Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio

Author: n8nrgim

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#1
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Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio
Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently.

it's completely irresponsible to put the government's spending on our credit card, like reagan, bush jr, and trump did. the article shows if they hadn't done that, our debt would be permanently manageable. so what do these goons do? they cut taxes primarily for the wealthy and then try to find ways to cut spending to regular people. republians just passed a resolution that they want to cut one and a half trillion per year from the budget. the only way to do that, is to cut medicaid to the poor and food stamps, among other things. every other civiilized society knows it's just part of living in a civilized socieity that you provide these services. i think the conservatives who wanna cut these things, aren't enlightened compared to the rest of civilized society... no, these conservatives including you guys here, are brainwashed. half of conservatives dont know that trump is trying to attack their welfare, given red states take in disproportionately more in these services than blue states. and the ones that do know better, are stupid and brainwashed. that's all conservatives are on these issues... ignorant, stupid, and/or brainwashed. 
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@n8nrgim
Government spending is the only cause of government debt.
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@Best.Korea
that's a truism. blaming spending doesn't justify putting things on the credit card.  if you start putting your living expenses on a credit card, who is to blame for that? 
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@n8nrgim
Doge will make taxation a relic of the past.
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@Greyparrot
Doge will make taxation a relic of the past.
Doge needs to cut government spending by 3 trillions. Trump is smart to understand that people can be richer only if government spends less.

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FLRW
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@n8nrgim
We need to get back to a balanced budget. Eisenhower said in 1953, So, whether we are ready to face the job this minute or any other time, the fact is there must be balanced budgets before we are again on a safe and sound system in our economy. That means, to my mind, that we cannot afford to reduce taxes, reduce income, until we have in sight a program of expenditures that shows that the factors of income and of outgo will be balanced. Now that is just to my mind sheer necessity.
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@FLRW
Here is what Hitler thinks of tax cuts:

"*Chuckles darkly, a sinister grin spreading across his face.* Tax cuts, mein Fuhrer? Ha! In my vision of a powerful, self-sufficient Germany, we will need no such petty concessions to the bourgeoisie and their love of gold. *He leans back in his chair, steepling his fingers.* Under the Third Reich, the economy will be rigorously managed in the service of the state and the Volk. We will redirect resources, mobilize industry, and unleash the creative energy of our people to achieve unparalleled heights of prosperity and might."
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@Best.Korea
How do you feel about Trump cutting the military budget in half to save 500 billion a year?
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@Greyparrot
How do you feel about Trump cutting the military budget in half to save 500 billion a year?
I guess its fine. No country on Earth can defeat USA anyway. But what I really want to see is medicare and medicaid being reduced significantly, if not completely removed. Switzerland doesnt have government payed healthcare, and they are doing great.
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@Best.Korea
Switzerland subsidized it's healthcare insurance. Their system is basically obamacare that covers everyone. Every developed country except the usa provides universal healthcare to all their citizens at half the cost with usually better wait times
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I can spend my money better than the government can
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Shila
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How do you feel about Trump cutting the military budget in half to save 500 billion a year?

Trump spent over 2.2 trillion dollars on the military in his first term.
Rebuilt the military and created the Sixth Branch, the United States Space Force

Completely rebuilt the United States military with over $2.2 trillion in defense spending, including $738 billion for 2020
Secured three pay raises for our service members and their families, including the largest raise in a decade
Established the Space Force, the first new branch of the United States Armed Forces since 1947
Modernized and recapitalized our nuclear forces and missile defenses to ensure they continue to serve as a strong deterrent
Upgraded our cyber defenses by elevating the Cyber Command into a major warfighting command and reducing burdensome procedural restrictions on cyber operations
Vetoed the FY21 National Defense Authorization Act, which failed to protect our national security, disrespected the history of our veterans and military, and contradicted our efforts to put America first.

