Cut spending then lower the debt ceiling!!!

Discussion in 'Politics' started by immto, Jul 8, 2011.

  1. immto
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    immto Return to Freedom

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    Why are we arguing over whether or not we should raise the debt ceiling? Cut spending then LOWER THE DEBT CEILING!!! I propose a new plan, "Cut and Lower".


    Vote in the poll.
     
  2. Truthmatters
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    Truthmatters BANNED

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    The crash of our economy doesnt bother you?
     
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Plenty of pain to go around...
    :eusa_eh:
    Debt ceiling: Perils of a 'grand bargain'
    July 8, 2011: "There's going to be pain involved politically on all sides" with any debt deal, President Obama said after meeting Thursday with congressional leaders
    See also:

    Obama: Uncertainty over debt limit impacts hiring
    Fri Jul 8,`11 WASHINGTON – President Barack Obama says the uncertainty over whether lawmakers will raise the nation's debt limit is keeping businesses from hiring.
     
  4. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    It's already in the toilet.

    An economic crash is inevitable unless we stop lying to ourselves. If we continue to live beyond our means, if we continue to lie and cheat, if we continue to make every excuse in the book to avoid work and support people who refuse to work, if we continue to blame everyone else except ourselves, then this economy will not recover and will crash further.

    The pride of this nation is destroying it. If we want to prosper again we need to be humble. That humility is going to come one of two ways. We either choose to be humble or the economy crashes and we are forced to be humble.

    Personally, Id like to choose to be humble.
     
  5. kyzr
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    kyzr Gold Member

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    When interest rates rise the shit hits the fan...

    Balance the budget now
    Budget Puzzle: You Fix the Budget - Interactive Feature - NYTimes.com
    its not that tough. Toss in the Bush tax cuts, end two wars, cut defense, extend SS & put "Maximum Lifetime Benefit" on Medicare (like for private insurance) problem solved.
     
  6. immto
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    immto Return to Freedom

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    It needs to happen at some point. Besides it's crashing already because they can't spend enought to keep it artificially inflated.
     
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  7. Matthew
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    Matthew Blue dog all the way!

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    We must cut spending back to what the constitution says is within the federal governments power, period. Then it will balance all by its self...We would be able to lower taxes too!
     
    Last edited: Sep 5, 2011
  8. Mr_Rockhead
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    Mr_Rockhead Slouching toward Medicare

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    Considering the shit hole we will be starting from this time, I can’t agree more that the shit will really hit the fan when interest rates finally do go up. Big time.

    Also, It took me around ten minutes of finagling with the different options to solve the Budget Puzzle using only the options I can live with. In my case, it came out to 25% taxes and 75% spending cuts.

    However, I don’t see where the puzzle takes into account that our government will not just spend any increase in revenue on new (even bigger) stuff rather than use it to pay for the things we are already committed to buy. So, needless to say, I really don’t want to give them one more red fucking cent.:eusa_hand:
     
  9. Mr. Shaman
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    Mr. Shaman Senior Member

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    ....And, direct all U.S. Citizens to start shittin' Gold-bullion!!!

    Sounds like a (Teabagger) PLAN!!!

    [​IMG]
     
  10. editec
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    editec Mr. Forgot-it-All

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    Bad idea.

    Increase spending and increase the debt ceiling.
     

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