Republicans are mostly to blame for our debt

[Dragonlady]

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?

I said mostly. People won’t care about debt and spending till taxes increase. Repubs happily increase spending and decrease taxes. It’s not partisan, just a fact.

Repubs happily increase spending and decrease taxes.

as do dems

It’s not partisan, just a fact.

Dems don't cut taxes and increase spending. Dems are the party of "tax and spend", so that they're paying for their programs without increasing the deficit. Notice how Dems tax BEFORE they spend. Republicans "cut and spend" leading ballooning deficits. They announce programs and run wars without ever creating a tax to pay for any of it.

Even Reagan, in the early stages of Alzheimers, realized that "trickle down" doesn't work, and cutting taxes was a disaster that increased poverty and unemployment. He didn't raise income tax rates, he just cancelled a whole lot of deductions to increase revenues.

Republicans have been selling this notion that tax cuts create jobs, and that they pay for themselves because of the increased revenue from the jobs created. Both ideas have been debunked numerous times, but Republicans continue to do this over and over, resulting in three massive economic crashes in 40 years.

The 2015 deficit was just over $400 billion, and growth in jobs, income, and GDP were steady. Stock market gains were spectacular during the Obama Administration - with the stock market tripling during his 8 years in office.

Instead of reducing spending and eliminating the deficit, Trump went on a spending spree, and instead of cutting spending in a boom, Trump applied the massive economic stimilus of tax cuts and deficit spending, to an already growing economy. Since corporations and billionaires were already awash in cash, the tax cuts didn't have the stimulus expected and job growth declined, because the promised $4000 raise for workers from the tax cuts, failed to materialize. Instead, the corporations funded buyouts of minority shareholders, increasing share value, and further concentrating wealth at the top.

Now you have a sitution where you NEED to stimulate the economy, and there is no money in the budget to do that. Large corporations have increased their value by trillions of dollars in the pandemic, but the people are sick, hungry and increasingly desperate. It's government FOR THE PEOPLE, not the corporations, nor the wealthy. All of the people.

 

[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?

I said mostly. People won’t care about debt and spending till taxes increase. Repubs happily increase spending and decrease taxes. It’s not partisan, just a fact.

Repubs happily increase spending and decrease taxes.

as do dems

It’s not partisan, just a fact.

Dems don't cut taxes and increase spending. Dems are the party of "tax and spend", so that they're paying for their programs without increasing the deficit. Notice how Dems tax BEFORE they spend. Republicans "cut and spend" leading ballooning deficits. They announce programs and run wars without ever creating a tax to pay for any of it.

Even Reagan, in the early stages of Alzheimers, realized that "trickle down" doesn't work, and cutting taxes was a disaster that increased poverty and unemployment. He didn't raise income tax rates, he just cancelled a whole lot of deductions to increase revenues.

Republicans have been selling this notion that tax cuts create jobs, and that they pay for themselves because of the increased revenue from the jobs created. Both ideas have been debunked numerous times, but Republicans continue to do this over and over, resulting in three massive economic crashes in 40 years.

The 2015 deficit was just over $400 billion, and growth in jobs, income, and GDP were steady. Stock market gains were spectacular during the Obama Administration - with the stock market tripling during his 8 years in office.

Instead of reducing spending and eliminating the deficit, Trump went on a spending spree, and instead of cutting spending in a boom, Trump applied the massive economic stimilus of tax cuts and deficit spending, to an already growing economy. Since corporations and billionaires were already awash in cash, the tax cuts didn't have the stimulus expected and job growth declined, because the promised $4000 raise for workers from the tax cuts, failed to materialize. Instead, the corporations funded buyouts of minority shareholders, increasing share value, and further concentrating wealth at the top.

Now you have a sitution where you NEED to stimulate the economy, and there is no money in the budget to do that. Large corporations have increased their value by trillions of dollars in the pandemic, but the people are sick, hungry and increasingly desperate. It's government FOR THE PEOPLE, not the corporations, nor the wealthy. All of the people.

Even Reagan, in the early stages of Alzheimers, realized that "trickle down" doesn't work, and cutting taxes was a disaster that increased poverty and unemployment.

Sounds awful!!!

Explain how that works.

How does cutting taxes increase poverty and unemployment? Be specific.

 

[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.

It’s always good for a laugh when Dims pretend concern about fiscal responsibility. Yet, on the political hypocrisy measure, they only just lead the GOPers by a hair.

At least we stand for things apart from a huge tax cuts for the wealthy.

 

[JWBooth]

It’s always good for a laugh when Dims pretend concern about fiscal responsibility. Yet, on the political hypocrisy measure, they only just lead the GOPers by a hair.

At least we stand for things apart from a huge tax cuts for the wealthy.

Bullshit

 

[Penelope]

It’s always good for a laugh when Dims pretend concern about fiscal responsibility. Yet, on the political hypocrisy measure, they only just lead the GOPers by a hair.

