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As we mentioned on Friday, the American public doesn’t support it. In our NBC/WSJ poll, only 16% said that Congress should raise the debt ceiling, versus 46% who said it shouldn’t.
Okay, but are they prepared for the consequences and can they live with the consequences? I doubt it.
that is what is wrong with asking the public policy questions when the public has no idea what the actual implications of those policy decision are. I'm sure many are equating raising the debt ceiling with increasing the deficit within the current budget.
FYI America, Congress already authorized the spending, this is only a step to allow the authorized spending to occur.
Quote:
Originally Posted by Mircea
Okay, but are they prepared for the consequences and can they live with the consequences? I doubt it.
Bush's 2009 budget had a $407 billion deficit built into before he gave a trillion dollars to wall street.
Bush's 2008 budget had a $410 billion deficit built into before he added a trillion to the debt that year.
BZZZ wrong again.. Requested budgets are NOT expenses.. They dont become expenses until CONGRESS writes the request for funding.. Try reading the Constitution..
btw, why arent you talking about 2010, 2011? You do understand the deficits are MUCH LARGER.. or doesnt that matter to you?
Last edited by Green Irish Eyes; 04-24-2011 at 08:51 AM..
Reason: Please discuss the topic, not each other.
I'm sure many are equating raising the debt ceiling with increasing the deficit within the current budget.
Um.. yes.. you need to raise the debt ceiling in order for the budget to be funded..
Quote:
Originally Posted by buzzards27
FYI America, Congress already authorized the spending, this is only a step to allow the authorized spending to occur.
The fact that they authorized the spending is meaningless, if you HAVE NO MONEY TO SPEND. Thats like going out to dinner, but not being able to pay the bill.. Just because I authorized my family to eat, doesnt mean they arent going to ask that I pay for the food..
you are talking nonsense now. Bush's 2009 budget proposal did not differ much from what the budget resolution congress sent back to him. The 2009 budget was ALL bush's, he had the the right to veto it and I don't recall him doing that. You cannot blame Obama for Bush's utter failure to govern in his last year, just as you cannot blame Obama for the results of Bush's Great Recession.
The chart (above) is based on the assumption that the current administration should be blamed for the 2009 fiscal year. While this makes sense to a casual observer, it is largely untrue. The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while Bush was in the White House .
you should know better pg, you don't appear to be a casual observer.
Quote:
Originally Posted by pghquest
BZZZ wrong again.. Requested budgets are NOT expenses.. They dont become expenses until CONGRESS writes the request for funding.. Try reading the Constitution..
btw, why arent you talking about 2010, 2011? You do understand the deficits are MUCH LARGER.. or doesnt that matter to you?
the 2010 deficit was smaller that 2009, I believe. 2009's deficit, including all intragovernment holding, was $1.885 Trillion Deficit (RECORD TO BUSH, AGAIN!!!!)
Probably because the phrase, "raising the debt ceiling" sounds like the wrong thing to do. Most voters are too busy working and raising families to pay close attention to politics when it's not an election year. My bet is that if they were informed, the majority would favor raising it.
In your poll, a minority of 46% opposed it.
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