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Thread: Americans Blame Wasteful Government Spending for Deficit

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by digsbe View Post
    No, it results from Obama's spending. Bush ran a deficit due to his war spending and the bail outs. Obama is running an astronomically higher deficit due to increased and dangerous spending levels. Obama isn't the only one who ran up a deficit, but he's the primary one doing so.
    Doesnt the 2009 Budget belong to President Bush?

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by digsbe View Post
    No, it results from Obama's spending. Bush ran a deficit due to his war spending and the bail outs. Obama is running an astronomically higher deficit due to increased and dangerous spending levels. Obama isn't the only one who ran up a deficit, but he's the primary one doing so.
    Im also pretty sure that tax refenue fell about 450 billion in 2010 due to all of the people who lost their jobs and it went down another 250 billion for 2011. Just saying.

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by ender1 View Post
    Im also pretty sure that tax refenue fell about 450 billion in 2010 due to all of the people who lost their jobs and it went down another 250 billion for 2011. Just saying.
    Exactly......

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    Re: Americans Blame Wasteful Government Spending for Deficit

    andrew cuomo's state of the state in NEW YORK, january 4:

    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. 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.

    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. 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.

    Not only do 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. We are spending more, and government is growing more.

    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. You can’t make up these kinds of savings over this long of period of time through a budget cutting or trimming exercise. We are going to have to reinvent government. We are going to redesign our approach because the old way wasn’t working anyway, let's be honest.

    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. At the heart of this State is business. 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.

    Put it simply, the people of this state simply cannot afford to pay any more taxes, period. We need to transform our budget. 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

    there's your table, deal with it

    leadership, anyone?

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by The Prof View Post
    there's your table, deal with it

    l
    No, this is my table.


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    Re: Americans Blame Wasteful Government Spending for Deficit

    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

    there's your table, deal with it

    leadership, anyone?
    Everything he said is true, but only for NY. The United States isn't the tax capital of the world. Far from it.

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by The Prof View Post
    andrew cuomo's state of the state in NEW YORK, january 4:



    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

    there's your table, deal with it

    leadership, anyone?
    Its odd how Cuomo actually wants to address real issues with the state.
    Jackboots always come in matched pairs, a left boot and a right boot.

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by xpiher View Post
    Everything he said is true, but only for NY.
    IMF Warns Us On Debt, Wants Austerity

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by The Prof View Post
    You're conservative, why do you give a **** what the IMF thinks. Also, its not just a spending issue.

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    Re: Americans Blame Wasteful Government Spending for Deficit

    Quote Originally Posted by cpwill View Post
    you think that Americans believe A) that we spend "too much" and that B) we should raise taxes so that we can keep spending "too much"?
    Apparantly you can't read. I think Americans think we spend too much and need to decrease spending and increase taxes.

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