woodguru

You do realize that this has everything to do with tax cuts...right? 2019 is looking to bump a Trillion at $960 Billion, which by the way is close to half a billion more than the Obama deficit. Tax cuts were just a ridiculous idea that did nothing for the economy except allow corporations to use the money to buy back stock, which is a cute way for major shareholders to sell out and take the money out of the stock market and their companies.

https://dmlnewsapp.com/breaking-budget-office-makes-stunning-prediction-federal-deficit/

Lonewolf

but obama was black

truthiness

[quote=woodguru]You do realize that this has everything to do with tax cuts...right? 2019 is looking to bump a Trillion at $960 Billion, which by the way is close to half a billion more than the Obama deficit. Tax cuts were just a ridiculous idea that did nothing for the economy except allow corporations to use the money to buy back stock, which is a cute way for major shareholders to sell out and take the money out of the stock market and their companies.

https://dmlnewsapp.com/breaking-budget-office-makes-stunning-prediction-federal-deficit/[/quotehttps://www.washingtonpost.com/posteverything/wp/2017/04/24/dsa-dynamic-scoring-abuse/?noredirect=on]

Might have something to do with Mulvaney's use and abuse of dynamic scoring.

ImLogicallyRight

which is a cute way for major shareholders to sell out and take the money out of the stock market and their companies.

Also small share holders, and pension funds, etc. at a nice profit. The stock was initially sold to get money for investments. They paid off and now they are buying some back. Business. Oh and the stock market soared and people made more money by buying into some other corporation.

But I agree that the deficit is to high and should be reduced. We can do most of that by not spending money we don't have as the Democrats are so often trying to do with ever more programs. Imagine if Sanders or Harris or Warren ever get in. Wow, will that soar. We could cut a lot of that spending by stopping this i*****l i*********n and all of their welfare benefits. Would you support that?

Parky60 Loc: People's Republic of Illinois

And yet not a peep when your god Obama AVERAGED that in his eight years in office.

woodguru

Raising taxes that are historically low for the wealthiest people and corporations would lower the deficit significantly. How about lowering taxes for working people while raising them for the wealthy?

Peewee Loc: San Antonio, TX

How about we stop r****m and class envy. You want more money, get another job. The business of business is to make money for shareholders who invested in a company when it didn't make money and couldn't pay dividends. Now that they're successful you want to rob their profits with more taxes. Typical lib, you wouldn't milk the cow but you want the milk, butter, and cream. Correction, you probably think milking a cow is sexually abusing it. If you take all the money from everyone you wouldn't put a dent in our deficit. Why do you think Obama sent cash to Iran? Because a bank or wire t***sfer can be traced and we would know where all that money went and to whom. I'm guessing a good chunk went into Obama's pocket.

woodguru

Actually the business of business has become focused on paying CEO's staggering salaries, perks, and bonuses as an alternative to paying taxes on profits. Tax cuts just gave them a mainline to higher salaries and bonuses. Meanwhile corporations reflected a stagnation as pertains to worker's pay. Their defense being "but we can't afford to pay more, profits aren't there" Well it has been because their focus on paying ludicrous bonuses on to of completely unwarranted salaries. There is not a single CEO in the entire country that has a salary and bonus of more than a few million tops, and many are topping a hundred million a year and more. Nobody alive is worth that much money as a paid employees, whether they run a company or not. That is income that should be going to employees and shareholders.

Peewee Loc: San Antonio, TX

We finally agree on something. I'm writing this down in my diary.

herbie

Trump is the one spending all the money, did you really just try to blame Trump`s spending on the dems ? has nothing to do with what that nitwit Warren wants to do but what Trump is actually doing.