Republicans have a long history of adding to the national debt. Why should we trust they will not ad

Discussion in 'Elections & Campaigns' started by robini123, Apr 7, 2024.

  1. LiveUninhibited

    LiveUninhibited Well-Known Member

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    Both sides spend. Democrats show more responsibility by raising taxes to pay for what they spend. Republicans want to spend and cut taxes, leading to more debt than democrats.
     
  2. JohnHamilton

    JohnHamilton Well-Known Member

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    No. Democrats raise taxes because of FAIRNESS, not fiscal responsibility.
     
  3. Turtledude

    Turtledude Well-Known Member Donor

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    fairness? LOL-more like pandering to class envy
     
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  4. JohnHamilton

    JohnHamilton Well-Known Member

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    Yes, class envy is the basis for most of their tax increases. Everyone, except high government officials, and the powerful people who support them, should live like chickens in a coop, regards of their talents and accomplishments. The European socialists have told us, “You will own nothing and be happy.” The left has our lives mapped out for us.
     
    Last edited: Apr 26, 2024
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  5. Jack Hays

    Jack Hays Well-Known Member Donor

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    Everyone needs to pay more. Our perennial deficits are the proof.
     
  6. Turtledude

    Turtledude Well-Known Member Donor

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    the government needs to spend less is the proper attitude
     
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  7. 19Crib

    19Crib Well-Known Member Past Donor

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    Government spending is 50% of the cause of our inflation, and the squeeze on fossil fuels the other 50%. The business economy runs on fossil fuels.
    America is going to suffer with inflation for six to ten years. It is the way it seems to work.
     
    Last edited: Apr 26, 2024
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  8. Durandal

    Durandal Well-Known Member Donor

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    Government spending is the cause of most of our economic growth and prosperity, not so much of our inflation.
     
  9. Turtledude

    Turtledude Well-Known Member Donor

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    that's hilarious
     
  10. conservaliberal

    conservaliberal Well-Known Member

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    Between the two of them, 'Crats and 'Pubs, we now have a national debt-versus-GDP ratio of over 123%, AND RISING! A recipe for disaster! It's mathematically inevitable that we will soon approach the point where we cannot even pay the stinking INTEREST on the national debt. And then what...? We're ****ED, that's what....
     
  11. 19Crib

    19Crib Well-Known Member Past Donor

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    If that is the case we are well and truly done. Stick a fork in us.
     
  12. Durandal

    Durandal Well-Known Member Donor

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    It's been the case for a very long time. And don't forget, inflation is a global issue and is not as bad here as it has been elsewhere of late.
     
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  13. Jack Hays

    Jack Hays Well-Known Member Donor

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    Neither party has been able to make that work since Calvin Coolidge. Time to admit that and pay for the government we consume.
     
  14. Jack Hays

    Jack Hays Well-Known Member Donor

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    And if taxes matched our expenditures inflation would not be such a problem.
     
  15. 19Crib

    19Crib Well-Known Member Past Donor

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    https://www.usdebtclock.org/
    Total worker compensation is 14.5 trillion.
    The government robs Peter to pay Paul, The private sector ads value to material every step of the way or goes bankrupt.
     
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  16. Turtledude

    Turtledude Well-Known Member Donor

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    nope, that is malignant: we need to starve the pig
     
    Last edited: Apr 26, 2024
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  17. Jack Hays

    Jack Hays Well-Known Member Donor

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    "We" want more government than that.
     
  18. Jack Hays

    Jack Hays Well-Known Member Donor

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    The borrowing required to finance our deficits balloons the money supply, driving inflation. Funds subtracted for taxes drive the value of money up, and thereby abate inflation.
     
  19. 19Crib

    19Crib Well-Known Member Past Donor

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    Then why hasn't it?
     
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  20. Jack Hays

    Jack Hays Well-Known Member Donor

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    Because taxes have been too low. The result is constant borrowing, which drives inflation.
     
  21. Tahuyaman

    Tahuyaman Well-Known Member

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    Inflation is direct result of massive deficit spending. The deeper we in go in debt, the more money they print which makes the value of the dollar shrink.

    Government spending does not foster economic growth. Where did you get the idea it does.
     
  22. Tahuyaman

    Tahuyaman Well-Known Member

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    Taxes are not too low. We don’t have revenue problem. Revenues are increasing. We have a serious spending problem. You can’t tax your way into prosperity.
     
  23. Tahuyaman

    Tahuyaman Well-Known Member

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    No. The government needs to spend less.

    Increasing taxes will cause a decline in economic growth which results in less revenues flowing into government.
     
  24. Jack Hays

    Jack Hays Well-Known Member Donor

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    Persistent deficits suggest otherwise.
     
  25. Tahuyaman

    Tahuyaman Well-Known Member

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    Persistent deficits should tell you that the Congress spends too much money we don’t have. Especially when we are experiencing record high revenues. Increasing tax rates would reverse the increasing revenues.

    Simply limiting spending increases to the rate of inflation would stop the mounting debt. That said, to reducei debt we need to cut spending.
     
    Last edited: Apr 27, 2024

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