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Thread: There Is Simply Not Enough Revenue. The Deficit Is Too Large. Debt Is Out Of Control.

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    Quote Originally Posted by Sirthinksalot View Post
    Then let's cut spending.
    I've got a better idea...

    ...LET'S INCREASE SPENDING...on the many projects the government SHOULD be spending money on.

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    Quote Originally Posted by anonymoose View Post
    Physicians who see an avg. of four patients a day that have nothing more than the sniffles. They're rampant in the VA.
    Horse shit!

    Absolute horse shit.

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    Quote Originally Posted by jimmymccready View Post
    If the OP is true, then disaster awaits the country.
    The OP is on the mark.

    And, unfortunately, SO IS YOURS.

    I think it is more likely by far that disaster will hit the country...

    ...than that we will do what is necessary to prevent disaster.

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    Quote Originally Posted by PoliTalker View Post
    Revenue: $3.3 Trillion.

    Federal Budget $4.1 Trillion.

    We do not have enough revenue to cover our budget.

    Read the numbers yourself. The numbers don't lie. Here's all the numbers:

    US DebtClock

    $841 billion. That's the current deficit.

    That figure represents how much less revenue exists to compared to our budget.

    That means, every year at that difference, we add another nearly trillion dollars to the debt.

    That is unacceptable. We cannot continue to do that. Going bankrupt will be far worse than raising taxes on the rich.

    PoliTalker anti-troll thread thief disclaimer:

    We are not collecting enough taxes to pay for our country. We have to raise taxes, and the increase must be born mostly be the rich, because they have benefited the most from our economy.

    When the economy is doing well, we are collecting the most revenue possible under the current tax structure.

    When the economy is doing poorly, less revenue comes in.

    If we have a recession, the deficit is going to shoot up even higher.

    It is irresponsible for us to be giving the most advantaged people in our country a big tax cut when not enough revenue is coming in to pay the bills.

    If we can't reduce the deficit during a good economy, we will NEVER be able to do it during a recession.

    People lose jobs during a recession. They depend on the government safety net. Revenue drops during a recession.

    That's why we have to do it now.
    Take down the war machine of the empire, there's plenty of money. The Pentagon still cannot account for $21T it spent between 1998-2015, even after an "audit".

    We chose this state of affairs by being compliant and quiet.

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    Quote Originally Posted by Frank Apisa View Post
    Horse shit!

    Absolute horse shit.
    Ever work in a VA facility? I don't remember there being any bars in them.

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    Quote Originally Posted by Sirthinksalot View Post
    Then let's cut spending.
    First, stop lying that tax cuts for the rich pay for themselves and trickledown to the working class.

    Then, be honest and tell the voting public that your real intention is to gut or eliminate Medicare, Social Security, veterans benefits, food stamps, et al.

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    Quote Originally Posted by floridafan View Post
    Would you offer some recommendations on just what spending to cut?
    Wasteful spending like entitlements.

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    Quote Originally Posted by hvilleherb View Post
    Wasteful spending like entitlements.
    "Conservatives" have been very successful in branding something working people pay into all their working lives as "entitlements". They they tied "entitlements" to "them darkies are taking all your shit". Rather odd, since the time these MAGA folks want to go back to is the era of affirmative action for whites. GI Bill, FHA loans, tax rates of the mid 1950s; go look at what those were. It was a period of investment into american society that mostly enhanced the economic condition of whites alone.

    "Entitlements" were fine with everyone then.

    What you argue for is the continued societal wealth extraction, concentration, and redistribution to the Wall Street/donor/"job creator" class.

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    Quote Originally Posted by anonymoose View Post
    Cut out all the dead wood from the Army alone and that would reduce it by at least half.
    The Army is only one branch of the military.
    Total military spending for all branches is $590 billion
    In 2010 the Army was about 32% of total military budget.

    Deficit is $841 billion.

    Even if we eliminated the Army completely it wouldn't save half the deficit.
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    Quote Originally Posted by Poor Richard Saunders View Post
    The Army is only one branch of the military.
    Total military spending for all branches is $590 billion
    In 2010 the Army was about 32% of total military budget.

    Deficit is $841 billion.

    Even if we eliminated the Army completely it wouldn't save half the deficit.
    The Pentagon Can't Account for $21 Trillion (That's Not a Typo)
    https://www.truthdig.com/articles/th...r-21-trillion/

    Has Our Government Spent $21 Trillion Of Our Money Without Telling Us?
    https://www.forbes.com/sites/kotliko.../#7c2e4d8a7aef

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    Over 20% of the national debt is owned by the federal government. Over 10% is owned by the federal reserve that has to pay its profits to the federal government. As a result, a full third of the debt is an accounting allusion. 70% of the debt is held domestically, including that held by the government. It is held by insurance companies, retirement plans, college foundations, etc. We benefit from the debt domestically. The 30% held overseas is largely held by people who do it to generate dollars so they can have a steady supply to buy oil and trade with the US. There is no debt crisis.

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    Anyone who calls Medicare and SS "wasteful entitlements" are working for Russia.

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    Quote Originally Posted by Sirthinksalot View Post
    Then let's cut spending.
    why?

    to fuck America up yet again like you idiot always insist on doing?

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    Republicans always scream that government does not work

    and then they get elected and prove it



    the internets makes it much harder for their lies to stand

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    Quote Originally Posted by hvilleherb View Post
    Wasteful spending like entitlements.
    Thats money that YOU and I have already paid for.

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