View Poll Results: Should we ever have a budget surplus again, what should we do with the extra money?

Voters
42. You may not vote on this poll
  • Spend it on more stuff.

    6 14.29%
  • Lower Taxes.

    5 11.90%
  • Put it toward the debt.

    31 73.81%
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Thread: Should we ever have a budget surplus again, what should we do with the extra money?

  1. #41
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    If we are in a state of budget surplus, the debt is already taking care of itself.
    The service of the debt comes out of revenue, first.
    People and countries hold bonds, which will mature, when they mature, and will be paid then.
    As long as we are not adding to the debt, it is not a big deal.

  2. #42
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Giant trampoline.
    "Human kindness has never weakened the stamina or softened the fiber of a free people. A nation does not have to be cruel to be tough."
    -FDR

  3. #43
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by Jredbaron96 View Post
    Giant trampoline.
    Damn... why didn't I think of that.

    I want to change my answer now...
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  4. #44
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by jonny5 View Post
    What actually happens is Democrats propose continuing 500bn deficits infinitely.

    http://www.whitehouse.gov/sites/defa...ets/tables.pdf

    As to the op.

    1. Pay down the debt
    2. cut taxes

    Though its unlikley to happen seeing as how its gone the other way. Taxes are up, spending is up, debt is up. The deficit is only decreasing because spending has been frozen until this year. Now its going up again. The deficit is predicted to go up in 2016 consistently and be 1 trillion in 10 years, under the baseline. No surplus in sight.

    http://www.cbo.gov/sites/default/fil...jections_2.pdf
    Y'all really should get a clue as to the REAL factors as to why we've got such a big deficit:

    Should we ever have a budget surplus again, what should we do with the extra money?-07_27_2010_deficit_graph-jpg

    And the REAL factors as to why our debt keeps growing:

    Should we ever have a budget surplus again, what should we do with the extra money?-cb7-jpg

    Yes, it's the UNFUNDED wars, the UNFUNDED tax cuts, the UNFUNDED Medicare Part D.

    Y'all like to say that we oughta pay our bills...but y'all REFUSE to pony up the money to pay for those bills. We canNOT "cut our way to a surplus" - that's simplistic thinking - economies don't work that way, never have, never will.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  5. #45
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by Glen Contrarian View Post
    Y'all really should get a clue as to the REAL factors as to why we've got such a big deficit:

    And the REAL factors as to why our debt keeps growing:


    Yes, it's the UNFUNDED wars, the UNFUNDED tax cuts, the UNFUNDED Medicare Part D.

    Y'all like to say that we oughta pay our bills...but y'all REFUSE to pony up the money to pay for those bills. We canNOT "cut our way to a surplus" - that's simplistic thinking - economies don't work that way, never have, never will.
    You mean the tax cuts democrats just voted to make permanent (except the ones on the rich)? The wars that are over? Medicare that democrats wont let anyone touch? I think you need a new chart. That one is out of date. How about this one?


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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    So far, 84% say to pay down the debt.

    In this day of Keynesian-madness/Krugmanomics free spending, that is surprising to me...and slightly encouraging.

    Maybe the Mooching Bug has not infected as many people as I thought.

  7. #47
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by DA60 View Post
    So far, 84% say to pay down the debt.

    In this day of Keynesian-madness/Krugmanomics free spending, that is surprising to me...and slightly encouraging.

    Maybe the Mooching Bug has not infected as many people as I thought.
    To be honest, I'm pleasantly surprised that it went this way, too. I expected the other two would get the most votes.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  8. #48
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by Glen Contrarian View Post
    Really? Right now, the deficit for 2014 is estimated to be $492B - not $800B as you claim - and it is less than ONE-THIRD what it was in Bush's last budget (2009), which turned out to be $1539B (after adjusting for inflation).
    it was ONE-THIRD what it was in Bush's last budget. Geeeeee Obama increased our national debt over 7 trillion in just 5.5 yrs and you want to compare Obama's budget, there is no Obama budget never has been never will be. What a joke.
    There is a very real possibility that we might actually have a balanced budget by his last year in...which would be very bad news for the GOP indeed, since it would set the pattern: GOP screw up the budget, and Dems come in and fix it. If you'll recall, the last GOP president to have a balanced budget was Eisenhower - and the last two presidents who did have a balanced budget were Dems. Yeah, I know, you'll claim "They didn't balance it, it was all smoke-and-mirrors!" But even if the budgets weren't balanced, they were awful doggone close to being balanced...
    In bold that is as far as I read. That is another joke.
    ...until the Republicans came back into office, of course. "Reagan proved deficits don't matter." Dick Cheney said that.
    Yes but Obama did, here is proof, yet that is just another lie by Obama. Is this idiot for real.

