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Where do you get that the debt is being paid down already?
I don't think austerity measures or necessary, but it's crazy to think we don't have to cut spending.
We have record LOW TAXES....
- Thread starter Jarod
- Start date
Where do you get that the debt is being paid down already?
I don't think austerity measures or necessary, but it's crazy to think we don't have to cut spending.
cawacko
Well-known member
Saying you are willing to cut spending and doing it are two VERY different things. Republicans have talked for years about cutting spending and what have they actually cut? Obama talked about cutting spending during his first term and then ignored the Bowles-Simpson recommendations.
When it comes to cutting spending in politics actions speak FAR louder than words.
It's less than when Obama took over...no one said we didn't have to cut spending but that comes from closing out the abuse of the tax code by the rich. Fuck broadening the base BS...for over a decade the money has been funneled to the top. Let them pay their fair share. Now is not the time to cut more funding..we need to fund and cut waste.
Education, Title 10, EPA, etc. etc. they've been starving them and then pointing at them saying they don't work.
SmarterthanYou
rebel
what is it about raising taxes that turns democrats on so much?
He said that in 2007-08....hes had 4 years....record debt......when do the cuts start...???
Still into that 'hopey changey' thing ?
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We're basically bankrupt as a country, and raising taxes on the rich will only pay down a fraction.
Government has to completely overhaul the way money is spent. Defense can be cut by one third; entitlements have to be reformed and revamped. Everything has to change.
cawacko
Well-known member
What have Republicans cut in education? Bush signed NCLB which was massive new federal funding for schools.
I do see the Ryan budget cut EPA funding. I had to pick myself off the floor. For their years of rhetoric Republicans actually cut spending somewhere.
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That's great! I hadn't heard that before at all. Really funny.
No we aren't, that's hype. What 'entitlements' are you talking about reforming and isn't that 'code' for cut. Which 'entitlements'....
On edit...just to refresh,
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I'm not sure how anyone can possibly call it hype. Our deficit is a ticking time bomb; it's at levels no one can really comprehend anymore. We simply can't keep borrowing money at the rate we do.
I'm talking about Social Security and Medicare, since those are the 2 biggest slices of the pie, along with defense. You can privatize one, and reform the other.
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Darla
Ech. I suppose DH will have to come along and educate you, I have to leave for a meeting. We will have to call it ALL In: The Education of Thing1.
It could be hot so I'm sorry to miss it!
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Oh, I've heard DH's view plenty. Hey, we won't have to cut SS checks until 2037! We have all kinds of time.
Here's the thing. I'm the only true progressive on this board, because I understand what a growing entitlement like SS being part of the federal budget will do to other programs & spending tied to progressive ideals. And I also understand that privatizing will ultimately give seniors a more comfortable retirement.
But I know, I know - it's not an investment program, so we shouldn't look at it like that, even it if it makes infinitely more sense.
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The Almighty
The debt most certainly is NOT being paid down. Not one year since Ike was President did the national debt get lowered year over fiscal year. Not one.
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The Almighty
and what happens Dung when those bonds come due?
Oh yeah, future generations will either be stuck with the bill or they will have to refinance at higher rates.
Oh look, a credit card that has 0% interest, let me max that shit out now because I am not paying any interest. What a grand idea. What could possibly go wrong?
Hence the volcano vs time bomb.
THe President has proposed deals that would cut spending, the Republicans refused those deals... Had they accepted those deals spending would have been cut already...
There is a deal in place, some call it the Fiscal Cliff, that will cut spending drastically if its not changed by the legislator.
There is a deal in place, some call it the Fiscal Cliff, that will cut spending drastically if its not changed by the legislator.
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The Almighty
LMAO...
1) Funny they mention Bush's last budget, because we haven't seen one from the Dems in Congress since Bush
2) He has not reduced the deficit spending by $600B, that is a complete fabrication
3) It is inherently stupid to suggest that the spending in 2009 should be used as a base year for comparison.
Yet another complete fabrication based on 2009's spending levels. Tell us... why would you use an extreme as a base?
40+ months of 8% unemployment
Link
So you are saying Obama's policies favored the wealthy?
So you are championing the Bush tax cuts now?
Link
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http://fuelgaugereport.aaa.com/?redirectto=http://fuelgaugereport.opisnet.com/index.asp
wrong
cawacko
Well-known member
I think she meant the deficit but they've been over $1 trillion for four straight years. Hardly coming down.