The Chart That Should Accompany Every Discussion of Deficits

Started by finehoe, May 20, 2011, 07:33:04 AM

NotNow

As I said, we are all entitled to our opinions...and our personal code of morals.  Neither of us know the woman in question, so her "doe eyed innocence" is speculation.  Her age and position is not.  I am not blaming Democrats.  I blame both parties, for they have been complicent in incompetence...and they still are.

Jeffrey, I agree that the chart shows that if we raise taxes, the deficit will go down.  It will do the same thing if we cut spending.  Perhaps some combination of the two?  Our "Democrats and Republicans" can't seem to solve that problem.
Deo adjuvante non timendum

futurejax

Quote from: stephendare on May 21, 2011, 10:20:16 AM
he should have vetoed the entire omnibus?

And shut the government down again?  If you remember thats how Gingrich lost power.

This is among the silliest things ive ever heard, and it boils down to 'It was Clinton's fault because he didnt have the 'stones' to stop the Republicans from destroying the country with their greedy, thermonuclear economic policies'

Its a shame that in hindsight you are correct.  It would have been better to shut the entire government down and go home than it would have been to allow the republicans to have their way with the economy.

Or again, MAYBE he agreed with the acts being repealed.  Who was his secretary of treasury?  Hmm, Robert Rubin.  I think he worked at, oh yeah, Goldman Sachs.  But I'm sure he didn't hold any influence with the President regarding financial policy.

futurejax

Quote from: stephendare on May 21, 2011, 11:41:32 AM
Quote from: futurejax on May 21, 2011, 11:29:21 AM
Quote from: stephendare on May 21, 2011, 10:20:16 AM
he should have vetoed the entire omnibus?

And shut the government down again?  If you remember thats how Gingrich lost power.

This is among the silliest things ive ever heard, and it boils down to 'It was Clinton's fault because he didnt have the 'stones' to stop the Republicans from destroying the country with their greedy, thermonuclear economic policies'

Its a shame that in hindsight you are correct.  It would have been better to shut the entire government down and go home than it would have been to allow the republicans to have their way with the economy.

Or again, MAYBE he agreed with the acts being repealed.  Who was his secretary of treasury?  Hmm, Robert Rubin.  I think he worked at, oh yeah, Goldman Sachs.  But I'm sure he didn't hold any influence with the President regarding financial policy.

Lets apply occams razor here:

Possibility 1.
The republicans and the republican majority congress that wrote, supported and passed the bill are responsible for the bill.

Possibility 2.
The republicans and the republican majority congress that wrote, supported and passed the bill are not responsible for the bill, because Clinton could have shut down the government by vetoing the budget omnibus, and might possibly have been prevented from doing so because Rubin, a member of his cabinet worked for Goldman Sachs, a company that ended up profitting greatly from the W. Bush Bailout.

hmm.

Applying occams razor:
http://en.wikipedia.org/wiki/Occam%27s_razor
Quote
Occam's razor (or Ockham's razor, often expressed in Latin as the lex parsimoniae, translating to law of parsimony, law of economy or law of succinctness, is a principle that generally recommends selecting the competing hypothesis that makes the fewest new assumptions, when the hypotheses are equal in other respects. For instance, they must both sufficiently explain available data in the first place.

Option 1 is clearly more likely.

you're dodging

JeffreyS

Quote from: NotNow on May 21, 2011, 11:06:10 AM
As I said, we are all entitled to our opinions...and our personal code of morals.  Neither of us know the woman in question, so her "doe eyed innocence" is speculation.  Her age and position is not.  I am not blaming Democrats.  I blame both parties, for they have been complicent in incompetence...and they still are.

Jeffrey, I agree that the chart shows that if we raise taxes, the deficit will go down.  It will do the same thing if we cut spending.  Perhaps some combination of the two?  Our "Democrats and Republicans" can't seem to solve that problem.

Agree with your entire post.
I like the presidential commissions plan that both parties want to ignore.
Lenny Smash

FayeforCure

Quote from: stephendare on May 21, 2011, 11:41:32 AM
Quote from: futurejax on May 21, 2011, 11:29:21 AM
Quote from: stephendare on May 21, 2011, 10:20:16 AM
he should have vetoed the entire omnibus?

And shut the government down again?  If you remember thats how Gingrich lost power.

This is among the silliest things ive ever heard, and it boils down to 'It was Clinton's fault because he didnt have the 'stones' to stop the Republicans from destroying the country with their greedy, thermonuclear economic policies'

Its a shame that in hindsight you are correct.  It would have been better to shut the entire government down and go home than it would have been to allow the republicans to have their way with the economy.

Or again, MAYBE he agreed with the acts being repealed.  Who was his secretary of treasury?  Hmm, Robert Rubin.  I think he worked at, oh yeah, Goldman Sachs.  But I'm sure he didn't hold any influence with the President regarding financial policy.

Lets apply occams razor here:

Possibility 1.
The republicans and the republican majority congress that wrote, supported and passed the bill are responsible for the bill.

Possibility 2.
The republicans and the republican majority congress that wrote, supported and passed the bill are not responsible for the bill, because Clinton could have shut down the government by vetoing the budget omnibus, and might possibly have been prevented from doing so because Rubin, a member of his cabinet worked for Goldman Sachs, a company that ended up profitting greatly from the W. Bush Bailout.

hmm.

Applying occams razor:
http://en.wikipedia.org/wiki/Occam%27s_razor
Quote
Occam's razor (or Ockham's razor, often expressed in Latin as the lex parsimoniae, translating to law of parsimony, law of economy or law of succinctness, is a principle that generally recommends selecting the competing hypothesis that makes the fewest new assumptions, when the hypotheses are equal in other respects. For instance, they must both sufficiently explain available data in the first place.

Option 1 is clearly more likely.

+1000

What party keeps voting for ever larger deficits?

The Republicans Party!

Look at the chart that started this thread: the Bush tax cuts while we were waging two wars are the most foolish deficit producing measures concocted and voted for primarily by Republicans!!

The Bush wars wre also a creation of Bush...............the most destructive President we ever had.

And Republicans fixation on Clinton's blow-job shows how they are the masters of the politics of distraction, while engaging in their destructive behavior.

The Republican party is all about emotions, whether it is abortion, sex, fear, hatred and often even pure recism. But to look the cause of the deficits straight in the eye?

Oh, no, that would mean they have to leave their fantasy land filled with emotions.

Obama's choice to extend the Bush tax cuts was equally destructive. But Democrats can never win in trickle down fantasy land anyway.
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
Basic American bi-partisan tradition: Dwight Eisenhower and Harry Truman were honorary chairmen of Planned Parenthood

Jdog

Trillions and trillions and trillions into the military industrial complex over the years...large tax cuts and low tax rates by historical standards...Presto we did it: No more money for social programs!   


ChriswUfGator