tag:blogger.com,1999:blog-6616959642391988608.post5478003898618246742..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Washington needs to control spending, not raise tax ratesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-59399748082847132832012-12-13T12:26:42.867-08:002012-12-13T12:26:42.867-08:00"They like deficits, it allows them to try to..."They like deficits, it allows them to try to cut programs they don't like. <br /><br />That's why W Bush flushed the surplus that Clinton left him."<br /><br />A)The Clinton surplus was phony. The debt increased every single yr of the Clinton presidency. However, the budget was closer to balance in the last few yrs of the 90's than it has been since.<br /><br />B)Clinton Paulhttps://www.blogger.com/profile/06843411100678811292noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39598653553619836572012-12-13T10:58:58.505-08:002012-12-13T10:58:58.505-08:00William,
Look at the Private Savings during the sa...William,<br />Look at the Private Savings during the same time.<br />Government spending = gross private savings.<br />It matches dollar for dollar.<br />http://research.stlouisfed.org/fredgraph.png?g=dLS<br /><br /> netbackerhttps://www.blogger.com/profile/00216448466948034808noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-61171172350061069722012-12-13T10:57:03.319-08:002012-12-13T10:57:03.319-08:00This comment has been removed by the author.netbackerhttps://www.blogger.com/profile/00216448466948034808noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59592956863330784402012-12-13T07:35:45.357-08:002012-12-13T07:35:45.357-08:00Republicans don't really care about deficits. ...Republicans don't really care about deficits. They like deficits, it allows them to try to cut programs they don't like. <br /><br />That's why W Bush flushed the surplus that Clinton left him. If you are a republican, God forbid that people could ever be allowed to believe government can be made to work.<br /><br />And we can't cut defense because "scary things & bad bt1138https://www.blogger.com/profile/12843326237379459791noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-11938755996112307212012-12-13T04:42:58.269-08:002012-12-13T04:42:58.269-08:00Look how the trajectory of government spending acc...Look how the trajectory of government spending accelerated upward during the Bush II 8 years from 2000 - 2008 - before the Great Recession hit us.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-52478844608646434782012-12-12T23:09:03.288-08:002012-12-12T23:09:03.288-08:00Government deficits = private sector surplus.
http...Government deficits = private sector surplus.<br />https://lh4.googleusercontent.com/-vP9ug7SucnE/UMaM_ZlWoQI/AAAAAAAAAjw/w6xvQ3E9W4I/s842/Private+Sector+Surplus+offsets+Government+Deficit.jpgnetbackerhttps://www.blogger.com/profile/00216448466948034808noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88995792013249170362012-12-12T23:05:59.742-08:002012-12-12T23:05:59.742-08:00Since when has the US federal government become re...Since when has the US federal government become revenue constrained? Every dollar taxed is a dollar removed from the economy, it could have been someone else's income in the private sector. <br />You want to cut spending by reducing the number of people employed? Don't these government employees spend money into the economy? How does increasing the unemployment by reducing federal netbackerhttps://www.blogger.com/profile/00216448466948034808noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50356445949774357302012-12-12T22:58:43.734-08:002012-12-12T22:58:43.734-08:00Gloeschi-
It is sad when you see GOP'ers sudd...Gloeschi-<br /><br />It is sad when you see GOP'ers suddenly become Keynesians, and speak about the job losses associated with cuts in federal spending. Defense spending, that is.<br /><br />They should leave that nonsense to the Dems.<br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41947872700544063542012-12-12T19:05:40.283-08:002012-12-12T19:05:40.283-08:00What? Defense? Oh no, that would hurt employment i...What? Defense? Oh no, that would hurt employment in battle-ground states like Florida. [Suddenly, government spending is gooood and creates jobs]. And it would hurt private-equity investments in defense companies by Carlyle (where luminaries such as James Baker are making big bucks). Don't ruin my IRR, bro. Rather cut off those food stamps - it's getting annoying. Gloeschihttps://www.blogger.com/profile/10705125909506053628noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48107353181427596662012-12-12T17:49:39.150-08:002012-12-12T17:49:39.150-08:00My only complaint about this post is that I actual...My only complaint about this post is that I actually want tax cuts, not the status quo.<br /><br />To cut income taxes, we need to reduce agency spending.<br /><br />Below is list of federal agencies by employment. It gives you ad idea of what to cut.<br /><br />Federal Employment By Agency<br /><br />Defense 772,601<br />VA 304,665<br />Homeland Security 183,455<br />Justice 117,916<br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com