US budget deficit rises 27% through July

Discussion in 'Current Events' started by bx4, Aug 13, 2019.

  1. Jiminy

    Jiminy Well-Known Member

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    US budget deficit rises 27% through July
    The Ole Right-Wing Socialism Three-Step:
    1. Cut taxes for the rich.
    2. Act all surprised the deficit is rising.
    3. Demand cuts in social security, Medicare, and any other program that benefits the middle class and the poor to pay for those tax cuts for the rich.
     
    Quantum Nerd likes this.
  2. Chuck711

    Chuck711 Well-Known Member

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    Trump lost money in the Casino Business ............... as we can see Trump has no self control
     
  3. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    There is no such thing as underpaying.
     
  4. FlamingLib

    FlamingLib Well-Known Member

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    What benefits are those? I know several DoD engineers. They make six figures and have good benefits and job security, but the price of that is you forego the chance of ever becoming rich. The private sector is riskier than govt. work, but the rewards are a whole lot better.
     
  5. Cubed

    Cubed Well-Known Member Past Donor

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    If you have two wages, and one is lower then the other, then one is being underpaid. Keeping them constant means neither has more or less of an incentive over the other.
     
  6. Bluesguy

    Bluesguy Well-Known Member Donor

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    It is pointless to try and have a discussion with you as your only response will be you have already refuted anything I post and then refuse to respond to questions I ask of you as your posting history clearly demonstrates.
     
  7. rahl

    rahl Banned

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    White flag noted and accepted.
     
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    It is pointless to try and have a discussion with you as your only response will be you have already refuted anything I post and then refuse to respond to questions I ask of you as your posting history clearly demonstrates.
     
  9. Moonglow

    Moonglow Well-Known Member

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    US budget deficit rises 27% through July

    MAGA!
     
  10. rahl

    rahl Banned

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    White flag noted again, and accepted.
     
  11. Bearack

    Bearack Well-Known Member

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    He also made money in the Casino business. Trump has more wins than losses when it comes to business so you really can't use his business modeling as an example as he is a billionaire so I'd say, he's a pretty successful business man.

    Now back on topic, I surely and not happy with the bloated spending. We need to draw this in by reducing the size of government, not expanding it. We also need to reduce peoples dependency on federal entitlement programs. These programs were created as merely a safety net for difficult times. It's now a way of life for millions of Americans.
     
  12. Turin

    Turin Well-Known Member

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    Uh.... Yes.... It did lower revenue. Greatly.

    But I do agree. Overspending is the major issue. We should be cutting corporate subsidies entirely, or down to the bone.

    We need to audit the Pentagon, and eliminate wasteful spending there. We could save billions, if not trillions on our military budget, and still be the biggest baddest dog in the room without breaking a sweat.
     
  13. Mac-7

    Mac-7 Banned

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    Which corporations is government giving money to?

    The military is only 15% of the federal budget

    Welfare programs are much larger

    I support cutting spending across the board by equal amounts in every dept
     
  14. Turin

    Turin Well-Known Member

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    This is pretty much the conservative game plan. Always has been. They have even admitted it.
     
  15. Turin

    Turin Well-Known Member

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    Lets start with oil companies and go from there.
     
  16. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    The private sector does not offer a pension for incompetence and laziness.
     
  17. Mac-7

    Mac-7 Banned

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    You are mixing tax policy with government subsidies

    Giving federal money to Tesla not the same as not the same as charging oil companies slightly less tax than they otherwise would have paid
     
  18. BuckyBadger

    BuckyBadger Well-Known Member

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    He lost money on an airline too, yet he is still a billionaire. lol
     
  19. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    You are incorrect. Your pay is exactly what you agreed to when you took the job. There is no such thing as being underpaid.
     
  20. Cubed

    Cubed Well-Known Member Past Donor

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    We are talking about different concepts.

    If you have 2 values. And one is less then the other, then their is a difference. If you have two wages, one from Govt and one from the Private sector, for the same work, they need to be equal so as to not create an incentive for workers to flee one side for the other.

    I'm not discussing the principles of 'wages' and their relation to the market other then how they relate to the public/private sector.

    Don't get caught up in the weeds.
     
  21. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    I agree. Unfortunately, government workers lack accountability because the money comes easy. They do not have the burden of having to compete.
     
  22. Cubed

    Cubed Well-Known Member Past Donor

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    Compete with who? They do compete with co-workers in much same manner the private sector does. If wages were aligned, then there would be fair competition between the public and private sector in terms of obtaining employees with valuable skill sets to do the same kind of work.

    If your meaning projects, then that moves up a level from the employee level to the company level where companies (should) have to compete with each other for bids. But the procurement process is a joke/broken so that's a whole different ballgame.
     
  23. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    That reminds me of the time a government worker found a genie in a lamp. He got one wish, and wished to never have to work ever again. POOF, he was back in his office!
     
  24. Dispondent

    Dispondent Well-Known Member Past Donor

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    After the Obama disaster, Trump getting the economy booming, enforcing our immigration laws, and getting the courts right were real priorities. If he doesn't address spending in his second term at all, then it will be time to complain. Nobody could expect Trump to fix everything in just one term...
     
  25. FlamingLib

    FlamingLib Well-Known Member

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    There's some of that in the private sector as well, but I will grant you that that's a problem with govt. workers.
     
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