Dog Brothers Public Forum

HOME | PUBLIC FORUM | MEMBERS FORUM | INSTRUCTORS FORUM | TRIBE FORUM

Welcome, Guest. Please login or register.
December 06, 2016, 08:17:14 AM

Login with username, password and session length
Search:     Advanced search
Welcome to the Dog Brothers Public Forum.
98746 Posts in 2346 Topics by 1082 Members
Latest Member: James
* Home Help Search Login Register
+  Dog Brothers Public Forum
|-+  Politics, Religion, Science, Culture and Humanities
| |-+  Politics & Religion
| | |-+  Government programs & regulations, spending, deficit, and budget process
« previous next »
Pages: 1 ... 18 19 [20] Print
Author Topic: Government programs & regulations, spending, deficit, and budget process  (Read 176390 times)
DougMacG
Power User
***
Posts: 8399


« Reply #950 on: August 08, 2016, 02:36:01 PM »

Federal spending went from $2 Trillion in 2002 to $4 Trillion today in just two Presidencies. 

[Wish I could cut and paste the numbers in here, year by year.]

Amazingly, Republicans controlled the House of Representatives during 12 of those 16 years.

http://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary
https://en.wikipedia.org/wiki/2016_United_States_federal_budget
https://en.wikipedia.org/wiki/Party_divisions_of_United_States_Congresses

Are we nuts?!
Logged
ccp
Power User
***
Posts: 6368


« Reply #951 on: August 10, 2016, 08:09:49 PM »

https://www.conservativereview.com/commentary/2016/08/fonda-and-redford-hollywoods-new-welfare-mooches
Logged
Crafty_Dog
Administrator
Power User
*****
Posts: 38255


« Reply #952 on: August 26, 2016, 10:50:13 AM »

https://patriotpost.us/posts/44479
Logged
Crafty_Dog
Administrator
Power User
*****
Posts: 38255


« Reply #953 on: September 14, 2016, 04:33:36 PM »

http://scottgrannis.blogspot.com/2016/09/federal-budget-outlook-deteriorates.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+blogspot%2FtMBeq+%28Calafia+Beach+Pundit%29
Logged
ccp
Power User
***
Posts: 6368


« Reply #954 on: September 15, 2016, 07:19:31 AM »

https://www.conservativereview.com/commentary/2016/09/why-this-millennial-woman-loathes-trumps-new-nanny-state-plan
Logged
DougMacG
Power User
***
Posts: 8399


« Reply #955 on: September 15, 2016, 11:30:17 AM »


Big government 'conservatism'.  It gives Trump a shiny, soft object to point to.  Hopefully a Republican House can stop it.

Reform and replace existing programs first.

Wouldn't a stay at home mom need a government support program more than a career, daycare mom.  Where is her government paid 'maternity program'?  You have to ne unmarried, unsupported to get it?  Republicans playing on a Democrat playing field lose.   Hillary has WAY bigger ideas than this.  You can't afford all of her ideas!

The Clintons sold us family leave based on the idea it was unpaid, then immediately screamed how unfair it was to have people unpaid to not work.

If 6 weeks is good, isn't 8 weeks better, 20 weeks great, forever perfect?

Don't tell the government but women in my family were waterskiing in the last 6 weeks before birth.  We could have used some government-paid boat gas.

Grow the economy stupid.
Logged
Crafty_Dog
Administrator
Power User
*****
Posts: 38255


« Reply #956 on: September 16, 2016, 08:17:35 PM »

http://scottgrannis.blogspot.com/2016/09/federal-budget-outlook-deteriorates.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+blogspot%2FtMBeq+%28Calafia+Beach+Pundit%29
Logged
ccp
Power User
***
Posts: 6368


« Reply #957 on: September 23, 2016, 04:19:57 PM »

I don't get it.  What is going on with all these relatives of politicians getting all this government money.  First we hear of Manchin's daughter getting  deal to supply epi pen to what 60000 school across the country and I saw this not to long as well as today:

http://www.newsmax.com/Newsfront/John-Kerry-Aware-State-Department-Daughter/2016/09/23/id/749860/

Who is watching this stuff?
this must be the tip of the iceberg

I assume Kerry's kid is getting a salary from this "nonprofit".  All this stuff sounds just so well meaning but is it?
Logged
ccp
Power User
***
Posts: 6368


« Reply #958 on: October 07, 2016, 02:53:31 PM »

I think Jeb also brought this up:

http://www.nationalreview.com/article/440848/donald-trump-fire-bureaucrats
Logged
DougMacG
Power User
***
Posts: 8399


« Reply #959 on: October 15, 2016, 12:17:37 PM »

Associated Press WASHINGTON

"The government ran a $587 billion budget deficit for the just-completed fiscal year, a 34 percent spike over last year after significant improvement from the record deficits of President Barack Obama's first years in office."

