View Poll Results: If Congress can't get their **** together by August 2nd:

Voters
19. You may not vote on this poll
  • We are screwed six ways from Sunday

    9 47.37%
  • No big. Just ask Michele Bachmann

    1 5.26%
  • Not sure

    5 26.32%
  • Other (please explain)

    4 21.05%
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Thread: Are we screwed?

  1. #11
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    Re: Are we screwed?

    Quote Originally Posted by cpwill View Post


    yes and no - there are alot of ways the government can shift costs and bring in extra money and reduce immediate expenditures. but those measures are mostly temporary, and we would approach actual cutting-to-former-borrowing equivalency over time (though how much probably no one can say).
    If they continue as they (and Minnesota) are - how will that happen? If they can't agree on anything "now", how will they handle the shifting of "then?"

  2. #12
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    Re: Are we screwed?

    I have been optimistic about a deal being struck. Boehner bowing out of the talks for a larger deal have me significantly less optimistic.

  3. #13
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    Re: Are we screwed?

    At some point, the US will default on its loans which will throw this country and many others into a Great Depression which will also include hyper inflation. Will this happen on August 2? I sure as hell hope not. My family and I are still desperately trying to prepare but we need another two years at least-or we're screwed.
    “In politics, stupidity is not a handicap.” -Napoleon

  4. #14
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    Re: Are we screwed?

    All of it sounds like speculation to me. Spending less seems to imply just as much danger as spending more depending on who you ask and each person can tell you the method for restoration. I might as well flip a coin.

  5. #15
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    Re: Are we screwed?

    We are, but not just by the debt ceiling, but by the political cluster-f*** that goes on in Washington DC every single day. The debt ceiling is just a symptom of the problem.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  6. #16
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    Re: Are we screwed?

    Question. Could they just raise the ceiling under the condition that a balanced budget be passed in the next 90 days, or something along those lines?

  7. #17
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    Re: Are we screwed?

    Quote Originally Posted by BDBoop View Post
    Question. Could they just raise the ceiling under the condition that a balanced budget be passed in the next 90 days, or something along those lines?
    We're never going to have a balanced budget, not so long as Congress sees spending as a means of buying the next election. The reality is, we have to learn to live within our means. We cannot spend a penny that we don't have in the coffers. It doesn't matter what the program is or whose pork barrel it falls into, no money = no spending. The problem is, Congress will never do that because we, the taxpayers, don't insist on it. It's a self-perpetuating problem. We put idiots into office with the expectation they're going to take care of us and give us freebies.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  8. #18
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    Re: Are we screwed?

    Quote Originally Posted by Cephus View Post
    We're never going to have a balanced budget, not so long as Congress sees spending as a means of buying the next election. The reality is, we have to learn to live within our means. We cannot spend a penny that we don't have in the coffers. It doesn't matter what the program is or whose pork barrel it falls into, no money = no spending. The problem is, Congress will never do that because we, the taxpayers, don't insist on it. It's a self-perpetuating problem. We put idiots into office with the expectation they're going to take care of us and give us freebies.
    Understood. However? You didn't actually answer the question you quoted.

  9. #19
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    Re: Are we screwed?

    Quote Originally Posted by BDBoop View Post
    Understood. However? You didn't actually answer the question you quoted.
    Sure I did. Could they say they were going to do that? Sure. Would they actually do it? Of course not. There's no way in hell Congress will ever pass a balanced budget with no borrowing. Ain't going to happen, let's not pretend otherwise.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  10. #20
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    Re: Are we screwed?

    agreed with Cephus: it doesn't matter what Democrats promise to do as far as budget cuts - they have famously promised to cut spending by large amounts several times in the past. all that matters is what is put on paper. promises are worthless. Balancing the Budget would require about a 40% cut to federal spending. There is no way that would happen in 90 days.
    Last edited by cpwill; 07-10-11 at 06:29 PM.

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