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Are Democrats really better at reducing the deficit?

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posted on Sep, 9 2019 @ 12:16 PM
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Who controls spending? Congress. Not the President.

Who controlled Congress while Clinton was President?




posted on Sep, 9 2019 @ 12:16 PM
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Neither party really cares to keep spending in check.

Clinton's surplus was primarily because of Gingrich's leadership in Congress though.



posted on Sep, 9 2019 @ 12:16 PM
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a reply to: ColeYounger

Yes, he did author a Balanced Budget amendment. But what in the hell has happened to that anyway? And leave us not forget that Newt, though instrumental in changing the losing history of Republicans in the House ended up himself going down in flames.



posted on Sep, 9 2019 @ 12:17 PM
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a reply to: JAGStorm

Presidents can only bring attention to the problem, not fix it. No party can do it anymore. It will take both. Want to know what happened in the 90s, entitlement spending was curbed, by both parties agreeing. It takes both parties to do that.

Entitlements --- Social Security plus Medicaid and Medicare plus unemployment insurance and, for the time being, Obamacare --- already absorb 70% of all federal spending. These budget items grow automatically and do not even come up in Congress’ annual appropriations process.

www.forbes.com...

If Trump tried anything he would lose the election because Democrats would use it against him. Democrats are not only not willing to cut entitlement spending, they want to vastly increase it.
edit on 9-9-2019 by OccamsRazor04 because: (no reason given)



posted on Sep, 9 2019 @ 12:18 PM
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a reply to: TerryMcGuire

A new revolutionary technology like the cotton gin and interchangeable parts, the Internet was; and bust followed the boon just as before as the new thing became commonplace.

But as always terminology gets mingled and mangled. Deficit is overspending the budget, Surplus is underspending the budget. Debt is cumulative result of deficit and surplus. On personal banking terms, an overdraft is the deficit, cutting back on spending is a surplus and your account balance is either negative (debt) or positive (so rarely used not sure we have a word off the top of my head).

Other things contribute to the National Debt as well like outstanding education loans, Treasury Bonds, etc.



posted on Sep, 9 2019 @ 12:19 PM
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a reply to: jjkenobi


You got it . Republicans



posted on Sep, 9 2019 @ 12:23 PM
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a reply to: Ahabstar

Yep. He let the Republican Congress run things all the while allowing liberals to think it was all him, hence his legacy.He continued the bombing in the Middle East and pretty much allowed the continuance of Daddy Bush's policies.



posted on Sep, 9 2019 @ 12:25 PM
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Another part of the problem is that these days, everything is assumed that it is going to have a certain percentage increase from year to year in spending.

So let's say the Dept. of Silly Walks is getting its new budget. Last year, it received 1.2 billion. This year, it will receive a 10% increase on that, and every year after that it will get another 10% increase. Every other department gets the same sort of increase sort of baked in to the budget. Inflation ... you know? Gotta make sure our wonderful bureaucrats can keep up!

So what happens is that even if they say that this year, they want to cut the Dept. of Silly Walk's projected increase from 10% to 6% and do the same sort of trim on every other department's projected increase, the press goes nuts and starts screaming about "draconian" cuts when nothing has actually been cut. All that's being cut is the projected rate of spending increase!

So we can't even talk about real spending cuts because we can't even talk about cutting the rate at which we increase spending without having a national hissy fit in the press and commercials about driving grandma off the cliff in her wheelchair.



posted on Sep, 9 2019 @ 12:27 PM
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originally posted by: TerryMcGuire
a reply to: Notoneofyou

OH, what a shame. The other two branches of government are not cow towing to the Executive Branch. What a shame. I suppose we should take that up with the Founding Fathers who should have insisted that those two branches should just fall in line and rubber stamp everything the potus wants.



No, that's not what I want. I would prefer they actually focus on real issues and do actual work that reflects the wants of their respective voting base, instead of dog and pony shows to be on tv.

Kinda like old chuckle needing to tell us how tide pods look delicious?
Wtf?



posted on Sep, 9 2019 @ 12:29 PM
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a reply to: JAGStorm

It has always been my observation that Republicans are the one to "care" about spending whenever a Democrat is President.

But all that goes out the window whenever a Republican president is in office. The usual tax breaks for the rich occur, the deficit goes out of control and we get into recession territory.

IMO kill tax breaks for the wealthy, stop all corporate welfare, update the tax code to get rid of loopholes and shelters. That should help with that deficit.



posted on Sep, 9 2019 @ 12:32 PM
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a reply to: grey580

Oh, it flip flops. Haven't you noticed that now the Democrats "care" about the spending?

Look, neither group in the establishment especially care about the spending. They care about how it's being spent. Each side wants to spend. Their problem is that they know better than the other how to spend it.

It's like neither side of the establishment really has a problem with big government power. It's just that they think they know better than the other how to use that power.



posted on Sep, 9 2019 @ 12:32 PM
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a reply to: grey580

Imagine if all the things liberals claimed they cared about to reduce spending, and conservatives cared about to reduce spending, were combined and passed with bipartisan support?

