Deficit Junkies Run the Elections and Country

[adams101]

I still stand that both party's are totally corrupted beyond repair.

The problem is the deficit junkies make up about 60% of the population. We have 47% that pay zero federal income taxes and use the most entitlements/services. Then we have all the federal employees, federal retirees, military, military retirees, defense contractors, other federal contractors, union pensioners that were bailed out, corporations that were bailed out, retirees of bailed out corporations, banks that were bailed out etc etc etc.

That makes up about 60% of the voting population. How do you ever pass responsible legislation when 60% of the country is dependent on and addicted to deficit spending? If the 60% votes for "its needs", which is deficit spending and corporate corruption, the rest of us are totally screwed. No matter how many of us vote and however passionate or logical we are.

Our politicians are simply a mirror image of the majority of the voting population who are just as crooked and addicted to deficit spending. I don't care if you are sucking up your second $300,000 heart surgery on MediCare, living off insider trading, collecting welfare, sucking up a minority scholarship or hiding in some $80K a year job with Lockheed Martin building weapons of mass destruction. There are just as many white collar dependents as blue collar or ghetto project dwellers. They will fight to "save their piece of the pie" and elect every crook on the planet to support their "cause".

Folks, this is "mob rule" and this mob is taking the country down before it changes. The "party's" are only meaningless vehicles of extortion because the crooked voters keep electing crooked politicians to do their bidding. It is not pure chance we get nothing but crooks in office. It is a pact between the voting majority and the corporate crooks to control the government and extort money from the rest of us. That was why most of us sat with our mouths hanging open when the same crooks got voted back into office in 2008 after orchestrating, executing and covering up the largest transfer of wealth in the history of the world.

I fear NOBODY is going to turn this nightmare around by voting. The deficit dependents far outweigh the non dependents. The dependents are junkies while government borrowing/spending and taxpayer extortion is their heroin. This is why we had every mathematical possibility of a mix between both party's which only render the same results.

As Ben Franklin said "When the people can vote themselves money it will herald the end of the Republic". We have kissed this one goodbye.

[Trinnity]

Mob rule indeed.
"A looting mission for themselves and their friends". -George Wills

[adams101]

The corporate crooks don't have to get rid of bribery, counterfeiting, fraud, larceny, extortion, tax evasion, money laundering, collusion, conspiracy etc etc in our government. They just have to get enough voters benefitting from it to keep it going. It is all "for the people".

[adams101]

I had a feeling this would not be very popular. The majority of this country does not want to look at themselves. Everyone has an excuse to be part of the deficit destroying the country.

[Mainecoons]

I think the only thing wrong with your OP is that you give the voters too much credit by calling them crooked. Dumbed down is more likely the case.

[waltky]

Granny says, "Dat's right - dey's some politicians inna woodpile somewheres...

$240,418,000,000: Feds Collect Record Taxes in May; Still Run $88,246,000,000 Deficit
June 15, 2017 | The U.S. Treasury hauled in $240,418,000,000 in total taxes in the month of May, setting a record for inflation-adjusted tax revenues for that month of the year, according to the Monthly Treasury Statement released this week.

Despite these record revenues, however, the federal government still ran a deficit of $88,426,000,000 in May—because it spent $328,844,000,000 in the month. In the first eight months of fiscal 2017 (October through May), the federal government hauled in $2,169,160,000,000 in total taxes and spent $2,602,013,000,000—thus, running a deficit of $432,853,000,000. Fiscal 2017 will end on Sept. 30, 2017. Prior to this year, fiscal 2006 held the record for most federal taxes collected in the month of May. That year, the Treasury collected $232,837,160,000 (in constant 2017 dollars) during May.

The third largest tax haul the federal government ever achieved in the month of May was last year (fiscal 2016), when the Treasury collected $228,814,030,000 (in constant 2017 dollars.) While the $240,418,000,000 that the Treasury collected this May set a record for federal tax revenues in the month May, federal tax collections in the first eight months of fiscal 2017 (October through May) did not set a record. That distinction is still held by fiscal 2016—the last full fiscal year of President Barack Obama’s tenure.

