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Apr 5 2021 08:58am
Quote (Budgeting @ Apr 5 2021 09:28am)
whoop, i was seeing maga red and was referring to insanebob, my bad.


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Apr 5 2021 09:02am
Quote (thesnipa @ Apr 5 2021 10:58am)


ty king
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Apr 5 2021 09:07am
Quote (Santara @ 5 Apr 2021 07:49)
Historical debt outstanding for the federal government, 1950-1999: https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm

The last time total debt went down year over year was 1956 during Eisenhower's first term.


Eisenhower added to the debt as well.

https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

The dollar figures have turned staggering, but yeah, there's a bit of information for you.
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Apr 6 2021 04:20pm
i think it's clear that neither party really cares about the deficit - as probably they shouldn't to be fair, since it's not as big of an issue as fiscal conservatives make it out to be.

the main difference is that republicans love to add to it by spending on the already wealthy, their donor class, the 'defence' industry, and corporations in general - while democrats tend to focus on social programs and investments into the future (education, environmental protection, infrastructure)...

that's the main reason the right has to keep lying about the deficit (both in terms of who cares about it, and how dangerous it really is): their spending has an abysmal track record and is wildly unpopular to begin with.
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Apr 6 2021 05:17pm
Quote (fender @ Apr 7 2021 12:20am)
i think it's clear that neither party really cares about the deficit - as probably they shouldn't to be fair, since it's not as big of an issue as fiscal conservatives make it out to be.

the main difference is that republicans love to add to it by spending on the already wealthy, their donor class, the 'defence' industry, and corporations in general - while democrats tend to focus on social programs and investments into the future (education, environmental protection, infrastructure)...

that's the main reason the right has to keep lying about the deficit (both in terms of who cares about it, and how dangerous it really is): their spending has an abysmal track record and is wildly unpopular to begin with.


meanwhile in reality the current democrat president gets the military industrial complex going again and already starts new conflicts

arming so called rebels that later became ISIS and the libya disaster were super successful spendings under a democrat president

but at least cheaper than the invasions launched before, i will give them that one despite the dems supporting all of that

conclusion: both parties have no interest to properly manage and spend money
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Apr 6 2021 05:50pm
Quote (JohnnyMcCoy @ 7 Apr 2021 01:17)
meanwhile in reality the current democrat president gets the military industrial complex going again and already starts new conflicts

arming so called rebels that later became ISIS and the libya disaster were super successful spendings under a democrat president

but at least cheaper than the invasions launched before, i will give them that one despite the dems supporting all of that

conclusion: both parties have no interest to properly manage and spend money


you sound a bit like you bought into the narrative of trump's anti-interventionism, even though he did NOT end any of the conflicts america was involved in, did NOT withdraw significant amounts of troops from overseas (only abandoned the kurds, moving those troops to other regions in the middle east, to please putin and erdogan), and has in fact actively supported a new war (or rather genocide), aiding saudi-arabia in their ethnic cleansing campaign in yemen (something biden just recently withdrew the US from again).

but fair enough, it's true that neoliberal establishment democrats spend ungodly amounts on endless wars and donors themselves. they are no saints, far from it, they are clearly just the slightly less shitty side of the same coin.

my focus was on the differences though. when it comes to social programs and stuff that benefits the working class, that's where republicans pretend to care about spending, that's when they suddenly discover that debt is bad.
it's the dishonesty, hypocrisy, and the different approach to that kind of spending that makes republicans so despicable...
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Apr 6 2021 06:17pm
Quote (fender @ Apr 7 2021 01:50am)
you sound a bit like you bought into the narrative of trump's anti-interventionism, even though he did NOT end any of the conflicts america was involved in, did NOT withdraw significant amounts of troops from overseas (only abandoned the kurds, moving those troops to other regions in the middle east, to please putin and erdogan), and has in fact actively supported a new war (or rather genocide), aiding saudi-arabia in their ethnic cleansing campaign in yemen (something biden just recently withdrew the US from again).

but fair enough, it's true that neoliberal establishment democrats spend ungodly amounts on endless wars and donors themselves. they are no saints, far from it, they are clearly just the slightly less shitty side of the same coin.

my focus was on the differences though. when it comes to social programs and stuff that benefits the working class, that's where republicans pretend to care about spending, that's when they suddenly discover that debt is bad.
it's the dishonesty, hypocrisy, and the different approach to that kind of spending that makes republicans so despicable...


the support of the war in yemen started before trump

obama and hillary created that syria conflict in the first place, they created the enemy the kurds had to fight, but i agree that helping them should have been part of a withdrawal

the republicans have the wrong motives, but they are right: throwing money around has NEVER helped anyone

the democrats pretend to help the poor, blacks and other minorities, but have never fixed a single problem

they keep pretending to help and distribute the money of better people to grab votes

the dems keep talking about problems that they have created in deep blue cities and states

its not republicans that are responsible for the sinkholes of chicago, new york or los angeles

This post was edited by JohnnyMcCoy on Apr 6 2021 06:18pm
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Apr 6 2021 07:44pm
Biden will reduce the deficit IMO because they will raise taxes. I'm not particularly concerned about Biden's spending because the COVID relief bill was an emergency and much of social spending will pay for itself.
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Apr 6 2021 07:54pm
Quote (thundercock @ Apr 6 2021 08:44pm)
Biden will reduce the deficit IMO because they will raise taxes. I'm not particularly concerned about Biden's spending because the COVID relief bill was an emergency and much of social spending will pay for itself.


He only wants to take taxes back to 2016 levels. I wish we could get a Democrat with at least enough balls to go back to Bush.
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Apr 6 2021 07:57pm
Quote (Thor123422 @ Apr 6 2021 09:54pm)
He only wants to take taxes back to 2016 levels. I wish we could get a Democrat with at least enough balls to go back to Bush.


just increase luxury taxes on any luxury items.
rich people will still buy them.

increase tax on alcohol
increase tax on tobacco
legalize pot, tax it.
hell, make sex work legal and tax it. ez money.
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