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Author Topic: Deficit spending? Not a problem.  (Read 2037 times)

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Offline thundley4

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Deficit spending? Not a problem.
« on: July 15, 2010, 11:54:27 AM »
Quote
branders seine   (1000+ posts)         Wed Jul-14-10 08:32 PM
Original message
Poll question: Is greatly reducing or eliminating the deficit the #1 problem in America?
   
Poll result (62 votes)
Yes.    (4 votes, 6%)   Vote
No.    (1 votes, 2%)   Vote
Maybe.    (0 votes, 0%)   Vote
Not even in the top five.    (7 votes, 11%)   Vote
Not even in the top ten.    (48 votes, 77%)   Vote
Other.    (2 votes, 3%)   Vote
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8749616

This is from the people that go into massive credit card debt and then whine for government to make laws to bail them out.

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mrcheerful   (1000+ posts)           Wed Jul-14-10 08:45 PM
Response to Original message
1. The only time deficit spending come in the conversation is when conservonuts
   
want an excuse to kill spending to those at the bottom when it comes to tax give a ways to billionaires then deficits don't matter. What Dem's know is by giving the bottom it will be spent thus reducing the deficit because tax revenue increases as more people spend which in turn create jobs because demand goes up. The problem is conservonuts think that spending alone causes deficit's where tax cuts to the wealthy with spending cuts to the people, remember conservonuts increased spending to military and private sector corporations which caused the current deficit, nit wits.

Tax cuts are not spending, they are a means to let people keep the money they earned.

Hey DUmmies, look at the problems in the socialist countries in Europe.  Hell, even some of those countries are telling Lord Zero to rein in his spending.
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Offline jukin

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Re: Deficit spending? Not a problem.
« Reply #1 on: July 15, 2010, 12:11:16 PM »
Since defacing the great office of POTUS Owebama has DEFICIT SPENT $5,000,000,000.00 EACH DAY.

No hay problema.
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Offline DumbAss Tanker

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Re: Deficit spending? Not a problem.
« Reply #2 on: July 15, 2010, 12:28:36 PM »
Hardly surprising for a group with so few who pay any net income taxes. 
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Offline Carl

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Re: Deficit spending? Not a problem.
« Reply #3 on: July 15, 2010, 12:30:36 PM »
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What Dem's know is by giving the bottom it will be spent thus reducing the deficit because tax revenue increases as more people spend which in turn create jobs because demand goes up.

Would some DUmp economist explain to us how this happens?
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Offline SSG Snuggle Bunny

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Re: Deficit spending? Not a problem.
« Reply #4 on: July 15, 2010, 12:33:47 PM »
That's ALL they cried about in 2008.
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Offline Karin

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Re: Deficit spending? Not a problem.
« Reply #5 on: July 15, 2010, 04:02:02 PM »
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What Dem's know is by giving the bottom it will be spent thus reducing the deficit because tax revenue increases as more people spend which in turn create jobs because demand goes up.

They like to bring this up.  It ignores the possibility that wealthy people like to spend money, too.  I'd expand on this, but I gotta go.  See everyone tommorrow. 
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Offline thundley4

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Re: Deficit spending? Not a problem.
« Reply #6 on: July 15, 2010, 04:10:25 PM »
Quote from: Karin on July 15, 2010, 04:02:02 PM
They like to bring this up.  It ignores the possibility that wealthy people like to spend money, too.  I'd expand on this, but I gotta go.  See everyone tommorrow. 

What they also fail to mention is that their drug dealers don't pay taxes.
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Offline AllosaursRus

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Re: Deficit spending? Not a problem.
« Reply #7 on: July 15, 2010, 04:23:03 PM »
Quote from: thundley4 on July 15, 2010, 11:54:27 AM
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8749616

This is from the people that go into massive credit card debt and then whine for government to make laws to bail them out.

Tax cuts are not spending, they are a means to let people keep the money they earned.

Hey DUmmies, look at the problems in the socialist countries in Europe.  Hell, even some of those countries are telling Lord Zero to rein in his spending pound sand!

fixored!
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Offline Carl

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Re: Deficit spending? Not a problem.
« Reply #8 on: July 15, 2010, 04:27:00 PM »
Quote from: thundley4 on July 15, 2010, 04:10:25 PM
What they also fail to mention is that their drug dealers don't pay taxes.

Unless I am missing something,taxes are a percent of income so if you gave me a million dollars and told me to spend it all only a portion of it would return in taxes.
They seem to think that priming the pump by pouring water into a dry hole will create a well.
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Offline thundley4

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Re: Deficit spending? Not a problem.
« Reply #9 on: July 15, 2010, 04:34:58 PM »
Quote from: Carl on July 15, 2010, 04:27:00 PM
Unless I am missing something,taxes are a percent of income so if you gave me a million dollars and told me to spend it all only a portion of it would return in taxes.
They seem to think that priming the pump by pouring water into a dry hole will create a well.

The DUmmies also believe that there is an unending supply of rich people to keep raising taxes on.
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Offline Randy

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Re: Deficit spending? Not a problem.
« Reply #10 on: July 15, 2010, 05:41:14 PM »
Quote from: thundley4 on July 15, 2010, 04:34:58 PM
The DUmmies also believe that there is an unending supply of rich people to keep raising taxes on.

There is, after all everyone is richer than they are....
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Offline NHSparky

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Re: Deficit spending? Not a problem.
« Reply #11 on: July 16, 2010, 06:23:52 AM »
They whine about Bush's economic policies, his spending, the deficits, and debt built up under him, yet conveniently forget that Obama's policies are just Bush's on steroids.
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Offline Freeper

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Re: Deficit spending? Not a problem.
« Reply #12 on: July 16, 2010, 07:33:59 AM »
Quote from: thundley4 on July 15, 2010, 11:54:27 AM
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8749616

This is from the people that go into massive credit card debt and then whine for government to make laws to bail them out.

Tax cuts are not spending, they are a means to let people keep the money they earned.

Hey DUmmies, look at the problems in the socialist countries in Europe.  Hell, even some of those countries are telling Lord Zero to rein in his spending.

The other one I like is, when dummies say tax cuts are theft by the rich. How is keeping your own money theft?
 :mental:
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Offline Randy

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Re: Deficit spending? Not a problem.
« Reply #13 on: July 16, 2010, 03:01:32 PM »
Quote from: Freeper on July 16, 2010, 07:33:59 AM
The other one I like is, when dummies say tax cuts are theft by the rich. How is keeping your own money theft?
 :mental:

Because in the purple world they live in if you don't hand them money for the pleasure of their being then you're stealing from them.
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Offline diesel driver

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Re: Deficit spending? Not a problem.
« Reply #14 on: July 16, 2010, 08:04:20 PM »
The last budget Bush did before the Dimrat takeover of Congress was FY2007....
The deficit that year was 126 BILLION dollars....

So far, Lord Zero has spent us into a 1 TRILLION dollar hole, and there is 2 1/2 months left in the year....

For a real good time, just wait until Jan. 1, 2011, when the "evil Bush tax cuts" expire....
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