U.S. Budget Deficit Widens 11.8% in First Quarter of Fiscal Year

Discussion in 'Budget & Taxes' started by Giftedone, Feb 10, 2020.

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Does Trumps massive spending make him an even bigger Socialist than Obama ?

  1. Yes - Society is on the hook for all this spending and wealth redistribution is socialism

    4 vote(s)
    57.1%
  2. No - Military and other programs that I like are funded by Santa Clause and not Taxes.

    3 vote(s)
    42.9%
  1. Ddyad

    Ddyad Well-Known Member

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    My response was spot on. Your ad hominem response is not.
     
  2. Ddyad

    Ddyad Well-Known Member

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    LOL! I double dog dare you to paste up anything from my posts saying that. ;-)
     
  3. Ddyad

    Ddyad Well-Known Member

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    Yes, I did mention Trump. Read again - the reference is no subtle.
     
  4. Promise Hero

    Promise Hero Banned

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    Then I'm asking, do you agree with me free that free enterprise is filled with corruption and greed especially as you move up the latter?
     
    Last edited: Feb 12, 2020
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  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    Welcome to the world of government accounting. I am all for weeding out all waste in government spending on all levels. They had a commission the name escapes me several years that came out with all sorts of recommendations and then Congress ignored them. There's a swamp in there, in the Executive and the Legislative that protect their own grounds and spending. Let's have some independent accounting and force Congress to enact measures to bring some order to it, some accountability. Let's do it.

    But in the meantime defense and national security is out TOP LEVEL highest priority of spending.
     
  6. Promise Hero

    Promise Hero Banned

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    On the post (see 272) I was talking about monopolistic practices using Rockefeller as an example so monopolistic practices are inherent in free enterprise and your response again misses the mark entirely.
     
    Last edited: Feb 12, 2020
  7. Promise Hero

    Promise Hero Banned

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    So in other words just let the military waste billions per year as it always has.
     
    Last edited: Feb 12, 2020
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  8. cd8ed

    cd8ed Well-Known Member Past Donor

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    That in no way answers the question.

    I am not asking about the house or what they did or didn’t do
    I am not asking about the senate or what they did or didn’t do

    I am asking “Why did trump not push the above items on his initial budget proposal?”

    I will just keep posting the above, if you don’t feel like answering or are unable due to it damaging your preconceived narrative — feel free to not respond.
     
  9. Ddyad

    Ddyad Well-Known Member

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    Asked and answered. Please read this time: "I have been rather clear about the limited ability of a president battling a criminal plot to first rig and then nullify his election to make the Deep State cut the size power of its precious thing - our Big Bad Government."

    Now answer my question: Why hasn't the DP House with its unchecked power to stop spending passed a deficit reducing budget?
     
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  10. Ddyad

    Ddyad Well-Known Member

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    In fact, monopolistic practices are used to stifle free enterprise.
    That is one reason why they are illegal in the USA.
     
  11. Ddyad

    Ddyad Well-Known Member

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    Of course I agree with that. The tendency toward corruption is part of human nature. Hence The Law.
     
  12. cd8ed

    cd8ed Well-Known Member Past Donor

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    You have not once answered why these items were not included in his first budget. He submitted one, it was just devoid of real efforts to do anything cost savings wise — meaning your excuse that he was battling a criminal plot (even though republicans had full control of congress) is false.

    So again, “Why did trump not push the above items on his initial budget proposal?”
     
  13. Ddyad

    Ddyad Well-Known Member

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    Asked and answered - again and again: "Please read this time: "I have been rather clear about the limited ability of a president battling a criminal plot to first rig and then nullify his election to make the Deep State cut the size power of its precious thing - our Big Bad Government."
     
  14. cd8ed

    cd8ed Well-Known Member Past Donor

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    You have not once answered why these items were not included in his first budget. He submitted one, it was just devoid of real efforts to do anything cost savings wise — meaning your excuse that he was battling a criminal plot (even though republicans had full control of congress) is false.

    So again, “Why did trump not push the above items on his initial budget proposal?”
     
  15. Bluesguy

    Bluesguy Well-Known Member Donor

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    Did you miss my first sentence?

    Welcome to the world of government accounting. I am all for weeding out all waste in government spending on all levels.

