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  #41 (permalink)  
Old 01-17-2008, 07:39 PM
nonsqtr nonsqtr is offline
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Default here's what we want change "from".....

Why "change", you ask?

I'm glad you asked that question -

Here, let me show you:

Note well, the image of the scholar....
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  #42 (permalink)  
Old 01-17-2008, 08:19 PM
gmb92 gmb92 is offline
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Originally Posted by Blade View Post
Clinton decimated the military. And "debacle"? Notice the continuing appeaser inability to come to terms with success in Iraq?
Republican talking points. Clinton's military was plenty strong, but not bloated. Notice the loyal Bush supporter's inability to come to terms with the Iraq debacle.
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Old 01-17-2008, 08:25 PM
gmb92 gmb92 is offline
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I don't share your belief that we will have net spending reductions. I agree that the Dems will spend on different things, but the amount they spend won't go down.
When considering the cost of the Iraq war that gridlock hasn't stopped, I think the net would decrease. At the very least, it wouldn't increase noticeably, which is what has happened drastically under 6 years of Republican rule.

Quote:
Assuming that's true, they will just move funds from there to New Program A.
That didn't happen in 93-94. Domestic spending remained stable while military spending was trimmed.
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  #44 (permalink)  
Old 01-17-2008, 09:01 PM
gmb92 gmb92 is offline
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Another expense that began to compress and then fall by the late 90's was national debt interest, which in part was made possible by the 1993 Deficit Reduction Act, which brought in hundreds of billions in new revenues. The budget reports under Bush2 still benefit from that today, although you wouldn't know it by looking at the totals.

Quote:
Interest on the debt actually increased substantially in the late 90's. It didn't start to decrease until 2001. http://www.treasurydirect.gov/govt/r...ir_expense.htm
Adjusted for GDP, 1995 was the turning point. 0.9 percent of the 2.3 percent reduction in Outlays from 1995 to 2000 was debt interest. Page 6.

http://www.cbo.gov/budget/data/historical.pdf

There is a delay between when fiscal policies are enacted and debt interest is affected. Only in the last couple of years are we beginning to see the increase in debt from the early 00's fiscal policies.

Much of the other 1.4 percent was the strong economic growth increasing the denominator. Total spending actually increased 5.1% between 1999 and 2000 and discretionary spending increased 7.5%. Since the economy was particularly hot in the latter part of the 90's, these spending increases appeared ok as a percentage of GDP. Strong economies can hide poor spending habits.

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When surpluses arrived in the late 90's, Congress exploited loopholes in PAYGO and began making "emergency" appropriations. Then came 2001 and a $1.3 billion violation of PAYGO (the first tax cut) was shamelessly signed, although it was justified on the grounds of expected surpluses early that year. Still, it contained no trigger mechanisms to rollback the cuts if deficits arrived. In 2002, PAYGO officially expired and all hell broke loose. We did not see such violations when Democrats controlled Congress and the presidency.

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I agree there should have been spending cuts as well. Paygo's current form is just an excuse for Democrats to increase taxes in hopes of avoiding the label of increasing taxes. Also, the House voted to pass a bill for AMT relief. What spending offset or tax increase was put in place in order to meet the terms of Paygo? I believe nothing, which means they've already violated it if so.
Are you referring to:

Quote:
The last-minute nature of the vote on the AMT fix resulted from a fundamental difference between the House and Senate. House Democrats had insisted that the $50 billion in tax relief resulting from the one-year fix must be paid for by an equivalent amount of revenue elsewhere, mainly by closing a loophole on offshore tax havens.

Senate Republicans, however, blocked the Senate from taking up legislation that includes a tax increase, and Bush threatened to veto any bill that raised taxes.
http://www.cbsnews.com/stories/2007/...n3632820.shtml

In contrary to your claim, PAYGO is meant to deter tax cuts when there are no offsetting measures to pay for them. Yes, Republicans are still looking to violate PAYGO, including the president, although replacing Bush with a Democrat would have been enough for compliance, since his veto threat deterred any action. Tax cuts are fun when there's no proposal to pay for them.
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Old 01-18-2008, 05:34 AM
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was there some reason you delete my post? or were you just being a communist.
I was just being a Communist.
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Old 01-18-2008, 06:55 AM
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Originally Posted by stekim View Post
I was just being a Communist.
Oh no. Not again.
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Old 01-18-2008, 12:14 PM
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Originally Posted by gmb92 View Post
Adjusted for GDP, 1995 was the turning point. 0.9 percent of the 2.3 percent reduction in Outlays from 1995 to 2000 was debt interest. Page 6.
Actually 1996 and even then it was slight (1/10th two years). It wasn't until 1998 that it hit 2/10th and then larger decreases followed.

