we are all laughing at your pathetic lies.

Republicans love debt. Just put it on the credit card.

Spending originates in the House, Dummy.

Dimwingers have controlled the House 55 out of the last 65 years, Brainfart.

You lose again.

Yes and the giant increases came when repubs were in full control. Irresponsible tax cuts and huge military spending increase. Are you dishonest or really stupid?

Obama doubled the debt in 8 years.

Comments?

Trump's covid 19 spending doesn't count against him as he just happened to preside over the china virus. I wouldn't hold it against a demo president either. His other 3 years were not great, and I've complained about spending for years with all presidents.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.

Don't Blame Obama For Doubling The Federal Debt (forbes.com)

It continued to decrease until Obama’s last year

Bullshit.

Barry's last 3 budgets had increasing deficits.

• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

US Budget Deficit by Year Since 1969

What has the U.S. budget deficit has been every year since 1969? See how much more the government spends than it takes in every year.

www.thoughtco.com

Deficit that ballooned under the republican Presidents.

Throwing out some moronic Dimwinger talking point doesn't change the fact I proved you are a liar.

From your link:

• 2021 - $1 trillion budget deficit (projected)
• 2020 - $1 trillion budget deficit (projected)
• 2019 - $960 billion budget deficit (projected)
• 2018 - $779 billion budget deficit
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit

No need to confirm you lied. I already proved that.

 

[bripat9643]

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.

Too bad PARTISANS never understand that BOTH parties are irresponsible.....because they BOTH are arms of the Establishment.

Let's not forget Trump was a LIFELONG DEMOCRAT who magically became "Republican" in the 11th hour.

If you want to get to the root of Fiscal Irresponsibility....you're going to have to look deeper than either of the two parties.

They are, but only one cuts taxes and increases spending.

And what you will never comprehend, but I've been saying here for ages, is that they PLAY BOTH SIDES.

Good cop / bad cop.

It's a Ruse played by the Establishment to keep you folks at each others throats and NEVER focused on the real problem. The Elites, Ultra Deep Pockets aka The Establishment.

Perhaps they do, but only one side cuts taxes AND increases spending.

Yep....you will never get it.....they know it and laugh all the way to the bank

I'm an independent who doesn't really like either side, so what is it you mean? One side is clearly worse for debt. Just look at the trump disaster. Trillion dollar deficit last year during a strong economy!

Independent my butt

I’m sorry your side is garbage right now. Get policy that works. Dems are bad, repubs are awful.

No one swallows the premise that Trump caused the COVID shutdown.