Maybe a definition of fiscally conservative would be in order. I see that as reducing spending and reducing taxes, balanced budget, etc...Fiscally responsible would mean paying for your debt as you go along...PAYGO if you will.
Maybe a definition of fiscally conservative would be in order. I see that as reducing spending and reducing taxes, balanced budget, etc...Fiscally responsible would mean paying for your debt as you go along...PAYGO if you will.
It is obvious you have do not understand what conservative is from a budgeting and finance perspective. You always take the most conservative estimates or outcomes when planning, "conservatives" do the opposite - witness republicans replacing the CBO director with one that applies dynamic scoring. Tax cuts lower revenue, ALWAYS, they never ever pay for themselves much less increase revenues. You can never ever pay off the debt while reducing taxes. You cut taxes AFTER the debt is paid off. What you don't understand is that the people who run your party - the koch's - they want to destroy social security and medicare. They don't want to have to pay taxes to pay back the money borrowed from the trust funds and they think it is socialism.Originally Posted by okie52
The last time the budget was even close to being balanced was when there was a GOP Congress, you know, where the appropriations bills(HoR) are originated. Also, the peace dividend from the ending of the Cold War went a long way toward reducing the deficit. Reagan deserves the credit for this no matter how much you hypocrites on the left want to give credit to Bill Clinton for everything. His first budget after the GOP took Congress called for massive sepnding and it was thrown back in his face but unlike Obama he decided to work with the new GOP Congress and they actually did something good for the country.
Last edited by FaninAma; 3/24/2015 at 10:24 AM.
Beware the man who would rule you for your own good. He will never cease. He will regulate every aspect of your life, destroy your liberty and enslave you, and sleep well convinced that he has made the world a better place.
---Correct
Well that is very illuminating 8th. I would have never thought about being conservative on projections.
If you cut taxes only after the debt is paid off why did Obama continue to extend the Bush tax cuts?Revenue Act of 1964
The United States Revenue Act of 1964 (Pub.L. 88–272), also known as the Tax Reduction Act, was a bipartisan tax cut bill signed by President Lyndon Johnson on February 26, 1964. Individual income tax rates were cut across the board by approximately 20%. In addition to individual income tax cuts, the act slightly reduced corporate tax rates and introduced a minimum standard deduction.[1]
The stated goal of the tax cuts were to raise personal incomes, increase consumption, and increase capital investments. Evidence shows that these goals were met to some degree by the tax cut.[4] Unemployment fell from 5.2% in 1964 to 4.5% in 1965, and fell to 3.8% in 1966.[4][5] Initial estimates predicted a loss of revenue as a result of the tax cuts, however, tax revenue increased in 1964 and 1965.[4][6]
http://en.wikipedia.org/wiki/Revenue_Act_of_1964
But the really important question to me is how does your defining yourself as a conservative democrat set yourself apart from a "moderate/liberal democrat"? How are they different from you
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If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
I certainly don't want to see those areas suffer either although schools and police would be more of a municipal/state issue. And I think there should be a safety net for people/kids too.
But, as I said before, the devil is in the details.
You are a joke. The budget was balanced under CLINTON. You actually want to give credit for balancing the budget a full eight years after reagan, the president how tripled the debt and deficit, left office. But one month into obama's first term - you can't blame bush. What a JOKE. NO INTEGRITY. Here is a little chart showing you how it really worked. http://origin.factcheck.org/Images/i...Deficit(1).jpg Reagan didn't end the cold war - gorbachev did. Clinton ran on welfare reform - it is the reason I voted for him TWICE. Tell me a republican president that would cut military spending. It took a democrat to do it.
You are just so silly. Reagan's policy of containment and strength coupled with the Saudi's lowering the price of oil crippled the Soviet's economy and led to their collapse. Clinton did not balance the budget. He agreed to let the GOP controlled Congress balance it and he went along for the ride. The Peace dividend was from military spending reductions that occured after the end of the Cold War.
Beware the man who would rule you for your own good. He will never cease. He will regulate every aspect of your life, destroy your liberty and enslave you, and sleep well convinced that he has made the world a better place.
Probably the single greatest bunch of crap that Libs tout about Slick Willy...NO PRESIDENT controls the budget!!!! He can damn sure can influence it, but he doesn't control it!
But, not while Democrats controlled the Congress. It took the Republicans wiping out Democrats in 1994 and taking control of the budget process for it to be balanced. Get your history straight.
"General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization: Come here to this gate! Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!"
President Ronald Reagan at the Berlin Wall, June 12, 1987
You just don't understand. Being fiscally conservative means you don't make quick harsh decisions. He extended the bush tax cuts on the wealthy because of POLITICS. There is a difference between not raising taxes and cutting taxes, or does obama get credit for cuttin' taxes? I already put it.
HAHAHAHAHAHAHAHAHAHA THAT IS THE FUNNIEST THING I HAVE EVER READ! HAHAHAHAHAHAHA - Clinton did not balance the budget. He agreed to let the GOP controlled Congress balance it and he went along for the ride. HAHAHAHAHAHAHAHA STOP IT YOU ARE KILLING ME............... You are going to sit there with a straight face and tell me that the conservative republicans raised taxes, cut military spending and increased discretionary spending to balance the budget? FVCKING LIBTARDS! LOL
I tire of the praises of St. Reagan. Carter inherited a bad situation that was going to turnaround at some point. Between OPEC, price fixing and the tail end of Vietnam, Nixon/Ford left Carter with a mess. The economy was due to bounce back and it did under Reagan. He did some good things but he also used our future to outspend Russia. Ironically, today, St. Ronald would be too moderate to even be elected to Congress.
He also had a nice history of working hand in hand with Iran (or Ayran for one or two of you) to covertly sell them weapons and delay a hostage release for election purposes.
Supply-side economics, or something - doo economics...voo-doo economics works well when you cut spending in conjunction with cutting income. Reagan cut some spending but ramped it up on other areas.
http://www.washingtonpost.com/blogs/...t-like-reagan/
I like Reagan and appreciated his bringing down the big bear. But, he was no Clinton.
You do understand what you just said right? These "obama" deficits and adding to the debt are actually teabagger conservative republicans in congresses debt and deficits. LOL too funny.....................
Weren't the dems complaining about the bush tax cuts from the day they were enacted and how it contributed to the deficits? I realize that much of their focus was towards the wealthy getting a tax cut but everyone that paid federal income taxes got a tax break. As you said, you don't cut taxes until after the debt is paid off so how does that fit with your "conservative" philosophy?
Letting the bush tax cuts expire would be raising taxes? They were only meant to be temporary. Doing nothing would have returned to the old Clinton tax rates and, as you said, "tax cuts never pay for themselves" and "that they lower revenues" so why didn't Obama let the rates return to the Clinton tax rates and recapture all of that lost revenue?
"I already put it"? I'm assuming that means you already described yourself as a "fiscal conservative, social liberal" with that equaling a "conservative democrat". I'm just trying to get your explanation on how that differs from the moderate/liberal dems. Do they have a different economic philosophy than you?
Last edited by okie52; 3/24/2015 at 12:06 PM.
I love when politicians make a tax cut that will expire after their term of office expires, letting the next guy take the load. Cheney was good at that.
I was good with letting all of the tax cuts expire.
It did - what does that have to do with anything? They were NEVER meant to be temporary - they only put them out to ten years because they didn't want to show the deficit being that high that far out. Tax cuts never pay for themselves. The when johnson cut taxes, the economy was growing at 5.4% before and 5% after.
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