The conversation is about the economy. How are those cuts going to create jobs?
I'm for raising taxes when we get out of the weeds. I'm also for cutting defense. Is it not legitimate to question the absolute load of spending that the remaining taxpayers pay and what "shovelready" projects that money is used for? That is an extreme position? Really?
Sure it's legitimate. The problem is when you about the ever growing deficit then vote to extend deficit spending.
There is no 'out of the weeds' with just spending cuts. Doesn't happen and doesn't exist. Heck, the guys at the very very top haven't been 'in the weeds' to begin with, but they pay less in taxes on their dividends than you or I do for breaking our backs.
If you want to talk about meaningful reform, let's start talking about closing loopholes, and stopping trillions in taxes from sitting overseas.
Ryan wants to reduce spending by cutting more taxes and not touching defense spending. That's not serious.
While I may agree with the sentiment, I don't agree with the figures. I'm starting to wonder if people really know what "trillion" means.
Our govt spends 10 billion per day! So, a trillion currently pays our bills for 100 days. That's ing insane.
So, our operating costs are about $32 dollars/day for every man/woman/child in the US. Anyone think that's a little high? Anyone want to calculate what that is per month per person? It's ing crazy.
It has to be said that you also need to account for inflation to that. What you could buy with $500 billion in 1980 will cost you $1.3 trillion today. That's why comparing spending from different eras, unless you account for inflation, it's not really useful.
The FIRST step you need to stop deficit spending is balance the budget. It will not stop it entirely because you'll still have intra-government debt from trust funds which also will need reforms, and won't probably kick in right away. So it's something that will take some time, and it will take a lot of serious reforms, spending cuts and more revenue.
As it is right now, neither side will be tackling this though. They're too concerned with the next election or how they're politically perceived.
With all that anger you must have never gotten laid; not even by your priest.
It's not just the spending. We're also using borrowed money to pay for that, so you have to tack in interest.
Call me crazy, but I think over $900/month for every person in America is excessive. That's like two very high-end car payments. If I'm wrong, please tell me. I hope I'm wrong, because that amount is bat crazy.
I don't think wasteful spending isn't acknowledged by both sides. I think the problem is agreeing in what needs to be cut and where the money to balance things is going to come from.
What were you exactly saying when it was a democratic congress his first two year???. Was the gorilla not obvious then? You must've been extremely irked that nothing happened then.
It does normally irk me when nothing happens. You can go back and look at my posts for the last congressional elections and I wanted the GOP to win both chambers if possible. Rarely, if ever, stuff that makes sense gets done when you only have one side governing.
Polls used to say 26% of people belonged to, or sympathized with tea baggers.
After the tea baggers' false crisis of the debt ceiling debacle, the number is down to still ignorant, duped 18%.
Still, every single, gutless, intimidated Repug wannbe-Prez said they would, tea bagger style, reject $10 in cuts if matched with just $1 in tax increases.
lol not even by your priest
More like one tbh.
Where did you get those figures?
The govt currently runs on 10 billion per day and there are roughly 310 million people in the US.
Where did you get those figures?
How much of that pays federal wages?
Govt employee salaries didn't cause the federal debt, and didn't cause the Banksters' Great Depression.
Going after (unionized) federal employees is for people who are suckered by lies and propaganda spewed by VRWC govt-busting, employee-busting, union-busting strategy.
Going after federal employees is a VRWC distraction and smokescreen for the looting, pillaging of the USA by UCA and financial sector.
Last edited by boutons_deux; 08-13-2011 at 04:17 PM.
Its a gross generalization unrepresentative of pretty much anything and extra special dumbed down for your reading pleasure.
Where did you get those figures?
I never said it did. The 10 billion per day is all our bills lumped together. A 3.7 trillion budget.
St Ronnie couldn't bust govt, dubya made is a LOT BIGGER, so why don't you worry about something a LOT closer to home, like health insurance for family of 4 hitting 20K+/year in a few years.
The Feds aren't in that loop at all.
It's strictly greedy health providers and insurers taking care of their mgmt and stockholders. aka the "costs of health care"
A good chunk of that is interest payment. You can't really cut that.
Something in the neighborhood of 18% and that is not the only areas that are contractual obligations. For example, even for the most ardent isolationists there are facets of NATO that we just cannot just do away with without violating the treaty.
You're really making me feel better about this. Maybe we can get a low interest consolidation loan.
It's not about feeling better or worse. If defaulting isn't an option, you have to honor your debts.You're really making me feel better about this. Maybe we can get a low interest consolidation loan.
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