    In the meantime we must insure we can at the least confront an enemy on two fronts with the goal of three. THAT is how you insure our national security which is the highest priority spending in which the federal government engages.
     
  16. Bluesguy

    Bluesguy Well-Known Member Donor

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    So if he and Pelosi get into another shut down the government battle because she wants more spending than he will agree to which side will you support?
     
  17. cd8ed

    cd8ed Well-Known Member Past Donor

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    Depends on the bill — I don’t blindly support one party over the other.
    You will have to throw in some specifics for me to answer.
     
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  18. Bluesguy

    Bluesguy Well-Known Member Donor

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    I'm not talking about party I'm talking about the issue, which will you support?
     
  19. Polydectes

    Polydectes Well-Known Member

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    Ending doesn't make one a socialist. Trying to take over private organizations and industries does. That being said I'm not happy with the spending. Her government spent way too much when Donald Trump got into office.

    But no one will cut spending, no candidate running on it will get elected. Because people don't want that. It's like paying the bill on your credit card. if you can go hog wild buying everything you wanted and never look at the bill or think about it would you want to look at the bill?
     
  20. cd8ed

    cd8ed Well-Known Member Past Donor

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    Again, it depends on the specifics.
     
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  21. Giftedone

    Giftedone Well-Known Member Past Donor

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    Both are socialism - unless the spending is from a source other than Wealth Redistribution.

    Completely agree - but there is responsible and irresponsible spending - and how much over the budget you are going - and where that money is going.

    Trump is being very irresponsible - .. not just due to the huge reversal of direction and increase to the deficit - but the magnitude of the increase - and for no good reason -- relatively good economic conditions.

    To do what ? - most of the increase went to defense contractors. The fellows who bailed Trump out of his bankruptcy ... and representing these folks - quid pro quo - is Wilbur Ross - Trumps appointee to ... "Commerce Secretary" - the dude in charge of Commerce.

    This war spending needs to stop - The geopolitical chess board has changed since the advent of Nukes. We no longer need to worry about a war with Russia to any significant degree - and if it happens - life as we know it is done so no point in worrying about that - from a fiscal perspective .. meaning - we need not spend over 1 Trillion/year (Obama was at that level - havn't even done the Trump Calculation) on that eventuality.

    There is no Return on Investment - like there was prior to the nuke.

    Economic is now the strongest piece on the Board and we are wasting our resources and treasure on Military.
    China get's it - Russia gets it - as does Europe and they have been gaining ground - making good moves- while we continue to focus on a flawed assessment of the position on the board- and making big blunders - But that is for another Post.
     
  22. Polydectes

    Polydectes Well-Known Member

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    so what do you mean when you say socialism define it please this conversation cannot happen until you do.
     
  23. Giftedone

    Giftedone Well-Known Member Past Donor

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    Socialism is State Ownership of most/all resources and the means of production in its extreme form. Taxation is a form of partial ownership - otherwise known as wealth redistribution. The vast majority of what are commonly referred to as "Socialist" nations do not have complete state ownership - the Gov't just owns a more in some places than in other places - such as the US - or at least that is how it used to be. The US is now much closer - especially if you include our system of Healthcare Extortion into the equation.
     
  24. Polydectes

    Polydectes Well-Known Member

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    So how is government spending equal to Government ownership of the means of production?

    No it's a form of extortion. You have no choice in the matter
    Yes people improperly use the word making it a meaningless word as per Orson Wells. Probably to make it more palatable
    Agreed
     
  25. Giftedone

    Giftedone Well-Known Member Past Donor

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    You are wanting to define socialism in black vs white terms - which is fine - and correct in some ways. The problem with your definition is that it renders the term mostly meaningless (rather than completely meaningless with respect to common use)

    Your definition makes Sanders a "non socialist" same with Norway Canada and so on.

    You are 100% correct that Taxes are a form of extortion - in the most realistic sense of the term. It is the gov't assuming partial ownership of your wealth - by force .. same as the Mafia :)

    Regardless - this extortion is "wealth redistribution" - Gov't takes your wealth and spends it on stuff - some of which one might like and some of which some don't like.

    The measure of this extortion is a function of how much the Gov't spends - including how much it borrows. So what ever we want to call it "Socialism lite" or just extortion (same meaning) Trump is making blunders on the chessboard - and messing with our economic future.
     

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