Why are Federal Deficits Bad?

Discussion in 'Budget & Taxes' started by Vilhelmo, Dec 24, 2013.

  1. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    I find your post above to be not only extremely irrational, but an excellent example of how the Left employs emotion in place of logic as well. Citizens of the U.S.A., or any free societies for that matter, should not look at themselves or others, as dependents of government, but as functional members of societies. Governments of free societies are not charities. Deficit spending, increasing government created debt, perpetuates the need for government to devalue our currencies which aids governments ability to keep doing the same while making it more difficult for the governed to provide for their needs after retirement. This only increases the burden on the younger and new generations, which will eventually reach a point where it can no longer be sustained.
     
  2. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Why not look up the issues yourself?

    There are plenty of weights and measures and those forms of metrics in our Institution of money based markets.

    We have a Commerce Clause not a drug war clause.
     
  3. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    You may have your social contracts mixed up; we have Constitutions that are rules for our Body's politic.

    Providing for the general welfare implies income transfers to that End, the means, since representation is present, is the social Power to Tax.
     
  4. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    You appear to apply misinterpretation of the words of our Constitution as the means of imposing a social contract that did not exist at the time of the founding. The preamble of the Constitution contains the word 'welfare', in the context applicable to the people. Note that it says 'promote' and not 'provide' the general welfare.

    "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

    The word, 'welfare' appears again in Article 1, Section 8, and in this instance it is speaking not of the people as individuals, but of the States. Section 8 goes on without any mention of provision by the Federal government of any form of welfare to the individuals who populate the States who are members of the United States.

    "The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;"


    Perhaps you should read our Constitution without applying a Left wing agenda as the means of interpreting it.

    Returning to the original topic, is it your opinion that Federal deficits are good?
     
  5. Shanty

    Shanty New Member

    Joined:
    Dec 30, 2008
    Messages:
    1,595
    Likes Received:
    8
    Trophy Points:
    0
    I'm one of the few that knows the different metrics, and understands them, and uses them in discussion. My comment was made because the average guy doesn't when reading reading the news, or watching it on TV. So, the majority of Americans have no clue what the debt is, even if they see the huge number.



    I agree. I also think at least marijuana should be legalized and taxed, to help reduce the deficits.
     
  6. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    dude, our federal Congress is delegated the Social power to legislate, "in all cases whatsoever" in the federal districts, including not only promoting but also providing for the general welfare of the People.
     
  7. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    If nothing else, you are a prime example of why the ED should be eliminated. You have obviously been taught American Government based on an eisegetical version of our Constitution, dude.
     
  8. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    The word that should be discussed if you are going to debate the relevance of the Constitution to welfare programs is "promote". That is clearly the operative word not welfare.Definition of promote in English:
    promote
    (*)Top 1000 frequently used words
    Syllabification: pro·mote
    Pronunciation: /prəˈmōt (*) /
    VERB

    [WITH OBJECT]
    1Further the progress of (something, especially a cause, venture, or aim); support or actively encourage:
    some regulation is still required to promote competition
    MORE EXAMPLE SENTENCES
    SYNONYMS
    encourage, advocate, further, advance, assist, aid, help, contribute to, foster, nurture, develop, boost, stimulate, forward, work for
    View synonyms
    1.1Give publicity to (a product, organization, or venture) so as to increase sales or public awareness:
    they are using famous personalities to promote the library nationally
    MORE EXAMPLE SENTENCES
    SYNONYMS
    1.2 Chemistry Act as a promoter of (a catalyst).
    MORE EXAMPLE SENTENCES
    2Advance or raise (someone) to a higher position or rank:
    she was promoted to general manager
    MORE EXAMPLE SENTENCES
    SYNONYMS
    2.1Transfer (a sports team) to a higher division of a league:
    they were promoted from the Third Division last season
    MORE EXAMPLE SENTENCES
    2.2 Chess Exchange (a pawn) for a more powerful piece of the same color, typically a queen, as part of the move in which it reaches the opponent’s end of the board.
    MORE EXAMPLE SENTENCES
    2.3 Bridge Enable (a relatively low card) to win a trick by playing off the higher ones first.
    MORE EXAMPLE SENTENCES
    Origin

    late Middle English: from Latin promot- 'moved forward', from the verb promovere, from pro- 'forward, onward' + movere 'to move'.

    Derivatives
     
  9. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    nothing but fallacy for your Cause? our federal Congress is delegated the Social power to legislate, "in all cases whatsoever" in the federal districts, including not only promoting but also providing for the general welfare of the People.
     
  10. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    Simply restating your opinion does not strengthen it.
     
  11. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    simply resorting to diversion does nothing to inspire confidence in your sincerity.
     
  12. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    I'm not the one making comments lacking of any foundation. Like I suggested previously, try reading our Constitution with intent to get out of it, rather than put into it, the meaning of the words that were used in its construction.

    But why are we not talking about Federal deficits, regardless of their cause?
     
  13. Shanty

    Shanty New Member

    Joined:
    Dec 30, 2008
    Messages:
    1,595
    Likes Received:
    8
    Trophy Points:
    0
    Social safety nets promote that welfare for the good of the whole nation by reducing poverty and putting consumer dollars in the hands of consumers.

