So exactly what does the debt have to do with private citizens getting richer? your class envy and jealousy is on full display. Still waiting for you to provide data supporting your claim that the deficit was due to the tax cuts
Oh no, they didn't. It's almost like giving tax cuts to rich people doesn't help the economy very much.
What class envy or jealousy? Financing deficit spending while enriching the Richest only makes sense to the right wing.
Where did you get your education? Tax cuts financing debt??? OMG, I really do feel sorry for people like you so indoctrinated and so poorly educated on our basic economy. Waiting for you to prove your point with data, you can't!!
That is the problem, you don't care that liberalism is a failure, that people keeping more of what they earn isn't an expense to the federal gov't. that is your problem and why you have zero credibility. People keeping more of what they earn isn't a giveaway as you have no right to someone else's income or wealth
I have to admit a term that drives me crazy is "people keeping more of what they earned". That statement is only fair if we were running a budget surplus,which we are not. We can all complain that congress spends too much,but that is the reality. Regardless of which party runs congress spending goes up. The areas of spending may be different but the spending goes on.
An analogy I like to use is me going into a great restaurant. have a great,expensive meal and then complain to the server who brings the check. Asking him/her why he wants to take money I earned.
Is that debt clock supposed to excuse you from not posting data supporting the fact that tax cuts have caused the deficit? It doesn't, the link to the U.S. budget doesn't support your claims as you have no understanding of the U.S. budget and its components, mandatory, discretionary, and debt service along with the taxes created to fund those three areas of expense. Let me help you
FIT, CIT, Excise Taxes fund discretionary budget which includes infrastructure and debt service
FICA funds entitlement spending(SS and Medicare)
1.48 trillion of the 4.8 trillion dollar budget is discretionary spending and FIT, CIT, and Excise generated over 2 trillion in revenue to fund that 1.48 trillion in discretionary spending PLUS the 500 billion in debt service. Liberal math apparently is in place as over 2 trillion in revenue to fund 1.9 trillion in spending causes trillion dollar deficits. Not sure exactly what is wrong with you, but you have zero credibility and the debt clock doesn't show context
Tax Cut economics either balances the budget or it doesn't. I don't care for the special pleading of excuses. Anybody could implement Tax Cut economics where the our Debt grows but the Richest get richer. Half an equation is worthless, right wingers.
Is that debt clock supposed to excuse you from not posting data supporting the fact that tax cuts have caused the deficit? It doesn't, the link to the U.S. budget doesn't support your claims as you have no understanding of the U.S. budget and its components, mandatory, discretionary, and debt service along with the taxes created to fund those three areas of expense. Let me help you
FIT, CIT, Excise Taxes fund discretionary budget which includes infrastructure and debt service
FICA funds entitlement spending(SS and Medicare)
1.48 trillion of the 4.8 trillion dollar budget is discretionary spending and FIT, CIT, and Excise generated over 2 trillion in revenue to fund that 1.48 trillion in discretionary spending PLUS the 500 billion in debt service. Liberal math apparently is in place as over 2 trillion in revenue to fund 1.9 trillion in spending causes trillion dollar deficits. Not sure exactly what is wrong with you, but you have zero credibility and the debt clock doesn't show context
Interesting seeing Pelosi and the " do nothing House " have already passed several hundred bills ( some were infrastructure bills ) that are sitting on McConnell's deskThis economy could've been even better if Pelosi was actually a compromiser and negotiated a big infrastructure bill with Trump. She really needs help. Even Boehner and he was a Rino would've negotiated an infrastructure bill by now.
Tax cut economics?? You really have no understanding of the taxes you pay or their purpose, just admit it? Your class envy and jealousy just shows liberal ignorance
Your argument alleging that each federal "budget" line item item has some special (dedicated?) funding source makes no sense. What tax was "created" (and when) to fund interest on the national debt? What tax was "created" (and when) to fund Medicaid? What tax was "created" (and when) to fund the Great Wall Of Trump?
Anybody could implement Tax Cut economics where our Debt grows but the Richest get richer. Half an equation is worthless, right wingers.
So there are no benefits to the tax cuts? Any idea where your state and local governments get their revenue to operate? Wow, you have been indoctrinated well and have no solutions other than raising taxes and allowing the federal bureaucrats to spend your money as of course they can do it better than you for your own personal responsibility issues
No, they are not. With massive budget surpluses, infrastructure would be more consistent and even pro-active. Seawalls for the the general welfare!
You really don't have a clue as to what you are talking about and never answer a direct question, where do the state and local governments get their money? You think that gov't should have massive budget surpluses. You are an indictment against the education system in this country
lol. I definitely don't believe the People should be financing the wealth of the Richest via the Public Debt. Only lousy capitalists lose money on public policies if they don't need to.
How are people financing the wealth of the rich?
You are right, it makes no sense to those who believe in the Unified budget and that SS and Medicare funding could be borrowed to fund individual line items other than their original intent. That is the liberal ideology in a nutshell, all dollars are the same regardless of purpose and federal abuse of SS and Medicare funding is ok and never a problem. You have been indoctrinated well by the left
Nice pretty link, irrelevant but pretty, no context. Do you know what context means? Where is the data that tax cuts are an expense and cause deficits? Explain how the Trump tax cuts have cut revenue since the budget of the U.S. Treasury Dept. doesn't show that
Your ideology "in a nutshell", that $1T annual federal deficits do not matter because you like having lower federal income tax rates and Trump's desire for more federal spending, is even more of a problem.
Government costs; either the Richest pay for it with taxes or it gets financed so the Richest can get tax cut economics to help them increase their wealth.
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