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Thread: Obama sending Congress $4T budget replete with new spending, taxes

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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by Unitedwestand13 View Post
    It seems to me that you are the person who needs to understand the meaning of personal responsibility.

    Do I justify giving my money to the federal government with the expectation that it will benifit me personally? No

    I give my money to the federal government so that it can implement policies that are beneficial to society and the needs of all citizens, not just myself.

    And unless I know for certain where exactly does the government spend its money, I cannot support propositions that blindly slash monatary amounts.
    You live in the right state for entitlements, high taxes, and high debt. What exactly do you have to show for it?

    You are very naïve if you believe that giving your money to the Federal Govt. does that and all you have to do is look at the results. Trillions in debt and what do you have to show for it other than massive dependence. What problems have been solved?

    I suggest you find out where your state funds are going since most in your state are dependent on state for local social program and now you want the Federal Govt. to do what the state is doing. Why?

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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by iliveonramen View Post
    It's not total ignorance...I'm not saying we should cut or increase the budget for defense...but the defense of the nation is a much bigger portion of the pie than just the slice that goes to the Department of Defense. Anti-Terrorism is one of the main components of keeping the US safe a large potion of that occurs in Homeland Defense and the FBI. Minus debt spending (yes...defense spending has contributed to the national debt) total defense spending is pretty close to a trillion dollars. That's the amount we spend keeping the nation safe from terrorism and foreign threats.
    Then take the budget of the U.S. and tell me what that amount is rather than speculating. If total defense spending is a trillion dollars that is 1/4 of the Obama U.S. Budget request and you still haven't told me why we need a 4 trillion dollar budget?

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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    the thought of a 4 T budget is just cringe worthy.
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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by Conservative View Post
    You live in the right state for entitlements, high taxes, and high debt. What exactly do you have to show for it?

    You are very naïve if you believe that giving your money to the Federal Govt. does that and all you have to do is look at the results. Trillions in debt and what do you have to show for it other than massive dependence. What problems have been solved?

    I suggest you find out where your state funds are going since most in your state are dependent on state for local social program and now you want the Federal Govt. to do what the state is doing. Why?
    I know that I was brought up correctly because I know it is wrong to take away from people something that they depend on.
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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by SlevinKelevra View Post
    12,500 per person. It scares me when people can't scale/normalize simple data. Shall we next discuss how that compares to the rest of the "first world", and why?
    Interestingly, thats about what I pay in taxes, so Im doing my part at least.

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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by Visbek View Post
    Sorry, one more thing.

    Let's say I have life insurance. I pay $2000/yr, and my policy pays $100,000.

    The insurance company doesn't take my premiums, put it in a tiny hidey-hole, and return those funds to me. They pay the CURRENT life insurance collectors with my money.

    Whatever is left over from the year's revenues does not sit around, doing nothing. The insurance company invests it, including lending it to people who may or may not pay back in full and/or on time. If the insurance company is having an off year, they may borrow to cover some of those expenses. Or, rather than withdraw money from an investment that pays a 10% return, they might borrow at 2% to pay off the collectors.

    And yet, no one refers to commercial insurance as a Ponzi scheme. Huh.
    Maybe this makes sense in another post, but how can you compare the federal government to your insurance company?

    Your insurance premiums are determined by actuaries, and the premiums are intended and always were intended to help fund and run the company. There is no secret to that. Just like any service provider uses funds collected from its customers to run the company.

    The federal government takes your taxes out of your paycheck (and it isn't voluntary) and those funds are supposed to be set aside for your old age. Those funds were intended to go directly to a fund set up for exactly that purpose. The money taken from workers was never supposed to be comingled with budget funds. The deductions from your paycheck weren't intended to run and fund the government.
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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by jonny5 View Post
    Interestingly, thats about what I pay in taxes, so Im doing my part at least.

    About 23k for our household this year. (of 2 people)

    Winning, I guess.

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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by Conservative View Post
    Then take the budget of the U.S. and tell me what that amount is rather than speculating. If total defense spending is a trillion dollars that is 1/4 of the Obama U.S. Budget request and you still haven't told me why we need a 4 trillion dollar budget?
    There's a lot of things that are increased above sequester numbers. Why don't you point out where the wasted spending is? I can go on a list that ranges from spending to combat anti-biotic resistant bacteria to increased spending to the National Science Foundation.
    “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: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by SlevinKelevra View Post
    12,500 per person. It scares me when people can't scale/normalize simple data. Shall we next discuss how that compares to the rest of the "first world", and why?
    Sure, knock yourself out. I'm sure someone would like to have that discussion with you. Start a thread on it and I'm sure someone will oblige you. I'd prefer to stay on topic, thanks.
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

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    Re: Obama sending Congress $4T budget replete with new spending, taxes

    Quote Originally Posted by Unitedwestand13 View Post
    I know that I was brought up correctly because I know it is wrong to take away from people something that they depend on.
    Yes, I expected that from you, when you create an entitlement program and then try to take it away that does indeed happen which is why you create entitlement programs only as a last resort. That is happening with ACA now, another entitlement program that will cost more than intended and do less than intended except to the bureaucrats that created it. Liberalism loves having people like you who has no problem spending in the name of compassion to generate more dependence and thus job security.

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