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Where are the teabaggers?

By thomasdong1776 follow thomasdong1776   2020 Feb 13, 6:28pm 730 views   20 comments   watch   nsfw   quote   share    


US deficit surges 25% in fiscal 2020 and is $1.1 trillion over the past year

The budget deficit for the first four months of fiscal 2020 is $389.2 billion, the Treasury Department reported.
That’s a 25% gain from the same period a year ago.
Over the past 12 months, the gap has been nearly $1.1 trillion as the national debt has swelled past $23 trillion.

https://www.cnbc.com/2020/02/12/us-deficit-swells-25percent-in-fiscal-2020-up-1point1-trillion-over-past-year.html
1   Brd6   ignore (1)   2020 Feb 13, 6:41pm     ↓ dislike (0)   quote   flag      

I'd like to be optimistic, but I am not...
about teabaggers, Texas R's redistricted Ron Paul out of his district because he was telling mean things to them.
2   clambo   ignore (5)   2020 Feb 13, 6:52pm     ↓ dislike (0)   quote   flag      

When we get the House of Representatives back maybe we can do something about this.
Obamacare is a giant drain on the taxpayers. Fixing that would help.
Trump at least froze government goldbrick pay increases.
3   Brd6   ignore (1)   2020 Feb 13, 6:56pm     ↓ dislike (0)   quote   flag      

clambo says
When we get the House of Representatives back maybe we can do something about this.

ain't gonna work, R's had house for 2 yrs after tRUMP election and ZILCH!
Salary freeze is good, but without cuts to Medisomething and so-called defense aka handouts to Rayeton and Boeing nothing will work
4   marcus   ignore (11)   2020 Feb 13, 7:12pm     ↓ dislike (0)   quote   flag      

thomasdong1776 says
Where are the teabaggers?


Apparently they like the cut of great leader's jib. He's old, white, and his amoral sociopathic tendencies scare the crap out of most of those smarty pants elitist educated intelligent folks.

What's not to like ?
6   NoCoupForYou   ignore (2)   2020 Feb 13, 7:55pm     ↓ dislike (0)   quote   flag      

Oh look, the Economy is on fire, Unemployment at 50 year lows, strong wage gains not seen since the late 90s.

Predictions of economic collapse if OrangeManBad got in have been royally trounced and look ridiculous. Right down to the inability to work on the trade deficit and the inevitable rise of CHYNA.

All of a sudden the Democrats became Deficit Hawks, who woulda thunk it? I guess Medicare-for-all would be revenue-neutral, amirite?

7   marcus   ignore (11)   2020 Feb 13, 8:12pm     ↓ dislike (0)   quote   flag      

NoCoupForYou says
All of a sudden the Democrats became Deficit Hawks, who woulda thunk it?


Actually, going back to at least Clinton, democrats have been clearly way more fiscally responsible than republicans.

You're right. The economy has been decent (only), with gdp growth to the obama years. What is it now ?

This is in spite of Trump, not becasue of him. I think the economy would have been similar with Clinton, but with way less new debt. . Because of the lower deficit spending, we might have had a recession by now, but that has to happen sooner or later anyway.
8   NoCoupForYou   ignore (2)   2020 Feb 13, 8:42pm     ↓ dislike (0)   quote   flag      

marcus says
Actually, going back to at least Clinton, democrats have been clearly way more fiscally responsible than republicans.


Clinton was forced into it by a Republican takeover of Congress in 1994.

As for caring about Deficits, that's only when the Dems aren't in Power:
2004: Not tax cuts! Deficits Horrible!
Back then, a disapproving Krugman called the deficit "comparable to the worst we've ever seen in this country. ... The only time postwar that the United States has had anything like these deficits is the middle Reagan years, and that was with unemployment close to 10 percent." Take away the Social Security surplus spent by the government, he said, and "we're running at a deficit of more than 6 percent of GDP, and that is unprecedented."

2010: Spend and Spare Not, Obama

We must guard against "deficit hysteria." In "Fiscal Scare Tactics," his recent column, Krugman writes: "These days it's hard to pick up a newspaper or turn on a news program without encountering stern warnings about the federal budget deficit. The deficit threatens economic recovery, we're told; it puts American economic stability at risk; it will undermine our influence in the world. These claims generally aren't stated as opinions, as views held by some analysts but disputed by others. Instead, they're reported as if they were facts, plain and simple."

https://www.realclearpolitics.com/articles/2010/02/11/krugman_bushs_deficit_bad_obamas_deficit_good_100258.html

When Hillary was going to win and the Election Can't Possibly be rigged:
"Overwhelming case for surge in Public Investment" May 2016
http://www.nytimes.com/2016/05/23/opinion/remembrance-of-booms-past.html

After Trump won: "Deficits Matter Again" January 2017
https://www.nytimes.com/2017/01/09/opinion/deficits-matter-again.html
9   NoCoupForYou   ignore (2)   2020 Feb 13, 8:46pm     ↓ dislike (0)   quote   flag      

marcus says
This is in spite of Trump, not becasue of him. I think the economy would have been similar with Clinton, but with way less new debt. . Because of the lower deficit spending, we might have had a recession by now, but that has to happen sooner or later anyway.


