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$679.6 billion over 10 years is half the battle? That won't even cover half of the deficit this year. LOL!Well just how does Allen propose that we're going to get 14.3 TRILLION dollars in red ink now with another 64 TRILLION in unfunded liabiities--by simply raising taxes?
Currently 18,000 babyboomers are entering social security/medicare DAILY and this will continue for the next 15 YEARS. Resulting in $534,000 per household owed to the federal government to pay this tab.
View attachment 13985
1 billion dollars $100.00 bills stacked on pallets.
View attachment 13986
1 trillion dollars $100.00 bills stacked on pallets. NOTE: How small the man is in this chart.
Currently the Federal Government is borrowing .43 cents on every dollar it spends--and this moron wants to raise the credit card limit--so they can BORROW and SPEND more money.
Now for you liberals--when you can figure out who you're going to tax the crap out of to get 74 of the trillion dollar chart--let us know--which class you'll be picking on.
Half the battle is won by ending the Bush tax cuts:
In addition, Burman said, extending the top Bush-era tax rates which would deny the Treasury an estimated $679.6 billion over 10 years, deepening the federal debt could help push up interest rates. That might "have a very deleterious effect on investment and hiring decisions of all businesses, including entrepreneurs," Burman said.
Read more: Would ending Bush tax cuts hurt small businesses? | McClatchy
And as for Social Security
Social Security Media Watch Project
The only spending the American Marxists Party wants to cut is the defense budget, the one spending actually authorized under the Constitution.
The only spending the American Marxists Party wants to cut is the defense budget, the one spending actually authorized under the Constitution.
And one that can be altered by Congress, as authorized under the Constitution.
But hey, Let's just keep extending those tax cuts to millionaires and tax breaks to corporations, as they created such a boon in the job market over the last ten years!
I wonder how the left justifies the lack of concern over the deficit? Clearly all that interest on the debt could help millions of people and support many programs, if only we didn't have such a high debt. Every individual has to live within their means or go bankrupt. Nations are no different. It seems hateful to the poor and middle class to burden them with a future filled with huge interest payments and few services. What type of cruel person would wish that on others, particularly those who never received any of the services?
How many net jobs were lost while Bush was in office? ALL AFTER he lowered taxes most on the rich.
The only spending the American Marxists Party wants to cut is the defense budget, the one spending actually authorized under the Constitution.
And one that can be altered by Congress, as authorized under the Constitution.
But hey, Let's just keep extending those tax cuts to millionaires and tax breaks to corporations, as they created such a boon in the job market over the last ten years!
No, Dear, under my version of the Constitution that would require an "Amendment". Can you say "Amendment"?
Marxist scum
I wonder how the left justifies the lack of concern over the deficit? Clearly all that interest on the debt could help millions of people and support many programs, if only we didn't have such a high debt. Every individual has to live within their means or go bankrupt. Nations are no different. It seems hateful to the poor and middle class to burden them with a future filled with huge interest payments and few services. What type of cruel person would wish that on others, particularly those who never received any of the services?
WTF are you going on about? The neocon gods in Congress that YOU support don't give a damn about the deficit...THEY were the ones that DID NOT put two wars on the budget, passed a prescription drug plan without a definitive way to pay for it, and gave tax cuts to the rich and tax breaks to corporations that have to date created NO jobs. THEY are the ones that have stonewalled ANY attempt by the Dems to pass legislation to address the situation, and even when Obama and the Dems AGREED to their proposals, they went filibuster crazy because it would appear to the American public that Obama and the Dems did something positive.
The GOP hierarchy stated in no uncertain terms that their primary objective is to make Obama a one term President in order to return to the Shrub years of GOP power in gov't....and by all indications, that means public be damned.
Do you think this deficit magically appeared when Obama took office, chuckles? It was ACCUMULATED VIA 8 YEARS OF REAGANOMICS ON STEROIDS COURTESY OF THE SHRUB & COMPANY. So it sure as hell isn't going to disappear overnight. Got it now, chuckles.
Hence the push to pass both in the same piece of legislation.
BTw... I missed it.... where were these "new taxes Now". Obama kept the Bush tax cuts in effect... So once again... you're fucking liars.
The new taxes now were during Reagan's first term and in the budget deal of 1990.
Democrats promised $3 in spending cuts for every $1 in tax hikes. Sound familiar?
After the tax increases took place, the lying Dems never followed thru with the spending cuts.
[ame=http://www.youtube.com/watch?v=SHhrZgojY1Q]YouTube - ‪The Who - Won't Get Fooled Again‬‏[/ame]
And one that can be altered by Congress, as authorized under the Constitution.
But hey, Let's just keep extending those tax cuts to millionaires and tax breaks to corporations, as they created such a boon in the job market over the last ten years!
