Author Topic: Government programs & regulations, spending, deficit, and budget process  (Read 463157 times)

DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1250 on: August 02, 2021, 11:39:06 AM »
https://dailycaller.com/2021/08/02/treasury-department-janet-yellen-debt-ceiling-congress/?utm_source=piano&utm_medium=email&utm_campaign=2680&pnespid=lftpqaECWhWN3ok6fwuxJCfDcFHEQJUW_fVa_Oz7

I thought we rid ourselves of Janet Yellen and now she's Treasury Secretary.

From the article:
Treasury Secretary Janet Yellen warned House Speaker Nancy Pelosi in a letter July 23 that the Treasury would invoke the “extraordinary measures” if Congress didn’t raise the debt ceiling.

Crazy idea:  What if they used ordinary measures to balance the budget?  Work more.  Spend less.

DougMacG

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Govt programs, spending, War on Poverty since 1964
« Reply #1251 on: August 12, 2021, 05:29:54 AM »
Democrats/ War on Poverty: Keeping poor people poor since 1964.

40 million in poverty in America the day before the 'war on poverty'.

Think of what has happened since then, productivity and wealth gains worldwide, man on the moon,

Projected cost approaching $40Trillion.
https://www.heritage.org/poverty-and-inequality/report/the-war-poverty-after-50-years

Result:  40 million in poverty today.  Not one person lifted out of poverty with $1 million per p0erson spent.

Dim Dem response: Double down on government dependency.  MORE of the same - because it's not working!
« Last Edit: August 12, 2021, 08:02:40 AM by DougMacG »

ccp

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1252 on: August 12, 2021, 06:27:00 AM »
"40 million in poverty today.  Not on person lifted out of poverty with $1 million per p0erson spent."

right

all this spending sustains poverty it seems

but did it does apparently do a good job buying votes by stealing other people's money




DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1253 on: August 12, 2021, 08:26:40 AM »
"not one person lifted out of poverty"

Of course some people used the system as designed, got through a bad stretch and got back on their feet and are doing great, but...

The total 'gain' is net zero in almost 60 years.  Tens, twenties, going on thirties of TRILLIONS of dollars spent to gain nothing.  Program recipients learn dependency and program rules.  As the programs get more numerous and more generous and more secure than work, it gets really expensive and unnecessarily risky for your family to get off the programs and into work.

In addition, lots and lots of people are on programs but not in poverty.  Obamacare for example was designed to 'help' people with incomes 4 times the poverty level.  4 times!  What did that do?  Drive up the cost of healthcare so they are committed to the assistance and committed to keeping their (reported) incomes within the guidelines, a perverse and powerful incentive to never climb the economic ladder.  Our response to that is to expand the programs doing the harm.

What else did they learn?  Government took the place of fathers, especially in troubled areas, who used to mostly be the primary bread winner of the family.  The birth out of wedlock rate for black children was 24% in 1964 and is 80% today.  Someone other than a lesbian parent couple tell me how a child is better off without a father in the home.  The statistics, math and science, don't bear that out.  Children without fathers in the home are more likely to fall into every measurable bad outcome, crime, prison, poverty, cutting their education short, etc.

And so we do more of it...


Crafty_Dog

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Sen. Manchin does the right thing!
« Reply #1255 on: September 02, 2021, 08:58:09 PM »
Why I Won’t Support Spending Another $3.5 Trillion
Amid inflation, debt and the inevitability of future crises, Congress needs to take a strategic pause.
By Joe Manchin
Sept. 2, 2021 3:10 pm ET
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The nation faces an unprecedented array of challenges and will inevitably encounter additional crises in the future. Yet some in Congress have a strange belief there is an infinite supply of money to deal with any current or future crisis, and that spending trillions upon trillions will have no negative consequence for the future. I disagree.

An overheating economy has imposed a costly “inflation tax” on every middle- and working-class American. At $28.7 trillion and growing, the nation’s debt has reached record levels. Over the past 18 months, we’ve spent more than $5 trillion responding to the coronavirus pandemic. Now Democratic congressional leaders propose to pass the largest single spending bill in history with no regard to rising inflation, crippling debt or the inevitability of future crises. Ignoring the fiscal consequences of our policy choices will create a disastrous future for the next generation of Americans.

