Political Roundtable Part XXIII

[dckingsfan]

In this next election cycle, one of the platforms the Ds should run on is fiscal sustainability. The Rs have totally abandoned this side of the equation.

Three Reasons for the Current Budget Deficit

1) War on Terror has added $2 trillion to the debt since 2001. The Trump administration will set new records of defense spending. It is estimated to reach $874.4 billion in FY 2018 and $886 billion in FY 2019.

2) The impact of tax cuts. They immediately reduce revenue for each dollar cut. The National Bureau of Economic Research found that only 17 percent of the revenue from income tax cuts was regained. the Bush tax cuts added $2.023 trillion to the debt between 2011 and 2020. Going forward, the Trump tax cut will reduce revenue. These cuts total $1.5 trillion over the next 10 years. But the Joint Committee on Taxation said the cuts would stimulate growth by 0.7 percent annually. The increased growth will add revenue, offsetting some of the tax cuts. As a result, the deficit will increase $1 trillion over the next decade.

3) Third is unfunded elements of mandatory spending. This includes Medicaid, which will be $412 billion in FY 2019. The mandatory budget also includes $656 billion in income support programs like TANF, EITC, and Housing Assistance.

On 1) Run on the fear that our deficits endanger us more than the enemy. Run on fear, cite Mattis.

On 2) Run on fear and unfairness. The unfair tax carveouts and also on how they impact our national security, trade deficits and imperil SS and Medicare.

On 3) This will be a hard one but doable if they run on bringing down the cost drivers for healthcare.

[stilldropin20]

interesting how the jack ass STD leaves out Trump’s involvement in the Epstein scandal. Truly are a despicable person to use something serious as some sort of partisan attack.

https://www.thedailybeast.com/how-did-trump-and-clinton-pal-jeffrey-epstein-escape-metoo

Even President Trump was among the deviant philanthropist’s admirers. “I’ve known Jeff for fifteen years. Terrific guy,” Trump told New York in 2002. “He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it—Jeffrey enjoys his social life.”

His name resurfaced during the 2016 election season, when a woman using the pseudonym Katie Johnson filed a lawsuit against Trump, claiming he raped her at one of Epstein’s parties when she was just 13 years old. She dropped the suit months later.

Trump called Johnson’s claims “not only categorically false but disgusting at the highest level and clearly framed to solicit media attention or, perhaps, are simply politically motivated.”

Epstein came up again during Trump labor secretary nominee Alexander Acosta’s Senate confirmation hearing. Acosta was the U.S. Attorney for the Southern District of Florida who oversaw the pervy money manager’s plea deal.

Epstein’s high-powered legal team, which included Harvard law professor Alan Dershowitz (who is now working for Weinstein and is a legal ally of President Trump), supplied prosecutors with dossiers on the alleged victims in an effort to discredit them.

trump hobnobbed with all the wealthy elites.

but we may have a moment of agreement!!! if Trump had anything to do (personally and directly and knowingly) involved in any kind of pedophilia then i will personally light the torch. You can dump the gas.

But i doubt it. Trump has been cheer leading for anyone and everyone for decades...if he had no idea that Epstein was a POS we cant fault Trump. Epstein has been paling around with HRC and WJC for decades. And many others.

The real issue is the Clinton/Bush/Obama appointed DOJ and Florida AG that let this slide as well as local AG in southern florida/broward county.

[dckingsfan]

Jaysus StillDroop. I am trying not to block you. But those book length posts make the board unreadable. You become spam if you cant distill or tone it down. So the trolling act doesn't even function well. It's pointless and tedious and doesnt even get attention or make the point you want it to make.

I find the thread very readable - but I have him blocked

[queridiculo]

No words necessary.

[stilldropin20]

In this next election cycle, one of the platforms the Ds should run on is fiscal sustainability. The Rs have totally abandoned this side of the equation.

Three Reasons for the Current Budget Deficit

1) War on Terror has added $2 trillion to the debt since 2001. The Trump administration will set new records of defense spending. It is estimated to reach $874.4 billion in FY 2018 and $886 billion in FY 2019.

I think your numbers are off here...more like $4 trillion for direct "war" efforts and another $3 trillion on indirect non war standard defense budget spending since 2001? about $7 trillion total since 2001?

