U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-22-2009, 07:37 PM
 
Location: Central Illinois -
21,364 posts, read 14,264,551 times
Reputation: 14489

Advertisements

Quote:
Originally Posted by calmdude View Post
We spend far far more on defense when compared to other countries so there is a reason to cut there.

We spend more than the rest of the world combined. The B-1 bomber had components for it manufactured in all 50 states, thereby insuring it would not be cut.
Reply With Quote Quick reply to this message

 
Old 01-22-2009, 07:48 PM
 
4,172 posts, read 5,979,034 times
Reputation: 1199
Quote:
Originally Posted by odanny View Post
We spend more than the rest of the world combined. The B-1 bomber had components for it manufactured in all 50 states, thereby insuring it would not be cut.
I thought it was more than the next 15 countries - in either case, it is insane and deprives us of so many opportunities. Cuts will have to be made somewhere - even in deeply embedded projects.
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 07:52 PM
 
511 posts, read 574,838 times
Reputation: 127
Remember Obama wants a Civillian Security Force that's just as well funded and equipped as the military. That's an additional $500 billion+ in taxpayer spending. People should have read beyond "hope" and "change" when they voted for this guy.
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 08:12 PM
 
Location: Chicago, IL
8,998 posts, read 13,068,752 times
Reputation: 3536
Quote:
Originally Posted by calmdude View Post
Agree completely with you on the above part. It seems the Democrats have been stressing mostly conservation (Demand), and the Repbulicans mostly drilling (supply). If only we can combine what both are saying. Alternate fuels will take quite some time so we need to wake up and open up more areas to drilling. If you look at the logs of spills from rigs, drilling is way cleaner than what it used to be. This sector can create more good jobs for the middle class.
Drilling For Oil Is Not The Answer : TreeHugger

http://www.treehugger.com/offshore-drilling-graph.jpg (broken link)

Offshore Drilling Graph Speaks for Itself : TreeHugger
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 08:22 PM
 
27,903 posts, read 34,340,394 times
Reputation: 4031
That's $3.65 billion a year @ $50 barrel. When trillions are being hemorrhaged anything helps. That's like saying I can only save $50 with coupons....
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 08:25 PM
 
4,172 posts, read 5,979,034 times
Reputation: 1199
I am not sure of the source. For example, right now we consume almost 21 mil bbl/d - the graph shows less. ANWR alone will reportedly add 1-1.3 million bbl/d & produce 250,000-750000 jobs in ANWR and have a total indirect impact of about 1 million jobs. We currently produce about 7.6 mill bbl/day so ANWR alone can be significant.

Last edited by calmdude; 01-22-2009 at 08:39 PM..
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 08:33 PM
 
4,510 posts, read 4,102,099 times
Reputation: 1501
Well, for starters we can divert the 6 billion/mo we are spending in Iraq to build infrasructure in the US. That alone will help.
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 08:41 PM
 
4,172 posts, read 5,979,034 times
Reputation: 1199
--Although I am not against offshoring, we can at least not give bailout money and tax breaks to companies that set up operations overseas at our expense. GM just opened a plant in China last month while pleading poverty in front of the Congress.

-- have term limits so that these guys are not in deep industry pockets

-- tighten corporate governance

-- encourage personal responsibility and education

Last edited by calmdude; 01-22-2009 at 08:49 PM..
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 09:14 PM
 
Location: Sacramento
13,781 posts, read 23,751,182 times
Reputation: 6174
Quote:
Originally Posted by calmdude View Post
We spend far far more on defense when compared to other countries so there is a reason to cut there and avoid a stiff grampa at the Thanksgiving table. There is simply no one who can compete militarily against us. A cut of few percent points there is a big deal. It also depends on how you dice and slice the pie ( The Federal Pie Chart ).

However we get the dough, one of the key efforts should be to invest in industries that have a future.
Entitlement spending is the big growth problem in our budget, and it is rapidly getting worse (especially medicare and medicaid):

In 2005, Senator Judd Gregg, then Chairman of the Senate Budget Committee stated that "Mandatory entitlement spending now represents a whopping 55 percent of all federal spending. If left on its current path, that could jump to more than 60 percent in 10 years.

A paper written by Congressman Randy Forbes in April of 2008, "The Challenge of Giant Entitlements", states that "Entitlement spending, or government spending that takes place automatically every year without any action from Congress, is currently 62 percent of our overall federal spending."

According to the Budget office of the U.S. government, just the two largest entitlements - Social Security and Medicare - made up 18.7% of the 1970 budget. In 2006, these two programs alone made up 33.3%, just a few points short of doubling.


WikiAnswers - What percentage of the U.S. federal budget is spent on entitlements


From former GAO head David Walker, who specifically mentions that you can eliminate the entire DoD expenditure and not solve the budget problem:

"The fact is, is that we don't face an immediate crisis. And, so people say, 'What's the problem?' The answer is, we suffer from a fiscal cancer. It is growing within us. And if we do not treat it, it could have catastrophic consequences for our country," Walker replies.

The cancer, Walker says, are massive entitlement programs we can no longer afford...Walker says you could eliminate all waste and fraud and the entire Pentagon budget and the long-range financial problem still wouldn't go away, in what's shaping up as an actuarial nightmare.


U.S. Heading For Financial Trouble?, Comptroller Says Medicare Program Endangers Financial Stability - CBS News
Reply With Quote Quick reply to this message
 
Old 01-22-2009, 09:29 PM
 
27,903 posts, read 34,340,394 times
Reputation: 4031
The trustees found that our obligations to future retirees are unfunded by a staggering $62 trillion. Add that to an earlier estimate of unfunded liabilities for the Social Security pension system, and the figure rises to $72 trillion," Sen. Joe Lieberman, D-Conn., said in a recent Financial Times editorial. "It is hard for most people to grasp those astronomical figures," he wrote. "They far exceed the entire net worth of the United States. But, as a nation, we must urgently grasp them -- and act. Americans cannot afford to ignore this reality. Each year that we do nothing, this 'entitlement gap' will grow by $2 trillion."

Health Care - The Real Medicare Crisis Ahead (http://www.ncpa.org/prs/rel/2004/20040604bnr.htm - broken link)


June 4, 2004
Reply With Quote Quick reply to this message
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.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top