A Balanced Budget, Sarah?

[LogansPapa]

Complete transcript of Sarah Palin's Cape Girardeau speech
Friday, October 31, 2008
Southeast Missourian


We're gonna make sure that they're secure and our economic plan too. It will help all of us afford good health care and its gonna help our students afford to pay college, thats for our students and our plan includes confronting the $10 trillion debt that the federal government has run up, $10 trillion that we are in debt and we're expected to pass that on to our children and have them pay that off for us. Again that's not right, that's not fair, that won't happen on our watch.


John and I will impose a spending freeze to cover all but the most vital functions of government and we will balance the federal budget by the end of our first term.

WTF

[Ree]

What part don't ya understand?

[hampshirebrit]

All of it that wasn't in English... in other words, all of it.

It would have helped if the economics would have stacked up, but they didn't.

The whole thing is complete babble.

[LogansPapa]

What part don't ya understand?

I don't know Yoda, perhaps the $74,565.00 per American taxpayer debt magically evaporating 50 months from now. Please feel free to educate me on the math of exactly how that will happen.

[Troll]

John and I will impose a spending freeze to cover all but the most vital functions of government and we will balance the federal budget by the end of our first term.

Do you have any spaceships for sale?

A question though: What are 'the most vital functions of government'? That's a weasel statement if I ever saw one.

[LogansPapa]

About $1,250 a month for every taxpayer going to fly out of her pretty little butt? :p

[Constitutionally Speaking]

I don't know Yoda, perhaps the $74,565.00 per American taxpayer debt magically evaporating 50 months from now. Please feel free to educate me on the math of exactly how that will happen.

You do know the difference between debt and deficit, right???

She talked about two different issues under the same topic.

She said she will confront the debt by taking on the deficit and balance the budget (deficit) within 4 years. I could balance the budget in a single year, but the special interests and the welfare state supporters would scream bloody murder. That simply requires that we stop spending. That would STILL leave us with the same debt - plus interest. To tackle that, we would need to not just end the deficit, but run an ACTUAL surplus.


This is not that I believe they actually will balance the budget, but that part is not difficult to do - in theory. In practice, it is POLITICALLY very difficult to do. The Dems would bring out the "grandma has to eat dog food" commercials and the like. The Republicans would bemoan the farm subsidies etc.

[Sonnabend]

John and I will impose a spending freeze to cover all but the most vital functions of government and we will balance the federal budget by the end of our first term.

Her extensive experience handling billion dollar budgets will stand her in good stead then.

Go Sarah :)

[AmPat]

John and I will impose a spending freeze to cover all but the most vital functions of government and we will balance the federal budget by the end of our first term.

I thought most if not all states had balanced budgets.

My state (TN) has it and if we can do it, the USA can also. Paying off the debt is a different matter. Much easier to pay off debt when you actually have a budget. The US gov't has a blank check. That has to stop.

[LogansPapa]

You do know the difference between debt and deficit, right???

"and our plan includes confronting the $10 trillion debt that the federal government has run up, $10 trillion that we are in debt and we're expected to pass that on to our children and have them pay that off for us."

Yes, I understand the difference between bullshit and horseshit - but it's still shit.