2016 Postmortem
Related: About this forumRepublicans now say deficits don't matter.
One two three.......
The GOP is now ready for big spending on tax cuts and big defense spending. Deficits do not matter when the GOP is in charge of spending.
TreasonousBastard
(43,049 posts)liberal N proud
(60,334 posts)They want to be the only ones spending our money and they only want it spent on military and wars.
Yonnie3
(17,430 posts)A rallying cry for them no matter what the situation.
House of Roberts
(5,168 posts)GOP economics means leaving nothing behind but the debt. Spending on infrastructure might leave an asset for the people to benefit from. Can't have that.
Yonnie3
(17,430 posts)no_hypocrisy
(46,080 posts)onethatcares
(16,166 posts)it will be Obama's fault.
bullimiami
(13,083 posts)Then we declare bankruptcy and start fresh?
safeinOhio
(32,671 posts)a safety net those uneducated working class folks that voted for them. I'm thinking about investing in cat food companies.
Historic NY
(37,449 posts)unpaid for rx. drug plan & 2 wars. Were still paying the interest on them. Bush gave away the rainy day money in 2002 & 2008 and then spent on the credit card
http://www.sfgate.com/politics/article/Bush-signs-1-3-trillion-tax-cut-bill-300-600-2913184.php
https://www.thebalance.com/bush-economic-stimulus-package-3305782
http://www.nber.org/digest/mar09/w14753.html
https://www.thebalance.com/president-george-bush-tax-cuts-3306331
https://www.thebalance.com/what-is-the-laffer-curve-explanation-3305566
dawg
(10,624 posts)It was the huge tax reductions to the upper-incomers that blew a hole in our budget. That, along with the Wall Street induced great recession.
Historic NY
(37,449 posts)I don't call that chicken feed.
dawg
(10,624 posts)Those rebates were only a small part of the total tax cuts. Why complain about the scraps we got when the rich got ten times as much?
7962
(11,841 posts)barbtries
(28,787 posts)anyone who looks at recent history can clearly see that democrats have been much better stewards of the economy than republicans. they have millions of people hypnotized or something.
The Jungle 1
(4,552 posts)The exact same thing happened when Reagan was elected. He promised to cut taxes, increase defense spending, and balance the budget. He tripped our deficit.
He lied his way into office and did not stand by any of his promises. Fascist Trump has used the same con only much bigger and bolder. His lies are stunning.
The problem is we Democrats did not hold Reagan accountable for his lies. WHAT will we do this time????
CaptainTruth
(6,586 posts)Mc Mike
(9,114 posts)Odd.
Zen Democrat
(5,901 posts)mtnsnake
(22,236 posts)Wounded Bear
(58,645 posts)Martin Eden
(12,863 posts)The only way they can achieve their long term goals to "starve the beast" and shrink government to a size that can be "drowned in a bathtub" is to starve the government of funds and convince voters these programs are unaffordable and "hard choices" have to be made.
This is the only way they can ultimately destroy Medicare and Social Security -- with huge budget deficits.
colsohlibgal
(5,275 posts)Republicans have been the ones who have ballooned the budget but when the Dems are in they cry about deficits and big spending liberals. It works because too many people watch Fox News.....where spending for empire and war is always OK.
Wolf Frankula
(3,600 posts)And the classroom economists like the Paranoid Randroid will say that high Republican deficits are GOOD, because they weaken the dollar, and that makes American exports more attractive.
Wolf