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@ILikePie5
I can spend my money better than the government can
Better for yourself? Of course. That's not the purpose of government.
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@Double_R
I can spend my money better than the government can
Better for yourself? Of course. That's not the purpose of government.
Inflation is the biggest problem for the average household.
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@Double_R
Better for yourself? Of course. That's not the purpose of government.
Someone loves government spending porn
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@Double_R
Better for yourself? Of course. That's not the purpose of government.
Government will always love you.

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@ILikePie5
What does you being better at spending money than the government have to do with the government putting spending on our credit card? 

And, if anything, you are being provided a loan of your own money, by charging it to your and everyones children. How virtuous of you.
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@n8nrgim
Corruption is the main reason why there's so much waste and debt. No doubt about it.
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Corruption is the main reason why there's so much waste and debt. No doubt about it.


Over the course of five decades, Donald Trump has been accused of sexual assault, tax evasion, money laundering, non-payment of employees, and the defrauding of tenants, customers, contractors, investors, bankers, and charities. Also filed 6 bankruptcies. Trump paid 88.5 million to E.Jean Carroll for raping and defaming her. Trump was charged with paying hush money to porn stat Stormy Daniels to keep secret their sexual encounter while Melania was pregnant with Barron. Trump's false or misleading claims total 30573 over 4 years .
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Friendly reminder that multi-year tax cuts are multi-year, while a new budget has to be passed annually. In other words, if you see that the tax cuts are still in effect and you vote for a budget exceeding projected receipts anyway, then you don't get to blame the tax cuts for the ensuing deficit.
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@ILikePie5
Better for yourself? Of course. That's not the purpose of government.
Someone loves government spending porn
No, someone understands civics 101.

The role of the private sector is to look out for its own individual self interests. The role of the government is to look out for the interests of the whole.

We can disagree on whether we should be spending money on X or Y, but blanket demonization on government itself, as if the private sector will suddenly fill in that gap and do what's in the best interests of the whole is egregiously ignorant.
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@Swagnarok
Friendly reminder that multi-year tax cuts are multi-year, while a new budget has to be passed annually. In other words, if you see that the tax cuts are still in effect and you vote for a budget exceeding projected receipts anyway, then you don't get to blame the tax cuts for the ensuing deficit.
That was exactly what Trump wants to do. Extend the tax cuts and increase the spending limit for his second term.
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@Shila
That was exactly what Trump wants to do. Extend the tax cuts and increase the spending limit for his second term.

Fake news. DOGE doesn't need tax cuts or increased debt to accomplish its mission.
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@Double_R
The role of the government is to look out for the interests of the whole.
In a Democracy, they look after 50.1% of the whole. That's why the government fails for so many people.
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@Greyparrot
In a Democracy, they look after 50.1% of the whole. That's why the government fails for so many people.
Democracy is when you have 100 people and 60 of them decide to start punching the other 40.

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@Greyparrot
The role of the government is to look out for the interests of the whole.
In a Democracy, they look after 50.1% of the whole. That's why the government fails for so many people.
The department of defense wasn't invented to help 50.1% of the country. The department of education wasn't invented to help 50.1% of the country. The department of agriculture wasn't invented to help 50.1% of the country.

This is the problem with MAGA. Trump has so rotted your brains into thinking everything in politics is us vs them that you all forgot or are just to ignorant to have ever understood why we have a government in the first place.
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@Double_R
The department of defense wasn't invented to help 50.1% of the country.
You are right, it was invented to help the 1 percenters investing in forever wars and defense stocks.

The department of education wasn't invented to help 50.1% of the country.
You are right, it was invented to secure the vote of teachers who are 1% of the population.

The department of agriculture wasn't invented to help 50.1% of the country.
You are right, it was invented to secure the vote of farmers who are 3% of the population.

Trump has so rotted your brains into thinking everything in politics is us vs them that you all forgot or are just to ignorant to have ever understood why we have a government in the first place.
Correct, Trump has rotted your brain with TDS to the point that you support unaccountability and waste and fraud.