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Thread: Federal Deficit Highest Since 1940s

  1. #21
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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by Fishstyx View Post
    Any rational person realizes that these programs need reform. Problem is, anytime this is even mentioned, some politician comes out claiming people want to starve grandma and grandpa and then push them out on an ice flow. Look what happened to Paul Ryan. His proposals were reasonable or at the very least a good place to start the damn discussion.
    Unfortunately it's true of both sides. Ryan's budget is one example. Another is Obamacare, which includes a $500 billion reduction in Medicare provider payments. Republicans attacked that as an assault on Medicare ... while calling for the much steeper cuts in Ryan's budget. The only way we're going to do entitlement reform is if the two sides do it together. And what are the chances of that these days....?
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by muciti View Post
    increasing revenues, stopping waste and abuse, and increasing the number of tax payers is the better way to go. No need to cut any programs if we did that things.
    I feel that requires a level of political responsibility that we don't have in this country.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Federal Deficit Highest Since 1940s

    I really am starting to think conservatives don't realize just what ideas like "stop spending" will do to our economy. They want to follow the free market have Americans working for the same wages as Chinese people. They want to cut government in size by anywhere from 25% to 50% (laying off anywhere from 750,000 to 1,500,000 people in the process). They want to end SS. I mean, yeah, say we do all this? Then what? We put the majority of American workers to work for the 6-7$ slave wage a kid in Bangladesh is willing to take from Nike?
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by AdamT View Post
    Unfortunately it's true of both sides. Ryan's budget is one example. Another is Obamacare, which includes a $500 billion reduction in Medicare provider payments. Republicans attacked that as an assault on Medicare ... while calling for the much steeper cuts in Ryan's budget. The only way we're going to do entitlement reform is if the two sides do it together. And what are the chances of that these days....?

    Problem is that $500 billion wasn't a reduction...it was shift to other aspects of Obamacare. Shifting money to expand the progrma is hardly reform. Its making the problem worse.

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    Re: Federal Deficit Highest Since 1940s


  6. #26
    Death2Globalists Matt Foley's Avatar
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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by Hatuey View Post
    I really am starting to think conservatives don't realize just what ideas like "stop spending" will do to our economy. They want to follow the free market have Americans working for the same wages as Chinese people. They want to cut government in size by anywhere from 25% to 50% (laying off anywhere from 750,000 to 1,500,000 people in the process). They want to end SS. I mean, yeah, say we do all this? Then what? We put the majority of American workers to work for the 6-7$ slave wage a kid in Bangladesh is willing to take from Nike?
    Agree, Tariffs are the only solution.
    Globalist = Free Trade, Open Borders, Multiculturalist, Anti-White Racist, Hypocrite, Sophist, Deceiver, Manipulator, Warmonger, Vulgar Culture, Morally Depraved......Enemy

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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by Deuce View Post
    All of it!?
    Let's start with our military.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by AdamT View Post
    Unfortunately it's true of both sides. Ryan's budget is one example. Another is Obamacare, which includes a $500 billion reduction in Medicare provider payments. Republicans attacked that as an assault on Medicare ... while calling for the much steeper cuts in Ryan's budget.
    While Agreed that Republicans attacking Obamacare for "cutting Medicare" were being hypocritical in attacking simply for cutting Medicare, it's worth pointing out that Obamacare actually cuts more than the Ryan Plan. Both reduce future expenditures by keeping Medicare to a growth rate of "Inflation +1", but Obamacares' cuts take effect starting in 2014, while Ryan's wouldn't until 2022.

    The only way we're going to do entitlement reform is if the two sides do it together. And what are the chances of that these days....?
    Nil. President Obama had a rather historic chance when the Simpson-Bowles Commission and the Ryan Plan came out, and he decided to go for Mediscare instead.

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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by samsmart View Post
    Let's start with our military.
    Good idea. Who needs a stable supply of oil? Not the US economy!

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    Re: Federal Deficit Highest Since 1940s

    Quote Originally Posted by Matt Foley View Post
    Agree, Tariffs are the only solution.
    Limited tariffs.

    I want a human rights tariff on products imported from countries that violate the human rights of their laborers that make it difficult for countries that respect human rights to compete with them. These tariffs would increase the price of their products to a level as if they were manufactured in a country that does respect human rights. Hopefully, that would give those nations the impetus to improve the working conditions for their labor force.

    I also want a global protection tariff on products imported from countries that keep defense spending below a certain threshold. The U.S. economy is suffering because we spend so much on defense on global initiatives, such as keeping maritime shipping lanes safe from piracy. Those nations who do not provide spending for their own military to provide for global stability should have their imports into the U.S. taxed to help offset the cost. After all, those nations benefit economically from safe shipping lanes patrolled by the U.S. military. If they are going to benefit then they should chip in to the maintenance of that security.
    Also, we need to legalize recreational drugs and prostitution.

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