Thought experiment for our liberal friends

C

canceled.2021.3

Former Vice President
As we are on the precipice of having tax cuts passed and signed by President Trump, I know that your hearts hurt. Being the deficit hawks that you are, you are massively concerned about adding to the national debt that Obama doubled during his two terms in office.

Of note, I have heard you all scream, wail and pound your fists that this tax cut will EXPLODE the debt by $1.5 trillion over 10 years

For the sake of argument let's assume that is true. That comes to $150 billion/year

For FY17 the Federal Gobblement confiscated $3.3 trillion from its citizens and it spent $3.98 trillion

That $150 billion represents 3.8% of FY17s federal outlays

So here is your thought experiment

Without touching the military, find $150 billion to cut in spending. Then you no longer have to worry about the debt or deficits and the problem is solved. I mean surely the federal gobblement can find 3.8% it can cut in spending can't it?

One good place to start would be Congressional slush funds to pay off accusers of sexual harassment.
 
Actually, I am going to throw you bitches a bone.

I said to exclude Military spending, but for the fuck of it, let's include it

I will allow $50 billion for completely eliminating all foreign aid (economic and military). That should please the anti semites amongst you as it would impact Israel

Now you only need to come up with another $100 billion

Wait, there's more. As I am feeling very magnanimous this morning I will allow another $25 billion cut from the military budget

So I have just given you $75 billion of the $150 billion

That means you only have to come up with $75 billion to cut and POOF no problems

Now you kids get started
 
katzgar said:
Adding a trillion dollars to the deficit is a republican thing go for it Skippy
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Its all about way more than adding a trillion or two to the deficits. Its about taking from the poor to give to the rich. The only people who will benefit from this are corporations and the wealthy, neither of which need a tax cut. For most Americans their taxes will rise.
 
floridafan said:
Its all about way more than adding a trillion or two to the deficits. Its about taking from the poor to give to the rich. The only people who will benefit from this are corporations and the wealthy, neither of which need a tax cut. For most Americans their taxes will rise.
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One presumes that if one is poor, then one has no money. How do you take that which somebody doesn’t have to give to someone else?

Also who made you the arbiter over whether someone needs a tax cut or not?
 
Fauxcahontas said:
One presumes that if one is poor, then one has no money. How do you take that which somebody doesn’t have to give to someone else?

Also who made you the arbiter over whether someone needs a tax cut or not?
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Simple my dear, you make health insurance more expensive, and over time raise their taxes also. One can have some money, and still be poor, handjob.
 
Thing1 said:
Gosh, it seems like only 8 or so years ago that connies were screaming about an $800 billion stimulus....
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It seems that 9 years ago the you lefties were screaming about a $10 trillion debt but are silent about the doubling of that from your BOY between 2009 - 2017.
 
Fauxcahontas said:
As we are on the precipice of having tax cuts passed and signed by President Trump, I know that your hearts hurt. Being the deficit hawks that you are, you are massively concerned about adding to the national debt that Obama doubled during his two terms in office.

Of note, I have heard you all scream, wail and pound your fists that this tax cut will EXPLODE the debt by $1.5 trillion over 10 years

For the sake of argument let's assume that is true. That comes to $150 billion/year

For FY17 the Federal Gobblement confiscated $3.3 trillion from its citizens and it spent $3.98 trillion

That $150 billion represents 3.8% of FY17s federal outlays

So here is your thought experiment

Without touching the military, find $150 billion to cut in spending. Then you no longer have to worry about the debt or deficits and the problem is solved. I mean surely the federal gobblement can find 3.8% it can cut in spending can't it?

One good place to start would be Congressional slush funds to pay off accusers of sexual harassment.
Click to expand...

Assess tax rates from the 1950’s for two years and use the income to pay a huge chunk of the debt!
 
floridafan said:
Simple my dear, you make health insurance more expensive, and over time raise their taxes also. One can have some money, and still be poor, handjob.
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They can be poor enough where those responsible for themselves are forced to feed, house, clothe, etc. their sorry asses yet have enough money to buy all sorts of "necessities" like beer, cigarettes, and lottery tickets. If you're poor enough to where someone else has to be forced to meet your needs, you're too poor to afford those other things. If you can afford the latter, you don't need the former. If you can buy the latter but demand help on the former, you can fucking do without.
 
Fauxcahontas said:
All you had to say was that this was too hard.

You mean you geniuses can’t find $75 billion to cut?
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There must be a whole shedload of duplicated services and general squandering of taxes. You could probably sack 50% of the lawyers, bureaucrats and pen pushers without too much pain.
An independent commission should be created that would present their findings to Congress with a list of all duplicative, wasteful, outdated, and failed programmes that should be eliminated. I am sure that you could easily save $100 billion or more.
 
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Jarod said:
Assess tax rates from the 1950’s for two years and use the income to pay a huge chunk of the debt!
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When is half of the country not paying income taxes going to pay anything? I thought you lefties believed living in society meant funding it. Why do you support half the country not paying income taxes?
 
Shape Shifter said:
There must be a whole shedload of duplicated services and general squandering of taxes. you could probably sack 50% of the lawyers, bureaucrats and pen pushers without much pain.
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School districts provide free/reduced lunch prices to students whose parents won't take the responsibility of feeding their own kids. In my state, the school year is 180 days. 2 meals/day x 180 days/year = 160 meals. If that family is receiving food stamps, that money is based on 365 days/year. Why do those families continue to get money on behalf of kids for which meals are already being provided? I'm not opposed to feeding the kids, although I'd let the irresponsible parents go without, but redundancy is a problem.
 
CFM said:
When is half of the country not paying income taxes going to pay anything? I thought you lefties believed living in society meant funding it. Why do you support half the country not paying income taxes?
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That tax code worked... very low deficit if at all. Let’s go back to the golden age!
 
Fauxcahontas said:
As we are on the precipice of having tax cuts passed and signed by President Trump, I know that your hearts hurt. Being the deficit hawks that you are, you are massively concerned about adding to the national debt that Obama doubled during his two terms in office.

Of note, I have heard you all scream, wail and pound your fists that this tax cut will EXPLODE the debt by $1.5 trillion over 10 years

For the sake of argument let's assume that is true. That comes to $150 billion/year

For FY17 the Federal Gobblement confiscated $3.3 trillion from its citizens and it spent $3.98 trillion

That $150 billion represents 3.8% of FY17s federal outlays

So here is your thought experiment

Without touching the military, find $150 billion to cut in spending. Then you no longer have to worry about the debt or deficits and the problem is solved. I mean surely the federal gobblement can find 3.8% it can cut in spending can't it?

One good place to start would be Congressional slush funds to pay off accusers of sexual harassment.
Click to expand...
.

Now we have an addendum to the "voodoo economics" conservatives put so much faith in
 
CFM said:
It seems that 9 years ago the you lefties were screaming about a $10 trillion debt but are silent about the doubling of that from your BOY between 2009 - 2017.
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No, no, no, that's that selective memory thing happening again, concern over deficits and debt has been supposedly a basic tenet of conservative economic principles for decades, was right up there with smaller government, but as we see now, it was all rhetoric from the start, we should never hear again from a conservative on the National Debt
 
It is interesting that in a thread about CUTTING SPENDING all our liberal friends can suggest is RAISING TAXES

I can only assume one of two things.

1) They didn't understand the directions.
2) Cutting spending is anathema to them

Of course there remains the possibility that 1 and 2 are true.
 
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