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Sunday, October 23, 2016

DeficitAfter years of ranting about the deficit, Republicans celebrated the news that it had been cut by almost two-thirds by completely ignoring it and finding some other disingenuous talking point to rant about.

The reduction in America’s budget overruns comes largely from the ending of some of the Bush tax breaks for the rich and economic growth, which is why Republicans would rather ignore it. While the party that blew the huge Clinton budget surplus will continue to sound off against government spending when convenient, their deficit fixation has been proven false, again.

And by not calling out the GOP’s hypocrisy, Democrats have given away the best chance we’ve got to put the unemployed back to work… for no political gain.

Here are five ways you know that the GOP only says they care about the deficit when a Democrat is in the White House, so they can run it back up when they return to power.

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Copyright 2014 The National Memo
  • Independent1

    And you can tell that the GOP isn’t concerned about deficits by the fact that every GOP administration since Nixon’s second term has spent like drunken sailors and driven up the deficits (with Nixon, Reagan and the 2 Bushes being responsible for 90 plus percent of our current debts).

    AND, by the fact that every Democrat starting with Carter who has inherited deficit spending has worked to reduce it, with Carter actually dropping America’s debt to GDP ratio to the lowest point that it’s been since the big depression (to around 35% of GDP); and with Clinton actually lowering deficit spending to the point where he governed with 3 years of surplus budgets, and with Obama having kept his promise by cutting the 1.9 trillion in deficit spending he inherited from Bush 2 more than in half within his 1st 4 budgets, reducing deficit spending faster than any president since Truman back right after WWII.

    • Annemb

      Great post!

      Plus, what about the amount of money the TGOP spent “repealing” the Affordable Care Act per day and the government shutdown…. They are so busy looking under rocks for anything they any reason they could find to blame President Obama that instead of “representing the people” as is defined in the U.S. Constitution, they steal American taxpayer money by collecting their salaries for not working.

      Actually, as Michelle Bachmann always manages to remind Americans (out of context from Scriptures) “those who don’t work, don’t eat” THEY should not get paid for not working instead of stealing money from the taxpayer, so shouldn’t eat.

      And, what about the JOBS bill that President Obama sent to Congress several years ago?

  • Dominick Vila

    Eliminating unnecessary programs, or those that only help a tiny minority of Americans, to help reduce the deficit and the need to borrow is an approach that deserves support. Unfortunately, what the GOP is doing has little to do with the elimination of waste and abuse, and a lot to do with reductions of social programs that help our most vulnerable citizens, while protecting the loopholes, tax breaks, and subsidies that only help the top 1% of earners.
    Their goal is laudable, albeit for the fact that the key to strengthen the economy is private and public sector investment, what is wrong with their focus on deficit spending reduction is its execution.

  • Annemb

    Plus, what about the amount of money the TGOP spent “repealing” the Affordable Care Act per day and the government shutdown….

  • AlfredSonny

    GOP are terrified of America’s “out-of-control spending” (as long as a Democrat…or a Black Person…is in the White House.)

  • latebloomingrandma

    I thought a “subsidy” was supposed to be for a person that needed a little extra help or boost. Such as poor people who need help with a health insurance premium. That a “subsidy” goes to 2 people who are among the richest men on the planet is just obscene. That is the kind of thing that needs hounded to death and “investigated” rather than Benghazi, which has been investigated and answered. The only one who stays on this is Rachel.

    • jointerjohn

      When one needs help or a boost it is a subsidy. When those like the Koch brothers get help it is known as kickback, corruption or graft.

      • daniel bostdorf

        Wall Street thieves that tanked this economy got a bail out….where is Main Streets?

  • Kurt CPI

    No one ever accused politicians of being anything other than hypocrites. While there’s plenty of this to go around on both sides of the aisle, Republicans are far and away the winners in the hypocrisy department.

    • terry b

      Man, you are good. Fortunately for you and I, the nutcases won’t find much interest out here. They hate the truth.

  • jeffromac23

    Also I would like to point out how can the Republicans policies ever pay down the debt when it is their policy that whenever there is a surplus in the budget there should be a tax cut (mainly to the rich) to offset the surplus. So by immediately giving back the surplus to taxpayers how can you ever pay off our debt. They claim their goal is reduce the deficit and the debt but really their goal is oppose any idea the Democrats have. It amazes me how hard they have fought for the Keystone XL pipeline which will only create 2,000 temporary jobs and 50 permanent but fight tooth and nail against any infrastructure jobs that will create thousands of jobs for several years if not decades. It just makes no sense to me at all.

    • Independent1

      Yeah! But that’s because they’re really not fighting for the jobs, they’re fighting for the monies that the Koch Bros. and other rich oil-related barrons will earn from shipping the useless tarsands oil to China while destroying the environment.

  • Bill

    Why does everything come back to cuts to Social Security, is this country really so stupid as to think tax increases on the rich needs to involve cuts to Social Security which doesn’t cost the Government anything, in fact how would this country run if they couldn’t rob our Social Security?

    • Robert Roberto

      They can cut my social security when I pass on, but not before is what most people on social security are thinking about right now.

      • daniel bostdorf

        “thank you for your point of view”.

  • silas1898

    They seem to think Social Security payments just disappear into a black hole somewhere. That money goes straight to the millionaires.

    The elderly spend it right away on: Food (Big Agro), Doctors and medicine (Big Pharma/HMO), Heat/Utilities (Big Oil/Telecom), and housing costs.
    Instead they want to prop up the yacht industry for the billionaires.

  • terry b

    It used to be the tax and spend democrats followed by the borrow and spend republicans. The only way out of the mess we are in is to increase taxes and cut spending, particularly on the military and other wasteful spending.

    • daniel bostdorf

      I dont agree… We need to spend more on a peace time economy and less on war time economy that the GOP created and that Obama inherited…

    • Independent1

      Terry, you’re right about increasing spending to spur the economy but spending at the moment is not the problem – spending as a percent of GDP is the lowest in the past 60 years. We need to get the GOP’s mindset off of cutting spending (that’s not to say there isn’t some wasteful spending in the military), but the whole thrust of what Congress is doing has to be focused on creating jobs in order to increase tax revenues to drive down the deficit – not cutting them at the moment – which is what would happen if you started slashing military programs. If you can convince Congress to cut military spending and switch that to infrastructure spending that would be great – but too many Republicans are wed to the defense industry complexes in their states and you’d have a really hard time getting them to switch over. We should just focus on getting them to see that the country needs to start spending on infrastructure, including schools and government buildings.

  • daniel bostdorf

    Just read indepenent1 post below…cant be improved on…

  • MJRinPA

    “The reduction in America’s budget overruns comes largely from the ending of some of the Bush tax breaks for the rich and economic growth, which is why Republicans would rather ignore it.”