GOP and Trump put deficit on back burner

This won't come as a surprise to anyone who has lived under Republican control of the US government, but now the "fiscally conservative" party is about to go hogwild spending the taxpayers' scratch.

From Reagan to Bush, Republican administrations are well known for their loose checkbooks as well as cutting taxes at the same time. They like them some deficits as long as they're the ones doing the spending.

Another important thing to note is that it has been known for a pretty long time now that our infrastructure was going to hell. So why wait until now? It's because the GOP doesn't really give a (*)(*)(*)(*) about the US. It is willing to postpone desperately needed domestic programs to score what they feel are political points.

And look for them to cover their spending using "dynamic scoring."

 

Just so you know since you seem incapable of finding out on your own:

Trump doesn't take charge until January 20, 2017.

I'm not surprised considering the group of people who insisted right up to this time exactly a week ago that there was no way Trump would/could win.

 

That's so cute. You act like they haven't started announcing their plans for their upcoming monopoly in power.

 

Interestingly, the tea party has all but disappeared. Wasn't fiscal conservatism their only reason to exist?

Now, we are going back to the times of "deficits don't matter", until the next Democrat is in office -- who will be blamed then for the tax cutting spending spree of the predecessor.

But believe me, the economy is going to be the most beautiful ever with +4% GDP growth, with the tax cuts paying for themselves. I am not going to hold my breath.

It would be funny if not so predictable and sad.

 

If Trump were to implement the tax cuts he's advocated, increase military spending and carry through with the infrastructure program he has laid out, the deficit would explode to levels that would likely lower our national credit rating and cause enormous economic problems both here and abroad.

 

OH, this is ripe. Obama managed to up the dept by what, 9 trillion or something? And what do we have to show for it except a pile of new regulations, bankrupt solar co's, a depleted military & more people on government assistants than we've ever had! Dem's passed a nearly trillion dollar stimulus, much of which we were told was for infrastructure ...shovel ready jobs, remember? How'd that pan out? Christ, you guys celebrated the new HC law which virtually allowed the federal gov control over 1/6 of our economy and once you got it couldn't even build a frikkin functional web portal!
So, maybe before you start prematurely criticizing Rep's based on scant information you might want to spend a little time and reflect on the failures of the Obama administration, because that's the reason you guy's lost bigly in this election. He sucked & you folks lost, simple as that.

 

Most of the debt accrued during President Obama's 2 terms was due to legacy spending, particularly by the.. wait for it... Republican Administration preceding him.

Or are you forgetting about the two wars and tax cuts at the same time followed by the worst recession since the Great Depression.

So now the question is: Are the Republicans going to do the same thing that they did under Bush and gut taxes while increasing spending. I think the answer, based on what they are saying they will do, is clearly a "yes".

 

They couldn't put it there, it was already there. BTW: Trump isn't President yet.

 

Neither mentioned it as both had big transportation expeditures in their budgets...past elections for the GOP showed tightening the nations budget and taking things away loses an election!

 

LOL listening to a Dem (*)(*)(*)(*)(*) about deficits is like listening to a fat man complain about stretch marks.

"We don't have a spending problem, we have a paying for it problem" Remember who said that?........Sit on it boys, you lost, elections have consequences and now you have lost SCOTUS, the House, the Senate, POTUS, 900 state level political seats and your collective minds. lol

 

You are correct. The Tea Party is dead. It was killed by Paul Ryan's Omnibus Spending Bill that funded all of President Obama's priorities through the election. So yes, fiscal conservatism was their only reason to exist, and they were totally defeated by someone they thought was one of their own. It's not that deficits don't matter, but no one on the right has figured out how to make it matter to their own elected officials.

That's why Trump was able to blow through entitlement reform because the entire Republican Primary electorate knew that no matter what was promised, there wouldn't be entitilement reform, a balanced budget, or anything else. Paul Ryan voted against a balanced budget amendment. Frankly I've no idea how to push through that argument since everyone who has ever run on fiscal conservatism has lied about it. Any ideas? Let me know.

 

What we have to show for it?

