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Right, because he's the one that didn't pass the bill raising the debt ceiling...
raising the debt ceiling isnt the answer
cutting spending is
when you reach your credit card max..do you cry for an increase in your limit...or do you start paying down not only the interest but the principal to get rid of the debt????
Actually you can- You can max out all of your creditcards then declare bankruptcy and not have to pay back one cent. But you can keep all the goods and will have enjoyed all the vacations.
It is what many deadbeats have done with Second mortgages over the last 10 years.
That's not true. They can and will take some of your stuff to pay down your debt. You cannot file if they think you have spent needlessly in the six months prior to your filing or in the six months between filing and your discharge.
We shouldn't have to raise the debt ceiling. Obama and his Dem buddies need to stop spending already!
Of course!!! Just so long as it doesn't effect YOUR district in YOUR state and YOUR job, right?
Like I said, cut out the alternate F-35 Engine in Boehner's District. Close a military base in Cantor's district, remove oil subsidies for companies making record profits.....
Republicans show ANY give on their pet projects and I will begin to take them at their word that they are REALLY trying to do something about this and believe in the "shared sacrifice" that they've been touting...
Until then? No. Calling for scrapping Planned Parenthood and re-working Medicare in the fashion they are proposing tells me that they are just using this as an excuse to achieve their own political ends. Nothing more.
when you reach your credit card max..do you cry for an increase in your limit...or do you start paying down not only the interest but the principal to get rid of the debt????
It is a FACT.
The debt ceiling WILL be raised if the Dems bow down to the partisan cuts proposed by the Republicans.
Do you understand? The debt ceiling is going to be raised regardless. It HAS to be....
To compare our national debt to a flippin' credit card shows how little you understand about the repercussions here....
Did I say deficit spending caused the financial crisis? No. Not at all.... and I don't believe it for a second.
You said we were spending ourself into deficits, while defending the current spending outself into deficits..
Quote:
Originally Posted by psulions2007
What did I say? I said that we were already in budget deficit, contributing to the national debt substantially, when the financial crisis started and we started to have to spend money to help muzzle the crisis (whether I agree or disagree on how they spent the money is a completely different matter).
And how we spent the deficits were 1/5th what we are spending now. Where is your outrage?
Quote:
Originally Posted by psulions2007
Now...we started with a deficit that we had to add on to as a result of the financial crisis. That means the deficit is BIGGER than if we had a surplus and subtracted from that.
the deficits are bigger than would have been if we werent spending, true.. Tell me why you arent outraged over the spending going on? Do you understand the difference between $300B in deficits, vs $1.5T?
Quote:
Originally Posted by psulions2007
If you don't understand that, I highly suggest you go back and take some grade school math classes.
As soon as you take an accounting course which equates more debt do not equal surpluses.. Again, take it up with the US Treasury office who says there wasnt a surplus.. Link above..
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Great. Which clearly means you should cut taxes which no other congress/administration has done during wartime. That's not to even mention the fact that we shouldn't have even been there in the first place.
...and if you believe cutting taxes helped pay for the war, then I have a mountain ski resort in Florida I want to sell you.
Of course!!! Just so long as it doesn't effect YOUR district in YOUR state and YOUR job, right?
Like I said, cut out the alternate F-35 Engine in Boehner's District. Close a military base in Cantor's district, remove oil subsidies for companies making record profits.....
Republicans show ANY give on their pet projects and I will begin to take them at their word that they are REALLY trying to do something about this and believe in the "shared sacrifice" that they've been touting...
Until then? No. Calling for scrapping Planned Parenthood and re-working Medicare in the fashion they are proposing tells me that they are just using this as an excuse to achieve their own political ends. Nothing more.
I don't care if it affects me, it needs to be done. Just like when my household spends too much, we have to cut back. It's hard, but we either work more hours or figure out where we can cut spending. I'd much rather it affect me than have it affect our child down the road, it will be much worse for her than for us to suck it up right now.
I have no problem with the things you mentioned...but start there and KEEP GOING.
Medicare does need to be addressed, as does SS.... The issue with PP is not a fiscal one, it's a moral one.
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Obama and his Dem buddies need to stop spending already!
