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Thread: Govt. borrows 46 cents of every dollar it spends

  1. #1
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    Govt. borrows 46 cents of every dollar it spends

    The federal government borrowed 46 cents of every dollar it has spent so far in fiscal year 2013, which began Oct. 1, according to the latest data the Congressional Budget Office released Friday.


    The government notched a $172 billion deficit in November, and is already nearly $300 billion in the hole through the first two months of fiscal year 2013, underscoring just how deep the government’s budget problems are...


    Higher spending on mandatory items such as Social Security, Medicare and interest on the debt led the way in boosting spending compared with the previous year, which also highlights the trouble spots Congress and President Obama are struggling to grapple with.

    Spending is the problem.

    The Marx School of PONZI Schemes is the problem.

    Parasite Nation is the problem.

    Denying reality is the problem.

    Ignorance is the problem.


    Hail to Parasite Nation... Hail!
    Last edited by zimmer; 12-09-12 at 10:06 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: Govt. borrows 46 cents of every dollar it spends

    Quote Originally Posted by zimmer View Post
    Spending is the problem.

    The Marx School of PONZI Schemes is the problem.

    Parasite Nation is the problem.

    Denying reality is the problem.

    Ignorance is the problem.


    Hail to Parasite Nation... Hail!
    Although I agree with you about what the problems are, I think the other side might take the thread more seriously if you drop the "hail to parasite nation" kind of stuff and described the issues in more detail.
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    Re: Govt. borrows 46 cents of every dollar it spends

    Although we've always had debt, Obama has taken it into overdrive and there is no one to stop him. The establishment of both parties do not want to stop spending no matter what they say. Government grows every day and the private sector shrinks.
    If it sounds like Marx and acts like Stalin...it must be Obama

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    Re: Govt. borrows 46 cents of every dollar it spends

    Quote Originally Posted by Rapunzel52 View Post
    Although we've always had debt, Obama has taken it into overdrive and there is no one to stop him. The establishment of both parties do not want to stop spending no matter what they say. Government grows every day and the private sector shrinks.
    Not just Obama - we can thank the senate for the choking defense bill that they just passed.

    There is enough spending shame for everyone in DC.
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    Re: Govt. borrows 46 cents of every dollar it spends

    It's like being a passenger in a 747 headed for the ground, and watching the pilot on the left blame the pilot on the right, and vice versa, while neither one does anything to pull the nose back up.

    The bottom line is the federal government is dysfunctional.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Govt. borrows 46 cents of every dollar it spends

    Quote Originally Posted by SMTA View Post
    Not just Obama - we can thank the senate for the choking defense bill that they just passed.

    There is enough spending shame for everyone in DC.

    I just love how the knee jerk, go to response from some is always defense....Of course never given by these people are specifics as to what, or how far they would cut out of it, nor what possible ramifications there would be stemming from their cuts. Nor is there any realism thought of in terms of cutting defense won't solve the problems we have, just like the tax hike on the top 2% won't fix it either....We need to bring entitlements in to the discussion, and not the retirees crap, or hard pressed people with disabilities that actually may need the aid, but the waste, fraud, and abuse in that system if we are to solve this....
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Govt. borrows 46 cents of every dollar it spends

    Quote Originally Posted by Dittohead not! View Post
    It's like being a passenger in a 747 headed for the ground, and watching the pilot on the left blame the pilot on the right, and vice versa, while neither one does anything to pull the nose back up.

    The bottom line is the federal government is dysfunctional.

    Yep, and it will get worse....Thanks to those that voted for the divider n chief, as well as Libertarian contrarians that must rather hear their own voices bitch rather than do something for the good of the nation, we give a collective talk to the hand.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Govt. borrows 46 cents of every dollar it spends

    Quote Originally Posted by RabidAlpaca View Post
    ...I think the other side might take the thread more seriously if you drop the "hail to parasite nation" kind of stuff...
    Nooooo they won't... they're in denial and need to be reminded at every turn of what faction they've cast their lot.

    You see...logic doesn't work with most... the last two presidential elections proved that, and their posts reveal it too. Perhaps a verbal slap in the face, something so raw and blatant might wake a few of them up... and have them think about the Parasite Nation they endorse and foment.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: Govt. borrows 46 cents of every dollar it spends

    Quote Originally Posted by j-mac View Post
    Yep, and it will get worse....Thanks to those that voted for the divider n chief, as well as Libertarian contrarians that must rather hear their own voices bitch rather than do something for the good of the nation, we give a collective talk to the hand.
    Libertarian contrarians? Oh, yes, there are a lot of those in Congress ,um.. hmmm. It's a wonder anything ever gets done with those guys all over Washington DC.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Govt. borrows 46 cents of every dollar it spends

    But the president just released a stunning new bipartisan plan to solve the spending crisis with....a slight increase in the tax rate for the wealthy coupled with.....0 reduction in spending.

    The Obama administration has cemented this centrist as a permanent Republican...and don't get me started on their mental problems.

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