Waco1947 said:
curtpenn said:
contrario said:
Waco1947 said:
contrario said:
Waco1947 said:
Read the article. Tax cuts did not increase revenues and spending surged. A quick boost to the economy but like a sugar high
And my point was we need more time to measure the effectiveness of the tax cuts. With any new policy like this there are short- and long-term benefits and consequences. We experienced the short term benefits, or sugar high as you put it, but may be 3-5 years before we can adequately measure the long-term benefits, keeping in mind there will be some milemarkers along the way. Tax payers still haven't even filed their 2018 income taxes, so one could even argue we still don't even know what the short-term benefits will be because all we know is that withholdings were adjusted for 2018, but that isn't the same as what the actual end of year tax bill will be. It could be worse than we think, or it could be better after people actually file and pay their 2018 taxes. We shall see.
All of this has nothing to do with the deficit though. The soaring deficit is caused by the enormous bipartisan spending bill that continues the long-standing policy of both parties to spend more than we bring in. We still aren't completely sure how the tax bill will impact federal tax revenue, but if history holds true, federal tax revenue will continue to rise over the long-term at a relatively stable rate, barring a major decline in the economy. So what we are left with is trying to control spending in order to reduce the annual deficit, something both parties have shown no interest in doing.
You are right that it is bipartisan but the gop fiscal hawks collapsed after Obama. I find it suspicious.
No they don't. The republicans have been spending out of their arses for decades. They just spend money in different places than democrats. And any appearance of fiscal responsibility republicans demonstrated during the Obama administration was to get votes so they could get back in power and then spend money in the places they want to. The same goes for the democrats. They will act like they care about the deficit as long as Trump is in office so they can regain power and spend money where they want to spend it. Don't you see this? This is the stupid game the two parties play: gain power, abuse power, lose power, obstruct the opposition party when they are in power, regain power and then repeat. It's so fcking mindless and the sheep on both sides fall for the stupid games every time. And the system is rigged so that a legitimate 3rd party could never make a serious run at gaining power, so we are stuck in this hamster wheel of death while the two parties spend us into oblivion.
^^^^ x 1,000. So true. Gotta stay on that hamster wheel a few more years, unfortunately.
Xero argument from me Dems and GOP have different voting adherents but they each vote raises for their own groupings. My prejudice is that Dems do a little better job of giving a hand up.
My prejudice is that Democrats in their talking points of 'giving a better hand up' inadvertently make it worse for the disenfranchised.
Which is a better scenario:
1.) The parents who lets their son stay at home well into his 20's. They don't make him get a job, he has no expectations and lives in their basement. The parents have enabled this behavior by being a safety net and something the son can rely on.
2.) The parents who put their foot down and say "get a job, go to school or get out". The son realizes his only path is to better himself and he goes to school and gets a job.
People who support handouts, with respect to their intentions, create scenario one much more often than the handout achieving scenario two.
This is basic human nature. It even effects animals.
Handouts should be reserved for those who cannot climb the ladder of life and that is a VERY SMALL portion of the population.
"Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." ~ John Adams
