GOP/Tea Party just added $900 Billion to deficit! Here is how

Discussion in 'Politics' started by bucs90, Dec 13, 2010.

  1. bucs90
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    bucs90 Gold Member

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    I dont think many people on the right, which I'm a part of, realize what we've just done by forcing Obama to see it "our" way and extend these tax cuts.

    MSNBC's hosts have said it best. We've just added another $900 Billion to the deficit. "We", the taxpayer, just added 900B to it.

    At first, I didn't quite understand how "We" added 900 billion to the deficit, when "we" didn't spend it, we simply made Obama say the gov't wouldn't take 900 billion from us. It's the gov't that may, or may not, add that 900 billion to the deficit depending on how they act in the future.

    But, then MSNBC and the left's logic struck me, and enlightened me.


    Lets say I am a private, citizen worker. And I earn $100,000 a year.

    However, I am $500,000 in debt.

    While I earn $100,000 a year, and am in debt $500,000, I also spend $200,000 a year by running up credit cards and borrowing money from my family and neighbors.

    I am basically -$100,000 a year running.

    I was set to get a $50,000 raise from my boss before the economy tanked.

    Now, I'm not getting that raise, he said I'll have to make do with what I'm already getting.

    So, I stormed home and vented to my wife. I said to her "My damn boss just added another $50-100,000 a year to my debt!!!! He's so selfish!!!"

    And it made sense to me then. I'm not the one causing my future debt. My boss is, by not paying me enough to balance the budget I'm personally using.

    So, hence, the left can saw "we" the taxpayers are causing a $900 billion addition to the debt, because, the gov't is going to spend itself crazy regardless of how much we send it in money, so if we stop sending that money to them, as they run up debt, then we caused the debt by not sending the gov't enough to cover the debt it is creating.

    Get it now?
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Cut the fat...
    :cool:
    Discretionary Spending Cuts Could Net $1.8 Trillion in Deficit Savings, CBO Says
    Monday, March 14, 2011 – Cuts of 15 percent over 10 years to the Defense and non-Defense discretionary budgets could yield nearly $1.8 trillion in savings, according to a report from the Congressional Budget Office (CBO).
     
  3. Polk
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    Polk Classic

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    So even with those cuts, you'll have managed to trim about 10% of the deficit.
     
  4. Polk
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    Polk Classic

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    Those saying we 'cut the fat' to balance the budget are either ignorant or lying. The reality is cuts on the scale needed to balance the budget would result in deep cuts in service. I'm sure some of you feel that's a positive thing, but if so, argue why that is, instead of pretending their isn't a real cost to real people.
     

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