Chuck D

Er... google presidential proclamation 9993... we banned just about all of Europe early on also with a few exception and IIRC it's still in effect. Though why is beyond me. Seems it would be a good time to end it as a first step. Oh yeah it would also be helpful for furlough numbers I'm sure. So I guess we "could" fly a full schedule and I'm sure the bean counters would be thrilled with all the revenue.

NotMrNiceGuy

As a percentage of GDP, each president finished his term with the following:

Bush - 62%
Clinton - 55%
Bush - 65%
Obama - 105%
Trump - 110% (At Present)

From the previous administration, these are the deltas:

Clinton - -12%
Bush - +18%
Obama - +61%
Trump - +5%

For you to say that all the presidents after Clinton “added to this” shows an incredible lack of nuance. Honestly, it strikes me at a minimum as a false equivalency and at worst a bad faith argument.

FXLAX

Are you implying there are no restrictions mandated by any US government entity? I’ve never once referred to any non-government entity so that is just another straw man argument you are trying to make. Until any and all US government restrictions are lifted (which artificially distorts free commerce), the government is obligated to adequately compensate its citizens. After that, private businesses and citizens are free to impose any rules on themselves as they see fit.

FXLAX

I’ve looked at the national debt for the last thirty years and I see nothing but increasing debt every year. There was a gimmick used to show clinton balanced the budget. Budgets proposed by presidents are projected out to ten years. Clinton proposed a budget that was projected to be balanced after ten years. So they were saying that he balanced the budget. This was all before the fake news media was shown to be what they really are, water carrying shills for Democrats. Sorry, had to point out the truth.

Don’t believe me? Just look up the national debt. Look to see if it has EVER gone down in ANY year. It hasn’t. Each year, the number has increased. Mathematically, that can only happen if there was a deficit that year.

As for the Bush tax cuts in 2001, yes, tax revenue went down by about $240B by 2003. But by the end of his presidency in 2008, it was up over $500B more than Clinton’s last year. Keep in mind there were two recessions during his presidency, at the beginning in early 2001 and at the end in late 2008. So tax cuts did work in increasing revenue despite those recessions. We have a pure spending problem, not a tax revenue problem.

TFAYD

good luck with that expectation.

FXLAX

I don’t expect it. Just stating what I think should happen under the takings clause of the constitution. Unfortunately, our government doesn’t really follow the constitution much anymore.

JoePatroni

It wasn't a "gimmick," it's how it was always done in the past also. It would have been a surplus regardless of how it was calculated.

https://www.factcheck.org/2008/02/th...under-clinton/

FXLAX

Projecting a budget surplus ten years in the future and calling it balancing the budget that is at a deficit for the current year is a gimmick. If you look up the national debt for the past 30 years, you’ll see it has gone up every year. So unless Clinton pocketed the surplus and then some, he never balanced the budget. Not that the president ever does anything about the budget other than to propose one that gets thrown in the trash for one congress writes. President only gets credit/blame because they simply sign the end product into law. It’s all a gimmick these political elites use.


https://www.treasurydirect.gov/govt/...ebt_histo4.htm

JoePatroni

You understand the difference between "debt" and "deficit" right? Is it a "gimmick" if it is used EVERY time?

FXLAX

Yes, I understand the difference. And yes, it’s a gimmick if used every year. Although only Clinton has been espoused to have balanced the budget by the media. I’ve never heard of anyone else since then given credit for using that gimmick to “balance” the budget...ten years later.

I went back and edited my previous post to add the treasury department website showing how the debt has gone up every year. Again, mathematically, that can only happen if there is a deficit each year.