The special snowflake spendng is going to bonkers. Just nuts.ToddyHill said:
May I suggest you tap the brakes just a bit? To state the Boomers are responsible for this is just not plausible. For years, government bureaucrats have never ceased to spend like a drunkin' sailor. Yes, Boomers are in charge, and they can't seem to get it right when it comes to spending. But I submit, the next generation will just be as bad. We are so messed up right now.
We've been spending like crazy (both parties) and cutting taxes for top earners and corporations like crazy. All a recipe for a giant deficit.ToddyHill said:
May I suggest you tap the brakes just a bit? To state the Boomers are responsible for this is just not plausible. For years, government bureaucrats have never ceased to spend like a drunkin' sailor. Yes, Boomers are in charge, and they can't seem to get it right when it comes to spending. But I submit, the next generation will just be as bad. We are so messed up right now.
Kansas Kid said:
It is a fallacy to say they have been aggressively cutting taxes especially for corporations. It is correct that the marginal rate has come down but they eliminated a lot of loopholes and expanded the income subject to taxes. We had the worst system possible because we had low taxes collected while having a high marginal tax rate which is what is used to make decisions.
At least we are blowing out the money supply so that debt is getting cheaper. What could go wrong?FarmerJohn said:
It's the 80/20 rule. If you are broke, it's 80% spending / 20% revenue. True for your personal finances and true for government. It's like weight loss. It's 80% what you eat / 20% exercise. No matter how great you are at the 20% thing, if you don't address the 80% you won't solve the problem.
it was long before boomers little fella. and I voted for Trump, but he add $8.5 trillion and that's not on boomersFireman said:
Boomers ****ed us nine ways to Sunday.
you mean the government got bigger and more corrupt.AggieMainland said:
The rich got richer.
New Deal - WikipediaToddyHill said:
May I suggest you tap the brakes just a bit? To state the Boomers are responsible for this is just not plausible. For years, government bureaucrats have never ceased to spend like a drunkin' sailor. Yes, Boomers are in charge, and they can't seem to get it right when it comes to spending. But I submit, the next generation will just be as bad. We are so messed up right now.
THE PROBLEM IS OUR FEDERAL GOVERNMENT AND FOR THAT MATTER ALL LEVELS ARE GOVERNMENT ARE OUT OF CONTROL WITH POWER, SPENDING AND GROWING THEMSELVES.AgCPA95 said:Kansas Kid said:
It is a fallacy to say they have been aggressively cutting taxes especially for corporations. It is correct that the marginal rate has come down but they eliminated a lot of loopholes and expanded the income subject to taxes. We had the worst system possible because we had low taxes collected while having a high marginal tax rate which is what is used to make decisions.
THIS
dumbest thing ive seen on the internet today and ive seen a lot of dumb stuffFireman said:
Boomers ****ed us nine ways to Sunday.
Donald Trump is a Boomer - June 14, 1946.txaggieacct85 said:it was long before boomers little fella. and I voted for Trump, but he add $8.5 trillion and that's not on boomersFireman said:
Boomers ****ed us nine ways to Sunday.
Study history
New Deal - Wikipedia
