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

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

    Quote Originally Posted by Hairytic View Post
    The GOP has been trying to bankrupt social security for decades now. It seems you haven't been listening.
    Listening to far-left demagoguery and scare tactics? No, I try to keep clear of all that.

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

    Quote Originally Posted by Hairytic View Post
    The infrustructure has to be maintained and advanced. I don't know what you are talking about bailing out the unions. State and local governments asked for stimulus money to create jobs and strengthen the infrustrure
    That stimulus money went to union employees of the states, and infrastructure, remember shovel ready, there was none.

    we need to invest in green energy because that is where the future is headed.
    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.

    Obama blamed Bush for getting us into two very expensive wars with no plan to pay for them
    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.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

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

    Quote Originally Posted by ttwtt78640 View Post
    Actually yes. Educational results, when measured by standardized tests, were actually better before the addition of "teachers" to bring the average number of pupils to teacher to under 16. Total (state, local and federal) education spending is now $11,400 per student, an all time high. Even the NEA admits that the number of teachers is not nearly as important as the quality of those teachers. The problem with the current education system is that this spending is almost all under top down control, with little to no say by the student's parent(s). I prefer much more input from the bottom up, allowing those "student" education funds to be applied based on parental/local decision makers and less by "associations", unions and higher levels of gov't.

    Higher Education Spending: More Teachers and Programs But Less Learning

    Back to School: Teachers Union Loses Members While Per-Pupil Spending Soars



    Above quote from: Background & Analysis

    The Changing Face of the Teaching Force | @ Penn GSE Research: A Review of Research
    I don't dispute that quality is more important than number. What I dispute is the causal relationship suggested in your numbers. Do you believe the student is exactly the same today? That there are no other factors involved other than money and number of teachers?

    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.

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

    Quote Originally Posted by Born Free View Post
    Funny how you can't answer the question I repeat:

    "So good, Obama wants to raise the taxes on the rich which will generate around 800 billion over ten yrs. However Obama is borrowing 1.2 trillion a yr adding to our national debt. Thus if he gets his tax hikes he will only have to borrow 1.1 trillion a yr. Now where do you suppose to get all this money to eliminate Obama's over spending of 1.1 trillion a yr, and where are you going to get the money on top of that to start paying down our debt."

    As for Reagan, I will just say this, he created the largest expansion of our economy in history. Something Obama can only dream about. But unlike Reagan, Obama does not care about the economy or jobs, liberals never have cared about jobs.

    Now for once try and answer the question. Which I know you can't because you have no clue, like the rest of the liberal clan. Your a tax, borrow, spend, and give free stuff liberal, and could care less how much the national debt takes us into the black hole of destruction.
    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.

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

    Quote Originally Posted by Taylor View Post
    Listening to far-left demagoguery and scare tactics? No, I try to keep clear of all that.
    That didn't come from the far-left demagoguery, it came from Ryans budget plan. I guess you missed that during the election.

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

    Quote Originally Posted by Hairytic View Post
    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 !!!

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

    Quote Originally Posted by Born Free View Post
    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.

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

    Quote Originally Posted by Hairytic View Post
    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" !!

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

    Quote Originally Posted by Hairytic View Post
    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.

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

    Quote Originally Posted by Eighty Deuce View Post
    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.

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