Those who believe such concerns are overstated should ask themselves: What do we do if the pandemic gets worse under the next viral mutation? What do we do if there is a financial crisis like the one that led to the Great Recession? What if we face a terrorist attack or major international conflict? How will America respond to such crises if we needlessly spend trillions of dollars today?

Instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget-reconciliation legislation. A pause is warranted because it will provide more clarity on the trajectory of the pandemic, and it will allow us to determine whether inflation is transitory or not. While some have suggested this reconciliation legislation must be passed now, I believe that making budgetary decisions under artificial political deadlines never leads to good policy or sound decisions. I have always said if I can’t explain it, I can’t vote for it, and I can’t explain why my Democratic colleagues are rushing to spend $3.5 trillion.

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Another reason to pause: We must allow for a complete reporting and analysis of the implications a multitrillion-dollar bill will have for this generation and the next. Such a strategic pause will allow every member of Congress to use the transparent committee process to debate: What should we fund, and what can we simply not afford?


I, for one, won’t support a $3.5 trillion bill, or anywhere near that level of additional spending, without greater clarity about why Congress chooses to ignore the serious effects inflation and debt have on existing government programs. This is even more important now as the Social Security and Medicare Trustees have sounded the alarm that these life-saving programs will be insolvent and benefits could start to be reduced as soon as 2026 for Medicare and 2033, a year earlier than previously projected, for Social Security.

Establishing an artificial $3.5 trillion spending number and then reverse-engineering the partisan social priorities that should be funded isn’t how you make good policy. Undoubtedly some will argue that bold social-policy action must be taken now. While I share the belief that we should help those who need it the most, we must also be honest about the present economic reality.

Inflation continues to rise and is bleeding the value of Americans’ wages and income. More than 10.1 million jobs remain open. Our economy, as the Biden administration has correctly pointed out, has reached record levels of quarterly growth. This positive economic reality makes clear that the purpose of the proposed $3.5 trillion in new spending isn’t to solve urgent problems, but to re-envision America’s social policies. While my fellow Democrats will disagree, I believe that spending trillions more dollars not only ignores present economic reality, but makes it certain that America will be fiscally weakened when it faces a future recession or national emergency.

In 2017, my Republican friends used the privileged legislative procedure of budget reconciliation to rush through a partisan tax bill that added more than $1 trillion to the national debt and put investors ahead of workers. Then, Democrats rightfully criticized this budgetary tactic. Now, my Democratic friends want to use this same budgetary tactic to push through sweeping legislation to make “historic investments.” Respectfully, it was wrong when the Republicans did it, and it is wrong now. If we want to invest in America, a goal I support, then let’s take the time to get it right and determine what is absolutely necessary.

Many in Washington have convinced themselves we can add trillions of dollars more to our nearly $29 trillion national debt with no repercussions. Regardless of political party, elected leaders are sent to Washington to make tough decisions and not simply go along to get along.


For those who will dismiss my unwillingness to support a $3.5 trillion bill as political posturing, I hope they heed the powerful words of Adm. Mike Mullen, a former chairman of the Joint Chiefs of Staff, who called debt the biggest threat to national security. His comments echoed the fear and concern I’ve heard from many economic experts I’ve personally met with.

At a time of intense political and policy divisions, it would serve us well to remember that members of Congress swear allegiance to this nation and fidelity to its Constitution, not to a political party. By placing a strategic pause on this budgetary proposal, by significantly reducing the size of any possible reconciliation bill to only what America can afford and needs to spend, we can and will build a better and stronger nation for all our families.

Mr. Manchin, a Democrat, is a U.S. senator from West Virginia.

DougMacG

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Govt programs: Americans are looking more than ever to their government for help
« Reply #1256 on: September 07, 2021, 08:25:36 AM »
"Americans are looking more than ever to their government for help on issues from health to security"
   - Bloomberg opinion
https://www.bloombergquint.com/gadfly/apple-amazon-microsoft-and-google-play-nice-with-biden-in-the-post-snowden-era

We are so far behind fighting against government "programs" as if they are individual, misguided spending programs when they are doing is a totalitarian takeover of EVERYTHING.  Cradle to grave doesn't begin to describe it. 

