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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: |
01-23-2020, 03:09 PM
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#1
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Registered User
Join Date: Jul 2004
Posts: 10,306
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Quote:
Originally Posted by Jim in CT
meanwhile we’re all broke because the GOP tax cuts gave everything to the Koch brothers. Grim times, indeed.
Posted from my iPhone/Mobile device
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With the way Trump is running up the debt, the country will be broke. But hey it is a Repub. admin. so who cares. |
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01-23-2020, 03:12 PM
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#2
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by PaulS
With the way Trump is running up the debt, the country will be broke. But hey it is a Repub. admin. so who cares.
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Uggghh . . . I know it has already been mentioned a few times, but . . . Congress is in charge of the debt. Just sayin. |
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01-23-2020, 03:35 PM
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#3
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Registered User
Join Date: Jul 2004
Posts: 10,306
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Quote:
Originally Posted by detbuch
Uggghh . . . I know it has already been mentioned a few times, but . . . Congress is in charge of the debt. Just sayin.
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Fortunately (or unfortunately) it is the President who it usually is attributed to.
Trump did have a small part in lowering taxes which is reflected in the deficit. |
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01-23-2020, 03:51 PM
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#4
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by PaulS
Fortunately (or unfortunately) it is the President who it usually is attributed to.
Trump did have a small part in lowering taxes which is reflected in the deficit.
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Federal government revenues have gone up in spite of the tax cuts. Tax cuts were part of the total equation. They helped to greatly expand the whole economy, which resulted in greater government revenues. Can't believe that we constantly have to point this stuff out.
So, if revenues have gone up, it's Congress's duty to wisely spend, and it is its profligacy, not the tax cuts, that is the reason that the debt keeps rising. |
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01-23-2020, 04:04 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 detbuch
Federal government revenues have gone up in spite of the tax cuts. Tax cuts were part of the total equation. They helped to greatly expand the whole economy, which resulted in greater government revenues. Can't believe that we constantly have to point this stuff out.
So, if revenues have gone up, it's Congress's duty to wisely spend, and it is its profligacy, not the tax cuts, that is the reason that the debt keeps rising.
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overall revenues are up? interesting to know.
Posted from my iPhone/Mobile device |
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01-23-2020, 05:50 PM
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#6
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,657
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Quote:
Originally Posted by PaulS
With the way Trump is running up the debt, the country will be broke. But hey it is a Repub. admin. so who cares.
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Republicans of old did have concerns about debt. |
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01-23-2020, 05:55 PM
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#7
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by Got Stripers
Republicans of old did have concerns about debt.
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Could be a dying breed those pols of either party who had such "concerns." |
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