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Thread: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by celticlord View Post
    You're being disingenuous.

    Or have you forgotten that Dear Leader's spending is the problem of which he so fecklessly speaks?

    Or do you wish to ignore the trillions upon trillions of debt his agenda calls for?

    His budget agenda would conservatively add $9.3 trillion over ten years to the debt he calls unsustainable. At the rate his current administration is adding to the public debt, he will add that amount in a single term of office.

    I do not attack Dear Leader for saying the debt is unsustainable. I attack Dear Leader for his unsustainable debt.
    There is a significant difference between short term and long term debt. It remains to be seen what president Obama will do about the debt issue. So far, 4 months into his administration, we are still in the realm of "short term".

    None of this changes the fact that president Obama said something you agree with, and you use it to start one of your handful of bitch threads for today.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by celticlord View Post
    Vote out all 535 Congressmen and Senators.

    Vote out Dear Leader.

    Vote in candidates willing to, among other things, back term limits for Congress, a requirement the budget be balanced EVERY year, with a proviso that deficit budgets must be approved by a supermajority of 75% of both Houses of Congress.

    Vote in candidates that are willing to confront the sobering fiscal realities of the entitlement monstrosity that Congress has given us--compassion for one's neighbor is all well and good, but it doesn't amount to a hill of beans when there's no money to pay the bills.

    Vote in candidates that are willing to commit to a serious foreign policy, one which does not politicize international crises to curry votes in the home district.

    And if the candidates so voted in fail to deliver the goods, vote them out in two years and vote in new ones until we get a crop that will deliver.
    Well so far we agree fully. I think the only thing we might disagree in is the "what constitutes a serious foreign policy", I don't want another Bush to get us into a two front war that we haven't completed yet.

    My question is could you vote in a fiscally conservative, yet socially liberal candidate? I would in a heartbeat.
    Last edited by TheNextEra; 05-14-09 at 09:35 PM.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by TheNextEra View Post
    More excuses for your party.
    Hardly. Obama's first-year deficit is more than all of the Bush deficits combined. Degree does indeed matter. It's completely unprecedented.

    The Republicans were reckless. Obama's driving drunk.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by Harshaw View Post
    Hardly. Obama's first-year deficit is more than all of the Bush deficits combined. Degree does indeed matter. It's completely unprecedented.

    The Republicans were reckless. Obama's driving drunk.
    Obama inherited Bush's mess. Obama handled it the wrong way yes, but you are comparing apples to oranges. Bush has a surplus. Obama had a defecit.

    Not excusing Obama either, but Bush was handed a different coin than Obama.

    Both are bad IMO.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    The cost of both wars combined is roughly 870 Billion dollars since 2001.
    COSTOFWAR.COM - The Cost of War <--you can thank a lefty Obama supporter for the link.

    Just keep that in mind the next time you see someone say "well the wars cost"(whats funny is they try to only use Iraq) in defense/response to Obama's massive spending.

    Also remember 8 months ago when then candidate Obama and his supporters where running on a platform of "lowering spending and fiscal responsibility."


    2010 get rid of as many of his rubberstamp supporters in Congress as possible. 2012 throw him out of office.
    That will help the US economy more then anything else.
    Last edited by Triad; 05-14-09 at 09:46 PM.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by TheNextEra View Post
    Obama inherited Bush's mess. Obama handled it the wrong way yes, but you are comparing apples to oranges. Bush has a surplus. Obama had a defecit.

    Not excusing Obama either, but Bush was handed a different coin than Obama.

    Both are bad IMO.
    Now THAT'S excuse-making. A deficit which quadruples the last one, and a $3.2 trillion budget, is entirely a choice.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by Triad View Post
    The cost of both wars combined is roughly 870 Billion dollars since 2001.
    Just keep that in mind the next time you see someone say "well the wars cost"(whats funny is they try to only use Iraq) in defense/response to Obama's massive spending.
    the Difference, right or wrong, Obama was spending on the U.S. economy, not Iraq.

    Bush gave a rats ass about the U.S. economy as he was spending in Iraq.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by TheNextEra View Post
    My question is could you vote in a fiscally conservative, yet socially liberal candidate? I would in a heartbeat.
    Most likely. Depends on the social liberalism in question. Gay marriage is not a sticking point for me. Abortion would be something of a sticking point. Drug legalization is something I support.

    What I personally would not support is anything that expands the welfare state or entitlements; those need to be trimmed and in most cases eliminated entirely. Government is a poor guarantor of security, and people need to not look to government as their protector against the slings and arrows of outrageous fortune. That's an expensive luxury no nation can afford indefinitely.

    Show me a tightwad small government type who is socially liberal and you have someone who has a fighting chance for my vote.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by Harshaw View Post
    Now THAT'S excuse-making. A deficit which quadruples the last one, and a $3.2 trillion budget, is entirely a choice.
    Hmm saying both were wrong is making an excuse ok. Whatever get's you hard I guess.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Although I agree with Obama on saying the current debt cannot be sustained in the long run, I disagree with the way he's handling the situation. I don't understand how it's smart to spend borrowed money in the way he does, but maybe I'm just not smart enough to understand.

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