Trump families jet-setting costing us a fortune.

Simpson-Bowles was a non starter that no one took serious at the time. It took away the mortgage deductions, raised gas taxes,and was a joke then and is a joke now. Of course, when you compare it to the penny plan, it looks like genius.

Still, no conservatives have stepped forward to discuss their tacit approval of Trump’s lavish travel spending on the taxpayer dime. Yet they spent years whining about Obama’s travel expenses which look miserly now. Is there not one honest conservative at the LVA?
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Originally posted by: billryan
Simpson-Bowles was a non starter that no one took serious at the time. It took away the mortgage deductions, raised gas taxes,and was a joke then and is a joke now. Of course, when you compare it to the penny plan, it looks like genius.
8 of 14 on the bipartisan committee favored it. Maybe you think it was a joke because our top political leadership has been a joke on fiscal responsibility for 16 years. It's always a joke until the bills come due.

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Originally posted by: malibber2
Still, no conservatives have stepped forward to discuss their tacit approval of Trump’s lavish travel spending on the taxpayer dime. Yet they spent years whining about Obama’s travel expenses which look miserly now. Is there not one honest conservative at the LVA?
I complained about the NUMBER of Vacation days Obama felt entitled to. I never complained about the cost. I don't think Trump has had a vacation yet. He's a workaholic. But if I had complained about the cost, I might now be inclined to point out that the billion dollars Trump probably saved on the new Air Force One his first day in office pays for any extra travel expense. Of course I don't consider myself a 'conservative', so I'm probably not your target audience.


Far better than doing nothing and bleeding deficits indefinitely would be across the board cuts.


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Originally posted by: DonDiego
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Originally posted by: alanleroy
There was no equivalent of the 'Louisiana Purchase' investment made with the 13 Trillion of Debt our last two administrations racked up. Where did all the money go?

So, . . . like, . . . what should be cut ?




There's never been an economic recession in history that was resolved by austerity. Ask Herbert Hoover how that goes. Or Europe in the short term wake of 2009.

Balanced Budget amendments are a sure way to sink the country during hard times. We should run deficits during recessions and run surpluses during recoveries. The problem we have now is that we have huge deficits during recessions and smaller deficits during recovery.
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Originally posted by: alanleroy
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Originally posted by: billryan
Simpson-Bowles was a non starter that no one took serious at the time. It took away the mortgage deductions, raised gas taxes,and was a joke then and is a joke now. Of course, when you compare it to the penny plan, it looks like genius.
8 of 14 on the bipartisan committee favored it. Maybe you think it was a joke because our top political leadership has been a joke on fiscal responsibility for 16 years. It's always a joke until the bills come due.


So when is the bill due?
Seven years ago, all we read here is the policies were going to lead to hyperinflation and the collapse of the economy.
Take a couple Xanax, bil. Will do us all a lot of good.
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Originally posted by: chafraho
Take a couple Xanax, bil. Will do us all a lot of good.
That is quite an astute observation. Xanax is a medication which actually provides relief to everyone nearby the afflicted individual.

DonDiego would also recommend Beano.

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Originally posted by: pjstroh
There's never been an economic recession in history that was resolved by austerity. Ask Herbert Hoover how that goes. Or Europe in the short term wake of 2009.

Balanced Budget amendments are a sure way to sink the country during hard times. We should run deficits during recessions and run surpluses during recoveries. The problem we have now is that we have huge deficits during recessions and smaller deficits during recovery.
Pfffft. Most flavors of Balanced Budget Constitutional Amendments allow for deficit spending during times of war and recession as long as a super majority of congress agrees to it. It doesn't make deficits impossible...just a lot harder. The problem there is no political will when politicians can spend money that doesn't have to be paid back by their generation. The 'Great Recession' ended in June of 2009. Before any of President Obama's massive deficits (8 of the top 10 all time) were recorded.

Many plans require the Federal Reserve to grow the money supply at a constant rate or via transparent computer model. That's a good idea too.

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