"the government is borrowing 15 cents of every dollar it spends. Government spending went up almost 5 percent to $3.9 trillion in fiscal 2016, but revenues stayed flat at $3.3 trillion".  (No they didn't; revenues went down a smidgen.)

http://www.mcclatchydc.com/news/politics-government/national-politics/article108285582.html#storylink=cpy
-------------------------------------------------------------------------------------------------------------------------------------------------------

Republican House.  Republican Senate.  No tax increases repealed.  No programs de-funded.  Not because they agree with Obama and his priorities but because they, the Republican establishment in Washington, wanted to make no waves in order to take back the White House in 2016.  How is that strategy working out for them?

I wonder if the growth surge coming from government 'investments' in solar Solyndra, Cash for Clunkers and Shovel Ready Projects never materialized...

Can someone name the nations that created great prosperity by having the government eat up the private sector?  Or the places around the world and throughout history that expanded prosperity by limiting personal economic freedom?  Once again, who could have know this would backfire?
Logged
ccp
Power User
***
Posts: 6368


« Reply #960 on: October 15, 2016, 12:44:22 PM »

"I wonder if the growth surge coming from government 'investments' in solar Solyndra, Cash for Clunkers and Shovel Ready Projects never materialized..."

Hill wants to make us a clean energy power house.

millions and millions of solar panels and windmills on every square meter of land "might" actually do it. 
Logged
DougMacG
Power User
***
Posts: 8399


« Reply #961 on: October 15, 2016, 12:57:57 PM »

"I wonder if the growth surge coming from government 'investments' in solar Solyndra, Cash for Clunkers and Shovel Ready Projects never materialized..."

Hill wants to make us a clean energy power house.

millions and millions of solar panels and windmills on every square meter of land "might" actually do it.  

Paraphrasing Milton Friedman on government 'investments', investments that don't pay for themselves aren't worth making.  If these ideas make economic sense they don't need public subsidy in a free economy.

Also, there is the duck curve, we need far more energy produced at some times as compared with others:
http://dogbrothers.com/phpBB2/index.php?topic=1096.msg97479#msg97479
http://dogbrothers.com/phpBB2/index.php?topic=1096.msg97507#msg97507


Investing more in wind and solar provides more energy only during the times of the day and year when there is wind and solar, leaving even bigger gaps to fill during the other times.

It was fracking, a private sector program, that reduced our CO2 emissions.  Natural gas is close to 40% cleaner with carbon than coal.  Nuclear is the cleanest with carbon emissions at zero but scales up and down with the above demand curve the worst.   No one has fully thought this through, which is surprising when the proposal is always to move to a centrally planned economy.
« Last Edit: October 15, 2016, 01:01:41 PM by DougMacG » Logged
ccp
Power User
***
Posts: 6368


« Reply #962 on: October 16, 2016, 06:52:56 AM »

I thought Presidential Libraries were all privately funded.  Why would the National Archives fund this with the cat overseeing the hen house?  We are paying for his cigar pad too?

https://www.yahoo.com/news/m/7cc0b8fb-ffa0-37be-8ccb-ec202757ad9b/ss_bill-clinton%E2%80%99s.html
Logged
ccp
Power User
***
Posts: 6368


« Reply #963 on: October 17, 2016, 05:14:55 PM »

government unions holding the rest of the citizenry hostage:

http://www.nationalreview.com/corner
Logged
ccp
Power User
***
Posts: 6368


« Reply #964 on: October 19, 2016, 04:16:35 PM »

Can anyone explain why so many government programs are "over budget".

If a company wins a bid to build something for a proposed amount then why are taxpayers forced to pick up the tab when they botch estimates?

If a company knows they can push the over budgets to the Gov then what is incentive to keep cost down?
I just don't understand the process.
https://www.washingtonpost.com/news/checkpoint/wp/2016/10/18/report-proposes-slashing-u-s-aircraft-carriers-investing-in-lasers-to-combat-russia-and-china/
« Last Edit: October 20, 2016, 11:13:40 AM by Crafty_Dog » Logged
ccp
Power User
***
Posts: 6368


« Reply #965 on: October 28, 2016, 09:47:16 AM »

Bill Gate's net worth of 90 billion could help 8.5 million people immediately:

http://www.njspotlight.com/stories/14/08/11/explainer-why-state-s-unfunded-liability-for-retirees-is-90-billion-and-rising/
Logged
Crafty_Dog
Administrator
Power User
*****
Posts: 38255


« Reply #966 on: November 01, 2016, 01:29:33 AM »

Zero interest rate policies have hurt pension funds ability to earn a decent ROI.
Logged
Crafty_Dog
Administrator
Power User
*****
Posts: 38255


« Reply #967 on: November 09, 2016, 09:45:18 PM »

https://www.washingtonpost.com/news/wonk/wp/2016/09/16/this-chart-shows-how-trumps-penny-plan-would-add-up-to-huge-budget-cuts/
Logged
Crafty_Dog
Administrator
Power User
*****
Posts: 38255


« Reply #968 on: November 10, 2016, 01:37:00 PM »

Obama’s Fiscal Legacy
The President’s luck is about to run out—on his successor’s watch.
U.S. President Barack Obama ENLARGE
U.S. President Barack Obama Photo: Getty Images
Updated Nov. 9, 2016 12:04 a.m. ET
258 COMMENTS

Congratulations to the President-elect, whoever you are, because you’re going to need it. Our deadline arrived Tuesday before we knew the election outcome, but not before we can say with confidence that President Obama is leaving his successor a large and growing federal budget problem.

