Trump families jet-setting costing us a fortune.

It is interesting none of the cons here seem to want to comment on the original topic of the thread (Trump’s lavish trips). That leads me to conclude they are ok with being hypocrites condemning Obama’s as trips as too expensive and inappropriate but being ok with Trump spending as much in one month as Obama did in a year.
Quote

Originally posted by: malibber2
It is interesting none of the cons here seem to want to comment on the original topic of the thread (Trump’s lavish trips). That leads me to conclude they are ok with being hypocrites condemning Obama’s as trips as too expensive and inappropriate but being ok with Trump spending as much in one month as Obama did in a year.



Hillary's emails.
Quote

Originally posted by: billryan
Seems like Alan has more interest in playing the blame game than solving the problem.
Unfortunate!
What are you babbling about? I put the blame on Democrats AND Republican politicians. That's Bipartisan and that's just reality. I have offered my solutions many times here. You just don't pay attention. A constitutional Amendment for a balanced budget.

I also supported President Obama's Debt commission...you remember Simpson/Bowles? It offered a bi-partisan way out of this mess. Unfortunately President Obama did not stand by the recommendations of is own commission. That was a turning point for me.

Quote

Originally posted by: pjstroh
And again you can't name what policy he signed that added to the debt. By virtue of being in office he is responsible for debt creation policy that was already in place before he got there and had no say over? That's beyond ridiculous.

This is laughable. The President is supposed to be a leader. You're saying that President Obama bears no responsibility for deficits in FY 2010, 2011, 2012, 2013, 2015, 2016 and 2017....because...Why? It wasn't his job? He was bound to the tax and spend policies of President Bush? Bullshit.

Yet, you are giving him great Kudos for the 2017 deficit because it is far less than 2009. Although President Bush is the winner with the largest deficit ever from 2009...Each of President Obama's 8 deficits rank in the top 10 all time....and together represent the largest addition to our National Debt by any President. Bush managed the other two of the top ten and Obama had 8....and you would have us believe that this is somehow good.

Like I said, until you can admit Obama's total deficits were by far the largest ever, there's little hope for you to really understand the problem or the solution.


Quote

Originally posted by: alanleroy

I also supported President Obama's Debt commission...you remember Simpson/Bowles?


Ah, yes, the cat food commission.
Quote

Originally posted by: alanleroy
Quote

Originally posted by: billryan
Seems like Alan has more interest in playing the blame game than solving the problem.
Unfortunate!
What are you babbling about? I put the blame on Democrats AND Republican politicians. That's Bipartisan and that's just reality. I have offered my solutions many times here. You just don't pay attention. A constitutional Amendment for a balanced budget.

I also supported President Obama's Debt commission...you remember Simpson/Bowles? It offered a bi-partisan way out of this mess. Unfortunately President Obama did not stand by the recommendations of is own commission. That was a turning point for me.




So you favor ending the Bush era tax cuts for people making g $250,000? Cool, so do I
Do you favor raising taxes $2.6 trillion? Even cooler.
Do you favor a 1-1 ratio between tax increases and spending cuts? I don't, but can live with it.
Do you really favor treating capital gains and dividends as ordinary income? That's a huge hit for the rich.
How would you replace state and local governments ability to raise funds when they can no longer sell tax free bonds?
I can get behind a fifteen cent a gallonn gas tax, as they proposed. Can you?
Simpson Bowles calls for cutting all security funding by 15 percent? You support that?
Eliminating the mortgage deduction? Taxing 90% of income for social security?

It's so easy to claim a balanced budget amendment when everyone knows it will never happen.
Obama spent more money than Bush's plan called for. If Obama instead chose to spend less money than Bush's plan called for, then the deficit would have been far less. You're argument appears to be that Obama had no power to modify the 2009 spending plan, and that's simply not the case. In fact, Obama spent over $400 billion more than Bush's spending bill called for.

Quote

Originally posted by: alanleroy
Quote

Originally posted by: IndyBoilerman


That doesn't change the fact that the only person responsible for 2009 was Obama.

President Obama took office Jan 20 2009. The 2009 Fiscal Year began October 1 2008. What part of Obama had absolutely no control over Bush's spending between October 1 2008 and January 20 2009 don't you understand? That money was already gone the day he took office.


Wiki
Someday, boils might actually try to read stuff he links.
It clearly states the excess spending came from 245 billion for TARP( a Bush program) and the American Recovery Act, a Congessional initiative started before he took office.
Reading is FUNdamental.
Throw in the loss of tax revenue and you have the record deficit.
Quote

Originally posted by: billryan
Quote

Originally posted by: alanleroy
Quote

Originally posted by: billryan
Seems like Alan has more interest in playing the blame game than solving the problem.
Unfortunate!
What are you babbling about? I put the blame on Democrats AND Republican politicians. That's Bipartisan and that's just reality. I have offered my solutions many times here. You just don't pay attention. A constitutional Amendment for a balanced budget.

I also supported President Obama's Debt commission...you remember Simpson/Bowles? It offered a bi-partisan way out of this mess. Unfortunately President Obama did not stand by the recommendations of is own commission. That was a turning point for me.




So you favor ending the Bush era tax cuts for people making g $250,000? Cool, so do I
Do you favor raising taxes $2.6 trillion? Even cooler.
Do you favor a 1-1 ratio between tax increases and spending cuts? I don't, but can live with it.
Do you really favor treating capital gains and dividends as ordinary income? That's a huge hit for the rich.
How would you replace state and local governments ability to raise funds when they can no longer sell tax free bonds?
I can get behind a fifteen cent a gallonn gas tax, as they proposed. Can you?
Simpson Bowles calls for cutting all security funding by 15 percent? You support that?
Eliminating the mortgage deduction? Taxing 90% of income for social security?

It's so easy to claim a balanced budget amendment when everyone knows it will never happen.
See there's lots of stuff in Simpson/Bowles that Democrats and Republican politicians hated. That's why it was probably the best medicine for the country. The most important part of it was to establish a % of GDP limit that the Federal Government Could spend. Then they closed the gap between spending and receipts with both Tax Increases and Spending Cuts. Sounds fair to me. That's what bi-partisan commissions do....they compromise. Unfortunately, that's why President Obama ignored his own commission and why 3 Republicans on the Commission voted against the recommendations. They can't get past their own partisanship. That's how most of the posters here behave too.

As to the Constitutional Amendment for a Balanced Budget, I think these guys would all object to the level of debt our nation has accumulated in the last 16 years:


“The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” – Thomas Jefferson

“If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.” – George Washington

“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.” – Thomas Jefferson

“When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin

The real rub is that our National Debt does not even reflect unfunded future liabilities that are commitments to the American people. Our national accounting should accrue those liabilities and we should be building reserves to pay for it. We also don't account for the unprecedented expansion of the money supply and the level of financial assets acquired by the Federal Reserve over the last 3 sessions of QE. It's easier for the politicians to just ignore our debts and then deal with the chaos when it becomes a crisis.

I don't see how anyone can look at the Obama and Bush presidencies and just ignore the debt they accumulated. Virtually none of this money was invested in multi-generational projects. It was spent on current operations. It's like borrowing money to go on vacation. I hope you had a good time.

Did you notice that all those people you quoted had the benefits of slave labor. I'd imagine even the most incompetent managers can prosper under those circumstances.
Even with his slaves, Jefferson was near bankrupt on several occasions, no?
Washington was the richest man in America, from some accounts, after marriage.
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now