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Will_I_Wynn

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Reply with quote  #1 
Spending

In fiscal 2008, this Country spent $2.98T on the Federal budget.  Since then and through FY2017, the annual increase in spending has been 3.8% per year, the lowest nine year average since the Clinton years.  Whether one credits a President, a GOP Congress, or a tight budget process for this lower growth, it is important to note that there will be growth in spending due to larger population (more children, more on SS, more on Medicare, etc.) and due to inflation.  That said, most growing Companies can't grow their budgets less than 3.8% annually.  It's simply wrong to say Democrat Presidents are spending our way into oblivion.

As a comparison, in 1980 we spent $.59T which grew to $1.25T in 1990.  We averaged about 7.8% spending increase each year as we climbed over one trillion in spending.  The $1.25T 1990 spending amount grew to $1.65T in 1998, a 3.7% annual spending growth.  This was our lowest spending growth period during the last forty years.  Our 1998 spending of $1.65T grew to $2.98T in 2008, which was 6% growth each year.  Since then, we have restrained spending growth by almost half and during the last nine years growth has been about 3.8% yearly.

1980 - $.59T
1990 - $1.25T
1998 - $1.65T
2008 - $2.98T
2017 - $4.00T

https://www.whitehouse.gov/omb/historical-tables/

As for SS, it still breaks out about even at this time and doesn't affect the budget.  Medicare taxes only pay about 60% of the cost and do affect the budget.  Cutting Medicare and SS for current retirees is not the solution.  Increasing the SS and Medicare tax, coupled with age adjustments, are the ultimate solutions and probably years away from being addressed.  The GOP will not allow tax increases.

During the last 37 years, 1980-2017, spending has increased about 5.3% annually.  Over the last nine years we're down to 3.8% on average.  Keep these facts in mind when you hear the Right say spending is driving our debt up.  The truth is revenue growth is lagging far behind since 2000 and these tax cuts, which keep returning during GOP Administrations, are significantly contributing to a decrease in growth of Government revenue (actually going backwards during some of the Bush years) and growing our annual deficit which increases our debt.  Imagine how much larger the increase in our annual deficit would be if the GOP chose to cut the SS tax and the Medicare tax like they choose to cut income tax rates?  The deficit would go up billions and billions more as more Government revenue would be lost.

Numbers explain the budget process and this is a case of one Party (the GOP) stifling the revenue growth with tax cuts which then drives up an annual deficit (loss).  Once the budget is turned into a loss, the goal of the GOP is that we'll be forced to shrink Government in order to make ends meet.  Since the spending we partake in is mostly supported by the American people, and continues to grow a bit as 37 years of historical charts will show, the GOP goal to cut spending fails and we end up borrowing more from future generations to cover the shortages created by our political budget fights.  Nobody should see a 3.8% growth in Government spending as outrageous and deserving of inaccurate GOP attacks describing out of control spending.  If we want to stop borrowing money, we need to understand tax cuts, particularly to wealthy families, are the real enemy to our budget, and are meant to force us into an agreement to cut Government spending.  If we were growing spending at the 6% or 7% levels of the Bush and Reagan years, I'd argue differently.  But we're not.

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The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


TheNarrator

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Reply with quote  #2 
In general, funds for federal government programs must be authorized by an "authorizing committee" through enactment of legislation. Then, through subsequent acts by Congress, budget authority is then appropriated by the Appropriations Committee of the House.

https://en.m.wikipedia.org/wiki/United_States_budget_process

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uwApoligist

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Reply with quote  #3 

You continue to post this tripe.  It is just not based in any sort of reality at all.  Obama increased the debt (real debt) by over 4x the next most debt increasing administration. When he took office the debt was $10.626T, when he left office it was $19.947T.  That is $9.3T dollars in additional debt.

Looking at budget deficits that occured during his term, a different measure of an administrations debt burden.  Using this measure it is $6.786T.  Add in his borrowing from SS fund, and that total comes to $7.917T.

https://www.thebalance.com/national-debt-under-obama-3306293

Here is a spreadsheet that shows Debt as a percent of GDP
https://docs.google.com/spreadsheets/d/1dnpM53KWLVm5Pip2kivdVBH5_QxMYaupJDgCHKpZlqw/edit?usp=sharing
data was taken from : http:// https://www.thebalance.com/us-deficit-by-year-3306306

It shows again that obama grew debt at an alarming rate.  Even more when he had a dem house and senate.  And from looking through this spread sheet you can quite easily see that Dem presidents are often reigned in by republican houses and senates that come into power for that dem presidents second term.  You see that with Clinton in 1994, and odummer in 2010.

