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Faith  Suspended Member (Idle past 1473 days) Posts: 35298 From: Nevada, USA Joined: |
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Author | Topic: The Right Side of the News | |||||||||||||||||||||||||||||||||||||||
Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
Faith writes: Millions on food stamps and unemployment that are now off those under Trump. This is still just as wrong as the first time you said it, but since you said it again I'll rebut it again. SNAP costs began falling under Obama during his second term and continued to fall under Trump:
And the unemployment rate began falling under Obama around 2010, fell every year since, and have continued falling under Trump:
You have really got to stop getting all your "information" from conservative talk show hosts. They're lying to you to get you worked up so that you have to keep coming back to get another adrenaline fix. Read some actual news. --Percy
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
Faith writes: It is the cutting of those taxes that gets the poor off unemployment and food stamps because it frees the rich to expand their businesses and create more jobs. Except that the rich didn't expand their businesses. There has been no significant increase in business investment since the Trump tax cuts, and concerning economic growth, here's the latest CBO data and projections:
As you can see, economic growth quickened during 2016 and continued into the Trump years, but last year experienced the slowest growth of the Trump era (2.3%) and was only 2.1% in the fourth quarter. GDP growth is projected to continue declining.
Without the rich there would be no opportunities for the poor at all, no opportunities for them to possibly become rich for instance. So tax the rich into oblivion, into leaving the country and you'll only create more poverty and drag the country down. You're purposefully misstating the position. No one wants to eliminate the wealthy. The argument is that income should be taxed fairly, which means that in any progressive tax system, such as ours, the more income the higher percentage of that income one pays in taxes. Unfortunately it doesn't work this way. Through a variety of tax loopholes only available to those of wealth, higher income usually means lower taxes, as measured by percentage. For example, Mitt Romney pays about 20% of his annual income in taxes, and his annual income is many, many millions of dollars. When I was working I paid around 18%, and I never made anywhere close to a million dollars in any single year. Does that sound fair to you?
The Left never will understand how capitalism works, how it was capitalism that make America the most prosperous nation in the world and how socialism stifles everything that brings about prosperity, everything that creates jobs and opportunity, everything that stimulates the creativity that improves life. You are again purposefully misstating the position. No one wants to eliminate capitalism and have the state own the means of production. Why do you keep raising this bogeyman? In western parlance socialism only mean social programs like Social Security, Medicare, SNAP, and so forth.
It's what stimulates people to start their own businesses for instance. You can get off food stamps and start being creative for a change. Everyone's in favor of capitalism. Why are you implying some aren't? --Percy
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9
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Faith writes: Well, everybody knows the economy is booming under Trump and was staggering under Obama, except diehard Ldeftists who have no sense of reality. Why do you continue making these ludicrously wrong statements? This has been disproven over and over. Here's the graph of the unemployment rate again:
The unemployment rate began dropping around 2010 and has been dropping ever since. And here is the graph of GDP growth. GDP resumed growing after 2010 and has been growing ever since:
There was a giant recession, almost a depression, that began at the end of the Bush presidency and continued through the first year of so of the Obama presidency. You can accurately characterize the economy as staggering at that time. For the rest of the Obama presidency there was continuous growth. --Percy
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
Faith writes: I got the erroneous idea from this discussion that the deficit was all about what the President spends,... The Constitution gives Congress control over the purse strings, though of course the president does have influence because he must sign all legislation. Presidents are responsible for spending the money Congress allocates on the programs it creates through legislation. But presidents have their ways. I'm reminded of one of the early American presidents, it might have been Monroe, who wanted congressional funding for a world tour by the US Navy as a show of American strength. Congress wouldn't allocate the funds, so Monroe sent the fleet halfway around the world, which is all he had discretionary funds for, and then told Congress that if they wanted the fleet back that they'd have to allocate the money for it, which they did.
...but in fact it includes those mandatory social programs that can't be cut. They're called entitlements, and it's not true that they cannot be cut. They can be both increased and reduced through legislation. For instance, Trump has proposed reducing Social Security and Medicare in order to help reduce the deficit. What makes these programs entitlements is that anyone who qualifies under the specified criteria gets the money that year, regardless of anything like tax revenues or the size of the deficit that year. For example, many people defer receiving Social Security until age 70, but if some economic event caused a much larger number of people to decide to apply now then that would increase the financial demands upon Social Security. Everybody who applies and qualifies gets the money. But Congress can always make changes to the level of benefits. It has been predicted that sometime in, I think, the 2030's that Social Security will no longer be solvent and that benefits will have to be cut.
