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12-30-2017, 09:26 AM
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#61
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
It say nothing in the Constitution that we go broke funding a standing military.
In fact this concept of this huge expense of a standing military came about in the 1950's and was wtf Ike warned us about with his ''Vast military industrial complex '' speech.
Your dumbass has taken that to mean we can morally transfer taxpayer funds to the benefit of that vast industrial complex. You have retired Generals lobbying for the Defense contractors who make over 100k a year in taxpayer funded benefits while they lobby for taxpayers to spend more and more on Defense , it is a vicious cycle scared little girls like you will not speak out against.
People like JDCornhole who used the military not to defend this country but to get an free education and is still one of the dumbest SOB I've ever seen post. Total waste of taxpayers money.
I'm not against the military, I'm against buying off the military vote. That is all Trump has done with his increase spending on the military. It has become just another welfare program.
True patriots would need no bribes to defend their country. We should have a draft where everyone serves and then everyone get free healthcare so you have healthy people to call back to service if you are in a war.
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The military didn’t hand us 100 trillion in unfunded liabilities. That’s not in the constitution either. That’s immoral. You dumbass.
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12-30-2017, 09:28 AM
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#62
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by bambino
The middle class has been eroding for years. The tax cut is the step in the right direction. How so? Time will tell if more manufacturing jobs and other sectors will increase hiring. But the outlook is better than it has in a long time. BTW, nice ass
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No history will tell you that manufacturing jobs are not coming back. You can wait all you want on more Coal jobs or steel jobs. Trump lied.
Dumb ass bitches that sit around saying "Time will tell if tax cuts to the wealthy , help the middle class" are village idiots. "Time will tell if manufacturing jobs are coming back" Village idiot.
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12-30-2017, 09:38 AM
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#63
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by bambino
The military didn’t hand us 100 trillion in unfunded liabilities. That’s not in the constitution either. That’s immoral. You dumbass.
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those are future liabilities that can be canceled and will be if there is no money. It is called Empire Collapse.
Military spending handed us this 20 Trillion dollar present liability. It can not be cancelled.
A brief explanation on how this came about.
LexusLiar's generation paid for their parents SS/Medicare with payroll taxes when there were fewer retirees than workers by a long shot and they did not live as long. This created a surplus.
They did not make adjustments for when the retirees would exceed the workers and the retirees are living longer.
They then took the extra money (Reagan) they should have been saving and spent it on military toys.
So they actually set up a system where they underpaid what their actual cost would be. Spent any surplus money they had on toys and now want future generation to sacrifice for their short sightedness.
This generation of retirees is the most wanted their cake and to eat it too.
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12-30-2017, 11:31 AM
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#64
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
No history will tell you that manufacturing jobs are not coming back. You can wait all you want on more Coal jobs or steel jobs. Trump lied.
Dumb ass bitches that sit around saying "Time will tell if tax cuts to the wealthy , help the middle class" are village idiots. "Time will tell if manufacturing jobs are coming back" Village idiot.
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You are indeed a Village Idiot:
https://investorplace.com/2017/01/10...o-america/amp/
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12-30-2017, 11:37 AM
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#65
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
those are future liabilities that can be canceled and will be if there is no money. It is called Empire Collapse.
Military spending handed us this 20 Trillion dollar present liability. It can not be cancelled.
A brief explanation on how this came about.
LexusLiar's generation paid for their parents SS/Medicare with payroll taxes when there were fewer retirees than workers by a long shot and they did not live as long. This created a surplus.
They did not make adjustments for when the retirees would exceed the workers and the retirees are living longer.
They then took the extra money (Reagan) they should have been saving and spent it on military toys.
So they actually set up a system where they underpaid what their actual cost would be. Spent any surplus money they had on toys and now want future generation to sacrifice for their short sightedness.
This generation of retirees is the most wanted their cake and to eat it too.
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God you’re fucking stupid. You just made my point. If the country defaults on the debt it’s because of UNFUNDED liabilities, not the military. VILLAGE IDIOT.
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12-30-2017, 02:24 PM
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#66
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by bambino
God you’re fucking stupid. You just made my point. If the country defaults on the debt it’s because of UNFUNDED liabilities, not the military. VILLAGE IDIOT.
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Holy Fuck....
The nation has not incurred the debt of unfunded liabilities as of yet.
It has incurred the debt of 20 Trillion dollars, the majority of which is from Defense spending.
So follow along.
If it decides not to pay it's unfunded liabilities like SS and Medicare.....it would have a nation of pissed off citizens but it would not be in default with any other nation that had bought our debt. The dollar would still survive.