    - - - Updated - - -

    If it's correct the first time, it should have been enough.

    (btw... It was correct the first time).

    - - - Updated - - -

    The founders left it to future generations to determine how their congress would deal with promoting the general welfare of the nation.
     
  14. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    Like I wrote earlier, that is a view/opinion which has been promoted by reading into the Constitution to produce a result that did not/does not exist.
    While it is true that poverty can be reduced by putting producer acquired dollars into the hands of non-productive consumers, if the number who are lining in poverty is not being significantly reduced as a result, it is not a solution to the problem but contributes to making it worse.


    Thank you for expressing your opinion.

    The founders left it to future generations to amend the Constitution; quite different from allowing it to be reinterpreted by activist elected and appointed politicians.

    Welfare spending, while being a significant source contributing to the Federal deficit and growing Federal debt is not the only source, so should we not be discussing IF/WHY Federal DEFICITS are bad or not bad?
     
  15. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    our federal Congress is delegated the Social power to legislate, "in all cases whatsoever" in the federal districts, including not only promoting but also providing for the general welfare of the People.

    I believe federal deficits are merely an exhibit of a lack of Faith in Capitalism by our elected representatives; we have an official Mint as proof.
     
  16. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    Didn't you post that previously? But maybe you should explain in more detail where "in all cases whatsoever" is an enumerated power of our Federal congress.

    Could you elaborate as to how you acquired that belief? And how does the 'official' Mint serve as proof of that belief?
     
  17. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    It is in Article 1, Section 8.

    Good Capitalists should always strive to make more money, with enough money; we have an official Mint at our disposal.
     
  18. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    Could you quote the words from the Constitution that you imply to be supportive of your post? I can find nothing in Article 1, Section 8 of my copy of the Constitution that produces or promotes your belief.
     
  19. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    It is in Article 1, Section 8.

     
  20. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    "To exercise exclusive legislation in all cases whatsoever, over such District (not exceeding ten miles square) as may, by cession of particular states, and the acceptance of Congress, become the seat of the government of the United States, and to exercise like authority over all places purchased by the consent of the legislature of the state in which the same shall be, for the erection of forts, magazines, arsenals, dockyards, and other needful buildings;--And..."

    Do you not see the difference between the words from the Constitution and those which you posted?
     
  21. Shanty

    Shanty New Member

    Joined:
    Dec 30, 2008
    Messages:
    1,595
    Likes Received:
    8
    Trophy Points:
    0
    That's your opinion. It's not supported by anything. But you are free to believe it anyway.

    You're making an assumption that the poor aren't productive, when the largest fortunes in the US were built in areas of large poverty. Look, along with government programs, there should be the free abilities for workers to bargain collectively, if they choose, so that economic liberty is achieved for regular people. One quirk where the Constitution is being subverted is the restriction of 1st Amendment rights of labor unions to enact secondary boycotts of parent companies, or subsidiaries of a company engaged in a labor dispute. Monetary policy, aiding growth and expansion of US goods and services is necessary. Mostly, I'd let the private sector handle it if the freedom to join unions is allowed more. It gets people working, paying into the tax base, and off of government subsidies, when wages rise for working people.


    any time. Since he was right, and I'm basing this on the facts known, then it needed to be said. All too often, people get blinded by their ideology. It's why I steer clear of thinking like ideologues do.



    Which is why we've generally stuck pretty close to the. US Constitution, in the US. This forum has people from all over the world, and so your constitution may be different from the one governing the US.

    Welfare spending, the kind going to the poor and children of the poor, makes up an extremely small portion of Federal discretionary budgets. Corporate welfare is a large share (including much of the military budgets) of the budget, and thus a large part of the deficits. I'd just as soon spend more money on infrastructure, and less on military, except where its help for vets, as those who have been physically, mentally and emotionally hurt through injuries should be well taken care of and not left to be homeless or destitute. Generally, deficits are no big deal, so long as the deficits do not raise debt more than can be paid down by revenues, GDP growth and inflation. We can easily reduce deficits by infrastructure investments putting people to work, while encouraging wealth growth through more opportunity. Look at how the Interstate highway system created wealth in places that had less access to the outside world, and could cater to travelers, and people moving goods. It was opportunity that was created.
     
  22. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Do you not understand the power to legislate "in all cases whatsoever" and " including not only promoting but also providing for the general welfare of the People."
     
  23. Ndividual

    Ndividual Well-Known Member

    Joined:
    Aug 21, 2013
    Messages:
    3,960
    Likes Received:
    638
    Trophy Points:
    113
    Did you miss "over such District (not exceeding ten miles square) as may, by cession of particular states, and the acceptance of Congress, become the seat of the government of the United States"?

    And where are you finding the words "including not only promoting but also providing for the general welfare of the People."?
     
  24. Shanty

    Shanty New Member

    Joined:
    Dec 30, 2008
    Messages:
    1,595
    Likes Received:
    8
    Trophy Points:
    0
    The text of the US Constitution says:
     
  25. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    It is simple if you pay attention. Promoting and also providing for the general welfare of the People in the federal districts is a power already delegated to our federal Congress. You merely need to start with the preamble. Article 1, Section 8 covers the rest.
     

Share This Page