Treasury will again borrow $1 trillion to pay for Trump tax cuts, spending

ArmenianJohn

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Treasury will borrow $1 trillion for 2nd straight year to pay for Trump's tax cuts, spending

More fiscal irresponsibility and smoke and mirrors by the GOP/Trump. The conservatives want free stuff - free money, so they get to save a hundred or two hundred in taxes (if that) and in exchange they are happy for the country to plunge $trillions further into debt.

This why nobody believes any Republican who whines about the deficit because they clearly don't care one whit.
 

rambot

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Well the title is half right.

It’s the spending that is out of control. Who again holds the purse strings??
You slash your income.
And the problem remains the expenditures?
 
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Acts2:38

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Treasury will borrow $1 trillion for 2nd straight year to pay for Trump's tax cuts, spending

More fiscal irresponsibility and smoke and mirrors by the GOP/Trump. The conservatives want free stuff - free money, so they get to save a hundred or two hundred in taxes (if that) and in exchange they are happy for the country to plunge $trillions further into debt.

This why nobody believes any Republican who whines about the deficit because they clearly don't care one whit.

The national debt doubled itself when Obama had office, yet I don't really think you complained then did you?

Double standard any?
 
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ArmenianJohn

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The national debt doubled itself when Obama had office, yet I don't really think you complained then did you?

Double standard any?
I didn't?

Tu quoque any?
 
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Acts2:38

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You slash your income.
And the problem remains the expenditures?

That is a huge problem.

There is tons of bureaucratic waste, ridiculous social programs and entitlements. Giving billions to countries that hate us. Yea, expenditures.
 
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Acts2:38

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It's not about the debt--neither side cares much about that--it's about how the borrowed money gets spent.

I'd say you hit the nail on the head here.

That is a big problem though that has to be dealt with.
 
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ArmenianJohn

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haha! What, did you just learn that? You don't even know how to apply it.
I just applied it. So that's your best response? Not surprised.
 
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Acts2:38

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I just applied it. So that's your best response? Not surprised.

Yes, I see you "applied" it. I said you don't know how to. Also, I wasnt looking for a crafty response, just simple information for you if you are going to use words you just learned and make attempt to use them.
 
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FenderTL5

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The national debt doubled itself when Obama had office, yet I don't really think you complained then did you?

Double standard any?
Not really. debt and deficit are not the same thing.
Yes, the debt doubled but the Obama administration at least made an effort to reduce the deficit. Given the deficit increases, without being addressed, Trump will increase the debt dramatically more than Obama did.
 
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iluvatar5150

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The national debt doubled itself when Obama had office, yet I don't really think you complained then did you?

Double standard any?

There's a big difference between running large deficits because you're in the middle of / coming out of a once-in-a-lifetime recession and running large deficits just because you want to make your voters happy.

It's not unlike the difference between accruing debt for a house or medical school vs accruing debt because you really wanted a Porsche.
 
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rambot

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That is a huge problem.

There is tons of bureaucratic waste, ridiculous social programs and entitlements. Giving billions to countries that hate us. Yea, expenditures.
Yeah. I don't buy that.
Give me EXACT names of programs and entitlements. Keeping in mind that "they don't benefit me" is not a reasonable justification. Also "it's stupid" is not. You need to convince me that the people who DO benefit from those programs, don't actually need those programs.
 
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Acts2:38

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Not really.

Yes, he did double.

Double standard = In the sense no one complained about it

debt and deficit are not the same thing.

Never said otherwise. Just wanted to point out a simple fact, that no one complained about the doubling of debt, which is indeed true.
 
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rambot

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The national debt doubled itself when Obama had office, yet I don't really think you complained then did you?

Double standard any?
A double standard happens when the context is the same.

I had absolutely no idea that Trump was dealing with a tanking economy that was in need of significant restoration.

I'm not sure why that would need to be pointed out.
 
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Acts2:38

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A double standard happens when the context is the same.

I had absolutely no idea that Trump was dealing with a tanking economy that was in need of significant restoration.

I'm not sure why that would need to be pointed out.

First, this comment wasn't applied to you.

Second, The OP'er is basically trashing on conservatives about this topic, yet I highly doubt they were concerned when the same happened under obama. That, my friend, is a double standard on their part.
 
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Acts2:38

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In the face of an economy that's booming right now, I'll take it. The long term looks good. (as long as Trump gets another term anyway)

While I would agree, a country just can't keep racking up debts at insane rates, or even just not place interest in paying them down at any beneficial rate either. Theres bound to be a clashing with this kind of thing in the future.

A boom does help though. More people working = more taxes collected. More people with work invest more into the economy "greasing the wheels". Those effects should help.
 
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rambot

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First, this comment wasn't applied to you.

Second, The OP'er is basically trashing on conservatives about this topic, yet I highly doubt they were concerned when the same happened under obama. That, my friend, is a double standard on their part.
First, I recognize that.

Second, you ignoring the context of the situation does not make it unimportant. I'm sorry your understanding of the phrase double standard is incorrect.
 
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