A little perspective in the budget bullshit.

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WinterBorn

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From:http://blogs.law.harvard.edu/philg/...esss-solution-to-the-federal-deficit-problem/

"We have a family that is spending $38,200 per year. The family’s income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year."
 
I used a very similar example a few months back. Your economic house is collapsing, and you make a few token adjustments to address the crisis.

It's not a bad way for politicians to think. If you can't afford the big house & the 2 cars & the vacation abroad, you downsize your house, sell a car & take a road trip to the nearest shore...
 
Onceler said:
I used a very similar example a few months back. Your economic house is collapsing, and you make a few token adjustments to address the crisis.

It's not a bad way for politicians to think. If you can't afford the big house & the 2 cars & the vacation abroad, you downsize your house, sell a car & take a road trip to the nearest shore...
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The problem is, our country cannot afford the big house & the 2 cars & the first class vacation abroad. So they keep the big house & 2 cars & fly coach on the vacation abroad.
 
WinterBorn said:
From:http://blogs.law.harvard.edu/philg/...esss-solution-to-the-federal-deficit-problem/

"We have a family that is spending $38,200 per year. The family’s income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year."
Click to expand...

Is this REALLY a perspective in the budget bullshit? Or is this just a big perspective of how right wingers explain complex problems using simple minded examples?
 
I don't see you as paying too much in taxes. Personally I could give two fucks about people making over $250,000 getting a tax increase. Obama is better than any snake oil salesman, he sure as fuck is going to tax the rest of us as well.
 
Bfgrn said:
Is this REALLY a perspective in the budget bullshit? Or is this just a big perspective of how right wingers explain complex problems using simple minded examples?
Click to expand...

Did you read the article, Bfgrn?
 
WinterBorn said:
Did you read the article, Bfgrn?
Click to expand...

Yes, I did. It is truly ironic that you right wing deficit hawks had your tongues cut out for 8 years. Did you grow a new one?

Reducing the debt is an important long term goal. We must make sure we set the economy on that trajectory. But, to try to reduce the debt in short order will be a disaster that will make the great depression look like an economic boom. You right wingers are looking more and more like your far right wing counterpart radicals...terrorists. But at least they are honest about their hatred for the American people.

I read your article, now please read mine. People are not telling you folks on the right the truth.

What I learned from hanging out with deficit hawks
The Peter G. Peterson Foundation's "Fiscal Solutions Tour" came to my town, so I stopped by

Link


"Labor is the United States. The men and women, who with their minds, their hearts and hands, create the wealth that is shared in this country—they are America."
President Dwight D. Eisenhower
 
Topspin said:
more GED wisdom Obama ran on spending way less than Bush
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None of the spending by Obama was planned. It is not economic ideology, it is economic reality.


Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.
Edmund Burke
 
Bfgrn said:
Yes, I did. It is truly ironic that you right wing deficit hawks had your tongues cut out for 8 years. Did you grow a new one?

Reducing the debt is an important long term goal. We must make sure we set the economy on that trajectory. But, to try to reduce the debt in short order will be a disaster that will make the great depression look like an economic boom. You right wingers are looking more and more like your far right wing counterpart radicals...terrorists. But at least they are honest about their hatred for the American people.

I read your article, now please read mine. People are not telling you folks on the right the truth.

What I learned from hanging out with deficit hawks
The Peter G. Peterson Foundation's "Fiscal Solutions Tour" came to my town, so I stopped by

Link


"Labor is the United States. The men and women, who with their minds, their hearts and hands, create the wealth that is shared in this country—they are America."
President Dwight D. Eisenhower
Click to expand...

Hey Bfoon, before you start posting about what I did or didn't do, perhaps you should find out what I actually did and didn't do.

I have been harping on gov't spending long before you decided to grace this website with your infinite wisdom and magical ability to see inside people's head so you knew exactly what they think and what they have done. I have been actively working to cut spending for decades. So take your platitudes and shove them up your ass.

