Its very unfortunate that the speakers hate for Obama has become so hot that he is ready to throw the whole country under the bus in the hopes of defeating his re-election. I think the speaker maybe drinking too much
Your personal debt is different than government debt. Look at history of our government and see how depression/recession economies have been revived. Not by putting people out of work!!! If the Republicans require more money (a false argument), then allow taxes to go back to historically NORMAL levels.
These GOP shills don't demand of themselves what they demand of the Democrats. Go look at Paul Ryan's last budget with numbers (page 6) he runs our debt up to 23.1 trillion in 2021. If he made cuts that equal the increase, our debt would be right where it is now in 2021. As a matter of fact, if we made the kind of cuts Bone-head is talking about, we wouldn't need to increase the debt ceiling. This is all election year politics. The GOP aren't even living up to the last cuts that were made. They've spent months trying to restore their friends pork-barrel Defense spending. And to pay for it they want to gut stuff like meals on wheels for disabled seniors. Don't ya just luv the way the GOP operate?
It is saddening that your articulation involves such a heavy emphasis on debt. It is imperative that we realize - money IS debt. The economic system in which we live was designed to fail. The "money" that we all cherish and work for is fiat currency - it does not exist. It is not backed by gold, or silver (reminiscent of the fall of the Roman Empire), or anything tangible; it is backed by the government's word (try banking on that). The government is literally printing money out of thin air to back these programs. This country's money supply is run by the Federal Reserve Bank; and the government in which the money is made for OWES THEM interest on THEIR OWN MONEY. Everyone is talking about "debt ceilings" and "mounting national debt" - but no one discusses solutions to the problem. These politicians are strong advocates of band-aids, which simply lubricate the conveyer belts of corruption and back-room deals. Our 'debt' is bad for the middle and lower classes - but it is profitable for the upper class. Inflation is nothing more than a hidden tax. Economists and spineless politicians write inflation off as the product of a free market regulated by the invisible hand. But the invisible hand is working together with the iron fist. The debt is intentional. It is an excuse to eliminate jobs, raise the cost of living, decrease the standard of living, longer working hours .. this list can continue. Debt is a form of slavery and it expands the plantation.
Is this Obama's economy or is the Republican's economy? If the Republicans want to keep cutting and impeding progress in growth, then they can have the blame. Then we can look like the countries in Europe that are following that austere path. However, if you follow Paul Krugman's advice, a Nobel-winning economist, then we spend government money now to get people employed. There is a lot of infrastructure to repair. Cut us free of your shackles Republicans or claim this calamity!!
Does anyone beleive there will be any budget cuts if the GOP wins the Whitehouse and they hold thier majority in the house?
My prediction is they will show fiscal restaint for 6 months and then it will be tax cuts for the waelthy, war with Iran and the public debt will be 30 trillion by 2016. Remember deficits do not matter when its a GOP president!
Why does "anyone" need to set up a debt limit fight? Have we all gone mad? Have you not seen the precursor of our fate in Europe if we contine down this path. Wake the H___ up people.
If there is no action towards addressing the fact that 40 cents of every dollar spent by the federal government is borrowed, we will end up like Europe.
How timely...go ahead, ruin Romney's chances. This will backfire even with somewhat conservative independents like me. I think Boehner would sell this country down river just to get Obama, and he (Boehner) is going to shoot himself in the foot. Watch.
It'll be ole "scotch & rye" Boehner's last hurrah. Cantor will replace him in 2013. Everyone knows about Boehner's drinking problem and its getting embarrassing.
by needahandout May 15, 2012 8:14 PM EDT You could apply that statement to Dems just as easily.
The Dems want to raise taxes. The GOP has actually taken economics 101 and knows that raising taxes undermines job growth and raises prices. Tax increases on business are passed onto the consumer. Obama and his minions ignore this basic law of economics. =================================================================== That smart GOP. They want to increase the defense budget. Given their track record on starting really stupid/expensive wars, I think NOT.
Using your rather retarded logic, we should just eliminate taxes altogether .... the economy would shoot through the roof !!!
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If the Republicans require more money (a false argument), then allow taxes to go back to historically NORMAL levels.
However, if you follow Paul Krugman's advice, a Nobel-winning economist, then we spend government money now to get people employed. There is a lot of infrastructure to repair. Cut us free of your shackles Republicans or claim this calamity!!
Does anyone beleive there will be any budget cuts if the GOP wins the Whitehouse and they hold thier majority in the house?
My prediction is they will show fiscal restaint for 6 months and then it will be tax cuts for the waelthy, war with Iran and the public debt will be 30 trillion by 2016. Remember deficits do not matter when its a GOP president!
You could apply that statement to Dems just as easily.
The Dems want to raise taxes. The GOP has actually taken economics 101 and knows that raising taxes undermines job growth and raises prices. Tax increases on business are passed onto the consumer. Obama and his minions ignore this basic law of economics.
===================================================================
That smart GOP.
They want to increase the defense budget.
Given their track record on starting really stupid/expensive wars,
I think NOT.
Using your rather retarded logic, we should just eliminate
taxes altogether .... the economy would shoot through the roof !!!