Deficit up 17%

#453
#453
FLVOL_79 said:
Right dude. You, like most left wingers, don't understand the difference between percentage increase and actual amount increase. I've had to be a math teacher here for a few of yall before and I'll gladly do it again.
1,000,000,000,000 to 3,000,000,000,000 is an increase of 200%! HOLY SMOKES REPUBLICANS ARE SO EVIL!!

9,000,000,000,000 to 14,000,000,000,000 is an increase of 55%! DIMS SO FISCAL AND RESPONSIBLE AND SMURT WIth MATH!

Now..get a pad of paper and a pencil, you're going to need it, for the critical thinking involved to deduce which increase is worse. Its a timed 3 hour test so....you might be cutting your answer close. I'll deduct points for every hour late you are.
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I would give you the Pelosi clap if I could. How about a "Student of the Day" gold star?
In other breaking news........the sun rises in the east and sets in the west.
It's all about the rate of increase. The actual numbers are more a reflection of what you inherited. The rate of increase shows what you did with what you inherited. Take a nap and then think about it.
Republican presidents are consistently the most fiscally irresponsible.
 
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#454
#454
carlos86 said:
Trump is the one who either signs or ceros the spending legislation. He is the one who sends congress a projected budget for the government. He is the one who advocated and signed into law a $1 trillion tax cut.

"The debt figure has been rising at a faster pace following passage of $1.5 trillion tax cuts in December 2017 and action by Congress last year to increase spending on domestic and military programs."

National debt hits new milestone, topping $22 trillion
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"and action by Congress last year too...."
thank you for proving my point

we don't have an income (tax) problem.
we have a spending problem.

US Economy Visualized: Government Tax Revenue & Deficit stacked in $100 bills
 
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#455
#455
luthervol said:
I would give you the Pelosi clap if I could. How about a "Student of the Day" gold star?
In other breaking news........the sun rises in the east and sets in the west.
It's all about the rate of increase. The actual numbers are more a reflection of what you inherited. The rate of increase shows what you did with what you inherited. Take a nap and then think about it.
Republican presidents are consistently the most fiscally irresponsible.
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Wow. You really don't understand math. I mean..I dont even have anything mean to say..I just feel slightly sorry for you. This world must be a big and scary place for you.
edit..

Lets try something you might understand.

You come home..your husband pops you in the kisser once...then a second time. BOOM! Went from 0% to 200% beating pretty fast right! Thats a super high rate and is terrible. Domestic violence isn''t something to joke about.

Say you get beat 7 more times..then one day your husband hits you 7 times in a row! Well..not too bad..It was only 7 times but just an increase of 55% so since the rate of increase wasn't bad the actual amount is negligible.

You then cook the best damn shake n bake you ever did in your life.
 
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#457
#457
FLVOL_79 said:
So..can any of you anti people with money types explain the disdain for those who do better than you? Is it just jealously? Envy? Concern for your fellow non White non cis gendered huperson? Or like a virtue signaling thing masking ones own failures?
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No one has disdain for those who do better. You have a horribly warped view.
 
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#459
#459
C-south said:
The problem with that is the lower class pays zero in taxes.
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The praetorian prefect Florentius made the same argument then.

“the bottom fifth of earners pay almost a fifth of their income in taxes. According to the Institute on Taxation and Economic Policy, the lowest-income quintile — those making less than $19,000 a year — pay almost 11 percent of their income in state and local taxes.”
 
#461
#461
carlos86 said:
The praetorian prefect Florentius made the same argument then.

“the bottom fifth of earners pay almost a fifth of their income in taxes. According to the Institute on Taxation and Economic Policy, the lowest-income quintile — those making less than $19,000 a year — pay almost 11 percent of their income in state and local taxes.”
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The problems they cause for society far outweigh the monetary price they contribute to society. They are not paying their fair share.
 
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#462
#462
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#463
#463
I’d gladly accept a reasonable tax increase if it was coupled with a 20% across the board cut in actual spending (not a 20% cut in spending growth) and a zero based budgeting process. they would also have to pass an amendment to the effect of all the new revenue and savings had to go toward paying off the debt. Absolutely no increases in spending or new programs until all debt is retired.

Anyone else game?
 
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#464
#464
hog88 said:
I’d gladly accept a reasonable tax increase if it was coupled with a 20% across the board cut in actual spending (not a 20% cut in spending growth) and a zero based budgeting process. they would also have to pass an amendment to the effect of all the new revenue and savings had to go toward paying off the debt. Absolutely no increases in spending or new programs until all debt is retired.

Anyone else game?
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I'm in.
 
#465
#465
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#466
#466
carlos86 said:
Congress can’t enact spending measures without the President’s signature.

You also can’t lower taxes and spend more money.
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About that second part - it generally recognized that there is an optimal tax rate and taxation above that rate actually lowers revenues (ability to spend more money). The exact optimal rate is unknown but the impact on revenues of lower taxes is dependent on which side of the optimal rate they are currently on.
 
#467
#467
carlos86 said:
The praetorian prefect Florentius made the same argument then.

“the bottom fifth of earners pay almost a fifth of their income in taxes. According to the Institute on Taxation and Economic Policy, the lowest-income quintile — those making less than $19,000 a year — pay almost 11 percent of their income in state and local taxes.”
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state and local; not federal which is what the deficit and national debt is made of.
 
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#471
#471
tumscalcium said:
Yes you’re a troll, we all know that. You have to do better than this though.
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That’s all you ever get from them. You ask for an example of something and never get an answer. They have irrational hate and can’t justify anything they supposedly stand for.
 
#474
#474
Both sides have been kicking this can down the road for decades. They (both) know they won't be here when the bill comes due. Pointing fingers at any one party is playing right into both of their hands. Blame game. And no matter who wins, we lose.

Until, and unless, we demand that our government learns to spend less than they make (from us), it will never change.

But let's keep arguing about "who raised the deficit more". That should fix things, right?
 
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