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Meanwhile Congress Spends another 1.5T We Dont Have

I didnt mention a plan, I just challenged your plan to start with cutting defense.

"We can start by cutting our bloated defense budget"
Yes, because we're not a globalist empire. We have plenty enough nuclear deterrence.
 
Yes, because we're not a globalist empire. We have plenty enough nuclear deterrence.

We could cut 100% of defense and we would still have a massive deficit and debt. But I have no problem with cutting defense, its just a dumb place to start when its social spending that causing 90% of the debt. That like cutting netflix spending instead of your $600 a month car payment.

Cut EVERYTHING. Lets go back to before Obama and Congress ended sequestration.
 
Why...it's almost as if they WANT the country to go into a recession.
Can you point to a time where government spending led to a recession?
 
Can you point to a time where government spending led to a recession?
Sure.


Government spending is too high. That crowds out private sector spending. And, inevitably, high government spending triggers a recession.

The chart below shows that we can define the level where government spending becomes too high. It’s 17.5% of gross domestic product (GDP).

That’s the magic number since 1945. Whenever spending exceeds that level, a recession follows. Gray bars mark recessions in the chart.

1647270723352.png

Like most economic indicators, this isn’t a pinpoint timing tool. This is just a warning that the federal government took too much money out of the economy. That forced consumers and businesses to cut back on spending.

At some point, the cutbacks resulted in an economic slowdown.

The result is the cycle we see above. Washington takes more and more money until the economy can’t give anymore.
 
Sure.

Government spending is too high. That crowds out private sector spending. And, inevitably, high government spending triggers a recession.​
The chart below shows that we can define the level where government spending becomes too high. It’s 17.5% of gross domestic product (GDP).​
That’s the magic number since 1945. Whenever spending exceeds that level, a recession follows. Gray bars mark recessions in the chart.​
Like most economic indicators, this isn’t a pinpoint timing tool. This is just a warning that the federal government took too much money out of the economy. That forced consumers and businesses to cut back on spending.​
At some point, the cutbacks resulted in an economic slowdown.​
The result is the cycle we see above. Washington takes more and more money until the economy can’t give anymore.​
None of what you provided shows that government spending leads to a recession. Your linked article is speculation, not evidence.
 
None of what you provided shows that government spending leads to a recession. Your linked article is speculation, not evidence.
That chart is evidence.

Makes me wonder if you really know the definition of evidence.
 
That chart is evidence.

Makes me wonder if you really know the definition of evidence.
That chart is not evidence that government spending leads to a recession.

 
CBOs analysis


1.7 trillion in budget authority

Such winners as

healthy food financing initiative

For the cost of loans and grants that is consistent with section
243 of subtitle D of title II of the Department of Agriculture
Reorganization Act of 1994 (7 U.S.C. 6953), as added by section 4206 of
the Agricultural Act of 2014, for necessary expenses of the Secretary
to support projects that provide access to healthy food in underserved
areas, to create and preserve quality jobs, and to revitalize low-
income communities, $5,000,000, to remain available until expended:
Provided, That such costs of loans, including the cost of modifying
such loans, shall be as defined in section 502 of the Congressional
Budget Act of 1974.

SEC. 704. STUDY AND REPORTS ON BARRIERS TO SURVIVORS' ECONOMIC
SECURITY ACCESS.
(a) Study.--The Secretary of Health and Human Services, in
consultation with the Secretary of Labor, shall conduct a study on the
barriers that survivors of domestic violence, dating violence, sexual
assault, or stalking throughout the United States experience in
maintaining economic security, including the impact of the COVID-19
pandemic on such victims' ability to maintain economic security, as a
result of issues related to domestic violence, dating violence, sexual
assault, or stalking.

(8) $10,000,000 shall be available to support technical
assistance, research, demonstration, or deployment activities or
projects to accelerate the adoption of zero emission buses in
public transit as authorized under section 5312 of title 49, United
States Code;

Just on and on and on. Trillions in random spending.
 
