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Orange Elite [5342]
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I thought Conservatives were about fiscal responsibility
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May 23, 2025, 7:43 AM
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yeah, I 😆'd too. All that talk about spending cuts and balancing the budget is complete BS. Is there any empirical data that shows the debt/deficit performs better under Republicans that it does Dems? 😆 🤣 😂
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Paw Master [17358]
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I am conservative and fiscally responsible.
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May 23, 2025, 7:45 AM
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What is your question again?
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Clemson Icon [27579]
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Re: I am conservative and fiscally responsible.
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May 23, 2025, 7:50 AM
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He was thinking more about your cult leaders who you blindly support.
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Paw Master [17358]
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I support the lesser of two evils only by voting.
May 23, 2025, 7:54 AM
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There is no other support that I’d give to anyone in govt.
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Clemson Icon [27579]
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Re: I support the lesser of two evils only by voting.
May 23, 2025, 7:55 AM
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Okay...sure.
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Game Changer [2048]
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Orange Blooded [2543]
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Ultimate Clemson Legend [109013]
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I think his question is why don't you ever vote for people who actually
May 23, 2025, 8:26 AM
[ in reply to I am conservative and fiscally responsible. ] |
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cut spending, despite all the rhetoric.
I can answer this, but I'll hand you the mic for this one. See if you get it right.
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Paw Master [17358]
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Because those people are never on the ballot***
May 23, 2025, 2:33 PM
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Ultimate Clemson Legend [109013]
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Why are they never on the ballot?
May 23, 2025, 2:42 PM
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You'll figure it out eventually.
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All-Time Great [88814]
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Pretty clear what the question is.
May 23, 2025, 10:31 AM
[ in reply to I am conservative and fiscally responsible. ] |
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"Is there any empirical data that shows the debt/deficit performs better under Republicans that it does Dems?"
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Ultimate Clemson Legend [109013]
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The question is.......
May 23, 2025, 10:50 AM
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What party will lower the deficit and cut spending?
As I recall, in my lifetime anyway, the only time we balanced a budget in Washington was just a couple of years under Clinton, which just so happened to be the only couple of years the President could use a line item veto.
I think arguing which party is bad or worse on the debt front, ignores the bigger problem.
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TigerNet Champion [121533]
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We could easily do it today if we were not paying a trillion per year
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May 23, 2025, 3:01 PM
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in interest payments on our debt..
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Ultimate Clemson Legend [109013]
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If it could "easily" be done, it would have been done sometime in the past
May 23, 2025, 6:04 PM
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40 years.
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Paw Master [17358]
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Ultimate Tiger [35192]
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You can thank the GOP revolution in 1994 for the....
May 24, 2025, 9:04 AM
[ in reply to The question is....... ] |
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balanced budget. Clinton was dragged along and then being the great politician that he his...he adopted the issue as his own.
The Contract with America shifted the entire debate and led directly and indirectly to some real reform and a balanced budget and future surplus.
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Orange Elite [5238]
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This MAGA party's economic policy is definitely not Republican policy
May 23, 2025, 7:58 AM
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... so you're talking about a new set of data from these MAGA policies that is being collected in real time. On the short term, markets still seem incredibly volatile based on current policy decisions, both knee-jerk comments that spook/encourage investors and more intentional decisions impacting consumer confidence and the inflation rate. Long-term, the jury's still out for now, but the deficit isn't going down with this spending bill and actually seems to be growing despite the sweeping cuts to federal programs and workforce. Combined with all the new economic and social obstacles discouraging foreign investment, and that's a pretty concerning situation that could have a much more drastic and lasting impact for our grandkids.
There are still a few true Republicans out there, though. Rand Paul in Kentucky was actually out speaking about how fiscally irresponsible this new spending bill is. I heard another house member from Kentucky--Massie, a Republican--describe the bill as Congress throwing coal into the furnace of the Titanic as it heads directly toward the iceberg. So I guess there's still hope that those voices still exist in Congress, even though those voices are basically waving their hands in panic.
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Ultimate Clemson Legend [109013]
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Here's the rub. Most of the increased government spending
May 23, 2025, 9:57 AM
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and additions to our debt, since we had inflation in 2022, have been as a result of rising debt service costs. What was nice a manageable $250 billion yearly credit card bill, is now a $1.1 TRILLION credit card bill. We've added around $900 billion in NEW SPENDING, just paying our minimum balance. No new laws, programs, entitlements, military stuff, whatever, any added spending is on top of a baseline of added spending servicing the debt.
What you see happening with treasuries is a very clear (and dangerous) sign. That $1.1 Trillion is only set to increase, as is your mortgage, etc. DESPITE the other economic numbers, because the other economic numbers function on the assumption we are solvent and our debt is an asset.
Fed las lowered the funds rate a full point. Economic numbers are good. Inflation is in the 2% range. There is room to lower rates, HOWEVER......TREASURIES are staying high, and yields are STILL RISING. Meaning the cost to service governemnt debt is still RISING.
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Orange Elite [5238]
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Yeah, I was thinking about your recent posts as I was writing that.
May 23, 2025, 10:56 AM
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I'm curious if you're adjusting your personal investment strategies at all in light of what you're seeing with treasuries. I was joking with my wife last night about sewing some money into our mattress, lol -- now we just have to figure out how to sew foam.
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Ultimate Clemson Legend [109013]
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I let investment guys handle my investments. Because I realize I'm never going
May 23, 2025, 11:31 AM
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to be good finding the sweet stocks to buy as I don't generally follow hype and mania. That being said, only once in my life have I taken over my investing, and that was in 2008. In 2009 dumped it all back in middle of 2009. Saved a ton in what would have been losses.
Tempted to do the same now, but I can't judge Trump. No one can apparently.
