How can the GOP run as party to stop spending given average annual debt increase of 500B each year ?

[papau]

$9,238,008,288,942.11 less $5,727,776,738,304.64 divided by 7 is $501,461,650,091



Date Total Public Debt Outstanding
01/19/2001 5,727,776,738,304.64
01/22/2001 5,728,195,796,181.57
10/01/2001 5,806,151,389,190.21
12/31/2001 5,943,438,563,436.13
01/02/2002 5,932,932,561,034.54
09/30/2002 6,228,235,965,597.16
10/01/2002 6,215,430,666,794.73
12/31/2002 6,405,707,456,847.53
01/02/2003 6,389,356,141,156.55
09/30/2003 6,783,231,062,743.62
10/01/2003 6,804,504,127,055.70
12/31/2003 6,997,964,247,818.28
01/02/2004 6,981,477,122,871.86
09/30/2004 7,379,052,696,330.32
10/01/2004 7,409,510,200,267.47
12/31/2004 7,596,142,802,424.14
01/03/2005 7,591,307,997,129.40
09/30/2005 7,932,709,661,723.50
10/03/2005 7,970,524,003,272.50
12/30/2005 8,170,424,541,313.62
01/03/2006 8,153,881,581,212.99
09/29/2006 8,506,973,899,215.23
10/02/2006 8,548,384,110,614.28
12/29/2006 8,680,224,380,086.18
01/02/2007 8,678,229,324,205.41
09/28/2007 9,007,653,372,262.48
10/01/2007 9,062,552,400,356.63
12/31/2007 9,229,172,659,218.31
01/02/2008 9,210,587,444,062.47
01/31/2008 9,238,008,288,942.11

[margotb822]

1. Don't you know

if you say something over and over again, it must be true. Hence, 'tax and spend Democrat' takes hold and the sheeple believe it. Its no excuse for the Republicans' lying, but its a start.

[papau]

2. All the media bull about the deficit coming down because of tax revenue increase from lower rates -

MSM feels no shame.

[progressive_realist]

3. My microeconomics textbook swiftly debunked that myth

Empirically, the marginal tax rate which maximizes tax revenue for the government is between 79% and 85%. In other words, lowering the top marginal rate from 91% to 70%, like Kennedy did, increases the amount of tax revenue the government takes in. Lowering it from 65% to 45%, or 45% to 35%, or anything else below 79%, just leads to larger government deficits.

But amazingly, every article I read about the Laffer curve and supply-side pretends that no one has ever crunched the data to find where the optimal point is, and therefore it might be at 20% or perhaps 5%. Cut taxes!!! Money for nothing! Ponies for everyone! :eyes:

[opihimoimoi]

4. The Pubs are Scammers who conned America....Conservative should be a dirty term

It stands for BS, Selfishness, Arrogance, Denial, etc

[stevebreeze]

8. Kennedy's tax cut included many loophole closings

Kennedy did not himself call it a tax cut merely a tax change. The rest is all right wing historical revision.

[Snarkoleptic]

5. It's easy with a little help from their friends.

[PassingFair]

7. They gots their own Bizznas Channel now!

[nightrider767]

6. Because we are Americans...

We are dumber than dirt.

Dress it up, perfume it up and Presto Bingo!

The pig now becomes a balarina.....

[sendero]

9. As the economy falls into disarray..

... (and it is) as people lose their homes and their jobs and their smug sense of American entitlement, many are going to start paying attention and realizing that the GOP has been blowing smoke up their asses for years.

[halobeam]

10. they will say it's because of a necessary war

[leftofthedial]

11. because most Amurkans are stupid and ignorant

and 30% of Amurkans are absolute drooling morans

[RLS21]

12. Our Media is Financially Illiterate

The Republicans get away with this because our media doesn't seem
to be able to educate the public on what actually is going on.

It particularly irks me when the deficit is reported using the social security surpluses to make it look smaller. Social security is a liability and shouldn't be utilized as a revenue in calculating the defecit.