Suddenly you care about context. How about some real numbers then showing not only was spending relative to GDP high, but total spending was the highest ever at the time, with Democrats holding total control in 2009-2010.
2006 2,655.1
2007 2,728.7
2008 2,982.5
2009 3,517.7
2010 3,457.1
And now with them in charge of the appropriations and taxes, the deficit and spending is creeping back up.
Face it. This idea that Democrats are any better than Republicans on spending is the real myth. Accept it and we can move forward. Do you even care about debt or just as a tool to blast Republicans?
None of the debate in this thread escapes a harsh truth, Trump and Republicans in the 115th Congress decided to hand out a tax break but did not reduce spending and the result was a complete change in deficit direction year on year.
The economy was muddling along and deficits were falling, then Trump happened.
As we now approach the $Trillion mark again (with record treasury auctions along the way) the rhetoric is we have a “great, great economy.” So when things turn south we will be taking a $Trillion deficit into that recession, making the decision that Trump and Republicans in the 115th Congress one of the worst that can be made. If the economy was doing so great Republicans would not need a $Trillion deficit to keep it floating, and we are set up for a fiscal and monetary policy fiasco the moment we see the next correction.
At no time now or in the future can any Trump or Republican supporter call their party “fiscally responsible” given this disastrous choice they made, and it has already shown enough cracks that Trump wants the Fed to make his mistake cost a little less because the numbers look awful.
None of what you get is free and none of what is being proposed by the Left is fathomable much less free.
The problem is, the right wing doesn't believe the Poor are worth equality or equal protection of the law under our form of Capitalism.
If spending is what you are blaming Democrats for increasing, I refer you to graph #2 in post #44. Spending skyrocketed during the Bush Administration and slowed considerably during Obama. The Repubs held the House in both administrations. You really can't legitimately lay added spending at the feet of Democrats.
None of the debate in this thread escapes a harsh truth, Trump and Republicans in the 115th Congress decided to hand out a tax break but did not reduce spending and the result was a complete change in deficit direction year on year.
The federal budget deficit was $1,067 billion for the first 11 months of fiscal year 2019, CBO estimates, $168 billion more than the deficit recorded during the same period last year. Revenues were $102 billion higher and outlays were $271 billion higher than in the same period in fiscal year 2018.
I can ask you the same question, except for Democrats.Answer the question. Do you even care about debt or just as a tool to blast Republicans? I dont even need to point out how Democrats are big spenders. They have that stereotype for a reason. Just look at this years campaign.
Answer the question. Do you even care about debt or just as a tool to blast Republicans? I dont even need to point out how Democrats are big spenders. They have that stereotype for a reason. Just look at this years campaign.
I can ask you the same question, except for Democrats.
I care about debt when it matters to care about debt -- when the country is economically sound. You pounce on Obama for not lowering the debt when the economy was near a depression. Economists tell us that's exactly the right time to run deficits -- and Obama reduced the deficit by 75% as the economy improved.
Now, with 3.x% unemployment, Republicans have forgotten that just a few years earlier they were deficit hawks. Now, during the wrong times, they don't care about massive debt.
Of course the democrats are stereotyped as big spenders. The have afflicted us for generations with Social Security and Medicare. Then came the horror of food stamps and jobs programs designed to help those at the bottom. The GOP has its jobs program priorities straight: weapons. Why through their policies they build weapons systems across 3-4 states so that 6-8 Senators and all those defense workers can benefit. Air Force doesn't want a plane?: take it, we want you to have it.
Aside from the GOP often not wanting to pay for the stuff they promote, (witness deficits) there is little difference between the parties. Democrats tend to use the government to support their constituents republicans do the same. But Reagan spoke of "welfare queens," while never mentioning "weapons kings." Go figure.
Please. One year isn't a trend.The deficit went up in 2016, and was higher than before the recession when Obama left office. Were you here blasting democrats?
Obama's first 3 years were all more than this.
Takes money to fix past issues.
LOL Obama was handed "issues" like a cratering economy yet he left office with a deficit half of what he was saddled with by Bush. Not one Republican President has left office with a deficit lower than when he started. It appears Republicans only know how to grow deficits. This chart proves it.
Like I said..they can't. The reality is that when the "Dems do a better job"..its been when there has been a democratic president.. who was then reigned in by a republican congress. Bill Clinton.. Obama.. are two examples. Both of them would probably have preferred more spending. Obama would have particularly to get out of the recession. Clinton probably would have as well. But both had republican congresses that acted like deficit hawks (though it went away when a republican was in the presidency.).
But at the end of the day.. touting the deficit reduction for Obama.. or for Clinton is not going to win the election for democrats.
Obama's first 3 years were all more than this.
Takes money to fix past issues.
Paying to upgrade the military after Obama for one. Like I said, Takes money to fix problems of the past.
Paying to upgrade the military after Obama for one.
So we couldn't destroy any country in the world at that time of Obama?
Obama was too busy sending billions to our enemies to worry about our military..
?So we couldn't destroy any country in the world at that time of Obama
Please. One year isn't a trend.
https://fred.stlouisfed.org/graph/fredgraph.png?g=oYCi/IMG][/QUOTE]
Cool, well this thread went the same as the last 80 times you posted it. See you next week!
Perhaps Trump's will also by the time he leaves office.
Since the Reagan administration the rich have looted the country while paying lower taxes. The time has come to force them to give back what they have taken from the rest of us. Let's tax the living day lights out of them. If they complain, let's tax them some more.
Except revenue is up.
100bn more revenue
271bn more spending
168bn more deficit
Simple math.
Suddenly you care about context. How about some real numbers then showing not only was spending relative to GDP high, but total spending was the highest ever at the time, with Democrats holding total control in 2009-2010.
2006 2,655.1
2007 2,728.7
2008 2,982.5
2009 3,517.7
2010 3,457.1
And now with them in charge of the appropriations and taxes, the deficit and spending is creeping back up.
Face it. This idea that Democrats are any better than Republicans on spending is the real myth. Accept it and we can move forward. Do you even care about debt or just as a tool to blast Republicans?
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