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

  1. #131
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    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?
    All of it...no. Eradicate large targeted cuts to pay down the budget debt over 10 years? yes. Hell yes. Across the board.

  2. #132
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by The Prof View Post
    bush is history, obama is the president
    Retarded. The effects of one president do not end the moment the next takes office and the present president is not completely powerless to invoke change as a result of the last president. The fact that you wish to play partisan rather than engage in common sense makes any discussion with you utterly worthless.

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

    Quote Originally Posted by VanceMack View Post
    All of it...no. Eradicate large targeted cuts to pay down the budget debt over 10 years? yes. Hell yes. Across the board.
    What would 40% across the board look like? We could pay down the debt in 10 years without having to resort to such drastic measures.

  4. #134
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    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.
    Horse ****. Bush and the republicans passed virtually anything they wanted to. Democrats had damn near a super-majority with a willing rubber stamp executive. they were so completely inept and impotent they couldnt even propose a simple budget. Reid was and is still a joke as a leader. The senate is an afterthought. Pathetic.

    there BETTER start being some real leadership in congress and they better actually get a grip on the debt or we should brush up on how to handle a governmental collapse.

  5. #135
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    Retarded.
    LOL!

    bush isn't history?

    obama's not the prez?

    you're losin it, fella

    meanwhile, q1 gdp is 1.8%

    http://www.bloomberg.com/news/2011-0...ases-cool.html
    Last edited by The Prof; 05-17-11 at 11:05 PM.

  6. #136
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by CriticalThought View Post
    What would 40% across the board look like? We could pay down the debt in 10 years without having to resort to such drastic measures.
    They cant do a thing if they just keep talking about it. Status quo has to end. Cuts have to occur. No on is suggesting it has to or can be fixed by next year, but we damn sure ought to be on a path to fiscal recovery.

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

    Quote Originally Posted by VanceMack View Post
    They cant do a thing if they just keep talking about it. Status quo has to end. Cuts have to occur. No on is suggesting it has to or can be fixed by next year, but we damn sure ought to be on a path to fiscal recovery.
    What the hell? Nobody is arguing that cuts don't have to occur. The president has proposed significant cuts over the next 12 years. The debate is not over whether or not there needs to be cuts, but to what extent.

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

    Quote Originally Posted by The Prof View Post
    LOL!

    bush isn't history?

    obama's not the prez?

    LOL!

    you're losin it, fella

    meanwhile, q1 gdp is 1.8%

    Economy in U.S. Grew 1.8% in First Quarter, Less Than Forecast - Bloomberg
    Thank you for confirming what I said.

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

    I did not see anyone post a link yet for this.

    Tom Coburn leaves Gang of Six - The Washington Post

    Looks lime things have come to an impasse.
    An Enlightened Master is ideal only if your goal is to become a Benighted Slave. -- Robert Anton Wilson

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

    Quote Originally Posted by CriticalThought View Post
    We could pay down the debt in 10 years without having to resort to such drastic measures.
    great!

    tell harry to tell conrad to write it up

    and hurry

    we're waiting, which, in times like these, y'know, we really can't afford to do

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