At least we stand for things apart from a huge tax cuts for the wealthy.

Bullshit
View attachment 434356

At least you realize that's funny calling it BS!!

 

[Dragonlady]

The only way to stop Congress from spending is the same way you stop your wife from spending.

Cancel the credit cards

This means that the only legal way to stop them is for the states to rise up and amend the Constitution to impose some sort of spending restrictions, otherwise, Congress will continue to raise the debt exponentially. But this has never been done before, and with the corrupt nature of politics in general in the US today, the likelihood of this every happening is next to zero, probably even less than zero.

So what will happen is what happened with the credit crisis. Before the credit crisis, everyone was happy. The mortgage companies had record mortgages even though many should not have qualified for a mortgage but forced to give mortgages, thanks to government policies in place, people were happy as record numbers had homes for the first time, Wall Street was happy because they somehow used these bad mortgages as disguised investments people bought, so complicated Warren Buffet could not even understand it all, and politicians were happy as they bragged at how they had accomplished so much with their new policies on forcing mortgage companies to give mortgages to bad risk clients...……………...until...………………...the bubble burst

When the bubble bursts next time on all this bad debt, it won't go so well.

It wasn't the "wife" who did the spending in my house. I didn't take away his credit cards, I dumped him, and took his name off the bank account. He still has his credit cards, but he doesn't have my income to finance his fiscal insanity.

You need to dump the Republicans, and go with the more fiscally responsible Democrats. 3 crashes in 40 years is unconscionable, and speaks to a level of fiscal incompetence never seen in world history. That neither Trump nor the Republican Party presented any plans for how to get you out of this mess is telling indeed. The party had no platform and no plans in the last election.

Biden not only has a plan, he has experience in cleaning up the fiscal mess after the 2008 crash.

 

[Toddsterpatriot]

3 crashes in 40 years is unconscionable

Three crashes since 1980?

Tell me more!!!

 

[Brain357]

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.

Obama made bush Jr tax cuts permanent, good golly your just a propaganda tool

Yes Bush made it easy for him. Bush did the cut.

 

[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.

 

[Brain357]

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.

 

[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.

 

[Votto]

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.

Obama made bush Jr tax cuts permanent, good golly your just a propaganda tool

Yes Bush made it easy for him. Bush did the cut.

So did Barry

 

[Brain357]

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.

Obama made bush Jr tax cuts permanent, good golly your just a propaganda tool

Yes Bush made it easy for him. Bush did the cut.

So did Barry

Obama didn’t cut taxes, he let the Bush tax cuts continue. The Bush failure helped him be irresponsible.

 

[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.

Did Republicans create Social Security, Medicare and Medicaid? Those account for about 2/3 ds of Federal Spending. So how are Republicans responsible?

 

[Votto]

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.

Obama made bush Jr tax cuts permanent, good golly your just a propaganda tool

Yes Bush made it easy for him. Bush did the cut.

So did Barry

Obama didn’t cut taxes, he let the Bush tax cuts continue. The Bush failure helped him be irresponsible.

So continuing the tax cuts is not the same as starting them?

LMAO!!

Well even Obama realized that during an economic crisis you need to lower taxes, not raise them

When will Biden get the memo?

 

[bripat9643]

They're not to be taken seriously.

aww Macs growing up.
Maybe one day he will realize the other party does the same exact thing, and then he can be truly "woke"

When have dems pushed tax cuts and spending increases?

Dims are always pushing spending increases, moron. How much is the Green New Deal supposed to cost?

 

[Brain357]

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.

Did Republicans create Social Security, Medicare and Medicaid? Those account for about 2/3 ds of Federal Spending. So how are Republicans responsible?

And if they are too expensive tax payers wouldn’t know because republicans keep decreasing taxes.

 

[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.

Poor Obama, couldn't raise taxes. Bush's fault.

 

[Brain357]

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.

Obama made bush Jr tax cuts permanent, good golly your just a propaganda tool

Yes Bush made it easy for him. Bush did the cut.

So did Barry

Obama didn’t cut taxes, he let the Bush tax cuts continue. The Bush failure helped him be irresponsible.

So continuing the tax cuts is not the same as starting them?

LMAO!!

Well even Obama realized that during an economic crisis you need to lower taxes, not raise them

When will Biden get the memo?

No it isn’t. It was easy to continue them. Obama inherited a mess.

 

[Votto]

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.

Obama made bush Jr tax cuts permanent, good golly your just a propaganda tool

Yes Bush made it easy for him. Bush did the cut.

So did Barry

Obama didn’t cut taxes, he let the Bush tax cuts continue. The Bush failure helped him be irresponsible.

So continuing the tax cuts is not the same as starting them?

LMAO!!

Well even Obama realized that during an economic crisis you need to lower taxes, not raise them

When will Biden get the memo?

No it isn’t. It was easy to continue them. Obama inherited a mess.

You're hilarious!