May budget deficit hits record $207.8 billion

Discussion in 'Current Events' started by MrTLegal, Jun 13, 2019.

  1. Spooky

    Spooky Well-Known Member Past Donor

    Joined:
    Nov 29, 2013
    Messages:
    31,814
    Likes Received:
    13,377
    Trophy Points:
    113
    Cheney signed legal paperwork before the war took place that stated any money he made from that point on from his shares in Haliburton would be given to charity.

    He didn't receive a penny from the war.

    Boy, you folks don't do your research at all do you?

    What else you got?
     
  2. James Evans

    James Evans Banned

    Joined:
    Jun 4, 2018
    Messages:
    2,038
    Likes Received:
    846
    Trophy Points:
    113
    Gender:
    Male
    Private companies, DUH. Sure the gov't wrote the checks(with taxpayer money) but companies cashed them. Do you really not know how this works or are you playing coy?
     
  3. btthegreat

    btthegreat Well-Known Member

    Joined:
    May 30, 2010
    Messages:
    16,381
    Likes Received:
    7,057
    Trophy Points:
    113
    But what about Hillary's collusion with the Russians? Just another typical lefty thread ignoring how Hillary has orchestrated the entire deep state effort to destroy Trump using the Steele Dossier, and plant her own minions throughout the FBI, Justice Dept and the Mueller team.

    No lets talk about budget deficits instead!
     
    Last edited: Jun 14, 2019
    MrTLegal likes this.
  4. Spooky

    Spooky Well-Known Member Past Donor

    Joined:
    Nov 29, 2013
    Messages:
    31,814
    Likes Received:
    13,377
    Trophy Points:
    113
    Why in the world does Bush want to go to war to give some private companies money?

    Actually you could say every war was based on this then since in every single war there have been private companies that made tons of cash.

    Are you saying that's why FDR went to war...for the private companies that profited?
     
  5. James Evans

    James Evans Banned

    Joined:
    Jun 4, 2018
    Messages:
    2,038
    Likes Received:
    846
    Trophy Points:
    113
    Gender:
    Male
    Maybe he didn't. It still doesn't change the fact that Halliburton got hooked up with fat govt contracts.
     
    mdrobster likes this.
  6. Spooky

    Spooky Well-Known Member Past Donor

    Joined:
    Nov 29, 2013
    Messages:
    31,814
    Likes Received:
    13,377
    Trophy Points:
    113
    Our government doesn't run our industry so when we go to war we have to hire people to build what we need so of course people are going to get fat contracts.

    You can't really be this stupid.
     
  7. James Evans

    James Evans Banned

    Joined:
    Jun 4, 2018
    Messages:
    2,038
    Likes Received:
    846
    Trophy Points:
    113
    Gender:
    Male
    Profit has and does drive wars/conflicts. You can't possibly be this naïve.

    And FDR was reacting to Pearl Harbor and a global threat in Germany and Japan. That analogy sucked bro.
     
    mdrobster likes this.
  8. Spooky

    Spooky Well-Known Member Past Donor

    Joined:
    Nov 29, 2013
    Messages:
    31,814
    Likes Received:
    13,377
    Trophy Points:
    113
    It drives some but not all.

    You aren't showing any profit we made in this war however.

    Sure some companies profited but they always do in wartime because we need to buy more stuff from them.

    In the end this war cost us far more than we profited from it.

    This war was a security war....everyone was on edge from 9/11 and our intelligence services were saying Iraq was building a nuke to hit us with so put 2 and 2 together here.

    It was the timing of everything that led to it.

    Still, I think it was a good thing.....how we followed up was horrendous and we blew a great opportunity but I have no issue with the disposing of Saddam.
     
  9. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,717
    Likes Received:
    19,868
    Trophy Points:
    113
    Gender:
    Male
    Who said that, besides you?
     
  10. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,717
    Likes Received:
    19,868
    Trophy Points:
    113
    Gender:
    Male
    LOL. Blame blame blame.
    RWers that's all they do.
    RW had 2 yrs of R control. And they ballooned the debt/deficit to highest records.

    Yep, the D's with no power did it. LOL.
    It's why Rs never accomplish anything but putting the country into recessions.

    Lemme guess, if you car runs out of gas, it's the D's fault because they didn't fill it for you.
     
    Last edited: Jun 15, 2019
    AZ., Quantum Nerd and James Evans like this.
  11. KJohnson

    KJohnson Well-Known Member

    Joined:
    Jan 18, 2018
    Messages:
    2,740
    Likes Received:
    2,198
    Trophy Points:
    113
    Gender:
    Female
    What's coming in through the southern border now are the diseased from all over the globe that according to medical doctors will cost a fortune to cure. What's happening now
    Should scare every American shitless. Now they're invading from the congo and have been seen with a roll of hundred dollar bills. They're making demands that they be immediately taken care of and thanks to the democrats we're going to be doing just that. Obviously someone is bankrolling them to invade our country but guess you don't care about that either, right? This makes me believe you so called liberals can't possibly be Americans so let me guess...Russian?
     