Tech giants in bed with government.  Combine what they know about you with what government knows and can do... if that doesn't scare you in 2021, nothing will.

What is happening in Red China right now is not a scare or a threat to them; it is a blueprint.

"The Aug. 25 summit between the tech giants and the U.S. government was like a reunion between high school sweethearts years after a horrible breakup. They’re both older and wiser. One has an eye-wateringly high salary. And now they need to make the relationship work. The phrase “public-private partnership” has been making the rounds. One chief executive who attended the meeting told the Wall Street Journal that discussions had focused more on “partnerships” than regulations[/b].


GOD HELP US.

DougMacG

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Government programs, spending, deficit, budget, Debt to the penny
« Reply #1257 on: September 28, 2021, 06:57:38 AM »
https://fiscaldata.treasury.gov/

US$ 28.4 Trillion

Funny that a government measure called debt to the penny rounds to the nearest $.1 Trillion.  Oops, it just went up again.

Add current proposals 1.2 and 3.5 T to it,  Ask people which number is better for debt owing, 28.4 or 33.1 trillion.  The only way that doesn't matter is if you wish harm on the country or if you already gave up on it.
« Last Edit: September 28, 2021, 09:12:37 AM by DougMacG »

ccp

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which republicans voted to raise debt ceiling?
« Reply #1258 on: October 07, 2021, 06:09:19 PM »
I cannot find this

seems to be secret


DougMacG

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Government programs: Close the US Postal Service
« Reply #1259 on: October 08, 2021, 11:23:51 AM »
From another thread:  G M:  "Arizona is the only state I see trying to clean up elections right now. Nevada, like California is now Mail in fraud only. Think Nevada will ever go republican again?"
---------------------------------------------------------------------------------------------------------------------------

There may be a hundred good reasons to close the Postal Service.  Let's just pick climate change as the reason.  Sending a federal truck to every US address six days a week, while the planet is suffering a fever, are you kidding, we have to stop it.  There are so many better alternatives.

One consequence of closing the USPS would be the end of mail in voting.  We could have an 'election day' instead.  Have people come out of their homes, go to a polling place like city hall, it's already paid for, make eye contact with their neighbors and an election judge or two, and fill out one ballot only?

DougMacG

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Programs, regulations, spending, deficit, and budget process, Manchu, Sinema
« Reply #1260 on: October 14, 2021, 12:01:11 PM »
Sen Sinema: “I'm not mysterious. It's not that I can't make up my mind. I communicated it to the White House in detail. They just don’t like what they’re hearing.”

(Stephen Moore)  What the White House especially dislikes is that Democratic Senator Joe Manchin and Sinema often oppose different parts of the Biden bill. Manchin, who hails from coal-producing West Virginia, taxes on carbon pollution, while Sinema favors them. Manchin is also more willing to raise corporate and individual income taxes than Sinema.

Sounds to us as if the stalemate between the two Senate holdouts and progressives is very real – but you never know with politicians.

  - Committee to Unleash Prosperity 10/14/2021

https://mailchi.mp/807eddac5204/unleash-prosperity-hotline-866080?e=17d44a0477

ccp

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1261 on: October 14, 2021, 01:09:49 PM »
"Sounds to us as if the stalemate between the two Senate holdouts and progressives is very real – but you never know with politicians."

If I recall Manchin always folds in the end.

guess bill to wind up 2.5 T
and still devastating to the Right.

Crafty_Dog

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1262 on: October 14, 2021, 03:39:39 PM »
Remember the job his wife was given , , ,

G M

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Re: Zero jobs from $25B in "green stimulus"
« Reply #1263 on: October 14, 2021, 03:47:26 PM »
Dem donors made lots of money from these boondoggles, money taken from Americans alive and yet unborn at government gunpoint.

The graft was the success. Meanwhile the useful idiots applaud and say “he meant well” and view it as a success for that reason.



