Americans DON'T want the debt ceiling raised

Andrea Mitchell Dismisses NBC News Poll Finding Americans Don?t Want to Raise Debt Limit | NewsBusters

Very interesting situation here. Has America finally woke up? Doesn't look like dems will be able to clobber the republicans over the head with this this time.
Americans are dumbasses who are clueless about the ramifications.

Ask the American people:

Should we raise the debt limit, or would you like to see your 401k accounts lose 50% of their value?

Then see what they say.

You are absolutely right for once and that's how we ended up with this completely fucking clueless moron as a president.
 
That doesn't answer what I asked. 40% of Medicare is currently paid for above and beyond what the payroll tax covers.

That means 40% of Medicare is paid from the general fund. The general fund is paying 1/3 (roughtly) of its bills with borrowing.

If you freeze the debt ceiling, that 1/3 of the spending has to stop, assuming you don't raise the revenue stream somewhere.

1/3 of 4/10s (aka 40%) is what? 13%? Close enough. How many people currently support cutting Medicare 13% overnight?

And that's just one example.

Want to look at the defense budget example next?????

Yes! And I want to slash that too

You're never going to get the votes to cut the defense budget by a third.
Not when the military industrial complex has spent decades making sure that each district has something at stake.

I'll bet that every single person on this site can point to military spending in their Congressional district, that, if removed, would cause economic hardship.

They planned it that way.

Rand Paul wants to cut spending? Let him put Kentucky military bases on the chopping block first.
 
the debt is a problem.

but we have to solve this problem in a rational and logical way.

slowly, surely, and progressively bring down the deficit till its zero.

that means more revenue and less spending.

Much more revenue and much less spending!

We need to raise the top rates to 75% on all incomes over $1 million regardless of source (ie dividends).
No matter what the rate is, the government essentially collects the same revenues – roughly 18 percent of GDP if I am not mistaken. 3What do you think that means when you jack the rate up to 75% in relation to GDP.

Hmm, note that would be a VERY bad thing.
This rate will drop back to 50% once the national debt is back to zero. It will automatically kick back in as soon as the national debt grows again.
This tells me that you don’t really understand what the debt is or means. Here is a hint: check what would happen to the money supply should our debt go to zero. Note, this will also be a VERY bad thing.
We need to eliminate the income cap on social security.
No, we certainly do not. We do NOT need another income redistribution scheme to stick it back to those evil rich people. You want to fundamentally change the purpose of SS to take from some to give to others. The problems with SS have absolutely nothing to do with a lack of taxing. They are related to the fact that the ‘insurance’ is fundamentally based on a pyramid system and that, by its very nature, is fundamentally flawed.
We need to phase out all corporate subsidies across the board.
The first reasonable thing that you have stated. Corporations were never meant to collect government cheese and it should be outright illegal to do so.

We need to impose a means test for Medicare.
I could get behind something like this though I think it will be flawed by the basic fact that many retired that might be very well off still don’t actually get an ‘income’ as well as the fact that it will be very easy to hide that income.
We need to reduce defense spending by 50% to bring it back to pre-9/11 levels.
Another think I could get behind. The task would not even be that difficult if congress was willing to let go of the pet projects (not going to happen though).
We need to gradually transfer social programs like public schools and Medicaid back to the states (and return their current share of federal taxes).
Another BIG one. The states need to get back to managing and paying for the programs that belong to the. This one is easy in theory and almost impossible in practice to implement though. All we have to do is eliminate block grants entirely and let the state’s tax that income rather than the feds. Unfortunately, the feds will never go for that considering the massive loss in centralized power that would cause.
 
We have two obvious paths.

One, do nothing, invest in nothing the way Republicans want.

Or

Invest in education and infrastructure and get America moving again the way Democrats want.

Republicans have ran on a message of "do nothing" for the last two elections. Not a good message.

Why are gas prices so volatile pussy?
How do you mean 'volatile'? Explain.

Or does volatile to you mean 'high'?
 
We have two obvious paths.

One, do nothing, invest in nothing the way Republicans want.

Or

Invest in education and infrastructure and get America moving again the way Democrats want.

Republicans have ran on a message of "do nothing" for the last two elections. Not a good message.

Why are gas prices so volatile pussy?


The Military-Industrial-Petrol-Tech complex likes it that way.
No, Exxon/Chevron/Shell likes it that way.
 
Americans DON'T want the debt ceiling raised
.

Bullshit.

The US is a welfare/warfare state.

Politicians are more willing to please the constituencies who depend on both programs.

Obama is happy pleasing the welfare recipients and he is also very comfortable redistributing income to the military industrial complex.

Demagogue politicians don't give a shit - they want power . Parasites don't give a shit , they want the politicians to loot and plunder by whatever means are necessary.
 
reducing spending can be easily achieved if the formula used to increased that very spending every year should be changed - with a permanent cap on the amount of money being spent on the department and it's employees to provide cervices with a possibility of roll-over money from year to year if they SAVED some. the enormous waste in the government and not only government is because they have this idiotic financial frame - if you did not use your funds allocated for the current financial year, they will be cut the next one - and therefore departments just throw the money out the window on ANYTHING in order not to have any cuts next year.

This stupidity never happens in a small business - where everything is in plain sight and if some costs can be saved - that is GOOD
 
Americans DON'T want the debt ceiling raised
.

Bullshit.

The US is a welfare/warfare state.

Politicians are more willing to please the constituencies who depend on both programs.

Obama is happy pleasing the welfare recipients and he is also very comfortable redistributing income to the military industrial complex.

Demagogue politicians don't give a shit - they want power . Parasites don't give a shit , they want the politicians to loot and plunder by whatever means are necessary.


Agreed. But I'll note that the military industrial complex has a third pillar now: Big Tech. The Surveillance-Police state is highly dependent upon surveillance tech, and GOOG, FB, ORCL etc. are very happy to comply and profit from it.
 
Andrea Mitchell Dismisses NBC News Poll Finding Americans Don?t Want to Raise Debt Limit | NewsBusters

Very interesting situation here. Has America finally woke up? Doesn't look like dems will be able to clobber the republicans over the head with this this time.
Americans are dumbasses who are clueless about the ramifications.

Ask the American people:

Should we raise the debt limit, or would you like to see your 401k accounts lose 50% of their value?

Then see what they say.

You are absolutely right for once and that's how we ended up with this completely fucking clueless moron as a president.
Huh?!?


What do actual facts about the debt ceiling have to do with Obama's election?

Please answer BEFORE your next Jack Daniels, please.
 
Americans are dumbasses who are clueless about the ramifications.

Ask the American people:

Should we raise the debt limit, or would you like to see your 401k accounts lose 50% of their value?

Then see what they say.

You are absolutely right for once and that's how we ended up with this completely fucking clueless moron as a president.
Huh?!?


What do actual facts about the debt ceiling have to do with Obama's election?

Please answer BEFORE your next Jack Daniels, please.

True that he is not seeking re-election.

But he is also a democrat, the standard bearer and wants Hillary in the WH. Someone who is going to support and defend Obama Hellcare.

.

.
 
the debt is a problem.

but we have to solve this problem in a rational and logical way.

slowly, surely, and progressively bring down the deficit till its zero.

that means more revenue and less spending.

Much more revenue and much less spending!

We need to raise the top rates to 75% on all incomes over $1 million regardless of source (ie dividends). This rate will drop back to 50% once the national debt is back to zero. It will automatically kick back in as soon as the national debt grows again.

We need to eliminate the income cap on social security.

We need to phase out all corporate subsidies across the board.

We need to impose a means test for Medicare.

We need to reduce defense spending by 50% to bring it back to pre-9/11 levels.

We need to gradually transfer social programs like public schools and Medicaid back to the states (and return their current share of federal taxes).

mostly a good list, but that would end the country. It's odd how people don't get the basic undeniable fact that if you take 75% (in this case) of someones wealth they will in fact either produce less due to less overall capital (less jobs) or move their money out of the country.

You are missing a couple of factors.

1. No one is confiscating any "wealth". This is a temporary tax on income only and it falls away as soon as the national debt is gone and acts like an incentive for a balanced budget.

2. The growth of jobs is inversely related to the highest income rates. When you lowered rates jobs disappeared. When rates were high there were plenty of jobs. The math doesn't lie.

