View Full Version : Balancing the budget is more urgent right now arguably than ending COVID-19
Millennial_Messiah
01-27-2021, 03:11 PM
Not necessary "more important", but "more urgent". Obviously ending a pandemic is important but from a long term standpoint the national debt is by far the worse problem.
Biden needs to take a page of out Clinton's playbook (the president, not the coattail riding dyke). Jack up corporate taxes because trickle down is BS. Eliminate BS tax breaks for large corporations. Along with that, install a salary cap for individuals in executives of a corporation (maybe $1 Million per year salary) because the salaries of CEOs, CIOs, CTOs, e.g. in the top 1% is downright ridiculous.
Reduce or eliminate US military involvement in the Middle East. Re-negotiate defense contract deals. We need sequestration, not more stimulus. These stimuli have gotten out of hand and we will face major inflation if something is not done soon to curb that. Both raising taxes on the high-wealth and corporations AND slashing government spending should be priority. The current national debt is at $28 Trillion and rising with each stimulus "package". The USA has not seen a budget surplus year since the Clinton administration.
The 1990s were the richest time in America before s*** started hitting the fan. We need contractionary policy ASAP to return to that and with the goal of reducing the national debt to zero by Jan. 1, 2025.
SnakeBoy
01-27-2021, 03:15 PM
It's time to focus on fiscal responsibility again
Will Hunting
01-27-2021, 03:26 PM
If it wasn’t urgent when Trump was president, it’s not urgent now. Sorry, but the GOP crocodile tears over fiscal responsibility ain’t gonna work this time around.
Kurgan
01-27-2021, 03:41 PM
Should have voted for Gore instead of Bush if you cared about the national debt that much. Hope you enjoyed your expensive, useless wars - brought to you by team Republican.
Leetonidas
01-27-2021, 03:47 PM
This is a joke right?
RandomGuy
01-27-2021, 04:01 PM
It's time to focus on fiscal responsibility again
:lol
RandomGuy
01-27-2021, 04:03 PM
If it wasn’t urgent when Trump was president, it’s not urgent now. Sorry, but the GOP crocodile tears over fiscal responsibility ain’t gonna work this time around.
Nope. GOP was willing to borrow any amount to stay in power, as long as the ultra-rich benefitted most.
Kind of hard to do a 180 when it comes time to help regular people. Not that they aren't trying. It's cute.
Xevious
01-27-2021, 04:09 PM
Republicans are the party of fiscal responsibility only when Democrats are in power.
SnakeBoy
01-27-2021, 04:13 PM
Republicans are the party of fiscal responsibility only when Democrats are in power.
https://cdn.theatlantic.com/thumbor/p4j6K9lHcSHZt9Bb759rXH-3eFs=/0x127:1000x690/720x405/media/old_wire/img/upload/2013/03/12/AP13031215403/original.jpg
DarrinS
01-27-2021, 04:40 PM
It's time to focus on fiscal responsibility again
Should have used blue font. They didn't get it
boutons_deux
01-27-2021, 04:40 PM
Expect a Simpson-Bowles Commission 2.0
Will Hunting
01-27-2021, 04:41 PM
Should have used blue font. They didn't get it
My post was addressing the OP. Snake boys trolling doesn’t work on me anymore :lol
baseline bum
01-27-2021, 05:00 PM
It's time to focus on fiscal responsibility again
Fully agree, time to bring back the 70% top tax bracket.
Joseph Kony
01-27-2021, 05:14 PM
Should have used blue font. They didn't get it
:lmao literally no one even quoted him
Millennial_Messiah
01-27-2021, 05:21 PM
If it wasn’t urgent when Trump was president, it’s not urgent now. Sorry, but the GOP crocodile tears over fiscal responsibility ain’t gonna work this time around.
I made tons of threads bitching about Trump's keynesian fiscal policy as well. I tried to fight against the Trump Tax bill in 17-18. I'm not a "GOP Crocodile", tbh. I voted for Romney in 12 and sat out the last 2 elections.
Will Hunting
01-27-2021, 05:31 PM
I made tons of threads bitching about Trump's keynesian fiscal policy as well. I tried to fight against the Trump Tax bill in 17-18. I'm not a "GOP Crocodile", tbh. I voted for Romney in 12 and sat out the last 2 elections.
Show me one thread you made pre-2020 that was critical of the Trump 2017 tax scam.
:lol Mitt Romney, the guy who was going to reduce the deficit by cutting taxes for the rich. Mitt Romney’s entire campaign was built around bootstrap capitalism and trickle down economics.
SnakeBoy
01-27-2021, 05:36 PM
Snake boys trolling doesn’t work on me anymore :lol
:tu
I'll always have RandomGuy tho :lol
baseline bum
01-27-2021, 05:43 PM
:tu
I'll always have RandomGuy tho :lol
Bend over, you can have another random guy if you want.
