Re: Should we ever have a budget surplus again, what should we do with the extra mone
What is actually happening is Obama has increased the national in 5.5 yrs by 7 trillion and is still borrowing 800 billion a yr. Under the liberal movement there is no future to even balance the budget to even give an opportunity to pay any debt. And I have not heard one democrat say they should cut anything, zip zero, nada.
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).
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...
...until the Republicans came back into office, of course. "Reagan proved deficits don't matter." Dick Cheney said that.
So...let me see here - Obama's cut the deficit by more than two-thirds 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.
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 badevilterriblestupidsocialistcommunistnazibleedingheartliberalbad.