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Old 08-03-2022, 02:22 PM
 
Location: Southeast US
8,609 posts, read 2,309,649 times
Reputation: 2114

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from 1929 (max available) until WWII, the Federal Government never exceeded > 10% of GDP. Yes, this includes the Great Depression.

https://fred.stlouisfed.org/series/FYONGDA188S

Then we figured 15-20% was an acceptable amount apparently until 1979. Then, no more than 22% until halfway through Clinton. Then we got serious, and "cut" spending below 20% until the 2008 Recession. We eventually (6 years later) got it back to about 20% of GDP. Deficit spending kind of went about the same - very small deficits, then up, then a little decrease, then up for 2009.

I mean, can you imagine in 1980 our entire debt over ~200 years as a country is what our average deficit each year will be?
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Old 08-03-2022, 04:01 PM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595
Quote:
Originally Posted by Eyebee Teepee View Post
Gaslighting again.
Breaking news: Adults includes registered voters. As I pointed out to you from page 22 of your own link, they had a table with a sub-category listing registered voters (and a separate column with non-registered voters). It would appear you never bothered looking at page 22.
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Old 08-04-2022, 02:09 AM
 
Location: Tyler, TX
23,861 posts, read 24,115,793 times
Reputation: 15135
New, more accurate title: "The IRS Weaponization Act of 2022"
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Old 08-04-2022, 07:39 PM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595
Quote:
Originally Posted by James Bond 007 View Post
... the Socialist Utopia is at hand! ...
It's gonna happen!!!

Sinema says she will 'move forward' on economic bill, giving Democrats the votes to move ahead
Quote:
Sen. Kyrsten Sinema has agreed to support the Democrats' economic bill, the clearest sign yet that Democrats will have 50 votes and be able to pass it by the end of the weekend.

In a statement, Sinema indicated that she won several changes to the tax provisions of the legislation, including removing the tax on carried interest, which would have impacted hedge fund managers and private equity. That proposal would have raised $14 billion.

"We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate's budget reconciliation legislation," Sinema said. "Subject to the Parliamentarian's review, I'll move forward."
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Old 08-04-2022, 07:55 PM
 
Location: Long Island
32,816 posts, read 19,488,320 times
Reputation: 9618
Quote:
Originally Posted by James Bond 007 View Post
I really wish the democrats would at least call bills what they are... its the "more spending, higher inflation, higher taxes, screw the middleclass with the IRS bill"
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Old 08-04-2022, 08:02 PM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595
I think they should call it "The Love, Sunshine and Happiness Act of 2022."
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Old 08-04-2022, 08:06 PM
 
Location: Long Island
32,816 posts, read 19,488,320 times
Reputation: 9618
Quote:
Originally Posted by James Bond 007 View Post
I think they should call it "The Love, Sunshine and Happiness Act of 2022."
your forget two things


"The Love, Sunshine, Unicorns, Magic Mushrooms and Happiness Act of 2022."
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Old 08-04-2022, 08:09 PM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595
Or better yet, "The Good Morning Starshine Act of 2022."

After all, the song perfectly encapsulates the jubilation of democrats on the news.

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Old 08-04-2022, 08:17 PM
Status: "Apparently the worst poster on CD" (set 29 days ago)
 
27,650 posts, read 16,138,284 times
Reputation: 19074
Quote:
Originally Posted by James Bond 007 View Post
Or better yet, "The Good Morning Starshine Act of 2022."

After all, the song perfectly encapsulates the jubilation of democrats
"Misery loves company act"
stay away from me with your garbage
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Old 08-04-2022, 09:11 PM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595
Thumbs up The Socialist Paradise is at hand!

The Best Evidence Yet That the Climate Bill Will Work
Quote:
First we got the bill. Now we have the numbers.

The Inflation Reduction Act, the surprise deal that Senator Joe Manchin and Senate Majority Leader Chuck Schumer struck last week, would significantly reduce greenhouse-gas pollution from the American economy. If passed, the bill would cut annual emissions by as much as 44 percent by the end of this decade, according to a new set of analyses from three independent research firms.

That would make the Inflation Reduction Act, or IRA, the most significant climate bill ever passed by Congress. No law has ever made such a big dent in U.S. emissions, or cut them as rapidly: It would more than double the pace at which the American economy has been decarbonizing, the analyses say.
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