Republicans busting the bank now

[atlkvb]

Bill Clinton and Democrats did NOT balance the budget. More lies from the Left.

exerpt:
"1993 — the year of the giant Clinton tax hike — was not the turning point in the deficit wars, either. In fact, in 1995, two years after that tax hike, the budget baseline submitted by the president’s own Office of Management and Budget and the nonpartisan Congressional Budget Office predicted $200 billion deficits for as far as the eye could see. The figure shows the Clinton deficit baseline. What changed this bleak outlook?"

full article link:
https://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget

more:

Was it Clinton's idea to balance the budget? Who created the surplus of the 90's?

excerpt:
"It wasn't Clinton's boldness alone that caused the budget surplus to appear. George H.W. Bush's 1990 deficit reduction deal, which was also denounced in apocalyptic terms by Conservatives, did more to reduce the deficit than Clinton's 1993 budget"

https://newrepublic.com/article/76709/who-created-the-1990s-surplus-clinton-or-the-gop

...and finally

The "myth" of the Clinton surplus

excerpt:
"So why do they say he had a surplus?

As is usually the case in claims such as this, it has to do with Washington doublespeak and political smoke and mirrors."

link:
http://www.craigsteiner.us/articles/16

 

[atlkvb]

Honestly I'm not surprised the Republicans can't actually reduce the spending. Some of it is a lack of political will, and as I mentioned in another thread we are locked in by both entitlement spending as well as legacy costs. Until both parties come to the realization that the real money is in entitlement reform, the best we can hope for is continuing to expand the economy, and increasing revenues to the Treasury to at least pay for the increased discretionary spending. The debt won't go anywhere though until we start actually eliminating wasteful programs and spending or reforming or eliminating entitlements.

 

[DvlDog4WVU]

That was the most fiscally responsible government we've had during my adult life. The economic boom certainly helped. A Democratic president with a Republican congress drove the deficit down. The president was skewered as a traitor by many in his own party for making deficit reduction a priority.

Couple the collapse of Russia with a drastic decrease in military spending due to a downsizing of the military and IC as contributors. It’s also what left the US military with a horrific training and readiness rating and all but dried up the IC intelligence gathering and processing capability.

 

[va87eer]

Couple the collapse of Russia with a drastic decrease in military spending due to a downsizing of the military and IC as contributors. It’s also what left the US military with a horrific training and readiness rating and all but dried up the IC intelligence gathering and processing capability.

The US was slow to adjust to the type of military that was needed post cold war. The amount of the budget cuts themselves should have been manageable but with a large and slow government organization the adaptation to leaner fast action forces with stronger intelligence weren't well executed for decades.

 

[atlkvb]

The US was slow to adjust to the type of military that was needed post cold war. The amount of the budget cuts themselves should have been manageable but with a large and slow government organization the adaptation to leaner fast action forces with stronger intelligence weren't well executed for decades.

I think the worst thing Government does is fail to innovate, adapt, and adjust to market force changes as quickly as private enterprise must in order to survive. A business that isn't innovating, adapting, looking for more efficient ways to grow more profitably is doomed to get left behind by its competitors. Government (even the military) has no such pressures because it faces no true competition. At times the Military does, but it normally waits until it has already been passed by its enemies or its systems are too old before modernizing. Excellent points here in your post va87eer!

 

[va87eer]

The government procurement organizations are completely inept. We could have an equally effective military with 30% less cost if there was more competency in the process. It's the most wasteful organization I've ever dealt with in my work. The shame is that this wastefulness only hurts the men and women on the front lines who put their lives on the line.

 

[atlkvb]

The government procurement organizations are completely inept. We could have an equally effective military with 30% less cost if there was more competency in the process. It's the most wasteful organization I've ever dealt with in my work. The shame is that this wastefulness only hurts the men and women on the front lines who put their lives on the line.

It is the worst disservice we do to both the nation and our armed services personnel, not to mention we the taxpayers. You make an excellent point and I'm not sure what the answer is except we must demand more fiscal accountability from our elected representatives. Good luck with that.

 

[DvlDog4WVU]

The US was slow to adjust to the type of military that was needed post cold war. The amount of the budget cuts themselves should have been manageable but with a large and slow government organization the adaptation to leaner fast action forces with stronger intelligence weren't well executed for decades.

Truth

 

[DvlDog4WVU]

The government procurement organizations are completely inept. We could have an equally effective military with 30% less cost if there was more competency in the process. It's the most wasteful organization I've ever dealt with in my work. The shame is that this wastefulness only hurts the men and women on the front lines who put their lives on the line.

I’ve got a funny story here but I don’t think I can tell it. In short, I agree.

 

[Mntneer]

Whoopi is going to start selling food buckets