One of the benchmark portions of the stimulus was the $25 billion devoted to
creating green jobs. Professor Obama imagined a world of greener buildings and green
jobs miraculously sprouting all across the fruited plains. So, he dumped $25 billion
into painting shingles white and whatever else it is they do to 'green' buildings.
The result? Zero jobs. Just another government 'success' story. READ
http://hotair.com/archives/2009/11/09/25-billion-stimulus-program-produces-0-jobs/

Crafty_Dog

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1264 on: October 14, 2021, 04:57:09 PM »
A Lazarus Medal for this man!!!

G M

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1265 on: October 14, 2021, 05:18:30 PM »
A Lazarus Medal for this man!!!

The song remains the same, just with more zeros on the price tag.

DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1266 on: October 14, 2021, 07:14:24 PM »
"If I recall Manchin always folds in the end."

Yes, but the concessions they need to give Joe lose Sinema and the concessions they need to give Sinema lose Manchin for them, according to the reporting.

This is not Collins and Murkowski.



Crafty_Dog

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1269 on: October 15, 2021, 01:53:32 AM »
A goodly percentage of them, no.

G M

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1270 on: October 15, 2021, 04:17:02 AM »
A goodly percentage of them, no.

This is Cloward-Piven in action. It’s the deliberate destruction of the US.

DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1271 on: October 23, 2021, 12:39:32 PM »
Never answered,

If the spending costs zero, why raise the debt limit?

G M

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1272 on: October 23, 2021, 01:00:20 PM »
Never answered,

If the spending costs zero, why raise the debt limit?

We have about 50% of the FUSA that is utterly detached from reality.

DougMacG

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Government programs, Puppy Torture?
« Reply #1273 on: October 25, 2021, 06:22:33 AM »

Crafty_Dog

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1274 on: October 25, 2021, 02:54:52 PM »
I'm watching for this one to play out. 

G M

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Re: Government programs, Puppy Torture?
« Reply #1275 on: October 25, 2021, 08:25:35 PM »

G M

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Re: Government programs, Puppy Torture?
« Reply #1276 on: October 25, 2021, 08:48:17 PM »
Fauci Hopes His Experiments On Puppies Will Distract Everyone From Experiments He Performed On Humanity For Past 18 Months

Someone please tell me this story is false.

https://nypost.com/2021/10/24/lawmakers-slam-anthony-fauci-for-alleged-puppy-experiments/



"It's a Faucist world, Charlie Brown"!

ccp

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Steve Forbes on spending bill
« Reply #1277 on: November 06, 2021, 02:46:42 PM »
when asked can Republicans take credit for holding the price down

Steve's response :

if you think half a bad thing then the total bad thing - yes
[correction :  if you think half a bad thing is better  then a whole  total bad thing - yes]

https://www.newsmax.com/newsmax-tv/steve-forbes-socialism-democrats-tax-and-spend/2021/11/06/id/1043573/
« Last Edit: November 06, 2021, 05:10:25 PM by ccp »

ccp

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1278 on: November 08, 2021, 07:17:14 PM »
how many millimeters does it take to go around the world

a mm looks like ~ this:   -

40 billion and 75 million of these and you circumvent the globe

that is 1/30 of the $ 1.2 trillion  latest spending bill

no one could hope to oversee where all this money goes

like the corona spending bills

just money thrown into the sea


DougMacG

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CBO says Biden and Democrats are Lying about Mega-Spending Bills
« Reply #1279 on: November 18, 2021, 08:09:29 AM »
https://pjmedia.com/news-and-politics/ari-j-kaufman/2021/11/16/cbo-proves-the-biden-administration-is-lying-on-multiple-fronts-n1533544
--------------------------------------------------------------------------------
 
I guess we knew that when they said trillions won't cost a cent.

Crafty_Dog

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ccp

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James Golden (Bo Snerdley)
« Reply #1281 on: November 20, 2021, 06:54:55 AM »
from his show yesterday he lists some of the spending in the bill the House just Passed.

Go to my dear kenoshans and to the 20 minute 25 second mark and start there to listen to the some of the spending plans in the bill:

https://wabcradio.com/episode/my-dear-kenoshans-11-19-2021/

BTW he is quite a good radio host in his own right .