OdummerDemDemDem200845910173.10%Bank bailout. QE.
OdummerDemDemDem2009141316329.80%Stimulus Act
OdummerDemDemRepublican2010129419058.60%Obama tax cuts. ACA. Simpson-Bowles.
OdummerDemDemRepublican2011130012298.30%Debt crisis.
OdummerDemDemRepublican2012108712766.70%Fiscal cliff.
OdummerDemDemRepublican20136796724.10%Sequester. Government shutdown.
OdummerDemDemRepublican201448510862.80%Debt ceiling.
OdummerDemRepulicanRepublican20154383272.40%Defense = $736.4 b.
OdummerDemRepulicanRepublican201658514233.10%Defense = $767.3 b.







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Fresh

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Reply with quote  #4 
I think it shows what Will has been saying. Spending didn't increase inordinantly, revenue was down. Same spending, less revenue, more debt. Not a complicated concept.
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Will_I_Wynn

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Reply with quote  #5 
You did not point to one thing I posted that was inaccurate.  You switched the conversation from spending to deficits.  Deficits can be blamed on either revenue or spending.  I'm making the case our deficit is due to revenue and not spending.  In historical standards, our spending is nearly lowest in decades.  We're going a good job there.  Our deficit is largely because revenue keeps being deliberately cut by the GOP.  For example, a President can't stop SS and Medicare payments to old people.  It's the law.  If the GOP voted to end SS payroll taxes, our deficit would skyrocket.  I would then ask, should the increased annual deficit that grows when we stop collecting SS taxes be blamed on the next Democrat President who followed after this new legislation?  Of course not.  It would be his job to try and reinstate them if possible.

Edit:  Thanks Fresh.  I think people see that but are trying to deflect.

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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


uwApoligist

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Reply with quote  #6 
Quote:
Originally Posted by Fresh
I think it shows what Will has been saying. Spending didn't increase inordinantly, revenue was down. Same spending, less revenue, more debt. Not a complicated concept.

Debt goes up.

Why not reduce spending when revenue does down, why take on debt and endanger our children?

Ultimately there is a measure.  That measure is how much did debt go up during your administration.  If you screw the private sector over and sh!t tank government revenues and that leads to the debt, why would you possibly deserve praise for that?

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uwApoligist

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Reply with quote  #7 
Quote:
Originally Posted by Will_I_Wynn
You did not point to one thing I posted that was inaccurate.  You switched the conversation from spending to deficits.  Deficits can be blamed on either revenue or spending.  I'm making the case our deficit is due to revenue and not spending.  In historical standards, our spending is nearly lowest in decades.  We're going a good job there.  Our deficit is largely because revenue keeps being deliberately cut by the GOP.  For example, a President can't stop SS and Medicare payments to old people.  It's the law.  If the GOP voted to end SS payroll taxes, our deficit would skyrocket.  I would then ask, should the increased annual deficit that grows when we stop collecting SS taxes be blamed on the next Democrat President who followed after this new legislation?  Of course not.  It would be his job to try and reinstate them if possible.

Edit:  Thanks Fresh.  I think people see that but are trying to deflect.

Not deflecting anything.
Debt goes up or it goes down.  That is the measure.  

Revenue was not cut by republicans during Obama, Obama signed off on it.  Same as you say about rep presidents.

You are a bit whack and get way to over excited about your word games and stupid pet tricks.

Reality debt goes up and debt goes down during an administration.  Easy to measure, shows clearly in the numbers. 

If you don't like debt, then you have to advocate that spending should be restrained close to the incoming revenues.  Otherwise you like killing our chillrens.  

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Will_I_Wynn

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Reply with quote  #8 
I repeat, reducing spending is difficult and often unfair.  Imagine millions on SS and you tell them you're cutting their checks next year.  That coupled with inflation would really hurt their buying power.  Now I know the next reply will be "not cut spending but lower the increase in spending".  That's the point I make above.  We are down to 3.8% spending growth from 6% in year's past.  We have cut the growth.  I think we are as low as we can go growth-wise without hurting Americans.
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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


Will_I_Wynn

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Reply with quote  #9 
Debt is not the measure.  A CEO takes a Company losing one million a year and in six years he has it profitable by $100,000 before he dies.  The CEO saw debt rise significantly but should receive great credit for the turnaround.

Edit:  All he really did was increase the price of the products they sold.  They weren't priced right and he gradually increased them.

__________________
A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


Will_I_Wynn

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Reply with quote  #10 
"Revenue was not cut by republicans during Obama, Obama signed off on it."

