Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
OK. So we create make-work jobs that have no demand and offer no return, pay the unemployed, and then when we are done "updating our infrastructure," where do the unemployed go?
Updating our infrastructure, the backbone of the economy, is simply just "make-work." That's interesting.
When interest rates are as low as they are, right now is perfect to borrow and invest in updating our infrastructure.
That works if you've been fiscally responsible and are coming from a cash strong position (see Google in issuing corporate bond a couple months ago). Otherwise, not so much. The US government has not been fiscally responsible and cannot afford to borrow for such projects. It will become more difficult to do so as the credit rating is downgraded from AAA to D.
When was the last time the dems passed a budget....would we be in this situation?
I'll stick with Democrats continuing resolutions compared to the GOP/Ryan plan that puts us on the pathway to poverty. The Democrats were irresponsible. The Republicans are clueless.
I agree we are headed in the wrong direction, the government should be hiring the unemployed for massive public works project like a transcontinental high speed rail line, fixing the roads and bvridges before they fall down, providing health care for all. I agree the government is headed toward making America a third world nation where the rich, who already control 56% of the wealth can buy the Supreme Court and whatever Governors they need to return us to the good old robber baron days
Just because someone asks "do you think America is headed in the wrong direction?" doesn't mean his/her right direction is yours
Boompa, wasn't that supposed to be the purpose of the stimulus? You know, millions of shovel-ready jobs?
That works if you've been fiscally responsible and are coming from a cash strong position (see Google in issuing corporate bond a couple months ago). Otherwise, not so much. The US government has not been fiscally responsible and cannot afford to borrow for such projects. It will become more difficult to do so as the credit rating is downgraded from AAA to D.
Get it yet?
So cut other spending, and raise more revenue to invest back into the country. It would take about 3 trillion to fix our crumbling infrastructure. Ignoring the problem doesn't solve anything.
I'll stick with Democrats continuing resolutions compared to the GOP/Ryan plan that puts us on the pathway to poverty. The Democrats were irresponsible. The Republicans are clueless.
Would that be even when the dems OWNED all of congress, also?
I beleive it is going close to 800+ days without a budget....
I'll stick with Democrats continuing resolutions compared to the GOP/Ryan plan that puts us on the pathway to poverty. The Democrats were irresponsible. The Republicans are clueless.
The GOP/Ryan plan put us on the path to poverty? You've got to be kidding. Take a look at the Democrat controlled Congress x 6 years, they held the purse strings. Take the blinders off and realize that Obama has put the car on the path to poverty into turbo-drive.
Updating our infrastructure, the backbone of the economy, is simply just "make-work." That's interesting.
Yes it is. Have you seen some of the "investments" that the ARRA implimented. Planting flowers in traffic circles, widening roads that do not need to be widened, building bridges that don't need to built. That's a waste. It's called make-work.
So cut other spending, and raise more revenue to invest back into the country. It would take about 3 trillion to fix our crumbling infrastructure. Ignoring the problem doesn't solve anything.
No, ignoring the debt crisis is not going to solve it. That is exactly why the run away spending must be addressed NOW rather than kicking it down the road yet again. We simply can no longer afford it; and cost of servicing the debt only continues to increase. You cannot expect to get out of debt by making interest only payments and taking out multiple interest only mortgages. Can you really not see that?
Why didn't Obama's multiple "stimulus/jobs programs" address the infrastructure? Wasn't that the point? Or, did he pay off political friends with that money instead?
Quote:
Originally Posted by VTHokieFan
Yes it is. Have you seen some of the "investments" that the ARRA implimented. Planting flowers in traffic circles, widening roads that do not need to be widened, building bridges that don't need to built. That's a waste. It's called make-work.
Yep, and a long time liberal strategy too. Flashback to Clinton era and look how many times he did same.
I'll stick with Democrats continuing resolutions compared to the GOP/Ryan plan that puts us on the pathway to poverty. The Democrats were irresponsible. The Republicans are clueless.
They have their priorities backwards, but rather than do what was immediately necessary, they spent the time they had in control of the government drafting a massive pet project rather than fixing our economy and budgetary problems, allowing the debt problem to snowball and come to a crisis scenario.
His answer, as usual, is that it's Bush's fault. I don't disagree with that and I was opposed to the crazy levels of spending under Bush as well, but the deficit that was bad under Bush is absolutely horrible under Obama.
If the Democrats would spend their time fixing the major problems first, we might be far better off (though Obama seems to have filled his cabinet with people who have no real-world business experience, so that assumption is a stretch.) However, the biggest issues I hear from Democrats is healthcare reform and gay marriage at a time when we're on the brink of financial disaster. And Republicans want to kill grandma, the poor and children because they want to address our biggest financial burden, our social programs.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