In October through May of fiscal 2016, the Treasury collected $2,179,362,400,000 in total tax revenues (in constant 2017 dollars). That was $10,202,400,000 more than the $2,169,160,000,000 that the Treasury collected in October through May of this fiscal year. (Tax revenues were adjusted to constant 2017 dollars using the Bureau of Labor Statistics inflation calculator.) The $240,418,000,000 in taxes the federal government collected in the month of May 2017 equaled approximately $1,572 for each of the 152,923,000 people the Bureau of Labor Statistics said had a job in the United States during the month. The $88,246,000,000 deficit the Treasury ran during May equaled approximately $577 for each of the 152,923,000 people with a job.

http://www.cnsnews.com/news/article/...un-88246000000

[waltky]

Granny says, "Dat's right - all dat money an we still in debt...

Feds Collect Record Taxes Through August; Still Run $673.7B Deficit
September 13, 2017 | The federal government collected record total tax revenues through the first eleven months of fiscal 2017 (Oct. 1, 2016 through the end of August), according to the Monthly Treasury Statement.

Through August, the federal government collected approximately $2,966,172,000,000 in total tax revenues. That was $8,450,680,000 more (in constant 2017 dollars) than the previous record of $2,957,721,320,000 in total tax revenues (in 2017 dollars) that the federal government collected in the first eleven months of fiscal 2016. At the same time that the federal government was collecting a record $2,966,172,000,000 in tax revenues, it was spending $3,639,882,000,000—and, thus, running a deficit of $673,711,000,000.

Individual income taxes have provided the largest share (47.9 percent) of federal revenues so far this fiscal year. From Oct. 1 through the end of August, the Treasury collected $1,421,997,000,000 in individual income taxes. Payroll taxes provided the second largest share (35.9 percent), with the Treasury collecting $1,065,751,000,000 in these taxes.

[center]

The $233,631 in corporate income taxes collected in the first eleven months of fiscal 2017 equaled only 8.6 percent of total tax collections. The $21,172,000,000 collected in estate and gift taxes equaled only 0.71 percent of total taxes collected this fiscal year. (Tax revenues were adjusted to constant 2017 using the Bureau of Labor Statistics inflation calculator.)

https://www.cnsnews.com/news/article...-6737b-deficit

[waltky]

Granny says is `cause dem politicians ain't being fiscally responsible...

Feds Collect Record Individual Income Taxes Through July; Still Run $683.9B Deficit

August 13, 2018 - The federal government collected a record $1,415,150,000,000 in individual income taxes through the first ten months of fiscal 2018 (October 2017 through July 2018), according to the Monthly Treasury Statement.

But the federal govenrment also ran a $683,965,000,000 deficit for those ten months, according to the statement. The previous record for individual income tax collections in the first ten months of the fiscal year was in fiscal 2017, when the Treasury collected $1,351,409,020,000 in individual income taxes (in constant July 2018 dollars) in the October through July period.


Despite the record amount in individual income taxes collected in the first ten months of this fiscal year, overall federal tax collections declined in the first ten months of this fiscal year compared to last year. In the October-through-July period of fiscal 2017, the Treasury collected $2,820,673,610,000 in total taxes. In the October-through-July period of this fiscal year, the Treasury collected only $2,766,071,000,000.

While individual income taxes collected in the first ten month of the fiscal year increased from 2017 to 2018, corporation income tax collections declined. In the October-through-July period of fiscal 2017, the Treasury collected $239,013,770,000 in corporation income taxes (in constant July 2018 dollars). In the October-through-July period of fiscal 2018, the Treasury collected $166,004,000,000 in corporation income taxes.


In addition to the individual income taxes and corporation income taxes, the total taxes the federal government collected in October through July included $978,254,000,000 in Social Security and other payroll taxes; $70,755,000,000 in excise taxes; $18,761,000,000 in estate and gift taxes; $32,477,000,000 in customs duties; and $84,688,000,000 in miscellaneous revenues. The federal government ran a $683,965,000,000 deficit in October through July of fiscal 2018 because while collecting its $2,766,071,000,000 in total taxes, it spent $3,450,035,000,000.


https://www.cnsnews.com/news/article...july-still-run