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Republicans are completely reversing themselves on the deficit; Wassup?
Topic Started: Feb 8 2018, 10:08 AM (158 Views)
George Aligator
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“If you were against President Obama’s deficits, and now you’re for the Republican deficits, isn’t that the very definition of hypocrisy?”

So much for all that sanctimony about fiscal responsibility. Forever and always, it can now be said that Republican lawmakers care about the federal deficit only when they want to use it to bash Democratic presidents.

After embracing $1.5 trillion in debt by slashing taxes on corporations and wealthy families in December, the Republican leaders in Congress pushed through a two-year budget deal on Friday that will increase spending by nearly $400 billion. While a lot of that money will be spent on important priorities like disaster relief, infrastructure and education, a big chunk of it will go to an excessive and unnecessary military buildup. Contrast this with the parsimony Republican lawmakers displayed in 2011 when they refused to raise the federal debt limit until President Barack Obama agreed to deep cuts to government programs.


https://www.nytimes.com/2018/02/10/opinion/sunday/republicans-deficit-debt.html
Conservatism is a social disease
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CautionaryTales
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jake58
Feb 8 2018, 07:40 PM
Coast2coast
Feb 8 2018, 07:21 PM
jake58
Feb 8 2018, 07:13 PM
StillCrazy1
Feb 8 2018, 05:44 PM
thoughtless
Feb 8 2018, 01:06 PM
And as the interest rate goes up, so does the cost of that debt.

Oh well, maybe the young folks in our country will be able to straighten our this mess, once we're dead. I just hope it doesn't get so bad to give them motivation accelerate the death thing.
The interest rates going up will reward those who save money. Too bad the only ones able to save and doing so are the 1%
If the combined govts weren't taking half your money, you'd probably have some to save. Should have asked someone over the last 20 years why state and local taxes have exploded while your income has been flat.
You're taxed at 50%???

Geez! :oyvey Who does your taxes?



I pay over $12k just to live in my house thanks to the generosity of the Socialist State of NJ($1250/year when I bought it)... federal income tax, state income tax, 6.625 sales tax, about 60 cents per gallon of gas, I already gave you my property taxes(no kids and I live in a rural area which has virtually no services - no police, fire or trash pickup), licensing fees for my business, car/truck/trailer registrations, tolls for bridges/roads, I'm sure there's dozens more I'm not including... yep, approaching 50% of my income.
Delaware.


Have you paid your internet taxes?
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