Originally Posted by full of luv
(Post 3035846)
Who would've thought in 2016 that we'd elect a "Republican" president, house for two years, and Senate for the next 4 yrs and, despite would could be described as one of the best economic times in the previous 50 yrs, would STILL be running a deficit of over $1Trillion PER YEAR!
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Originally Posted by Bluedriver
(Post 3036396)
Literally ANYONE who was paying attention.
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Originally Posted by Bluedriver
(Post 3036396)
Literally ANYONE who was paying attention.
Like I said earlier, at this time, we have NO PARTY that has any fiscal discipline. Republicans were walking towards the fiscal abyss, Dems want to just go ahead and jump in. |
Originally Posted by full of luv
(Post 3036459)
It was a rhetorical question..... the tea party was a fiscal uprising based awareness and it was notable how in the end the tea party was vilified by the mainstream press and elites on all sides.
Like I said earlier, ***at this time***, we have NO PARTY that has any fiscal discipline. Republicans were walking towards the fiscal abyss, Dems want to just go ahead and jump in. In your 2nd paragraph, you say "at this time". Is it your position that Republican control at the federal level normally result in debt reduction during their tenure? |
Originally Posted by Bluedriver
(Post 3036461)
Your 1st paragraph says nothing.
In your 2nd paragraph, you say "at this time". Is it your position that Republican control at the federal level normally result in debt reduction during their tenure? No actually, the last time this country espoused true fiscal responsibility to any extent was during Clinton's term. It took Newt Gingrich and the contract with America along with a Republican Senate to push forward fiscal responsibility. Because we had a Demo President, the press more or less went along with it, yes there were the usual charges that grandmas and kids would die, but in the end the country ran surplusses to the point where people were wondering if having a debt free US govt was actually a good thing since the FED RESERVE would have less power over the economy without interest rate leverage. BTW that was 25yrs ago, 1994. Now the people in the US have been so conditioned by the mass media that it's somehow the FEDs job to take care of them, from feeding them, housing them, providing healthcare for them, protecting them from natural disasters, etc. None of that was ever designed to be the purview of the FED govt, yet if Johnny is hungry it's "whats the President doing about that?" This is a natural outcropping of the fact that the states have to pay for stuff as they go, the FEDs are allowed to run endless (well until the music stops oneday) defecits so no wonder it's the only real scapegoat. It's like when someone hits your car in the parking lot, but you sue WALMART for negligence in having faded lot lines.....it's not really the person responsible, just the deepest pockets. |
Originally Posted by full of luv
(Post 3036747)
The tea party was a false start, with grassroots support installed some who were interested, but alas they went to DC and were institutionalized.
No actually, the last time this country espoused true fiscal responsibility to any extent was during Clinton's term. It took Newt Gingrich and the contract with America along with a Republican Senate to push forward fiscal responsibility. Because we had a Demo President, the press more or less went along with it, yes there were the usual charges that grandmas and kids would die, but in the end the country ran surplusses to the point where people were wondering if having a debt free US govt was actually a good thing since the FED RESERVE would have less power over the economy without interest rate leverage. BTW that was 25yrs ago, 1994. Now the people in the US have been so conditioned by the mass media that it's somehow the FEDs job to take care of them, from feeding them, housing them, providing healthcare for them, protecting them from natural disasters, etc. None of that was ever designed to be the purview of the FED govt, yet if Johnny is hungry it's "whats the President doing about that?" This is a natural outcropping of the fact that the states have to pay for stuff as they go, the FEDs are allowed to run endless (well until the music stops oneday) defecits so no wonder it's the only real scapegoat. It's like when someone hits your car in the parking lot, but you sue WALMART for negligence in having faded lot lines.....it's not really the person responsible, just the deepest pockets. So then I'm not sure why you said: "Originally Posted by full of luv Who would've thought in 2016 that we'd elect a "Republican" president, house for two years, and Senate for the next 4 yrs and, despite would could be described as one of the best economic times in the previous 50 yrs, would STILL be running a deficit of over $1Trillion PER YEAR!". But, to answer your question, *I* would have thought. |
Originally Posted by Bluedriver
(Post 3036756)
Ah, so it happened that one time with a D President and an R Senate.
So then I'm not sure why you said: "Originally Posted by full of luv Who would've thought in 2016 that we'd elect a "Republican" president, house for two years, and Senate for the next 4 yrs and, despite would could be described as one of the best economic times in the previous 50 yrs, would STILL be running a deficit of over $1Trillion PER YEAR!". But, to answer your question, *I* would have thought. Last time that happened in 2008 we almost nationalized 17% of our economy to help a few million more people get health insurance/care. That ushered in the Tea Party in quick fashion. What's funny is that for a long time the R's seemed to focus more on the power that mattered on peoples daily lives at the state and legislative govt. The D's seem innately focused on the President, giving that position in govt waaaayyyyy too much deference, power, and sway. US Govt has gotten so large now, that party is almost irrelevant as the bureaucratic forces in DC are an industry amongst themselves. There really isn't that much "public service" anymore in working in govt, it's really about making it a career. The legislature writes the laws that the executive branch is to enforce (nothing more, nothing less). Over the last few decades we've allowed the legislative branch to hand over law making functions in the guise of rules/regulations/procedures to unelected, unanswerable (to the normal citizen), DC bureaucrats. Activist judges who make up whole cloth rules/laws. In case you missed it, Senator Ben Sasse gave a great explanation of it during a speech in the Kavenaugh hearings. https://www.sasse.senate.gov/public/...tter-than-this Like I said above, no party is willing to be fiscally responsible anymore. We used to have a ying and yang of spending/taxing, now we just have yang yang yang..... |
Originally Posted by full of luv
(Post 3036747)
Now the people in the US have been so conditioned by the mass media that it's somehow the FEDs job to take care of them, from feeding them, housing them, providing healthcare for them, protecting them from natural disasters, etc.
This is from the continuum. https://qmap.pub/read/3951 Excellent documentary discussing how the fake news does the thinking for the average American. Critical thought is the antidote. Lots going to happen soon... just remember what the "news" tried to feed to you the whole time. |
No one wants to face the tough answers. We are facing an issue that is entirely hyped up. The numbers are showing that this virus is in no way as lethal as first shown. And our politicians are trying to just throw money at it to solve the problem now. The Dems hate Trump so much they are wiling to sacrifice millions of jobs. Trump wants to win so bad he is throwing trillions at this issue. Sadly, what needs to happen is for the government to stop sending money out. People for once might actually have to suffer and have inconveniences in their lives. There is a long term consequence for just throwing trillions at this. Trump will be gone in probably 4 years but the American public is going to face a huge debt. Inflation is going to hit and the economy is going to dump. I feel for my kids who are just starting their lives. Its not going to be great.
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Originally Posted by Stan446
(Post 3037161)
There is a long term consequence for just throwing trillions at this..
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