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Thread: Vid : Trump demands 5% budget cut from each Dept. head at White House Mtg.

  1. #91
    Quote Originally Posted by CaptUSA View Post
    Here's the thing... Trump wrote a book about playing to people's fantasies. It's part of his con. In this case, he's playing to my fantasies about cutting government spending. I can see how easy it is to get caught up in it. I want to believe it. It's my hope speaking. Trump, like Obama, is incredibly adept at manipulating people's hopes. So I'm very cautiously optimistic.
    Fair point, no doubt.

    But is he playing to those fantasies by offering ephemeral and non existent policies, or by offering very real ones, that are too little to do any good?

    Me, personally, he, as the executive, has rolled back numerous restrictions on my line of work.

    I am now making more money than I have in the last five years, due in no small part to rollbacks of those burdensome regulations.



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  3. #92
    Quote Originally Posted by CCTelander View Post
    Right. And the serial rapist who reduces the INCREASE in the number of rapes he commits per year, and reduces the ones he actually commits by 0.08% deserves credit for those additional rapes he decided not to commit? What kind of sick, twisted logic arrives at such a farcical conclusion? SMGDH

    I did not really read what this does, just there is a decrease of 5%.

    so you are saying the increase is actually more than 5%? So a 5% decrease is still a net increase in spending, for perpetuity?
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    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  4. #93
    Quote Originally Posted by Danke View Post
    Yes they do, I have a degree in Mathematics, but I guess reading comprehension is not one of my skills.

    What are you trying to say, a annual cut of 5% will not reduce the size of government spending?

    If not, what is needed?
    We're not talking about government spending at all.

    We're talking about the economic damage done by government regulation.

    That amounts to $2028 billion per year (conservatively estimated).

    Trump's "deregulation" reduces that cost by $1.64 billion per year (or 0.08% of the total).

    Hence, it will take well over 1200 years to eliminate that $2028 billion annual cost at a rate of $1.64 billion per year.

    In other words, the "deregulation" is nothing: PR.

  5. #94
    Quote Originally Posted by Danke View Post
    Yes they do, I have a degree in Mathematics, but I guess reading comprehension is not one of my skills.

    What are you trying to say, a annual cut of 5% will not reduce the size of government spending?

    If not, what is needed?
    We are discussing the economic benefits of Trump's regulation cuts, so far they have been proportionally small compared to the overall regulatory burden but they still aren't trivial and given the proper support he may yet do much better.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  6. #95
    Quote Originally Posted by Anti Federalist View Post
    Fair point, no doubt.

    But is he playing to those fantasies by offering ephemeral and non existent policies, or by offering very real ones, that are too little to do any good?

    Me, personally, he, as the executive, has rolled back numerous restrictions on my line of work.

    I am now making more money than I have in the last five years, due in no small part to rollbacks of those burdensome regulations.
    Less restrictions on AF doesn’t sound good, @donnay.
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  7. #96
    Quote Originally Posted by Swordsmyth View Post
    We are discussing the economic benefits of Trump's regulation cuts, so far they have been proportionally small compared to the overall regulatory burden but they still aren't trivial and given the proper support he may yet do much better.

    OK, I thought it was the budget, thanks for the clarification.
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.



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  9. #97
    Quote Originally Posted by r3volution 3.0 View Post
    We're not talking about government spending at all.

    We're talking about the economic damage done by government regulation.

    That amounts to $2028 billion per year (conservatively estimated).

    Trump's "deregulation" reduces that cost by $1.64 billion per year (or 0.08% of the total).

    Hence, it will take well over 1200 years to eliminate that $2028 billion annual cost at a rate of $1.64 billion per year.

    In other words, the "deregulation" is nothing: PR.

    Ok, it is regulation costs. Still if that is reduced 5% a year, I mathematically don’t see it taking very long to be a significant reduction.
    Last edited by Danke; 10-19-2018 at 09:14 PM.
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  10. #98
    Quote Originally Posted by Danke View Post
    Ok, it is regulation costs. Still if that is reduced 5% a year, I mathematically don’t see it taking very long to be a significant reduction.


    What the hell is this 5%?

    Even if Trump cuts 5% of non-defense discretionary spending (which he won't), it has no effect on the regulatory-state.

    There is no proposal on the table to cut regulations 5% per year, nor will there be.

  11. #99
    Quote Originally Posted by r3volution 3.0 View Post


    What the hell is this 5%?

    Even if Trump cuts 5% of non-defense discretionary spending (which he won't), it has no effect on the regulatory-state.

    There is no proposal on the table to cut regulations 5% per year, nor will there be.
    I guess I am misreading your posts.
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  12. #100
    Very confusing. I watched the Trump video. He says a 5% budget costs, then in this thread it gets into regulatory cuts.

    Which is it?
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  13. #101
    Quote Originally Posted by Danke View Post
    Very confusing. I watched the Trump video. He says a 5% budget costs, then in this thread it gets into regulatory cuts.

