Report: If not for Republican Policies, Federal Govt. Would Run a Surplus

[Letssnuggle]

GDP growth is what pays the deficit.

 

[Jack V Savage]

But when the time comes there'll be some compelling reason not to.

Here's to Democrats, when they get the chance, going after income inequality as vigorously as they do our 2nd Amendment rights.

Obama did a lot to reduce income inequality and nothing to reduce 2nd Amendment rights. Also, not true that he didn't address the long-term debt problem. The ACA is the biggest debt-reducing legislation ever passed, probably.

Aye. Obama reined in on some things, but pushed hard on others. He was not a "fix the debt" president.

He actually did pretty much fix the debt. It just got broken again after he left office.

 

[JamesRussler]

If you tax 99% of everyone's income, like Democrats want, there will never be another budget deficit.

 

[Cubo de Sangre]

It did the last time a Democrat was in power during an economic boom.

You base your expectations on that and I'll base mine on this.

 

[Rod1]

What does that have to do with the fact that your beloved Obama extended the tax cuts?

Are you retarded?

We went over this already.

https://www.theguardian.com/world/2010/dec/06/barack-obama-bush-tax-cuts

 

[Jack V Savage]

GDP growth is what pays the deficit.

But high debt puts a drag on GDP growth.

 

[Letssnuggle]

But high debt puts a drag on GDP growth.

So does a lot of things. Including high taxation.

 

[My Spot]

Are you retarded?

We went over this already.

https://www.theguardian.com/world/2010/dec/06/barack-obama-bush-tax-cuts

There is no reason to be upset by the fact that your beloved Obama extended the tax cuts. It's okay.

 

[My Spot]

You base your expectations on that and I'll base mine on this.

In before he cries about FY09 even though Senator Obama voted for the budget and the wars and TARP.

 

[Rod1]

You base your expectations on that and I'll base mine on this.

What part of "Economic boom" is hard to understand?

And good thing you posted that Obama reduced the deficit from 1.4 trillions to 660 billions.

Obama would had balanced the deficit if Republicans hadnt forced the extension of Bush's tax cuts.

 

[My Spot]

What part of "Economic boom" is hard to understand?

And good thing you posted that Obama reduced the deficit from 1.4 trillions to 660 billions.

Obama would had balanced the deficit if Republicans hadnt forced the extension of Bush's tax cuts.

But I thought raising the debt ceiling was the wrong thing to do?

 

[ultramanhyata]

$488B for the Bush cuts.

488+164=652.

https://www.calculator.com/

Stop showing off with the Good Will Hunting mathematics. We aren't all Rhodes scholars.

 

[Jack V Savage]

So does a lot of things. Including high taxation.

Not really. Developed countries have very different levels of taxation (the U.S. is quite low) and tend to grow at the roughly the same long-term rates.

 

[Cubo de Sangre]

Obama did a lot to reduce income inequality and nothing to reduce 2nd Amendment rights. Also, not true that he didn't address the long-term debt problem. The ACA is the biggest debt-reducing legislation ever passed, probably.

My comment was looking to the future and about the party as a whole. Looks like there's more work to do.

 

[Jack V Savage]

My comment was looking to the future and about the party as a whole. Looks like there's more work to do.

Yep.

 

[gassius_clay]

The best red voters can do is #bothsides.

Because that is what the truth is

 

[My Spot]

Because that is what the truth is

Dude doesn't even live here but he's obsessed with America (and thinks our gun laws should be like Mexico's).

 

[Letssnuggle]

Not really. Developed countries have very different levels of taxation (the U.S. is quite low) and tend to grow at the roughly the same long-term rates.

Didn’t work out so well for Obama.

 

[KONG-D'SNT-TAP]

After 40 years we all know the GOP cant manage an economy. They never have and never will.

 

[KONG-D'SNT-TAP]

Didn’t work out so well for Obama.

Whatever this means