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Sun Feb 24, 2013, 10:42 AM

Conservative Republican are suggesting that only cutting spending shoud be number one priority

in reducing the deficit.

Democrats should response if the Republicans want to focus on only spending cuts- lets include Defense Spending, and other programs Conservative Republicans support.

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Reply Conservative Republican are suggesting that only cutting spending shoud be number one priority (Original post)
NPolitics1979 Feb 2013 OP
Enrique Feb 2013 #1
EC Feb 2013 #2
NPolitics1979 Feb 2013 #4
Igel Feb 2013 #5
Bake Feb 2013 #6
firenewt Feb 2013 #3
Adenoid_Hynkel Feb 2013 #7

Response to NPolitics1979 (Original post)

Sun Feb 24, 2013, 10:50 AM

1. i think Democrats should say we need to increase spending

while the unemployment rate has been so high for such a long time.

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Response to NPolitics1979 (Original post)

Sun Feb 24, 2013, 11:11 AM

2. I don't know why the Dem's aren't asking them

Why? Why do they believe we have to cut to lower the deficit when they normally want to grow their way out of deficits...do they all of a sudden don't think it's possible to grow out of deficits?

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Response to EC (Reply #2)

Sun Feb 24, 2013, 11:42 AM

4. Good point.

Republicans do not want to raise taxes on the wealthy but will support cutting programs poor people rely on.

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Response to EC (Reply #2)

Sun Feb 24, 2013, 12:07 PM

5. The question's been asked.

Repeatedly.

Most will say they want to grow their way out of deficits. Most will disagree that government spending is the biggest single key to economic growth. Small companies do most of the job creation and (R) see excessive government as a drag on growth. Then there's usually a big fight over that since nobody can agree on, and few even think to notice the need for, a definition of "excessive." They're not Keynesians, after all. Even many Keynesians like Krugman aren't Keynesians, sensu stricto. They use the same words, but they've redefined them considerably as time goes on.

If that particular fight doesn't happen, then they point out the following. In '93, taxes increased. In '95 or '96, the second time round, after a huge fight, Clinton agreed to balanced budget legislation. You can't balance the budget if the budget is increasing at rates equal to or greater than the growth in GDP, so the budget growth rate had to be lowered. That meant actual budget cuts after inflation, and in many cases actual budget reductions.

Then Clinton got lucky: productivity soared, unemployment reached record lows, and government revenues increased as a result. The stock markets made a lot of the Clinton budget-balancing possible, with larger incomes and a lot of capital gains taxes--in other words, a lot of the "growth" was the stock-market bubble.

I guess the comeback will be some kind of chart that shows low government budget growth rates from 2009-present, ignoring the huge discontinuity that occurred after 1/21/09 and before 9/09. Numbers don't lie mostly because they don't talk. That means they also don't tell the truth. They leave that to their interpreters.

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Response to Igel (Reply #5)

Mon Feb 25, 2013, 03:44 PM

6. I'm not sure it's the biggest single key to economic growth

But it's certainly a big chunk of GDP. Cutting it is going to put a drag on GDP, ergo no growth.

Why the GOP wants no growth -- well, I have a theory -- they want to trash the economy and try to blame it on the President and the Dems.



Bake

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Response to NPolitics1979 (Original post)

Sun Feb 24, 2013, 11:40 AM

3. Fuck the Republicans and the elephant they rode in on.

 

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Response to NPolitics1979 (Original post)

Mon Feb 25, 2013, 04:16 PM

7. "You know, Paul..."


"Reagan proved deficits don't matter."
-- Dick Cheney, conservative Republican icon, explaining to Paul O'Neil why it was OK to send the deficit through the roof in 2001

Here was the response from the rest of the GOP at the time:

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