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Thread: WHitehouse: Obama to lay out Spending Plan

  1. #101
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    Re: WHitehouse: Obama to lay out Spending Plan

    andrew cuomo's response to NEW YORK's budget mess

    The State of the State begins with an honest analysis of the crisis that we face. In government, as in life, you can never solve a problem if you refuse to acknowledge it. The economic recession has taken an especially hard hit on the State of New York. In 2009, we had a twenty-six year high in unemployment, roughly 800,000 New Yorkers are now unemployed, hundreds of thousands more are under-employed. We have the worst business tax climate in the nation, period. Our taxes are 66% higher than the national average. Upstate is truly an economic crisis. In real GDP, from 2001-2006, upstate New York grew about 1.7% per year while the average in the nation was 2.7%. The costs of pensions are exploding, 1.3 billion in 1998-1999, projected for 2013, 6.2 billion - a 476% increase and its only getting worse.

    The State of New York spends too much money, it is that blunt and it is that simple. Our spending has far exceeded the rate of inflation. From 1994-2009, inflation was about 2.7% per year; medicaid when up over 5% per year and education went up over 6% per year. We just can’t afford those rates of increase. State spending actually outpaced income growth. State spending increased just under 6%, personal income growth was only 3.8%.

    And most damaging, our expenses in this state far exceed revenue. We’ve been focusing on this year and the deficit this year, which is a very large deficit about $10 billion, and that is a problem and it is a major problem; what’s worse is it’s not just about this year. Next year, the problem goes to $14 billion. The year after, the deficit goes to $17 billion. This is not a one year problem my friends. This is a fundamental economic realignment for the State of New York. You look at the chart, you look at the arrows and this is an unsustainable rate of growth and it has been for a long time.

    Not only to we spend too much, but we get too little in return. We spend more money on education than any state in the nation and we are number 34 in terms of results. We spend more money on Medicaid than any other state in the nation and we are number 21 in results. We spend about $1.6 billion per year in economic development and we are number 50 in terms of results.

    And the large government we have is all too often responsive to the special interests, over the people of the State of New York. The proof is in the pudding. And New Yorkers are voting with their feet. Two million New Yorkers have left the State over the past decade. What does this say? It says we need radical reform, it says we need a new approach, we need a new perspective and we need it now. This is a fundamental realignment for the state. We are going to redesign our approach because the old way wasn’t working anyway, let's be honest.

    We are going to start by transforming New York’s economy. Because what made New York the Empire State was a not a large government complex, it was a vibrant private sector that was creating great jobs in the State of New York. That’s what made us the Empire State once and that’s what’s going to make us the Empire State again. And we have to relearn the lesson our founders knew and we have to put up a sign that says New York is open for business. We get it. And this is going to be a business friendly State.

    Next, we are going to have to confront the tax situation in our State. The property taxes in New York are killing New Yorkers. Thirteen of the sixteen highest tax counties are in New York when assessed by home value. In absolute dollars, Westchester County has the highest property taxes in the United States of America. Nassau County has the second highest property taxes in the United State of America. It has to end, it has to end this year. We have to hold the line on taxes for now and reduce taxes in the future. New York has no future as the tax capital of the nation. Our young people will not stay. Our business will not come. This has to change.

    Put it simply the people of this state simply cannot afford to pay any more taxes, period.

    We need to transform our budget. We have to start with an emergency financial plan to stabilize our finances we need to hold the line and we need to institute a wage freeze in the State of New York. We need to hold the line on taxes, we need a state spending cap and we need to close this $10 billion gap without any borrowing.
    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

    leadership, anyone?

