Do liberals care about the debt and deficit?

Discussion in 'Political Opinions & Beliefs' started by FatBack, Jun 1, 2023.

  1. garyd

    garyd Well-Known Member

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    Nn f
    And yet when push comes to shove everything else is of secondary importance and their stand on social issues can be summed up as speak conservatively but don't vote that way. In politics complexity equals camouflage.
     
    Last edited: Jun 5, 2023
  2. garyd

    garyd Well-Known Member

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    You could take your advice...
     
  3. Vernan89188

    Vernan89188 Well-Known Member

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    I see debt as the beginning of the economic cycle. Not a bad thing, as it motivates one to work.
     
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    How does.ajything I suggested tranalate into "on the backs of the poor". Perhaps you want to keep them poor my plan gets them out of poverty and into the workforce and into taxPAYERS not a government expense. Were you telling Biden 5 months ago to compromise? How about Biden doing like Clinton did in 1995 when he "triangulated", ie caved to Gingrich and Kasich and Republican fiscal, tax and welfare policies?
     
  5. Sandy Shanks

    Sandy Shanks Banned

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    Do liberals care about the debt and deficit?

    Do Republican care about debt and deficit?

    During the Trump administration, the Republicans agreed to raise the debt limit three times, and, without a war, Trump managed to increase the National Debt by $7.8 trillion.
     
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  6. Darthcervantes

    Darthcervantes Well-Known Member Past Donor

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    Why would they care when they can have hard working blue collar workers PAYING off their college loans. There's another word for this kind of leaching. its called PARASITE and PARASITES do not care about debt because hard working blue collar republicans are paying their way.
    DISGUSTING!!!!!!!
     
  7. StillBlue

    StillBlue Well-Known Member

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    I don't disagree that spending less will lower the deficit, I have said before that a good start would be the removal of pork. It would also help get them out of a spend to get ellected mentality. Just imagine the wildfire if congressmen get reelected for spending less?
    However, until they do that, they need to tax the money not empty pockets. Borrowing money from the rich rather than taxing the rich does zilch for the economy but makes the rich happy knowing they are owed money that was before spent on taxes.
     
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  8. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    The way I understand it, they believe they can run up the credit card and eventually rich people will have to pay for it.

    It's the same mentality as an immature teenage girl given a credit card by her father.
     
  9. StillBlue

    StillBlue Well-Known Member

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    More fun. Clinton, when he presented his budgets to the Republican Houses he faced his spending would have resulted in even higher debt reduction had not the Republicans added their spending on to it. I'm not quite sure how "we added spending onto the President's budget" gets turned into "thanks to us the budget was balanced"?
     
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  10. Zorro

    Zorro Well-Known Member

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    Yeah, Right:

    [​IMG]
     
  11. Darthcervantes

    Darthcervantes Well-Known Member Past Donor

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    It appears they don't care about it but I think they know something we don't. It has to do with a secret plant.
    [​IMG]
     
    Last edited: Jun 25, 2023
  12. Zorro

    Zorro Well-Known Member

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    Leftists generally want revolution, they imagine that they would come to power in the aftermath, if debt and deficit are an existential threat to American Society, then no, they don't care. Be careful about getting into a game of chicken with someone who doesn't mind a crash, or even desires a crash.

    WHY PAY FOR OFFICES BUREAUCRATS REFUSE TO USE? 'That’s the question being posed by Sen. Joni Ernst (R-Iowa) in her continuing effort to force some simple, basic common sense on the people responsible for the day-to-day operations of the federal bureaucracy. Since 75 percent of the Washington, D.C. region feds are still mostly working from home more than a year after the COVID-19 Pandemic ended, Ernst says there’s no reason to keep paying billions of tax dollars for leases, maintenance and related costs with maintaining empty or nearly empty office space.'

    We need to realize that we are not going to come to a common understanding with folks who want to destroy our society. So, we move forward where we can. If these folks aren't reporting to work, we need to auction off these offices. And when they want to return to work, we find new offices in areas with Small Town juries that will actually hold these crooks to account for their crimes.

    Jim Jordan wants to move the FBI headquarters to Alabama. Great idea. The reason we couldn't convict any of the crooks who engaged in a seditious conspiracy to undo the results of the 2016 election is because they would be heard by a DC jury.

    Closing these offices will reduce expenses putting downward pressure on the deficit, and reopening them in areas with a Small Town Jury pool will put downward pressure on corruption.
     