We could cut 100% of defense and we would still have a massive deficit and debt. But I have no problem with cutting defense, its just a dumb place to start when its social spending that causing 90% of the debt. That like cutting netflix spending instead of your $600 a month car payment.

Cut EVERYTHING. Lets go back to before Obama and Congress ended sequestration.
so you want to intentionally cause a recession?
 
And full of pork as usual.


Last night while we're all distracted with Ukraine, congress finally passed appropriations for FY22, which is almost half over. All Dems voted yes, most Republicans voted no in the Senate, yes in the House. It was a big increase over last year and as is now the normal, its in the form of a massive omnibus bill which mainly just copies last year, and add in this years pet causes. CBO says we already have a 500bn deficit this year, so this just adds on more. At a time when they should be cutting, theyre growing.

And it likely wont change if GOP takes over. Maybe a little less, but still more than we can afford, more than is neccesary.

Full summary, not a typo. They amended a Haiti bill to run the omnibus through.

1647381961062.png
 
Expect yet more inflationary pressure heaped on the already existing inflationary pressures.

Political elites can't even manage to budget much less manage a budget.
The political elites no longer represent nor act in the best interests of the nation nor it's electorate.
A Convention of States is most certainly called for.
That's a foolish statement. Congress is doing exactly what Americans want. If they weren't, why would they be reelected?
 
Thats not a 1.5 TRILLION dollar porkulous package...thats 13.5 billion in aid to Ukraine. Dont you CARE about the Ukranians???
 
Why...it's almost as if they WANT the country to go into a recession.
It's clear you don't understand what causes an economy to go into recession. So why pretend?
 
That's a foolish statement. Congress is doing exactly what Americans want. If they weren't, why would they be reelected?
You can believe that all you want, but that won't make it true, except maybe to yourself.

Wednesday, March 9

How else would you explain such a low congressional approval rate? As a reward for doing 'exactly what Americans want'? 🤣
 
What's the re-election rate?
Deplorably high, which is in direct conflict with the congressional approval rate, don't you think?

My guess is that the advantages which incumbency represents prevents both a higher congressional approval rate as well as sufficient turn over for congress to be considered a 'healthy organization', which congress clearly isn't.
 
Tax-and-spend liberals and tax-cut-and-spend conservatives do have one thing in common.

They all love to spend.
How cute, Republicans keeping up the charade they give a fig about the national debt.
 
While the Republicans continue to push for cutting federal revenue!

They don't care about the federal debt as long as they can continue to increase the wealth of their donors and themselves
 
You can believe that all you want, but that won't make it true, except maybe to yourself.

Wednesday, March 9

How else would you explain such a low congressional approval rate? As a reward for doing 'exactly what Americans want'? 🤣
I don't have to believe it, it's true. President Biden only signs what hits his desk. Congress is responsible for the bill. Please refer to the Constitution, Art 1, Sec 7, Cl 1
 
I don't have to believe it, it's true. President Biden only signs what hits his desk. Congress is responsible for the bill. Please refer to the Constitution, Art 1, Sec 7, Cl 1
Nice diversion.
The topic was your assertion:
That's a foolish statement. Congress is doing exactly what Americans want. If they weren't, why would they be reelected?
and the congressional approval poll results which disputes your assertion.
 
At the start of the New Cold War, with Russia, China, and Iran as the new axis of evil?
Doesn't seem to make any sense to do that.
So you think there is a chance that Russia and China will attack us with conventional weapons? Also do you think defense spending is immune from waste and pork?
 
Nice diversion.
The topic was your assertion:

and the congressional approval poll results which disputes your assertion.
You just don't get it do you.

The lowest reelection rate for the House in the last 60 years? 85%. The people approve.
 
You just don't get it do you.

The lowest reelection rate for the House in the last 60 years? 85%. The people approve.
Addressed this in post #42.
 
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