    https://www.youtube.com/watch?v=DyLmru6no4U

    So...let me see here - Obama's cut the deficit by more than two-thirds
    He cut is own borrowing and spending of over one Trillion a yr to 800 billion, you call that cutting the deficit. What a joke.

    what it was when he took over (in the middle of an economic meltdown), we've had 51 consecutive months of private-sector job growth, the growth of government spending is less than than what it's been under any president since Eisenhower (yes, less than Bush, Bush, Reagan, or Nixon), our personal federal tax burden is lower than at any time since Truman...and the Dow is over 2.5 times what it was since its nadir two months after Obama took office and - if it keeps trending like it has for the past two years, could very well hit the 3X mark by the time he leaves office. Have fun finding another president (except for maybe FDR) under whom the Dow tripled on his watch.
    I will speak to the DOW first, yes praise Obama, I have to tell you I love the DOW, Obama poured 7 trillion into corporate America and I am one of the benefactors. However the middle class were left out, there are more on food stamps under Obama, the middle class are taking home less money under Obama, there are more black unemployed under Obama, there are more poor people under Obama and under Obama we have on average a 1.5% GDP with employment not keeping up with the birth rate and you call this good? I must say I love how Obama pumped 7 trillion into corporate America. Remember the shovel ready, that was not shovel ready so he gave it to corporate America. I love it.

    In other words, if Obama had an (R) behind his name, y'all would be campaigning to get his face added to Mount Rushmore. But he's got that (D), therefore anything he does is badevilterriblestupidsocialistcommunistnazibleedin gheartliberalbad.
    In other words, Obama threw the middle class under the bus of the rich. If I was the middle class I would be furious and throw Obama under the bus.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

  9. #49
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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by radcen View Post
    Should we ever have a budget surplus again, what should we do with the extra money?

    1) Spend it on more stuff?
    2) Lower taxes?
    3) Put it toward the debt?

    A real surplus, I mean, not a Bill Clinton smoke-and-mirrors surplus.
    Well, let's see...you give 3 choices. Which one to choose?

    I like the old "when digging a hole..." analogy, so let's look at these choices in that light, eh?

    1. "Spend it on more stuff?" In other words, increase the speed in which we are digging. No thanks.

    2. "Lower taxes?" In other words, turn that surplus into more of the dirt that we are shoveling into the hole...while we continue to dig. Uh-uh.

    3. "Put it toward the debt?" Again...akin to trying to fill the hole as we keep on digging. A stop-gap measure at best. It might make some people feel good, but it's ultimately useless.

    But the real problem with this poll is that there can be no realistic supposition that our government will ever stop digging. Not only does that negate the fundamental premise of this poll...that there will be some kind of surplus...but it makes clear that, until the government stops digging (spending money it doesn't have), the hole will only get deeper.

    It might be just as well to give the money in this mythical surplus back to the citizens.
    TANSTAAFL

    An armed society is a polite society.
    ― Robert A. Heinlein, Beyond This Horizon

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    Re: Should we ever have a budget surplus again, what should we do with the extra mone

    Quote Originally Posted by Paschendale View Post
    We have two corporate crony parties. Liberal and conservative refer to a lot more than adherence to a "small government" ideal.
    It's not just small government, it's fiscal responsibility, living within one's means and keeping the government out of the lives of the people, none of which the GOP has any interest in. In virtually every way, except for their radical religious views, the Republican Party is virtually identical to the Democrats.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

    Blog me! YouTube me! VidMe me!

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