TMYK...Where our $38T national debt comes from...

[CC27]

634-5789 (4,623 posts)

TMYK...Where our $38T national debt comes from...



https://www.democraticunderground.com/100220915522

I thought you idiots loved debt and spending??

[Ralph Wiggum]

I'm immediately calling B.S. on the first item. Tax cuts do not add to the deficit, they reduce the deficit. Raising taxes decreases revenues, while lowering taxes increases revenues. That is an established fact.

The OP should have been title "The More You DON'T Know".

[CollectivismMustDie]

Only spending creates debt.

[Ralph Wiggum]

Only spending creates debt.

Agreed wholeheartedly.

Something fishy is going on over at the cesspool. This thread is not getting much play with only five responses, and here are three of them:

lostnfound (17,399 posts)
2. What is the source? Nt

harumph (3,109 posts)
3. I am interested in the source as well.

sinkingfeeling (57,204 posts)
5. Can you provide a source?

I can tell you the source: The DUmmy or some leftist think-tank's dark and remote location.

[RonE]

Quote
sinkingfeeling (57,204 posts)
5. Can you provide a source?

I can tell you the source: The DUmmy or some leftist think-tank's dark and remote location.

Something fishy is going on over at the cesspool. This thread is not getting much play with only five responses, and here are three of them:

Quote
lostnfound (17,399 posts)
2. What is the source? Nt

Quote
harumph (3,109 posts)
3. I am interested in the source as well.[more]

etc., etc

Yea, That's out of character. They usually just repeat it until they all believe it.

[Airwolf]

We are in debt like we are because of the many useless spending bills Congress has passed to fund some of the stupidest things in the world and to spend money in countries that claim to be our friend and yet take our foreign aid and just spend it on themselves and not the people like it is meant for. Money for making a Sesame Street program in Iraq isn't something we should be doing when grandma can't afford to get her medicine or vets like me can't get our promised benefits.

[Ralph Wiggum]

We are in debt like we are because of the many useless spending bills Congress has passed to fund some of the stupidest things in the world and to spend money in countries that claim to be our friend and yet take our foreign aid and just spend it on themselves and not the people like it is meant for. Money for making a Sesame Street program in Iraq isn't something we should be doing when grandma can't afford to get her medicine or vets like me can't get our promised benefits.

And there aren't many congress-critters who ever question the stupid out of control spending.

Meant to add earlier, that when most of those tax cuts were enacted the Democrats were controlling Congress. They and many Republicans spent like the proverbial drunken sailors that many of those 535 folks in Congress are. They don't call it pork barrel spending without a reason.

[SVPete]

When high taxes punish productive investments, such investments don't happen and less taxes are collected. When taxes are lowered, productive investments increase and collected taxes increase.