3.3% GDP !

archives said:
Ah, your point was that "any debt will get mitigates by dynamic growth," same "point" the GOP is employing to rationalize its efforts, but that is conjecture, the growth part is assumed, as I noted, another voodoo economics argument, been there, done that, recall "Reagon proved deficits don't count"
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it's minutia.
what needs to be done to fund the upcoming entitlement crunch ( and now add in Medicade Expansion) is GROWTH.
You can't raise enough revenue by raising taxes, and you take a real risk of causing a slowdown if you do.

Relax. Be Happy. Enjoy the MAGA :)
 
anatta said:
it's minutia.
what needs to be done to fund the upcoming entitlement crunch ( and now add in Medicade Expansion) is GROWTH.
You can't raise enough revenue by raising taxes, and you take a real risk of causing a slowdown if you do.

Relax. Be Happy. Enjoy the MAGA :)
Click to expand...

It's not like the $1.5 trillion is the only amount he's going to add to it, anatta.
 
Thing1 said:
Thanks. In a way, I'm glad they don't see anything for a few years. A lot can happen to change the course of things.

One thing I'd like to see Trump more committed to is the debt. I have always seen that issue as a silver lining when a Republican is elected, but they always let me down, and Trump doesn't look to be any different. They always talk such a big game on it, but I think donors still hold all of the cards in DC.
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He'll only grow the debt. The debt is in entitlements and the military. He won't touch entitlements and wants to increase military spending.
 
Thing1 said:
Thanks. In a way, I'm glad they don't see anything for a few years. A lot can happen to change the course of things.

One thing I'd like to see Trump more committed to is the debt. I have always seen that issue as a silver lining when a Republican is elected, but they always let me down, and Trump doesn't look to be any different. They always talk such a big game on it, but I think donors still hold all of the cards in DC.
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gotta get growth to cut the debt..we can't do it otherwise unless we cut spending -and that aint gonna happen!
 
archives said:
If it only was "that simple," and if "all those monies that have been sitting on the sidelines is now being put back into the economy" why do we need a tax cut?
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It is that simple. I would like to keep more of the money I make. How about you?
 
anatta said:
it's minutia.
what needs to be done to fund the upcoming entitlement crunch ( and now add in Medicade Expansion) is GROWTH.
You can't raise enough revenue by raising taxes, and you take a real risk of causing a slowdown if you do.

Relax. Be Happy. Enjoy the MAGA :)
Click to expand...

Nobody is talking about raising taxes, the question rather is if all is as rosy as you state now why would you cut taxes
 
archives said:
If it only was "that simple," and if "all those monies that have been sitting on the sidelines is now being put back into the economy" why do we need a tax cut?
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Another liberal myth. Do you think the rich keep their money in mattresses? Money is never completely "sitting on the sidelines".

Where's that example of a federal tax cut that added to the debt? I'm still waiting.
 
cawacko said:
He'll only grow the debt. The debt is in entitlements and the military. He won't touch entitlements and wants to increase military spending.
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You do realize the military equipment is in bad shape?
Have you seen the recent training crashes due to old equipment?

Let's cut the 4 $Trillion interventionism by Bush. Or the nation building in Afghanistan by Bush/Obama.

That will help.
 
You should cut taxes and boost spending while growth is bad. You don't do it while growth is good. Why do Republicans always act procyclically? How much good did massive tax cuts right after the largest boom in decades in the 90's do? Oh, not that much, did it? Now is the time to *constrain* the animal spirits of the market in the interest of long term, sustainable growth. What you're doing now is just throwing sugar in the brew, there will be a big boom, and then nothing.
 
countryboy said:
Another liberal myth. Do you think the rich keep their money in mattresses? Money is never completely "sitting on the sidelines".

Where's that example of a federal tax cut that added to the debt? I'm still waiting.
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Then why is it corporations have been recording record profits for the past three to four years and wages have still remained stagnant?

And going to back to the 1980's, especially since 2003, tax cuts have added to the debt
 
anatta said:
You do realize the military equipment is in bad shape?
Have you seen the recent training crashes due to old equipment?

Let's cut the 4 $Trillion interventionism by Bush. Or the nation building in Afghanistan by Bush/Obama.

That will help.
Click to expand...

Like any other organization the military can learn to better spend its money. I'm not sitting here saying we need massive cuts to the military. In fact I was just stating why the debt isn't going down. But there is nothing wrong with forcing the military to be smarter on how it budgets.
 
archives said:
Then why is it corporations have been recording record profits for the past three to four years and wages have still remained stagnant?

And going to back to the 1980's, especially since 2003, tax cuts have added to the debt
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No they haven't. Spending added to the debt. Tax cuts always correspond with increased revenue. Show me some data that demonstrates otherwise. You cannot, it doesn't exist.
 
archives said:
Then why is it corporations have been recording record profits for the past three to four years and wages have still remained stagnant?

And going to back to the 1980's, especially since 2003, tax cuts have added to the debt
Click to expand...

it's simple, you have to cut spending
 
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