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IMF chief says U.S. needs blend of spending cuts, revenue raising

The GOP has been trying to bankrupt social security for decades now. It seems you haven't been listening. As soon as Republicans gain ground in Washington DC, they start proposing to cut medicare and SS which causes them to lose ground. IT has been a visious cycle now for many decades.

Echoing what another said, show us where the GOP has been trying to "bankrupt social security for decades now" !!! Or is this just more clueless liberal tripe ? SS taxes are paid into the general fund liberals. Social security benefits are paid out of the general fund. Obama is running the largest deficits in history, and by the end of 2013, will have accumulated more debt than every President before him COMBINED.

So please, Mr Wizard, show us how the GOP has been trying to bankrupt social security !!!
 
That stimulus money went to union employees of the states, and infrastructure, remember shovel ready, there was none.

Wind and solar, does not save one drop of oil. All our power plants are fueled by coal and natural gas that we have a thousand yr supply. Further there is not one green anything that can compete with coal, or natural gas, and worse yet every green today is heavenly subsidized by borrowed dollars. Remember Obama borrows 1.2 trillion a yr to give free money to dead companies. Another battery company that Obama invested 150 million is now out of business.

Last I remember Obama has kept us into Afghanistan for the last 4 yrs which he said is the just war, and is going to keep us there for the next 4 all unpaid for. Plus he was the one that added 30,000 troops and we are loosing the war not winning. Then he goes and invades Libya that was not paid for. Remember Obama has borrowed 6 trillion in the past 4 yrs to fund stuff that is not payed for. He is still borrowing 1.2 trillion a yr that is not paid for. For a whopping 10+ trillion added to the national debt in just 8 yrs, more than all the presidents before him combined.

The stimulus went to states that applied for the money to fund major projects. If there were no shovel ready jobs, that was on the states.
I disagree with you when it comes to green energy. We have a lot more advancements to make, but green energy can compete with coal and natural gas quite nicely. THe obsticle is getting the green energy affordable for home use. That's why we need to continue to develope green energy. China is surpassing us in it's ability to produce more afforable solar panels. We are missing out on the new market. Germany is already switching over to green energy. If we don't get busy, we will be behind the rest of the developed nations on inovation. Also, Tesla motors has made great advancements on electric cars and SolarCity is competting for the building of charing stations. We need to stop subidedizing Oil to save money. The oil companies don't need the subsidies. It's time to get out of the stone age with it comes to energy development.
Obama is starting a draw down on troops in Afghanistan. Obama ended the war in Iraq. The money we were spending on the wars Bush started can go to pay down some on the debt. That alone will be a huge savings. All of the money we spend now is only partly due to policies Obama has set in place. Some of the big ticket things like the wars were obligated to our debt before Obama took office. Blaming Obama on that spending isn't exactly honest. If you want an honest debt on the debt, then you must first look at who obligated us to the debt to begin with. If we can manage to stay out of war and get away from policing the world, we can start paying down the debt by lower the military spending along with cutting corporate welfare.
 
Reagan ended the recession by raising taxes and spending. When the economy is bad, the government can boost the economy with spending, which creates jobs. Once jobs are created, the government gets more revenue and can lower taxes and cut back on spending. Obama is trying to do the same thing, but the republicans in congress have blocked him with fillabusters. The debt isn't as big an issue right now as getting the economy going by creating jobs. Job creation is key to everything. Once jobs are created and the economy is booming, spending can be cut and we can pay down the debt, like Clinton did.
I hope that answers your question. We will get the money to pay down the debt by creating job growth. It's really simple economics, which is something the republicans used to understand.

Bull****. Reagan ended the recession by first controlling inflation, then lowering interest rates, and then by lowering tax rates. Reagan did it by enabling the private sector to expand. He did it in two years as well.

Second, your claim about filibusters is the stuff of ignorant liberalism. Obama got everything he wanted in his first two years. And all it did was make us worse. If we had the same LFPR as when that jackass was inaugurated in Jan 2009, U-3 is 10.8% now. That's correct, Unemployment is actually 10.8%, not the phoney 7.7 reported.

Lastly, for the fully ignorant liberals out there who think that "Clinton paid down the debt". Clinton never paid down the debt. Never. Show us the last year the debt went down !