-8 years without recessions.
-No wars based on lies, killing 3000+ American soldiers and throwing the ME into turmoil.
-Slow but steady growth without boom bust cycles.
-20+ million Americans on health insurance who hadn't been on it before.
-Less bankruptcies after medical emergencies.
-People actually receiving unemployment coverage after the worst recession since the great depression.
-The country not going into a full blown depression, as it surely would have if GOP extreme austerity measures would have come to fruition.
-Healthy stock market growth.

And all that with the GOP in full opposition, block everything mode.

But, I am sure you are dying to go back to the good old GWB days, with job growth based purely on private borrowing, causing a near depression. All brought to us by full control of government by the GOP for two years and reckless tax cuts. Oh wait, that's exactly the path we are going to repeat now.

 

I'm not the fiscal hawk, so why do you ask me for ideas? You should ask your conservative friends who all of a sudden got really quiet on the deficit, and all they can say is "..but Obama...". And Trump hasn't even started spending into the projected $6.8 trillion deficit over 10 years (in addition to the current deficit). My guess is, when he is done, that amount will have doubled. And all with the fiscal hawks cheering him on and crying "..but Obama...".

 

Aren't the Democrats known as the tax and spend party? Why do you think the deficit is so high? Obama made a complete mess of everything. This is going to take time. Trump can't do everything at once. Funny how you weren't on Obama's back when he was creating all this debt...

 

These trillions the Republicans they lost from their spending of two wars, massive tax cut and the multi-Trillion Bush Crash are....


....wait for it.....



....wait for it.....



....are nothing but TRUMP CHANGE co compared to the untold trillions to be spent (and pocketed) by our new administration!

Let the Bread and Circuses begin!

 

Funny how that fact never stopped the Right from blaming Obama before he was even elected!!!

March 2, 2009
RUSH: To say that Obama has been in office only one month is not accurate from an effect on the world and an effect on the country standpoint. Barack Obama has been the controlling political authority on the economy for six months.

 

The GOP National Debt is so high because the Republican Party is known as the BORROW and spend party!!!

 

Oh (*)(*)(*)(*)...

Now we care about the deficit? Well, how about that...

 

Good Lord! Could you be any more off topic?

 

So...you're not a fiscal hawk but are concerned that the deficit might double? Putting aside the cognitive dissonance of that, if you don't care about deficits, why bring it up? It sounds like you're on Trump's side as far as that goes, so why do you sound like you're complaining about it? That's why I asked you for ideas. You seemed to care (OK concern trolled) about the deficit. Now you say you don't so...it's no issue to you. That's for clearing that up that you regard it as a phony issue.

 

Hmm, if it's published on politico.com, it must be so. Because as we all know, they and other liberal media organizations have been making absolutely correct predictions ever since Trump entered the presidential race, their crystal ball is 100% accurate lol

 

So, not only is Obama blameless for the 9+ trillion in debt, he's a victim of Bush & Rep's? Really?
Excuse me...I need to after reading that post.

 

I believe that it is unwise to instate austerity measures during a deep recession, as the GOP house forced Obama to do.

I also believe that reckless tax cuts in times when they are not necessary (as in now) increase the deficit and make it harder to provide Keynesian stimulus when it is needed in bad times. They also facilitate boom bust cycles and provide positive feedback at the wrong time.

I am, however, not a self-proclaimed fiscal hawk who cries about the deficit when a Democrat is in power and cheers about the deficit when a Republican is in power, like our tea partiers were. It shows that they were all hypocrites.

 

An erroneous assumption that slanders Tea Party people and demonstrates your real goal isn't truth but partisan brownie points.

 

Based on 9+ trillion...not much.

The weakest recovery in history, ain't much to boast about after spending 9+ trillion.

Yea, the ME is in great shape, isn't it? Oh wait....are those people being slaughtered & bombs going off I hear?

.

LOL..can you be anymore ambiguous than that. Just be thankful the fed didn't run out of ink or this paper economy would be toast.

.

Debatable.

Got a percentage number? Love to see it.

You mean folks weren't receiving unemployment coverage before Obama? Lets see that data.

Excuse me, but didn't austerity measures come into fruition? Oh...yea...they did.

Oh, so you want that as a measure....good...have you seen the markets uptick since Trump won.

No, they couldn't block Obama's (union) stimulus, his HC law, his EPA reg's or his executive orders.

No, I don't want to go back, I want good days ahead & i'm hoping we get there....so do many hard working American's who Hillary thinks are deplorable.