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Thread: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

  1. #381
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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by francois60 View Post
    You can't take credit for a lower deficit and lower spending when you opposed that lower spending.
    Medicare spending, a huge (and formerly fast-growing) chunk of the federal budget just shrank on a per capita basis. We had at least two elections cycles (2010/12) where Obama was hammered repeatedly for his Medicare policies. Now that they're working, perhaps it's time for a little credit.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by American View Post
    Reducing the deficit today to zero is a good thing.
    Why stop there? A 500 billion dollar surplus will do, no less. To discount the massive improvement in the fiscal health of the country in the past 5 years is nothing more than blind partisanship.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Greenbeard View Post
    Medicare spending, a huge (and formerly fast-growing) chunk of the federal budget just shrank on a per capita basis. We had at least two elections cycles (2010/12) where Obama was hammered repeatedly for his Medicare policies. Now that they're working, perhaps it's time for a little credit.

    He was hammered for far more than his " medicare " policies.

    From his economic policies to his foreign policy to the disaster that is ObamaCare , Obama's legacy as one of the WORST Presidents in our Nation's history is practically in stone.

    People don't like being lied too. They don't like being told they're too stupid to know what's best for them.

    The video of ObamaCares key architect saying American voters were idiots and thats why ObamaCare was sold on a pack of lies has exposed a side of the left wing that Millions of Americans didn't know existed.

    That these elitist look down on the average American.

    Now I've known this for a loong time. Left wing policies have to be misrepresented publicly.

    Or else no one would support them.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by a351 View Post
    Why stop there? A 500 billion dollar surplus will do, no less. To discount the massive improvement in the fiscal health of the country in the past 5 years is nothing more than blind partisanship.

    Fiscal health ?

    We've added 7 Trillion to our structural debt and our FED is monetizing our debt like its going out of style.

    The economy after 6 years with record low interest rates is stagnant and not creating enough new jobs to keep up with population.

    A good chunk of the new jobs are part time and Corporations would rather buy up their overvalued shares than risk their principle by investing it in the American economy.

    Median income levels have flatlined and still haven't returned to 2007 levels.

    Poverty rates are up and blue states are sitting on massive amounts of debt and unfunded liabilities.

    Banks would rather park excess reserves at the FED earning paltry .25 percent than risk their principle in this economy.

    And wait until the Business mandate of ObamaCare kicks in.

    There's nothing to brag about. Not of your'e a Democrat.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Fenton View Post
    He was hammered for far more than his " medicare " policies.
    Sure, but since Medicare is the single biggest driver of long-term deficits, it's particularly relevant to the subject of this thread. And Obama was hammered mercilessly for taking action to turn it around. Now those efforts seem to be bearing quite a bit of fruit.



    Can't imagine why the budget picture is brightening.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Greenbeard View Post
    ...And Obama was hammered mercilessly for taking action to turn it around. ...
    If Obama was pushing for lower taxes on the rich, and to eliminate welfare, and to cut wasteful spending, he would still be hammered by those on the far right.

    It's not about his policies, it's about the "(D)" after his name and the color of his skin.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Fenton View Post
    They posted a graph that didn't count the stimulus in Obama's spending spree.
    Where is your proof?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Greenbeard View Post
    Sure, but since Medicare is the single biggest driver of long-term deficits, it's particularly relevant to the subject of this thread. And Obama was hammered mercilessly for taking action to turn it around. Now those efforts seem to be bearing quite a bit of fruit.



    Can't imagine why the budget picture is brightening.
    It is also the most likely to benefit from "death panels" or making the (correct?) medical decision to acknowledge that a patient is terminallyy ill and seek to offer only care that improves the quality of life. This is a morally, and politically, tough call yet not that difficult strictly medically speaking. Many uncurable and barely treatable conditions, such as end stage cancer and Alzheimer's disease, offer no real hope of recovery regardless of how "aggressive" (and expensuve) the treatment given is.

    Before I Die: Spending on Care

    http://www.debatepolitics.com/breaki...post1063969481
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by a351 View Post
    Why stop there? A 500 billion dollar surplus will do, no less. To discount the massive improvement in the fiscal health of the country in the past 5 years is nothing more than blind partisanship.
    You're the partisan, standing up for Obama's failed control of spending. He promised to reduce spending, he didn't.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: U.S. Deficit Decline to 2.8% of GDP Is Unprecedented Turn

    Quote Originally Posted by Kobie View Post
    ...

    Way to have no idea what you're talking about.
    Your one liner contains even less, not surprisingly.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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