WH projects $1 trillion deficit for 2019

[PaulS]

Originally Posted by JohnR

Wish y'all actually cared about this going back 15 years

So your saying the Dems. didn't care about it in the past (even though Bush left us with the worse economy since the great recession and most economist say you need deficit spending to get the econ. rolling) but the Reps did? So what party is showing the hypocrisy?

Wasn't another of Trump's promises that he would wipe out the deficit and the debt?

When do we get tired of winning?

[Jim in CT]

Originally Posted by PaulS

So your saying the Dems. didn't care about it in the past (even though Bush left us with the worse economy since the great recession and most economist say you need deficit spending to get the econ. rolling) but the Reps did? So what party is showing the hypocrisy?

Wasn't another of Trump's promises that he would wipe out the deficit and the debt?

When do we get tired of winning?

No, he's saying that on this issue, there's almost nothing but partisan hypocrisy, as those who like the sitting POTUS say nothing about massive deficits, while those in the opposing party say the deficits will kill us all. Then when a POTUS from the other party gets elected, everyone says the opposite.

I didn't see you, WDMSO, or GS worry about deficits when Obama racked them up. But they sure matter now. John R worried about deficits then, and he does now. So do I. If you thought annual trillion dollar deficits were bad under Obama, I missed that concern.

[PaulS]

Originally Posted by Jim in CT

No, he's saying that on this issue, there's almost nothing but partisan hypocrisy, as those who like the sitting POTUS say nothing about massive deficits, while those in the opposing party say the deficits will kill us all. Then when a POTUS from the other party gets elected, everyone says the opposite.

I didn't see you, WDMSO, or GS worry about deficits when Obama racked them up. But they sure matter now. John R worried about deficits then, and he does now. So do I. If you thought annual trillion dollar deficits were bad under Obama, I missed that concern.

Sorry but that is a lie. During a recession, you need spending to get the economy rolling. I don't think either of them posted much if at all when Obama was Pres. Plus Trump told us he was going to wipe out the debt and deficit.

[Jim in CT]

Originally Posted by PaulS

Sorry but that is a lie. During a recession, you need spending to get the economy rolling. I don't think either of them posted much if at all when Obama was Pres. Plus Trump told us he was going to wipe out the debt and deficit.

The $750B "stimulus" bill, which was supposed to create god knows how many shovel-ready jobs, wasn't optional? That was mandatory?

The bailout was expensive, but most was paid back with interest I believe.

Obama believed in quantitative easing, which is expensive but eventually worked. He also inherited the wars which are insanely expensive.

Some of his spending was inherited and necessary. Some was absolutely at his discretion.

No lies, no sir. I don't need to, because my goal isn't to blindly defend one ideology and attack the other. I have no problem with facing whatever the truth is, I'm not Pete or Spence.

[wdmso]

Originally Posted by Jim in CT

I didn't see you, WDMSO, or GS worry about deficits when Obama racked them up.

Your correct you and others were crying about deficts. And now your not. Again turning wine into water ...
Its a predictable pattern
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[Got Stripers]

Originally Posted by Jim in CT

No, he's saying that on this issue, there's almost nothing but partisan hypocrisy, as those who like the sitting POTUS say nothing about massive deficits, while those in the opposing party say the deficits will kill us all. Then when a POTUS from the other party gets elected, everyone says the opposite.

I didn't see you, WDMSO, or GS worry about deficits when Obama racked them up. But they sure matter now. John R worried about deficits then, and he does now. So do I. If you thought annual trillion dollar deficits were bad under Obama, I missed that concern.

Well you at least partly correct because I didn’t start posting on this board until this presidential run and election.
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[The Dad Fisherman]

Originally Posted by PaulS

So your saying the Dems. didn't care about it in the past (even though Bush left us with the worse economy since the great recession and most economist say you need deficit spending to get the econ. rolling) but the Reps did? So what party is showing the hypocrisy?

Wasn't another of Trump's promises that he would wipe out the deficit and the debt?

When do we get tired of winning?

the ability to quote things that were never said is uncanny.

simple math 2019 - 15 = 2004 (Bush's 2nd term)

[JohnR]

Originally Posted by PaulS

Sorry but that is a lie. During a recession, you need spending to get the economy rolling. I don't think either of them posted much if at all when Obama was Pres. Plus Trump told us he was going to wipe out the debt and deficit.

There are times when deficit spending works but then the piper must be paid. But you can't keep borrowing and spending forever.

As a result, today, our kids & GKids are inheriting 22 Trillion in debt (and probably another 100T+ in obligations)

BOTH PARTIES - both sides, see that Wayne ; ) - got us here

[PaulS]

Originally Posted by The Dad Fisherman

the ability to quote things that were never said is uncanny.

simple math 2019 - 15 = 2004 (Bush's 2nd term)

I know that Thanks

Originally Posted by JohnR

There are times when deficit spending works but then the piper must be paid. But you can't keep borrowing and spending forever.

As a result, today, our kids & GKids are inheriting 22 Trillion in debt (and probably another 100T+ in obligations)

BOTH PARTIES - both sides, see that Wayne ; ) - got us here

I agree you can't continue borrowing and spending. That is why Clinton and Obama both raised taxes - to bring in more revenue. Subsequent to that, the def. went down. If you want to say the Dems. always increase taxes, I'd agree with you.

[Jim in CT]

Originally Posted by PaulS

I know that Thanks



I agree you can't continue borrowing and spending. That is why Clinton and Obama both raised taxes - to bring in more revenue. Subsequent to that, the def. went down. If you want to say the Dems. always increase taxes, I'd agree with you.

clinton cut taxes after he raised them. and tax revenue collected went up, after he cut tax rates.
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[wdmso]

Originally Posted by JohnR

BOTH PARTIES - both sides, see that Wayne ; ) - got us here

Yep everything equal keep convincing yourself its that simple
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[The Dad Fisherman]

Originally Posted by wdmso

Your correct you and others were crying about deficts. And now your not. Again turning wine into water ...
Its a predictable pattern
Posted from my iPhone/Mobile device

Originally Posted by wdmso

Who stopped him... oh Republicans never saw that comming
Posted from my iPhone/Mobile device

Originally Posted by wdmso

Yep everything equal keep convincing yourself its that simple
Posted from my iPhone/Mobile device

woooo boy, your superior intellect sure showed us. You better take a break. That hamster must be plum tuckered out from spinning that wheel at that RPM

[wdmso]

Originally Posted by The Dad Fisherman

woooo boy, your superior intellect sure showed us. You better take a break. That hamster must be plum tuckered out from spinning that wheel at that RPM

Thanks for the usual mindless comments... key board warrior
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[The Dad Fisherman]

Originally Posted by wdmso

His supporters can turn any water into wine... just wait and see...
Posted from my iPhone/Mobile device

Originally Posted by wdmso

Your correct you and others were crying about deficts. And now your not. Again turning wine into water ...
Its a predictable pattern
Posted from my iPhone/Mobile device

Originally Posted by wdmso

Who stopped him... oh Republicans never saw that comming
Posted from my iPhone/Mobile device

Originally Posted by wdmso

Yep everything equal keep convincing yourself its that simple
Posted from my iPhone/Mobile device

Originally Posted by wdmso

Thanks for the usual mindless comments... key board warrior
Posted from my iPhone/Mobile device

Yeah, because you are just chock full of insightful and intelligent dialogue in this thread, Einstein

[Sea Dangles]

Originally Posted by The Dad Fisherman

the ability to quote things that were never said is uncanny.

simple math 2019 - 15 = 2004 (Bush's 2nd term)

Still trying to fix stupid?
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[PaulS]

Originally Posted by Sea Dangles

Still trying to fix stupid?
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says the dumbest person here who never adds anything other childlike insults.

[Jim in CT]

Originally Posted by PaulS

So your saying the Dems. didn't care about it in the past (even though Bush left us with the worse economy since the great recession and most economist say you need deficit spending to get the econ. rolling) but the Reps did? So what party is showing the hypocrisy?

Wasn't another of Trump's promises that he would wipe out the deficit and the debt?

When do we get tired of winning?

Please tell me what Bush did, to cause that crash?

That crash was caused because BOTH PARTIES repealed Glass Seagal, which allowed banks to engage in investments. It occurred because banks were willing to make stupid loans, because consumers were willing to take on those stupid loans of their own free will, and because those loans were bundled into fishy derivitives that no one understands.

When the market crashed, Bush was POTUS, and the democrats controlled both chambers of Congress, right? But it's all Bush's fault.