No, Dear, under my version of the Constitution that would require an "Amendment". Can you say "Amendment"?
Marxist scum
Can you READ the Constitution, Frankie? Article 1, Section 8.
Know WTF you're talking about before your fingers hit the keys, Frankie...it'll make you look less of a babbling neocon kiss ass.
I wonder how the left justifies the lack of concern over the deficit? Clearly all that interest on the debt could help millions of people and support many programs, if only we didn't have such a high debt. Every individual has to live within their means or go bankrupt. Nations are no different. It seems hateful to the poor and middle class to burden them with a future filled with huge interest payments and few services. What type of cruel person would wish that on others, particularly those who never received any of the services?
WTF are you going on about? The neocon gods in Congress that YOU support don't give a damn about the deficit...THEY were the ones that DID NOT put two wars on the budget, passed a prescription drug plan without a definitive way to pay for it, and gave tax cuts to the rich and tax breaks to corporations that have to date created NO jobs. THEY are the ones that have stonewalled ANY attempt by the Dems to pass legislation to address the situation, and even when Obama and the Dems AGREED to their proposals, they went filibuster crazy because it would appear to the American public that Obama and the Dems did something positive.
The GOP hierarchy stated in no uncertain terms that their primary objective is to make Obama a one term President in order to return to the Shrub years of GOP power in gov't....and by all indications, that means public be damned.
We are now up to SIX wars, none of them paid for and the cost of the prescription drug program will skyrocket once Obama gets his way to close the "donut hole." Nobody filibustered Obama when he agreed to extend the Bush tax cuts for two more years. One more year of Obama and he will increase the debt almost as much as Bush did in 8 years.
And Bush created an anemic 3 million (net) jobs in 8 years. How many jobs has Obama created so far?
How many net jobs were lost while Bush was in office? ALL AFTER he lowered taxes most on the rich.
The Bush administration created about three million jobs (net) over its eight years
TRY to address your quotes to people who actually ask the question.
And TRY to get your facts right, and use actual links, other than something on Fox News that they made up, and you don't even bother to cite.
Here:
This is how you should post, not just something coming out of your rear end.
"His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s administration and only slightly better than President George H.W. Bush did in his four years in office."
Article title:
"Bush On Jobs: The Worst Track Record On Record"
Google it or follow THIS link.
Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ
"Because the size of the economy and labor force varies, we also calculate in percentage terms how much the total payroll count expanded under each president. The current President Bush, once taking account how long he’s been in office, shows the worst track record for job creation since the government began keeping records."
How do you like THEM apples? Put the figures in context, along with history, and some other facts, makes you sound a lot less informed, otherwise.
Fmr. GOP Sen. Alan Simpson Calls Republican Refusal To Raise Revenue Absolute Bullshit
Former GOP Sen. Alan Simpson blasted his intransigent GOP colleagues on the Hill today for failing to reach a deal on the deficit. The blunt-talking co-chairman of President Obamas bipartisan fiscal reform commission slammed Republicans for kowtowing to Americans for Tax Reform head Grover Norquist (Republicans cant be in thrall to him) and pushed Treasury Secretary Tim Geithner to stand fast on the August 2 deadline.
Surveying the lay of the current fiscal land, Simpson said, Were at 15 percent revenue, and historically its been closer to 20 percent.
He added, Weve never had a war without a tax, and now weve got two. Absolute bullshit.
More
The Dems have to cut and shrink government, the Pubs have to give up the rich.
That is how the people see it, and so far the GOP is held hostage by the corporate fascists, and the GOP will pay a horrible price for it.
Whatever kid...is this really what you believe?
ONLY the Republicans are held hostage by corporations?
Dream on.
WTF are you going on about? The neocon gods in Congress that YOU support don't give a damn about the deficit...THEY were the ones that DID NOT put two wars on the budget, passed a prescription drug plan without a definitive way to pay for it, and gave tax cuts to the rich and tax breaks to corporations that have to date created NO jobs. THEY are the ones that have stonewalled ANY attempt by the Dems to pass legislation to address the situation, and even when Obama and the Dems AGREED to their proposals, they went filibuster crazy because it would appear to the American public that Obama and the Dems did something positive.
The GOP hierarchy stated in no uncertain terms that their primary objective is to make Obama a one term President in order to return to the Shrub years of GOP power in gov't....and by all indications, that means public be damned.
We are now up to SIX wars, none of them paid for and the cost of the prescription drug program will skyrocket once Obama gets his way to close the "donut hole." Nobody filibustered Obama when he agreed to extend the Bush tax cuts for two more years. One more year of Obama and he will increase the debt almost as much as Bush did in 8 years.
And Bush created an anemic 3 million (net) jobs in 8 years. How many jobs has Obama created so far?
Please provide the facts to support your claim that we are up to 6 wars that have not been paid for.
