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You people are freaking retarded. On one hand you claim the economy has recovered from the greatest downfall since the great depression and on the other you claim the social safety net is just not large enough.
Please quote where anyone said the economy has fully recovered. But facts are facts. While you righties claim that it's all Obama spending, the numbers show otherwise. Most of the gap that caused the deficit, of which $1.2 trillion was in Bush's last year, is due to reduced revenues and automatic spending on the safety net, which should be spent during an economic decline.
Recent deficits are caused mainly by a fall in revenue and a mostly automatic increase in spending on safety-net programs -- plus, the federal government had been providing aid to state and local governments, largely to limit layoffs of schoolteachers.
Now, what spending do you want to cut? Please remember that large cuts in government spending will drive the economy back into recession. This isn't complicated economics. This is ECO 101. Now, who is writing childish posts?
Let's see, we can start with entitlements. But you want specifics:
1. Government funded studies on monkeys
2. Government funded studies on robotic squirrels getting bit by rattlesnakes
I could type all night bu those are just a couple examples of the immensely wasteful programs that we have out there. Then again, I don't expect the left to listen to a proposal from Paul Ryan that would get this country back in order. Just make excuses, say we have a revenue issues, deny all facts, don't even listen to the President who has claimed that you don't raise taxes in a down economy. We could go on for a long time!!!
Let's see, we can start with entitlements. But you want specifics:
1. Government funded studies on monkeys
2. Government funded studies on robotic squirrels getting bit by rattlesnakes
...
This seems like a good time to repeat, once again, the truth about federal spending: Your federal government is basically an insurance company with an army. The vast bulk of its spending goes to the big five: Social Security, Medicare, Medicaid, defense, and interest on the debt.
Recent deficits are caused mainly by a fall in revenue and a mostly automatic increase in spending on safety-net programs. Oh, and the federal government had been providing aid to state and local governments, largely to limit layoffs of schoolteachers.
The amounts spent on anything remotely resembling studies on monkeys or studies on robotic squirrels is a rounding error on a rounding error. It’s just not what your government does on any significant scale to make a difference on the deficit.
And if you want smaller government, either you’re talking about cuts in the big five, or you have no idea what you’re talking about -- which is obvious. Oh, and if you really want to make a dent in the deficit without decimating Social Security, Medicare, Medicaid or defense, you're talking about raising taxes.
Did the Debt just magically appear? Hasn't it been accumulating for quite some time?
I would like to know why that matters? Debt is debt. Whether it happened this month or over the last few years it is still owed and needs to be paid.
What I cannot understand is a president that is giving money to people that don't even belong in this country and borrowing the money from China to do it. Has he lost his mind??!!!!!!!!!!!
Then there is the matter of using a large amount of money to advertise to another country that we like them. We don't need to be borrowing to spend any money in any other country.
When you owe money and need to get it paid, you cut to the bare bones. You do not spend anything that does not have to be spent. You only buy things that your family needs and that does not include giving money to private companies, etc., etc., etc. And you don't have an irresponsible president taking unnecessary vacations on the taxpayers dollar.
And you don't send everybody in the country the same amount of money. Dumbest thing I had ever heard in my entire life. It is like a parent that is in debt so he goes out and borrows money to give each child money to waste. How is this supposed to curb the debt? Makes absolutely no sense.
Economists use a number of methods to calculate national debt.
If public debt is calculated as the government debt that is directly held by the public, the U.S. debt is $8.5-trillion - ignoring the trillions in debt that different branches of the government owe to other branches of the government.
Reason: If Obama was even remotely normal...ok ? he would be interested in explaining his approach rather then going around like a turkey with no head trying to rave other headless turkeys for support....We know this.
Thats just how transparent Obama is.
Gov...is not moving through reason, it is out of order and very disordered, our present experience. Things that are out of order are boring because theres just nothing to relate with from a disposition of order. Plain and simple, most things are.
Got it. Let's raise taxes then. The GOP tax cuts and wars have put us here. End the wars and return to Clinton Era tax rates. Cut some spending too. Voila. Debt will decline.
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