Page 11 of 19 FirstFirst ... 910111213 ... LastLast
Results 101 to 110 of 188

Thread: As Debt Limit Reached, Agreement Still Far Off .

  1. #101
    Sage
    CriticalThought's Avatar
    Join Date
    Jun 2009
    Last Seen
    Today @ 02:50 AM
    Gender
    Lean
    Libertarian
    Posts
    18,124

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by tessaesque View Post
    The debt has increased by $4 trillion in 2.5 years. That's the entire increase we saw under 8 years of Bush.
    That is an interesting method. So the wars that Bush started ended once Bush was out of office? We didn't have to pay for those once he was out? The recession that started under Bush ended once Obama took office? I'm not going to sit here and say that Obama didn't have any responsibility for that debt, but I would think it is equally stupid that you would pretend that Bush is completely not responsible for the debt after his presidency.

  2. #102
    Bring us a shrubbery!
    tessaesque's Avatar
    Join Date
    Apr 2011
    Location
    Plano, Texas
    Last Seen
    11-09-17 @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    15,910

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    That is an interesting method. So the wars that Bush started ended once Bush was out of office? We didn't have to pay for those once he was out? The recession that started under Bush ended once Obama took office? I'm not going to sit here and say that Obama didn't have any responsibility for that debt, but I would think it is equally stupid that you would pretend that Bush is completely not responsible for the debt after his presidency.
    I never said anybody was at fault for the increase. I was merely pointing out what the increase was.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


  3. #103
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 07:33 AM
    Gender
    Lean
    Independent
    Posts
    54,662

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    I hope the Republicans win and the US defaults. It would be great for my investments.
    If the republicans win the government wont default...they will have to reduce services and make cuts. Choosing to not extend the debt ceiling means just that. Pay the bills. So they have to cut a few congressional junkets, tighten washingtons belts, and find ways to reduce spending. Ouch...that would be...like...well...like their JOB...

  4. #104
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

  5. #105
    Sage
    CriticalThought's Avatar
    Join Date
    Jun 2009
    Last Seen
    Today @ 02:50 AM
    Gender
    Lean
    Libertarian
    Posts
    18,124

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by The Prof View Post
    the deficit for february alone was greater than sum borrowing under w-stands-for-what's-his-name in all of 2007

    U.S. sets $223B deficit record - Washington Times

    Deficit for Fiscal 2007 Slides - Real Time Economics - WSJ
    Could you please segement was parts of the deficit are for what expenses? I would like to see how those charges are completely Obama's responsibility and completely are not Bush's responsibility. I just love this hyper partisan crap.

    "Oh my president isn't at fault, dum dee dum, it was the last guy because he started all those wars and a recession and my guy isn't responsible at all for the bail outs and continuation of those wars." or "Oh my president isn't at fault, dum dee dum, because the new president is creating more deficit than mine did and any debt he was accruing just stopped when that new guy took office."

    Both sides are completely retarded.

  6. #106
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 07:33 AM
    Gender
    Lean
    Independent
    Posts
    54,662

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    That is an interesting method. So the wars that Bush started ended once Bush was out of office? We didn't have to pay for those once he was out? The recession that started under Bush ended once Obama took office? I'm not going to sit here and say that Obama didn't have any responsibility for that debt, but I would think it is equally stupid that you would pretend that Bush is completely not responsible for the debt after his presidency.
    You might instead focus on the house and senate...not the presidents. The presidents SIGN the budgets...congress spends the money. All of them are responsible. Bush bore his responsibility. Democrats owned the house and senate since 2006. Obama has owned the presidency since 2008 (and his votes since 2004). The bickering and arguing over who killed who...well...its rather pointless isnt it. The sitting congress and president have a job to do and so far...as usual...they are failing.

  7. #107
    Politically Correct

    Join Date
    Oct 2010
    Last Seen
    Today @ 12:38 AM
    Lean
    Other
    Posts
    2,850
    Blog Entries
    8

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by tessaesque View Post
    IWe can't just keep making snap decisions, pushing things through because of impending doom.
    Is this not what a major deficit proposal thrown together in the next 6-8 weeks because of fear of a loss in 2012 an economic crash a few years down the line would be?

    If the Gang of Six (/Five) finish their proposal within the next two weeks I could change my opinion, but I am not convinced that a satisfactory deficit solution is possible before Congress will have to act to raise the debt limit. I support cutting government spending, but I do not support cutting for the sake of political posturing.
    (avatar by Thomas Nast)

  8. #108
    Sage
    CriticalThought's Avatar
    Join Date
    Jun 2009
    Last Seen
    Today @ 02:50 AM
    Gender
    Lean
    Libertarian
    Posts
    18,124

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by VanceMack View Post
    If the republicans win the government wont default...they will have to reduce services and make cuts. Choosing to not extend the debt ceiling means just that. Pay the bills. So they have to cut a few congressional junkets, tighten washingtons belts, and find ways to reduce spending. Ouch...that would be...like...well...like their JOB...
    From what I understand, the US borrows 40% of the current budget. That would be the equivalent of eradicating Medicare and the military. Does that sound fiscally smart to you?

  9. #109
    Sage
    CriticalThought's Avatar
    Join Date
    Jun 2009
    Last Seen
    Today @ 02:50 AM
    Gender
    Lean
    Libertarian
    Posts
    18,124

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by VanceMack View Post
    You might instead focus on the house and senate...not the presidents. The presidents SIGN the budgets...congress spends the money. All of them are responsible. Bush bore his responsibility. Democrats owned the house and senate since 2006. Obama has owned the presidency since 2008 (and his votes since 2004). The bickering and arguing over who killed who...well...its rather pointless isnt it. The sitting congress and president have a job to do and so far...as usual...they are failing.
    No party has "owned" the Congress. There is so much difference within each party that the moment one party takes over it becomes divided. It happened when the Democrats had a super majority and it is happening now with the Republicans.

  10. #110
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 08:29 AM
    Gender
    Lean
    Conservative
    Posts
    76,283

    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    From what I understand, the US borrows 40% of the current budget. That would be the equivalent of eradicating Medicare and the military. Does that sound fiscally smart to you?
    Do we have a choice?
    "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.

Page 11 of 19 FirstFirst ... 910111213 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •