I agree that the austerity measures that need to occur will be crippling to the economy in the short term. I think all who advocate significant reduction in govt. spending agree, also. The point is that the longer we go overspending, the harder we will fall when we finally make the necessary corrections, and the current track is unsustainable.
Guess they don't have no computers up there in Washington by the amount of trees they burned up to print them there budget books. Add more more for printing to that multi trillion dollar budget.
Thank God we elected the Tea Party Republicans in Nov. 2010. They will put a stop to the Gangsta O's budget. President Flop Ears, your credit card has been declined!!!
@12:47: The amazing thing is that folks tend to use the fall of the Roman Empire to support whatever argument they are making.
To hear people tell it, the Roman Empire fell because women left the home. no, it was because they had too many languages. No, it was because foreigners came. No, it was because they invaded other countries. It was because they had sex outside marriage. It was because... No...
Anyway, it's a great Rorschach Ink Blot test for whatever one's point might be.
Katy, you refer to spending bills that must originate in the House and go to the Senate before being sent to the President for signing or vetoing. The President's proposed budget is just that - a proposal. This process is bogged down by folks who want stuff but don't like paying taxes for them. Social Security, Medicare/Medicaid and Defense sop up nearly all current income. If you want the FBI, FAA, NASA, FDA, Parks, Indian obligations, clean water, air, food, boarder control, highways, and well, lots of other stuff - someone has to pay or give up these services.
3:29, Do I assume that the "income" you refer to is tax revenue collected by the fed. govt.? If so, I had understood that 48% of revenues collected today go to pay INTEREST only on the federal debt. Can we "give up that service"? How about "tax rebates" for those who pay no income tax? How about reducing travel expenses for Congress members and Washington bureacrats? How about supporting millions who are able but unwilling to support themselves, "and well, lots of other stuff" like that, and then let's see where we can agree to go from there.
"A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship. The average age of the world's greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence:
From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to complacency; From complacency to apathy; From apathy to dependence; From dependence back into bondage"
Why can't libs understand that you can't spend your way out of debt? Nothing is free. Someone has to pay. In this case, it is our children and grandchildren. And for what? Gay rights, welfare, more unemployement checks, foreign aid, etc...
26 comments:
It will get ZERO votes just like his last one...
But the Senate hasn't proposed one in over three years.
I agree that the austerity measures that need to occur will be crippling to the economy in the short term. I think all who advocate significant reduction in govt. spending agree, also. The point is that the longer we go overspending, the harder we will fall when we finally make the necessary corrections, and the current track is unsustainable.
Guess they don't have no computers up there in Washington by the amount of trees they burned up to print them there budget books. Add more more for printing to that multi trillion dollar budget.
Aren't these things supposed to originate in the House?
Only 1.8 Trillion in tax increases?
A budget “promising major investments to spur a manufacturing revival”. Am I reading a proposal from Karl Marx and Friedrich Engels's.
Thank God we elected the Tea Party Republicans in Nov. 2010. They will put a stop to the Gangsta O's budget. President Flop Ears, your credit card has been declined!!!
Katy, Seriously you want the House or Senate to come up with a budget?? If the have an "R" after there name all they will do is vote NO anyway.
It is plain to see how the Roman Empire rose and fell. The more things change, the more they remain the same. God help us.
1158 - Google "republican budget" and see if you can find a couple of recent Republican budget proposals among the 221,000,000 hits.
@11:58: Regardless of what i want, I was thinking the Constitution might have said something about where these bills originate...
What's the difference between Whitney Houston and a 1965 Chevy Impala.
The Impala will hit 50.
How to kill the American economy: let the government take all the money and control business in the process...
@12:47: The amazing thing is that folks tend to use the fall of the Roman Empire to support whatever argument they are making.
To hear people tell it, the Roman Empire fell because women left the home. no, it was because they had too many languages. No, it was because foreigners came. No, it was because they invaded other countries. It was because they had sex outside marriage. It was because... No...
Anyway, it's a great Rorschach Ink Blot test for whatever one's point might be.
Maybe everyone's theory is right.
I weep for the species.
I thought it was because they had lead-lined aqueducts.
Anyway, our Republic will fail because of retards like Big Tex (an appellation I'm sure the WT girl in his picture disagrees with).
Rage
Katy, you refer to spending bills that must originate in the House and go to the Senate before being sent to the President for signing or vetoing. The President's proposed budget is just that - a proposal. This process is bogged down by folks who want stuff but don't like paying taxes for them. Social Security, Medicare/Medicaid and Defense sop up nearly all current income. If you want the FBI, FAA, NASA, FDA, Parks, Indian obligations, clean water, air, food, boarder control, highways, and well, lots of other stuff - someone has to pay or give up these services.
3:29, Do I assume that the "income" you refer to is tax revenue collected by the fed. govt.? If so, I had understood that 48% of revenues collected today go to pay INTEREST only on the federal debt. Can we "give up that service"? How about "tax rebates" for those who pay no income tax? How about reducing travel expenses for Congress members and Washington bureacrats? How about supporting millions who are able but unwilling to support themselves, "and well, lots of other stuff" like that, and then let's see where we can agree to go from there.
Somebody (next election ) needs to tell Obammy not so fast with our money nigga.
Most of the ideas and capital are avoiding/leaving the USA.
We are no longer a place to do business. Regulation and risk are too high. Soon we will be a country made up of government and service jobs.
The threat of a democracy is coming true...people voting themselves more "entitlements" than the economy can possibly provide.
For these reasons, we are headed toward the fate of Greece, et al.
At some point soon, each person will owe more, on average, to the national debt, then they do on their mortgage.
Congratulations.
7:00, you have read Tytle:
"A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship. The average age of the world's greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to selfishness;
From selfishness to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage"
Yep Big Tex, those teabaggers sure did a bang up job in Austin. They got their cuts via education. In other words, off the backs of the little kids...
Big Tex and his ilk will be giving our jobs to BIG MEX after all the outsourcing.
7:00 and 9:41 are watching Greece fall apart.
Why can't libs understand that you can't spend your way out of debt? Nothing is free. Someone has to pay. In this case, it is our children and grandchildren. And for what? Gay rights, welfare, more unemployement checks, foreign aid, etc...
Surley someone can find places to cut the budget.
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