The 800 Pound Gorilla in the Room

[Will]

Originally Posted by Exotix

Let me help you out when you weren't taxed enough already ...

Sorry, this tired old internet relic is childish drivel.

Congress, and specifically the house, controls the purse strings.




Clinton actively fought AGAINST balancing the budget during the 1990s.

[Will]

[Joecooool]

Originally Posted by _Will_

This graph is bullshit.

First off, the 2009 budget was GEORGE BUSH's budget.

Secondly, any number past 2011 is pure conjecture.

[Will]

Originally Posted by Joecooool

This graph is bullshit.

First off, the 2009 budget was GEORGE BUSH's budget.

Secondly, any number past 2011 is pure conjecture.

Wrong. Presidents only make recommendations and sign final budgets. Congress and the House have the power. The 2007 budget was the last produced by a Republican Congress.

Furthermore, the graph is clearly LABELED with "Whitehouse estimate" and "CBO estimate."

R-E-A-D-I-N-G is fundamental.

[Joecooool]

Originally Posted by _Will_

Wrong. Presidents only make recommendations and sign final budgets. Congress and the House have the power. The 2007 budget was the last produced by a Republican Congress.

Furthermore, the graph is clearly LABELED with "Whitehouse estimate" and "CBO estimate."

R-E-A-D-I-N-G is fundamental.

So why then is the 08 budget listed as republican? Can't have it both ways.

Congress never would have had the opportunity to approve the 09 spending had the Bush not submitted the budget.

The graph is bullshit written to make democrats look like the party thats out of control with the spending. The reality is both parties are guilty.

[Exotix]

Originally Posted by Joecooool

This graph is bullshit.

First off, the 2009 budget was GEORGE BUSH's budget.

Secondly, any number past 2011 is pure conjecture.

I've been down this road many times with _Will over on CFPR&C ... busted him many a time for posting *chopp'd graphs* ... but let'em talk ...

[Will]

Originally Posted by Joecooool

So why then is the 08 budget listed as republican? Can't have it both ways.

Christ. It's not. It's part of the gray bracket of spending that is not a projection. The green dividing line is clearly before 2008.

The graph is bullshit written to make democrats look like the party thats out of control with the spending. The reality is both parties are guilty.

Wrong again. The graph shows the truth. Both are out of control and producing deficits, but the Democrats have in FACT been the worst offenders.

It is a FACT that Clinton fought against the balanced budget.

It is a FACT that after they got out of control, the Republican Congress peaked it's horrible deficit spending at over $40 Billion in 2004 at the height of TWO wars and had it back down to around $160 Billion in their final budget, before democrats took back congress and reversed the trend. We were on a path to the budgets the Republicans produced in the mid 1990s, but sadly that never happened given the change in leadership.

Finally, we have all continually blamed Bush for his role. He deserves it. But the reality is he was the worst culprit of the party that is the least guilty of out of control spending.

It is also a FACT that Democrat social welfare programs are almost entirely responsible for deficit spending. Obama's record deficit producing budget with a 1.5 trillion deficit can all be traced to around 1.2 trillion in shortfalls between medicare/social security expenditures and the taxes that fund them, and our interest expense on debt. The military spending (higher than any year under Bush) and all other discretionary spending is actually right in line with the tax revenue collected that funds discretionary spending.

[Will]

Originally Posted by Exotix

busted him many a time

No, you haven't. One of the reasons you always had to tuck tail and run, or change the subject, or simply post ramblings that had nothing to do with the point in contention.

[Will]

Individual, Corporate Income Taxes, other taxes that fund discretionary spending ~ $1.4 Trillion in revenue.

Discretionary Non defense and defense spending ~ $1.4 Trillion in costs.

Result: ~Break Even

Payroll Taxes ~ $935 Billion

Social Security/Medicare/Medicaid ~ $2.2 Trillion

Result = In the RED.

[Will]

The trend is clear.

[Exotix]

Originally Posted by _Will_

No, you haven't. One of the reasons you always had to tuck tail and run, or change the subject, or simply post ramblings that had nothing to do with the point in contention.

Here's a free download to Government Budget Forecasting: Theory and Practice ... get back to me after you read it ...

Government Budget Forecasting: Theory and Practice - Free PDF Ebooks Downloads

[Will]

Originally Posted by Exotix

Here's a free download to Government Budget Forecasting: Theory and Practice ... get back to me after you read it ...

Government Budget Forecasting: Theory and Practice - Free PDF Ebooks Downloads

Get back to you about WHAT? Facts are facts.

The data and information are FREE.


Budget of the United States Government: Historical Tables Fiscal Year 2009

Budget of the United States Government: Historical Tables Fiscal Year 2011

[Exotix]

Originally Posted by _Will_

Get back to you about WHAT? Facts are facts.

The data and information are FREE.


Budget of the United States Government: Historical Tables Fiscal Year 2009

Budget of the United States Government: Historical Tables Fiscal Year 2011

I remember when I posted the 2 Books of Govt Budgets & Deficits (all corps and companies to sole proprietors have them) ... one for the public and the other *cooked books* ... everyone has them for any reasons from the IRS to *global financial/market confidence* ...

... all of you on CFPR&C came unglued when I posted this ... so I knew I hit a nerve ... which I liked ...

[Will]

Originally Posted by Exotix

I remember when I posted the 2 Books of Govt Budgets & Deficits (all corps and companies to sole proprietors have them) ... one for the public and the other *cooked books* ... everyone has them for any reasons from the IRS to *global financial/market confidence* ...

... all of you on CFPR&C came unglued when I posted this ... so I knew I hit a nerve ... which I liked ...

Where's that smiley you like? Oh, here it is:

[Exotix]

Originally Posted by _Will_

Where's that smiley you like? Oh, here it is:

The reason you came unglued was because I showed how Bush *appropriated* funds to conduct wars and pay Haliburton/KBR/Blackwater/Xe etc ... which eventually blew up in our faces and about the time Bush & Cheney were making their getaway ...

I think I took a ban for that one ... (you were all in right-wing hysteria by then ...)

[Will]

Hahahahaha.

I love how you constantly remember things that never happened.

Ads character.