Crafty_Dog

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1282 on: December 13, 2021, 05:13:30 AM »
The Real Cost of Biden’s Spending Plan
CBO comes clean on the price tag if the programs are made permanent.
By The Editorial Board
Follow
Dec. 12, 2021 5:34 pm ET


President Biden’s tax and entitlement plan received what should be a pair of knockout punches late last week. The report of surging inflation has been well covered. But the media have largely ignored the second blow—the real cost of the plan if honestly scored. Allow us to complete the record.

We’ve been telling you for months that the plan’s advertised cost of $1.75 trillion over 10 years includes multiple budget gimmicks that disguise the real cost. The Penn Wharton Budget Model has scored the 10-year cost at about $4.6 trillion, but the White House keeps claiming against all evidence that the cost is “zero.”


Now comes the Congressional Budget Office to report that the claim of zero cost is a Big Con. CBO, a political outfit beholden to Congress, can’t be so blunt. It is constrained by budget conventions imposed by Congress. But even under those conventions, CBO has said the bill would add $200 billion to the deficit over 10 years.

Enter Sens. Lindsey Graham and John Cornyn, who asked CBO director Phillip Swagel to add up the cost of the bill that recently passed the House if all of its programs were made permanent. This is a more honest accounting because Democrats admit both that they want to make the spending permanent and that they’ve adjusted programs to make them fit under the Senate budget rules so they can pass with a mere 51 votes (including Vice President Kamala Harris ).

Mr. Swagel’s response, sent on Friday, is a torpedo speeding toward the hull of Build Back Better. The dishonesty in the $1.75 trillion spending total is astonishing even by Congressional standards.

Take the child allowance, which Democrats say will cost only $185 billion because it ends after one year. No one believes they won’t extend it next year, and the year after that, ad infinitum. CBO says the real cost over 10 years is $1.597 trillion. Democrats also peg their earned-income tax credit expansion at a cost of $13 billion because it too ends after one year. CBO says the real cost is $135 billion over 10 years.

An honest accounting of those two programs alone consumes $1.732 trillion, or nearly all of the $1.75 trillion that Sen. Joe Manchin has said is the most total new spending he’ll support over 10 years.

But there’s so much more. Democrats phase out the child-care and pre-K entitlements after 2027 with a total cost of $381 billion. CBO says the real cost over 10 years is $752 billion if made permanent. They also underestimate the cost of expanded healthcare subsidies at $74 billion by phasing them out in 2025 or 2026. CBO says the real cost is $220 billion.


And don’t forget the spending after 10 years once the subsidies for all of these new programs become embedded in American behavior. This is the main purpose of making these programs into entitlements—to make people more dependent on government from cradle to grave.

One of the bill’s biggest tricks is its restoration of the state and local tax deduction to $80,000 up from $10,000. Democrats pretend that this will raise $15 billion over 10 years because the current $10,000 limit is set to expire after 2025. CBO says the real cost of this Democratic tax deduction for the rich without that gimmick would be $245 billion.


We could go on, and we recommend people look at Mr. Swagel’s letter on the CBO’s website. The 18 programs that Mr. Swagel itemizes in a table with his letter contribute $3.477 trillion over 10 years to the total cost of the House bill—compared with the $889 billion that Democrats claim those same programs cost under their gimmicky rules.

Overall, Mr. Swagel says in his letter, CBO and the Joint Committee on Taxation project that the House bill would increase the deficit by $3 trillion over 10 years without the budget gimmicks and phony phase-outs.

Democratic leaders Nancy Pelosi and Chuck Schumer reacted furiously to this news, falling back on their claims that the Build Back Better Act is “fully paid for.” Mrs. Pelosi says CBO has scored Mr. Graham’s “imaginary bill.” But her bill is the real fiscal fantasy and “fully paid for” is the lie of the year.

All of this gives Mr. Manchin, and other Democrats hiding behind his skepticism, ample ammunition to call the whole thing off. If this bill passes, they’ll own all of the deficits, debt and inflation that result.

Crafty_Dog

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DougMacG

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Re: True cost of BBB is $4.75T
« Reply #1284 on: December 14, 2021, 03:10:42 PM »
https://washingtontimes-dc.newsmemory.com/?token=cd9e368406fe4f7f6ab4c85d8ce990ee_61b8b7b7_6d25b5f&selDate=20211214

No one can fathom what 5 trillion made out of thin air fully means.  You don't have to earn it, or tax por even orrow it; it's just invented, manufactured, like magic!

