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Thread: After spending binge, White House says it will focus on deficits

  1. #11
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    Re: After spending binge, White House says it will focus on deficits

    How great would THAT be! Make Social Security optional --- then kill off Medicare / Medicaid, Welfare, ... woo... just got the goosebumps.

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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Ockham View Post
    How great would THAT be! Make Social Security optional --- then kill off Medicare / Medicaid, Welfare, ... woo... just got the goosebumps.
    Go for it, bro. Reagan said he was going to it, but he converted to Socialism after a year as President.

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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Ockham View Post
    Yeah, I thought this was one of those fake story's that are meant as "gotchya" moments for the media, but it's apparent that it's for real. I love the "deficit summit" --- sort of like holding a seminar about the dangers of fire, in the smoldering hull of a house. I can't believe (other than the ultimate shills) would buy into this... funny funny stuff.
    The first thing we need to do is scrap seven of our eleven Air Craft Carriers.

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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Orius View Post
    Thanks don for your insights as usual.

    Along similar lines, I was just going to say that it's been a string of presidencies that have brought us down this road, and the blame can't all be put on Obama. Yes he is part of the problem but he isn't the only source. It's also important to remember that the President is just the face of these decisions; he has executive powers but he also has an entire team assembling scenarios and options for him and congress to consider.

    The financial problems are a result of collective mistakes and putting that all on one man is incredibly shortsighted and, frankly, ignorant.

    In order for the U.S. to have a tangible financial future, all spending will have to be reduced, conservation will have to be the motto of operation, taxes will increase, and the government must reduce in size. All of these are key to deficit management. Unfortunately, one aspect of increasing the value of currency is capital which may mean more wars in the future to procure assets... but I can only pray that the taste for war fades from consciousness for a while.
    I say we means test Social Security and Medicare, cut the military by half, raise the limit on wages subject to the SS and Medicare tax, raise the income tax on Corporations and terminate Medicare Advantage.

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    Re: After spending binge, White House says it will focus on deficits

    24.7B may not be much compared to the federal deficit (the mass of jupiter barely compares to the federal deficit, after all), it's an awful big cut to doctors' pay

    it's what underlay reid's cynical attempt to slice off of obamacare and account instead against the national debt his quarter T doc fix

    of course, the fix failed on the floor, 47 to 53

    12 dems and jiltin joe joined omnipresent olympia in preventing the leader from getting EVEN 50, let alone 60

    when it comes to obama suddenly heeding the message of virginia and jersey, however---LOL!

    he faces as crunching a credibility challenge concerning accounts as he's up against pretending to be a decisive war leader in afghanistan

    CBO: Budget deficit hit record $1.4T in 2009 - Yahoo! Finance

    U.S. Treasury Confident Congress Will Increase Debt Ceiling - Bloomberg.com

    just picture the president attempting such a prodigious "pivot," out of nowhere, before joint assembly

    and, if you really wanna laugh, look at this---obama in february at the state of the union, saying, "we've got to pass health care this year, we can't afford to do nothing, it must meet my goals of affordability, universalty, and it must not add a dime to the deficit"

    LOL!

    do you see what i see?
    Last edited by The Prof; 11-13-09 at 09:08 PM.

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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Orius View Post
    Along similar lines, I was just going to say that it's been a string of presidencies that have brought us down this road, and the blame can't all be put on Obama. Yes he is part of the problem but he isn't the only source.
    I agree and it is not my intention to make such criticism. The problem is the result of many years of bipartisan choices.

    President Obama is still early in his first term, so it's too soon to judge him. I'll be interested to see what kind of fiscal consolidation plan he comes up with. Timing the implementation of the plan will depend on the economy's having resumed sustained economic growth. Until that happens, it will be difficult to aggressively cut the deficit without risking renewed recession.

    I am quite skeptical of the Congress given the two examples I cited.

    I can only pray that the taste for war fades from consciousness for a while.
    Hopefully, the Administration can come up with a viable plan for Afghanistan so that the United States' objectives can be met and its interests safeguarded.

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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Whip Comes Down View Post
    You poor folk don't need to worry. We rich folk just need to pay our fair share.



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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Whip Comes Down View Post
    I say we means test Social Security and Medicare, cut the military by half, raise the limit on wages subject to the SS and Medicare tax, raise the income tax on Corporations and terminate Medicare Advantage.
    The Medicare tax is already imposed on all wages, and applying a means test won't do much for either Medicare or SS, as few people work after age 65 as it is.

    Quote Originally Posted by Whip Comes Down View Post
    You poor folk don't need to worry. We rich folk just need to pay our fair share.
    By all means, feel free to pay more. You can write the treasury a check for however much you want and they'll gladly accept it.
    Last edited by RightinNYC; 11-14-09 at 02:37 AM.
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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Whip Comes Down View Post

    When's the last time a conservative campaigned on terminating the Social Security System?
    Obviously you don't know where that money comes from...lol. Really, who do you think puts money into SS?...

    You're so rich that you don't have clue how the system works. Must be nice!...LOL
    Last edited by apdst; 11-14-09 at 02:43 AM.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Whip Comes Down View Post
    You poor folk don't need to worry. We rich folk just need to pay our fair share.
    So whats holding you back?Go ahead and pay higher taxes if you feel you can afford it.

    When's the last time a conservative campaigned on terminating the Social Security System?
    Who's talking about terminating Social Security?
    "The problem in defense is how far you can go without destroying from within what you are trying to defend from without."

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