(11-08-2017 12:56 PM)Redwingtom Wrote: (11-08-2017 12:44 PM)UofMstateU Wrote: (11-08-2017 12:40 PM)Redwingtom Wrote: (11-08-2017 12:21 PM)Attackcoog Wrote: CBO never considers growth in their projections. That said, CBO also never considers recessions. They are also horrible at their jobs. They completely blew the prediction on Obamacare. Seeing as they always show huge overruns for Repubican bills using silly assumptions (like people who choose not to buy insurance are "losing" insurance) and underestimate the cost of Democrat bills---I dont think they are the unbiased non-partisan body they are represented as being.
https://www.forbes.com/sites/theapotheca...791a5b46a7
Big. Hairy. Deal. If they're off by .7 trillion, this would still add a trillion dollars to the debt.
There is just no evidence anywhere that a tax cut will magically spur growth to offset even as "little" as 1 trillion!
This holds equal weight as proof. Sorry.
So, you don’t know much about history either?
Sorry.
And it is funny to see leftists now moan about even clearly flawed methodology like the now useless CBO, suggesting “all things remaining equal” (which, of course they NEVER do), May produce as much as a trillion dollars in new debt...
Over TEN years. Ten. One trillion.
zerO started with around 9 trillion on the books from the prior 230+ years of American history, and left us with double or more than double that, nearly 20 trillion in just 8 years. That’s right, adding on average of more than trillion each and every year. For eight freaking years, now one trillion over ten is an issue?!?
Y’all just nekkit hypocrites and embarrass yourselves making, or attempting to make ANY kind of argument along these lines to try and keep the people from keeping more of their hard earned money in their families.
Where were you from ‘09-‘16 complaining? Oh yea, nowhere. Trillion* dollar deficits added each year didn’t matte one whit, even when the American people got next to nothing for them.
You remember shovel ready jobs? Infrastructure rebuilding? Healing the planet and ceasing the rising oceans?
Yea, me too. I remember cause NONE of that folly ever happened and we STILL got to pay for it. Now you all care about fiscal responsibility and budgets being passed. Not a peep for nearly a decade.
I’m actually embarrassed for you.