Too bad it will never happen.



posted on Sep, 9 2019 @ 12:35 PM
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the debt and the deficit are 2 separate items. The total debt of the US may be about $22T, but the deficit as of May 2019 was about $740B. The deficit is more or less the difference of revenue brought in to the US govt and the expenditures that the US govt makes.

Projected federal budget deficit for fiscal year 2020 is $1.10 trillion



posted on Sep, 9 2019 @ 12:47 PM
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originally posted by: ketsuko
Another part of the problem is that these days, everything is assumed that it is going to have a certain percentage increase from year to year in spending.

So let's say the Dept. of Silly Walks is getting its new budget. Last year, it received 1.2 billion. This year, it will receive a 10% increase on that, and every year after that it will get another 10% increase. Every other department gets the same sort of increase sort of baked in to the budget. Inflation ... you know? Gotta make sure our wonderful bureaucrats can keep up!

So what happens is that even if they say that this year, they want to cut the Dept. of Silly Walk's projected increase from 10% to 6% and do the same sort of trim on every other department's projected increase, the press goes nuts and starts screaming about "draconian" cuts when nothing has actually been cut. All that's being cut is the projected rate of spending increase!

So we can't even talk about real spending cuts because we can't even talk about cutting the rate at which we increase spending without having a national hissy fit in the press and commercials about driving grandma off the cliff in her wheelchair.


Yeah, that is one of those little things that drives me up the wall. They cut the projected INCREASE, not the actual budget. Only in government twilight zone is an increase considered a "cut" if that increase isn't what you originally wanted.

Personally, I think we've gone past the point of return. Congress and Senate have too much power. There will never be meaningful change to budgets, tax code, etc.



posted on Sep, 9 2019 @ 12:47 PM
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originally posted by: ketsuko
a reply to: JAGStorm

No, they really aren't. If they were, they would have done it with their supermajority and Obama.

The main problem and dirty little secret is that the main things raising the deficit are the things no one can touch because they are red-hot radioactive - entitlements like Medicaid, Medicare, and Social Security. Contrary to what they would have you believe, they make up more of our budget than any other single spending category, even defense.


Oh dear spending the lions share of public money on the public. How awful!




posted on Sep, 9 2019 @ 12:49 PM
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originally posted by: chr0naut

originally posted by: ketsuko
a reply to: JAGStorm

No, they really aren't. If they were, they would have done it with their supermajority and Obama.

The main problem and dirty little secret is that the main things raising the deficit are the things no one can touch because they are red-hot radioactive - entitlements like Medicaid, Medicare, and Social Security. Contrary to what they would have you believe, they make up more of our budget than any other single spending category, even defense.


Oh dear spending the lions share of public money on the public. How awful!



Those entitlements are not sustainable and rife with fraud and waste. Glorified ponzi schemes. The people that use them rarely contribute anything remotely close to their overall benefits received.



posted on Sep, 9 2019 @ 12:51 PM
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originally posted by: jjkenobi
Who controls spending? Congress. Not the President.

Who controlled Congress while Clinton was President?


So, Trump is doing nothing about the economy, everything he says about how well he has done is just BS?



posted on Sep, 9 2019 @ 12:55 PM
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originally posted by: chr0naut

originally posted by: ketsuko
a reply to: JAGStorm

No, they really aren't. If they were, they would have done it with their supermajority and Obama.

The main problem and dirty little secret is that the main things raising the deficit are the things no one can touch because they are red-hot radioactive - entitlements like Medicaid, Medicare, and Social Security. Contrary to what they would have you believe, they make up more of our budget than any other single spending category, even defense.


Oh dear spending the lions share of public money on the public. How awful!



It's not the lion's share.

They're spending more than they can reasonably expect to take in. You want to know where the deficit comes from? It comes mainly from these sorts of programs. The government does have way more responsibilities than those programs it cannot afford.



posted on Sep, 9 2019 @ 01:01 PM
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originally posted by: Edumakated

originally posted by: chr0naut

originally posted by: ketsuko
a reply to: JAGStorm

No, they really aren't. If they were, they would have done it with their supermajority and Obama.

The main problem and dirty little secret is that the main things raising the deficit are the things no one can touch because they are red-hot radioactive - entitlements like Medicaid, Medicare, and Social Security. Contrary to what they would have you believe, they make up more of our budget than any other single spending category, even defense.


Oh dear spending the lions share of public money on the public. How awful!



Those entitlements are not sustainable and rife with fraud and waste. Glorified ponzi schemes. The people that use them rarely contribute anything remotely close to their overall benefits received.


You have never had a medical bill, never received social security, have never been unemployed, have never required food assistance and have never traveled on a road or used any other federally supported transport service?




posted on Sep, 9 2019 @ 01:05 PM
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Throw all the sick, handicapped, old people and hungry children into a giant wood-chipper.
Problem solved.
Then we'll have more money for bigger, better bombs.
edit on 9-9-2019 by Homefree because: (no reason given)







 
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