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independent_thinker2002; [QUOTE said:No, a loss of potential revenue is being called an expense.
Uh, no it isn't. If you project less revenue, spend less. The fact is govt. revenue grew so there wasn't less revenue, there was more. Projections from this Administration have never been accurate.
That's an interesting analysis of TARP.
What does TARP have to do with the banking business model?
The states are broke. Are you suggesting that we let Alaska implode? They take in more federal money than they pay in.
States that are broke spend too much, it has nothing to do with revenue. Give a liberal politician a dollar and they will spend two.
PAYGO says that you can't have a policy in the red for more than 10 years.
Don't see an answer, where does the money come from to pay for extended unemployment benefits?
The GOP is going to raise THE debt ceiling.
Maybe but not without strings. You don't know what the GOP is going to do, hope they allow the govt. to shutdown.
Oh, like the money pit in Iraq?
Right, in the liberal world 100 billion dollars a year will eliminate the trillion dollar a year Obama deficits.
Spending isn't a problem, it is THE problem