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Thread: Harry Reid: "We're going over the cliff"

  1. #41
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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by Bronson View Post
    Which economists? You mean the Krugman's of the world? You're just spouting a bunch of nonsensical gibberish you don't understand. It's embarrassing.

    President Obama is spending 5.60$ for every 1$ of actual REAL wealth created in the private economy. He has to borrow or print the rest. 200B (which is actually just a percentage cut off of spending increases. The spending increases are still happening) when he's running trillion+ yearly deficits? You're joking right? I mean how can anyone possibly have a conversation with you without laughing in your face? You are EXTREME. Obama's "budget" is 3.7 trillion for 1 year. That isn't sustainable. I don't care how much you whine and stomp your feet about evil rich people and the Tea Party, the US Government cannot sustain spending at that level. Not even for another 4 years. The dollar WILL collapse under the weight and guess what happens after that? EBT cards suddenly stop working. Your debit card becomes a useless piece of plastic. But we get it. Trust in Obama right? He cares. He really does understand Economics or something and would never LIE right? Wrong.

    Have you ever met Barack Obama? Why should anyone believe your assurances, or that of a corrupt press for that matter, that he has the best interest of the US at heart? What has ever done as President, or in his life for that matter, that would assuage fears that he wants the US Economy to grow and prosper? Taxing the evil rich is not going to grow the Economy. "Every Economist" knows that. Even Obama has stated this his first term, so what are we really all talking about here? We have extreme hard left fanatical posters who just obfuscate the issue with posts like "The Tea Party sucks" or they make jokes like we're all building bunkers or something like that's an argument. Meanwhile the Economy is grinding to a halt.

    None of you parrots chirping the Obama talking points have any answers. You just keep trying to create black and white strawman where we either have to choose evil Republicans or corrupt Democrats. As far as I'm concerned both parties are complicit in this theft. Your children are going to have pay for all this one way the other. It's a gravy train being paid for on all the credit from our past that we built up. The bubble to end all bubbles. We're the broke "rich guy" who is keeping up pretenses by driving our credit into the ground. It WILL end. Not even the power of the US Government, and it's vast, can keep the cosmic forces of economics at bay. It will come a calling and I already know what your response will be. "It's Bush's fault.", "It's the rich people's fault. Get em!" or some other mob emotionally created scapegoat that the weak minded always fall prey to.

    These arguments from the left are laughable. This is the same party who torched Bush for having a 400B deficit. Now they champion trillion+ deficits per year like zombies, firmly brainwashed by Collectivist Ideology. 30 of the 50 states are now run by Republican Governors. We've gained Governorships in every election since 2008. Republicans still control the House. The country is pretty much divided right down the middle between Collectivist Authoritarians and sane people.

    We are going to oppose your radical and misguided agenda every step of the way. Better get used to it.
    It was the Republicans and GW Bush that added a $trillion to the budget, taking it from 2 to 3 trilion in 8 years. Obama has had the lowest growth in spending in a generation.

    Last edited by iguanaman; 12-27-12 at 04:39 PM.

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by Bronson View Post
    President Obama is spending 5.60$ for every 1$ of actual REAL wealth created in the private economy..
    I'm confused where the President has the authority to spend whatever he wants.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by iguanaman View Post
    Who is blocking the Senate bill that would keep taxes the same for 98% of us? When you figure that out you will know who will be blamed.
    And one more thing...

    While you sit there and wrack your brain to try to devise a way to assign blame to your political opponents, our country continues it's steady march to the financial abyss. You damn well know that increasing taxes on the top 2% does virtually nothing to close a trillion dollar plus spending gap yet that is what you choose to focus on. If we had people that would focus on the actual problem instead of grandstanding over trivialities like you are choosing to do maybe we could actually solve this thing. But as long as there's the opportunity to "blame" someone that will never happen, will it.
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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by iguanaman View Post
    Great graph.

