View Poll Results: How much do you care about balancing the federal budget (in the medium/long term)?

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  • I am a Republican/conservative; low taxes are more important than a low deficit

    1 3.70%
  • I am a Republican/conservative; a low deficit is more important than low taxes

    10 37.04%
  • I am a Democrat/liberal; high spending is more important than a low deficit

    7 25.93%
  • I am a Democrat/liberal; a low deficit is more important than high spending

    9 33.33%
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Thread: How much do you care about balancing the US federal budget?

  1. #31
    Banned Goobieman's Avatar
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Morality Games View Post
    The truth isn't always attractive or convenient.
    No... but it would be nice of the poll reflected the issue at hand.

    If you are correct, the poll options address the question of 'how much do people in congress care about balancing the budget' - and are, of course, not all-inclusive. In that, there is disingenuity going on here.

    I need to contact CC - he gets a hard-on about these things.

  2. #32
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Goobieman View Post
    The options for the poll are terrible.

    Spending -has- to be reigned in - and significantly. Spending on entitlements dwarf any and every other Federal outlay; said revenue is spent regardless of available revenue. Before there can be any discussion about anything else, this must be addressed.
    No, there is another option- growth in the G.D.P. combined with control of H.C. costs/spending.

    The Federal Gov't will save the banks on the backs of the retirees. It is already happening

  3. #33
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    Re: How much do you care about balancing the US federal budget?

    this poll is sort of like asking whether a working engine is more important than having a car that runs.

    1. deficits are spending driven, not revenue driven.
    2. lower consistent tax rates + predictability = economic growth, which increases revenues.

  4. #34
    Banned Goobieman's Avatar
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Cassandra View Post
    No, there is another option- growth in the G.D.P....
    Assuming that spending is frozen at current actual levels, how long will it take for an average yearly GDP growth of 3.5% to make up a $1.3T deficits?
    How long to then pay down, say, hald the debt?

    combined with control of H.C. costs/spending.
    You mean control of federal spending on HC.
    Heck, I can 'control' that right now, and it goes directly to what I said.

  5. #35
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by cpwill View Post
    this poll is sort of like asking whether a working engine is more important than having a car that runs.

    1. deficits are spending driven, not revenue driven.
    2. lower consistent tax rates + predictability = economic growth, which increases revenues.
    I think nearly all economists agree that lower taxes on the those who will spend it immediately can help stimulate growth but the piper must be paid and right now it is being paid by keeping interest rates so low that people on fixed incomes have a very hard time of it while the banks are given money for nothing.

  6. #36
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Goobieman View Post
    Assuming that spending is frozen at current actual levels, how long will it take for an average yearly GDP growth of 3.5% to make up a $1.3T deficits?
    How long to then pay down, say, hald the debt?


    You mean control of federal spending on HC.
    Heck, I can 'control' that right now, and it goes directly to what I said.
    There is a difference between controlling the cost of H.C. by redesigning how we pay for it and controlling the cost of H.C. by just eliminating medicare/medicaid. I favor the former and most Repubs seem to favor the latter. I don't know what you favor but clearly it is a hot potato to tell the elderly that some things will change.

  7. #37
    Banned Goobieman's Avatar
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Cassandra View Post
    There is a difference between controlling the cost of H.C. by redesigning how we pay for it and controlling the cost of H.C. by just eliminating medicare/medicaid.
    Yes. One is relevant to the issue of meaningfully reducing federal spending, and one is not.

  8. #38
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Goobieman View Post
    Yes. One is relevant to the issue of meaningfully reducing federal spending, and one is not.
    Well, that was a pointless remark.

    I take it you would eliminate medicare and medicaid and out source the elderly?

    Since it is not going to happen, maybe you could suggest a realistic plan to reduce the deficit.

    "For every complex problem, there is always a simple answer and it is always wrong."
    Mark Twain

  9. #39
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    Re: How much do you care about balancing the US federal budget?

    I'm an independent... We need more jobs and I don't care how much it costs to get them. The future is now.

    ricksfolly

  10. #40
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Cassandra View Post
    Well, that was a pointless remark.
    Significantly less so than trying to work the general issue of health care costs into a conversation about the reduction of federal spending.

    Because entitlement spending is so overhwleming, directly and significantly reducing entitlement spending is the -only- way to actually and effectively address the deficit. This doesnt necessitate the elimination of any given program, but it -does- necessitate a wholesale reduction of benefits.

    If you are not willing to accept this and work toward that end, then you are not in any way serious about deficit reduction, much less a balanced budget.

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