Michael.Paul
Rookie
- Nov 30, 2012
- 34
- 9
<-------this guy proposes an actual idea and everyone else continues on "chatboard hero" and you wonder WTF is wrong with our country.
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Cut Obamacare.
Wow, even the President agrees that a balance approach, increase in revenue and spending cuts is the only real solution. So who are the 5%ers and why should I care?
lol, yeah those are the WORDS HE SAYS..
NOW go look what Geithner presented...Obama LIED and is a liar...sorry to burst your bubble
and one other thing people, Obama doesn't care what you think
here is how to fix this overnight. take every government program and expenditure and convert it to a percentage of total federal revenue. at that point congress and the president are only debating the percentages of what goes where. oh, and no more borrowing. living beyond our means infinitely no matter who presides over it is obviously unsustainable.
Nope, that won't work with a capitalist economic system. Capitalism REQUIRES eternal economic growth--and that requires a growing money supply. Since our federal reserve system creates money by issuing debt (not by operating printing presses, as is commonly assumed), we must necessary engage in borrowing to some extent.
Some suggest that the recession of the early Bush years originated from a budget surplus (deflationary) and tight fiscal policies of the fed (high interest rates).
It's not like a household budget at all, so don't ever compare them.
Wow, even the President agrees that a balance approach, increase in revenue and spending cuts is the only real solution. So who are the 5%ers and why should I care?
lol, yeah those are the WORDS HE SAYS..
NOW go look what Geithner presented...Obama LIED and is a liar...sorry to burst your bubble
and one other thing people, Obama doesn't care what you think
Show me where either one said absolutely no spending cuts!
"
Too bad they all voted for the man whos offering a rather more unbalanced approach than Republicans. And, you read that right double the number of Obama supporters want to deal with the deficit entirely by cutting spending than want to do it entirely by raising taxes.
In other news, voters still hate ObamaCare, especially independents."
Polls: Nation that re-elected Obama wants more spending cuts than tax hikes, still hates Obamacare « Hot Air
Cut Obamacare.
I thought you cared about our deficit? Ending the ACA would add $143 billion to the deficit over 10 years.
http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/113xx/doc11379/amendreconprop.pdf
ok...
is anyone talking about tax hikes without spending cuts?
Are you serious?
The President's plan is exactly that. It "calls" for $400bn in unspecified cuts...which absolutely means cuts that will never happen regardless of what party is in power. Unspecified cuts for over 50 years never - ever - happen.
So yes, that is exactly what Obama proposed to address the deficit - spend more. Because the spending increases always happens.
that's not true... there are cuts.
but he isn't going to bid against himself. he learned that when he does, the teatards just want more.
i think he knows... it will come out something like simpson bowles...
Cut Obamacare.
I thought you cared about our deficit? Ending the ACA would add $143 billion to the deficit over 10 years.
http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/113xx/doc11379/amendreconprop.pdf
you are aware, of course, that the CBO takes the data given to them by the white house and pewrforms an analysis WITH THAT DATA...it does not perform an analaysis to see if the data is accurate.
And you are aware that subsequent to that CBO alanlysis it was found that the White house inadvertantly added in a half a trillion dollars twice.....yes....an extra 500 billion.....
So that pretty much takes that 143 billion deficit and turns it into a SURPLUS of 357 billion over 10 years without the ACA....
Of course, you are aware of this....no?