    Iraq is at a near "end" and we should be drawing to a close shortly in Afghanistan. We also are no longer needing to operate under a budget including an "emergency" boost of Stimulus. We should be looking to cut spending back down to 2003 or 2004 levels, adjusted for inflation only.

    Unfortunately, Obama's stated he's basically wanted to keep spending at these same relative levels rather than at 2003 or so levels and tries to justify the insane amount of spending by pulling on emotional heart strings through talks of "reinvesting" it in America....IE, taking money from Americans AND borrowing a **** ton of money to spend on Americans in a way that the government sees fit.

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by Rainman05 View Post
    Actually. Everybody will be to blame. But only the people will suffer.

    Harry Reid just wants to avoid taking on more responsibility. He successfully managed, for 3 years, to not pass ANY budget and effectively, not doing ANYTHING while still receiving a fat paycheck and lobby interest group money, and now he wants people to believe the it's the other guys' fault alone. And guess what, some may even believe him.
    I'd say at least 51% of America believes him.

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by Zyphlin View Post
    Great graph.

    Iraq is at a near "end" and we should be drawing to a close shortly in Afghanistan. We also are no longer needing to operate under a budget including an "emergency" boost of Stimulus. We should be looking to cut spending back down to 2003 or 2004 levels, adjusted for inflation only.

    Unfortunately, Obama's stated he's basically wanted to keep spending at these same relative levels rather than at 2003 or so levels and tries to justify the insane amount of spending by pulling on emotional heart strings through talks of "reinvesting" it in America....IE, taking money from Americans AND borrowing a **** ton of money to spend on Americans in a way that the government sees fit.
    I think a lot of Obama supporters like to conveniently leave out that the military spending from the two wars is nearly gone and yet the total spending still goes up.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by iliveonramen View Post
    I'm confused where the President has the authority to spend whatever he wants.
    Well, they've done it by skirting the Constitution. They've been using spending resolutions to bypass the rules for budgeting. In essence, they haven't passed a budget in 4 years (Obama has proposed budgets, but they got a total of 1 vote in four years) and have just passed small spending resolutions that don't have the same debate and voting requirements.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by Zyphlin View Post
    Great graph.

    Iraq is at a near "end" and we should be drawing to a close shortly in Afghanistan. We also are no longer needing to operate under a budget including an "emergency" boost of Stimulus. We should be looking to cut spending back down to 2003 or 2004 levels, adjusted for inflation only.

    Unfortunately, Obama's stated he's basically wanted to keep spending at these same relative levels rather than at 2003 or so levels and tries to justify the insane amount of spending by pulling on emotional heart strings through talks of "reinvesting" it in America....IE, taking money from Americans AND borrowing a **** ton of money to spend on Americans in a way that the government sees fit.
    Cutting Govt. spending while unemployment is so high is a sure way to put us back into recession. Just ask the Europeans.
    The revenue increases from full employment and ending the Bush tax cuts along with a growing economy will improve the defcit all by themselves. We can look at further cuts when the economy is not so fragile.
    Last edited by iguanaman; 12-27-12 at 04:49 PM.

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by ksu_aviator View Post
    I think a lot of Obama supporters like to conveniently leave out that the military spending from the two wars is nearly gone and yet the total spending still goes up.
    What you ignore is our high unemployment and the fact that our population grows every year and our money is worth less. Spending will always increase because of those factors. We have spent 10 Trillion on defense since 2000 and the budget keeps going up every year.

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    Re: Harry Reid: "We're going over the cliff"

    Quote Originally Posted by Wiseone View Post
    Ya why should they care about suffering, chronic unemployment, and
    dependence as long as its someone else's fault. Now that's a party I can vote for!

    Everyone needs to sit down, ****ing get over themselves, and make a deal happen.
    You dont make a " deal " thats going to make things worse.

    Removing the debt limt and no reforms on entitlments with tax increases ?

    The Republicans should walk away.

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