If it defaults on its current debt payments, then you have a currency problem. You turn into Venezuela. The dollar would be at a huge risk.
You are not living in reality shit for brains. People like you think there will not be a revolt if you stop paying retirement benefits and continue with a bloated Defense budget bigger than almost the entire world combined.
In summary....both entitlements and Defense spending need to be reduced. Taxes probably need to be raised, especially in this economic climate.
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12-30-2017, 02:28 PM
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#67
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by dilbert firestorm
the cartoon is misleading. a proposed budget is not the same thing as the spending budget. This is the Obama budget.
This is the proposed 2018 Trump budget.
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Do you see how much the military makes up of the budget? 59% plus another 7% with the VA.
Yet Budman and bambino think there are no cuts that can be made to Defense....when it makes up over 66% of the Budget!
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12-30-2017, 02:40 PM
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#68
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Back on topic...smart GOP congressman voted aganist this stupi tax cut mainly for the wealthy bill.
http://www.factandmyth.com/taxes/tax...crease-revenue
Correlating Tax Increases and Decreases with Revenue
By conveniently pointing to places where tax cuts were enacted at or around the time of a recovery or boom, tax cut advocates argue that tax cuts increase revenue. The problem with this is that the revenue increases following the Bush and Reagan tax cuts are dwarfed by the revenue increase following Bill Clinton’s tax increase on the wealthiest Americans. In fact, as a percentage of GDP, post-Reagan & Bush tax cut revenue falls below the 1965-2005 average. In other words, revenue increased because the economy was recovering/growing, and the tax cuts have little (probably nothing) to do with growth in GDP. if anything, these tax cuts actually lowered revenue increased from what they would have been otherwise. So the real question to ask is this: how much revenue did these tax cuts cost us? See Historical Tax Rates.
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12-30-2017, 03:12 PM
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#69
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
Do you see how much the military makes up of the budget? 59% plus another 7% with the VA.
Yet Budman and bambino think there are no cuts that can be made to Defense....when it makes up over 66% of the Budget!
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So, you want to cut benefits to veterans? Why not do this VI(village idiot) get rid of the military altogether. Sell the assets to China or whoever. Have a garage sale. Cut all military personnel loose. They need to find work elsewhere. Take the savings and pay down the debt. Guess what? There’s still a 100 trillion in UNFUNDED liabilities.
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12-30-2017, 03:47 PM
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#70
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
Holy Fuck....
The nation has not incurred the debt of unfunded liabilities as of yet.
It has incurred the debt of 20 Trillion dollars, the majority of which is from Defense spending.
So follow along.
If it decides not to pay it's unfunded liabilities like SS and Medicare.....it would have a nation of pissed off citizens but it would not be in default with any other nation that had bought our debt. The dollar would still survive.
If it defaults on its current debt payments, then you have a currency problem. You turn into Venezuela. The dollar would be at a huge risk.
You are not living in reality shit for brains. People like you think there will not be a revolt if you stop paying retirement benefits and continue with a bloated Defense budget bigger than almost the entire world combined.
In summary....both entitlements and Defense spending need to be reduced. Taxes probably need to be raised, especially in this economic climate.
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Point to something reliable that states the military is responsible for most of the $20 trillion debt.
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12-30-2017, 03:49 PM
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#71
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
Do you see how much the military makes up of the budget? 59% plus another 7% with the VA.
Yet Budman and bambino think there are no cuts that can be made to Defense....when it makes up over 66% of the Budget!
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http://www.politifact.com/truth-o-me...g-internet-mi/
When you throw in entitlements the military accounts for 16% of government spending, entitlements 51%.
http://www.politifact.com/truth-o-me...g-internet-mi/
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12-30-2017, 03:56 PM
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#72
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Premium Access
Join Date: Jan 9, 2010
Location: Nuclear Wasteland BBS, New Orleans, LA, USA
Posts: 31,921
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Quote:
Originally Posted by dilbert firestorm
the cartoon is misleading. a proposed budget is not the same thing as the spending budget. This is the Obama budget.
This is the proposed 2018 Trump budget.
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Quote:
Originally Posted by dilbert firestorm
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Quote:
Originally Posted by WTF
Do you see how much the military makes up of the budget? 59% plus another 7% with the VA.
Yet Budman and bambino think there are no cuts that can be made to Defense....when it makes up over 66% of the Budget!
