The deficit Quote

Discussion in 'Politics' started by shintao, Nov 19, 2010.

  1. shintao
    Offline

    shintao Take Down ~ Tap Out

    Joined:
    Aug 27, 2010
    Messages:
    7,231
    Thanks Received:
    320
    Trophy Points:
    83
    Ratings:
    +339
    Interesting quote.

    "A well-funded conservative movement that has convinced a significant portion of the population that they can live in a modern, highly developed country with decent infrastructure and a modest safety net, get an endless series of tax breaks and not take on a mountain of debt as a result. That mathematical impossibility represents a different problem; namely, a public that’s poorly informed about taxes and spending.":clap2:



    Why the Deficit Is Simply Not an Economic Problem Now, or in Future Decades | Economy | AlterNet
     
  2. LordBrownTrout
    Offline

    LordBrownTrout Gold Member

    Joined:
    Nov 25, 2007
    Messages:
    15,525
    Thanks Received:
    2,964
    Trophy Points:
    280
    Location:
    South Texas
    Ratings:
    +6,397
    But why should we care about the fed, govt. Let's just strangle them to death and refuse to pay for their irresponsibility. They don't need more of our money. Personally, Id love to watch em die a slow death.
     
  3. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    70,576
    Thanks Received:
    8,171
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +12,220
    Actually, no. We've convinced people that if we want to remain living in modern, highly developed nation we need to cut both taxes and spending so we don't spend ourselves into the dark ages and strangle the engine of ingenuity.
     
  4. code1211
    Offline

    code1211 Senior Member

    Joined:
    Apr 8, 2009
    Messages:
    5,999
    Thanks Received:
    845
    Trophy Points:
    48
    Ratings:
    +845

    2 Trillion,537 Billion, 900 Million Dollars.

    $2,537,900,000,000.

    That was what was spent in 2008 by the Feds.

    3 Trillion, 550 Billion Dollars.

    $3,550,000,000,000.

    This will have been spent by the Feds this year.

    The problenm is not with too little revenue. It's with too much spending.

    This is a 28+% increase over the two year period. I don't see the great benefits of the extra spending. Could be I'm just missing something. I do see that all of our elected theives have increased their net worth by pretty good amount. Neat trick with everyone else waiting for the trickle down benefit of stealing our tax dollars for the stimulus.

    Is there any other group of people anywhere who could have spent that much money and not stimulated the economy? These guys are savants in their own way.

    2010 United States federal budget - Wikipedia, the free encyclopedia
    Federal Government Receipts and Expenditures, 1978–2008 — Infoplease.com
     
  5. The Infidel
    Offline

    The Infidel EVIL CONSERVATIVE

    Joined:
    May 19, 2010
    Messages:
    17,252
    Thanks Received:
    3,170
    Trophy Points:
    48
    Location:
    AMERITOPIA
    Ratings:
    +3,173
    Its kind of like the border... if you dont get it under control, all the immigration reform in the world wont help if you dont halt the flow of illegals still waltzing in uncontrollably.

    We cant continue to spend ourselves to oblivion and think that the American people can keep eating the costs.

    If you continue to tax the populus to death (i.e. the wage earners and yes corporate bosses) what incentive is there to enrich yourself, and others too, if the gov't is just going to continue to take more....?

    Think of yourself as a goose that lays golden eggs.... now envision the gov't with an axe wanting to eat you :eek: It is UNSUSTAINABLE!

     
  6. B. Kidd
    Offline

    B. Kidd Gold Member

    Joined:
    Jun 15, 2010
    Messages:
    12,258
    Thanks Received:
    1,916
    Trophy Points:
    280
    Location:
    Western Lands
    Ratings:
    +6,938
    Big banks and Wall St. financials made out very well.
     
  7. LordBrownTrout
    Offline

    LordBrownTrout Gold Member

    Joined:
    Nov 25, 2007
    Messages:
    15,525
    Thanks Received:
    2,964
    Trophy Points:
    280
    Location:
    South Texas
    Ratings:
    +6,397
    I hadn't thought about it like that but yeah, they stole our money, promised lower unemployment and various other trinkets out of the treasury but all we got was higher unemployment and stuck with a bill. We were whored out again. Some like it though. Its kinda masochistic.....whip that ass, whip that ass, whip that ass....give me more, give me more, give me more. It's profound to say the least.
     
    Last edited: Nov 19, 2010
  8. shintao
    Offline

    shintao Take Down ~ Tap Out

    Joined:
    Aug 27, 2010
    Messages:
    7,231
    Thanks Received:
    320
    Trophy Points:
    83
    Ratings:
    +339
    Therein lies the problem, you can't have the cake and eat it too.
     
  9. shintao
    Offline

    shintao Take Down ~ Tap Out

    Joined:
    Aug 27, 2010
    Messages:
    7,231
    Thanks Received:
    320
    Trophy Points:
    83
    Ratings:
    +339
    I as well. Tell your state to refuse federal funding, and stop paying in.
     
  10. LordBrownTrout
    Offline

    LordBrownTrout Gold Member

    Joined:
    Nov 25, 2007
    Messages:
    15,525
    Thanks Received:
    2,964
    Trophy Points:
    280
    Location:
    South Texas
    Ratings:
    +6,397

    I'd love to stop paying into the massive ponzi schemes that government has in store for all of us but I don't really care about getting mounted by bubbha in the pen.
     

Share This Page