[Here's a short piece – 'The problem with liberalism: It has no limiting principles' – by Tim Jones that closely summarizes a lot of what RR has been promoting (H/T to correspondent). Its appearance in the American Thinker again gives lie to the local liberal loonies who continue to maintain that the sentiments and observations appearing in these pages are the rantings of lone rightwing voices found only in these foothills. My own thesis – that these loonies don't get out very much to find out what's happening in the world – has been proven true countless number of times over the lifetime of RR. They really should expand their sources if they want to stop coming off as being somewhere between terminally cynical and simply silly. gjr]
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rebanesruminations.com 
174 responses to “Sandbox – 25nov17”
You still don’t get it Paul. It’s NOT D.C.’s money.
But yes. Cut spending.( that’s still not really a “payment plan”.)
Yet what are your friends the LIBS up to? Demanding higher taxes.
And how do you increase growth? By cutting taxation and removing regulations.
( Ca. and Nevada Co. can’t see that. I give you the new pot money grab as proof.)
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So George in order to pay down the current deficit we have to not only pay for tax cuts by increased growth but grow beyond that margin to also pay down the debt. Is that an accurate assessment?
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Its time for the po’ ol’ fakenewsman to follow Keith Olberman’s new path. 😉
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Monetizing it by printing money would of course on paper pay down the debt. But it would cause hyperinflation.
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So that’s a bad option. I think we agree on that.
Seems like there is no other option for paqying down the debt other than cutting spending and hoping for very strong growth and taking the surplus and paying down the debt. Do you think Trumps policies will accomplish that?
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Winning!
http://www.sfgate.com/news/article/Judge-rules-in-favor-of-Trump-over-fate-of-12389894.php?ipid=articlerecirc
😉
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Trump’s policies will do that.
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http://www.breitbart.com/big-government/2017/11/27/report-amnesty-champion-luis-gutierrez-quitting-congress/
Don’t let the door hit ya on the way out luis! 😉
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Rumor is he was caught in this sex stuff.
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Hey……OT……if any of you use a Mac and run the “High Sierra” OS you might want to look into this!
https://techcrunch.com/2017/11/28/astonishing-os-x-bug-lets-anyone-log-into-a-high-sierra-machine/
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DOW 23,836! How long to 27,000? 😉
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24,000
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Swamp tour….: If you look to your left, you will see Progressive Slew. http://dailycaller.com/2017/11/28/secret-donors-are-financing-leandra-english-lawsuit-against-trump/
An illegal gov entity who has now lawful reason to exist, and the swamp beasts are now fighting to keep it.
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Didn’t work, see 308. 😉
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Izzy Warren gets SCALPED!
http://dailycaller.com/2017/11/28/descendant-of-pocahontas-not-offended-by-trump-video/
Looks like Trump has friends in the American Indian caucus.
Funny, the same thing happened with MLK’s kin. No fan of LIBS.
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PaulE 228pm – totally inaccurate. What you and yours don’t acknowledge is that it is the tax cuts the instigate and promote the required economic growth. Recall the progressive shibboleth: Tax policy does not impact economic behavior.
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George
I am not disagreeing with your assumption I’m just setting the challenge that must be met in order to reduce the inherited debt. That is the proposition that reducing taxes will cause growth that will not only compensate for the decline in revenue but provide enough growth to also pay down the inherited debt. In other words cause no new debt and pay off old bills. Is that accurate?
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Its not his assumption ya po’ ol’ fakenewsman, it is based on historical behavioral evidence, the dems spin notwithstanding. Just consider the tax on the repatriated trillions we would have never seen and the multiplying effects of that cash flowing to stockholders pockets and 401k’s. Instant deduction on capitol investment has its own special wave effect. ITS THE ECONMY STUIP still matters and the deregulation environment has already born financial fruits. 😉
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I was just stating the challenge that needs to be met. That is one opinion that you favor. there are others that have a different conclusion.
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The other side of the fakenewsman coin is the leftist elites censoring dissenting or contrary views as we see locally too.
http://www.breitbart.com/tech/2017/11/28/fcc-chair-ajit-pai-slams-silicon-valley-censoring-conservatives/
😉
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The debt can never be repaid.
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That’s awfully lame @ 627. 😉
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PaulE 606pm – I hope that we’re not debating whether reducing taxes spurs growth per se (that’s like debating flat earth in 1400s). We can always spend enough to buy votes beyond what can be funded by growth. That leads to out of control borrowing (e.g. doubling national debt during Obama years) which then requires more for debt service which then …; you get the picture of the vicious cycle here that we are already in. I have explained this in detail over the past years.
https://taxfoundation.org/what-evidence-taxes-and-growth/
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Well George Despite your rosy picture or trickle down eco it is a fact that the national debt massively increased under Reagan and Bush. Apparently the trickle didn’t sprinkle on that aspect. Whats the assurance that won’t happen again?
Size of national debt when Reagan took office: $1 trillion
Size after six years: $2.3 trillion (130 percent increase)
Size at the end of his presidency: $2.9 trillion (190 percent increase)
https://www.washingtonpost.com/news/fact-checker/wp/2014/12/08/does-obama-have-the-worst-record-on-any-president-on-the-national-debt/?utm_term=.d597303c8ab7
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Paul, of Reagan’s eight years, how many budgets of his did his Congress not throw away as DOA?