Besides the former USA (FUSA), we now can refer to the FUSD, former US$.

All Dem House members and at least 45-49 Dem Senators are ready to vote for this no matter the cost.  In fact, for them, the bigger the price tag, the more historic their accomplishment - in the small minds of these first level thinkers.

To the cost analysts, if this is the straw that brings down the whole country or world economy, the cost was not 5 trillion dollars.

I wonder what any of them think the basic economic phrase means:  "There is no free "lunch!"

« Last Edit: December 14, 2021, 03:18:43 PM by DougMacG »

DougMacG

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Government programs, Build Back Broker cuts funding to red state hospitals
« Reply #1285 on: December 15, 2021, 11:56:25 AM »
If you don't believe this, ask the two Dem Senators from Georgia, among the red states where they cut hospital aid.

https://www1.cbn.com/cbnnews/politics/2021/december/build-back-bill-adds-87-000-irs-agents-cuts-money-for-hospitals-in-red-states-its-evil-its-mean-spirited

"Georgia is one of the states that would be affected and last month, Democratic Sens. Raphael Warnock and Jon Ossoff, along with a group of state lawmakers, wrote a letter to House leadership asking for the cuts to hospitals be dropped from the bill, according to Fox."

https://www.foxbusiness.com/politics/biden-spending-bills-cuts-hospital-funding-scrutiny?test=7f4ce372b96d173594c79d866e14f82b

ccp

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Manchin to Dems :"no"
« Reply #1286 on: December 19, 2021, 01:35:16 PM »
https://www.yahoo.com/news/joe-manchin-kills-build-back-151234208.html

for now;

 a year is a very long time to pray this does not change,
  till we win the houses back........


DougMacG

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DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1289 on: January 18, 2022, 07:29:42 PM »
Steve Moore, Committee to Unleash Prosperity :

Uncle Sam Spent Nearly $7 Trillion In 2021!
 
The Congressional Budget Office has now released its final tallies for spending, debt and taxes in Joe Biden’s first year in office. The numbers aren’t pretty. In fact they are dismal.

Start with the expenditures: $6.8 trillion. That’s $2.4 trillion more than the government spent in 2019 before the pandemic. The feds have spent close to $4 trillion in two years to contain Covid – which hasn’t been contained. FOUR TRILLION DOLLARS! Gee, that’s been money well spent!


Could things with the virus be any worse if the government had spent nothing and there had been no shutdowns? This might be the most epic failure of big government in world history.

Then there is the revenue side of the equation. For the first time in American history, Americans paid $4 trillion in total taxes. This was 18% of our GDP which is right at the recent historical average.

We do NOT have a revenue problem in Washington. We have an OVERSPENDING crisis. Republicans should call for a two year FREEZE on federal spending. Read Steve Moore’s new book Govzilla which documents the obscene spending blowout in Washington for the last several decades
« Last Edit: January 19, 2022, 06:13:01 AM by DougMacG »

DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1290 on: January 19, 2022, 06:10:47 AM »
Spent $7 Trillion last year.
Took in $4 Trillion.
=  usual 18% of GDP.
Rocket science conclusion:
Limit spending to 18% of GDP.
Tell the Left spending is unlimited.
Just grow GDP.
They ask how?
Elect more Republicans!

ccp

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1291 on: January 19, 2022, 06:55:21 AM »
"Just grow GDP.
They ask how?
Elect more Republicans!"


and I would add, close tax loopholes only certain groups can take advantage of,

and lower taxes for all so the tax revenues will grow even more.  + reduce spending !

[I know, good luck with that ]

DougMacG

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1292 on: January 19, 2022, 08:18:25 AM »
"Just grow GDP.
They ask how?
Elect more Republicans!"


and I would add, close tax loopholes only certain groups can take advantage of,

and lower taxes for all so the tax revenues will grow even more.  + reduce spending !

[I know, good luck with that ]

Yes.  Close the loopholes.  Lower the rates.  Do what we KNOW grows the economy.  But they won't so they must be defeated.