No, the lower tax rates came before he got there.  Wasn't much he could do about it.  He did grow our revenue substantially but without the proper tax rates, we can't get to balanced budget.  He did lower the deficit by turning the economy around and improving revenue.  Yes, not all the revenue reduction is due to tax cuts as recession contributes as well.


Edit:  Btw, debt hasn't gone down since Clinton had a surplus.  Deficit amounts due vary during different Administrations but debt always rises as long as there are deficits.

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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


Fresh

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Reply with quote  #11 
Quote:
Originally Posted by uwApoligist

Debt goes up.

Why not reduce spending when revenue does down, why take on debt and endanger our children?

Ultimately there is a measure.  That measure is how much did debt go up during your administration.  If you screw the private sector over and sh!t tank government revenues and that leads to the debt, why would you possibly deserve praise for that?


How does a tax cut help this situation. We already had a projected deficit before the tax cut. 

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Will_I_Wynn

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Reply with quote  #12 
Exactly.

Imagine taking a college sports program paying it's own way.  Breaking even.  The Administration decides to cancel ticket sales and allow free admission.  The program then loses money and the Administration decides to end it because it can't make it's own way.  The Administration has a budget to meet and must make cuts where necessary.

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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


Will_I_Wynn

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Reply with quote  #13 
Back to spending growth and Democrat Presidents supposedly being big spenders, how does the Right explain a nine year spending annual increase (3.8%) second lowest in decades?  How does low spending growth lead to calling the President a big spender?  How do you explain debt climbing despite the fact annual spending increases are getting lower?  I suspect it's the spin you hear suggesting Democrats spend the most. 
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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


pabar61

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Reply with quote  #14 
Quote:
Originally Posted by Will_I_Wynn
Exactly.

Imagine taking a college sports program paying it's own way.  Breaking even.  The Administration decides to cancel ticket sales and allow free admission.  The program then loses money and the Administration decides to end it because it can't make it's own way.  The Administration has a budget to meet and must make cuts where necessary.


Another ridiculously stupid analogy.  Is that college the only one anyone is allowed to attend?

Stop with the dishonest analogies and make a real argument.

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Will I Wynn is a poster who used to go by the name of Dewey.  He used to criticize people who did that.

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pabar61

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Reply with quote  #15 
Quote:
Originally Posted by Will_I_Wynn
Back to spending growth and Democrat Presidents supposedly being big spenders, how does the Right explain a nine year spending annual increase (3.8%) second lowest in decades?  How does low spending growth lead to calling the President a big spender?  How do you explain debt climbing despite the fact annual spending increases are getting lower?  I suspect it's the spin you hear suggesting Democrats spend the most. 


Democrats want to grow government.  That entails spending.  If a Democrat president saw spending growth decline, it's because he had a GOP Congress.

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Will I Wynn is a poster who used to go by the name of Dewey.  He used to criticize people who did that.

"Once you open your eyes, it's impossible to be a Democrat." - CJ Pearson
Will_I_Wynn

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Reply with quote  #16 
Take the credit.  I don't care.  The point is it has grown almost every year in our history.  Population growth and inflation almost guarantees such.  No Party is going to stop SS, Medicare, and Government spending from going up year to year.  Time to stop telling the American people otherwise and how they should feel comfortable taking tax breaks and borrowing more money.  Time to stop misleading the American public that the money being spent is being pi**ed away. 
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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


Will_I_Wynn

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Reply with quote  #17 
An analogy the opposition dismisses is a good analogy.

It's easy to see how an organization can suddenly become a failed operation if not allowed to collect the funds necessary to maintain a satisfactory budget.

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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


pabar61

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Reply with quote  #18 
Quote:
Originally Posted by Will_I_Wynn
An analogy the opposition dismisses is a good analogy.

It's easy to see how an organization can suddenly become a failed operation if not allowed to collect the funds necessary to maintain a satisfactory budget.


Wrong - it's dismissed because it's a bad analogy.  It is not analogous to the reality you are trying to portray.

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Will I Wynn is a poster who used to go by the name of Dewey.  He used to criticize people who did that.

"Once you open your eyes, it's impossible to be a Democrat." - CJ Pearson
Will_I_Wynn

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Reply with quote  #19 
Whatever the analogy, if you want to take down an entity, take away it's revenue.  Whether you go around saying "cut your expenses" to this entity or not, there's a good chance you'll starve it and ultimately destroy it as well.  However, in the case of the US Federal Government, they'll just borrow the funds from your kids.
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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


keepinitreal

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Reply with quote  #20 
Quote:
Originally Posted by Will_I_Wynn
they'll just borrow the funds from your kids.