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I never thought I'd say this, but you're an idiot for saying that this is the budget they're going with. it is not. It is a proposed budget. the 2018 budget isn't set in stone. You also conveniently ignored a following post on the projected spending chart for 2018 which differed a good deal from the proposed budget.
in fact Obama did the same thing!!! below is Obama's 4 proposed budget he made during his term. the terms of his budget proposal changed quite a bit
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12-30-2017, 04:01 PM
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#73
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by WTF
Holy Fuck....
The nation has not incurred the debt of unfunded liabilities as of yet.
It has incurred the debt of 20 Trillion dollars, the majority of which is from Defense spending.
So follow along.
If it decides not to pay it's unfunded liabilities like SS and Medicare.....it would have a nation of pissed off citizens but it would not be in default with any other nation that had bought our debt. The dollar would still survive.
If it defaults on its current debt payments, then you have a currency problem. You turn into Venezuela. The dollar would be at a huge risk.
You are not living in reality shit for brains. People like you think there will not be a revolt if you stop paying retirement benefits and continue with a bloated Defense budget bigger than almost the entire world combined.
In summary....both entitlements and Defense spending need to be reduced. Taxes probably need to be raised, especially in this economic climate.
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Now follow along asshole, entitlements are indeed included in the national debt:
What Goes into the Current National Debt?
As indicated above, debt is the net accumulation of budget deficits. It is important to look at the top expenses, as they constitute the major factors of national debt. The top expenses in the U.S. are identified as follows (based on the Federal Budget 2016 Total Outlay Figures):
Healthcare Programs (includes Medicare & Medicaid): A total of $1.1 trillion (USD) is allocated to healthcare benefit programs, which includes Medicare and Medicaid.
Social Security Program/Pensions: Aimed at providing financial security to the retired, the total Social Security and other expenditures are $1 trillion.
Defense Budget Expenses: The portion of national budget which is allocated for military related expenditures. Currently, $1.1 trillion is earmarked for the U.S. Defense Budget.
Others: Transportation, veteran benefits, international affairs, education and training, etc. are also expenses the government has to take care of. Interestingly, the common public belief is that spending on international affairs consumes a lot of resources and expenses, but in truth, such expenditures lie within the lower rung in the list.
Read more: The National Debt Explained | Investopedia https://www.investopedia.com/updates...#ixzz52mvQFoNR
Follow us: Investopedia on Facebook
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12-30-2017, 04:19 PM
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#74
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Premium Access
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,496
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Quote:
Originally Posted by bambino
Point to something reliable that states the military is responsible for most of the $20 trillion debt.
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He can't. This is the most disingenuous argument he makes. He attributes all of our borrowing to a single item in the federal budget. I could just as logically say the entire national debt is due to out-of-control entitlement spending. Anyone can choose whatever part of the budget they oppose and claim it drives all of our debt. Just say "... but for spending on x, we could have balanced the budget." That's why his argument is so absurd.
A proper analysis would go something like this - the national debt has gone up by $19 trillion since 1980. Defense outlays have accounted for 15% of total federal spending over the same period. Ergo, 15% of the growth in the national debt (less than $3 trillion) is attributable to defense spending.
But that approach would be too rational for snitchy. He wants to whip up anti-military fervor, so he heaps 100% of the debt problem on 15% of the budget.
He has knowingly repeated a host of other falsehoods in this thread. I've corrected them all many times in the past. I haven't jumped in this time because I am out of patience. He will continue to spew the same nonsense over and over again no matter how many times I prove him wrong.
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12-30-2017, 04:31 PM
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#75
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 41,750
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Quote:
Originally Posted by lustylad
He can't. This is the most disingenuous argument he makes. He attributes all of our borrowing to a single item in the federal budget. I could just as logically say the entire national debt is due to out-of-control entitlement spending. Anyone can choose whatever part of the budget they oppose and claim it drives all of our debt. Just say "... but for spending on x, we could have balanced the budget." That's why his argument is so absurd.
A proper analysis would go something like this - the national debt has gone up by $19 trillion since 1980. Defense outlays have accounted for 15% of total federal spending over the same period. Ergo, 15% of the growth in the national debt (less than $3 trillion) is attributable to defense spending.
But that approach would be too rational for snitchy. He wants to whip up anti-military fervor, so he heaps 100% of the debt problem on 15% of the budget.
He has knowingly repeated a host of other falsehoods in this thread. I've corrected them all many times in the past. I haven't jumped in this time because I am out of patience. He will continue to spew the same nonsense over and over again no matter how many times I prove him wrong.
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Like I said, he’s like a dog chasing his tail, but the dog is smarter. But I think he realized that’s he’s been thoroughly trashed in this thread so he wanted to get back to his original topic.
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