Budgets: After eight years of silence during President Obama eight years in office, which saw deficits average $910 billion a year and the national debt explode by $9.3 trillion, Democrats are suddenly fretting about deficits. If only their concern were genuine and not a cynical attempt to derail much-needed tax reform. The Republican plan is a "deficit-busting tax cut to benefit the wealthiest Republicans," says Senate Minority Leader Charles Schumer. House Minority Leader Nancy Pelosi warns that it would "take us so deeply into debt … it will necessitate a trillion dollars being cut out of Medicaid." Various other Democrats
No, but Republicans uncontrolled spending and fhe failure to end Obamacare subsidies will. And, if the tax cuts do generate better economic growth, the cost of servicing $20+ trillion in federal debt due to rising interest rates will add more red ink to the federal deficit that will likely approach $1 billion next year,
Taxes are revenue. Deficits are expenditures. If your revenue decreases and you continue your same expenditure, you will have a deficit. If you live within your means, you don´t run deficits. The idea that government needs more revenue is to believe that the government has absolutely no waste. Does anyone honestly believe that?
Both sides continue to play their devious games and spread the same lies that we have been hearing for decades. Government continues to betray us because we have not resisted strongly enough. They have the power to make laws, we have the vote, which is subject to cheating and lies. The whole mess needs to be torn down and rebuilt in a bullet-proof way. We can no longer trust them and their false charade that they are honorable and well-intentioned. Obama didn´t even follow a budget, he just spent money and drained the treasury. Neither Republicans nor Democrats spoke one word of protest. The best way out of a hole is to never get into it.
Agree that no one seemed to complain, particularly Democrats, over the last 10 years of massive deficits, due to not actually following the budget process.
Now, there are ads on FB, and such, stating NotOnePenny, for the rich.
What this means, no tax relief or tax bill, period, since we have a progressive tax system, that everyone pays the same percentage on the same amount of income with the scale increasing as the income increases. So, everyone pays the same 15% on the first say $12,000 of their earned income, then the next level is taxed at X amount, so on and so forth. Thus, the wealthy pay that same initial percentage as someone making $50,000 a year.
And, our deficit will increase regardless of any tax reform.
Freeing Iran: In their battle against the oppressive mullahs, Iran´s protesters have one powerful weapon: the internet. Unfortunately, the government knows this and is systematically closing down apps it believes pose a threat, and selectively disrupting internet service. The U.S. should do all it can to keep Iran´s digital window open. The internet has become a formidable weapon in the Iranian people´s fight for freedom. It gives those who oppose Iran´s terror-supporting regime a way to communicate with others, share ideas and even organize opposition. A report out just this Wednesday from the Center for Human Rights in Iran (CHRI) notes that
The public is more upbeat about the direction of the country and the economy, less likely to be looking for a job and less stressed. Yet they´re not giving President Trump much of the credit, the latest IBD/TIPP Poll shows. The January poll finds 35% approve of the job Trump is doing and 58% disapprove — a gap of 23 points, which is unchanged from last month. Trump´s favorability rating is 36%, with 57% saying they have an unfavorable view of the leadership he´s providing — a gap of 21 points. However, the poll also found that 45% now approve of how
Health Care: President Trump has taken three important steps that will help make health care more affordable for millions by injecting more choice and competition into the insurance market. The response from Democrats is illuminating. In a series of proposed regulatory changes, Trump aims to give consumers options that Democrats want to deny them — options for less expensive insurance that best suits their own health care and financial needs. One would remove an Obama-era regulation that was designed to thwart the increasingly popular market for "short-term" insurance plans. These plans didn´t comply with ObamaCare´s myriad rules and regulations, which meant they
If there is one thing about which most economists understand and agree it´s the law of supply and demand. A derivative of that law is that demand and velocity of transactions tend to diminish as costs increase. While few individuals disagree about this, many in the collective body of economists have become so politicized that when it comes to the cost of variables such as taxes and regulations, that consensus all but vanishes. Indeed, to listen to many of the pundits and experts there seems to be confusion, denial and disagreement about how the cost of regulations and taxes actually affect
In the midst of the media feeding frenzy over Michael Wolff´s gossipy and fact-mangling book on the Trump White House, another piece of news broke. On Jan. 5, it was announced that the FBI has returned to investigating The Clinton Foundation. Yawn. First, the media ignored it. Then, they touched on it for half a story, after which pundits insisted that there is "nothing new," as if they have access to the factual evidence being sought by the FBI. Does the "nothing new" response ring a bell? It should. Last year, some reporters stared at the clear evidence of corporate donations to