Will Medicare-for-all be revenue neutral and not impact the Deficit and National Debt?
10   Chiromancer   ignore (0)   2020 Feb 13, 9:44pm     ↓ dislike (0)   quote   flag      

rd6B says
ain't gonna work, R's had house for 2 yrs after tRUMP election and ZILCH!


Much worse than nothing we got increases, trillion plus deficits for years and that assumes growth and no recession. The OP is correct the tea baggers choked on loose pubes and decided Trump and Congress can spend and tax cut till we are all taking wheel barrows full of cash to buy a bag of groceries. United States of Zimbabwe.
11   FuckTheMainstreamMedia   ignore (7)   2020 Feb 14, 6:45am     ↓ dislike (0)   quote   flag      

marcus says
NoCoupForYou says
All of a sudden the Democrats became Deficit Hawks, who woulda thunk it?


Actually, going back to at least Clinton, democrats have been clearly way more fiscally responsible than republicans.

You're right. The economy has been decent (only), with gdp growth to the obama years. What is it now ?

This is in spite of Trump, not becasue of him. I think the economy would have been similar with Clinton, but with way less new debt. . Because of the lower deficit spending, we might have had a recession by now, but that has to happen sooner or later anyway.


You are absolutely FOS.

Your idol and mentor repeatedly stated that debt could go to infinity provided that interest rates remained low.

Not one time did you counter that point. Not once.

Yet here we are.
12   Tenpoundbass   ignore (14)   2020 Feb 14, 7:33am     ↓ dislike (0)   quote   flag      

Maybe Trump is trying to spend all of the money so there wont be none left for the Liberal's forced gender reassignment surgery on our under 9yr old population.
It's a noble cause if you think about it.
13   socal2   ignore (1)   2020 Feb 14, 12:48pm     ↓ dislike (0)   quote   flag      

NoCoupForYou says
All of a sudden the Democrats became Deficit Hawks, who woulda thunk it?


Just like how all the Nancy-boys suddenly became Russia hawks under Trump.

The hypocrisy is head spinning.

That said, I understand why Trump didn't want to touch deficits in his first term since all of the Democrat hacks will run adds of Trump throwing grandma off the cliff. Here is hoping he does something on it in his second term.
14   FuckCCP89   ignore (6)   2020 Feb 14, 12:52pm     ↓ dislike (0)   quote   flag      

First they started to miss Dubya. Then rMoney. Now they miss Tea Party. But all of these were called LITERALLY HITLER not so long ago.
15   socal2   ignore (1)   2020 Feb 14, 1:04pm     ↓ dislike (0)   quote   flag      

The_Weeping_Ayatollah says
First they started to miss Dubya. Then rMoney. Now they miss Tea Party. But all of these were called LITERALLY HITLER not so long ago.


Yep.

They can choke on it.

16   NoCoupForYou   ignore (2)   2020 Feb 14, 1:32pm     ↓ dislike (0)   quote   flag      

The_Weeping_Ayatollah says
First they started to miss Dubya. Then rMoney. Now they miss Tea Party. But all of these were called LITERALLY HITLER not so long ago.


Fact Check: 100% TRUE






BuSShHitler!
17   HeadSet   ignore (3)   2020 Feb 14, 1:46pm     ↓ dislike (0)   quote   flag      

OccasionalCortex says
socal2 says
They can choke on it.


...yeah, they can choke on Ivanka's clit!



Nice dig at the Dems, but we do not need any more Clinton, Bush, Obama, or Trump relatives or offspring running for President. I predict Nikki Haley will be the first female President.
18   just_adhom_preaching   ignore (4)   2020 Feb 14, 11:33pm     ↓ dislike (0)   quote   flag      

Some guy who's into dongs is looking for someone to tea bag him?

Wait.

I don't get it.
19   Tenpoundbass   ignore (14)   2020 Feb 15, 9:17am     ↓ dislike (0)   quote   flag      

HeadSet says
I predict Nikki Haley will be the first female


I predict Candice Owens will squeeze her out in the primary but someone like Tim Kaine will go on to win.
America is that fucking stupid.
20   Brd6   ignore (1)   2020 Feb 15, 9:46am     ↓ dislike (0)   quote   flag      

I am all for tax cuts which tRUMP did, but his proposed budget cuts so far are similar to the ones proposed by the Onion:

https://politics.theonion.com/gop-completely-fixes-economy-by-canceling-funding-for-n-1819572524

WASHINGTON—Unemployment plummeted and stocks soared Tuesday after Republican leaders fulfilled their promise to cut funding for National Public Radio, a budgetary move that has completely rejuvenated the flagging U.S. economy. "Since eliminating federal spending for NPR, America's economic outlook is brighter than it's been in decades, with manufacturing on the rise and millions of jobs once sent overseas now returning to our shores," said Sen. Mark Kirk (R-IL), adding that by eliminating funds for NPR, the deficit has been slashed by 0.000004 percent and a newly thriving middle class once again has cause to believe in the American dream. "Pulling funding for Car Talk and Planet Money alone has created 4.2 million jobs and generated a $2 trillion budget surplus." Republicans announced Thursday they will now turn their attention to cutting the National Park Service, a move that should ensure Social Security's solvency for the next 350 years.

Cutting NPR funding is a good thing, but it is not a solution. If tRUMP gets re-elected and does nothing with respect to budget balancing, then he is just another typical politician.

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