Guess what cluetards. Eisenhower was President the last time we "paid down the debt" !!
 
The stimulus went to states that applied for the money to fund major projects. If there were no shovel ready jobs, that was on the states.
I disagree with you when it comes to green energy. We have a lot more advancements to make, but green energy can compete with coal and natural gas quite nicely. THe obsticle is getting the green energy affordable for home use. That's why we need to continue to develope green energy. China is surpassing us in it's ability to produce more afforable solar panels. We are missing out on the new market. Germany is already switching over to green energy. If we don't get busy, we will be behind the rest of the developed nations on inovation. Also, Tesla motors has made great advancements on electric cars and SolarCity is competting for the building of charing stations. We need to stop subidedizing Oil to save money. The oil companies don't need the subsidies. It's time to get out of the stone age with it comes to energy development.
Obama is starting a draw down on troops in Afghanistan. Obama ended the war in Iraq. The money we were spending on the wars Bush started can go to pay down some on the debt. That alone will be a huge savings. All of the money we spend now is only partly due to policies Obama has set in place. Some of the big ticket things like the wars were obligated to our debt before Obama took office. Blaming Obama on that spending isn't exactly honest. If you want an honest debt on the debt, then you must first look at who obligated us to the debt to begin with. If we can manage to stay out of war and get away from policing the world, we can start paying down the debt by lower the military spending along with cutting corporate welfare.

Complete bull****. Grenn Energy cannot compete. It has to be subsidized like Solyndra. How'd that work out ?

The Iraq War ended on Bush's timetable. Obama just followed the plan he inherited. Obama will run up more debt in his first 6 years as President than all other Presidents did in 220 years prior.

I have challenged you to support assertions with facts several times already in this thread. Yet all you have posted is continued liberal diarrhea. What a shock !!

We now spend $1.1 trillion per year on Welfare. The largest component of the budget.
 
Echoing what another said, show us where the GOP has been trying to "bankrupt social security for decades now" !!! Or is this just more clueless liberal tripe ? SS taxes are paid into the general fund liberals. Social security benefits are paid out of the general fund. Obama is running the largest deficits in history, and by the end of 2013, will have accumulated more debt than every President before him COMBINED.

So please, Mr Wizard, show us how the GOP has been trying to bankrupt social security !!!

SS taxes are not paid into the general fund. They are paid into the SS trust fund. Congress barrows from the SS trust fund.
I guess you missed back in the 90s when Newt was famous for saying SS wil wither on the vine. Bush was trying ot privitize SS, ending the SS system as we know it. THe current GOP congress wants SS put on the table to be cut as well. THey keep making it a part of the debt debate, but SS doesn't add or subtract from our national debt.
 
Bull****. Reagan ended the recession by first controlling inflation, then lowering interest rates, and then by lowering tax rates. Reagan did it by enabling the private sector to expand. He did it in two years as well.

Second, your claim about filibusters is the stuff of ignorant liberalism. Obama got everything he wanted in his first two years. And all it did was make us worse. If we had the same LFPR as when that jackass was inaugurated in Jan 2009, U-3 is 10.8% now. That's correct, Unemployment is actually 10.8%, not the phoney 7.7 reported.

Lastly, for the fully ignorant liberals out there who think that "Clinton paid down the debt". Clinton never paid down the debt. Never. Show us the last year the debt went down !

Guess what cluetards. Eisenhower was President the last time we "paid down the debt" !!

You clearly need to study the Reagan years more. Also, Obama didn't get everything he wanted in the first two years. I have no clue where you get that from. I also have no clue where you get that unemployment is higher than 10%. Our economy is much better now than it was 4 years ago. Had congress passed Obama's jobs bill, it would be even better.
Clinton passed a budget that had a projected surplus, Bush failed to follow that budget and went crazy on war spending with no clear plan on how to pay for it.
 
SS taxes are not paid into the general fund. They are paid into the SS trust fund. Congress barrows from the SS trust fund.
I guess you missed back in the 90s when Newt was famous for saying SS wil wither on the vine. Bush was trying ot privitize SS, ending the SS system as we know it. THe current GOP congress wants SS put on the table to be cut as well. THey keep making it a part of the debt debate, but SS doesn't add or subtract from our national debt.

None of which "bankrupt" Social Security. It is put into the General Fund, as I said, and is paid out of same, as I said. You now admit it. More liberal fail.
 
