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boondoggle and enacted it for re election. He’s a fraud.

In RETROSPECT, I do wish he'd resisted all that crazy shit the media, the Dems and our federal health bureaucrats forced upon us.

But those who objected at that time were mass mislabeled murderers.

Hell... there were posters here whose OCD on COVID prevention was HYSTERICAL!

And the Dems took maximum advantage from the pubic panic over the COVID crisis.

Both Biden's and Trump's spending excesses were enacted by a Dem Congress.

But Biden has continued this insane spending well after the COVID crisis.

And it wasn’t just D’s in Congress. It was R’s as well. Your excuses are pitiful. He should have made them exercise the restraint you give him credit for. He didn’t. He was prez, not Biden and spent double.

Also in their study, 77% spending under Trump were bipartisan spending, supported by both sides. Only 22% spending under Biden were bipartisan.

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The only fiscally responsible party is the Libertarian Party. You voting for them this time around?

But the billionaires got their tax cut.

in Government...from the article...
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Why don't Libertarians win elections? Because they don't want to. Let that sink in. Then let me explain what I mean.

When you look at typical Republican or Democratic candidates, you see men and women who have a burning desire for public service. Most have a long history of public engagement, often going back to their school years. They attend city council meetings, serve on school boards, intern with legislators, run and win in hometown elections.
They enjoy the political process and take advantage of every civic opportunity available to them. When it comes time to run for higher office, they have a solid resume full of accomplishments and experience and a wide network of contacts and supporters enabling them to raise money and mount a campaign.

But when you look at the typical Libertarian candidate, you see something quite different. Most seem to hate politics and rant about the corrupt "system." They often show no interest in government or public service until they suddenly decide to run for office.

hat means they have little or no political experience, few contacts, and no practical means of raising money. And what offices do they seek? President. Governor. U.S. Senate. Positions that are ridiculously out of reach.

To make matters worse, many Libertarian candidates lack the social skills necessary to garner support. They'll debate you all day long, but fail to recognize the difference between argument and persuasion, which is the key to winning any election. Voters cast their ballots for people they "like," not just for those they think are "right."
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Libertarians are great at finding fault with both sides of the political spectrum, but they won't roll up their sleeves and work with others to make progress.


Link: https://www.buckeyefirearms.org/why-libertarians-dont-win-elections

...from the attached article...
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Fiscal policy in the postwar era

In the 34 years after 1946, the federal debt declined from 106 percent of gross domestic product (GDP) to just 25 percent, despite the federal government’s running deficits in 26 of those years. The debt ratio declined for two reasons. First, the government ran a “primary,” or noninterest, surplus in a large majority of those years. This means that, not counting interest payments, the budget was in surplus. Second, the economic growth rate exceeded the Treasury interest rate in a large majority of those years. These two factors—along with the starting debt ratio—are the levers that control debt ratio sustainability.7 With a primary balance, the growth rate need only match the Treasury interest rate for the debt ratio to be stable. The presence of both primary surpluses and growth rates that exceeded the Treasury interest rate created significant downward pressure on the debt ratio.8

The nation’s fiscal pictured changed in 1981 when President Ronald Reagan enacted the largest tax cut in U.S. history,9 reducing revenues by the equivalent of $19 trillion over a decade in today’s terms. Although Congress raised taxes10 in many of the subsequent years of the Reagan administration to claw back close to half the revenue loss,11 the equivalent of $10 trillion of the president’s 1981 tax cut remained.

These massive tax cuts set off more than a decade of bipartisan efforts to reduce spending and increase revenues, which, along with a booming economy, resulted in budget surpluses at the end of the Clinton administration.

The underlying fiscal result of Clinton-era policy—having, at the very least, a primary surplus and a declining debt ratio—was projected to persist indefinitely until the Bush tax cuts were made permanent. The Congressional Budget Office’s (CBO’s) last long-term budget outlook before those tax cuts were largely permanently extended15 projected that revenues would be higher than noninterest spending for each of the 65 years that its extended baseline covered.16 In other words, right up until before the Bush tax cuts were made permanent, the CBO was projecting that, even with an aging population and ever-growing health care costs, revenues were nonetheless expected to keep up with program costs. However, in the next year, that was no longer the case.17 As a result of the massive tax cut, the CBO projected that revenues would no longer keep up due to being cut so drastically and, as a result, the debt ratio would rise indefinitely.
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Sure helps explain why the Greediest among us (GOP 'Benefactors') are doing very well, thank you...but not the rest of us...or the country fpr that matter.


Link: https://www.americanprogress.org/article/tax-cuts-are-primarily-responsible-for-the-increasing-debt-ratio/

GOP is little more restrained and throws tax cuts on top of the free spending, impacting revenue as well. Neither want to go near the big elephant of entitlements. Curls is full of shit on this issue.

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...certainly didn't need that increase in Debt.

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