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Thread: Obama: Like families, govt to make hard choices

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    Obama: Like families, govt to make hard choices

    Obama: Like families, govt to make hard choices

    AP, WASHINGTON – Families are making tough decisions about their money and so too will their government, President Barack Obama said Saturday, promising that spending cuts are coming — and soon.

    At a Cabinet meeting Monday, the president will ask department and agency heads for specific proposals for trimming their budgets.
    I'm so confused. Is this the same President who just spent trillions on economic "stimulus"? I can't read any more. I just can't.

    This is utter fail. It reminds me of that crazy henchwoman in Austin Powers 2:

    "Lies. ALL LIIIIIEEESSS!!!"

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    Re: Obama: Like families, govt to make hard choices

    hmm, i think i'm going to call Merriam-Webster and tell them i found a perfect example for the word "contradiction"
    "You can turn your back on a person, but never turn your back on a drug,
    especially when its waving a razor sharp hunting knife in your eye." - Hunter S. Thompson

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    Re: Obama: Like families, govt to make hard choices

    It makes sense. When you waste two trillion dollars, you end up having to tighten your belt.

    Even if it means cutting useful programs.

    Just wish they would have made some hard choices earlier in the year.

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    Re: Obama: Like families, govt to make hard choices

    Quote Originally Posted by Analyst View Post
    Obama: Like families, govt to make hard choices



    I'm so confused. Is this the same President who just spent trillions on economic "stimulus"? I can't read any more. I just can't.

    This is utter fail. It reminds me of that crazy henchwoman in Austin Powers 2:

    "Lies. ALL LIIIIIEEESSS!!!"

    What do you think would have happened had not this money been allocated? I bet a lot of 401ks that retirees rely on for income would be hurting real bad.

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    Re: Obama: Like families, govt to make hard choices

    Quote Originally Posted by winston53660 View Post
    What do you think would have happened had not this money been allocated? I bet a lot of 401ks that retirees rely on for income would be hurting real bad.
    I seriously doubt that would have happened and even if it did the government does not exist to secure your retirement.

    A cursory knowledge on retirement planning tells you to diversify your investments in case of situations like this. If they put all their eggs in one basket let them suffer the consequences.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Obama: Like families, govt to make hard choices

    Why should other people have to pay for your retierment. If you spent your entire life living above your means and not saving ar saving dumbly like all in one place than why should others pay for you mistakes.

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    Re: Obama: Like families, govt to make hard choices

    Yeah, great argument.

    Except that Social Security isn't "other people paying for your retirement", because you paid into it for forty years. Pension plans are not "other people paying for your retirement," because you've worked for decades for the same employer and that is part of your compensation package.

    And in case you didn't notice, our little economic crash here wiped out nearly half of the planet's wealth. It doesn't matter how well you've diversified your holdings, if you had a pot to piss in and a window to throw it out of last year, you took a hit.

    You know, part of this "personal responsibility" ethic that people keep throwing around as if it's a silver bullet-- a miraculous counter-argument against any and all government action-- is that if a person behaves responsibly and does what they are supposed to do, they will be rewarded.

    When the majority of wealth in this country is held by a class of parasites who are compensated completely out of proportion to their contributions to either their employer or society, calling for "personal responsibility" and blaming hard-working American families for the hardships they suffer isn't just disingenuous, it is despicable.

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    Re: Obama: Like families, govt to make hard choices

    Except SS is toast, been toast, and no one does anything about it.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama: Like families, govt to make hard choices

    Certainly can't argue with that. I just hate the way "responsibility" has been turned into just another political buzzword that means, essentially, the opposite of what it means in English.

    When someone works hard and invests money for retirement, they are being responsible and should be rewarded for it. When someone rips off a pension fund to line their own pockets or gets paid hundreds of millions of dollars to run a company into the ground, they should be held responsible for it. That is what "responsibility" means, and that is the kind of responsibility that I want to see our governments and our corporations and every other social institution in this country uphold.

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    Re: Obama: Like families, govt to make hard choices

    I'm just glad they're back in session this week so they can cut out some of the spending in their new spending proposals.
    Pain can be such a beautiful thing

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