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CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

Threegoofs said:
Apparently, you dont realize it... because you keep spitting out this 220 billion figure but never describe the other side.

Also, what happens when tax revenues nosedive when the economy tanks when we default? Generally, I like my government to be run by individuals who can think a bit longer term than what happens the next few weeks.
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You really have been brainwashed, we have a private sector economy but it is time that we had some tough love. Maybe default is the answer to the spending problem. Only liberals like you believe we need a 3.77 trillion dollar federal govt. all because you cannot get your state to do what you want them to do. We don't have the money and you cannot get enough money out of those "evil" rich people to fund the liberal spending appetite.

There is no default of you pay the debts you own. the other is discretionary spending that has to be paired down. You spend the 220 billion a month on the entitlement and mandatory spending programs and that prevents default.

We have had almost 5 years of the community agitator from Chicago and there is no evidence that he can think long term. He is doing nothing but building a dependent class thus creating permanent power for liberals. This country cannot support Obamanomics and if it takes default to get him out of office so be it. Finally some fiscal responsibility back in the WH. Don't get me wrong, Republicans have only been a little better but still spent too much and grew govt. too much but not to the level it is today.
 
Threegoofs said:
Because you need to pay the bills that you already racked up.
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How about not racking up bills and cutting spending instead. Maybe a budget would help.

Obama has been borrowing over $1,000,000,000,000 a year every year since he has been president. What do you have to show for it?
 
Threegoofs said:
I understand it much better than you, I reckon.

What bills? Well, what about the debt payments? When you issue bonds with repayment schedules, those are bills that need to be paid, often for the next decade or more. Scheduled bills.

What about payments to hospitals and doctors for Medicare and Medicaid? Services have been rendered, bills will be due. Not to mention the fact that you are basically contractually obligated to cover those recipients in the future, unless you change the laws.

Social Security checks need to be issued. Monthly. Those are debt obligations. Those arent optional payments via law.

Defense contractors need their checks. People are under contract with the government - companies, organizations, etc. They need to be paid via law and contracts.

I could go on and on. But I bet its probably senseless, because you dont seem to have the slightest grasp on what the government does.
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All these bills and yet you feel the country can afford Obamacare???
 
Fenton said:
True that Grant.

Al Gore's daddy included.

I never get tired of being called a racist by a member of the party that Fillibustered the 1964 Civil Rights Act.
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Those low info's look for racism everywhere except where it's most obvious. Their own Dem party.
 
Conservative said:
Anyone that understands that having a 17 trillion dollar debt on a 16 trillion dollar economy!!! Why aren't you outraged over that debt? Aren't you rational?
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We have half the debt to GDP of Japan, they are not bankrupt. What makes you think you know how much debt is too much?
 
Re: Most would blame Republicans

mac said:
That must be why they sent a budget to the Senate fully funding all those entitlements. Dude, have you been under a rock?
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LOL that was weeks ago. Have you been under a rock?
 
Conservative said:
You really have been brainwashed, we have a private sector economy but it is time that we had some tough love. Maybe default is the answer to the spending problem. Only liberals like you believe we need a 3.77 trillion dollar federal govt. all because you cannot get your state to do what you want them to do. We don't have the money and you cannot get enough money out of those "evil" rich people to fund the liberal spending appetite.

There is no default of you pay the debts you own. the other is discretionary spending that has to be paired down. You spend the 220 billion a month on the entitlement and mandatory spending programs and that prevents default.

We have had almost 5 years of the community agitator from Chicago and there is no evidence that he can think long term. He is doing nothing but building a dependent class thus creating permanent power for liberals. This country cannot support Obamanomics and if it takes default to get him out of office so be it. Finally some fiscal responsibility back in the WH. Don't get me wrong, Republicans have only been a little better but still spent too much and grew govt. too much but not to the level it is today.
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Is that the biggest cliche ever or what!
 
iguanaman said:
We have half the debt to GDP of Japan, they are not bankrupt. What makes you think you know how much debt is too much?
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Our Debt is over 100% of our GDP which is mostly private sector generated and you don't have a problem with that? You continue to post information that shows how little you understand about the economy and the Obama results. Apparently the role of the Federal Govt in your world is to spend money we have to print or borrow on programs that we don't need to generate results that you don't understand. Too much debt is spending more than you don' generate revenue to pay for.
 
iguanaman said:
We have half the debt to GDP of Japan, they are not bankrupt. What makes you think you know how much debt is too much?
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It's simple. Look who's in office. If it's a Republican, then deficits don't matter. If it's a Democrat, then obviously we have a socialists communist acorn government.
 
Conservative said:
Our Debt is over 100% of our GDP which is mostly private sector generated and you don't have a problem with that? You continue to post information that shows how little you understand about the economy and the Obama results. Apparently the role of the Federal Govt in your world is to spend money we have to print or borrow on programs that we don't need to generate results that you don't understand. Too much debt is spending more than you don' generate revenue to pay for.
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That's where you are wrong. Govt. debt is money spent for the future of the country, that's why we don't pay it back. Deficits are coming down to manageable levels and the now is the time to start investing.
 
Conservative said:
Our Debt is over 100% of our GDP which is mostly private sector generated and you don't have a problem with that? You continue to post information that shows how little you understand about the economy and the Obama results. Apparently the role of the Federal Govt in your world is to spend money we have to print or borrow on programs that we don't need to generate results that you don't understand. Too much debt is spending more than you don' generate revenue to pay for.
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http://www.peri.umass.edu/fileadmin/pdf/working_papers/working_papers_301-350/WP322.pdf

Read something useful.
 
