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Thread: Obama: I'll cut $4 trillion

  1. #191
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    please cite evidence to prove your (bogus) assertion
    It has been proven over and over again yet you ignore it. Where is that surplus? It was a PROJECTED surplus based upon faulty assumptions. You cannot have a surplus and deficit increase each year

    Debt by year

    Government - Historical Debt Outstanding Annual

    Debt to the Penny (Daily History Search Application)

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Conservative View Post
    It has been proven over and over again yet you ignore it. Where is that surplus? It was a PROJECTED surplus based upon faulty assumptions. You cannot have a surplus and deficit increase each year

    Debt by year

    Government - Historical Debt Outstanding Annual

    Debt to the Penny (Daily History Search Application)
    and let's see what the CBO has to say:
    http://www.cbo.gov/ftpdocs/108xx/doc...icalTables.pdf

    notice that during the clinton years the annual result went from negative to positive. until the shrub arrived to wreck the economy by handing out favors to wealthy friends
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by VanceMack View Post
    I dont care WHY he has come to the table...just THAT he has come to the table. The president doesnt pass budgets. Congress will still have the lead on this. If the house and the president are sincere then this is beneficial to the country. I hope like heck that they transcend partisanship and do the right thing. This will require hard work, sacrifice, and a willingness for all to make tough decisions.
    no, Congress does not pass budgets, not in this administartion.
    you dont see what Obama is?
    look,
    the house passed a budget, thats thier job, but the Senate nor the president will let it through.

    However when the house passed Obamacare, and the Senate was a vote short of being able to pass it, Obama simply bypassed the senate and went back to the house, and passed it.
    If you dont see the hypocrisy and the my way or no way governing, I cant help you. lead you to water but you have to drink.

    Obamas budget plan was not a budget plan, it was a speach, more rhetoric.
    Budget plans have specifics, like the GOP plan. You want to cut the deficit, cut it, you want to play games, listen to Obama campaign himself into 2012.

  4. #194
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by lpast View Post
    Thats only your opinion and of course its just as valuable as anyone elses opinion...but just an opinion none the less, I dont think ryan is anywhere near as good a speaker as obama and I dont like obama one bit
    I also think Ryan & Boener are better looking than Obama. HA! Ryan has those huge blue eyes. Yowzer! Ryan says more when he's speaking than Obama does. He also isn't afraid to dig Obama. People feel we're going in the wrong direction. The Reps will have to play that card. We can't have another 4 yrs of Obama. If he gets to appoint another Justice to the SC, that's super scary.
    "It's not that I'm afraid to die, I just don't want to be there when it happens." Woody Allen.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    and let's see what the CBO has to say:
    http://www.cbo.gov/ftpdocs/108xx/doc...icalTables.pdf

    notice that during the clinton years the annual result went from negative to positive. until the shrub arrived to wreck the economy by handing out favors to wealthy friends
    yea thats real cute and evrything, congrats,
    but lets talk about NOW, novel idea I know for a Bush basher.
    move on kid

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    and let's see what the CBO has to say:
    http://www.cbo.gov/ftpdocs/108xx/doc...icalTables.pdf

    notice that during the clinton years the annual result went from negative to positive. until the shrub arrived to wreck the economy by handing out favors to wealthy friends
    The CBO makes projections, the Treasury captures actual numbers. We pay debt service on the Treasury numbers, not the CBO. I continue to be amazed at how people through out the CBO Projections as accurate

    By the way, debt is made up of public and intergovt. holdings. When you take money from intergovt. holdings(SS) and put it onto the budget you lower the deficit in public debt and will create a surplus but that isn't the total picture nor is it accurate in calculating the deficit by year which is public debt PLUS intergovt. holdings.
    Last edited by Conservative; 04-14-11 at 10:47 AM.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Jetboogieman View Post
    Let me tell you something.

    Obama is setting up the GOP in a nice tidy box... Now the GOP will need a misinformation campaign so tall it could fall over.

    Elections are won and lost not on who's actually the most fit to lead or anything like that...

    The GOP needs to be very, very careful because Obama is gonna play the populist card and if it works, the GOP are going to look like the riches pet, raising taxes on the rich is relatively popular amog independents (folks that wins elections)

    Be careful repubs, Obama is not as stupid as you think.
    He's got the media with him, so it will be tough, but I wouldn't underestimate the GOP. Raising taxes on the rich is popular, but it's also very scary. Jobs creation could get stifled, unemployment may go up. He's playing that rich card to death. He's got class warfare down pat. Fact is he can tax the wealthy to death, and he's still going to have to hit the MC, eventually. I personally think he has no clue what he's doing.
    "It's not that I'm afraid to die, I just don't want to be there when it happens." Woody Allen.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by shades View Post
    yea thats real cute and evrything, congrats,
    but lets talk about NOW, novel idea I know for a Bush basher.
    move on kid
    Not cute at all, dishonest is better, Debt EQUALS Public Deficit PLUS Intergovt. Holdings. Intergovt. holdings is where SS goes and where it was supposed to stay until LBJ put it on budget.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by shades View Post
    yea thats real cute and evrything, congrats,
    the kudos go to the CBO for presenting the data to document clinton moved our nation from annual deficit to annual surplus

    but lets talk about NOW, novel idea I know for a Bush basher.
    it appears you have (conveniently) missed the point
    my earlier post referenced the revenue gain from taxing the rich as clinton did
    the economy boomed and jobs were bountiful
    then the shrub did the opposite, cutting taxes on the wealthy and the economy tanked

    yet the republican mantra for any problem is "tax cuts"
    we can see from our current economic malaise that "tax cuts" is certainly not the answer
    it was not true during the dicknbush regime
    it is not true TODAY

    move on kid
    sorry, but i will speak the truth, especially in response to stupidity
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Marilyn Monroe View Post
    He's got the media with him, so it will be tough, but I wouldn't underestimate the GOP. Raising taxes on the rich is popular, but it's also very scary. Jobs creation could get stifled, unemployment may go up. He's playing that rich card to death. He's got class warfare down pat. Fact is he can tax the wealthy to death, and he's still going to have to hit the MC, eventually. I personally think he has no clue what he's doing.
    Obama is a leftwing ideologue who believes in a large central govt. and the nanny state. I believe he knows exactly what he is doing and that is destroying the foundation upon which this country was built.

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