With tax cuts? Trump will kill the value of the dollar permanently. Stock market bubble getting ready to burst harder than 2008. Cover your asses.
Wrong republicans have for decades been the ones who have created debt but blame democrats for not fixing there mistakes fast enough.
I did earlier. I showed that it wasn't until the Democrats took control of congress that we started seeing 1 trillion+ deficits and they didn't end until the Democrats were forced out.....and when Republicans wanted to scale things back to being merely fiscally irresponsible, the response from Democrats was that it would lead to dead people in the streets. I mean, hell they had to threaten to shut down the government numerous times to get things back to only half a trillion dollar a year deficits. Also, funny enough, Democrats tend to credit Bill Clinton with the budget surplus although it was a budget passed by a Republican controlled house and senate. I personally credit him with working with congress in order to get positive things done despite it being controlled by an opposition party that actively sought to remove him from office for obstruction of justice and perjury. Not just any politician could set aside their personal agenda for the betterment of the country. Now when I'm saying this, I acknowledge that the Republican party after the mid to late 90's is a completely fiscally irresponsible party. The problem though is that the Democratic party is a really really really ridiculously fiscally irresponsible party. It really comes down to half a trillion dollar annual deficit spending or greater than 1 trillion dollar a year deficit spending. Only those on the fringes of the Republican party like Rand Paul actually want fiscal responsibility and with the Trump-Christie part of the Republican party taking over the party, fiscal responsibility is a non-starter.
You hit the nail on the head. Too bad Obama never tried to work with the Republicans like Clinton did.
Basically what you are saying is that the republicans can only control their spending when they DON'T agree with the budget allocations and they cause gridlock. Otherwise they spend like crazy and quadruple the debt. That's my translation, of course. You can't explain one time when cutting taxes on the wealthy and defense spending ever worked to reduce the national debt, because it doesn't.
Actually, no, that's not what I said at all and is a pretty odd takeaway. I'm saying when left to their own devices Republicans spend too much and when left to their own devices Democrats spend several times more than that. In fact, what I'm saying is that the only time you'll get decent to only a little poor fiscal responsibility from Democrats is when they have no control over congress. In fact, the ONLY reason Obama didn't literally double the debt (note, not deficit, I'm talking about total debt) years ago was that the Republicans took back over control of congress and forced spending cuts. If you were paying attention, I wasn't ever speaking as to the validity or fiscal responsibility of "tax cuts for the wealthy" or defense spending.....in fact I said that the party who usually does those things is a "completely fiscally irresponsible" party.
And who does that? Tax cuts for the wealthy and defense spending? Republicans don't care about balancing the budget, they only really care about making sure that the democrats don't waste money on issues that they find deplorable. That is why I said that the best configuration for the economy is and always will be Democratic President with Republican Congress.
Please show some facts to back up what your saying . http://socawlege.com/adds-debt-republicans-democrats/
When the economy tanks then automatic spending comes into effect and revenue plummets. You can look at any reputable chart to see that the deficit ballooned during the first several years as one would expect when a severe economic crisis then stabilize as the economy improves. This isn't rocket science.
Did you actually read what I just said? Try reading it again and see if you don't get the answer to this question. Again, I went over this with you already. Do they care about "balancing the budget"? No, only a few fringe members of the Republican party care about that. The rest of the Republican party wants to keep spending more than they take in....they just don't want to spend anywhere near as much as the Democrats do. That's the real difference aside from where the money is going. Yeah, that's worked out great for the country the last few years.
Republicans weren't going to work with a "Kenyan socialist". You clearly live in an alternate reality where the GOP didn't make it a priority to obstruct. Now Trump is proposing very Keynesian economic policies on top of protectionism things that the tea party and the GOP didn't agree with just 2 years ago. Wake up.
I realize you have me on ignore because you can't discuss things with a well informed individual but he's asking for actual facts from a reputable source.
Also, this was clearly written several years ago because the horribly misleading graphic only shows Obama's contribution till 2011.....it also blames the budget that Obama and the Democrats passed once they took over congress on Bush which is a bit disingenuous. In fact, I just read the rest of that page.....and it's pretty clear that you didn't....so go back and read the link YOU posted.
There is zero chance of a balanced budget. I mean that shouldn't even enter the frame of thought...the only question is what the deficits will look like....Bush I, Bush II, Obama....and what the results will be on the population...Kansas or Texas or California....
Running a deficit of 3% should be fine. the government is not a business and should not be run like one. However there is very little correlation between tax rates and enonomic growth.
