Joe Scarborough - "Everything Is Getting Bigger"

[Listening]

The libs are wetting their pants and the U.S.S. Obama has it's ass in the air just before it gets ready to slip below the waves.

President Romney....sounds great.

Now, we will have someone who really knows how get a recovery going that does not look like living off a credit card.

Obama is about to give us a double dip recession.

 

[candycorn]

Interesting thread. We could do a lot more if we did a lot less.

 

[Avatar4321]

That will never happen. Once power is obtained, it is never relinquished voluntarily.

That is blatantly untrue. General Washington relinquished power multiple times.

In fact, all our Presidents relinquished power voluntarily after only two terms until Woodrow Wilson. He was the first one to try to run a third time.

 

[Avatar4321]

Now you know my 5 Point Plan. If you bothered to read it.

Do you know Romney's?

Obama's?



.

I dont have a problem with your plan whatsoever.

 

[whitehall]

Is the left going back to attacking Banks and corporations again? Banks are us. They lend us money and help us to survive. There are a thousand regulations they have to abide by to stay in business. Why would we try to "break them up" and what does that mean? The old cliche of the military industrial complex is tired. The military industrial complex is everywhere and a city is lucky if it can get in on some of the contracts. It would be refreshing if the libs thought with their brains once in a while instead of relying on old cliches and knee-jerk emotion.

 

[candycorn]

The libs are wetting their pants and the U.S.S. Obama has it's ass in the air just before it gets ready to slip below the waves.

President Romney....sounds great.

Now, we will have someone who really knows how get a recovery going that does not look like living off a credit card.

Obama is about to give us a double dip recession.

I did the math. If Romney gets the spending cuts he details on his website; he'll cut $319.6 Billion Dollars.

MITT'S PLAN
After three years of President Obama, many now question whether we can ever return to fiscal sanity, let alone fiscal strength. A point of no return may well be approaching — a decade of huge deficits could drive our principal payments and interest rates beyond our reach while starving the economy of the capital it needs to grow.

Fortunately, the American economy’s tremendous capacity for growth gives the country one more chance to correct course. Mitt Romney has spent his career executing turnarounds in the private sector, the Olympics, and state government. He will bring to Washington the turnaround philosophy it so badly needs.

Set Honest Goals: Cap Spending At 20 Percent Of GDP

Any turnaround must begin with clear and realistic goals. Optimistic projections cannot wish a problem away, they can only make it worse. As president, Mitt’s goal will be to bring federal spending below 20 percent of GDP by the end of his first term:

Reduced from 24.3 percent last year; in line with the historical trend between 18 and 20 percent
Close to the tax revenue generated by the economy when healthy
Requires spending cuts of approximately $500 billion per year in 2016 assuming robust economic recovery with 4% annual growth, and reversal of irresponsible Obama-era defense cuts
Take Immediate Action: Return Non-Security Discretionary Spending To Below 2008 Levels

Any turnaround must also stop the bleeding and reverse the most recent and dramatic damage:

Send Congress a bill on Day One that cuts non-security discretionary spending by 5 percent across the board
Pass the House Republican Budget proposal, rolling back President Obama’s government expansion by capping non-security discretionary spending below 2008 levels
Follow A Clear Roadmap: Build A Simpler, Smaller, Smarter Government

Most importantly, any turnaround must have a thoughtful, structured approach to achieving its goals. Mitt will attack the bloated budget from three angles:

The Federal Government Should Stop Doing Things The American People Can’t Afford, For Instance:
Repeal Obamacare — Savings: $95 Billion. President Obama’s costly takeover of the health care system imposes an enormous and unaffordable obligation on the federal government while intervening in a matter that should be left to the states. Mitt will begin his efforts to repeal this legislation on Day One.
Privatize Amtrak — Savings: $1.6 Billion. Despite requirement that Amtrak operate on a for-profit basis, it continues to receive about $1.6 billion in taxpayer funds each year. Forty-one of Amtrak’s 44 routes lost money in 2008 with losses ranging from $5 to $462 per passenger.
Reduce Subsidies For The National Endowments For The Arts And Humanities, The Corporation For Public Broadcasting, And The Legal Services Corporation — Savings: $600 Million. NEA, NEH, and CPB provide grants to supplement other sources of funding. LSC funds services mostly duplicative of those already offered by states, localities, bar associations and private organizations.
Eliminate Title X Family Planning Funding — Savings: $300 Million. Title X subsidizes family planning programs that benefit abortion groups like Planned Parenthood.
Reduce Foreign Aid — Savings: $100 Million. Stop borrowing money from countries that oppose America’s interests in order to give it back to them in the form of foreign aid.
If pursued with focus and discipline, Mitt’s approach provides a roadmap to rescue the federal government from its present precipice. But that respite will be short-lived without a plan for the looming long-term threat posed by the unsustainable nature of existing entitlement obligations. Learn more about Mitt’s proposals for entitlement reform: Medicare and Social Security.

