No, Lisa, it is NOT the Democrats who are in love with deficits. It is the Republicans.
The entirety of the federal debt is the consequence of accumulated Republican fiscal mis-management, including massive deficits, first under Reagan and Bush Sr and then, following Clinton’s transformation of then-record deficits into record surpluses, Bush Jr transformed the record Clinton surpluses back into new record deficits, with two unfunded wars, tax cuts and corporate welfare for the few richest elites and lack of oversight over financial and capital markets leading to an economic collapse. (Dick Cheney famously counseled Bush Jr that “Reagan proved that deficits don’t matter.”) All that blather about deficits from Republicans is a lie. A pretense. Lip service. It is the Republicans who create deficits, then smear the lip service lipstick on their pig and blame it (falsely) on Democrats.
Republicans will only start caring about deficits and the national debt again when there is a Democrat in the White House.
After BUSH crashed the economy and blew a hole in the deficit, Obama came along and rescued us from the Bush economic free fall and could have done even more if he hadn’t faced unprecedented Republican obstruction and filibuster abuse as he tried to FIX what THEY BROKE. Despite this unprecedented obstruction, Obama has had amazing success in cutting back the size of government, reducing by 2/3 the record deficits he had inherited from Reagan/Bush/Bush with a record 84 consecutive months of job gains.
And now, once again, Trump is following the Bush Jr play book, and has blown up the deficits and debts to new stratospheric levels to provide corporate welfare and tax giveaways to the few richest elites who already had the most.
While it’s true that Dems raise the deficit by their bills to help out the population, Repubs end up with higher deficits by their cutting of taxes without equal amounts of cost cutting.
I see a lot of people saying that only republicans add to the deficit. Then explain to me how is it that Obama added $6.785 trillion to the deficit by the end of the 2017 fiscal year? George W Bush only added $3.293 trillion for comparison. Obama had his own tax cuts in 2010 which added a lot to the deficit and he increased military spending which added a lot as well.
The Republican propagandists are much better at creating the perception that the Democrats cause all the nation’s problems while the Democrats count on logic and reason and do not effectively counter the highly emotional disinformation that is disseminated in red states. The propagandists do not challenge those who think: that the world is flat, those who think the sun travels around the earth, those that think vaccines are bad for you, those that think the world is ending, or those who think the bible is right and math. science, facts, and figures are wrong but rather build on their self-described “conservative” beliefs to create the perception that the Democratic party is the root of all evil.
GW Bush, the only president to cut taxes during a time of war. The top 10 percent didn’t sacrifice for the war effort. They didn’t send their children or spend their money on it. In fact, the made money off of the war, while the rest of the country suffered.
This just slays me! With GOP, it’s do as we say not as WE DO? Where’s the spineless DEMS? They have not begun to fight…NOR will they…they need a few pages from the GOP PLAYBOOK….THEY SPEND MORE TIME TALKING ABOUT IT THAN ACTIONS TO SQUELCH THE PROBLEMS…BLEAH
The national debt of $22 Trillion is peanuts compared to the unfunded liabilities of social security, medicare, and Medicaid which is estimated to be somewhere between $100 to $200 Trillion and who know what else will get promised by the AOC Party. Social Services accounts for 65% of the budget and National Defense 15% which helps understand where the bigger part of problem may be.
Well, Lisa is at least willing to suggest that the GOP is also into deficit spending. Which is a partial truth: History shows that in fact the Dems are much better at controlling total spending, though they too engage in plenty of pork for their own districts. What they don’t do is lower taxes on the rich, and spend such a huge percent of the annual budget on war, war materiel, and war-based contract services.
You’d fit right into Sarah Huckabee’s sandals Lisa. I’m sure Trump’s would be delighted to employ you. Take Mike Lee, Orrin Hatch and the rest of Utah’s Conngressworms with you.
Democrats are not innocent of deficit spending, but when Republicans attack them over this, they are the pot calling the kettle black – when the pot is a lot blacker. Which party, I ask, hollers for more “defense” spending when we already spend an obscene amount on our military, and the Pentagon can’t pass an audit?
tauyen almost 5 years ago
the joy of selective memory: Guess she forgot which party added a trillion to the deficit with tax cuts.
DD Wiz Premium Member almost 5 years ago
Lisa Benson here perpetuates the BIG LIE.
No, Lisa, it is NOT the Democrats who are in love with deficits. It is the Republicans.
The entirety of the federal debt is the consequence of accumulated Republican fiscal mis-management, including massive deficits, first under Reagan and Bush Sr and then, following Clinton’s transformation of then-record deficits into record surpluses, Bush Jr transformed the record Clinton surpluses back into new record deficits, with two unfunded wars, tax cuts and corporate welfare for the few richest elites and lack of oversight over financial and capital markets leading to an economic collapse. (Dick Cheney famously counseled Bush Jr that “Reagan proved that deficits don’t matter.”) All that blather about deficits from Republicans is a lie. A pretense. Lip service. It is the Republicans who create deficits, then smear the lip service lipstick on their pig and blame it (falsely) on Democrats.