Election 2020: The wave of enthusiasm sweeping Democrats and liberal pundits for an Oprah Winfrey presidential run in 2020 shows just how bankrupt the party is of ideas and how bereft it is of credible national leaders. Talk of talk show celebrity Oprah Winfrey running for president is hardly new. There were appeals going back more than a decade — ABC News ran a segment in 2003 called "Oprah for President?" Almost as soon as Trump won the 2016 elections, some were arguing that she was the person to beat him in 2020. But it was her acceptance speech at the
The Media: Something disturbing has been taking place in recent months which, if unchecked, poses a real danger to our democracy, yet has barely been noted by the mainstream media: The continuing, organized political harassment of Federal Communications Commission Chairman Ajit Pai. Pai has been subject to a nonstop campaign of attacks, vilification and outright threats unseen in this country in decades. And why? Because he overturned a ruling by President Obama´s FCC imposed on the nation regarding "net neutrality." Net neutrality allows the government to regulate internet carriers like it did the telephone industry and to force them to treat
Michelle Obama and her eldest daughter Malia made a rare appearance in swimsuits as they are enjoying the sun in Miami.The mother and 19-year-old daughter were spotted walking off Miami Beach on Saturday surrounded by friends - including former Obama administration senior advisor Valerie Jarrett - and Secret Service personnel.Michelle, 53, looked sensational in a white bikini top matched with high-waisted white denim cut-off shorts as she trudged her way barefoot through the sand, holding her shoes in one hand.
NBC plans to televise any players who refuse to stand for “The Star-Spangled Banner” at the Super Bowl, but there may be nothing to show. It appears that NFL players are no longer taking a knee during the national anthem, namely because none of the teams with still-active protesters has qualified for the postseason. By the end of the regular season, only five teams featured at least one player regularly sitting or kneeling on the sidelines for the anthem: the Seattle Seahawks, the San Francisco 49ers, the Miami Dolphins, the New York Giants and the Oakland Raiders. None of those franchises made the
Mitt Romney took a swipe at Donald Trump on Monday, condemning the crude comments the president was said to have made about Haiti and African countries -- calling them “inconsistent (with) America’s history and antithetical to American values” with a reference to Martin Luther King, Jr. The poverty of an aspiring immigrant’s nation of origin is as irrelevant as their race,” Romney tweeted. “The sentiment attributed to POTUS is inconsistent w/America’s history and antithetical to American values. May our memory of Dr. King buoy our hope for unity, greatness, & ‘charity for all.’”
This Martin Luther King, Jr. Day, the NAACP wants man-made global warming to be seen as a civil rights issue, arguing King’s vision of a society free of racial injustice can’t be achieved without addressing warming. “We see climate change as a civil rights issue,” Jacqueline Patterson, head of the NAACP’s environmental and climate justice program, said in an online radio spot for the Yale Center for Environmental Connection. Environmental activists have been increasingly framing global warming as a matter of “environmental justice,” since “minority and low-income populations are disproportionately affected by global warming,” Patterson told Yale’s online radio Climate
The most recent attack on the president is designed to throw him off balance during the debate on immigration. Senator Durbin, doing his best Claude Rains imitation, stated, "I cannot believe that, in the history of the White House, in that Oval Office, any president has ever spoken the words that I personally heard our president speak yesterday." Durbin was responding to Trump´s alleged comment that Haiti, El Salvador, and certain African countries are "s---holes." Many of the reports omit mention of El Salvador because it does not fit the anti-black allegations. Senator Durbin is not a young man, and he
Actress and yogurt salesman Jamie Lee Curtis knows exactly whom to blame for a false alarm that told Hawaiians an incoming ballistic missile was detected. It was all President Trump´s fault. Duh. Now, never mind that Trump was in Florida at the time. On the golf course. And forget that Hawaii´s Emergency Management Agency (EMA), run by the Hawaiian state government, apologized for setting off the false alarm when someone pushed the wrong button. In a Saturday afternoon post on Twitter, Curtis attacked Trump, writing "YOU DID THIS!" "This Hawaii missile scare is on YOU Mr. Trump. The real FEAR that
This is the shocking moment a massive brawl broke out in a California pizza restaurant over a missing iPhone that turned out to have been in the lost and found the whole time. Police were called to John´s Incredible Pizza Company in Newark´s NewPark Mall on Saturday night after violence erupted. It broke out after a girl missing her phone had approached a group to see if they´d seen it but quickly descended into chaos, with video showing two large groups of people exchanging blows and screaming at each other. Newark police officers had to call in officers from the Fremont Police Department