You clearly need to study the Reagan years more. Also, Obama didn't get everything he wanted in the first two years. I have no clue where you get that from. I also have no clue where you get that unemployment is higher than 10%. Our economy is much better now than it was 4 years ago. Had congress passed Obama's jobs bill, it would be even better.
Clinton passed a budget that had a projected surplus, Bush failed to follow that budget and went crazy on war spending with no clear plan on how to pay for it.

Now you must admit you were wrong again. Clinton paid down no debt. You said he did. I showed that he did not. Now you agree.

More liberal lies exposed. More liberal ignorance exposed. More liberal fail.

Are you capable of stating an actual fact ? Of supporting such ?

I have forgotten more about Reagan than you ever knew, btw. As I have debunked you over and over, as evidenced by your agreement, and lack of rebuttal, the question needs to be asked. Can you back-up anything you assert ? So far, you cannot.
 
So the lesson here for America is, if you charge a bunch of crap on your credit card stop buying quite so much crap and then go to your boss and say "I need a raise, I am really far in debt dude".:roll:
 
Now you must admit you were wrong again. Clinton paid down no debt. You said he did. I showed that he did not. Now you agree.

More liberal lies exposed. More liberal ignorance exposed. More liberal fail.

Are you capable of stating an actual fact ? Of supporting such ?

I have forgotten more about Reagan than you ever knew, btw. As I have debunked you over and over, as evidenced by your agreement, and lack of rebuttal, the question needs to be asked. Can you back-up anything you assert ? So far, you cannot.

Clinton did pay down on the debt, and the budject he signed had a projected surplus. You showed me nothing but your opinion. You have given no support for your opinion, so don't pretend you did. You simply stated what you think about the topic at hand. You also continue to be rude and insulting, which makes for a bad conversation. It appears you just want to feel like you are winning some mythical game here. This will be my last reply unless you decide to stop being so rude and insulting.
 
Clinton did pay down on the debt, and the budject he signed had a projected surplus. You showed me nothing but your opinion. You have given no support for your opinion, so don't pretend you did. You simply stated what you think about the topic at hand. You also continue to be rude and insulting, which makes for a bad conversation. It appears you just want to feel like you are winning some mythical game here. This will be my last reply unless you decide to stop being so rude and insulting.

No. You are either ignorant, or a liar. Show us all the one year when the debt was "paid down" under Clinton ! The last time the debt was paid down was Eisenhower. Look it up. Prove me wrong.

I am not insulting anyone. You are factually being ignorant, or a liar, though. Just post the national debt numbers for every year Clinton was President, noting when it went "down". Then I will post Eisenhower's. I will be shown correct, and you something less than that. Do it ! Or STFU !

<spit>
 
I still cannot understand why very few people here seem to get the concept that raising taxes on foreign goods imported into the US would create jobs HERE and raise revenues HERE. I guess some people are too locked into their Jacksonian Democrat soak the rich aristocrat mentality to see what Bubba did to screw up the economy in the long run.
 
For the liberal assclown(s). These are the numbers from the US Treasury on the National Debt.
Government - Historical Debt Outstanding - Annual 2000 - 2010

All of Clinton's term is included. I bolded the last year that the national debt was "paid down". 1957. Eisenhower paid it down in '56 as well. Now, enough of the libtard ignorance and lying <spit and piss> :