Republicans will only start caring about deficits and the national debt again when there is a Democrat in the White House.
After BUSH crashed the economy and blew a hole in the deficit, Obama came along and rescued us from the Bush economic free fall and could have done even more if he hadn’t faced unprecedented Republican obstruction and filibuster abuse as he tried to FIX what THEY BROKE. Despite this unprecedented obstruction, Obama has had amazing success in cutting back the size of government, reducing by 2/3 the record deficits he had inherited from Reagan/Bush/Bush with a record 84 consecutive months of job gains.
And now, once again, Trump is following the Bush Jr play book, and has blown up the deficits and debts to new stratospheric levels to provide corporate welfare and tax giveaways to the few richest elites who already had the most.
Ignatz Premium Member almost 5 years ago
Deficits go DOWN under Democrats and UP under Republicans.
“Reagan proved that deficits don’t matter.” – Dick Cheney
Patjade almost 5 years ago
Deficits only seem to matter when Democrats are in the majority.
preacherman almost 5 years ago
While it’s true that Dems raise the deficit by their bills to help out the population, Repubs end up with higher deficits by their cutting of taxes without equal amounts of cost cutting.
RonnieAThompson Premium Member almost 5 years ago
briancs159 almost 5 years ago
I see a lot of people saying that only republicans add to the deficit. Then explain to me how is it that Obama added $6.785 trillion to the deficit by the end of the 2017 fiscal year? George W Bush only added $3.293 trillion for comparison. Obama had his own tax cuts in 2010 which added a lot to the deficit and he increased military spending which added a lot as well.
walfishj almost 5 years ago
So far no one -not even a republican – has proven that there is anything wrong with deficit spending. Quite the contrary
superposition almost 5 years ago
The Republican propagandists are much better at creating the perception that the Democrats cause all the nation’s problems while the Democrats count on logic and reason and do not effectively counter the highly emotional disinformation that is disseminated in red states. The propagandists do not challenge those who think: that the world is flat, those who think the sun travels around the earth, those that think vaccines are bad for you, those that think the world is ending, or those who think the bible is right and math. science, facts, and figures are wrong but rather build on their self-described “conservative” beliefs to create the perception that the Democratic party is the root of all evil.
Kurtass Premium Member almost 5 years ago
GW Bush, the only president to cut taxes during a time of war. The top 10 percent didn’t sacrifice for the war effort. They didn’t send their children or spend their money on it. In fact, the made money off of the war, while the rest of the country suffered.
Radish the wordsmith almost 5 years ago
Guess which party screams about deficits when the Dems are in charge.
Zebrastripes almost 5 years ago
This just slays me! With GOP, it’s do as we say not as WE DO? Where’s the spineless DEMS? They have not begun to fight…NOR will they…they need a few pages from the GOP PLAYBOOK….THEY SPEND MORE TIME TALKING ABOUT IT THAN ACTIONS TO SQUELCH THE PROBLEMS…BLEAH
DrDon1 almost 5 years ago
Next, Benson will depict the ’Thrill you get when you dance with this pig!"
Alberta Oil Premium Member almost 5 years ago
Looks like the Republican is getting ready to pucker up to the right end of that piggy
watashi73 almost 5 years ago
The national debt of $22 Trillion is peanuts compared to the unfunded liabilities of social security, medicare, and Medicaid which is estimated to be somewhere between $100 to $200 Trillion and who know what else will get promised by the AOC Party. Social Services accounts for 65% of the budget and National Defense 15% which helps understand where the bigger part of problem may be.
red6235 almost 5 years ago
Don’t worry it will pay for itself. It might take 40 or fifty years, but we have to pay for Reagan’s first and then Bush the lessers.
gcottay almost 5 years ago
Lisa, that Trump lies all the time does not given people of integrity a free pass. Do you really want to be like Trump?
Concretionist almost 5 years ago
Well, Lisa is at least willing to suggest that the GOP is also into deficit spending. Which is a partial truth: History shows that in fact the Dems are much better at controlling total spending, though they too engage in plenty of pork for their own districts. What they don’t do is lower taxes on the rich, and spend such a huge percent of the annual budget on war, war materiel, and war-based contract services.
Condoreggs Premium Member almost 5 years ago
You’d fit right into Sarah Huckabee’s sandals Lisa. I’m sure Trump’s would be delighted to employ you. Take Mike Lee, Orrin Hatch and the rest of Utah’s Conngressworms with you.
DeepState almost 5 years ago
Republicans don’t care about deficit spending, as long at the rich get richer…..
William Bednar Premium Member almost 5 years ago
Really, Lisa, when the GOP approved a trillion dollar deficit Tax Cut for the upper 1%? Where’s your ire over that?
FreyatheWanderer almost 5 years ago
Democrats are not innocent of deficit spending, but when Republicans attack them over this, they are the pot calling the kettle black – when the pot is a lot blacker. Which party, I ask, hollers for more “defense” spending when we already spend an obscene amount on our military, and the Pentagon can’t pass an audit?