If you would like to discuss the actual issue of the somng & dance with this budget bullshit, then lets do so. If you are just going to spew generalizations based on what you don't know, we are wasting bandwidth.
 
I admire all the millionaires and billionaires who have come forward and stated they are willing to pay more in taxes to help the USA out of its supposed crisis!
 
WinterBorn said:
From:http://blogs.law.harvard.edu/philg/...esss-solution-to-the-federal-deficit-problem/

"We have a family that is spending $38,200 per year. The family’s income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year."
Click to expand...


There are problems with the analogy is that it starts at the end of the story instead of the beginning. It neglects to point out that the family's income is so low because the father decided about a decade ago that, having worked to get out of debt, he thinks it unfair that he is earning so much money and unilaterally cut his own salary because he felt he was earning too much and "it's the company's money." Instead of living modestly following that unilateral pay cut, he decides to spend lots of money that he doesn't have on cool shit that blows up and drugs and all the while refuses to take a pay increase notwithstanding that the family is spending shitloads more than it takes in such that the family now finds itself in the situation that it is in. Oh, and it also neglects to mention that father skipped town a few years ago before the shit really hit the fan
 
NigelTufnel said:
There are problems with the analogy is that it starts at the end of the story instead of the beginning. It neglects to point out that the family's income is so low because the father decided about a decade ago that, having worked to get out of debt, he thinks it unfair that he is earning so much money and unilaterally cut his own salary because he felt he was earning too much and "it's the company's money." Instead of living modestly following that unilateral pay cut, he decides to spend lots of money that he doesn't have on cool shit that blows up and drugs and all the while refuses to take a pay increase notwithstanding that the family is spending shitloads more than it takes in such that the family now finds itself in the situation that it is in. Oh, and it also neglects to mention that father skipped town a few years ago before the shit really hit the fan
Click to expand...

that is some serious horse puckey nigel and a completely illogical take on the budget problem. you have to make up your own facts in order to defend massive spending no one can afford. you're in denial.
 
NigelTufnel said:
There are problems with the analogy is that it starts at the end of the story instead of the beginning. It neglects to point out that the family's income is so low because the father decided about a decade ago that, having worked to get out of debt, he thinks it unfair that he is earning so much money and unilaterally cut his own salary because he felt he was earning too much and "it's the company's money." Instead of living modestly following that unilateral pay cut, he decides to spend lots of money that he doesn't have on cool shit that blows up and drugs and all the while refuses to use force to make his employer give him a raise notwithstanding that the family is spending shitloads more than it takes in such that the family now finds itself in the situation that it is in. Oh, and it also neglects to mention that father skipped town a few years ago before the shit really hit the fan
Click to expand...

Fix that for. The gov't is never offered a raise. They take it against their employer's will.
 
WinterBorn said:
Hey Bfoon, before you start posting about what I did or didn't do, perhaps you should find out what I actually did and didn't do.

I have been harping on gov't spending long before you decided to grace this website with your infinite wisdom and magical ability to see inside people's head so you knew exactly what they think and what they have done. I have been actively working to cut spending for decades. So take your platitudes and shove them up your ass.

If you would like to discuss the actual issue of the somng & dance with this budget bullshit, then lets do so. If you are just going to spew generalizations based on what you don't know, we are wasting bandwidth.
Click to expand...

Oh, of course, Why am I not surprised. BTW, did you have the decency to read my article, because if you did, you would know I am not offering a song & dance with this budget bullshit.

Ironic, you have no problem claiming a magical ability to see inside my head.
 
Bfgrn said:
Is this REALLY a perspective in the budget bullshit? Or is this just a big perspective of how right wingers explain complex problems using simple minded examples?
Click to expand...

If you have read the article you would see how they arrived at their numbers. If you, like Nigel, want to address the issue of the screw up for year prior to this, I am listening. But its really not relevant. I am not picking out a single party. I am holding every single politician in Washington responsible.
 
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