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Read up on the spankin’ new budget from the current Prez which will apparently usher in “A New Era of Responsibility.”
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we should hand them the MAX they can spend, and LEAVE IT..
the gov does the same..and if you DONT spend it, they take that amount back NEXT YEAR..
say you have a budget of $12,000 and spend $10,000..NEXT time you ONLY get $10,000..
With all the cut to ALL the departments and PARTS of the gov in the LAST 16 years(clinton started it) the GOV is very CUT BACK, there isnt much MORE to cut, EXCEPT the HIGH PAYING JOBS..
Pretty funny Uncle Dave. There hasn’t been a budget surplus in 40+ years. The US has run a deficit since before Kennedy.
ROFL
Like they say in accounting school – “the numbers don’t lie”.
#3 Dallas said, ““the numbers don’t lie””
Correct, however. Sometimes people do…
Paddy, read the post.
There is a big difference between budget deficit and national debt.
Current repukes squeal is Obama is stealing the American dream from our kids. There is no dream left after they stole all I had to give them. More tax breaks for the rich.. Yea.. way to go assholes.
The difference between tax and spend, and cut taxes and spend. At some point they have to stop borrowing, but I think we’re on a better track.
There are things the private sector isn’t going to fund (roads, disaster monitoring, common defense etc…)
Do those stats included “emergency supplimental” spending in the past few years, for surprise emergencies, like the wars etc.
# 5 BillM said, “Paddy, read the post. There is a big difference between budget deficit and national debt.”
Yeah, it’s called accounting shenanigans.
If at the end of the year you made $50k, spent $45K and have $100 million in debt you don’t have a surplus of $.
But, if you want to credit someone for NOT sending, look at the years on the graph and tell me who wrote the spending bills during the “surplus” years of his Admin and who wrote them during the “deficit” years. LOL!
Should we be suprised? If engineers called the shots we wouldn’t be in this mess but the useless lawyers control the gov’t.
Lawyers only know how to suck the life out of an economy.
This is all you need to remember…
“the continuous consolidation of money and power into higher, tighter and righter hands.”
George HW Bush.
# 9 Petrov said, “Lawyers only know how to suck the life out of an economy.”
“If the present Congress errs in too much talking, how can it be otherwise in a body to which the people send one hundred and fifty lawyers, whose trade it is to question everything, yield nothing, and talk by the hour?” – Jefferson
Uncle Dave should rename this: The myth of Neolib intelligence. ROFL!
#12 Paddy, like I said, the numbers don’t lie.
The only thing you ever have left is to deflect attention to something else.
In case your wondering, moving to metric system is not gong to help either. We’ll rip you a new one there too.
#13 Dallass – You can’t address the salient points, can you? Another NeoLib brutally owned.
Another rhetorical fallacy. Both Republicans and Democrats are responsible for spending and/or wasting every dime they can steal or borrow.
This type of wasteful spending was wrong when the Bush congress did it and and it is wrong under the Obama congress.
We waste our time sidetracked by blaming the other party while the real political criminals go about their business spending us into national bankruptcy.
Toss off that yoke of public school indoctrination and place blame on all of the corrupt politicians that are responsible. It’s time to storm Washington with torches & pitchforks and fight back in the only way they understand or deserve.
#15 – Well said.
What are you conservatives complaining about, looks like Obama is a “fiscal conservative” too.
# 17 ArianeB said, “looks like Obama is a “fiscal conservative” too.”
Well, he certainly is continuing Bush’s fiscal policies AND spending even more. If it worked for Bush and economy then, I guess it’ll work as well now. ROFL!
Blah,blah, blah… do you really thing that any President– Obama, McCain or even the sainted Ron Paul– would not spend as much as to try to save the economy?
Just the details would be different. No one wants to be remember as the 21st Century Herbert Hoover.
#14, Cow-Patty,
#13 Dallass – You can’t address the salient points, can you?
Cow-Patty, it seems everyone except you is well aware of what the salient points are. The Republicans who have been campaigning as “fiscal conservatives”, have dug deeper holes with the budget than the “tax and spend” Democrats do.
You lose another one. As much as I hate trash talking, you are a loser.
# 20 Mr. Fusion said, “You lose another one.”
So, you can’t address any of the facts I laid out. Typical. I’ll answer again when you CAN.
#21, your facts are irrelevant. As are you.
You’re NOT smarter than everyone here, and you don’t always have more insight.
You’re a simple troll. That is the salient point.
Does anyone remember Alan Greenspan preaching on the dangers of the US government running a budget surplus? He, and most conservatives, advocated tax cuts to wipe out the surplus. Of course, the liberal Dems wanted to spend the surplus on social programs. Clear thinking on both sides was in short supply.
Only in America would paying down debt be considered unhealthy.
# 22 Olo Baggins of Bywater said, “your facts are irrelevant. As are you. ”
No, my facts are inconvenient. That’s why you can’t refute, you can only name call. Typical Omama zombie.
# 23 QB said, “Does anyone remember Alan Greenspan preaching on the dangers of the US government running a budget surplus?”
Yes! The Fed/banking cabal guys are the root of this problem. They should be shot and the Fed abolished.
Good post!
What produced the surplus during the Clinton admin? Our manufacturers were busy selling their equipment to overseas manufacturers and setting up overseas operations. The Clinton administration’s worst attribute was not sex in the oval office. It was letting lobbyists pay to destroy the U.S. manufacturing sector and thus the tax base of the United States. At one point we were getting 24/7 coverage of Bill’s sex life. Somehow Fox and all the non-news sources missed the important stuff…the destruction of our economy.
Then there was W who took the selling out of the U.S. to another level.
I’m curious, Paddy-O… what would be your plan to fix the economy?
Hyph3n, you just had to ask. 😉
#24–Paddy-Zero==This thread is about the “Myth of Fiscal Conservatism” and even your own chart shows the debt goes up more under Repugs than under Dems==just like the OP highlighted. So–there is some inconsistency between the Clinton Surplus with the Nat Debt increasing each year–probably some lying beauracrat at work not including interest on the National Debt as part of the surplus calculation or whatever==but the point of the thread and your irrelevant side issue ((btw–well done, you did draw a few good folks off the relevant topic)) is CONFIRMED by yourself.
Well Done. Even a troll can’t clean up the Bush/Regan mess.
#26 The root of the problem is capitalism. Capitalism as defined by the making of $ without actual production. This in the form of interest on loans, selling bogus financial instruments, currency traders, etc., etc. (NOT free market production of goods).
The fiat currency is at the heart of this, along with private banks being able “create” money to loan above their real assets.
None of the financial shenanigans could have taken place without these fundamental flaws in the system. We have to revert to the laws in place before the creation of the FED & income taxes. (see prior by me and KD Martin on inflation/tax brackets)
You can’t “fix” the economy when the underlying system is unworkable and broken. That’s why it isn’t a Dem or Repub issue. It’s a basic policy/constitutional issue.