Does anybody realize the deficit is down 54% since 2009? $1.4t to $640b in FY13

Page 5 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

DucatiMonster696

Diamond Member
Aug 13, 2009
4,269
1
71
Of course you ignore that time when Democrats cut spending during good economic times while the "fiscally conservative" Republicans screamed about how it would damage the economy.

You're right that the GOP has a strong element of pro-big government spenders which is why there is a current divide between the pro-big government spenders in the GOP (aka neo-cons) and those who actually believe in being fiscally restrained in spending and government growth.

But in the end even you are admitting that cuts to government aren't the doomsday economic scenario those big government spenders in the GOP (neo-cons) and Democrats would like us to believe because the broken window theory is a complete fallacy in the end. Especially when it comes to long term economic growth in this nation. And we are much better off by allowing people to retain more of their money in the end instead of growing out government, be it for government guns or butter.
 
Last edited:

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
You're right that the GOP has a strong element of pro-big government spenders which is why there is a current divide between the pro-big government spenders in the GOP (aka neo-cons) and those who actually believe in being fiscally restrained in spending and government growth.

But in the end even you are admitting that cuts to government aren't the doomsday economic scenario those big government spenders in the GOP (neo-cons) and Democrats would like us to believe because the broken window theory is a complete fallacy in the end. Especially when it comes to long term economic growth in this nation. And we are much better off by allowing people to retain more of their money in the end instead of growing out government, be it for government guns or butter.

Very true but there were also a lot of GOP running around saying the modest tax hikes on the top earners was going to cripple the economy. So the sequestration didn't have the disasterous effects nor did the tax hikes.
 

dud

Diamond Member
Feb 18, 2001
7,635
73
91
Why do think the republicans are trying to trash the ACA and the country with the shut down and the debt ceiling?

The dems will have an absolutely positive record to run on and the republicans will have nothing (they usually run on, "we aren't as bad as the other guys").




Why use facts when you can just point fingers?

If you would open your mind you MIGHT consider the fact that the Bush tax cuts/credits have been phased out so MOST of our Federal taxes have gone UP, UP and UP. This accounts for most of the reduction in the yearly deficit.

If you represent the "typical" democrat consider me not.

... an independent.
 

dud

Diamond Member
Feb 18, 2001
7,635
73
91
GUYS!


The deficit needs to be INVERTED before we can even start to nibble away at the national debt of SEVENTEEN TRILLION FUCKING DOLLARS!

http://www.usdebtclock.org/


Only in such a fucked up age would people think our hideous rate of failure being marginally slowed down was worth discussing.
Its like Peg Bundy only buying 8 new outfits on credit instead of the usual 9 in order to save Al some money he doesnt even have. His pay check goes entirely into the interest charges on Peggys credit card and even the interest charges are rising.

Thats America. Government is having fun running around with our money which we havent even generated yet.



Sir, you significantly UNDERESTIMATE the amount that our federal Government actually owes. The last number that I read (2011) was something in the order of about $53 trillion in both debt and entitlements.
 

ivwshane

Lifer
May 15, 2000
32,345
15,156
136
Why use facts when you can just point fingers?

If you would open your mind you MIGHT consider the fact that the Bush tax cuts/credits have been phased out so MOST of our Federal taxes have gone UP, UP and UP. This accounts for most of the reduction in the yearly deficit.

If you represent the "typical" democrat consider me not.

... an independent.

Really?! No shit!

What that has to do with what I said, I don't know.

I'm an independent so...again I have no idea what your point is.
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,591
5
0
I guess you've forgotten what happened in 2008 that led to 2009 spending ?

We'd still be in the Bush depression without it.

We will never know what might have happened.

A large chunk of debt was issued without any real results to show. Money was dumped onto activities that were short term fixes to postpone the pain of actually fixing the problems. Shuffling the pea beneath the walnut shells.

Had that debt been directed into controlled consumer directed internal spending, the benefits would have been greater but not as political generous.

Get the deficit back to what was before Obama showed up with smooth talking, then I will feel that he his better than average pol.

At this point he keeps spending more than is coming in, and not caring how it shows.
 
Last edited:

ivwshane

Lifer
May 15, 2000
32,345
15,156
136
We will never know what might have happened.

A large chunk of debt was issued without any real results to show. Money was dumped onto activities that were short term fixes to postpone the pain of actually fixing the problems. Shuffling the pea beneath the walnut shells.

Had that debt been directed into controlled consumer directed internal spending, the benefits would have been greater but not as political generous.

Get the deficit back to what was before Obama showed up with smooth talking, then I will feel that he his better than average pol.

At this point he keeps spending more than is coming in, and not caring how it shows.


Oh you mean get spending to below what it was in the 80's when Reagan was president or the 90's when Clinton was president! I know you aren't talking about bush jr who sky rocketed us to higher than we are now (of course that was because of the economic crash that happened on his watch)?

