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Economics Discuss Deficit hawks are dead, and few in Washington can muster any outrage at the Political Forums; Originally Posted by treedancer The increase this year was more than likely because of tRumpCare started with this executive order ...

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Old 09-18-2018, 06:18 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by treedancer View Post
The increase this year was more than likely because of tRumpCare started with this executive order issued on Oct. 12, 2017. Say goodbye to health care from 23 million Americans, protections for people with pre-existing conditions.


https://www.cbo.gov/sites/default/fi...natepassed.pdf
Great. Tell my why my ins premiums increased by more than double and my deductible went through the roof a year after Obamacare was passed.
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Old 09-18-2018, 06:42 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Oh please, so-called Progressives want massive new spending for socialized medicine, free college and open borders to invite even more future Democrat welfare recipients in. If they offer any explanation of how to pay for this largesse it's bromides like tax the rich.
Why is there this constant misrepresentation of the truth by the right when it comes to what "progressive" Democrats want? It's useless to even go into debunking the right-wing myths (e.g. The Democratic Platform for 2016 never called for open borders and no Democrats support open borders).
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Old 09-18-2018, 06:51 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by GetAClue View Post
Great. Tell my why my ins premiums increased by more than double and my deductible went through the roof a year after Obamacare was passed.
Well, the PPACA (Obamacare) was passed in 2010 so there's one thing we do know.

Why your insurance premiums "more than doubled" and why your deductibles went "through the roof" in 2011 may be unknown but we do know that it didn't have anything to do with Obamacare because Obamacare didn't become effective until 2013.
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Old 09-18-2018, 06:56 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by ShivaTD View Post
Well, the PPACA (Obamacare) was passed in 2010 so there's one thing we do know.

Why your insurance premiums "more than doubled" and why your deductibles went "through the roof" in 2011 may be unknown but we do know that it didn't have anything to do with Obamacare because Obamacare didn't become effective until 2013.
It may not have become effective until 2013, but that didn't stop insurers from beginning to collect excessive premiums as soon as they could to begin to recoup costs that they saw were coming their way.
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Old 09-18-2018, 08:03 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by treedancer View Post
<Given possible high ground on the issue, Democrats have largely fielded a crop of candidates across the nation who have ignored, played down or outright rejected the significance of the still-deficits.>

<If Democrats retake the House in November’s midterms, it will be the first time in more than 70 years the majority has flipped without deficits or government overreach playing some key role in creating the backlash to the party in power.>
I'm not sure these two statements are accurate.

Democrats and many of Independents have been very vocal in condemning the GOP tax cuts where, in the end, 81% of the financial benefits end up in the pockets of the top 1% of income households. The GOP tax cuts from 2017 are the only tax cuts in memory that had a negative (-14%) approval rating making them more unpopular that the tax increases under Clinton (-11%) and George "Read My Lips" H.W. Bush (-10%). The GOP tax cuts were not only unpopular at the time they've become more unpopular as time has passed which is why GOP candidates are not mentioning them in their campaigns but Democratic candidates have been mentioning those tax cuts

When the issue of taxation is brought up during campaigns, and it always is, we can be sure that the Democrats will be talking about reversing the 2017 GOP tax cuts for the wealthy that are being paid for with more federal borrowing (deficit spending). In fact they've been talking about this since the day the Republicans proposed the tax cuts.

More importantly there's been a fundamental shift that's worth noting.

Historically Democrats have always pushed for revisions to the tax codes to increase federal revenues to pay for federal expenditures. They gained a reputation as "tax and spend Democrats" because of their advocacy for increased taxes to pay for increased spending. If taxes are increased to pay for increased spending then deficits don't exist.

Historically Republicans have opposed tax increases to fund new or increased authorized expenditures and that causes deficits. Additionally Republicans have often pushed for "revenue neutral" tax cuts (that predominately reduce taxes on the wealthy) while the authorized expenditures continued to increase and that also creates deficits.

In 2017 the Republicans discarded the "revenue neutral" requirement for tax cuts and became "Cut, Borrow, and Spend Republicans" as they slashed taxes for the super-wealthy, increased spending, and used borrowing to cover the costs of the tax cuts. That's the cause of the soaring deficits the CBO is projecting.

I believe that Democrats are going to address this just like the American people are addressing it in condemning the GOP tax cuts from 2017.
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Based upon the corruption, brutality, inhumanity, immorality, dishonesty, and incompetence of the Trump administration the White House is the dirtiest house in America and there's no known cleanser that with remove the stains of the Trump Administration.
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Old 09-18-2018, 09:08 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by ShivaTD View Post
I'm not sure these two statements are accurate.

