Are The Two Parties Any Different?

[Jeff]

What plans were those?  When grilled on the debt crises, he replied with "I don't care, I wont be here".

Do you have the exact quote in full context? Or are you summarizing?

[neurosis]

Do you have the exact quote in full context? Or are you summarizing?

Sources close to the president say he has repeatedly shrugged it off, implying that he doesn't have to worry about the money owed to America's creditors—currently about $21 trillion—because he won't be around to shoulder the blame when it becomes even more untenable.

This is from another Reason article quoting from someone else.


Just to stay on the Reason kick and since this is on topic (neither party cares about the debt) - Trumps future campaign promises.

https://reason.com/2024/08/28/trumps-proposals-would-add-5-8-trillion-to-the-deficit/

[Jeff]

This is from another Reason article quoting from someone else.


Just to stay on the Reason kick and since this is on topic (neither party cares about the debt) - Trumps future campaign promises.

https://reason.com/2024/08/28/trumps-proposals-would-add-5-8-trillion-to-the-deficit/

ROFL!!!
"Sources say" he said that. Gotcha. So it must be true then.

[neurosis]

But then the chinavirus hit and more spending was done. Hence why the last year he was in office if rose 4 trillion.

When Obama left office the deficit was under 500billion. Part of that I believe was due to the government shut down? I can't remember.  Once Trump took office, the deficit increased every year he was in office until it exploded in the wake of the "china-virus".

His only plan was to reduce taxes and hope that would result in generating more revenue. 

[Jeff]

When Obama left office the deficit was under 500billion.

Are you confusing budget with national debt?

[neurosis]

Are you confusing budget with national debt?

I'm talking specifically about the deficit.

[Jeff]

His only plan was to reduce taxes and hope that would result in generating more revenue. 

That's pretty vague, he was trying to bring back mfg to this country. Reducing taxes on taxpayers, but increasing taxes on imported goods by a large amount. Making it harder to for people to outsource to places like China and Mexico.


At least he doesn't use the U.S. Mint as his own personal savings account like PedoJoe and print money whenever he feels like it.

There's not 1 person in here that can't honestly say that they're better off now than they were when Trump was in office.

[YoDoug]

This is from another Reason article quoting from someone else.


Just to stay on the Reason kick and since this is on topic (neither party cares about the debt) - Trumps future campaign promises.

https://reason.com/2024/08/28/trumps-proposals-would-add-5-8-trillion-to-the-deficit/

Those articles are largely biased hit pieces. When Reagan cut taxes every liberal politician, gov agency, and news outlet claimed it would cause a massive deficit. However, it ended up spurring massive economic growth and in the end tax revenues to the government were way higher than when he got into office. You can nuance any variable in your projected calcs to say exactly what you want. Figures lie and liars figure.

[Smit]

Man, talk about revisionist history!! 

I'll put this right here for you guys to ignore.

U.S. Budget Deficit by President

Excerpt:

Ronald Reagan

President Reagan took office in 1981. He added $1.412 trillion in deficits and almost doubled the debt during his eight years in office.6

Federal Reserve Bank of St. Louis. "Federal Surplus or Deficit."
� He fought the 1982 recession by signing the Economic Recovery Tax Act of 1981. It reduced the highest marginal income tax rate from 70% to 50% and reduced the corporate income tax for small companies with taxable incomes of $50,000 or less.14�

Reagan also increased government spending by 2.5% per year. That included a 35% increase in the defense budget and an expansion of Medicare. 

[Elmer Fudd]

Debt went down during the Reagan years? I dont think so. Trickle down, lol.

[YoDoug]

Man, talk about revisionist history!! 

I'll put this right here for you guys to ignore.

U.S. Budget Deficit by President

Excerpt:

Again your rose colored glasses keep you from the most basic reading comprehension. I said tax revenues, not deficit. I won't deny the deficit increased a ton under Reagan. IMO, He should not have signed the bills congress was sending. My argument was that Neuro's article is largely blaming their projected increase to the deficit on tax cuts. If tax revenue increases then you can't blame it that. I'll put in simple terms for your liberal mind, If inflation is up and you are spending more money to live, but your income is also up, is the problem your income, or inflation? You can spin that either way which is what you continually fall for from your biased liberal sources.

[Jim at Gentex]

Man, talk about revisionist history!! 

I'll put this right here for you guys to ignore.

U.S. Budget Deficit by President

Excerpt:

You conveniently skipped over this part...

President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion over his eight years in office. That's a 58% increase from President George W. Bush's last budget.

[neurosis]

Those articles are largely biased hit pieces.

You do realize that Reason is a libertarian media outlet?  Their complaint isn't about tax reduction. It's about the combination of tax reduction without reduced spending.

I figured that you of all people would be on board with their complaints.   

[neurosis]

At least he doesn't use the U.S. Mint as his own personal savings account like PedoJoe and print money whenever he feels like it.

But he did.  If you look at tax revenue, it did, if memory serves me, increase for at least a short period of time. The problem was that spending also increased.

[neurosis]

There's not 1 person in here that can't honestly say that they're better off now than they were when Trump was in office.

Oh hell no.  haha.  I'm not making that claim at all. 

There is a lot of nuance to that conversation that would get ignored in here so it's not worth the discussion.  But I'd have to agree. I was definitely better off Trumps first three years in office.