Government spending is measured as a percentage to GDP. We have several options, cut spending by half, raise taxes (I'm guessing another 4-8%) or a combination of both.

Which one do you think is the smartest option? Then ask yourself who in congress or the president is offering such a proposal.
 

HomerJS

Lifer
Feb 6, 2002
36,289
28,144
136
Imagine what it'd be if there were actually "substantial" cuts to the budget. I'm not talking about anything like killing off any program, but talking more about trying to increase effectiveness and cut off 100 billion a year.

Things like trying to get more people off food stamps (easier said than done), trimming some off military budget, and creating more jobs (again, easier said than done, this would help with the food stamp issue).

I think some people need to realize that we simply can't just keep piling on new programs when we can't even pay for the ones we have. The best we can hope for is a slowdown of new spending so we can finally catch up to what is already implemented.

Of course, this is a pipe dream.

I do notice the first example you use is a program for the poor. Which highlights on of the Republicans fallacies. They don't care about deficits (see Dick Cheney quote) they only care about deficits if the can cut programs for the poor.

The reason there more people are on food stamps then when Obama took office is the shitty economy. Qualifications were not lowered to allow more people on. In fact as the economy improves people will go off the roles. Same reason deficit is going down.
 

Attic

Diamond Member
Jan 9, 2010
4,282
2
76
I think the general point I was trying to make is that regardless of what the opposition says about big spending Democrats and the need to spend less, we are indeed on a major short term downward trend when it comes to spending and the deficit. The only areas left to do any significant reforms will be the sacred cows of each party - Medicare, social security, and tax reform (tax increases).

I'd bet the farm that if you asked the majority of Republican and conservative constituents how much the deficit has dropped since Obama's first year, the majority would say none......and that's a terrible starting point when we need to politicians to be honest about the hole we're in.


Yep, I respect that. I think we need to see what comes in 2014 and 15. If we can get below 600b deficits by 2015 I'd call that a success by government.

My main thought is that Obama inherited a huge deficit from 2009, substantial parts of that were non recurring. Don't give undue credit for deficit reductions from non recurring spending going away.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Oh you mean get spending to below what it was in the 80's when Reagan was president or the 90's when Clinton was president! I know you aren't talking about bush jr who sky rocketed us to higher than we are now (of course that was because of the economic crash that happened on his watch)?

Government spending is measured as a percentage to GDP. We have several options, cut spending by half, raise taxes (I'm guessing another 4-8%) or a combination of both.

Which one do you think is the smartest option? Then ask yourself who in congress or the president is offering such a proposal.

Nobody really thinks we can cut spending in half, but it does need to be cut. And that means when it does get cut, nobody should go on another doom and gloom tour or show people pushing old ladies off cliffs. Also, we need to repeal ALL the Bush tax cuts and undo what Obama made permanent. Untill we do both of those we are going to keep having debt ceiling debate after debt ceiling debate.
 

dank69

Lifer
Oct 6, 2009
35,602
29,319
136
You're right that the GOP has a strong element of pro-big government spenders which is why there is a current divide between the pro-big government spenders in the GOP (aka neo-cons) and those who actually believe in being fiscally restrained in spending and government growth.

But in the end even you are admitting that cuts to government aren't the doomsday economic scenario those big government spenders in the GOP (neo-cons) and Democrats would like us to believe because the broken window theory is a complete fallacy in the end. Especially when it comes to long term economic growth in this nation. And we are much better off by allowing people to retain more of their money in the end instead of growing out government, be it for government guns or butter.
No, there are times when you should cut spending and/or raise taxes and there are times when you should increase spending and/or lower taxes. The Neocons think there should never be spending cuts and the Tea Party thinks there should always be big spending cuts. The moderate Republicans think there should gradual spending cuts but don't understand what should be cut or when it should be cut. All three approaches do considerable damage to our economy because NONE of them understand modern economics, but the moderates do the least damage, the Neocons trade short term boosts for long term catastrophic damage ala Reagan and Dubya, and the Tea Party philosophy will fuck us all real good instantaneously.

Democrats understand that you cut spending/raise taxes during economic booms and raise spending/lower taxes during recessions. It isn't rocket science and the supporting evidence is clear to anyone approaching the issue without partisan blinders on.
 

sandorski

No Lifer
Oct 10, 1999
70,131
5,658
126
We will never know what might have happened.

A large chunk of debt was issued without any real results to show. Money was dumped onto activities that were short term fixes to postpone the pain of actually fixing the problems. Shuffling the pea beneath the walnut shells.

Had that debt been directed into controlled consumer directed internal spending, the benefits would have been greater but not as political generous.

Get the deficit back to what was before Obama showed up with smooth talking, then I will feel that he his better than average pol.

At this point he keeps spending more than is coming in, and not caring how it shows.

