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spanone

(135,844 posts)
Sat Nov 18, 2017, 09:33 AM Nov 2017

Whatever happened to the party of fiscal responsibility?

Not that long ago, Rep. Paul Ryan was freaked out about the national debt.

The “red tidal wave of debt,” he told Sean Hannity back in 2012, would trigger what he called the “most predictable economic crisis we have ever had in this country.” Debt would mean nothing less than the “end of the American dream.”

In 2012, the debt stood at $15 trillion, and the exploding costs of entitlements, Ryan said, meant that “by the time my grandkids are raising their grandkids, we are taking 80 cents out of every dollar just to pay for this federal government at that time.”

Ryan, who was then House Budget Committee chairman and soon to be the GOP’s vice presidential nominee, warned that the debt crisis would be catastrophic to the American way of life, leading to a massive rise in interest rates and — eventually — “bitter austerity” measures including “cuts to current seniors” and “cuts to the safety net.”


http://www.latimes.com/opinion/op-ed/la-oe-sykes-gop-fiscal-20171110-story.html
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Whatever happened to the party of fiscal responsibility? (Original Post) spanone Nov 2017 OP
It never was rock Nov 2017 #1
exactly right - one of the biggest frauds ever rurallib Nov 2017 #5
Two things bother me about this...well MAINLY TWO THINGS: ewagner Nov 2017 #2
It became the party of F.U. Repeatedly FM123 Nov 2017 #3
Debt is the goal of these monsters. mindem Nov 2017 #4
That only applies when the President is black or a Democrat or both. kydo Nov 2017 #6
!!!!BINGO!!!!! spanone Nov 2017 #7
And of family values, and patriotism, etc, etc. dalton99a Nov 2017 #8
those things don't matter when you're repaying the donor class spanone Nov 2017 #9
Depends on your definition. Kablooie Nov 2017 #10

ewagner

(18,964 posts)
2. Two things bother me about this...well MAINLY TWO THINGS:
Sat Nov 18, 2017, 09:42 AM
Nov 2017

First that the tax plan is so blatantly tilted toward the GOP donor base. They make no attempt to hide it other than repeating the mantra (lie) that "this is a middle-class tax bill" but even a cursory look at the provisions of the bill strip that facade off of the bill.

Second...they are in one hell of a hurry to get this done. There is a seismic wave of some sort coming and they want their "goodies" ordained by their congress NOW! They must think that their theft from the treasury is irreversible and cast in stone, not subject to change by anything that happens afterwards and this is what bothers me.

The seismic wave, I suppose, could be the sweeping from office of anybody with an "R" behind their name but that would mean that a Democratic Party majority could undo all or most of the damage they are doing. Their haste (in that context) doesn't make sense.

I fear there is something more dastardly that they fear....like economic collapse of the American economy? Or maybe they are afraid the President* might actually start a nuclear war and they need to squirrel money away in international safe havens..

Okay

I'm getting paranoid but in these days, who isn't!!!

mindem

(1,580 posts)
4. Debt is the goal of these monsters.
Sat Nov 18, 2017, 09:46 AM
Nov 2017

If they can create enough of a disaster by using tax cuts for the rich and unlimited military spending, we will hear "we have no choice but to eliminate all of this needless social security, etc.". I really do think they are intentionally destroying the economy to bring on massive austerity measures.

Kablooie

(18,634 posts)
10. Depends on your definition.
Sat Nov 18, 2017, 10:19 AM
Nov 2017

Fiscal responsibility to them means being responsible for taking wealth from those that have little and shoveling it to those that have too much.

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