According to this web site military spending is the cause of increase under Trump, but I can't get an overall picture from this discussion that makes much sense to me. Democrats want to cut the military of course, but there must be plenty of other bloated programs to consider cutting. US Budget Deficit by Year I don't see what's so hard to understand. Ask questions. About Democrats wanting to cut the military, I don't really know. But I hope everyone would like to reduce our foreign entanglements so that we can reduce military spending. --Percy
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jar Member (Idle past 422 days) Posts: 34026 From: Texas!! Joined:
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A more honest appraisal is that Trump and today's Republicans would like to raid the funds in the Social Security and Medicare Trusts to steal those funds to pay for their stupidity and greed.
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
frako writes: Trump is spending more money he does not have then Obama spent when he used it to fix the financial hole bush made. The Obama deficits during the 2010 recession were enormous, historic, and not expected to be exceeded anytime soon:
--Percy
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frako Member (Idle past 334 days) Posts: 2932 From: slovenija Joined: |
U.S. National Debt Clock : Real Time
Actual deficit is very close. and the official deficit is over a trillion. Edited by frako, : No reason given.Christianity, One woman's lie about an affair that got seriously out of hand What are the Christians gonna do to me ..... Forgive me, good luck with that.
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
Faith writes: I daydream about ways to make money, writing a book is one... Yes, Faith, write a book. You are a fantastic writer, and the forceful and effective way you make your points for the Trumpist point of view, particularly the way you make up or ignore facts as circumstances dictate, is top notch. I don't mean this as an insult. Your propaganda is amazing, especially since you believe it yourself. Kellyanne Conway has nothing on you. Let the conservative talk show hosts fill your head, then let the words flow. You'll need a detailed outline, maybe you could get some help here. Or maybe you want to write a novel. You can get practice at sites like NaNoWriMo. --Percy
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
Faith writes: They are paid for out of tax money, where else would it come from? Look at the link. Tracing back through the subdiscussion, you're talking about Social Security. It does not come out of tax money. When you were working you might recall that your paystubs had three federal deductions:
This month's Social Security payroll deductions fund this month's Social Security payments. There's a trust fund that's currently at a surplus to smooth out the inevitable variations. The trust fund is expected to begin running a deficit next year and will be insolvent by around 2035. --Percy
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9 |
Faith writes: There's really no point in having this discussion. Nobody knows anything, it's really all based on partisan politics as everything is these days. The only one here who's demonstrated confusion, ignorance, and an inability to look anything up, is you. Practically every claim you've made has been documented to be wrong. So of course you're impelled to throw up your hands and declare, "Nobody really knows anything for sure, we're all equals here," but that's not true. --Percy
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Percy Member Posts: 22502 From: New Hampshire Joined: Member Rating: 4.9
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PaulK writes: The deficit is from spending MORE money than comes in. Spending may be largely fixed but a lot of the problem is Trump cutting the government’s income, and the rest is adding spending. Income tax revenues have increased slightly under Trump. I posted this earlier:
I don't know about other sources of government revenue, but I expect income from tariffs have also increased. --Percy
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Faith  Suspended Member (Idle past 1473 days) Posts: 35298 From: Nevada, USA Joined: |
They're called entitlements, and it's not true that they cannot be cut. They can be both increased and reduced through legislation. For instance, Trump has proposed reducing Social Security and Medicare in order to help reduce the deficit. Yes I know they are called entitlements, that's what I was calling them until I encountered people like the Heritage Foundation official calling them mandatory. Apparently both words are used. Obvoiusly there would be some noisy objections to cutting any of these programs; sure you can always add to them. But nobody mentions cutting them because it would threaten their political life. The Heritage Foundation guy, Bogie, did suggest on Mark Levin's program, nott this video as far as I remember, but Levin's program that they are going to have to be cut if we don't want the experience of their going bankrupt, that China and Japan own these programs so we are paying them when we pay into them as that the sooner we can cut them back the better. He said we'd have to cut them from those people who have the means to do without them, who have funds for their retirement without Social Security, and funds for medical care without Medicare or Medicaid. It's a socialist style solution, take from the rich, but it sounds to me like the only possible solution. It probably wouldn't survive mentioning in Congress or by the President, however, let alone ever get close to being enacted. Unless, I suppose, we had a huge public education program to pave the way. I don't recall his estimating how much cutting out these recipients would actually reduce the debt, however.
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Faith  Suspended Member (Idle past 1473 days) Posts: 35298 From: Nevada, USA Joined: |
"Duh" yourself. Of course it was implicit that everything she said was true, that what Bolton told her was true. I was responding to the ridiculous statement MADE BY YOU that nowhere in the testimony did she claim what Boltonj said was true, as if that contradicted the idea that it was hearsay. That was the "duh" remark, YOUR own remark. Kindly follow the discussion. Thank you.
Edited by Faith, : No reason given. Edited by Faith, : No reason given. Edited by Faith, : No reason given.
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JonF Member (Idle past 196 days) Posts: 6174 Joined: |
Or raise taxes until the rich pay their fair share.
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JonF Member (Idle past 196 days) Posts: 6174 Joined: |
Dupe
Edited by JonF, : No reason given.
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