2) The impact of tax cuts. They immediately reduce revenue for each dollar cut. The National Bureau of Economic Research found that only 17 percent of the revenue from income tax cuts was regained. the Bush tax cuts added $2.023 trillion to the debt between 2011 and 2020. Going forward, the Trump tax cut will reduce revenue. These cuts total $1.5 trillion over the next 10 years. But the Joint Committee on Taxation said the cuts would stimulate growth by 0.7 percent annually. The increased growth will add revenue, offsetting some of the tax cuts. As a result, the deficit will increase $1 trillion over the next decade

.

You are off on this. FRED still has 2018 total federal revenue receipts at $3.3-$3.4 trillion...a slight increase over 2017.

This does not account for tariff receipts.

3) Third is unfunded elements of mandatory spending. This includes Medicaid, which will be $412 billion in FY 2019. The mandatory budget also includes $656 billion in income support programs like TANF, EITC, and Housing Assistance.

On 1) Run on the fear that our deficits endanger us more than the enemy. Run on fear, cite Mattis.

On 2) Run on fear and unfairness. The unfair tax carveouts and also on how they impact our national security, trade deficits and imperil SS and Medicare.

On 3) This will be a hard one but doable if they run on bringing down the cost drivers for healthcare.

oh cool! more fear mongering! the real fear is that we are spending almost $700 billion on "free healthcare."

here's a better idea...How about dems run on passing legislation that requires medium-large (75 employees or more) businesses to provide mandatory healthcare to all of their employees and provide it until that employee dies (given that employee retires from that company after 30 years of work)...and that same legislation require these corporations to create escrow accounts to fund the healthcare of their employees.

Or run on legislation require those employees to fund their own personal health care accounts!!!?? How about that!!??

Why do working class tax payers need to fund old poor people who dont plan properly for their health care??? make it more like social security medicaid...we already have a damn tax for this!! Employers and employees contribute to it every single pay check!

[Pointgod]

No words necessary.

Media needs to be held accountable because to a certain extent they help perpetuate this garbage but people also need to do their own research on the issues which isn’t hard to do.

Read on Twitter

[stilldropin20]

Jaysus StillDroop. I am trying not to block you. But those book length posts make the board unreadable. You become spam if you cant distill or tone it down. So the trolling act doesn't even function well. It's pointless and tedious and doesnt even get attention or make the point you want it to make.

I find the thread very readable - but I have him blocked

How insecure are you that you constantly feel the need to lie about having me blocked? you have been saying this weekly for almost a year which...id weird in and of itself. What makes it more weird is that nearly every single factual or statistical post I make...you respond to with direct opposing stats. and within a few posts after i post...i mean we can go back and follow the tape. Do you think you are fooling anyone? (scratch that...there are at least 5 posters that believe you) Or are you just enjoying pretending you have me blocked? Weird bro!

[Pointgod]

And the hits keep coming....

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[stilldropin20]

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[stilldropin20]

amazing immigrant family!!!

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[stilldropin20]

ok...the elites clearly want migration. hmmm why? let's explore.

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1. i'm not going to waste my time with surface level logic the lefty liberal will in this thread such as "to (help) the migrants." I've studied enough of history to know that those who write history determine which "causes are worthy" and that worthiness is tied to finaincial or political gain. I'll leave it to you guys to fall for that rhetoric.

so exploring other factors:

2. Are the elites tired of the work ethic of citizens born in developed countries? <--do they want "hungrier" employee pool?

3. Are the elites thinking that the best way to destroy terrorism is to invite the residents from terror countries into our own non-terror countries? <--this prolly has more legs that intuition can muster.

4. More cynically, do the elites want to further drive the divide in developed countries to as to bring them to civil war...so as to further control those politicians?? <--Hmmm?

[gtn130]

So which parts of the dossier have been debunked again?

[gtn130]

Here's a nice stroll down memory lane:

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[Wizardspride]

So which parts of the dossier have been debunked again?

[Pointgod]

In this next election cycle, one of the platforms the Ds should run on is fiscal sustainability. The Rs have totally abandoned this side of the equation.

Three Reasons for the Current Budget Deficit

1) War on Terror has added $2 trillion to the debt since 2001. The Trump administration will set new records of defense spending. It is estimated to reach $874.4 billion in FY 2018 and $886 billion in FY 2019.

