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Economics Discuss Deficit hawks are dead, and few in Washington can muster any outrage at the Political Forums; Federal Budget !!! Bah Humbug, why does a $2 trillion annual budget deficit matter? <The deficit hawks are dead.> <Their ...

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Old 09-15-2018, 09:24 PM
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Default Deficit hawks are dead, and few in Washington can muster any outrage

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
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Old 09-16-2018, 02:03 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

Amazing isn't it. They are so corrupt. I hope the progressives take the congress to a more honorable place. They are the only "other" we have right now.
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Old 09-16-2018, 07:35 AM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Amazing isn't it. They are so corrupt. I hope the progressives take the congress to a more honorable place. They are the only "other" we have right now.
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.
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Old 09-16-2018, 03:14 PM
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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.



"socialized medicine "
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Old 09-16-2018, 03:23 PM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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"socialized medicine "
No...

The Myth of Americans' Poor Life Expectancy

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It’s one of the most oft-repeated justifications for socialized medicine: Americans spend more money than other developed countries on health care, but don’t live as long. If we would just hop on the European health-care bandwagon, we’d live longer and healthier lives. The only problem is it’s not true.
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Old 09-16-2018, 04:28 PM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Good info, but don't expect the fascists supporting universal healthcare to admit it.
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Old 09-16-2018, 04:40 PM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Hong Kong 84.462 years 1
Japan 83.995 years 2
Italy 83.686 years 3
Singapore 83.608 years 4
Switzerland 83.489 years 5

United States 79.501 years 45

That's a hard number to ignore.
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Old 09-16-2018, 05:20 PM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Hong Kong 84.462 years 1
Japan 83.995 years 2
Italy 83.686 years 3
Singapore 83.608 years 4
Switzerland 83.489 years 5

United States 79.501 years 45

That's a hard number to ignore.
Because Lefties ignore the actual facts..

Homicides and fatal injuries (such as car accidents) are entered into the numbers when they should NOT...

You take those out and the USA is ranked number ONE...
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Old 09-16-2018, 07:11 PM
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Default Re: Deficit hawks are dead, and few in Washington can muster any outrage

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Because Lefties ignore the actual facts..

Homicides and fatal injuries (such as car accidents) are entered into the numbers when they should NOT...

You take those out and the USA is ranked number ONE...
I would give some thought to this study if the author(Avik Roy) of it was not the President and co-founder the of the Foundation for Research on Equal Opportunity. PLUS the extenuating circumstances of Daniel Garza sits on FREOPP's Board of Directors and has ties to the Koch Brothers.
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Old 09-17-2018, 12:13 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.
yeah
And they want wall street to pay for it.
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