3. I forgot to add penalties for anyone moving their funds offshore. 50% should work. Thanks for the reminder.
 
We have two obvious paths.

One, do nothing, invest in nothing the way Republicans want.

Or

Invest in education and infrastructure and get America moving again the way Democrats want.

Republicans have ran on a message of "do nothing" for the last two elections. Not a good message.

Why are gas prices so volatile pussy?
How do you mean 'volatile'? Explain.



Or does volatile to you mean 'high'?
Are you rderp? It's a carry over fr9m anothwr thread cause the coward ran from the discussion just like you ignored my response to you in this thread.
Americans are idiots cause they want the debt under control according to you. But for some reason the same logic doesn't apply to the election of the inept one. Go figure
 
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Yes, the govt would have to make do with the income that it has. Some agencies would be shut down, but not the entire govt. Priorities would have to be established. The most important govt functions would get the money and the less important ones would not.

Do you honestly think that the govt can continue increasing the debt forever?

That doesn't answer what I asked. 40% of Medicare is currently paid for above and beyond what the payroll tax covers.

That means 40% of Medicare is paid from the general fund. The general fund is paying 1/3 (roughtly) of its bills with borrowing.

If you freeze the debt ceiling, that 1/3 of the spending has to stop, assuming you don't raise the revenue stream somewhere.

1/3 of 4/10s (aka 40%) is what? 13%? Close enough. How many people currently support cutting Medicare 13% overnight?

And that's just one example.

Want to look at the defense budget example next?????

there is clearly 33% waste in DOD. I worked in the defense industry for over 40 years, I could personally find 25%.

and yes, cut medicare by 1/3. cut everything by 1/3.

sooner or later that is going to have to be done. Better now than when the debt is 50 trillion.

you know, somehow the country survived without medicare, medicaid, welfare, food stamps, NPR, PP, the EPA, DOE, etc for many years.

we have allowed the role of govt to far exceed what the constitution mandates. Much of it needs to be stopped.

and yes, I care about poor people and sick people------thats what charities and churches are for.

No you don't care about the poor and the sick. If you believe that the inadequate relief that churches and charities provide to the needy is enough,

you can't possibly care about them. But hey, you're entitled to not care about them...

...but you really don't deserve to be able to lie about it and go unchallenged.
 
Why are gas prices so volatile pussy?
How do you mean 'volatile'? Explain.
Are you rderp? It's a carry over fr9m anothwr thread cause the coward ran from the discussion just like you ignored my response to you in this thread.


Or does volatile to you mean 'high'?

Americans are idiots cause they want the debt under control according to you. But for some reason the same logic doesn't apply to the election of the inept one. Go figure


False, Mr. Reading-Impaired.

Americans are idiots because they think that not raising the debt ceiling = stopping spending.
 
How do you mean 'volatile'? Explain.
Are you rderp? It's a carry over fr9m anothwr thread cause the coward ran from the discussion just like you ignored my response to you in this thread.


Or does volatile to you mean 'high'?

Americans are idiots cause they want the debt under control according to you. But for some reason the same logic doesn't apply to the election of the inept one. Go figure


False, Mr. Reading-Impaired.

Americans are idiots because they think that not raising the debt ceiling = stopping spending.

Are you dense? They are morons for not understanding something so simple but they aren't for electing an unknown on his bloviating alone?

You are a moron just stfu
 
Americans are idiots cause they want the debt under control according to you. But for some reason the same logic doesn't apply to the election of the inept one. Go figure


False, Mr. Reading-Impaired.

Americans are idiots because they think that not raising the debt ceiling = stopping spending.

Are you dense? They are morons for not understanding something so simple but they aren't for electing an unknown on his bloviating alone?

You are a moron just stfu
Obama was vetted for over 2 years before he demolished McCain.

America liked what they saw, and rehired him.

Why do you hate democracy?
 
Why are gas prices so volatile pussy?
How do you mean 'volatile'? Explain.



Or does volatile to you mean 'high'?
Are you rderp? It's a carry over fr9m anothwr thread cause the coward ran from the discussion just like you ignored my response to you in this thread.
Americans are idiots cause they want the debt under control according to you. But for some reason the same logic doesn't apply to the election of the inept one. Go figure

YES.:lol:
 

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