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Because, America


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#4081 Skywalkre

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Posted Yesterday, 07:40 PM

 

Which of course doesn't have much to do with your original post. :)

Skywalker's original point you mean. That Trump hasn't done anything to reduce the debt.

He reduced federal regulations. He's been reducing department sizes. Does that increase or decrease costs? 
 

 

Here's my original point which you quoted (and btw, it's spelled Skywalkre):

 

 

As for fiscal conservatism - Trump has done nothing to cut spending or lower the debt.  On the contrary both have gone up under him.  That is fiscally irresponsible.  Period.

 

For the spending side here's the last several years of Fed spending per the website you used:

 

usgs_chartSp01f.png

 

Actual numbers per said website (in trillions):

FY 13 - 3.45

FY 14 - 3.51

FY 15 - 3.69

FY 16 - 3.85

FY 17 - 3.98

FY 18 - 4.11

 

As you can see it's been going up for a while.  It continues to go up the last two years of the graph which is under Trump's watch (well, 17 was partially under his watch).  For whatever effect his actions might have had spending has clearly gone up (FY 19 is higher still by quite a substantial amount).

 

You already linked a graph to the deficits.  Here's the resulting debt, from the site you used, over recent years (and projected into the future).

 

usgs_chartCp01f.png

 

So... spending has gone up.  That's clear as day as outlined above regardless of whatever efforts Trump is making.  The debt continues to go up.  Again, clear as day and inevitable if you continue to run deficits (FY 19's is projected to top $1 trillion... something we haven't had since Obama).

 

So... how was I wrong to say Trump has done nothing to cut spending or lower the debt?  We're giving him brownie points for 'trying'?  :huh: :blink:


Edited by Skywalkre, Yesterday, 08:08 PM.

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#4082 rmgill

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Posted Yesterday, 08:53 PM

Which step is that?


As for fiscal conservatism - Trump has done nothing to cut spending or lower the debt.  On the contrary both have gone up under him.  That is fiscally irresponsible.  Period.



 

Demonstrably false.

Reducing federal regulations that are complex, expensive, conflict with one another and cost the tax payers money both at the agency level AND in the form of compliance cost is in fact something.


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#4083 rmgill

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Posted Yesterday, 09:11 PM

I'm curious, what are the democrats doing to lower the debt and deficits? 

Don't say raising taxes because tax receipts will never be higher than 18% of GDP. If it's at ~18% of GDP then all raising taxes does is chase revenue and growth away. 

Simple way to reduce federal debt, peg federal spending at 15% of GDP. Period. The chances of the GOP doing this is low. The chances of the DNC doing this is ZERO.


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#4084 Ssnake

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Posted Today, 02:42 AM

Ah, so now it's whataboutism again.  :rolleyes:

 

If Trump reduces red tape - fine, good for business (although 99% of all regulation exists because of the 1% idiots and shady lawyers trying to use every loophole possible, IOW, we have reasons for them ... though not all of them are well made). But "good for business" does not equal "fiscal responsibility". It can't replace it.

 

The sole yardstick for fiscal responsibility is a balanced budget.

 

If Trump "can't do it" "because, congress" he's not very good at the job with respect to this policy goal. The genius dealmaker can't pass a balanced budget while the GOP controls the house (which they did after the presidential elections), he can't now while the GOP controls the senate. Trump decided to lower taxes but did nothing to restrict the spending, period. I'm not even seeing that he ever had a serious intent, but then again I'm thousands of miles away so I may have overlooked that.

At the end of the day only results count. And the results, so far, indicate not a reduction of the deficit but an increase of it. Whether you inflate the deficit by reducing the taxation base or by increasing the spending doesn't matter.

And the net result does not support the idea that Trump is concerned about the deficit.


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#4085 MiloMorai

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Posted Today, 03:35 AM

https://usdebtclock.org/


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#4086 rmgill

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Posted Today, 03:51 AM

Ah, so now it's whataboutism again.  :rolleyes:


Oh I see, it's deflection again. Is Trump reducing the debt? No. Is anyone else? Also No.

What's the alternative? More debt at an increased rate? Is that better? No, its not.
 

If Trump reduces red tape - fine, good for business (although 99% of all regulation exists because of the 1% idiots and shady lawyers trying to use every loophole possible,


WRONG. The regulations exist because of Pournells's iron law of Bureaucracy. And just because you think those regulations exist for that reason doens't mean that they're going to be effective at fixing the thing the purport to fix.

Precisely what does the regulations at the heart of Sackett v EPA fix?

Also, BAD for business isn't exactly GOOD for the tax receipts.

The sole yardstick for fiscal responsibility is a balanced budget.


Precisely under what circumstances did we last have that?
 

If Trump "can't do it" "because, congress" he's not very good at the job with respect to this policy goal.


So, in your world Trump is ALWAYS responsible for the actions of the Democrat Party. That's quite a cop out. When if ever are Democrats responsible for anything?
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