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Old 11-26-2012, 05:06 PM
 
1,167 posts, read 1,122,595 times
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Keep swiping that credit card....Obama..

When President Barack Obama first took office on Jan. 20, 2009, the national debt stood at $10,626,877,048,913.08. Since then, it has increased by $5,680,611,894,651.15.


Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving | CNS News
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Old 11-26-2012, 05:09 PM
 
Location: Sango, TN
24,868 posts, read 24,392,645 times
Reputation: 8672
Quote:
Originally Posted by Mr.XXX View Post
Keep swiping that credit card....Obama..

When President Barack Obama first took office on Jan. 20, 2009, the national debt stood at $10,626,877,048,913.08. Since then, it has increased by $5,680,611,894,651.15.


Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving | CNS News
And most of that spending was in 2009, actually over half of it was, and who did the budget for that year?

Oh yeah.

W....
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Old 11-26-2012, 05:10 PM
 
13,900 posts, read 9,773,129 times
Reputation: 6856
Right. We need spending cuts and tax increases.
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Old 11-26-2012, 05:14 PM
 
Location: Sango, TN
24,868 posts, read 24,392,645 times
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Quote:
Originally Posted by Winter_Sucks View Post
Right. We need spending cuts and tax increases.

Yes we do. Now, where do we cut, and how much do we increase?

I say defense should be cut in half, as well as ending oil subsidies, along with reforms in programs like food stamps and other programs.

I say that we should return to the Bush era tax rates for every American, and that we increase capital gains taxes to 28%.

I say that we should increase the social security retirement age, means test pay out, and raise the medicare eligibility age to 68-70 years old because after all, doesn't Obamacare prevent discrimination on pre-existing condition?
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Old 11-26-2012, 05:17 PM
 
13,900 posts, read 9,773,129 times
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Quote:
Originally Posted by Memphis1979 View Post
Yes we do. Now, where do we cut, and how much do we increase?

I say defense should be cut in half, as well as ending oil subsidies, along with reforms in programs like food stamps and other programs.

I say that we should return to the Bush era tax rates for every American, and that we increase capital gains taxes to 28%.

I say that we should increase the social security retirement age, means test pay out, and raise the medicare eligibility age to 68-70 years old because after all, doesn't Obamacare prevent discrimination on pre-existing condition?
That sounds pretty good to me. I would also try to increase more domestic energy production of all kids here at home, also.
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Old 11-26-2012, 05:19 PM
 
12,772 posts, read 7,979,187 times
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Originally Posted by Winter_Sucks View Post
That sounds pretty good to me. I would also try to increase more domestic energy production of all kids here at home, also.
Man, and as a Libertarian I get told that I'm in favor of child labor, but look at you...literally putting kids back in the coal mines.

Obviously just a typo on your part but I couldn't resist.
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Old 11-26-2012, 05:20 PM
 
Location: Limbo
6,512 posts, read 7,550,899 times
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Quote:
Originally Posted by Memphis1979 View Post
Yes we do. Now, where do we cut, and how much do we increase?

I say defense should be cut in half, as well as ending oil subsidies, along with reforms in programs like food stamps and other programs.

I say that we should return to the Bush era tax rates for every American, and that we increase capital gains taxes to 28%.

I say that we should increase the social security retirement age, means test pay out, and raise the medicare eligibility age to 68-70 years old because after all, doesn't Obamacare prevent discrimination on pre-existing condition?
I'll take it.

While I am a strong advocate of the military, I believe that a reduced budget will require us to better utilize our resources.

Reform, taxes, cuts.
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Old 11-26-2012, 05:22 PM
 
Location: Sango, TN
24,868 posts, read 24,392,645 times
Reputation: 8672
Quote:
Originally Posted by Winter_Sucks View Post
That sounds pretty good to me. I would also try to increase more domestic energy production of all kids here at home, also.
Increase it how? With subsidies for that energy? With increased government spending? Where are you going to get that extra money from? Is it going to keep the deficit from being further cut?

We need to let the free market decide out energy future, not Washington. Washington can dictate how much of that energy should come from domestic sources, becasue in my opinion that falls into national security, but beyond that, they should stay out of the ballgame.
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Old 11-26-2012, 05:22 PM
 
13,900 posts, read 9,773,129 times
Reputation: 6856
Quote:
Originally Posted by t206 View Post
Man, and as a Libertarian I get told that I'm in favor of child labor, but look at you...literally putting kids back in the coal mines.

Obviously just a typo on your part but I couldn't resist.

LOL.

That's part of my education reform agenda. Either shape up and do well in school or you're working the oil fields!!!
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Old 11-26-2012, 05:27 PM
 
13,900 posts, read 9,773,129 times
Reputation: 6856
Quote:
Originally Posted by Memphis1979 View Post
Increase it how? With subsidies for that energy? With increased government spending? Where are you going to get that extra money from? Is it going to keep the deficit from being further cut?

We need to let the free market decide out energy future, not Washington. Washington can dictate how much of that energy should come from domestic sources, becasue in my opinion that falls into national security, but beyond that, they should stay out of the ballgame.
Opening up more areas for drilling. Deregulate refinery operations. Allow the Keystone pipeline. Keep the solar and wind tax breaks. Invest in a smart grid infrastructure. Back more loan guarantees for nuclear power. Keep funding R and D for alternative fuels/energy, conservation, and energy storage. I would do an all of the above energy strategy.
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