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.we need to invest in green energy because that is where the future is headed.
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.Obama blamed Bush for getting us into two very expensive wars with no plan to pay for them
Liberals - Punish the Successful, Reward the Unsuccessful
Liberals - Tax, Borrow, Spend, and Give Free Stuff
Obama's legacy - National Debt / Credit Downgrade / Obamacare Failure / Economic Failure / Foreign Policy Failure / Liar of the Year Award / The Rise of ISIS
And look at what you quote. That money is not distributed equal. Sure, most of us know this. That those with the most need get the least. We know this as well. It is also hard to good good teachers to teach in difficult areas, and when you hold them responsible for making under fed, troubled students from violent and depressed areas achieving success, you lose even more.
So, your link actually works against your thesis. That said, I want to see how you account for other factors, and what you think reducing money will do, especially in problem areas.
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
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.
So please, Mr Wizard, show us how the GOP has been trying to bankrupt social security !!!
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.
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 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.
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.