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Póg mo

The Republican Party’s Corruption Will Bring Them Down—Again

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They've forgotten just how badly corruption can hobble an administration.

 

January 4, 2017

There’s nothing more consistent in national politics than the clockwork-like inconsistency of Republican budget deficit alarmism: They scream about the deficit when a Democrat occupies the White House, and go quiet when a Republican does.

After inheriting surpluses from President Bill Clinton in 2001, the GOP spent eight years not paying for new spending (on wars and a prescription drug benefit for seniors) while reducing taxes dramatically and in regressive fashion. When Republicans’ disastrous regime culminated in a crippling financial crisis, the structural deficits they had created mushroomed into the trillion-dollar-a-year range, after which they handed control of the government to Democrats and magically rediscovered the virtues of miserliness.

Now that they are on the cusp of reclaiming control of the presidency, Republicans are readying a quick return to the spendthrift days of the George W. Bush administration, but when a Democrat is next elected president, they will toggle right back to austerity politics without bothering to justify the obvious lack of underlying principle.

The cynicism is both familiar and breathtaking, but it isn’t reserved for fiscal policy alone.

 

Continued on link...https://newrepublic.com/article/139618/republican-partys-corruption-will-bring-downagain


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10 hours ago, Dakine10 said:

  The Republicans are the party that likes to talk the talk about fiscal responsibility. When it comes to walking the walk, not so much. 

The republican party has been spending money like a drunken sailor since the Reagan admin.

 

DRUNKEN+SAILOR.jpg

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4 minutes ago, Teddy B said:

The republican party has been spending money like a drunken sailor since the Reagan admin.

 

DRUNKEN+SAILOR.jpg

 

There is some truth to that only it's pretty much everybody.

 

GDP-Economic-Deficit-010217.png


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9 minutes ago, OriZ said:

 

There is some truth to that only it's pretty much everybody.

 

GDP-Economic-Deficit-010217.png

No doubt it's been both parties, but it's just kinda funny that one of those parties supposedly prides itself as being fiscally conservative.

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5 hours ago, Teddy B said:

No doubt it's been both parties, but it's just kinda funny that one of those parties supposedly prides itself as being fiscally conservative.

Yeah I agree, and it is clear that it's not going to be any different in the next 4 years as the only way to accomplish some of what is being talked about is to add more to the deficit. You simply cannot cut spending enough no matter how hard you try, especially with lower taxes. Ironically, it was during the end of the Bush days(due to much needed - and still necessary but halted mainly due to the FED - deleveraging during the crisis) that was the only time since the 80's where the deficit has not grown for a little while there.


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5 hours ago, Teddy B said:

No doubt it's been both parties, but it's just kinda funny that one of those parties supposedly prides itself as being fiscally conservative.

Touché! Yeah, funny how that works. I think people just will keep moving the Debt Ceiling up higher and higher. Real world physics don't seem to apply to economics.

 

How is it that we have all these professional economists supposedly working to fix everything and this is how that chart looks for the past 30 odd years? It's really head scratching, seems like they almost want it to be this way. I wish it all made more sense but I don't claim to understand economics.....all I know is that money (which we can also all debt) is created from thin air essentially on computers and that only 3% of money in existence is actually cash. Money basically is debt. In our current monetary system, without debt there would be no money. Mind boggling.


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13 hours ago, OriZ said:

 

There is some truth to that only it's pretty much everybody.

 

GDP-Economic-Deficit-010217.png

Basically it all started with Reagan. Trickle down economics is a failure. How much longer before people understand this?


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50 minutes ago, Póg mo said:

Basically it all started with Reagan. Trickle down economics is a failure. How much longer before people understand this?

 

This isn't just about trickle down economics though...it's a whole culture and liberal policies that need to be changed and contribute as well...stuff like low interest rates, QE, bailouts, and spending to get out of normal cyclical events(the American Recovery and Reinvestment Act comes to mind). And I could go on and on and as a matter of fact I do. It all does nothing but add to the gap between rich and poor.


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07/09/2013: POE - EWR. Went super fast and easy. 5 minutes of waiting and then just a signature and finger print.

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05/06/2016: One month late - overnighted form N-400.

06/01/2016: Original Biometrics appointment, had to reschedule due to being away.

07/01/2016: Biometrics Completed.

08/17/2016: Interview scheduled & approved.

09/16/2016: Scheduled oath ceremony.

09/16/2016: THE END - 4 year long process all done!

 

 

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US-national-debt-GDP.png

 

Hmmmm.....


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7 hours ago, Suss&Camm said:

US-national-debt-GDP.png

 

Hmmmm.....

Oh yay, a "what if?" chart, my fave! Do you have the National Debt chart that shows "what if" Clinton wouldn't have gutted the military and intelligence community and would have taken care of the Bin Laden problem?

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