12-04-2017, 02:58 PM
(12-04-2017, 02:33 PM)JustWinBaby Wrote: LMFAO...the problem is they usually raise spending even more, thus fixing nothing.
SMH over people who railed on the debt and deficits for the past 8 years looking the other way now, while people who ignored debt and deficits for 8 years (and blamed Repubs for "obstructing" MOAR spending) are suddenly deficit hawks.
I'm not disputing that the fiscal policy from both parties has been a mess, but when we go from reducing the deficits to increasing them again while we are in a stable economic period is not the best idea. Especially when the party reversing the decreases is the one that purports to be one of fiscal conservatism. I think we're all aware that these people are all full of it.
(12-04-2017, 02:33 PM)JustWinBaby Wrote: For people trying to quantify their anger and direct fair and objective rage at the parties, the $1T cost of this plan will probably produce about 2-3X the growth as Obama's $1T porkulus.
Are you referring to the ARRA/Obama's stimulus? That was a $831 billion bill that, had it not had any impact on the economy at all, would have had less of a deficit impact that the two different tax bills put forth. Keep in mind that the $800 billion to $1.5 trillion deficit increases are after any economic growth is calculated in.