  13. robini123

    robini123 Well-Known Member

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    Seems to me that the Republicans and Democrats care nothing about debt as it has risen under both. Frustratingly my old man who is a conservative to this day thinks the Republicans champion fiscal conservatism… thus as object example of how political loyalty blinds. Believe that which is beneficial to the tribe while reality can go **** itself.
     
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  14. FreshAir

    FreshAir Well-Known Member Past Donor

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    does either party?

    [​IMG]
     
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  15. dairyair

    dairyair Well-Known Member

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    trump also showed republicans still spend more. And reduce revenue as well.

    Borrow and spend republicans.
     
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  16. garyd

    garyd Well-Known Member

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    Until covid revenue went up under Trump
     
  17. Chickpea

    Chickpea Well-Known Member

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    The US gov't will always meet its monetary obligations. But it may pay you back in what is essentially toilet paper. Weimar. Zimbabwe. Object lessons.
     
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  18. dairyair

    dairyair Well-Known Member

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    What source confirms that?
    And if it went up, did spending, ie deficits drop?
     
    Last edited: Aug 31, 2023
  19. Cybred

    Cybred Well-Known Member

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    Uhh yep dems are more fiscally responsible, clinton balanced the budget.
     
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  20. nopartisanbull

    nopartisanbull Well-Known Member

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    OMB Historical Tables

    Revenue as a percentage of GDP

    2017……17.2%
    2018……16.4%
    2019……16.4%
    2020……16.2%

    Note; At 16.4%, Trumpers were claiming; “We don’t have a revenue problem”

    FACT; As a percentage of GDP, FY1997 budget was nearly balanced with revenue at 18.7%.

    FACT; Gingrich & Co. wouldn’t have balanced the budget with revenue at 16.4% of GDP.
     
    Last edited: Aug 31, 2023
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  21. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Only when they are not in power.

    When they are in power.......? Lets hear from Rand Paul, one of the few surviving conservatives in GOP. He was given 10 hours to read 700 page GOP spending bill which increased spending by 20%. We need people like him to run for WH.

    "When Republicans Are In Power, There Is No Conservative Party in US.

    The hypocrisy hangs in the air and chokes anyone with a sense of decency or intellectual honesty.

    The right cries out, 'Our military is hollowed out!' Even though military spending more than doubled since 2001.

    The dirty little secret is that, by and large, both parties don't care about the debt.

    The spending bill is 700 pages, and there will be no amendments." - Senator Rand Paul
     
  22. garyd

    garyd Well-Known Member

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    Clinton had no choice And without Gingrich Clinton and the Democrats and Neocons wouldn't have balanced the budget if they'd had a 23% revenue,
     
  23. dairyair

    dairyair Well-Known Member

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    Thx.
    I figured as much.

    And I don't expect the poster that I asked the question to will respond.
    As most that make those claims only know what they hear on tv. Propaganda.

    As can be seen, that poster has been back to this thread and ignored the request for data.
    Because, I suppose, he/she/it, knows it was BS.
     
    Last edited: Aug 31, 2023
  24. yardmeat

    yardmeat Well-Known Member

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    Not much. But the GOP cares even less.
     
  25. dairyair

    dairyair Well-Known Member

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    Donald Trump
    At the end of fiscal year 2020, the debt was $26.9 trillion. Trump added $6.7 trillion to the debt between fiscal year 2017 and fiscal year 2020, a 33.1% increase, largely due to the effects of the coronavirus pandemic and 2020 recession.


    In his FY 2021 budget, Trump's budget included a $966 billion deficit.14 However, the national debt actually grew by $1.5 trillion between October 1, 2020, and October 1, 2021.


    • FY 2021: $1.5 trillion
    • FY 2020: $4.2 trillion
    • FY 2019: $1.2 trillion
    • FY 2018: $1.3 trillion

    Barack Obama
    President Obama added about $8.6 trillion, about a 74% increase, to the national debt at the end of President Bush’s last budget in 2009.


    • FY 2017: $671 billion
    • FY 2016: $1.42 trillion
    • FY 2015: $326 billion
    • FY 2014: $1.09 trillion
    • FY 2013: $672 billion
    • FY 2012: $1.28 trillion
    • FY 2011: $1.23 trillion
    • FY 2010: $1.65 trillion
    • FY 2009: $253 billion (Congress passed the Economic Stimulus Act, which spent $253 billion)15
    https://www.thebalancemoney.com/us-debt-by-president-by-dollar-and-percent-3306296

    ...
    For those actually interested in data and not just politics.
     

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