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Old 02-25-2013, 04:14 PM
 
Location: Dallas
31,292 posts, read 20,749,540 times
Reputation: 9330

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"This is what the president is saying is a massive and devastating spending "cut."" Rand Paul.

Listening to Obama, you would think there really would be spending cuts rather than a miniscule reduction in the spending increases. But to the worlds biggest spender, a slowing of the increase must be quite stressful.

The joker in the White House is saying a 1% cut will "add hundreds of thousands of Americans to the unemployment rolls. ... The unemployment rate might tick up again."

But 8% unemployment for 4 years is just fine with him. What a joke.
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Old 02-25-2013, 07:34 PM
 
33,387 posts, read 34,854,052 times
Reputation: 20030
when FDR was in office his motto was the only thing we have to fear is fear itself. with this president the motto is, the only thing we have is fear.
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Old 02-25-2013, 07:53 PM
 
2,930 posts, read 2,225,240 times
Reputation: 1024
Quote:
Originally Posted by Roadking2003 View Post


"This is what the president is saying is a massive and devastating spending "cut."" Rand Paul.

Listening to Obama, you would think there really would be spending cuts rather than a miniscule reduction in the spending increases. But to the worlds biggest spender, a slowing of the increase must be quite stressful.

The joker in the White House is saying a 1% cut will "add hundreds of thousands of Americans to the unemployment rolls. ... The unemployment rate might tick up again."

But 8% unemployment for 4 years is just fine with him. What a joke.
Obama has cried wolf so many times that I feel the American public has become numb to it. Everything for the past four years has been a series of "crises" that have been touted as "needing immediate action".

Rahm Emmanuel stated that "no crisis should go to waste", and Obama has used that theory to its maximum advantage. Maybe it has gone on too long as no one seems to give a rat's patoot about all the yelling and handwringing the administration is using to create pandemonium.
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Old 02-25-2013, 07:55 PM
 
Location: Great State of Texas
86,052 posts, read 84,509,263 times
Reputation: 27720
Quote:
Originally Posted by rbohm View Post
when FDR was in office his motto was the only thing we have to fear is fear itself. with this president the motto is, the only thing we have is fear.
Fear drives change that would never be made with logical thinking. That's why.
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Old 02-25-2013, 07:59 PM
 
13,900 posts, read 9,775,066 times
Reputation: 6856
Quote:
Originally Posted by Roadking2003 View Post


"This is what the president is saying is a massive and devastating spending "cut."" Rand Paul.

Listening to Obama, you would think there really would be spending cuts rather than a miniscule reduction in the spending increases. But to the worlds biggest spender, a slowing of the increase must be quite stressful.

The joker in the White House is saying a 1% cut will "add hundreds of thousands of Americans to the unemployment rolls. ... The unemployment rate might tick up again."

But 8% unemployment for 4 years is just fine with him. What a joke.
You think 8% unemployment is bad, but you are fine with the sequester pushing unemployment up to 9%?
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Old 02-25-2013, 08:02 PM
 
Location: Palo Alto
12,149 posts, read 8,421,542 times
Reputation: 4190
Quote:
Originally Posted by Winter_Sucks View Post
You think 8% unemployment is bad, but you are fine with the sequester pushing unemployment up to 9%?
If $40 billion pushes UE up a full point then he's a bigger liar than I thought.
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Old 02-25-2013, 08:02 PM
 
19,942 posts, read 17,198,967 times
Reputation: 2017
Quote:
Originally Posted by Winter_Sucks View Post
You think 8% unemployment is bad, but you are fine with the sequester pushing unemployment up to 9%?
How would it cause unemployment to hit 9%? And if so, why hasn't obama actually done anything to stop that before now?
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Old 02-25-2013, 08:04 PM
 
13,900 posts, read 9,775,066 times
Reputation: 6856
Quote:
Originally Posted by TrapperJohn View Post
If $40 billion pushes UE up a full point then he's a bigger liar than I thought.
It's another 85 billion in cuts for half of a fiscal year, on top of the last round of cuts.
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Old 02-25-2013, 08:06 PM
 
13,900 posts, read 9,775,066 times
Reputation: 6856
Quote:
Originally Posted by Vizio View Post
How would it cause unemployment to hit 9%? And if so, why hasn't obama actually done anything to stop that before now?
Job losses and less consumer demand cause more unemployment. Look at Europe.
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Old 02-25-2013, 08:16 PM
 
Location: Palo Alto
12,149 posts, read 8,421,542 times
Reputation: 4190
Quote:
Originally Posted by Winter_Sucks View Post
It's another 85 billion in cuts for half of a fiscal year, on top of the last round of cuts.
It is split 50/50 and they don't lay off the guys in the military.
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