    Which is it?
    The thread was about budget cuts, Phill4Paul brought up the regulatory cuts as a side issue while arguing with R3v and I joined in when R3v claimed the regulatory cuts were only worth $600 M.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  14. #102
    Quote Originally Posted by r3volution 3.0 View Post
    We're not talking about government spending at all.

    We're talking about the economic damage done by government regulation.

    That amounts to $2028 billion per year (conservatively estimated).

    Trump's "deregulation" reduces that cost by $1.64 billion per year (or 0.08% of the total).

    Hence, it will take well over 1200 years to eliminate that $2028 billion annual cost at a rate of $1.64 billion per year.

    In other words, the "deregulation" is nothing: PR.
    So you want all or nothing? Or is actual measurable progress not good enough?

    If it was Rand taking all of these actions, you wouldn't be happy about it? I'm content now and would be even happier if it were Rand.
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    @Ehanced_Deficit's real agenda on RPF =troll:

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    7 yrs/25k posts later RPF'ers still respond to this troll

  15. #103
    Quote Originally Posted by r3volution 3.0 View Post


    What the hell is this 5%?

    Even if Trump cuts 5% of non-defense discretionary spending (which he won't), it has no effect on the regulatory-state.

    There is no proposal on the table to cut regulations 5% per year, nor will there be.
    He asked for five percent cuts from cabinet departments- not the entire budget- and excluding the Department of Defense. That (if Congress passed a law calling for that- they determine spending and taxes) would reduce the $4 trillion budget (or the $1 trillion deficit) by about $24 billion. Six tenths of one percent of the entire budget. It is just for show. Only reason he even suggested it is the criticism Republicans are facing for the soaring budget deficits. When Reagan saw soaring deficits after signing the then record tax cuts, he signed another bill raising taxes to keep the deficit from getting too large. Trump likes borrowed money- in both his business and in government. Let somebody else worry about paying for things while he gets the gains.
    Last edited by Zippyjuan; 10-20-2018 at 02:28 PM.

  16. #104
    Have regulations been reduced? https://www.factcheck.org/2018/01/trumps-numbers/

    Regulations

    The growth of federal regulation slowed significantly under Trump, though it hasn’t yet come to the “sudden, screeching and beautiful halt” he claims.

    The number of restrictive words and phrases (such as “shall,” “prohibited” or “may not”) contained in the Code of Federal Regulations rose by 6,973 between the day Trump was sworn in and Jan. 16, 2018, according to daily tracking done by the QuantGov project at George Mason University’s Mercatus Center.

    That’s an increase of 0.6 percent since he took office, which is well below the average annual growth under each of his two most recent predecessors. Annual QuantGov tracking figures show the average increase in restrictive words in the CFR was just under 1.5 percent during both the Obama years and the George W. Bush years.

    The Mercatus Center database provides a hard count of specific legal mandates and prohibitions imposed by federal regulators, which we find to be more relevant than counts of the number of pages or words in the rulebook. It doesn’t attempt to assess the cost or benefit of any particular rule — such assessments require a degree of guesswork and are sensitive to assumptions. But it does track the sheer volume of federal rules with more precision than we have found in other metrics.
    Last edited by Zippyjuan; 10-20-2018 at 02:23 PM.



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  18. #105
    Quote Originally Posted by eleganz View Post
    So you want all or nothing? Or is actual measurable progress not good enough?

    If it was Rand taking all of these actions, you wouldn't be happy about it? I'm content now and would be even happier if it were Rand.
    Small, trivially small, improvements are all well and good in themselves.

    The problem is that people are being led to believe that these are major changes.

    Remember the USA Freedom Act?

    IIRC, it made a few trivial changes in the right direction, but was essentially a PR move to distract people.

    ...to make them think that the problem had been solved.

    This is the same thing. If "Trump's deregulation" is perceived as major, there goes the political will to do something that actually matters.

  19. #106
    Quote Originally Posted by Zippyjuan View Post
    He'd have to cut in half the Pentagon budget to remotely counterbalance his whopping big tax cut.

  20. #107
    And then it was never mentioned again.
    Quote Originally Posted by Swordsmyth View Post
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    Liberty preserving authoritarianism.
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    Enforced internal open borders was one of the worst elements of the Constitution.

  21. #108

  22. #109
    Quote Originally Posted by enhanced_deficit View Post
    Leaders have to deal with many issues, topics changed afterwards to other pressing issues.

    Trump: I want to scrap all H1B visas
    He also tried to repeal birth right citizenship. Lots of bold talk from that man

  23. #110
    Quote Originally Posted by TheCount View Post
    And then it was never mentioned again.
    Tucker Carlson (true libertarian hero) saw fit to devote 3 prime time hours in 3 days to some story about some kids and some Indian.

    Such trivialities as the impending collapse of the entire socialistic hulk of what was once the civilized world aren't worthy of mention.

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