Balanced approach to the debt

Discussion in 'Politics' started by Quantum Windbag, Jul 28, 2012.

  1. Quantum Windbag
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    Quantum Windbag Gold Member

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    Obama likes to talk about his balanced approach to the debt. It involves raising taxes and spending more money, and will magically reduce the debt at some unknown point in the future. My guess is that will either be when hell freezes over, or when the US defaults on all its debts.

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  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Smart kid...
    :eusa_clap:
    Teen Offers Idea to Save Government $400 Million per Year
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  3. Darkwind
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    Darkwind Gold Member

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    If they wrote a budget that came in at 25% under the current income level and used those monies to pay the debt exclusively, it will take 30 years to pay off the debt.

    So I think we should get started right away....
     
  4. FA_Q2
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    FA_Q2 Gold Member

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    [ame=http://www.youtube.com/watch?v=XHE5BIP2-D8]Ryan: Let's pass bill to cover moon with yogurt - YouTube[/ame]
    The sad part is this is exactly how they think. We can 'save' by decreasing the increase in spending. Completely asinine.
     
  5. The Rabbi
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    The Rabbi Diamond Member

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    The problem is every time someone proposes a cut in the increase in a program the Dems scream that women and children will be begging in the streets while dogs eat the bodies of the elderly who have starved to death.
    The Dems are the biggest obstacle to fiscal sanity.
     
  6. NYcarbineer
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    NYcarbineer Diamond Member

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    We should start by reducing our defense spending to a percentage of GDP equal to the average percent of GDP of all the nations we're currently defending for free.
     
  7. Darkwind
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    Darkwind Gold Member

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    Or we can continue to remain free and follow the Constitution by fully funding our defense against any and all nations.

    A much more sound policy.
     
  8. Rozman
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    Rozman Gold Member Supporting Member

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    Isn't it interesting how a Democrat looks at how to solve a problem..
    Let's tax somone more and then spend more. :evil:
     
  9. editec
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    editec Mr. Forgot-it-All

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    To WHOM do we owe these trillions?

    Where did THEY get these TRILLIONS?

    THINK, people, think!
     
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  10. Redfish
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    Redfish Gold Member

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    how about cutting every item in the federal budget by 25%? everything, across the board, no exceptions.

    2nd, if we cut the DOD budget to the level you suggest, we will put hundreds of thousands of people on the unemployment rolls. where do we get the money for that? Is it better to have them working building planes, ships, and tanks or sitting at home waiting for an unemployment check?
     
    Last edited: Mar 30, 2014

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