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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
10-26-2019, 04:51 PM
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#1
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,481
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Quote:
Originally Posted by Jim in CT
And how about Obama's stimulus, which he said would keep unemployment below 8%, and it then shot to 10%? That $750 billion stimulus, that didn't add to the deficit? His policy of quantitative easing didn't add to the deficit?
Obamacare didn't add to the deficit?
Since you brought this up but are still denying mathematical facts, here all the annual deficits for the last few years, without any cherry picking, because I'm not trying to prove a partisan point...
2019 - $960 billion budget deficit (projected)
2018 - $779 billion budget deficit
2017 - $665 billion budget deficit
2016 - $585 billion budget deficit
2015 - $439 billion budget deficit
2014 - $514 billion budget deficit
2013 - $719 billion budget deficit
2012 - $1.1 trillion budget deficit
2011 - $1.3 trillion budget deficit
2010 - $1.3 trillion budget deficit
2009 - $1.4 trillion budget deficit
2008 - $455 billion budget deficit
SO you tell me Pete, who is responsible for the largest deficits? What do the facts tell you? If I posted unemployment by year, that would also send you running to hide under your bed.
Who is lying? Gimme a break...
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So what you’re saying is that Obama, who inherited a record deficit, yet managed to slash it dramatically over his term, which was passed to Trump, who even with a strong economy has managed to get us back to a trillion dollar deficit.
I’ve got that right?
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10-26-2019, 05:06 PM
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#2
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by spence
Obama, who inherited a record deficit, yet managed to slash it dramatically over his term,
Posted from my iPhone/Mobile device
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this is so dumb
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10-26-2019, 05:08 PM
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#3
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
So what you’re saying is that Obama, who inherited a record deficit, yet managed to slash it dramatically over his term, which was passed to Trump, who even with a strong economy has managed to get us back to a trillion dollar deficit.
I’ve got that right?
Posted from my iPhone/Mobile device
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Obama inherited (again, he was in the US Senate, he didn't walk in off the street, but OK) a lousy economy and two wars. SO no one can expect him not to spend some money. But the stimulus was a $750B flop (I don't know a single person who benefitted from it, and even Obama laughed that he was way off about projects being shovel ready), and Obamacare is also his to own for good and bad.
Trump inherited good momentum, he did things differently, and has brought deficits way back up. I never denied that. But I also know a ton of people who have personally benefitted from Trumps spending, at least.
I'm not denying, conflating, or cherry picking. I don't have to, because unlike you, I can happily admit the good things the other side does and the stupid things my side does. You of all people aren't capable of that, not even close.
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10-26-2019, 05:35 PM
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#4
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,435
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Quote:
Originally Posted by Jim in CT
Trump inherited good momentum, he did things differently, and has brought deficits way back up. I never denied that. But I also know a ton of people who have personally benefitted from Trumps spending, at least.
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For the moment, remember the middle class tax cuts expire shortly, the deficit is increasing in an economic expansion and fewer people have health insurance which will shift costs onto those who do, further raising rates in a upward spiral and making it less affordable.
So what’s left when the inevitable downturn occurs?
And you said some people did something.
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
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Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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10-26-2019, 07:00 PM
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#5
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by Pete F.
For the moment, remember the middle class tax cuts expire shortly, the deficit is increasing in an economic expansion and fewer people have health insurance which will shift costs onto those who do, further raising rates in a upward spiral and making it less affordable.
So what’s left when the inevitable downturn occurs?
And you said some people did something.
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
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"remember the middle class tax cuts expire shortly"
I'm confident they'll be renewed, but having them for a while is a lot better than never having them.
"the deficit is increasing in an economic expansion"
That's bad, as I've said.
"fewer people have health insurance which will shift costs onto those who do, further raising rates in a upward spiral and making it less affordable"
I wasn't aware that when Obamacare added more people to insurance rolls, that lowered the cost for those who already had private insurance. In fact, I know for a fact that's not what happened. Quite the opposite in fact, because people on the exchanges had low reimbursement rates to health care providers, meaning they had to charge higher rates to those in the private sector. Spiraling medical costs are not caused by one party or the other.
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10-26-2019, 07:10 PM
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#6
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by Jim in CT
"remember the middle class tax cuts expire shortly"
I'm confident they'll be renewed, but having them for a while is a lot better than never having them.
"the deficit is increasing in an economic expansion"
That's bad, as I've said.
"fewer people have health insurance which will shift costs onto those who do, further raising rates in a upward spiral and making it less affordable"
I wasn't aware that when Obamacare added more people to insurance rolls, that lowered the cost for those who already had private insurance. In fact, I know for a fact that's not what happened. Quite the opposite in fact, because people on the exchanges had low reimbursement rates to health care providers, meaning they had to charge higher rates to those in the private sector. Spiraling medical costs are not caused by one party or the other.
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And Congress is responsible for the deficit.
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10-26-2019, 08:27 PM
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#7
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,435
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Quote:
Originally Posted by detbuch
And Congress is responsible for the deficit.
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Since apparently Trump bears no responsibility for anything why is he so important to you?
Posted from my iPhone/Mobile device
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Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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10-26-2019, 09:07 PM
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#8
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by Pete F.
Since apparently Trump bears no responsibility for anything why is he so important to you?
Posted from my iPhone/Mobile device
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"no responsibility for anything"--again with the extremism.
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