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Much of the other 1.4 percent was the strong economic growth increasing the denominator. Total spending actually increased 5.1% between 1999 and 2000 and discretionary spending increased 7.5%. Since the economy was particularly hot in the latter part of the 90's, these spending increases appeared ok as a percentage of GDP. Strong economies can hide poor spending habits.
Real strong economic growth didn't occur until the late 90's. Economic growth 1993/94 wasn't that different from 1995, 96, 97 (maybe even 9 when discretionary spending was down sharply. Additionally, as GDP increases it makes sense that discretionary spending would also increase. You're also mixing apples and oranges. In one place you point to the numbers in 1993/94 needing to be adjusted for GDP. Then you refer to real numbers and don't adjust for GDP when referring to 1999.

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Are you referring to:
I am referring to that and good for the Republicans and Bush. Apparently the Democrats forgot the other side of the equation...spending cuts. Which is exactly why I say PAYGO is an excuse to raise taxes. If they wanted to follow PAYGO and cut taxes for AMT relief all they had to do was cut spending and they would have followed PAYGO. But they don't want to cut spending. They want to increase taxes. So they ignored it instead.

Quote:
In contrary to your claim, PAYGO is meant to deter tax cuts when there are no offsetting measures to pay for them. Yes, Republicans are still looking to violate PAYGO, including the president, although replacing Bush with a Democrat would have been enough for compliance, since his veto threat deterred any action. Tax cuts are fun when there's no proposal to pay for them.
There are plenty of offsetting measures to pay for them. There are two sides to that equation and, like I said, the just want to raise taxes which is why they ignored the other side. Sure, replacing Bush with a democrat would have been enough for compliance. They would raise taxes, predictably and stereotypically.
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All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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Old 01-20-2008, 10:47 AM
gmb92 gmb92 is offline
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Real strong economic growth didn't occur until the late 90's. Economic growth 1993/94 wasn't that different from 1995, 96, 97 (maybe even 9 when discretionary spending was down sharply. Additionally, as GDP increases it makes sense that discretionary spending would also increase.
Overspending when the economy is very hot is not a good way to run government. It's better to keep spending fairly steady as to better handle the ups and downs. Military spending is discretionary, and should not be increased over inflation because the economy is hot. Nor should it be decreased during a downturn. Mandatory spending shouldn't have significant adjustments either. Social security, for instance, shouldn't be increased over inflation because the economy is hot. Nor should it be decreased during an economic slowdown. Thus, in addition to falling debt interest in part due to actions of an earlier Congress, using percent of GDP to evaluate how well Congress and the President handled spending in the late 90's is misleading.

Quote:
You're also mixing apples and oranges. In one place you point to the numbers in 1993/94 needing to be adjusted for GDP. Then you refer to real numbers and don't adjust for GDP when referring to 1999.
I am? I adjusted debt interest to GDP to counter an argument that spending dropped much more in the late 90's, which used the GDP adjustment. Where did I refer to 1993-1994 regarding a GDP adjustment?

Quote:
I am referring to that and good for the Republicans and Bush. Apparently the Democrats forgot the other side of the equation...spending cuts. Which is exactly why I say PAYGO is an excuse to raise taxes. If they wanted to follow PAYGO and cut taxes for AMT relief all they had to do was cut spending and they would have followed PAYGO. But they don't want to cut spending. They want to increase taxes. So they ignored it instead.
Actually, the new PAYGO rules cover both spending and taxes. Bush's Medicare expansion, for example, would have been more difficult to implement with these rules, since it would have required in a reduction in spending elsewhere or a new tax. Thus, it's also a deterrance to new spending. Ultimately, though, its primary purpose is to help control budget deficits. It has been proven very effective in doing just that. Claiming that these rules are "an excuse to raise taxes" is nothing more than a Republican talking point. A more valid criticism is that it doesn't apply to any discretionary spending (separate rules govern this). I'd personally like to see these rules expanded to military spending, which has represented the largest increase in spending over the past several years.

http://www.cbpp.org/1-12-07bud.htm
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