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

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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
    raise the income tax on Corporations
    So I take it that you dont think a recession is good enough and we would be better off in a full blown depression.
    "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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    Re: After spending binge, White House says it will focus on deficits

    Quote Originally Posted by Councilman View Post
    Obama knows how to file suit, boycott, threaten, and of course he knows how to manipulate the weak mined liberal, and absolutely dup people an a large scale. Or does that com under the heading baffling them with Bull Shiite.

    As far as practical application of business acumen is concerned it's as foreign to Obama as Christian values and the U.S. Constitution.
    Fixed it for you.
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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.
    Obama's a tiny player in this mess. Bush as well. If you take out their contributions to our unfunded liabilities, it's still well over $50 trillion. Harping on Obama when we are facing that kind of obligation is not only extremely partisan, it's short sighted. $1.4 trillion, significant amounts which can be tied back to the last administration is frankly nothing in the face of $50+ trillion in unfunded liabilities.

    People here need to get their priorities straight for a change.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by Councilman View Post
    the weak mined


    minded?

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

    It seems as though, in a grand case of irony, that one of the cuts that is talked about regards healthcare for those who currently use a "public" system in medicare. That should be an alarm going off for everybody who supports a national public healthcare system. People whine about how greedy insurance companies deny payment for treatments because of concerns about profit, but apparently refuse to see how the government making cuts to budgets effectively causes the exact same situation.

    The other interesting point, is that a poster believes that we need to reduce our military by half, and have a meager 4 aircraft carriers at the ready. While there is room for some cuts in the military, and efficiency can always be improved, such a drastic reduction of our forces would certainley signal a decline in our readiness and willingness to intervene in geo-political affairs that would cause instabilities not only with regards to the areas themselves, but the world wide economy. Having a large force at the ready is a deterrent and the only way I would support such drastic reductions in our military force, was if other western countries and allies were to increase their military readiness and willingness, to offset our own reduction and that there be a plan in place to keep in reserve vast amounts of war ready equipment that can be reinstated to active status overnight(effectively, not literally).

    I believe those are the cuts you can expect in the future. The very healthcare promised to the American public will be under scrutiny for budgetary cuts, and reduction of our armed forces.
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

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

    Quote Originally Posted by The Prof View Post
    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
    That's a conundrum for any serious budget deficit reduction effort. Smaller groups stand to lose disproportionately and have an incentive to mobilize to preserve their cashflow from the government.

    IMO, if such cashflow from the federal government is to be preserved, offsetting measures should be adopted to pay for such expenditures. If they're not paid for, then they should not be extended. The longer-run costs (additional deficits, interest incurred on such deficits, long-term adverse macroeconomic impact from increasing structural budget deficits) to the nation, even if they are spread out among the population as a whole--outweigh the benefits.

    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
    I'm well aware of the political maneuvering that was attempted on that issue vis-a-vis the health care legislation and am relieved about the outcome, though I am concerned that it is temporary.
    Last edited by donsutherland1; 11-14-09 at 09:35 AM.

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

    Quote Originally Posted by donsutherland1 View Post
    That's a conundrum for any serious budget deficit reduction effort. Smaller groups stand to lose disproportionately and have an incentive to mobilize to preserve their cashflow from the government.

    IMO, if such cashflow from the federal government is to be preserved, offsetting measures should be adopted to pay for such expenditures. If they're not paid for, then they should not be extended. The longer-run costs (additional deficits, interest incurred on such deficits, long-term adverse macroeconomic impact from increasing structural budget deficits) to the nation, even if they are spread out among the population as a whole--outweigh the benefits.



    I'm well aware of the political maneuvering that was attempted on that issue vis-a-vis the health care legislation and am relieved about the outcome, though I am concerned that it is temporary.
    hi, mr sutherland, i really appreciate your thoughtfulness, sobriety and self respect

    doctors, the way i observe it, object to extreme cuts in their pay mandated from on high, as well as their being increasingly forced into these exchanges that schedule their pay at such piddly rates as medicare plus 5, for instance, which kent conrad and many, many others have declared repeatedly will destroy health care in their more rural districts and states

    it's, like you say, a conundrum

    and, yes, the half T of cuts to m and m used to keep cbo off baucus' back are never gonna happen

    the whole thing is just an entire mess

    reid seems to be scheduling health care to death

    that is, he's not moving

    no way it can be finished by state of the union

    ie, big trouble

    actually, lieberman and nelson have already declared, and others, like bayh, are known, as well

    even mr reid and this white house are beginning to understand the meaning of 40 + 2

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

    I really need to stop typing posts when I'm pissed. I leave letters and even whole words some times.
    I guess I was thinking about the disclaimer I was forced to put on all my blogs from now on.

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

    The sheep in this country might fall for this absurd half-measure(even you can even call it a "half"), but I doubt the chinese are buying this, as well as anymore of our debt.

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

    Quote Originally Posted by Strucky View Post
    So I take it that you dont think a recession is good enough and we would be better off in a full blown depression.
    I thought that was what Rush Limbaugh and you Republicans were hoping for.

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