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Thread: Trump's budget: Oceans of red ink

  1. #61
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by HayJenn View Post
    Yes we know that there was a bi-partisan bill to keep the govt open.

    It has nothing to do at all with his budget proposal

    So why you have to scream in big bold letters what people already know is beyond me.
    Yes a 2 year budget agreement. it was passed and it is law.. AND IT IS NOT TRUMPS BUDGET..

    Which makes the OP FAKE NEWS.. to which I was alerting people to it being fake news.

    Thanks for playing.

  2. #62
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    Quote Originally Posted by Libertine View Post
    $7 trillion over 10 years is an improvement over the $10 trillion in 8 years we saw with the last guy.
    That's $7 trillion under optimistic economic conditions, not the economy Obama inherited from the bush administration.

  3. #63
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    Quote Originally Posted by Crusher View Post
    For me this is a huge problem. We need to address our unsustainable national debt. Trump is failing on this front, but to date has slowed the progress of it. Now, with the new proposals, the slowing is gone, gone, gone.

    I would think this is a great time for us all to consider cutting 1 cent of every dollar the Federal Government spends each year from all programs. 1 cent. We do that for 7 years straight, and we are suddenly making real progress. We need to inflate and grow our way out as well. It's the only options.

    It warms my heart to see Democrats now worrying about the red ink. Good for you guys... welcome to the party!
    Before republicans instituted their cut taxes and grow our way out of debt economic plan, we were on the road to paying off the debt. Had we done that, maybe we could have had a tax cut that actually meant something.

  4. #64
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    Quote Originally Posted by Slartibartfast View Post
    By law, by the end of a presidents or prime ministers office, he or she should not be allowed to finish on a deficit. Governments, like us, should live within their means.
    We did that the last few years of the Clinton administration - republicans said budget surpluses meant government was collecting too much in taxes - no mention of the debt.

  5. #65
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    Quote Originally Posted by Slartibartfast View Post
    Just wondered, did you campaign an objection when Obama was creating a worse debt?
    Obama did not inherit a strong economy.

    Didn't the UK respond to the Great Recession with a plan to reduce debt? How did that work out?

    https://www.forbes.com/sites/frances.../#34896e912fe6

  6. #66
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    Quote Originally Posted by HayJenn View Post
    And Obama actually cut the deficit.

    That's not going to happen under this Administration.
    He cut HIS OWN record setting deficits.

    He set the record!

    Then he reduced his all time high deficits.

    He never came close to balancing the budget.

  7. #67
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    Quote Originally Posted by HayJenn View Post
    LOL - where have you been for the last 9 years when the GOP and the Tea Party bitched and moaned about Obama's spending?

    Funny to see people whining about the deficit and the debt now, after Obama added NEARLY as much to the national debt as all other presidents before him...COMBINED!

    Bitching and moaning about spending is important now that Trump is in the WH?

    But was not important during the Obama years?

    Hillaryous.
    Last edited by Miller47; 13th February 2018 at 04:22 AM.

  8. #68
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    Quote Originally Posted by NightSwimmer View Post
    Debt is not deficit.
    It is when properly accounted for.

    Which one really matters since it is the number actually borrowed and must be repaid.

  9. #69
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    Quote Originally Posted by HayJenn View Post
    Except the actual economic experts disagree with you.

    Remember, this is 3 different "programs". Which really are not needed because the economy is doing just fine on it's own.

    And it's so funny to watch the same people over and over not acknowledge the debt Obama inherited.
    Obama inherited $10 trillion in debt and left $20 trillion in debt for Trump to inherit.

  10. #70
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    Quote Originally Posted by NightSwimmer View Post
    Had they not agreed to retain the Bush tax cuts, the Republicans were going to cut people's unemployment insurance.
    Democrats had majorities in both houses of Congress and the White House and the recession had ended 18 months earlier when they resurrected the expired GWB tax cuts.

    So what are the Obama apologists' excuses for making the tax cuts permanent in 2012?

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