CNN is now FOXlite, with Wolf Blitzer as the new Repub spokesman.
Could it be that CNN wants the REpub debates sobad?
 
iguanaman said:
That's where you are wrong. Govt. debt is money spent for the future of the country, that's why we don't pay it back. Deficits are coming down to manageable levels and the now is the time to start investing.
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Govt. debt that exceeds the GDP of the country violates the Constitution of the United States and ignores the promises and commitment made by politicians on previous debt ceiling debates. What specifically has Obama proposed to cut spending and live up to his commitment during the 2011 debt ceiling debate? I keep hearing about the Congress doing the right thing but what about the President. Maybe that is why he has a 37% approval rating.
 
Mithros said:
http://www.peri.umass.edu/fileadmin/pdf/working_papers/working_papers_301-350/WP322.pdf

Read something useful.
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I prefer to read actual Treasury Data and information on what makes up the debt. You continue to false report that public debt is the main problem facing this country and doesn't exceed GDP when the reality is public debt is part of the total debt, something you don't seem to understand. Figure out how we pay for the trillions in IOU's that the govt is holding on money taken out of intergovt. holdings to show a lower public debt?
 
Conservative said:
Govt. debt that exceeds the GDP of the country violates the Constitution of the United States and ignores the promises and commitment made by politicians on previous debt ceiling debates. What specifically has Obama proposed to cut spending and live up to his commitment during the 2011 debt ceiling debate? I keep hearing about the Congress doing the right thing but what about the President. Maybe that is why he has a 37% approval rating.
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What country are you talking about? Here in the US we have run a deficit for 63 of the last 73 years. There is nothing in the Constitution that forbids it either. Most economists feel that preparing for the future is far more important than a balanced budget.
 
iguanaman said:
What country are you talking about? Here in the US we have run a deficit for 63 of the last 73 years. There is nothing in the Constitution that forbids it either. Most economists feel that preparing for the future is far more important than a balanced budget.
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It is morally irresponsible to have debt exceeding our yearly GDP and generating the results we have today, something you and your other liberal minions don't understand? You think the economic results today are the right return on that debt? You seem to have a different opinion as to the role of the Federal Govt but wonder how that opinion changes when certain program that you want are affected?
 
Conservative said:
It is morally irresponsible to have debt exceeding our yearly GDP and generating the results we have today, something you and your other liberal minions don't understand? You think the economic results today are the right return on that debt? You seem to have a different opinion as to the role of the Federal Govt but wonder how that opinion changes when certain program that you want are affected?
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Ronald Reagan sextupled the national debt from 253B to $1.4T. Was he morally irresponsible?
 
allpoliticsbaby said:
Ronald Reagan sextupled the national debt from 253B to $1.4T. Was he morally irresponsible?
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Ronald Reagan increased the debt 1.7 trillion dollars, doubled GDP, increased govt. income tax revenue by 60%, created 17 million jobs, and created a peace dividend. His debt never exceeded 100% of GDP and thus the return on that debt was outstanding

By the way the debt went from 900 billion to 2.6 trillion under Reagan and yet the results were outstanding. You see, debt generating those kind of results isn't a problem. Increasing the debt 6.4 trillion and having Obama's results are
 
iguanaman said:
What country are you talking about? Here in the US we have run a deficit for 63 of the last 73 years. There is nothing in the Constitution that forbids it either. Most economists feel that preparing for the future is far more important than a balanced budget.
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So Obama, with his almost $18 trillion debt plus obligations of trillions more, is 'preparing for the future'?

What kind of future do you and he envision?
 
iguanaman said:
That's where you are wrong. Govt. debt is money spent for the future of the country, that's why we don't pay it back. Deficits are coming down to manageable levels and the now is the time to start investing.
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LOL. I'd like to met the SOB that convinced you of that. He's one of the best liars on earth. Right up there with members of the Obama administration.
 
ItAin'tFree said:
LOL. I'd like to met the SOB that convinced you of that. He's one of the best liars on earth. Right up there with members of the Obama administration.
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Just about any economist will tell you the same. Just because you think you are smarter than them does not mean you are correct by any means. The only liars I know of are the ones that said austerity will bring jobs through "confidence", no matter how many times history and facts prove them wrong.
 
iguanaman said:
Just about any economist will tell you the same. Just because you think you are smarter than them does not mean you are correct by any means. The only liars I know of are the ones that said austerity will bring jobs. No matter how many times history and facts prove them wrong.
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Let's see, we have 17 trillion in debt and today approximately 22 million unemployed/under employed/discouraged workers. Is that the kind of investment in the future you are talking about? Keep buying the liberal spin
 
Grant said:
So Obama, with his almost $18 trillion debt plus obligations of trillions more, is 'preparing for the future'?

What kind of future do you and he envision?
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Not what you want that's for sure. We believe in America.
 
Mithros said:
Obama has cut the DEFICIT in half....But please continue to educate us on the remarkable level of ignorance of the modern tea party conservative.
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And to counter the obvious: On Jan. 7, 2009, two weeks before Obama took office, the Congressional Budget Office reported that the deficit for fiscal year 2009 was projected to be $1.2 trillion.
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Which doesn't mean squat in a discussion about debt. Only where there is an actual surplus that can be applied to the debt does the deficit discussion mean anything positive in this regard. That we have a deficit at all means we're still planning on spending money we don't have, and that means borrowing more and increasing the debt.
 
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