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Thread: Obama says he cannot guarantee Social Security checks will go out on August 3

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Texmex View Post
    You don't understand compromise, do you?
    To be willing to compromise doesn't mean that everything is on the table.
    So.... according to the above, how is the GOP unwilling to comprimise?

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by BDBoop View Post
    Is it actually a fear tactic if he's actually speaking the truth?
    Nope. Obama is absolutely correct that he can't pay all of our bills. If certain conservatives (who are ostensibly in favor of gutting entitlements anyway...at least when it's politically convenient) view that as a "scare tactic," then they need to put up or shut up. They need to figure out which 43% of the budget they think we can eliminate in the next three weeks. Because so far, I've heard every possible solution labeled as a "scare tactic," as though they think we can just suddenly cut 43% of the budget without any programs actually being affected.

    Here is what we spend our money on. It is mathematically impossible for us to balance that budget in the next three weeks without deep cuts into one or more programs that some people are condemning as "scare tactics" to even contemplate cutting.

    Defense: 25%
    Health care: 23%
    Social security: 21%
    Debt interest: 5%
    Everything else: 26%

    Amount we would need to cut if the debt ceiling isn't raised: 43%


    It's definitely scary, but it doesn't qualify as "scare tactics" since what Obama is saying is absolutely true. We can't simultaneously pay the debt interest, pay our soldiers, fund our entitlements, and balance the budget in the next three weeks. If certain posters cannot grasp that, it's because they're either uninformed or dishonest. This isn't even a matter of opinion, it's a matter of mathematical fact.
    Last edited by Kandahar; 07-12-11 at 10:13 PM.
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  3. #133
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Kandahar View Post
    Nope. Obama is absolutely correct that he can't pay all of our bills. If certain conservatives (who are ostensibly in favor of gutting entitlements anyway...at least when it's politically convenient) view that as a "scare tactic," then they need to put up or shut up. They need to figure out which 43% of the budget they think we can eliminate in the next two weeks.
    Reduce the spending on everything by 43%.
    SocSec - cut benefits 43%
    Medicare - cut benefits 43%
    Etc and so on.

    After the debt service is paid, we still have >$2T in revenue. It's not like there isn't ANY money.

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by PzKfW IVe View Post
    Reduce the spending on everything by 43%.
    SocSec - cut benefits 43%
    Medicare - cut benefits 43%
    Etc and so on.

    After the debt service is paid, we still have >$2T in revenue. It's not like there isn't ANY money.
    I suspect that if Obama announced that we were going to do exactly that, in the absence of a debt ceiling hike, many conservatives here and elsewhere would fall all over themselves to condemn him for "scare tactics" again. We'll see how well 43% cuts on everything sit with the American people and if they actually have the stomach for that. My guess: It would be less than 24 hours into such a standoff before the Republicans caved.
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    As I understand it he will have the economic version of the line item veto pen if the ceiling isn't raised. So I'm not expecting any conservative favored debts to be priority.

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Boo Radley View Post
    Both sides spend
    not like obama, he's in a class all his own

    President's budget sinks, 97-0 - TheHill.com

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Obama decides who gets paid and who doesn’t, if worse comes to worse it wouldn’t surprise me if he threw seniors under the bus to get reelected, after all, he threw his own granny under the bus to get elected.

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    The choice is not raise the debt limit or cut everything 43% someone is falling for the hype.

    The President will not be in control of the cuts - that will still remain with the Congress.
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    This thread belongs on the partisan section imo.
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by snilloctjc View Post
    The choice is not raise the debt limit or cut everything 43% someone is falling for the hype.

    The President will not be in control of the cuts - that will still remain with the Congress.
    Obama decides who gets paid, who does not.

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