Please provide evidence from the CBC or the GAO that supports your claim that Obama's proposal's would sky rocket the prescription drug program...and please ADMIT that the Shrub & company let the insurance and pharmaceutical companies write that plan without a way to pay for it.
Please REMEMBER that Obama's budget INCLUDES two wars, a prescription drug plan unpaid for, tax cuts and breaks that the Shrub & company DID NOT FULLY INCORPORATE.
Yes, Obama wussed out and extended the tax cuts....cowering to the possible threat of another round of filibusters, of which the GOP has been so fond of the last two years.
Oh, and bragging about the Shrubs 3 million jobs in 8 years is a joke, considering Clinton created 23 million in his two terms and his father did about the same in just 4 years.
Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ
No, Dear, under my version of the Constitution that would require an "Amendment". Can you say "Amendment"?
Marxist scum
Can you READ the Constitution, Frankie? Article 1, Section 8.
Know WTF you're talking about before your fingers hit the keys, Frankie...it'll make you look less of a babbling neocon kiss ass.
"To raise and support an Army..." right. Where do you think you went wrong, Komrade?
Do you think this deficit magically appeared when Obama took office, chuckles? It was ACCUMULATED VIA 8 YEARS OF REAGANOMICS ON STEROIDS COURTESY OF THE SHRUB & COMPANY. So it sure as hell isn't going to disappear overnight. Got it now, chuckles.
When you figure out the difference between the yearly budget deficit and the National Debt we can talk. Until then, you are merely spouting partisan nonsense.
We are now up to SIX wars, none of them paid for and the cost of the prescription drug program will skyrocket once Obama gets his way to close the "donut hole." Nobody filibustered Obama when he agreed to extend the Bush tax cuts for two more years. One more year of Obama and he will increase the debt almost as much as Bush did in 8 years.
And Bush created an anemic 3 million (net) jobs in 8 years. How many jobs has Obama created so far?
Please provide the facts to support your claim that we are up to 6 wars that have not been paid for.
Please provide evidence from the CBC or the GAO that supports your claim that Obama's proposal's would sky rocket the prescription drug program...and please ADMIT that the Shrub & company let the insurance and pharmaceutical companies write that plan without a way to pay for it.
Please REMEMBER that Obama's budget INCLUDES two wars, a prescription drug plan unpaid for, tax cuts and breaks that the Shrub & company DID NOT FULLY INCORPORATE.
Yes, Obama wussed out and extended the tax cuts....cowering to the possible threat of another round of filibusters, of which the GOP has been so fond of the last two years.
Oh, and bragging about the Shrubs 3 million jobs in 8 years is a joke, considering Clinton created 23 million in his two terms and his father did about the same in just 4 years.
Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ
We have a $1.6 Trillion deficit! WHAT THE FUCK HAS BEEN PAID FOR?
Fmr. GOP Sen. Alan Simpson Calls Republican Refusal To Raise Revenue Absolute Bullshit
Former GOP Sen. Alan Simpson blasted his intransigent GOP colleagues on the Hill today for failing to reach a deal on the deficit. The blunt-talking co-chairman of President Obamas bipartisan fiscal reform commission slammed Republicans for kowtowing to Americans for Tax Reform head Grover Norquist (Republicans cant be in thrall to him) and pushed Treasury Secretary Tim Geithner to stand fast on the August 2 deadline.
Surveying the lay of the current fiscal land, Simpson said, Were at 15 percent revenue, and historically its been closer to 20 percent.
He added, Weve never had a war without a tax, and now weve got two. Absolute bullshit.
More
Well just how does Allen propose that we're going to get 14.3 TRILLION dollars in red ink now with another 64 TRILLION in unfunded liabiities--by simply raising taxes?
Currently 18,000 babyboomers are entering social security/medicare DAILY and this will continue for the next 15 YEARS. Resulting in $534,000 per household owed to the federal government to pay this tab.
View attachment 13985
1 billion dollars $100.00 bills stacked on pallets.
View attachment 13986
1 trillion dollars $100.00 bills stacked on pallets. NOTE: How small the man is in this chart.
Currently the Federal Government is borrowing .43 cents on every dollar it spends--and this moron wants to raise the credit card limit--so they can BORROW and SPEND more money.
Now for you liberals--when you can figure out who you're going to tax the crap out of to get 74 of the trillion dollar chart--let us know--which class you'll be picking on.
Do you think this deficit magically appeared when Obama took office, chuckles? It was ACCUMULATED VIA 8 YEARS OF REAGANOMICS ON STEROIDS COURTESY OF THE SHRUB & COMPANY. So it sure as hell isn't going to disappear overnight. Got it now, chuckles.
When you figure out the difference between the yearly budget deficit and the National Debt we can talk. Until then, you are merely spouting partisan nonsense.