2) The impact of tax cuts. They immediately reduce revenue for each dollar cut. The National Bureau of Economic Research found that only 17 percent of the revenue from income tax cuts was regained. the Bush tax cuts added $2.023 trillion to the debt between 2011 and 2020. Going forward, the Trump tax cut will reduce revenue. These cuts total $1.5 trillion over the next 10 years. But the Joint Committee on Taxation said the cuts would stimulate growth by 0.7 percent annually. The increased growth will add revenue, offsetting some of the tax cuts. As a result, the deficit will increase $1 trillion over the next decade.

3) Third is unfunded elements of mandatory spending. This includes Medicaid, which will be $412 billion in FY 2019. The mandatory budget also includes $656 billion in income support programs like TANF, EITC, and Housing Assistance.

On 1) Run on the fear that our deficits endanger us more than the enemy. Run on fear, cite Mattis.

On 2) Run on fear and unfairness. The unfair tax carveouts and also on how they impact our national security, trade deficits and imperil SS and Medicare.

On 3) This will be a hard one but doable if they run on bringing down the cost drivers for healthcare.

It will be an interesting balancing act. On one hand the Democrats have proposed a lot of plans that will require an investment to change the status quo, but on the other hand Republicans have been so fiscally irresponsible that a certain amount of restraint will need to be applied.

That defence spending is insane. No country needs to spend close to a trillion dollars on the military.

[verbal8]

Something good happening in politics.
https://www.washingtonpost.com/opinions/a-miracle-may-happen-in-congress-will-mitch-mcconnell-stand-in-its-way/2018/11/28/000661b2-f326-11e8-80d0-f7e1948d55f4_story.html?utm_term=.817db9a1b790

Hopefully this is the start of injecting some sanity into the criminal justice system.

[Wizardspride]

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[gtn130]

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So glad we didn't elect Crooked Hillary. Lock Her Up!

[closg00]

Benghazi!!! Clinton Emails

[dckingsfan]

In this next election cycle, one of the platforms the Ds should run on is fiscal sustainability. The Rs have totally abandoned this side of the equation.

Three Reasons for the Current Budget Deficit

1) War on Terror has added $2 trillion to the debt since 2001. The Trump administration will set new records of defense spending. It is estimated to reach $874.4 billion in FY 2018 and $886 billion in FY 2019.

2) The impact of tax cuts. They immediately reduce revenue for each dollar cut. The National Bureau of Economic Research found that only 17 percent of the revenue from income tax cuts was regained. the Bush tax cuts added $2.023 trillion to the debt between 2011 and 2020. Going forward, the Trump tax cut will reduce revenue. These cuts total $1.5 trillion over the next 10 years. But the Joint Committee on Taxation said the cuts would stimulate growth by 0.7 percent annually. The increased growth will add revenue, offsetting some of the tax cuts. As a result, the deficit will increase $1 trillion over the next decade.

3) Third is unfunded elements of mandatory spending. This includes Medicaid, which will be $412 billion in FY 2019. The mandatory budget also includes $656 billion in income support programs like TANF, EITC, and Housing Assistance.

On 1) Run on the fear that our deficits endanger us more than the enemy. Run on fear, cite Mattis.

On 2) Run on fear and unfairness. The unfair tax carveouts and also on how they impact our national security, trade deficits and imperil SS and Medicare.

On 3) This will be a hard one but doable if they run on bringing down the cost drivers for healthcare.

It will be an interesting balancing act. On one hand the Democrats have proposed a lot of plans that will require an investment to change the status quo, but on the other hand Republicans have been so fiscally irresponsible that a certain amount of restraint will need to be applied.

That defence spending is insane. No country needs to spend close to a trillion dollars on the military.

Agreed on the Military - I would run on the fact that even the joint chief's didn't want that spending. Smart on defense spending.

And a tax bill that cuts the carveouts - but then they will need to cut their favorite carveouts as well.

And it would be easy to have a plan to attack the cost drivers of healthcare, but again - they have some of their favorite donors who wouldn't be too happy (trail lawyers for example).

So, they could clearly be on the right side of this - but they would have to make a few changes.