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The proof is in the pudding Gregory
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Posted by: Paul Emery | 29 November 2017 at 10:28 AM
The proof is in the pudding Gregory
Quelle surprise……the standard Emery platitude hurled when Gregory catches you flat footed.
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Not caught with anything. Just restated the simple fact that the deficit had massive growth under Reagan-Bush. Do you deny that Fish? so much for the “trickle down” effect on the deficit.
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Posted by: Paul Emery | 29 November 2017 at 10:39 AM
Stated strictly as, “the deficit had massive growth under Reagan-Bush” …..no. You posting the link to the Kessler “Fact Checker” column and then ignoring the contents in the table…..that’s another matter. The increase in debt both in absolute dollars and percentage terms belongs to the last moron who warmed the chair in the Oval Office!
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Reagan increased taxes. The Congress raised spending faster.
Every Reagan budget was pronounced DOA by his Speaker.
I voted for Ed Clark, not Reagan or Carter. Who did you vote for in ’80, Paul?
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Paul. What was the state of finances in the dark ages?
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Are you denying that the deficit had huge growth uneder Reagan Bush Gregory?
doesn’t matter who we voted for Gregory. This is the record of their years in office.
Here are some other numbers
George H.W. Bush: Added $1.554 trillion, a 54 percent increase from the $2.8 trillion debt at the end of Reagan’s last budget, FY 1989.
FY 1993 – $347 billion.
FY 1992 – $399 billion.
FY 1991 – $432 billion.
FY 1990 – $376 billion.
Ronald Reagan: Added $1.86 trillion, a 186 percent increase from the $998 billion debt at the end of Carter’s last budget, FY 1981.
FY 1989 – $255 billion.
FY 1988 – $252 billion.
FY 1987 – $225 billion.
FY 1986 – $297 billion.
FY 1985 – $256 billion.
FY 1984 – $195 billion.
FY 1983 – $235 billion.
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From PaulE’s 1039am it appears that my 806am and its citation was water off a duck’s back.
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link
https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296
George
Why are the Reagan-Bush years not examples of “out of control borrowing” as you put it i your 8:06?
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Duck or druid is the same outcome @ 1127, either way he is unwilling to look at the whole picture because it does not suit the po’ ol’ fakenwesmans narrative. God forbid he recognizes that there are different branches of government or who owns the spending component. Don’t expect him to actually look at the low tax-growth equation.
Keep working that fakenews angle and you could even be the next Matt Lauer ya po’ ol’ fakenewsman. 😉
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Paul, the office is President, not King.
The power to tax and spend is in the Congress and the Speaker of the House is in control of the process. Reagan and GHW Bush had strong DEM speakers.
The Schmuck in chief, HW, said “read my lips, no new taxes” but cut a deal with his speaker for a modest tax raise for a spending cut in the next budget. Like Lucy and the football, the spending restraint didn’t happen.
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Nope, Paul thinks is all on one person(unless it’s a Proggy in the seat. Then the sky is the limit)
Facts are what YOU say they are. Right Paul? Never mind the bill “O” racked up.( You know more than ALL presidents combined.)
Nope,, that means nothing to you.
Can’t wait for the demise of so-called “public” broadcasting handouts. ( all LIB infested programming anyway.) Hit up Soros for bucks. Besides. YOU said KVMR would do fine without fed money.
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Lets see if 100 economist can get through to the po’ ol’ fakenewsman-
http://www.businessinsider.com/trump-tax-reform-opinion-congress-pass-2017-11
😉
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http://thegreatrecession.info/blog/wp-content/uploads/Federal_Debt_1901-2010.png
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Screw Paul and his fixation with debts of Presidents past.
How bout some here and now?
http://www.breitbart.com/california/2017/11/29/oroville-dam-spillway-cracking-after-500-million-repair/
Nothing some Flex-seal (as seen on TV!) can’t fix.
I say everyone send a can to the Oroville dam engineers.
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I voted for Ed Clark, not Reagan or Carter. Who did you vote for in ’80, Paul?
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Winning!
https://www.bloomberg.com/news/articles/2017-11-29/u-s-third-quarter-growth-revised-up-to-3-3-three-year-high
😉
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Megyn Kelley now feels sorry for Matt. I wonder if blood is coming out of her eyes?
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DOW 23,940! 😉
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Gregory writes:
“The power to tax and spend is in the Congress and the Speaker of the House is in control of the process. Reagan and GHW Bush had strong DEM speakers.”
So Gregory you agree then that Obama was not responsible for he massive debt incurred in his terms since most of the time the House and Senate were under Republican control
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Weather Channel: Parts of Siberia are Colder Than Minus 60 Degrees Fahrenheit, and It’s Only November
https://weather.com/news/weather/news/2017-11-28-siberia-colder-than-minus-60-degrees-in-november
https://twitter.com/wxjerdman/status/935840267260833793/photo/1?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fweather.com%2Fnews%2Fweather%2Fnews%2F2017-11-28-siberia-colder-than-minus-60-degrees-in-november
More global warming?
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Paul. Nice try. When was there a real budget? With”O” and Co.? (Hint) Never.
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Excuses excuses Walt. The Repubs controlled Congress and look what we got. Massive debt.
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No Paul, your friends the libs own it.why make excuses for them?
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For a so- called libitarian, you sure love taxes.
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