Spending cuts results in more spending

Discussion in 'Economy' started by LilOlLady, Apr 6, 2011.

  1. LilOlLady
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    LilOlLady Gold Member

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    SPENDING CUTS RESULTS IN MORE SPENDING



    I am a 72 year old senior disabled with MS confined to at power chair that has been deemed unsafe by physical therapist and Medicare will not replace it until Nov. 2012. On social security, Medicare and Medicaid. Seniors have to wait longer to collect social security and hopefully they will die before collecting. I did not get a COLA for the past two year. Energy assistance as has been cut. Section 8 has been closed indefinitely. Spending cuts are cutting home healthcare for the disable that allowed them to stay in their homes. Funding to public schools has been cut and funding for vouchers for private schools has been increased. Public education cut to 4 days. Head Start eliminated. Tuitions have been raise and many classes eliminated. Cuts in unemployment. Cuts in homeless shelters. Anymore cuts for seniors and I will be homeless.



    Most of GOP spending cuts will affect seniors, students, disabled, unemployed, homeless and veterans.



    GOP spending cuts will cut services that will cut jobs that will cut tax revenue and will result in more spending because the unemployed do not buy from businesses and if businesses are not selling they will lay off people resulting in more on unemployment, no taxes and more spending. GOP spending cut will cut jobs and not create jobs. If $60 billion is cut from spending, how many jobs will be lost, how much taxes will be lost and how much will the spending cut cost.

    Spending cut of $60 billion will not put a dent in the budget and pay down the budget and create jobs. That just do not add up.



    The unemployed from spending cuts will collect unemployment, food stamps, free healthcare in country clinics and results is more government spending.



    When you cut gov’t jobs through cutting gov’t spending it creates a domino effect and private sector job are lost because unemployed public employers will not have money to purchase and business will lose revenue and lay off people and those unemployed is in the same position as the laid off public employees.

    Cutting government spending results in more government spending.



    GOP spending cuts will cost more then it saves and will do nothing to balance the budget and pay down the deficit and create jobs and will result in more government spending. It will add to the deficit and send us into a depression and nothing but a tax raise across board will bring us out of it.



    Bush tax cuts, borrowing to finance two wars created the deficit and upset the budget. Obama is bring us out and the GOP extending tax cuts and cut government spending will extend the recession. And Obama will be blamed.



    The deficit is growing not because of spending but because tax cuts.



    Cutting government spending on entitlement programs for the poor alone will not balance the budget and pay down the deficit, taxes across board will eventually be needed. If Bush’s tax cut has been allowed to expire we would be well on our way to economic recover.

    States are cutting spending and finding that is not enough and they are raising taxes across board anyway.



    Analogy;

    If I am laid off my job because of budget cuts, I will not be paying taxes, and I will have to collect

    unemployment which will be cut and I will have to apply for food stamps and go to free county health clinics and get free medications, (paid for by the government)I will not be purchasing anything but food and shelter. And maybe not that because I will move back in with my parents.



    People who approve with GOP spending cut do not fully understand how it will affect them.



    Cutting government spending, federal or state, will result in more government spending. Do the math.
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says it sounds kinda goofy to her...
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    Spending Cuts Not Expected to Dent $1.5 Trillion Deficit
    Apr 12, 2011 – WASHINGTON -- The $38 billion in spending cuts agreed to last week won't prevent this year's budget deficit from setting another record high, estimated at $1.5 trillion.
    See also:

    Sen. McCain: ‘Unless We Enact Draconian Measures,’ America Faces a ‘Fiscal Meltdown’
    Tuesday, April 12, 2011 – Senator John McCain (R-Ariz.) said that “unless we enact draconian measures,” America is headed for a “fiscal meltdown.”
     
    Last edited: Apr 12, 2011
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Obama gettin' out his straight-razor...
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    Obama: I'll cut $4 trillion
    April 13, 2011 -- It was more than the naysayers were expecting, but less than what many deficit hawks had hoped. President Obama on Wednesday articulated his most ambitious plan yet for reining in the nation's debt. He laid down a series of spending and deficit targets for lawmakers to adhere to in the coming decades -- and summoned congressional leaders to take part in a budget summit in early May.
    See also:

    Obama's Increasing Federal Debt at Rate of $1,148 Per Month Per Household—Enough to Buy a Car or Pay Tuition at State College
    Wednesday, April 13, 2011 - Under President Barack Obama, the federal debt has been increasing at a rate of $1,148 per month per American household.
     
    Last edited: Apr 13, 2011

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