Federal deficit grows by 32% to $900B

cawacko said:
At its core big government, in the form of government spending, diverts away capital from the more productive sector of the economy which is the private sector.
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Ah, so in your mind, if we give tax cuts to the rich they're trickle down wealth and jobs on the rest of us. Only that's never happened. Never. Not once. And we've been doing this shit for 40 years.

Kansas did exactly what you said, and the result was the erasing of a surplus, the manufacturing of record deficits, and the tax cuts were repealed last year. Suddenly, KS had a surplus! Funny how that works...taxes are cut, deficits appear, taxes are removed, deficits disappear.

Hmmm...almost as if cutting taxes cuts revenue which creates deficits.

So when the government spends money, are they spending money outside of our economy? Is there a secret, government-only shadow economy no one knows about except you?
 
LV426 said:
No, dude, you don't get to try and play victimhood here.

Asking you details about what you think isn't calling you 'racist'. So you say general, ambiguous, vague things, then try to play the victim when called out on it.

What a fucking baby.

So what from the military do you want to cut? Oh right, you don't know. You can't be expected to know those details. Too much work.
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We don't go on the span of one post from talking at 30K feet to getting into weeds. Especially to a punk ass like yourself homeboy. Once again you resort to calling others racist because you can't defend your own arguments
 
cawacko said:
At its core big government, in the form of government spending, diverts away capital from the more productive sector of the economy which is the private sector. America isn't the world's economic leader because we rely on government for our growth. Government plays a role but more as a referee. It's job is to allow the private sector to flourish.
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Like I said, it helps those lazy unproductive niggers who wants hand outs.

You're post doesn't make sense otherwise.
 
cawacko said:
We don't go on the span of one post from talking at 30K feet to getting into weeds. Especially to a punk ass like yourself homeboy. Once again you resort to calling others racist because you can't defend your own arguments
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I called you the racist......not him.

And you support racist ideology and the racist right wing agenda.........if the fucking shoe fits.........throw it at you.......
 
TTQ64 said:
Like I said, it helps those lazy unproductive niggers who wants hand outs.

You're post doesn't make sense otherwise.
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TTQ64 said:
I called you the racist......not him.

And you support racist ideology and the racist right wing agenda.........if the fucking shoe fits.........throw it at you.......
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Riding the SHORT Race hustling BUS
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The TROLL TRAIN!
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LV426 said:
"Smaller government" is one of those ambiguous, vague phrases designed to allow maximum wiggle room within the parameters later.

How has "big government" victimized you in any way whatsoever through taxation?
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Quite the opposite. Tax payers subsidize predatory capitalists like Amazon and WalMart. Both of these sharecropper enterprises coach their employees on gettng onto govt assistance so they can afford to work for wages the employers refuse to pay. That's juat what we call "capitalism" in america. Tax payers subsidize million/bilionaire sports team owners, it goes on and on.

Privatized gains versus socialized losses for the Wall Street bankster class
Internalized profit versus externalized risk and expense for the "job creator" class
Socialism for the aristocracy versus laissez-faire capitalism for the masses
 
Taxing religion alone would probably fund the entire economy.

But as it stands, they get all the free money they can handle.
 
LV426 said:
The economy is not in good shape, dude.

GDP growth in Q2 was inflated by the tariffs. That won't carry over into Q3 and Q4. In fact, because of an increase in orders in Q2, that will lead to a decrease in orders in Q3 and Q4. It's why I think that we'll be in a recession by this time next year.

Wage growth = stagnant

DJIA = stagnant

Companies still outsourcing jobs.

The tax cuts caused the deficit to soar. They're the only thing responsible for that. Why not just admit that they were a scam this whole time? What have you got to lose by admitting that?
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Tax cuts are not a payment. The cause of the deficit is spending, not tax cuts. The U.S.government is simply spending too much.

The problem is the Federal Reserve. The government can write as many rubber checks they want and they will be honored by the banks because of the Federal Reserve.

Sooner or later this whole pyramid scheme is going to crash. Sooner or later, people will simply stop accepting U.S. dollars anymore.

It's already starting to happen. People are starting to look for other things to use as a store of wealth or even money (other national currencies, silver, platinum, real estate, gold, Bitcoin, etc.). The only thing keeping it from collapsing now is the Race to the Bottom caused by so many other nations printing money as fast or faster than the United States is. The world has never been here before.
 
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