Gold and bitcoin are the most attractive alternatives, obviously, but they're also dangerous and prone to regulation if the #### hits the fan. Commodities are always good, because erry juan gotta eat, and needs electricity, etc. Real estate? Torn on that one. Normally it's a good haven but not right now as the market is frozen.
I have a relative who recently inherited a LOT of land. Over 1,000 acres. He recently tried to sell almost all the land at $15K an acre. It sat for months and never sold. NOW, he has two small plots for sale, and is asking $22K an acre, which is insane. It won't sell. What I don't get is why he's not harvesting the timber? He can clearcut 400 acres and make more on the timber than selling any of the land. If his debt (whatever) is $800K, he can easily get that from a timber cut on a small percentage of the land. Why sell the land? Use the trees, keep the land, they will grow back.
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National Champion [8071]
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Can you post the text excerpts from the bill
May 23, 2025, 8:00 AM
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that you specifically disagree with?
I didn't think so.
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Clemson Icon [27579]
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Re: Can you post the text excerpts from the bill
May 23, 2025, 8:02 AM
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They are projected to create huge deficits. He is claiming you don't care about it.
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Orange Elite [5342]
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Re: Can you post the text excerpts from the bill
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May 23, 2025, 8:09 AM
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It's sad that you had to spell it out to the dumb@$$. 😆
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National Champion [8071]
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Re: Can you post the text excerpts from the bill
May 23, 2025, 8:10 AM
[ in reply to Re: Can you post the text excerpts from the bill ] |
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Yeah, but the devil is in the details.
I don't agree with huge deficits going forward and wish we had a balanced budget. I would like to know how the Trump Administration is justifying the spending.
What is their rationale?
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Tiger Titan [48931]
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Orange Elite [5342]
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Re: The parts that increase spending
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May 23, 2025, 8:17 AM
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I remember when the deficit was 0.5T under Obama and they were screaming that Obama was spending like a drunken sailer. Now they just quietly sit in the corner while "The Businessman" enriches himself while driving up the debt. So broken. 😆
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Tiger Titan [48931]
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They are
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May 23, 2025, 8:07 AM
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Trumpkins aren't conservatives. They're Neo Libs.
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Gridiron Giant [15550]
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Re: I thought Conservatives were about fiscal responsibility
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May 23, 2025, 8:14 AM
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Conservatism is dead.
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Top TigerNet [30805]
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Nope ... all about crushing the Communist spirit.***
May 23, 2025, 10:24 AM
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Orange Elite [5459]
TigerPulse: 44%
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It is wild how the elite have convinced the poor republicans to care more about
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May 23, 2025, 10:30 AM
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"beating the liberals" than about their own well being.
It would be impressive if it wasn't so sad to watch.
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National Champion [7893]
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Re: I thought Conservatives were about fiscal responsibility
May 23, 2025, 10:36 AM
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The same pretend Pubs who have been on here having a hissy fit about every attempt by this administration to point out and eliminate wateful and potentially fraudulent govt spending are now pretending that they are the only true believers when it comes to fiscal responsibility. Spare us your crocodile tears. Personally I'd vote for anyone who ran on cutting 20% of the fed govt spending immediately and then held spending in place until the annual deficit was eliminated and we were running surpluses. It would be a painful but necessary bit of belt tightening for sure but who exactly should I be voting for since virtually nobody in either party supports Trump even cutting a percent or two of clearly wasteful spending and kook Dem judges are doing everything in their power to force the money to be spent no matter the cause. Where are all these supposed budget hawks on the right that the board pretend Pubs want running things instead of the bad orange man?
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Orange Elite [5342]
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Re: I thought Conservatives were about fiscal responsibility
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May 23, 2025, 11:00 AM
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It's been explained to you morons that cutting foreign aid and Dept of Education was irrelevant. Why does "The Businessman suck at the nation's finances? 😆
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Asst Coach [873]
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Four years down the road....
May 23, 2025, 11:04 AM
[ in reply to Re: I thought Conservatives were about fiscal responsibility ] |
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These same " so called " conservatives on this board will be whining and crying about the next republican on the list be it Vance, DeSantis, Cruz, or any other with an R behind their name. Oh, and let's not forget about Haley, she will be mentioned I'm sure.
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Game Changer [2048]
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Haley would be amazing right now.***
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May 23, 2025, 2:03 PM
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Ring of Honor [22140]
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A rock would be amazing right now.***
May 23, 2025, 3:31 PM
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All-In [10895]
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well
May 23, 2025, 3:35 PM
[ in reply to Four years down the road.... ] |
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We have a since FDR record of Republicans not being willing to cut spending, save a couple of years with Newt where the growth in spending slowed to almost zero
While not a conservative, yes, I will also be complaining about the next iteration of Rs that have no interest in cutting spending, even after campaigning as a fiscal conservative
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National Champion [7237]
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Re: I thought Conservatives were about fiscal responsibility
May 23, 2025, 6:35 PM
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I don’t like the Big Beautiful bill. Nowhere near enough cuts in it.
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Clemson Icon [27579]
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Re: I thought Conservatives were about fiscal responsibility
May 23, 2025, 6:41 PM
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Maybe make cuts in spending and don't extend the tax cuts for the wealthy either.
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National Champion [7237]
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Re: I thought Conservatives were about fiscal responsibility
May 23, 2025, 7:14 PM
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I think the tax rate should be flat. Capital gains should be considered regular income. Everyone should pay same tax rate on all income.
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Clemson Icon [27579]
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Re: I thought Conservatives were about fiscal responsibility
May 24, 2025, 9:21 AM
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I think families bringing in under 40k shouldn't pay a dime .
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National Champion [7237]
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Re: I thought Conservatives were about fiscal responsibility
May 24, 2025, 6:03 PM
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I think every dollar earned should be taxed.
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