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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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![]() 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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"Patriotism is the exact opposite of nationalism. Nationalism is a betrayal of patriotism. By putting our own interests first, with no regard for others, we erase the very thing that a nation holds dearest, and the thing that keeps it alive: its moral values." French President Emmanuel Macron |
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If Democrats were confident their nominee actually received more than 80 million votes they wouldn't have more troops occupying Washington, DC than Lincoln had defending the city during the Civil War. Not Joe Biden, Kim Jung Biden. ![]() |
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![]() No...
![]() The Myth of Americans' Poor Life Expectancy Quote:
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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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"Patriotism is the exact opposite of nationalism. Nationalism is a betrayal of patriotism. By putting our own interests first, with no regard for others, we erase the very thing that a nation holds dearest, and the thing that keeps it alive: its moral values." French President Emmanuel Macron |
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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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"You get the respect that you give" - cnredd |
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"Patriotism is the exact opposite of nationalism. Nationalism is a betrayal of patriotism. By putting our own interests first, with no regard for others, we erase the very thing that a nation holds dearest, and the thing that keeps it alive: its moral values." French President Emmanuel Macron |
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![]() And they want wall street to pay for it. ![]()
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and, any, are, can, dead, deficit, few, hawks, muster, outrage, washington |
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