That’s the message in the Congressional Budget Office’s summary, released Monday, of the fiscal year that closed in September. Though the subject barely came up in the campaign—little policy substance did—the federal fisc is once again heading for trouble. There are some lessons in this for the next President, who will quickly realize that Mr. Obama’s fiscal luck has finally run out—on his successor’s watch.

One lesson is that the days of easy deficit reduction are over. The annual deficit in 2016 rose for the first time in three years—by $148 billion to $587 billion. That’s 3.2% of GDP, up sharply from 2.5% last year. Mr. Obama has been able to ride falling defense spending from reduced military deployments overseas, but Pentagon outlays were flat in 2016. Military spending will probably have to increase in future years, no matter who wins Tuesday, to meet the growing challenges from Russia, China and Iran.

Mr. Obama will also leave town having failed over eight years to do anything to slow the booming burden of Social Security, Medicare and Medicaid. Outlays for those three programs grew by $75 billion last year, or about 4.2%. They now account for 10% of the entire U.S. economy, the highest level ever, and rising.

The President’s main contribution has been to put Medicaid on hyperspeed by expanding its coverage through ObamaCare. CBO’s budget gnomes report that Medicaid spending has climbed by nearly 40% in a mere three years—to $368 billion in 2016. That doesn’t include what the states are obliged to chip in.

Another lesson is that faster economic growth is essential to a healthier fisc. One reason for the deficit rebound in 2016 is that federal revenues increased by a mere $18 billion or less than 1%. Individual income-tax receipts were flat, while corporate income taxes fell by $44 billion or 13% as business profits sagged. This is what happens when the economy sputters at about a 1% growth rate for most of a year.

Growth that slow couldn’t keep up with spending that increased 4.5% or $166 billion in 2016. Federal outlays were 20.9% of the economy for the year, up from 20.4% in 2014. A Republican Congress has kept that figure down from the heights of the Obama-Nancy Pelosi stimulus, but it is now set to take off again as more Baby Boomers start collecting Social Security and Medicare. (Millennials, get ready to pay even higher taxes throughout your working life.)

The tragedy is that Mr. Obama spent his political capital not on growing the economy but on growing entitlements and raising costs for business via regulation. The next President needs to make faster economic growth the policy default, or every other political priority will be hard or impossible to meet. The deficit burden will get worse faster.

The final major lesson is that the next President can’t count on the continuation of low interest rates. The Federal Reserve has been Mr. Obama’s best friend not named Chief Justice John Roberts as its monetary policies have helped finance a record debt blowout at lower cost. Mr. Obama issued more Treasurys than any President in history, and the Fed bought $1.7 trillion worth from 2009-2014. That helped guarantee there wouldn’t be a shortage of demand.

This era may be ending as a new President takes office. The Fed may raise rates in December, and bond yields have been rising. Outlays for net interest on the debt increased by $23 billion or 9% in 2016, largely due to faster inflation. But inflation is still tame. If it begins to rise, the debt-financing burden will explode with more than $14 trillion of Treasury debt outstanding, much of it short-term. In January CBO said that if interest rates are 100 basis points above their projections each year for the next decade, the Treasury will have to pay an average of more than $160 billion per year.

None of this adds up to an immediate crisis, but it does illustrate the degree of President Obama’s abdication. He has been the ultimate free-lunch politician, handing out new entitlements, exploiting the post-crisis era of low rates to grow the debt, and passing the bucks to the grandkids.

Mr. Obama once quipped in a meeting with Senators, only half seriously, that he couldn’t fix entitlements on his watch because he had to leave something for his successors. Too bad he’s done nothing except make the problem worse. It’s all yours, President-elect.
Logged
ccp
Power User
***
Posts: 6368


« Reply #969 on: November 11, 2016, 07:50:43 AM »

Since the Smithsonian is afterall a National Federal museum I put in this thread:

http://cnsnews.com/news/article/penny-starr/smithsonians-response-lawmakers-criticism-clarence-thomas-museum-omission
Logged
Pages: 1 ... 18 19 [20] Print 
« previous next »
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2015, Simple Machines Valid XHTML 1.0! Valid CSS!