  12. James Evans

    James Evans Banned

    Joined:
    Jun 4, 2018
    Messages:
    2,038
    Likes Received:
    846
    Trophy Points:
    113
    Gender:
    Male
    Iraq was not building a nuke that is ridiculous. They may have had goals to do so but they weren't anywhere close nor would they ever succeed. Let's just agree to disagree this is going nowhere. I look forward to our next exchange. :banana:
     
  13. James Evans

    James Evans Banned

    Joined:
    Jun 4, 2018
    Messages:
    2,038
    Likes Received:
    846
    Trophy Points:
    113
    Gender:
    Male
    No one. Not one single person.
     
    dairyair likes this.
  14. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    41,839
    Likes Received:
    32,506
    Trophy Points:
    113
    Gender:
    Male
    Look up the primary defense contractors which were the largest beneficiaries. Follow the money.
     
  15. Spooky

    Spooky Well-Known Member Past Donor

    Joined:
    Nov 29, 2013
    Messages:
    31,814
    Likes Received:
    13,377
    Trophy Points:
    113
    OMG, you mean people that produce goods for the military make money when we go to war?

    That's never ****ing happened ever in any war we've ever been in.

    lol.....
     
  16. Mac-7

    Mac-7 Banned

    Joined:
    Apr 21, 2011
    Messages:
    86,664
    Likes Received:
    17,636
    Trophy Points:
    113
    Its a no win situation

    If reoubs in the senate dont raise social spending liberals will attact them for heartlessness

    But if the repubs agree to raise spending you attack them over the deficit

    Just for the record I dont like the overspending either but I ‘ve never found a majority of liberals willing to accept a balanced butnet
     
  17. Texas Republican

    Texas Republican Well-Known Member Past Donor

    Joined:
    Aug 10, 2015
    Messages:
    28,121
    Likes Received:
    19,405
    Trophy Points:
    113
    Every time the Republicans try to slow the growth of the bureaucracy (not even make cuts), the Dems run TV ads showing a Republican pushing an old woman in a wheelchair off a cliff.
     
  18. Texas Republican

    Texas Republican Well-Known Member Past Donor

    Joined:
    Aug 10, 2015
    Messages:
    28,121
    Likes Received:
    19,405
    Trophy Points:
    113
    The attacks came from Afghanistan.
     
  19. RP12

    RP12 Well-Known Member

    Joined:
    Nov 11, 2011
    Messages:
    48,878
    Likes Received:
    11,755
    Trophy Points:
    113
    Spending more then you bring in.. As i have linked an is in right at the start of the OP..

    Do you have any intention of a honest discussion of the topic?
     
  20. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    41,839
    Likes Received:
    32,506
    Trophy Points:
    113
    Gender:
    Male
    Why did you ask then?
     
  21. Bluesguy

    Bluesguy Well-Known Member Donor

    Joined:
    Jun 13, 2010
    Messages:
    153,338
    Likes Received:
    39,003
    Trophy Points:
    113
    Gender:
    Male
    No......
     
  22. Bluesguy

    Bluesguy Well-Known Member Donor

    Joined:
    Jun 13, 2010
    Messages:
    153,338
    Likes Received:
    39,003
    Trophy Points:
    113
    Gender:
    Male
    A 10% cut in spending would by no measure be a small cut. Now will you elect Republicans to the Congress so we at least have a chance to do it?
     
  23. Arkanis

    Arkanis Well-Known Member

    Joined:
    Jan 17, 2013
    Messages:
    13,392
    Likes Received:
    17,133
    Trophy Points:
    113
    Gender:
    Male
    ABSOLUTELY NOT.

    Republicans are the worst managers possible.

    They will never have the political courage to cancel the tax cuts they voted for, which literally bleeds the country.

    Ironically, the spending cuts in the next budget will have an impact on economic growth...which is already below the threshold where debt would be under control.

    And to think that unemployment is at its lowest level in 45 years....

    When Trump leaves, he will leave behind a country in very bad shape.

    The situation could be corrected if he is fired in 2020, but if he is re-elected, it will be W. Bush #2.....
     
  24. Bluesguy

    Bluesguy Well-Known Member Donor

    Joined:
    Jun 13, 2010
    Messages:
    153,338
    Likes Received:
    39,003
    Trophy Points:
    113
    Gender:
    Male
    They are the only ones so have produced balanced and surplus budgets or at least manageable deficits and cut spending. It's not a revenue problem we have $50B more in revenue at this point than last year.

    Bush43 was just fine until the Democrats took back the Congress. He and the Republicans handed them a paltry $161B deficit.
    Which Democrats are proposing budget cuts and spending restraint?
     
    Last edited: Jun 15, 2019
  25. Arkanis

    Arkanis Well-Known Member

    Joined:
    Jan 17, 2013
    Messages:
    13,392
    Likes Received:
    17,133
    Trophy Points:
    113
    Gender:
    Male
    Revenues are linked to economic growth.

    If the taxes had not been reduced, the surplus would have been much greater.

    The tax cuts had to pay for themselves by boosting growth beyond 4%..... And we made 2.9% in 2018.

    It's therefore a disaster for the debt that will be left to future generations.

    We have known for 70 years that taxes should not be cut during periods of growth, because the government will no longer have the flexibility to stimulate the economy when there is a slowdown.

    And thanks to Trump's extraordinary management, there will be a recession by 2021 at the latest.

    It's already too late to reduce expenses.

    A cut of more than 10% would push the country into recession in less than a year.

    The Republicans should have done so at the same time as the tax cuts in 2017.
     
    Last edited: Jun 15, 2019
    mdrobster likes this.

Share This Page