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Thread: Obama vows to cut huge deficit in half

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Orius View Post
    It's called stimulus, and it's not that elusive a fact to understand.

    Apparently it is for you, since you call porkzilla "stimulus".....


    Most countries are used to seeing stimulus policy in smaller amounts, in millions or even in billions... because of the scale, people are suddenly not understanding. The higher, the more risk, but also the higher pay off if the stimulus reboots the economy. All that money has a fixed return policy. If it works, it will actually decrease debt due to returns (the initial monetary input + economic development), and if it doesn't, well, at least they tried.


    field mice, golf carts. std testing. look at that "stimulus".....
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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Reverend_Hellh0und View Post
    and "slashing" funding to the troops, including the 17k he just sent to afghanistan.
    Actually, he do have some surprises up his sleeve, the US will withdraw their troops from Iraq, saving $100 billion a year, over 10 year saving the money he used on the stimulous package, including interests paid and being paid for the Iraq war spending..

    Amazing that your interests rates on your state debts a few years from now will be $500 billion a year. Thats 1/4-5th of the federal tax incomes.
    Europe is illegally occupied by the US

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Reverend_Hellh0und View Post
    field mice, golf carts. std testing. look at that "stimulus".....
    Please provide evidence that these account for a more than miniscule portion of the stimulus package.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Orius View Post
    Please provide evidence that these account for a more than miniscule portion of the stimulus package.

    Stimulus Shouldn't Be an Excuse for Pork - WSJ.com

    Pork projects in stimulus examined :: Political News and commentaries :: Hyscience

    Finding the Pork in the Obama Stimulus Bill - US News and World Report











    "Where you might find the pork is in the so-called discretionary spending portion of the bill, which amount to $308 billion"




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    Re: Obama vows to cut huge deficit in half

    I see your point on a couple of things, like the golf carts, and maybe even the clean coal projects... but did anyone expect the democrats to not inject their self-interested ambitions into the stimulus bill? One the whole, the bill is far more about stimulus than pet projects. If the Republicans were in their position they would do the exact same thing... cover the bases, and then add the fluff. I'm not saying that justifies the Democrats doing it, but when you give the group in charge this kind of spending power, they are bound to drool a little bit.

    Also, it would be difficult to justify that kind of spending after the stimulus package has been distributed because everyone's budget would be on a closely monitored system. It may be that they wanted to lump it in there now to get their pet projects out of the way so other things can be focused on later. But maybe this is wishful thinking on my part.

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    Re: Obama vows to cut huge deficit in half

    "Change has come to America." Wiggle your pocket, you can even hear it.
    It's nothing more than X's and O's.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by http://edition.cnn.com/2009/POLITICS/02/21/obama.deficit/index.html
    From 2001 to 2008, Congress appropriated about $173 billion in taxpayer funds toward war-related efforts in Afghanistan and $657 billion in Iraq, according to estimates by the Congressional Research Service.
    So you can drop $800 billion into two countries, but oh no... spend $800 billion on America and christ you're a socialist!

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Orius View Post
    So you can drop $800 billion into two countries, but oh no... spend $800 billion on America and christ you're a socialist!


    No,

    If you nationalize banks you might be a socialist.

    If you nationalize healthcare you might be a socialist.

    If you raise taxes to pay for these things you might be a socialist.




    But yeah, Bush went socialist first. Don't feel bad.
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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Maximus Zeebra View Post
    Actually, he do have some surprises up his sleeve, the US will withdraw their troops from Iraq, saving $100 billion a year, over 10 year saving the money he used on the stimulous package, including interests paid and being paid for the Iraq war spending..
    I'd like to see the fuzzy math it takes to assume that withdrawing from Iraq will somehow save $100 billion a year.

    The military is not going to disappear, at least not yet anyway. So where are all these costs savings other than the cost of flying personnel back and forth from Iraq and supplies going to Iraq instead of where the troops would be stationed anyway?

    In addition to this fuzzy math savings, they don't account for the proposed increased costs to shift troops into the Afghanistan theatre.

    The additional math that has not been accounted for is what happens if we abandon Iraq, in an effort to pay the $2.5 trillion in deficit spending this President has supported without any debate on funding, and Iraq descends into chaos thus causing rampant disruptions in the world oil supply?

    Frankly, the only people who aren't laughing at Obama's criminally negligent spending are those who are either too ignorant to comprehend the impending disaster that will turn America into a giant Zimbabwe or those who willfully suspend their disbelief for purely political power purposes.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Orius View Post
    I see your point on a couple of things, like the golf carts, and maybe even the clean coal projects... but did anyone expect the democrats to not inject their self-interested ambitions into the stimulus bill? One the whole, the bill is far more about stimulus than pet projects. If the Republicans were in their position they would do the exact same thing... cover the bases, and then add the fluff. I'm not saying that justifies the Democrats doing it, but when you give the group in charge this kind of spending power, they are bound to drool a little bit.

    Also, it would be difficult to justify that kind of spending after the stimulus package has been distributed because everyone's budget would be on a closely monitored system. It may be that they wanted to lump it in there now to get their pet projects out of the way so other things can be focused on later. But maybe this is wishful thinking on my part.
    All of your arguments are desperate attempts to justify this criminal irresponsible behavior by Obama and his minions.

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