Amateur Hour Continues

#3,027
#3,027
hog88 said:
Correction, Newt forced Clinton into a balanced budget.

And 1993 — the year of the giant Clinton tax hike — was not the turning point in the deficit wars, either. In fact, in 1995, two years after that tax hike, the budget baseline submitted by the president’s own Office of Management and Budget and the nonpartisan Congressional Budget Office predicted $200 billion deficits for as far as the eye could see. The figure shows the Clinton deficit baseline. What changed this bleak outlook? Newt Gingrich and company — for all their faults — have received virtually no credit for balancing the budget. Yet today’s surplus is, in part, a byproduct of the GOP’s single-minded crusade to end 30 years of red ink. Arguably, Gingrich’s finest hour as Speaker came in March 1995 when he rallied the entire Republican House caucus behind the idea of eliminating the deficit within seven years.
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It wasn't a balanced budget under Clinton. He rolled SS $$$ into the general budget.
 
#3,028
#3,028
McDad said:
You're mentally challenged or a partisan shill if you think only one party is borrow and spend. This isnt even debatable. The spending growth is easily found in google. Every administration has spent more than they their revenues...which requires borrowing.
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What did you mean when you said you only see borrow and spend independent of tax policies? does the tax policies determine how much we borrow and/or how much we spend?
McDad said:
I've only seen borrow and spend independent of tax politics.
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Your either a complete moron or a partisan hack since you want to get all snippy. Another thing did I ever state that only one party does it? Hell F no I didn't. Take your strawman elsewhere.

If you want to start acting like an idiot, I'm going to start treating you like one.
 
#3,029
#3,029
Mick said:
What did you mean when you said you only see borrow and spend independent of tax policies? does the tax policies determine how much we borrow and/or how much we spend?

Your either a complete moron or a partisan hack since you want to get all snippy. Another thing did I ever state that only one party does it? Hell F no I didn't. Take your strawman elsewhere.
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Tax politics. Not tax policies. A tax policy would be something along the lines of 'create highest revenue with least disruption to the engine which allows for revenue in a manner which is equally shared'. We dont have tax policy from any party. What we have is tax politics. Hope this helps because the rest of your post was a hot mess of incoherence.
 
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#3,030
#3,030
McDad said:
Tax politics. Not tax policies. A tax policy would be something along the lines of 'create highest revenue with least disruption to the engine which allows for revenue in a manner which is equally shared'. We dont have tax policy from any party. What we have is tax politics. Hope this helps because the rest of your post was a hot mess of incoherence.
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My mistake then. You don't usuall start hurling insults based on a strawman but you did nontheless. I was mearly pointing out that the more tax collected the less you have to deficit spend. That is based on the basic principle of tax and spend. It seems that there is one party that is more fisically conservative than the other. Take a guess which one that is.
 
#3,031
#3,031
hog88 said:
No it doesn't. Come on Luther be specific and answer the question. Man up and back up your shizz talk.
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Yes it does. That's one of many examples. If you don't see this one for what it obviously is, why should I think you would see any of the others for what they obviously are?
 
#3,036
#3,036
luthervol said:
Yes it does. That's one of many examples. If you don't see this one for what it obviously is, why should I think you would see any of the others for what they obviously are?
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No Luther it doesn't. You jumped in on another post that listed some specific actions and I asked out of those which ones weren't done by his predecessor. You still refuse to answer.
 
#3,038
#3,038
hog88 said:
No Luther it doesn't. You jumped in on another post that listed some specific actions and I asked out of those which ones weren't done by his predecessor. You still refuse to answer.
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The fact that you do not like my answer in no way means I refused to answer. That's a nice ploy however.
 
#3,039
#3,039
Mick said:
My mistake then. You don't usuall start hurling insults based on a strawman but you did nontheless. I was mearly pointing out that the more tax collected the less you have to deficit spend. That is based on the basic principle of tax and spend. It seems that there is one party that is more fisically conservative than the other. Take a guess which one that is.
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Tax rate doesn't necessarily correspond to total tax revenue received. If tax rates create business/jobs, which increases income and spending, then tax revenue goes up as tax rates go down.
 
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#3,040
#3,040
Orange_Crush said:
Tax rate doesn't necessarily correspond to total tax revenue received. If tax rates create business/jobs, which increases income and spending, then tax revenue goes up as tax rates go down.
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Tell me all about Trickle down economics and the success it has had at increasing tax revenue at lower tax rates.
 
#3,042
#3,042
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#3,043
#3,043
Mick said:
Tell me all about Trickle down economics and the success it has had at increasing tax revenue at lower tax rates.
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No. I don't think I will. I don't whole heatedly believe in trickle down economics, since the $$$ that trickles down has been devalued by inflation by the time to gets to the poor, and the elites make FAR and away more on it than the average Joe. But I also won't describe it here as it has nothing to do with what I wrote about tax rate not being directly tied to the amount of taxes the collected.

Are you feeling OK. Your response had nothing to do with my post.
 
#3,045
#3,045
Mick said:
My mistake then. You don't usuall start hurling insults based on a strawman but you did nontheless. I was mearly pointing out that the more tax collected the less you have to deficit spend. That is based on the basic principle of tax and spend. It seems that there is one party that is more fisically conservative than the other. Take a guess which one that is.
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It was not my intent to hurl insults at you. The "mentally challenged/partisan shill" was a general barb and not calling out the Mickster.

I dont follow this line: "the more tax collected the less you have to deficit spend". Can you clarify?
 
#3,048
#3,048
McDad said:
It was not my intent to hurl insults at you. The "mentally challenged/partisan shill" was a general barb and not calling out the Mickster.

I dont follow this line: "the more tax collected the less you have to deficit spend". Can you clarify?
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In the context of if spending stayed the same from year to year. A true balanced budget without having to borrow. I know that is the issue: we spend more than we take in and that is just the way it is. I don't like kicking the can down the road. Pay as we go.
 
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#3,049
#3,049
Mick said:
In the context of if spending stayed the same from year to year. A true balanced budget without having to borrow. I know that is the issue: we spend more than we take in and that is just the way it is. I don't like kicking the can down the road. Pay as we go.
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I understand. And I agree that kicking the can is a horrible approach.
Disagree that tax increases always mean tax revenue increases.
Agree that the problem is outspending revenues and that almost every politician in both parties is a guilty sob.
 
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#3,050
#3,050
I would like to see across the board federal budget cuts equal to 1/2 the reduction in defense spending.
ex. Cut defense spending by 10%, and all other federal expenditures cut 5%.
 
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