Democrats and many of Independents have been very vocal in condemning the GOP tax cuts where, in the end, 81% of the financial benefits end up in the pockets of the top 1% of income households. The GOP tax cuts from 2017 are the only tax cuts in memory that had a negative (-14%) approval rating making them more unpopular that the tax increases under Clinton (-11%) and George "Read My Lips" H.W. Bush (-10%). The GOP tax cuts were not only unpopular at the time they've become more unpopular as time has passed which is why GOP candidates are not mentioning them in their campaigns but Democratic candidates have been mentioning those tax cuts

When the issue of taxation is brought up during campaigns, and it always is, we can be sure that the Democrats will be talking about reversing the 2017 GOP tax cuts for the wealthy that are being paid for with more federal borrowing (deficit spending). In fact they've been talking about this since the day the Republicans proposed the tax cuts.

More importantly there's been a fundamental shift that's worth noting.

Historically Democrats have always pushed for revisions to the tax codes to increase federal revenues to pay for federal expenditures. They gained a reputation as "tax and spend Democrats" because of their advocacy for increased taxes to pay for increased spending. If taxes are increased to pay for increased spending then deficits don't exist.

Historically Republicans have opposed tax increases to fund new or increased authorized expenditures and that causes deficits. Additionally Republicans have often pushed for "revenue neutral" tax cuts (that predominately reduce taxes on the wealthy) while the authorized expenditures continued to increase and that also creates deficits.

In 2017 the Republicans discarded the "revenue neutral" requirement for tax cuts and became "Cut, Borrow, and Spend Republicans" as they slashed taxes for the super-wealthy, increased spending, and used borrowing to cover the costs of the tax cuts. That's the cause of the soaring deficits the CBO is projecting.

I believe that Democrats are going to address this just like the American people are addressing it in condemning the GOP tax cuts from 2017.
Quote:
<Given possible high ground on the issue, Democrats have largely fielded a crop of candidates across the nation who have ignored, played down or outright rejected the significance of the still-deficits.>

<If Democrats retake the House in November’s midterms, it will be the first time in more than 70 years the majority has flipped without deficits or government overreach playing some key role in creating the backlash to the party in power.>
Given this crazy/Sociopathic president, all things are on the table.Whoda thunk our president would ratting out our intelligence services
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Old 09-18-2018, 09:47 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by ShivaTD View Post
Why is there this constant misrepresentation of the truth by the right when it comes to what "progressive" Democrats want? It's useless to even go into debunking the right-wing myths (e.g. The Democratic Platform for 2016 never called for open borders and no Democrats support open borders).
Than why are liberals protesting in the streets calling for open borders, free college, and free healthcare? Why are so many Democrat Politian's turning to socialism as a platform? All this stuff is considered "Progressive". You can pretend that is not what the left is doing, but it is very easy to see which way they are going.
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Old 09-19-2018, 05:35 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Originally Posted by treedancer View Post
Federal Budget !!! Bah Humbug, why does a $2 trillion annual budget deficit matter?


<The deficit hawks are dead.>

<Their demise technically came Tuesday when the Congressional Budget Office calculated the federal deficit at $895 billion for the first 11 months of fiscal 2018 — a stunning gap that was met with a collective shrug on Capitol Hill.>

<But the real death of the deficit hawks came late last year and early this year, as Republicans such as House Speaker Paul D. Ryan (Wis.) who had railed against deficits in the first years of the Obama administration pushed through a massive tax cut despite CBO projections of a surge in federal borrowing.>

<Given possible high ground on the issue, Democrats have largely fielded a crop of candidates across the nation who have ignored, played down or outright rejected the significance of the still-growing deficits.>

<If Democrats retake the House in November’s midterms, it will be the first time in more than 70 years the majority has flipped without deficits or government overreach playing some key role in creating the backlash to the party in power.>

<In 1994, when Republicans won the House majority for the first time in 40 years, Newt Gingrich’s troops campaigned against the emerging Clinton administration health-care plan, panned as “Hillarycare” for first lady Hillary Clinton, even though it never even got a vote in Congress. Once in power, Gingrich (R-Ga.) led a fiscal standoff over a bid to save $270 billion from Medicare, ending in a government shutdown around the 1995 holidays.>

<The 2006 switch came as a reaction to the war. Dozens of Blue Dog Democrats, as the fiscal conservatives were known, went on to impose a House rule known as “paygo,” a briefly held statute requiring offsetting cuts to any new spending.>

https://www.washingtonpost.com/power...=.fa4fcad663c6
Gingrich and Clinton managed to make the the budget better back in the day.
Hillary and Bill lost in the health care deal but dems never quit no matter how crazy the ideas.
While loud talking "tough" Republicans compromise on nearly all their so-called values and don't get much done.
And the Right wing voters don't mind much as long as the dems aren't doing it, and the Republican poltics wave the flag, slap the military on the back and talk about "protecting "America".
The voters have had chances to really deal with the debt but when it comes down to it most people are in fact satisfied with the status quo BS politicians lying about "balanced budgets", "walls", "family values" and "terrorist".





But But but ... he's an isolationist
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Last edited by mr wonder; 09-19-2018 at 05:51 AM..
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