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Thread: Obama Releases $3.4 Trillion Budget Plan

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Truth Detector View Post
    You are correct; Bush spent us into a $200 billion deficit dealing with 9-11, fighting two wars and the devastation of a Democrat run city that was ill prepared.

    Obama just throws the money at Liberal programs intended to increase the span and control of Government without even a debate as to how to pay for it all.

    Let's not also forget that while Bush was in office, Liberals chastised him for spending away the surplus for daring to allow/permit the citizens of this nation to keep MORE of their own money.

    While spending this nation into a $1.8 trillion hole, not one Liberal chastised him for a tax giveaway.

    Hypocrisy is the rule of the day when it comes to Democrats.
    A couple points. First, as a liberal, I criticized President Bush not for giving tax cuts, but for giving tax cuts before we had paid off the debt. Tax cuts should, ideally, be a reward for fixing the deficit and debt. Note that I think Obama's tax cuts where also a mistake for the same reason, and because the extra tax savings is not going to have a significant imp[act on the economy. I save enough from Obama's tax cuts to afford an extra pack of cigarettes a week, which is not going to really stimulate the economy, especially since I am giving almost all of the tax cut back to the government when I buy that pack.

    Secondly, you failed to mention a key point, which is that Obama is dealing with a financial crisis, which Bush did not really have to do. When this crisis started, Bush was already on his way out, though I do note that Bush also threw money at the problem. This is why I say that comparing the deficit under the two is not fair, yet.

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Truth Detector View Post
    What does ANY comparison of Bush's Presidency have to do with the current level of irresponsible spending we are witnessing from this Administration and Congress?
    There is no way to understand the size of a budget unless we compare it to the previous administrations budget.

    Quote Originally Posted by Truth Detector View Post
    I am hardly dog piling on anyone or being disrespectful of your opinion or Khay's, I am asking, what is the relevance of even attempting to compare what happened in the previous administration with what is happening now?
    It is a valid comparison.

    If a report says spending is up 50%.

    50% of what? the previous administrations budget.

    Quote Originally Posted by Truth Detector View Post
    Regardless of whether an item is ON budget, or OFF, a deficit is a deficit no matter how you attempt to define it; it is when EXPENDITURES exceed REVENUES and it doesn't matter if it INCLUDED in the BUDGET which is nothing more than a GUESS, or NOT.
    Expenditures have been exceeding revenues for a long, long time.

    This is nothing new.

    Quote Originally Posted by Truth Detector View Post
    I find it amazing when people always attempt to point at Bush when he is no longer in charge and we are dealing with the HERE and NOW.
    It used to make comparisons. see above.
    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.
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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Harry Guerrilla View Post
    Its 1/6 the budget, thats a pretty good size.
    My point was that:
    -The fraction of the total went from 1/5 to 1/6 because total spending went up, not becauise defense spending went down;
    -The % of defense spending, or the supposed allocatiuon of funds for the 'occupation' of Iraq/Afghanistan is irrelevant to the ssue at hand.

    It means that Obama is including defense spending in his budget.
    G.W. did not do that.
    It doesnt look like Obama is either.
    Last edited by Goobieman; 05-07-09 at 03:03 PM.

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Truth Detector View Post
    From the same article from the New York Times which helped drag this Community Organizer across the finish line to become President:

    While the $17 billion in projected savings represents a small portion of the proposed budget, Mr. Obama insisted that “that’s a lot of money, even by Washington standards.” It was enough to pay for a $2,500 tuition tax credit for millions of students, for larger Pell education grants, he said, “with enough money left over to pay for everything we do to protect the National Parks.”

    “For every dollar we seek to save there will be those who have an interest in seeing it spent,” the president said. “That’s how unnecessary programs survive year after year. That’s how budgets swell.”

    But, he added, “We cannot accept business as usual.”


    You cannot be THIS President and make THESE assertions and not laugh your ass off.
    So what you're saying is tax cut proposals are irrelevant? Isn't that what you think ought to happen?

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Analyst View Post
    Let's assume for the moment that he actually does intend to make further cuts.
    Just as it is completely inane to assume this country can "conserve" or "green" its way to energy independence; it is absurd bordering on retarded to assume that one can "CUT waste" their way to a balanced budget.

    This isn't just about how reckless and criminally negligent this Administration and Democrats controlling Government spending, this is about the desperate effort to avoid any honesty with the American people about how they will PAY for it for purely partisan political reasons.

    The Obama Administration is already developing a strategy to renege on the tiny pathetic pandering tax credits he was offering up to the poorest among us who were stupid enough to vote for Obama.


    Quote Originally Posted by Analyst View Post
    Then again, this may just be another of his smoke screens to placate those infuriated by the spending. While I don't entirely share all your negative views on Obama, he does seem to be all over the map and is adept at creating distractions that take the focus off of his shortcomings.
    Now you are getting closer to the TRUTH.

    By the way, I do not hate the man; I hate his politics! From a purely personal standpoint, his wife has exhibited grace in the office, his kids are darlings and he is definitely an intelligent and astute POLITICIAN, but his efforts to move this country way to the LEFT using divisive partisan populist rhetoric and being dishonest about how to pay for it are what anger me.

    But then, I was under NO delusions about what this man was going to do and intended to do to this country when he got into office. My current efforts are to point them out to the millions who still continue to fawn over his idiotic and patently naïve notions about foreign policy and economics.
    Last edited by Truth Detector; 05-07-09 at 03:07 PM.

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Goobieman View Post
    My point was that:
    -The fraction of the total went from 1/5 to 1/6 because total spending went up, not becauise defense spending went down;
    -The % of defense spending, or the supposed allocatiuon of funds for the 'occupation' of Iraq/Afghanistan is irrelevant to the ssue at hand.


    It doesnt look like Obama is either.
    I'm not arguing that the spending is good first off.

    I think K makes a valid point and that some people here like to dismiss it.

    Thats really all it is for me.
    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 Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Redress View Post
    Secondly, you failed to mention a key point, which is that Obama is dealing with a financial crisis, which Bush did not really have to do.
    You don't recall the recession Bush inhereted from Clinton?
    It was 'the worst economy in 50 years' according to some.

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Harry Guerrilla View Post
    I'm not arguing that the spending is good first off.

    I think K makes a valid point and that some people here like to dismiss it.
    I'm still trying to figure out how the point is relevant/valid.

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Truth Detector View Post
    The laughable denial so far is that Obama found $17 billion in savings; how is this even remotely going to pay for the deficit.
    That's 17 billion in 3 months. If he keeps up at just that pace, it would mean over 250 billion over a 4 year term, which is significant. Further, if I was looking at cutting the budget, I would not just hack and slash, eliminate this program, cut that programs budget by 50 %, I would take some time and investigate, find those programs that are least efficient, have the lowest return on the dollar, that are outdated, or bloated bureaucracies(ok, this one is probably almost all government programs), and make my cuts in these places. To do that takes time, and Obama has not had the time to do it yet. I am not sure that he is going to do it, but I am hopeful, though somewhat worried.

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    Re: Obama Releases $3.4 Trillion Budget Plan

    Quote Originally Posted by Goobieman View Post
    You don't recall the recession Bush inhereted from Clinton?
    It was 'the worst economy in 50 years' according to some.
    And this one is significantly worse than that one.

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