Democrat's Platform

We have both this year.
Tax revenue is way down and spending is way up.
Trump will have added more to the debt in four years than Obama did in eight years.

 

Aren't you discounting the democrats request for THREE TRILLION DOLLARS? Should Trump continue to refuse to sign that bill?

 

That was my point. There are no fiscal conservatives in either party. Republicans spend as much as Democrats.

Net tax revenue went up, but it fell far short of projections, and also fell as a percentage of GDP.

 

Of course it fell as a percent of GDP. That is exactly how it is supposed to work.

 

I completely agree with this last statement. If Trump had gotten out of the way of experts who were dealing with the problem, thousands of lives would have been saved.

Not sure that this can be called a "general rule", but it most definitely applied this time.

 

As long as we continue to blame one party or the other party for the debt the politicians have cover. It's both the D and the R and it doesn't matter who is in the White House. Wake up people. Why are you fooled so easily?

 

Yeah... I know you prefer debating semantics rather than arguments. Not interested....

 

Just Trump though?

 

So that's their "political promises" and we know what those are worth....yet zero details on the how.....15$ minimum wage sounds great, if you are the employee but not the employer. People who grasp basic math understand how disasterous that would turn out.

 

The only reason revenue increased after Trump's cuts is because income taxes on the rest of us went up.

https://www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/

We're asking the wrong question.

https://www.brookings.edu/policy202...cut-the-tax-cuts-and-jobs-act-pay-for-itself/

"The most appropriate test of the revenue impact of the TCJA is to compare actual revenues in FY2018 with predicted revenues in FY2018 assuming Congress had not passed the legislation. In fact, the actual amount of revenue collected in FY2018 was significantly lower than the Congressional Budget Office’s (CBO) projection of FY2018 revenue made in January 2017—before the tax cuts were signed into law in December 2017. The shortfall was $275 billion, or 7.6% of revenues that were expected before the tax cuts took place."

 

I'm guessing most Republicans in power. Republicans are always whining about how lousy Government is... And when they win the elections they prove it.

 

That's money that will go right back into the economy, unlike the cuts Trump gave to corporations, which they have either hoarded or spent on their own stock.

 

You are right to point out the lack of Tea Party Patriots saying anything about the debt. I for one have been against the huge government spending packages and the forces government shutdown of select businesses. Even mask wearing is too far. It should be volunteer not mandatory.

 

That's not exactly how the economy works with respect to corporate tax cuts, but okay.

 

It is not semantics. If you can't accurately describe a problem without exaggerating, then you don't have a good argument.

 

It will create an additional THREE TRILLION DOLLAR deficit.

 

That's what you get when you put the fox (the GOP) in charge of the hen house (government). Why would anyone think that the party that wants to destroy government will run it responsibly?

 

I don't know we is. My taxes went down by around two thousand dollars. Much appreciated.

 

No one is expecting healthcare workers to work for free, or the pharmaceutical companies not to make billion in profits — we just want comparable prices that the rest of the world pays and to eliminate the middle man.

 

That's how it's supposed to work with cuts in spending.

The idea was that reducing tax rates would stimulate investment which would create jobs that expanded the tax base. While this has occurred, it hasn't occurred to extent necessary to pay for the tax cuts.

 

The tax base did go up. That is how you get an increase in tax revenue with a reduction in tax rates. The unemployment rate dropped to historic lows. Everything happened just like it was supposed to but spending went up even more.

 

Democrat Platform:

America is horrible for stuff that happened 150-200 years ago.
If we lose, we'll burn down your cities and call it peaceful.
Orange Man Bad.

 

Oh God, Trump, Trump, Trump again? No doubt if Trump had not been elected the national debt would have been paid off, there'd be a chicken in every pot, we'd all be driving Mercedes, and the world would be living in idyllic harmony. Right. BOTH parties have contributed to the "national debt" like drunken sailors to a happy hour, with NO end in sight. So either all economic theories are nothing but smoke and mirrors BS, or a house of cards is being built that one day will collapse of it's own weight. And since BOTH parties give the " national debt" little but lip service there's PLENTY of hypocrisy to go round.

 

No it didn't.

 

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762