  2. #102
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    Re: WHitehouse: Obama to lay out Spending Plan

    and in NEW YORK it aint just RHETORIC

    Cuomo budget: $10 billion deficit cut, no new taxes, layoffs likely

    obama's a roadblock

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by USA_1 View Post
    Bush was the most expensive president ever. He doubled the debt while driving the economy into the ground for the next president.
    “The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It
    is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing
    financial assistance from foreign countries to finance our Government's reckless fiscal policies…
    Increasing America's debt weakens us domestically and internationally. Leadership means that ‘the
    buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our
    children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve
    better.” - Sen. Obama, Congressional Record, S.2237-8, 3/16/06
    That was before the debt exceeded 9 trillion dollars, Obama has now added almost 4 trillion to the debt in 2 plus years. Doubt Obama is qualified to talk about debt reduction

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by Conservative View Post
    That was before the debt exceeded 9 trillion dollars, Obama has now added almost 4 trillion to the debt in 2 plus years. Doubt Obama is qualified to talk about debt reduction
    2009 was Bush's budget. Revenues were in the toilet thanks to Bush's recession. It's amazing that people think republicans do a better job than democrats.(I don't care for either party) Six years of GOP rule has pretty much destroyed the economy. Blame Obama if it makes you feel better , but he really did inherit a disaster. It is undeniable unless you are in denial.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: WHitehouse: Obama to lay out Spending Plan

    cuomo's doing a better job than anyone, and he's a dem

    the more mature approach is not how we got here but how we get out

    obama's a roadblock

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by USA_1 View Post
    2009 was Bush's budget. Revenues were in the toilet thanks to Bush's recession. It's amazing that people think republicans do a better job than democrats.(I don't care for either party) Six years of GOP rule has pretty much destroyed the economy. Blame Obama if it makes you feel better , but he really did inherit a disaster. It is undeniable unless you are in denial.
    I am really getting sick and tired of the blame Bush rhetoric and the total dishonesty of liberals. Bush had absolutely nothing to do with the stimulus spending or the war supplemental for Afghanistan or the 350 billion he left for Obama to spend from TARP. What affect did those have on the 2009 deficit? Obama inherited a disaster and today we still have more unemployed than when he took office and more debt in two years than any other President in U.S. history other than Bush and he will exceed Bush the end of his first term.

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by Conservative View Post
    I am really getting sick and tired of the blame Bush rhetoric and the total dishonesty of liberals. Bush had absolutely nothing to do with the stimulus spending or the war supplemental for Afghanistan or the 350 billion he left for Obama to spend from TARP. What affect did those have on the 2009 deficit? Obama inherited a disaster and today we still have more unemployed than when he took office and more debt in two years than any other President in U.S. history other than Bush and he will exceed Bush the end of his first term.
    I agree with the above. It is truely sad after being on this site for a while to read how poorly educated many people are. Either that or that their political hackery is so think that they no longer have the ability to think indeprendently. If the white house and it's friends did not srew out talking points my sense is that many of the people of this site would have to leave as they would have nothing t say. Then they could study up on comic books and rebew their debate.

    I came here oping for some folks who had the firepower (intellectually) to make me really think through my thoughts. I usally skip over at least 2/3 of the comments on this site rather than try and repond to someone who clearly can't or won't understand even basic economics, politics etc.

    Best of luck finding a worthy debating partner.

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by USA_1 View Post
    2009 was Bush's budget. Revenues were in the toilet thanks to Bush's recession. It's amazing that people think republicans do a better job than democrats.(I don't care for either party) Six years of GOP rule has pretty much destroyed the economy. Blame Obama if it makes you feel better , but he really did inherit a disaster. It is undeniable unless you are in denial.
    So, how did Bush cause the recession?

    Cue the deer in the headlights.

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by USA_1 View Post
    2009 was Bush's budget. Revenues were in the toilet thanks to Bush's recession. It's amazing that people think republicans do a better job than democrats.(I don't care for either party) Six years of GOP rule has pretty much destroyed the economy. Blame Obama if it makes you feel better , but he really did inherit a disaster. It is undeniable unless you are in denial.
    Obama added quite a bit to Bush's 2009 Budget, Counting from the day he entered office to today, Obama has doubled the yearly average deficit.

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    Re: WHitehouse: Obama to lay out Spending Plan

    Quote Originally Posted by USA_1 View Post
    Bush was the most expensive president ever. He doubled the debt while driving the economy into the ground for the next president.
    Typical liberal move......IT'S BUSH'S FAULT!



    Last edited by American; 04-13-11 at 07:06 AM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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