56 comments and no one here has the guts to mention the two wars while lowering taxes. Or TARP. Medicare Part D was mentioned but that was mere hundreds of millions of dollars, not billions or trillions.
The bottom line, and one that I get blasted for all the time is, we entered two hugely expensive wars and did nothing at all to offset the cost. Nothing. No decreases in spending anywhere on anything and taxes were lowered.
How in the world anyone thought this would work out is beyond me, and I’m sure many here will kindly explain to me how it was supposed to work out (but didn’t.)
Cutting PBS and NPR funding will do nothing. Repealing Obamacare will do nothing (as the hits haven’t even hit yet with that monstrosity.)
No, I’m not saying to raise taxes... But I’m curious what ways others here think will work. I have my ideas, but would like to hear others.
Exactly.
Cutting taxes while engaging in two war and greatly increasing spending for domestic programs led to a MASSIVE budget gap which created the problem we have now.
People need to admit the obvious.
Taxes were not “lowered”, tax rates were. Learn the difference.
Lower tax rates create more taxable income and more revenue and is proven since Coolidge, Kennedy, Reagan and GW Bush.
“Repealing Obamacare will do nothing (as the hits haven’t even hit yet with that monstrosity.)”
Repealing Obamacare will actually hurt as it actually reduces the debt!
Bwa hahahahahahahahahahaha. Man that’s a good one. I don’t care who you are that’s a funny one there. ROFLMAO.
What kind of idiots do they take us for. I guess they are counting on the 51%