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Thread: Obama Makes New Budget Sales Pitch; GOP Strikes Back

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by OpportunityCost View Post
    No it was Sparky's statement, not mine. Im just calling out someone for obvious intellectual dishonesty. This is exactly why you get treated like a troll, because frequently, you act like one.
    I'm just stating based on some of the news reports I've been seeing including CSPAN,FOX and CNN and the GOP claims that they've written their proposal for both the recent Job Bill and Budget Plan but Harry Reid won't present them and is instead burying them . Also Reid won't comment whether those claims are true or not.
    Last edited by Sparky; 02-14-12 at 02:53 PM.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Sparky View Post
    I'm just stating based on some of the news reports I've been seeing including CSPAN,FOX and CNN and the GOP claims that they've written their proposal for both the recent Job Bill and Budget Plan but Harry Reid won't present them and is instead burying them . Also Reid won't comment whether those claims are true or not.
    Is this what you are talking about:

    S. 1549 - American Jobs Act of 2011
    "Labor and employment. 112th Congress (2011-2012) View bill details

    Sponsor: Harry Reid

    Summary:
    A bill to provide tax relief for American workers and businesses, to put workers back on the job while rebuilding and modernizing America, and to provide pathways back to work for Americans looking for jobs. (by CRS)

    Status:
    The bill has passed through committee and has been put on a legislative calendar."

    American Jobs Act of 2011 - Vote: Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. | Total Campaign Contributions | MapLight - Money and Politics
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    And, I haven't seen any proposals by Congressional Republicans for spending cuts that come anywhere close to $4 trillion over ten years. Romney has even stated he wants to increase spending on the military!
    US Republican budget plan would cut $5.8 trln in 10 yrs | Reuters
    "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)
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    This puts our spending in perspective with what the rest of the world spends on military:

    Read the fine print.
    "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)
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    We cut the spending for the military industrial complex back to defensive levels only, about $250 billion, saving about a half a trillion annually. We increase the taxes on millionaires and billionaires to 30% on all income, that reduces the deficit another 100 billion a year.. Raising the cap on SS to $180,000 makes SS solvent for the long term eliminating the $820 billion you have indicated in your graph. Upgrading to a single payer health care system would cut our health care costs in half, so we can reduce $770 billion there. After we have unemployment back to the 3% level tax receipts will be high enough for us to have a balanced budget without throwing the most vulnerable under the bus for the excesses by those with money and power over the last 30 years.

    And btw, SS benefits have never been increased when there was an increase in the many times the SS cap has been increased in the past.
    We couldn't even maintain a modern navy on that, and just when China is building up you want to cut our defenses. What did you do, take an oath to defend the Chinese constitution?
    "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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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Harshaw View Post
    You are conflating "debt" with "deficit."

    In many ways, they are much the same thing...unless you want to pick apart the yearly fluctuations and expenditures....if so...find a damn economist with a couple months of free time.



    And why is spending still at the same level three years after the supposed one-time "stimulus"?

    Do you actually have such limited understanding of the way economy works...that you would expect a yearly change in the position of growth to be some huge increase...if so, just STFU.




    No idea what you're talking about.
    No....Really?

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by iliveonramen View Post
    You very much do! Unless you cut the budget in accordance with a tax cut you are "spending money" on a tax cut...
    wrong, tax cuts cost nothing. do they impact the ability of the government to spend (waste) money? of course, but those are not costs

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by TurtleDude View Post
    wrong, tax cuts cost nothing. do they impact the ability of the government to spend (waste) money? of course, but those are not costs
    Great point. Of course, give credit where credit is due. At least he put something out there. Still waiting on Harry Reid and his cronies to put something out. Been waiting since 2010 and he says we won't get one this year either. I'm sure my fellow Tea Partiers have seen this, but I doubt others have.

    Why S&P Downgraded the US:
    U.S. Tax revenue: $2,170,000,000,000
    Federal budget: $3,820,000,000,000
    New debt: $ 1,650,000,000,000
    National debt: $14,271,000,000,000
    Recent [April] budget cut: $ 38,500,000,000

    Letís remove 8 zeros and pretend itís a household budget:
    Annual family income: $21,700
    Money the family spent: $38,200
    New debt on the credit card: $16,500
    Outstanding balance on the credit card: $142,710
    Budget cuts: $385
    It can't get much simpler than that.
    ďMr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger.Ē ― Ron Paul
    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. Ė Thomas Jefferson

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Until they win control of the government again, at which point it'll be the same "spend, spend, spend" that we saw the first few years of the Bush administration. Not that the Democrats did anything to change that, but this idea that Republicans will balance the budget is laughable.


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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by MarineTpartier View Post
    Great point. Of course, give credit where credit is due. At least he put something out there. Still waiting on Harry Reid and his cronies to put something out. Been waiting since 2010 and he says we won't get one this year either. I'm sure my fellow Tea Partiers have seen this, but I doubt others have.

    Why S&P Downgraded the US:
    U.S. Tax revenue: $2,170,000,000,000
    Federal budget: $3,820,000,000,000
    New debt: $ 1,650,000,000,000
    National debt: $14,271,000,000,000
    Recent [April] budget cut: $ 38,500,000,000

    Letís remove 8 zeros and pretend itís a household budget:
    Annual family income: $21,700
    Money the family spent: $38,200
    New debt on the credit card: $16,500
    Outstanding balance on the credit card: $142,710
    Budget cuts: $385
    It can't get much simpler than that.

    Your mistake is assuming the average household is perpetual like a nation state is or a rockefeler household is.

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