ElNono
01-27-2021, 06:31 PM
Not necessary "more important", but "more urgent". Obviously ending a pandemic is important but from a long term standpoint the national debt is by far the worse problem.
Biden needs to take a page of out Clinton's playbook (the president, not the coattail riding dyke). Jack up corporate taxes because trickle down is BS. Eliminate BS tax breaks for large corporations. Along with that, install a salary cap for individuals in executives of a corporation (maybe $1 Million per year salary) because the salaries of CEOs, CIOs, CTOs, e.g. in the top 1% is downright ridiculous.
Reduce or eliminate US military involvement in the Middle East. Re-negotiate defense contract deals. We need sequestration, not more stimulus. These stimuli have gotten out of hand and we will face major inflation if something is not done soon to curb that. Both raising taxes on the high-wealth and corporations AND slashing government spending should be priority. The current national debt is at $28 Trillion and rising with each stimulus "package". The USA has not seen a budget surplus year since the Clinton administration.
The 1990s were the richest time in America before s*** started hitting the fan. We need contractionary policy ASAP to return to that and with the goal of reducing the national debt to zero by Jan. 1, 2025.
No, and you have no idea what you're talking about. I'm all for cutting superfluous spending, but in the current state of the economy, it's ridiculous to pretend a balanced budget. It's actually suicide.
The 90s were the richest largely thanks to a market bubble called the dotcom bubble, has nothing to do with balanced budgets.
Ef-man
01-27-2021, 06:36 PM
Highest percentage of the budget goes to defense.
Send me lots and lots of money.
Highest percentage of the budget goes to defense.
No shit?
UNT Eagles 2016
01-27-2021, 07:08 PM
Show me one thread you made pre-2020 that was critical of the Trump 2017 tax scam.
:lol Mitt Romney, the guy who was going to reduce the deficit by cutting taxes for the rich. Mitt Romney’s entire campaign was built around bootstrap capitalism and trickle down economics.
Not sure exactly where, but it's there somewhere. Meanwhile, I do have this nugget from that time frame:
https://www.spurstalk.com/forums/showthread.php?t=273250
UNT Eagles 2016
01-27-2021, 07:09 PM
Highest percentage of the budget goes to defense.
Re-negotiate the defense contracts and cut veterans pay. I vote for Sequestration across the board like what we saw in January 2013 from Obama, but on a MUCH greater scale.
DarrinS
01-27-2021, 07:43 PM
Highest percentage of the budget goes to defense.
Of discretionary budget
Mandatory spending is double discretionary and 66% of that goes to SS, Medicare, and Medicaid
ElNono
01-27-2021, 07:53 PM
Need this one with Biden's face on it, tbh...
https://media3.giphy.com/media/DGXTgCwSlf9Is/200.gif
Ef-man
01-27-2021, 07:58 PM
Of discretionary budget
Mandatory spending is double discretionary and 66% of that goes to SS, Medicare, and Medicaid
We need to dump Space Force.
daslicer
01-27-2021, 08:02 PM
Only once in it's history has the US paid off it's debt. That was when Andrew Jackson was president and paid it off in 1835. It only lasted for 2 years due to the banks printing money at a ridiculous rate and the land bubble popping. We have set up a system to always be in debt.
https://www.npr.org/sections/money/2011/04/15/135423586/when-the-u-s-paid-off-the-entire-national-debt-and-why-it-didnt-last
DarrinS
01-27-2021, 08:32 PM
We need to dump Space Force.
Fine by me. I'm all about reducing the number of govt jobs.
Guess who is America's highest paid federal employee.
Winehole23
01-27-2021, 08:36 PM
Fine by me. I'm all about reducing the number of govt jobs.
Guess who is America's highest paid federal employee.College football coaches get way more, they're often state employees, right?
spurraider21
01-27-2021, 08:58 PM
Highest percentage of the budget goes to offense.
spurraider21
01-27-2021, 09:02 PM
Fine by me. I'm all about reducing the number of govt jobs.
Guess who is America's highest paid federal employee.
to be fair he holds two jobs
pgardn
01-27-2021, 09:04 PM
College football coaches get way more, they're often state employees, right?
They are paid for out of the athletic budget basically. Boosters can "give" money for this.
So actually not really. Also the big business done with shoe companies etc...
pgardn
01-27-2021, 09:06 PM
Of discretionary budget
Mandatory spending is double discretionary and 66% of that goes to SS, Medicare, and Medicaid
Medicare and Medicaid go to the health care system?
We took care of the health care system problem the last four years?
leemajors
01-27-2021, 10:51 PM
Bend over, you can have another random guy if you want.
:lmao
N0 LyF3 ScRuB
01-28-2021, 08:10 AM
Need this one with Biden's face on it, tbh...
https://media3.giphy.com/media/DGXTgCwSlf9Is/200.gif
Accurate as fuck
RandomGuy
03-03-2021, 11:58 AM
:tu
I'll always have RandomGuy tho :lol
Smoochies.
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