Empower States To Innovate — Savings: >$100 billion
Block grants have huge potential to generate both superior results and cost savings by establishing local control and promoting innovation in areas such as Medicaid and Worker Retraining. Medicaid spending should be capped and increased each year by CPI + 1%. Department of Labor retraining spending should be capped and will increase in future years. These funds should then be given to the states to spend on their own residents. States will be free from Washington micromanagement, allowing them to develop innovative approaches that improve quality and reduce cost.
Improve Efficiency And Effectiveness. Where the federal government should act, it must do a better job. For instance:
Reduce Waste And Fraud — Savings: $60 Billion. The federal government made $125 billion in improper payments last year. Cutting that amount in half through stricter enforcement and harsher penalties yields returns many times over on the investment.
Align Federal Employee Compensation With The Private Sector — Savings: $47 Billion. Federal compensation exceeds private sector levels by as much as 30 to 40 percent when benefits are taken into account. This must be corrected.
Repeal The Davis-Bacon Act — Savings: $11 Billion. Davis-Bacon forces the government to pay above-market wages, insulating labor unions from competition and driving up project costs by approximately 10 percent.
Reduce The Federal Workforce By 10 Percent Via Attrition — Savings: $4 Billion. Despite widespread layoffs in the private sector, President Obama has continued to grow the federal payrolls. The federal workforce can be reduced by 10 percent through a “1-for-2” system of attrition, thereby reducing the number of federal employees while allowing the introduction of new talent into the federal service.
Consolidate agencies and streamline processes to cut costs and improve results in everything from energy permitting to worker retraining to trade negotiation.
Mitt Romney’s Plan for Jobs and Economic Growth

According to Mitt, he will not:

Increase taxes on the rich
Increase taxes on middle income Americans
Increase corporate taxes
Increase small business taxes--in fact he says he will CUT these (see above)

He also says he will balance the budget, pay off the deficit, and increase military spending since apparently spending $0.50 of every dollar (almost) spent on defense on the globe isn't enough to make us safe...maybe spending $0.52 of every dollar will???

Please show me the math where he'll be able to save us to prosperity. Would you, please?

 

[Listening]

Electing Romney brings down UE by 1% right off the bat.

 

[candycorn]

The libs are wetting their pants and the U.S.S. Obama has it's ass in the air just before it gets ready to slip below the waves.

President Romney....sounds great.

Now, we will have someone who really knows how get a recovery going that does not look like living off a credit card.

Obama is about to give us a double dip recession.

I did the math. If Romney gets the spending cuts he details on his website; he'll cut $319.6 Billion Dollars.

MITT'S PLAN
After three years of President Obama, many now question whether we can ever return to fiscal sanity, let alone fiscal strength. A point of no return may well be approaching — a decade of huge deficits could drive our principal payments and interest rates beyond our reach while starving the economy of the capital it needs to grow.

Fortunately, the American economy’s tremendous capacity for growth gives the country one more chance to correct course. Mitt Romney has spent his career executing turnarounds in the private sector, the Olympics, and state government. He will bring to Washington the turnaround philosophy it so badly needs.

Set Honest Goals: Cap Spending At 20 Percent Of GDP

Any turnaround must begin with clear and realistic goals. Optimistic projections cannot wish a problem away, they can only make it worse. As president, Mitt’s goal will be to bring federal spending below 20 percent of GDP by the end of his first term:

Reduced from 24.3 percent last year; in line with the historical trend between 18 and 20 percent
Close to the tax revenue generated by the economy when healthy
Requires spending cuts of approximately $500 billion per year in 2016 assuming robust economic recovery with 4% annual growth, and reversal of irresponsible Obama-era defense cuts
Take Immediate Action: Return Non-Security Discretionary Spending To Below 2008 Levels

Any turnaround must also stop the bleeding and reverse the most recent and dramatic damage:

Send Congress a bill on Day One that cuts non-security discretionary spending by 5 percent across the board
Pass the House Republican Budget proposal, rolling back President Obama’s government expansion by capping non-security discretionary spending below 2008 levels
Follow A Clear Roadmap: Build A Simpler, Smaller, Smarter Government

Most importantly, any turnaround must have a thoughtful, structured approach to achieving its goals. Mitt will attack the bloated budget from three angles:

The Federal Government Should Stop Doing Things The American People Can’t Afford, For Instance:
Repeal Obamacare — Savings: $95 Billion. President Obama’s costly takeover of the health care system imposes an enormous and unaffordable obligation on the federal government while intervening in a matter that should be left to the states. Mitt will begin his efforts to repeal this legislation on Day One.
Privatize Amtrak — Savings: $1.6 Billion. Despite requirement that Amtrak operate on a for-profit basis, it continues to receive about $1.6 billion in taxpayer funds each year. Forty-one of Amtrak’s 44 routes lost money in 2008 with losses ranging from $5 to $462 per passenger.
Reduce Subsidies For The National Endowments For The Arts And Humanities, The Corporation For Public Broadcasting, And The Legal Services Corporation — Savings: $600 Million. NEA, NEH, and CPB provide grants to supplement other sources of funding. LSC funds services mostly duplicative of those already offered by states, localities, bar associations and private organizations.
Eliminate Title X Family Planning Funding — Savings: $300 Million. Title X subsidizes family planning programs that benefit abortion groups like Planned Parenthood.
Reduce Foreign Aid — Savings: $100 Million. Stop borrowing money from countries that oppose America’s interests in order to give it back to them in the form of foreign aid.
If pursued with focus and discipline, Mitt’s approach provides a roadmap to rescue the federal government from its present precipice. But that respite will be short-lived without a plan for the looming long-term threat posed by the unsustainable nature of existing entitlement obligations. Learn more about Mitt’s proposals for entitlement reform: Medicare and Social Security.

Empower States To Innovate — Savings: >$100 billion
Block grants have huge potential to generate both superior results and cost savings by establishing local control and promoting innovation in areas such as Medicaid and Worker Retraining. Medicaid spending should be capped and increased each year by CPI + 1%. Department of Labor retraining spending should be capped and will increase in future years. These funds should then be given to the states to spend on their own residents. States will be free from Washington micromanagement, allowing them to develop innovative approaches that improve quality and reduce cost.
Improve Efficiency And Effectiveness. Where the federal government should act, it must do a better job. For instance:
Reduce Waste And Fraud — Savings: $60 Billion. The federal government made $125 billion in improper payments last year. Cutting that amount in half through stricter enforcement and harsher penalties yields returns many times over on the investment.
Align Federal Employee Compensation With The Private Sector — Savings: $47 Billion. Federal compensation exceeds private sector levels by as much as 30 to 40 percent when benefits are taken into account. This must be corrected.
Repeal The Davis-Bacon Act — Savings: $11 Billion. Davis-Bacon forces the government to pay above-market wages, insulating labor unions from competition and driving up project costs by approximately 10 percent.
Reduce The Federal Workforce By 10 Percent Via Attrition — Savings: $4 Billion. Despite widespread layoffs in the private sector, President Obama has continued to grow the federal payrolls. The federal workforce can be reduced by 10 percent through a “1-for-2” system of attrition, thereby reducing the number of federal employees while allowing the introduction of new talent into the federal service.
Consolidate agencies and streamline processes to cut costs and improve results in everything from energy permitting to worker retraining to trade negotiation.
Mitt Romney’s Plan for Jobs and Economic Growth

According to Mitt, he will not:

Increase taxes on the rich
Increase taxes on middle income Americans
Increase corporate taxes
Increase small business taxes--in fact he says he will CUT these (see above)

He also says he will balance the budget, pay off the deficit, and increase military spending since apparently spending $0.50 of every dollar (almost) spent on defense on the globe isn't enough to make us safe...maybe spending $0.52 of every dollar will???

Please show me the math where he'll be able to save us to prosperity. Would you, please?

Well?

 

[Steelplate]

He was really howling on Morning Joe....and I can't say I disagree with him anymore.

Why are we not talking about breaking up the banks ?

Why are we not talking about breaking up the military-industrial complex ?

Why are we not taking on a bloated Social Security ?

Why are we not taking on Medicare ?

He said everything keeps getting bigger and I agree this is going to screw us.

The Social Security and Medicare thing will take care of itself. Older folk are going to die....yes, it's going to be expensive....but it's something we can deal with long term.....IF we take care of the first three on the list.

Furthermore.....and I will give Romney Credit on this one, because he specifically mentioned it in the last debate....the huge trade deficit we have with the rest of the world, and China in particular with their currency manipulation(keeping their currency artificially low to make their goods cheaper....to the point we can't compete).

That's #4 on the list....we do those things, and SS/Medicare won't be much more than a speedbump.