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  #371  
Old 05-03-2018, 08:10 PM
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Last week, you may recall, news broke that, back in April, the Speaker's office ousted congressional chaplain Fr. Pat Conroy, for a prayer that was insufficiently grounded in the Gospel According to Art Laffer.

https://www.esquire.com/news-politic...ain-un-resign/
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  #372  
Old 05-03-2018, 08:26 PM
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Originally Posted by whell View Post
Nah. Its always good see some of you realize that Roosevelt's policies lengthened the Great Depression.
If the Republicans had remained in power we'd probably still be in the Great Depression.
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  #373  
Old 05-04-2018, 02:11 PM
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Glad to see that it's all still rainbows and daisies around here.
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  #374  
Old 05-04-2018, 02:13 PM
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Originally Posted by d-ray657 View Post
Glad to see that it's all still rainbows and daisies around here.
And unicorns, don't leave them out.
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  #375  
Old 05-04-2018, 05:09 PM
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  #376  
Old 05-05-2018, 09:41 AM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by nailer View Post
If the Republicans had remained in power we'd probably still be in the Great Depression.
Good one!
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  #377  
Old 05-05-2018, 04:20 PM
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Quote:
Originally Posted by finnbow View Post
Last week, you may recall, news broke that, back in April, the Speaker's office ousted congressional chaplain Fr. Pat Conroy, for a prayer that was insufficiently grounded in the Gospel According to Art Laffer.

https://www.esquire.com/news-politic...ain-un-resign/
And for praying while Catholic, we've learned.
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  #378  
Old 05-11-2018, 11:25 AM
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Here we go again.

https://www.cnsnews.com/news/article...-3854b-deficit

The federal government collected a record $2,007,451,000,000 in total taxes through the first seven months of fiscal 2018 (October through April), but still ran a deficit for that period of $385,444,000,000, according to the Monthly Treasury Statement.

The record total federal taxes collected during this period also included a record $1,050,601,000,000 in individual income taxes—marking the earliest in any fiscal year that individual income taxes have topped $1 trillion.

But even while the Treasury was collecting its record $2,007,451,000,000 in total taxes from October through April, it was spending $2,392,896,000,000—thus, accumulating a deficit of $385,444,000,000.


If this doesn't illustrate, and quite frankly blow up, the notion that somehow supply side economics is the central culprit in amassing deficits, than nothing will. The problem is not a revenue problem. Whatever the tax policy is - maximum taxation or some implementation of supply side theory - the issue isn't how much revenue the Federal Gov't is collecting or how. The issue is how fast that revenue is going back out the door with unbridled spending.
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  #379  
Old 05-11-2018, 11:41 AM
Chicks Chicks is offline
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Quote:
Originally Posted by whell View Post
The issue is how fast that revenue is going back out the door with unbridled spending.
The real issue, of course, is that Repubes lump Social Security and Medicare, which are funded separately, in with the “unbridled spending”, so that they can threaten to do away with both essential programs. Rubes like you cheer them on.
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  #380  
Old 05-11-2018, 12:16 PM
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Quote:
Originally Posted by whell View Post
The issue is how fast that revenue is going back out the door with unbridled spending.
Maybe the GOP should have thought of that before cutting taxes by $1.5 trillion.
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