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  1. #11  
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    Quote Originally Posted by Constitutionally Speaking View Post
    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.
    No he does not!

    Even a freeze would not balance the budget because of increases in items like S.S., which will increase 5% for retirees, increases in Medicare and Medicaid, increases on the interest on the national debt, etc. Around 70 % of the budget is set in stone. The remainder can be cut like defense and the military .

    There is no way that a Democratic controlled congress is going to allow the President to cut any social programs or give aways like NPR and the Arts. The President might be able to consolidate agencies but eliminating any program, grant, farm subsidy, etc will be a hard sell.

    Politicians have not figured out that revenues from Federal Income Tax will be down this year. Millions will be taking credit on their return for$3k capital losses on their stocks. With unemployment up, the total amount of refunds issued for 2008 will be greater than previous years.

    The balanced budget sounds good; I don't blame the Repubs for playing the same game as Obama. Obama promises pie in the sky and money falling from heaven which in reality means I am going to stick it to you middle and upper class suckers if I am elected. .
     

  2. #12  
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    Y'know LP..I am half tempted to see if we can find you a campaign manager, so you can run for office :p

    Tell ya what...you can have Cynthia McKinney :D:D
     

  3. #13  
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    Quote Originally Posted by Troll View Post
    A question though: What are 'the most vital functions of government'? That's a weasel statement if I ever saw one.
    Oh you know, just the critical stuff. Like the military, and social security, and medicare, and medicaid, and education, and the highways, and farm subsidies, and foreign aid, and the war on terror, and NASA, and various bits of discretionary spending.
     

  4. #14  
    Senior Member Constitutionally Speaking's Avatar
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    Quote Originally Posted by LogansPapa View Post
    "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.

    But she didn't say they would get rid of the debt. She said they would get rid of the deficit.
    I long for the days when our President actually liked our country.
     

  5. #15  
    Senior Member Constitutionally Speaking's Avatar
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    Quote Originally Posted by lacarnut View Post
    No he does not!

    Even a freeze would not balance the budget because of increases in items like S.S., which will increase 5% for retirees, increases in Medicare and Medicaid, increases on the interest on the national debt, etc. Around 70 % of the budget is set in stone. The remainder can be cut like defense and the military .

    There is no way that a Democratic controlled congress is going to allow the President to cut any social programs or give aways like NPR and the Arts. The President might be able to consolidate agencies but eliminating any program, grant, farm subsidy, etc will be a hard sell.

    Politicians have not figured out that revenues from Federal Income Tax will be down this year. Millions will be taking credit on their return for$3k capital losses on their stocks. With unemployment up, the total amount of refunds issued for 2008 will be greater than previous years.

    The balanced budget sounds good; I don't blame the Repubs for playing the same game as Obama. Obama promises pie in the sky and money falling from heaven which in reality means I am going to stick it to you middle and upper class suckers if I am elected. .

    I did not say freeze spending. Freezing at current levels will not balance the budget in a year. CUTTING spending could - if you cut enough.
    I long for the days when our President actually liked our country.
     

  6. #16  
    Senior Member LogansPapa's Avatar
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    Quote Originally Posted by Constitutionally Speaking View Post
    But she didn't say they would get rid of the debt. She said they would get rid of the deficit.
    One does not feed the other? And she didn't use the larger number to make the smaller seem more powerful? Come the fuck on and wake up!
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
     

  7. #17  
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    Quote Originally Posted by LogansPapa View Post
    "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.
    As in; You're full of. The VEEP candidate said she would "confront" the debt. She did not say she would pay the debt to zero. You are misrepresenting what she said.
    Education without values, as useful as it is, seems rather to make man a more clever devil.
    C. S. Lewis
    Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
    Ayn Rand
     

  8. #18  
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    She bit off more then she can chew and said something dumb; what you want LP, a cookie? Call me when Senile Joey knows that JOBS is a 4 letter word and not a 3 letter word. :p
    "Don't vote. It only encourages the bastards." -PJ O'Roarke
     

  9. #19  
    Senior Member marinejcksn's Avatar
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    Quote Originally Posted by FeebMaster View Post
    Oh you know, just the critical stuff. Like the military, and the highways, and NASA, and various bits of discretionary spending.
    Fixed. Rest of that stuff isn't vital functions of government, just bloated shite we can't afford and shouldn't have. :)
    "Don't vote. It only encourages the bastards." -PJ O'Roarke
     

  10. #20  
    Senior Member Constitutionally Speaking's Avatar
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    Quote Originally Posted by LogansPapa View Post
    One does not feed the other? And she didn't use the larger number to make the smaller seem more powerful? Come the fuck on and wake up!

    I guess we just disagree. I believe she said she would take on the DEBT, and a step in that process is balancing the budget (eliminating the deficit) - and actually achieving a real surplus.


    I just don't see how that would raise any questions - except when considering the politics of the situation. The liberal spending tendencies of both parties simply will not allow it.
    I long for the days when our President actually liked our country.
     

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