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Author Topic: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem  (Read 1788 times)

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rangerrebew

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OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« on: October 09, 2017, 08:07:19 am »

OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem

(CNSNews.com) – “I've come to the realization that Washington is not going to solve the debt problem, the deficit problem, through spending,” White House Budget Director Mick Mulvaney said on Sunday.

The former congressman from South Carolina said he came to Washington in 2011, hoping to cut spending; but he quickly realized the political will to do that just wasn’t there.
 

Source URL: https://www.cnsnews.com/news/article/susan-jones/omb-director-mulvaney-growth-not-spending-cuts-will-solve-debt-deficit
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Offline dfwgator

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #1 on: October 09, 2017, 08:23:05 am »
Everybody wants to cut spending, except for their "pet program."
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Online LMAO

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #2 on: October 13, 2017, 08:29:20 pm »
He's dangerously wrong
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"I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them." Barry Goldwater

https://www.usdebtclock.org/

Offline Bigun

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #3 on: October 13, 2017, 08:33:10 pm »
Quote from: LMAO on October 13, 2017, 08:29:20 pm
He's dangerously wrong

He is 100% correct in every regard!
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Scientists, like all discoverers of truth, have always asked, "What?” “How?” “Why?” “What if?” and “Why not?” Questioning science is science.

Jaeger, John . Brilliant Creations : The Wonder of Nature and Life (p. 5). Kindle Edition.

Online LMAO

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #4 on: October 13, 2017, 08:36:05 pm »
Quote from: Bigun on October 13, 2017, 08:33:10 pm
He is 100% correct in every regard!

He's correct in regards to no political will to cut spending.

Wrong to assume growth without real spending cuts will take care of debt and deficits
« Last Edit: October 13, 2017, 08:39:04 pm by LMAO »
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"I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them." Barry Goldwater

https://www.usdebtclock.org/

Offline Bigun

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #5 on: October 13, 2017, 08:38:21 pm »
Quote from: LMAO on October 13, 2017, 08:36:05 pm
He's correct in regards to no political will to cut spending.

Wrong to assume growth will take care of debt and deficits

I respectfully disagree in toto!  IF we got our own house in order with regard to tax and fiscal policy it would happen in short order!
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Scientists, like all discoverers of truth, have always asked, "What?” “How?” “Why?” “What if?” and “Why not?” Questioning science is science.

Jaeger, John . Brilliant Creations : The Wonder of Nature and Life (p. 5). Kindle Edition.

Offline endicom

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #6 on: October 13, 2017, 08:41:09 pm »
I'll take both, Mick.
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Offline InHeavenThereIsNoBeer

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Re: OMB Director Mulvaney: Growth, Not Spending Cuts, Will Solve Debt, Deficit Problem
« Reply #7 on: October 13, 2017, 08:44:51 pm »
Nope.  The problem with spending is not only the amount, but the attitude that perpetual deficit spending is acceptable.

We can't grow our way out of debt if we'll just spend the additional tax revenues (and more).
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My avatar shows the national debt in stacks of $100 bills.  If you look very closely under the crane you can see the Statue of Liberty.
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