09/30/201013,561,623,030,891.79
09/30/200911,909,829,003,511.75
09/30/200810,024,724,896,912.49
09/30/20079,007,653,372,262.48
09/30/20068,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03
09/28/1990 3,233,313,451,777.25
09/29/1989 2,857,430,960,187.32
09/30/1988 2,602,337,712,041.16
09/30/1987 2,350,276,890,953.00
09/30/1986 2,125,302,616,658.42
09/30/1985* 1,823,103,000,000.00
09/30/1984* 1,572,266,000,000.00
09/30/1983* 1,377,210,000,000.00
09/30/1982* 1,142,034,000,000.00
09/30/1981* 997,855,000,000.00
09/30/1980* 907,701,000,000.00
09/30/1979* 826,519,000,000.00
09/30/1978* 771,544,000,000.00
09/30/1977* 698,840,000,000.00
06/30/1976* 620,433,000,000.00
06/30/1975* 533,189,000,000.00
06/30/1974475,059,815,731.55
06/30/1973458,141,605,312.09
06/30/1972427,260,460,940.50
06/30/1971398,129,744,455.54
06/30/1970370,918,706,949.93
06/30/1969353,720,253,841.41
06/30/1968347,578,406,425.88
06/30/1967326,220,937,794.54
06/30/1966319,907,087,795.48
06/30/1965317,273,898,983.64
06/30/1964311,712,899,257.30
06/30/1963305,859,632,996.41
06/30/1962298,200,822,720.87
06/30/1961288,970,938,610.05
06/30/1960286,330,760,848.37
06/30/1959284,705,907,078.22
06/30/1958276,343,217,745.81
06/30/1957270,527,171,896.43
06/30/1956272,750,813,649.32
06/30/1955274,374,222,802.62
06/30/1954271,259,599,108.46
06/30/1953 266,071,061,638.57
06/30/1952 259,105,178,785.43
06/29/1951 255,221,976,814.93
06/30/1950 257,357,352,351.04

I am not knocking Clinton. The man was a pragmatist, and he and the GOP House did a fine job. He almost got to a balanced budget, and I commend he, and the GOP, for working together. Obama, on the other hand, is an inept liberally lackey jackass. As the numbers show. His supporters are canker sores on the Republic. Especially the ignorant liberals here who spread the lies and nonsense. As I illustrate over and over. And over. :)
 
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For the liberal assclown(s). These are the numbers from the US Treasury on the National Debt.
Government - Historical Debt Outstanding - Annual 2000 - 2010

All of Clinton's term is included. I bolded the last year that the national debt was "paid down". 1957. Eisenhower paid it down in '56 as well. Now, enough of the libtard ignorance and lying <spit and piss> :


09/30/201013,561,623,030,891.79
09/30/200911,909,829,003,511.75
09/30/200810,024,724,896,912.49
09/30/20079,007,653,372,262.48
09/30/20068,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03
09/28/1990 3,233,313,451,777.25
09/29/1989 2,857,430,960,187.32
09/30/1988 2,602,337,712,041.16
09/30/1987 2,350,276,890,953.00
09/30/1986 2,125,302,616,658.42
09/30/1985* 1,823,103,000,000.00
09/30/1984* 1,572,266,000,000.00
09/30/1983* 1,377,210,000,000.00
09/30/1982* 1,142,034,000,000.00
09/30/1981* 997,855,000,000.00
09/30/1980* 907,701,000,000.00
09/30/1979* 826,519,000,000.00
09/30/1978* 771,544,000,000.00
09/30/1977* 698,840,000,000.00
06/30/1976* 620,433,000,000.00
06/30/1975* 533,189,000,000.00
06/30/1974475,059,815,731.55
06/30/1973458,141,605,312.09
06/30/1972427,260,460,940.50
06/30/1971398,129,744,455.54
06/30/1970370,918,706,949.93
06/30/1969353,720,253,841.41
06/30/1968347,578,406,425.88
06/30/1967326,220,937,794.54
06/30/1966319,907,087,795.48
06/30/1965317,273,898,983.64
06/30/1964311,712,899,257.30
06/30/1963305,859,632,996.41
06/30/1962298,200,822,720.87
06/30/1961288,970,938,610.05
06/30/1960286,330,760,848.37
06/30/1959284,705,907,078.22
06/30/1958276,343,217,745.81
06/30/1957270,527,171,896.43
06/30/1956272,750,813,649.32
06/30/1955274,374,222,802.62
06/30/1954271,259,599,108.46
06/30/1953 266,071,061,638.57
06/30/1952 259,105,178,785.43
06/29/1951 255,221,976,814.93
06/30/1950 257,357,352,351.04

I am not knocking Clinton. The man was a pragmatist, and he and the GOP House did a fine job. He almost got to a balanced budget, and I commend he, and the GOP, for working together. Obama, on the other hand, is an inept liberally lackey jackass. As the numbers show. His supporters are canker sores on the Republic. Especially the ignorant liberals here who spread the lies and nonsense. As I illustrate over and over. And over. :)

Your on a role, keep it up. Someone told Hairytic a bag of liberal lies, he believes them because he wants too, and then goes and repeats them over and over as though that will make them true.
 
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