DRINK

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"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
Will_I_Wynn

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Reply with quote  #21 
How serious is this expectation our Government will spend less money in a subsequent year?  Does anyone truly believe this is a goal we can reach?

President Obama spent money on a recovery stimulus which drove spending up in one year only to see it come back in the following years.  That rare exception aside, does the Right truly believe our Government can decrease actual spending amount from year to year?  What historical information convinces you that's possible?

The other side of the story is spending reductions year to year are highly unlikely and suggesting we can afford tax cuts because those spending cuts will soon be here is to mislead the American people.

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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


keepinitreal

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Reply with quote  #22 
Dewy hates Tax Cuts
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"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
EarlyGrayce

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Reply with quote  #23 
Lord this thread sucks.
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bluedog

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Reply with quote  #24 
The wealthy Fed Bank family-members print money and lend it to our Government...........Our Government will make payments to these wealthy families as long as we're a country.........

The only thing to change that would be if we tell the wealthy Fed Banking families we'll start printing our own money...........Then, our money is free and there's no-interest payments.........

President Kennedy was heading in-that-direction just before he was assassinated..........Maybe, we'll try again...........
keepinitreal

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Reply with quote  #25 
Quote:
Originally Posted by EarlyGrayce
Lord this thread sucks.






My poor keyboard, lost brown water all over it and may need to be replaced

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"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
Will_I_Wynn

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Reply with quote  #26 
President Trump submitted a FY2018 budget that took spending from $3.981T to $4.094T.  That's an increase of $113 billion.  The Senate said it was dead on arrival.  I expect the increase in spending to be over $200 billion.

https://en.wikipedia.org/wiki/2018_United_States_federal_budget

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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


uwApoligist

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Reply with quote  #27 
Quote:
Originally Posted by Will_I_Wynn
President Trump submitted a FY2018 budget that took spending from $3.981T to $4.094T.  That's an increase of $113 billion.  The Senate said it was dead on arrival.  I expect the increase in spending to be over $200 billion.

https://en.wikipedia.org/wiki/2018_United_States_federal_budget
I think we should have a year of zero increase in spending.  After obama raised spending through the rough and stalled our economy, it ran up the debt.  We should do the opposite.  Cut taxes, get our economy rolling, cut spending, and cut debt, making everything work great again.
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Will_I_Wynn

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Reply with quote  #28 
The last nine years were the lowest annual spending growth since the Clinton years, 3.8%.  There was no large Obama spending as his years were lower than Bush who raised spending 6% per year.  I went to great trouble to post the numbers in post number one.  Take another look.
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A gullible nation is a vulnerable nation.  Challenge what you read on the internet.  Our nation's security is in our hands.  Don't be duped by misinformation.

The Right in here are quoting posts and changing words.  Please search for original post if accurate information is desired.  Also, claims I moderate this discussion forum are untrue.

Obama -  "When I say if you have your plan and you like it, and your doctor has a plan -- or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform."

A 2017 opinion poll ranks Reagan and Obama #1 and #2 best Presidents since WWII.


 Trump should be honest with the American people.


keepinitreal

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Reply with quote  #29 
Quote:
Originally Posted by Will_I_Wynn
I went to great trouble to post the numbers in post number one.


Much appreciated

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"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
uwApoligist

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Reply with quote  #30 
Quote:
Originally Posted by Will_I_Wynn
The last nine years were the lowest annual spending growth since the Clinton years, 3.8%.  There was no large Obama spending as his years were lower than Bush who raised spending 6% per year.  I went to great trouble to post the numbers in post number one.  Take another look.

That reduction in spending growth was out of necessity.  Sequester from the republicans drove most of it.

Obama's economic policies greatly delated our econimic recovery.  So income to the governement fell drastically.  So he had to reducing spending increases.  There was not enough money.  

As a precent of GDP, Obama was very debt ridden president.  Clocking in 3.10%, 9.80%, 8.60%, 8.30%, 6.70%, 4.10%, 2.80%, 2.40%, 3.10% over his 8 years.  Those are some big numbers.  

Trump definitely wanted to get some of the repairs of our ravaged military underway, but he did so in a responsible fashion, so was able to achieve a 3.4% Debt to GDP ratio.   Which is a pretty good start.  Now that he has tax cut in place, should be a good chance of significant revenue growth which will help reduce that debt the GDP ratio.  Also once the automatic spending cuts kick in we should really see things improve.

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