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.
"I’m pledging to cut the deficit we inherited in half by the end of my first term in office," Obama said three years ago. It would "not be easy" he said, giving himself a pat on the back in advance, "but I refuse to leave our children with a debt that they cannot repay — and that means taking responsibility right now, in this administration, for getting our spending under control".
Why does the US have to emulate failing countries like the Europeans? If there is a market for the rails let private companies build them and run them. I'm sure there are some routes that could be profitable. But if the gov't gets involved they will have to answer to constituents that want rails in their districts, whether they would be profitable or not. Just like there are bus routes in many cities that carry only a handful of people each day, but they can't be eliminated because of political pressure.
First, your comment about 'emulating failing countries like the Europeans,' sounds like someone that never visited Europe. There is much we can learn from the Europeans, who use far less energy per capita than Americans. We can also learn much more about health care. Europe is not a failed continent.
Second, if we left everything up to the private sector to fund major national projects, we wouldn't have railroads in the 1800s, canals, the interstate highway system, etc. -- because it was never possible for private companies to provide all the resources.
The 2009 budget was Bush's. Besides, what are you trying to say with these two links? Use words.
We already know that Obama inherited a lousy economy, lower government revenue and higher demands on safety net programs due to the lousy economy that drove higher deficits.
Of course Obama approved of the 2009 budget deficits or he could have simply changed them. he didn't. In fact he figured he would expound upon them.
And now? He's come to the conclusion the American people are so stupid that he can lie at every turn and people like you will champion him and sing of his glory and praise him every step of the way and utterly stand behind his complete lies.
What's that you say? You've not done that? You've stood in his way of nation destroying budgets and deficits? We'll you can remove the budget part, he wasn't adamant enough about that to get one of those things passed. Obamacare he did though.
The 2009 budget was formulated in 2008. Who was in the WH in 2008? Do you really, really think the 2009 deficit would have been different had McCain won?
Besides, what would you have Obama do, slash spending in the middle of the worst recession since the 1930s? Besides, besides, we don't focus on deficits when the issue is jobs.
Time and time again, I've discredited the meme that the deficit is because Obama grew government -- I should put the response on an F-key I've said it so many times. Here is the latest time.
Why does the US have to emulate failing countries like the Europeans? If there is a market for the rails let private companies build them and run them. I'm sure there are some routes that could be profitable. But if the gov't gets involved they will have to answer to constituents that want rails in their districts, whether they would be profitable or not. Just like there are bus routes in many cities that carry only a handful of people each day, but they can't be eliminated because of political pressure.
Government is already mch more heavily involved in air travel, highways, etc, than rail. We should not be spending billions of dollars on the aviation industry to expand runways, we should be spending the money to put in new rail systems for short hauls between major cities. Rail is around 5 times more efficient than airlines, not including all the aviation overhead.
You can't expect private companies to do what is necessary in any mode of transportation, that has never been the case. The investment in rail needs extensive governement intervention whether it be funding or acquiring property. You can do it now or wait a few years when the situation wil be worse, either way it's am intelligent investment for the future.
The 2009 budget was Bush's. Besides, what are you trying to say with these two links? Use words.
We already know that Obama inherited a lousy economy, lower government revenue and higher demands on safety net programs due to the lousy economy that drove higher deficits.
Right, right. That $5 TRILLION obama added to the debt in just 3 years was somebody elses fault. Isn't that how it ALWAYS is with his die hard supporters?
Oh look, a random act of journalism;
News from The Associated Press (http://hosted.ap.org/dynamic/stories/U/US_OBAMA_BUDGET?SITE=AP&SECTION=HOME&TEMPLATE=DEFA ULT&CTIME=2012-02-13-19-09-20 - broken link)
Obama's budget: Government still getting bigger
Quote:
WASHINGTON (AP) -- Taking a pass on reining in government growth, President Barack Obama unveiled a record $3.8 trillion election-year budget plan Monday, calling for stimulus-style spending on roads and schools and tax hikes on the wealthy to help pay the costs. The ideas landed with a thud on Capitol Hill.
Does he ever - the POGarbage will not tackle the most important issues of today. He thinks this is a winning strategy...to grow the government even more.
First, your comment about 'emulating failing countries like the Europeans,' sounds like someone that never visited Europe. There is much we can learn from the Europeans, who use far less energy per capita than Americans. We can also learn much more about health care. Europe is not a failed continent.
Second, if we left everything up to the private sector to fund major national projects, we wouldn't have railroads in the 1800s, canals, the interstate highway system, etc. -- because it was never possible for private companies to provide all the resources.
Check out the history of Railroad building in the 1800's.
"By 1840 the railroad had eclipsed canals as the center of the internal improvements debate. Many states subsidized canals and railroads during the late 1830s and later but, as will be discussed below, the subsidies usually turned out to be disastrous.“In Ohio, as in other states, revulsion followed the early enthusiasm” for government subsidies. There was so much waste and corruption that Ohio “stood as one of the chief examples of the revulsion of feeling against governmental promotion of internal improvement. In 1851 the state amended its constitution to prohibit both state and local government subsidies to private companies.
Indiana, Illinois, and Michigan were even less successful with their subsidy programs.
mises.org/journals/scholar/internal.pdf
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.