I had an email exchange with a friend, teacher, who is quite far left during the Trump years.  One response to what I sent him about growth policies was this: 'It might surprise you but I was actually for lowering the corporate tax rate, to something like 25%' not the 21%' that Republicans lowered it to.  The rates in the US were the highest in the world.  We were losing companies by the thousands, and they were never going to do anything about it, because ... they can only move in one direction. the wrong one.  Doing otherwise would require admitting Republicans were right about something and they were wrong?  It was not ever going to happen even though the smarter and more honest among them knew it had to.

And now they are all wrong on everything economically, but can't change course for the same reasons.  They would rather lose all power to Republicans than do what is right.  Strange behavior for a group all consumed about keeping their own power.  Instead they wish they cold break the centuries old filibuster to do what?  Grow the economy?  No.   Prohibit election security.  Good grief.

Go back to 1981, 82, 83.  Reagan had a worse start economically.  BIG unemployment and he lost the midterms.  What was different?  He had implemented pro-growth polici9es and big time growth was coming, and it came in 1984 in time for him to win 49 states including New York, California and Massachusetts, all of the west and east coasts and heartland, all but DC and MN.  He didn't have to change course.  He had faith that what he was doing was right and he enacted those policies by winning over the country and by compromising enough to win votes from the other side for his agenda.  This guy Biden and handlers can't compromise enough to win his own side.  Reagan was following the economic science, not denying it like the autocrats of today.

Will Biden look at Reagan's model of success?  Absolutely not.  Biden and team are incapable of it.  Thrown out on their asses is the only way they learn and still they will blame it on, what?  Suppression of the black and Hispanic vote - that is becoming more and more Republican??
« Last Edit: January 19, 2022, 08:25:18 AM by DougMacG »

ccp

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1293 on: January 19, 2022, 08:35:37 AM »
"Thrown out on their asses is the only way they learn and still they will blame it on, what?  Suppression of the black and Hispanic vote - that is becoming more and more Republican??"

right - > RACISM!!!!!!!!!!!!
             WHITE SUPREMACY!!!!!!!!!!
             THREAT TO DEMOCRACY!!!!!!!!!
             
             and of course :
           
             TRUMP!!!!!!!!!!!!!!

with these words screamed out loud they way Tucker does when he mocks them
  :-D :roll: :wink:


G M

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Re: Government programs & regulations, spending, deficit, and budget process
« Reply #1294 on: January 19, 2022, 09:08:54 AM »
There is zero interest or political will to swerve away from the inevitable.

Plan accordingly.

ccp

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2.6 % of infrastructure bill goes to bridges
« Reply #1295 on: January 22, 2022, 07:09:33 PM »
https://www.nationalreview.com/2022/01/the-bipartisan-blue-state-bridge-bailout/

and funds mostly all to blue states (who could have thought - Republicans go along with it for likely scraps)

Let me guess most funds will go for social hand outs , pensions , and more dole money

 :roll:

G M

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Re: Zero jobs from $25B in "green stimulus"
« Reply #1296 on: January 22, 2022, 08:38:47 PM »
One of the benchmark portions of the stimulus was the $25 billion devoted to
creating green jobs. Professor Obama imagined a world of greener buildings and green
jobs miraculously sprouting all across the fruited plains. So, he dumped $25 billion
into painting shingles white and whatever else it is they do to 'green' buildings.
The result? Zero jobs. Just another government 'success' story. READ
http://hotair.com/archives/2009/11/09/25-billion-stimulus-program-produces-0-jobs/

How many dem insiders pocketed serious money from the green boondoggles?

That was the success of the government programs.


ccp

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change the topic ; Butti: traffic deaths unacceptable!
« Reply #1298 on: January 27, 2022, 07:23:57 PM »
https://www.yahoo.com/autos/buttigieg-announces-strategy-turn-tide-155700592.html

this could only mean more regulations more government control.  :wink:

plus also shift away from supply problems....   :roll:

Butti taking the bull by the horns   :roll:  don't you feel better now knowing this?

 

ccp

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economic stagflation to come
« Reply #1299 on: February 08, 2022, 08:38:33 AM »