The Deficit

#26
#26
lawgator1 said:
1. No one is defending deficit spending. Ideally, we would not have to do it. Reality is that from time to time we do. We've been here before and gotten out of it. I'm betting we can, again.
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anyone defending Obama's policies is doing just that. Without showing how we are going to pay for this massive increase in gov't program the current admin has basically said it's ok.

lawgator1 said:
3. Long-term, the three biggest threats to fiscal stability are Social Security, Medicare, and defense spending. Social Security and Medicare we can reasonably estimate how bad its going to get. Defense spending is obviously much more uncertain. Everyone has their pet projects and payoffs within those programs. Everyone has their sacred cows.
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unfortunately those 3 have probably the biggest presence in DC. The gov't will have to raise revenue somehow to fund at least 2 and we all know where that will come from (our kids will see rates in the 60-60% range to pay for it without changes)
 
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#28
#28
lawgator1 said:
1. No one is defending deficit spending. Ideally, we would not have to do it. Reality is that from time to time we do. We've been here before and gotten out of it. I'm betting we can, again.

The HC program Obama enacted is a program that will get more and more expensive as it runs through it's various phases, unless defunded it will only get more and more expensive.

2. It is neither fair nor accurate to blame the size of the current deficit solely on Obama or Democrats. All parties are to blame. You can point to a particular snapshot in time and argue one is more at fault than the other (is it Democratic overspending? Is it GOP deregulation causing economic problems? Is it Republican overspending? Is it Democrat-sponsored tax cuts?), but that's just a circular debate that gets us nowhere fast.

3. Long-term, the three biggest threats to fiscal stability are Social Security, Medicare, and defense spending. Social Security and Medicare we can reasonably estimate how bad its going to get. Defense spending is obviously much more uncertain. Everyone has their pet projects and payoffs within those programs. Everyone has their sacred cows.

Would love to see a politician who calls it like it is, who won't say what he/she has to in order simply to get elected and will propose specific reforms and cuts.

Never happen.
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As for the last part I sincerely doubt you would if he or she were republican. You lap up and ooze democrat talking points so often that it's very hard to believe that true.
 
#29
#29
they just like to hand out money apparently

News rater, anti-Palin group get govt Gulf work - Yahoo! News

The federal government hired a New Orleans man for $18,000 to appraise whether news stories about its actions in the Gulf oil spill were positive or negative for the Obama administration, which was keenly sensitive to comparisons between its response and former President George W. Bush's much-maligned reaction to Hurricane Katrina.

The government also spent $10,000 for just over three minutes of video showing a routine offshore rig inspection for news organizations but couldn't say whether any ran the footage. And it awarded a $216,625 no-bid contract for a survey of seabirds to an environmental group that has criticized what it calls the "extreme anti-conservation record" of Sarah Palin, a possible 2012 rival to President Barack Obama.
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no-bid contract? I thought Dems said those were evil
 
#31
#31
CSpindizzy said:
Feds Spent $800,000 of Economic Stimulus on African Genital-Washing Program | CNSnews.com

You gotta love how we spend our money....bar of soap anyone?
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so this study was just to teach them to bathe and not to prevent anything? Amazing

If most of the men in the study wash their genitals after sex, are willing to do so after the study ends, and report that their partners accept the regimen, the researchers will develop another study to see if the “penile cleansing procedure” actually works to prevent HIV infections.
“If we find that men are able to practice consistent washing practices after sex, we will plan to test whether this might protect men from becoming HIV infected in a later study,” the grant says.
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sounds like a good gig if you can get it
 
#33
#33
lawgator1 said:
Is down under Obama in his first full year. By 8 % over Bush.

Intriguing.
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lawgator1 said:
(MarketWatch) - The U.S. government's budget deficit was $91 billion in August, the Treasury Department said Monday, as the federal government again spent more than it brought in.
Receipts were $164 billion, while outlays totaled $255 billion. The August shortfall was 13 percent less than recorded a year ago.
The deficit is nearly $1.3 trillion in the first 11 months of the fiscal year, the Treasury report also showed Monday. That is $111 billion or eight percent lower than the same period in fiscal 2009.
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lawgator1 said:
2. It is neither fair nor accurate to blame the size of the current deficit solely on Obama or Democrats. All parties are to blame. You can point to a particular snapshot in time and argue one is more at fault than the other (is it Democratic overspending? Is it GOP deregulation causing economic problems? Is it Republican overspending? Is it Democrat-sponsored tax cuts?), but that's just a circular debate that gets us nowhere fast.
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You started this by implying that this year's deficit is Obama's and last year's was Bush's. You contradict that in the last quote saying it's no one in particular's fault.

Are you saying the 2009 numbers are not Obama's or are Obama? What exactly about these numbers do you find "intriguing"?
 
#35
#35
volinbham said:
You started this by implying that this year's deficit is Obama's and last year's was Bush's. You contradict that in the last quote saying it's no one in particular's fault.

Are you saying the 2009 numbers are not Obama's or are Obama? What exactly about these numbers do you find "intriguing"?
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And he failed to mention who controlled Congress and thus the purse strings in Bush's last years as well.
 
#36
#36
recoverysummer.jpg
 
#37
#37
utvolpj said:
so this study was just to teach them to bathe and not to prevent anything? Amazing



sounds like a good gig if you can get it
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Of course the current president of post apartheid South Africa thinks if you rape a virgin it will cure aids and he's done a few.
 
#38
#38
lawgator1 said:
Would love to see a politician who calls it like it is, who won't say what he/she has to in order simply to get elected and will propose specific reforms and cuts.

Never happen.
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Ron Paul did this. His cornerstone issue was deficit spending, and listing specific programs...ranging from department of education to overseas bases...that needed to be cut.

The problem is he was bat sh*t crazy on most other things. I was a Ron Paul supporter based on soley on the economic spirit of what he was saying.
 
#39
#39
lawgator1 said:
No, its Obama's first full budget year this year.
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I see. So in spite of the fact that Obama added his stimulus to the 09 budget year you have assigned that year to Bush?

How very... typical... of you.
 
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