You want it at $1.2 trillion?
 
Nov 30, 2006
15,456
389
121
No, there are times when you should cut spending and/or raise taxes and there are times when you should increase spending and/or lower taxes. The Neocons think there should never be spending cuts and the Tea Party thinks there should always be big spending cuts. The moderate Republicans think there should gradual spending cuts but don't understand what should be cut or when it should be cut. All three approaches do considerable damage to our economy because NONE of them understand modern economics, but the moderates do the least damage, the Neocons trade short term boosts for long term catastrophic damage ala Reagan and Dubya, and the Tea Party philosophy will fuck us all real good instantaneously.

Democrats understand that you cut spending/raise taxes during economic booms and raise spending/lower taxes during recessions. It isn't rocket science and the supporting evidence is clear to anyone approaching the issue without partisan blinders on.
Sounds nice in theory...but the reality is that Democrats want to significantly raise taxes and not cut net spending. This is clear to anyone approaching the issue without partisan blinders on.
 

dank69

Lifer
Oct 6, 2009
35,602
29,319
136
Its not. You are still using them correctly. Not using them isn't misuse.

Now if you would like to say that you aren't being logical and/or sane by ignoring statistics, fine. But not using something doesn't constitute misusing it. By definition, that's incorrect.
Grats on the irrelevant semantics win. It isn't misuse, it's just illogical/insane or more accurately, dishonest. So change "misuse" to "dishonest" in my post and my point still stands.
 

dank69

Lifer
Oct 6, 2009
35,602
29,319
136
Sounds nice in theory...but the reality is that Democrats want to significantly raise taxes and not cut net spending. This is clear to anyone approaching the issue without partisan blinders on.
Yes that is clear. Again, to anyone without partisan blinders on, the reasoning right now is because we are still treading water with a very fragile economy so cutting spending will delay recovery even longer, but raising taxes on the highest earners will not. This will have the effect of lowering the deficit without damaging the economy. Next step is for someone with partisan blinders on to characterize this as "stealing from the rich."
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,362
5,033
136
Yes, because continuing to bleed out and increase the national debt is a sure recipe for success!
 
Nov 30, 2006
15,456
389
121
Yes that is clear. Again, to anyone without partisan blinders on, the reasoning right now is because we are still treading water with a very fragile economy so cutting spending will delay recovery even longer, but raising taxes on the highest earners will not. This will have the effect of lowering the deficit without damaging the economy. Next step is for someone with partisan blinders on to characterize this as "stealing from the rich."
I think $1T in new taxes is going to hurt our economy any way you try to slice it...despite any "good intentions" of only "stealing from the rich" as if the middle class will be somehow unaffected. And I personally don't trust Democrats to make meaningful spending cuts unless it's essentially limited to military spending only....their track record speaks for itself.
 

xBiffx

Diamond Member
Aug 22, 2011
8,232
2
0
Grats on the irrelevant semantics win. It isn't misuse, it's just illogical/insane or more accurately, dishonest. So change "misuse" to "dishonest" in my post and my point still stands.

Congrats on missing the point. Well done, yet again. Winner!
 

dank69

Lifer
Oct 6, 2009
35,602
29,319
136
Congrats on missing the point. Well done, yet again. Winner!
I didn't miss your point. It was that since it's possible to cherry-pick statistics to support anything then it follows that all statistics are useless and/or false. It doesn't follow, so it seems that you are actually the one missing points here.
 

dank69

Lifer
Oct 6, 2009
35,602
29,319
136
I think $1T in new taxes is going to hurt our economy any way you try to slice it...despite any "good intentions" of only "stealing from the rich" as if the middle class will be somehow unaffected. And I personally don't trust Democrats to make meaningful spending cuts unless it's essentially limited to military spending only....their track record speaks for itself.
Not aware of anyone proposing $1T in new taxes, but if the Dems were allowed to raise rates on the rich back in 2010 or 2011 our current debt wouldn't be quite so high now, would it? This is why libs are so frustrated with conservatives. Conservatives create giant recessions with their policies, lose elections over it and then still find every way possible to block policies that will aid recovery. Then they complain that the recession is our fault when it started before we had power, complain that we aren't fixing it fast enough when they are blocking everything we try to do to fix it, and complain that our policies will make things worse instead of better when all expert analysis points to the opposite. Then any attempt to point any of this out is dismissed with a hand wave. But Bush!

As for the spending, yes military spending is the obvious low hanging fruit since cutting "entitlements" tends to make things worse despite conservative's claims to the contrary.
 

destey

Member
Jan 17, 2008
146
0
71
Yea, I know they don't give a flying fuck about America, they WANT it to go down in flames. Hey as long as the lunatics in their district vote for them, everything is kosher.

They want the leeches who are stealing from the hard workers to stop stealing from the hard workers.

You think the poor should be fed? Go write a check.
 
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |