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My bet is, the liberal anwser to all four question is higher taxes. The obvious will never come to them. That we MUST CUT SPENDING!
You can't erase a $14 trillion debt through spending cuts alone. Congress has never been able to cut spending but they have no problem with cutting taxes (income). The result is an annual deficit
Responsible government means you ballance taxes coming in with spending going out.
"Cut Spending" is not a panacea
The government needs to cut the military's bloated budget, first and foremost however I doubt we'll ever see that happen. Not until the United States disintegrates and the military industrial complex goes out of business.My bet is, the liberal anwser to all four question is higher taxes. The obvious will never come to them. That we MUST CUT SPENDING!
...wherein we learn that General Dwight Eisenhower was a flaming liberal...The military industrial complex.I see that word bandied about by the Libs pretty often.I think this is a phrase they learn early on in those Liberal learning institutions.I'm pretty sure they use that phrase a lot when they write their term papers trying to impress their professors.You know the types the Ward Churchills of academia.The students who want to please their professors,the students who cream their pants every time they look in the students direction.I'm talking about the male students here.
The Industrial Military Complex.....hmmmm.With 911 these same people were throwing around phrases
like It was a black ops set up by Dick Cheney.
Do any of you know what it is you're talking about...again i ask this of those that want to sleep with Ward Churchill....again I was referring to the guys!....
Librals didn't do this.
Conservatives didn't do this.
Government didn't do this.
The politicians did this. All of them.
How many of them have promissed us the moon only to hand us a rock?
someone will say it's our fualt for electing them.
That's somewhat true, and totally true for Re-elections.
Damn we need a do-over. We need someone that's prepared to be hated for doing what must be done and just not what we want done.
Too bad that people of character like that also have to many morals to go into politics.
The constitution is worthless and has been for a while. You can refer to it as much as you wish, however most of your precious constitutional rights are completely shat on by the police, justice system, and the government.That is the ONLY part of the budget liberals want to cut. THE ONLY PART OF THE BUDGET actually instituted by the CONSTITUTION.
The constitution is worthless and has been for a while. You can refer to it as much as you wish, however most of your precious constitutional rights are completely shat on by the police, justice system, and the government.That is the ONLY part of the budget liberals want to cut. THE ONLY PART OF THE BUDGET actually instituted by the CONSTITUTION.
As far as "socialist" programs getting the axe, you'll have your dream come true soon enough. The economy is on the verge of collapse, federally there's a 13 trillion dollar debt, and most states are broke or in debt. It's inevitable for most of those government assistance programs to become severely neutered or even defunct. It'll be an interesting, violent show. That's for damn sure.
This species needs a population cleansing anyways. What are we at? Seven billion?
You're right. The United States military is wholesome and bereft of impurities. They aren't incahoots with PMCs (aka Mercenaries), defense contractors don't make millions (or even billions) off of war, and the United States isn't the largest arms dealer in the world.The military industrial complex.I see that word bandied about by the Libs pretty often.I think this is a phrase they learn early on in those Liberal learning institutions.I'm pretty sure they use that phrase a lot when they write their term papers trying to impress their professors.You know the types the Ward Churchills of academia.The students who want to please their professors,the students who cream their pants every time they look in the students direction.I'm talking about the male students here.
The Industrial Military Complex.....hmmmm.With 911 these same people were throwing around phrases
like It was a black ops set up by Dick Cheney.
Do any of you know what it is you're talking about...again i ask this of those that want to sleep with Ward Churchill....again I was referring to the guys!....
Librals didn't do this.
Conservatives didn't do this.
Government didn't do this.
The politicians did this. All of them.
How many of them have promissed us the moon only to hand us a rock?
someone will say it's our fualt for electing them.
That's somewhat true, and totally true for Re-elections.
Damn we need a do-over. We need someone that's prepared to be hated for doing what must be done and just not what we want done.
Too bad that people of character like that also have to many morals to go into politics.
Chris Christie Governor of NJ...and if he has any success then maybe every now and again
we will find someone with the "nerve" to stand up for what needs to be done.The left are going nuts over this guy.They will try to destroy him before all is said and done.
I hope enough people show some spine and support this guy through whatever the left throws at him.
New Jersey is buried after an epic snowstorm. And Gov. Chris Christie is ... at Disneyworld.
Critics are blasting the Republican governor's decision to remain on his Sunshine State vacation while New Jersey residents grapple with the aftermath of a devastating blizzard.
To make matters worse, Christie's Lieutant Governor Kim Guadagno is vacationing in Mexico, leaving Senate President Stephen Sweeny -- a Democrat -- in charge.
"We clearly made a mistake if we created the office lieutenant governor and wasted money if the lieutenant governor is not going to be here when the governor is out of state," New Jersey Democrat Sen. Raymond Lesniak told New Jersey's Star Ledger. "It's being handled very well by Sen. Sweeney, but you have to really question the purpose of the office."
Guadagno is the state's first lieutenant governor. She was in Mexico when the blizzard hit
Librals didn't do this.
Conservatives didn't do this.
Government didn't do this.
The politicians did this. All of them.
How many of them have promissed us the moon only to hand us a rock?
someone will say it's our fualt for electing them.
That's somewhat true, and totally true for Re-elections.
Damn we need a do-over. We need someone that's prepared to be hated for doing what must be done and just not what we want done.
Too bad that people of character like that also have to many morals to go into politics.
Chris Christie Governor of NJ...and if he has any success then maybe every now and again
we will find someone with the "nerve" to stand up for what needs to be done.The left are going nuts over this guy.They will try to destroy him before all is said and done.
I hope enough people show some spine and support this guy through whatever the left throws at him.
Yeah....right.....Christie........isn't this the dude that is right now down in Florida, with his Lt. Governor on vacation as well, leaving the running of the state during one of the worst snowstorms in the state to the 3rd guy in line.......the State Senate President who also happens to be a Democrat?
New Jersey is buried after an epic snowstorm. And Gov. Chris Christie is ... at Disneyworld.
Critics are blasting the Republican governor's decision to remain on his Sunshine State vacation while New Jersey residents grapple with the aftermath of a devastating blizzard.
To make matters worse, Christie's Lieutant Governor Kim Guadagno is vacationing in Mexico, leaving Senate President Stephen Sweeny -- a Democrat -- in charge.
"We clearly made a mistake if we created the office lieutenant governor and wasted money if the lieutenant governor is not going to be here when the governor is out of state," New Jersey Democrat Sen. Raymond Lesniak told New Jersey's Star Ledger. "It's being handled very well by Sen. Sweeney, but you have to really question the purpose of the office."
Guadagno is the state's first lieutenant governor. She was in Mexico when the blizzard hit
New Jersey governor Chris Christie slammed for Disney vacation as state is buried in snowstorm
The Governor's in Florida, and the Lt. Gov. is in MEXICO!
Oh Gawd... we have another Clinton left Bush a surplus moment coming... wait for it... wait for it....
Debt held by the public was on the decline:
Yes! Thanks to REPUBLICANS forcing Clinton to CUT CAPITAL GAINS and sign Welfare Reform.
If you will look at CBO numbers PRIOR TO REPUBLICANS WINNING IN 1994, the CBO predicted huge deficits until 2000.
What changed? It sure as hell wasn't Clinton.
Try again liberals!
My bet is, the liberal anwser to all four question is higher taxes. The obvious will never come to them. That we MUST CUT SPENDING!
You can't erase a $14 trillion debt through spending cuts alone. Congress has never been able to cut spending but they have no problem with cutting taxes (income). The result is an annual deficit
Responsible government means you ballance taxes coming in with spending going out.
"Cut Spending" is not a panacea
In other words raise taxes, raise taxes, raise taxes.
It never occurs to libs that if you cut taxes AND SPENDING, it goes a long way.
Look at what happend in the 90s just with cutting capital gains?
Debt held by the public was on the decline:
Yes! Thanks to REPUBLICANS forcing Clinton to CUT CAPITAL GAINS and sign Welfare Reform.
If you will look at CBO numbers PRIOR TO REPUBLICANS WINNING IN 1994, the CBO predicted huge deficits until 2000.
What changed? It sure as hell wasn't Clinton.
Try again liberals!
False. Absolutely not true.
Read all here American Thinker: The Four Questions Every Liberal Must Be Asked
But here are the four questions:
The four questions are:
You'll be surprised at the answers. The first impression you'll get is that most won't know the difference between "deficit" and "national debt". You see, liberals are all for spending your money but don't have a clue how much of it is being spent nor how much debt they're getting us into in order to do that spending. You'll also find that the answer to question #1 ranges from a low of several hundred billion to a trillion; no one, it seems, is able to get the answer to within $300-400 billion.
- 1) What is total spending of the federal budget?
- 2) What is the federal deficit?
- 3) What is the national debt?
- 4) What was the most recent interest payment on the national debt?
Here are the answers!It is also true that conservatives who supposedly know the answers are all for spending your money as well, even if they have a clue, so what is the difference?? They both end up spending your money!!! LMAO!!! What a dumb fucking example...........
[FONT=times new roman,times]The Four Answers[/FONT]
[FONT=times new roman,times]The next step is to correct their answers by crossing out what they've written and, beside them, write down the right figures. They are:[/FONT]
[FONT=times new roman,times]1) Total spending for the federal budget for 2010 is projected to be approximately [/FONT][FONT=times new roman,times]$3.6 trillion[/FONT][FONT=times new roman,times]. The budget comprises total expenditures and total receipts by the federal government.[/FONT]
[FONT=times new roman,times]2) The federal deficit for 2010 is projected to be approximately [/FONT][FONT=times new roman,times]$1.2 trillion[/FONT][FONT=times new roman,times]. However, note that in 2009, the deficit was projected to be [/FONT][FONT=times new roman,times]$407 billion[/FONT][FONT=times new roman,times] but ended up being [/FONT][FONT=times new roman,times]$1.4 trillion[/FONT][FONT=times new roman,times]. The deficit is total expenditures less total receipts (such as incomes taxes) received. When receipts exceed expenditures there is a surplus.[/FONT]
[FONT=times new roman,times]3) The National Debt at the end of fiscal year 2010 is projected to be [/FONT][FONT=times new roman,times]$14 trillion[/FONT][FONT=times new roman,times]. This debt is the accumulation of every year's deficit since 1776 less all accumulated surpluses.[/FONT]
[FONT=times new roman,times]4) The annual interest payment on the National Debt for 2010 is projected to be [/FONT][FONT=times new roman,times]$164 billion[/FONT][FONT=times new roman,times].[/FONT]
[FONT=times new roman,times]The Debt In 2015[/FONT]
[FONT=times new roman,times]Underneath the four answers write: "The debt in 2015 is projected to total [/FONT][FONT=times new roman,times]$20 trillion[/FONT][FONT=times new roman,times]."[/FONT]
[FONT=times new roman,times]The Extrapolation[/FONT]
[FONT=times new roman,times]Explain that the interest the government pays (#4) on the debt (#3) is raised by selling financial instruments such as Treasury Bills to investors (such as the People's Republic of China). These financial instruments are currently paying about 1.5% interest which will result in the approximately $164 billion in interest expense to the federal government.[/FONT]
[FONT=times new roman,times]Here's where it gets interesting. Remind your liberal that interest rates fluctuate (Remember when interest rates almost reached 20% back in the early 80s?) [/FONT][FONT=times new roman,times]as this graph demonstrates[/FONT][FONT=times new roman,times]. Note this graph is the historical rates for 3-month U.S. Treasury Bills, one of the very instruments used to service the debt. Also remind your liberal that we are experiencing historically low interest rates which means that interest rates have only one direction in which to go.[/FONT]
[FONT=times new roman,times]Treasuries At 6% Paying Today's Debt[/FONT]
[FONT=times new roman,times]Then ask what he thinks will happen to interest rates if China and other purchasers of American debt stop buying and what we would have to do in order to attract them back: will rates go up or down? Ask your liberal: "if interest rates on treasuries go up to just a modest 6% -- which is more than triple what the current interest rate we are paying now - what will the annual interest payment be on just today's approximately $14 trillion national debt?" Here's the math:[/FONT]
[FONT=times new roman,times]$14,000,000,000,000 X .06 = $840,000,000,000.[/FONT]
[FONT=times new roman,times]That's a $840 billion annual interest payment on the current National Debt.[/FONT]
[FONT=times new roman,times]Treasuries At 10% Paying Today's Debt[/FONT]
[FONT=times new roman,times]But interest rates can easily go up to 10%...after all we've seen much higher rates within our lifetimes. What would the annual interest expense be on the current debt level if we had to pay 10% a year in interest:[/FONT]
[FONT=times new roman,times]$14,000,000,000,000 X .1 = $1,400,000,000,000.[/FONT]
[FONT=times new roman,times]That's $1.4 trillion in annual interest payments on just the current National Debt.[/FONT]
[FONT=times new roman,times]Treasuries At 6% And 10% In 2015[/FONT]
[FONT=times new roman,times]But we're told that at projected deficit levels the debt will reach $20 trillion in just 4 years. At 6% and 10%, the annual interest payments on the debt would be:[/FONT]
[FONT=times new roman,times]@ 6%: $1.2 trillion[/FONT]
[FONT=times new roman,times]@ 10%: $2 trillion[/FONT]
[FONT=times new roman,times]Note that the above two figures just service the debt; they don't reduce the principal of the debt. Note also that $2 trillion represents more than half of all current federal spending.[/FONT]
My bet is, the liberal anwser to all four question is higher taxes. The obvious will never come to them. That we MUST CUT SPENDING!
My bet is, the conservative answer to all four questions is borrow more money from anyone who will loan it, because they don't give a shit.
Yes! Thanks to REPUBLICANS forcing Clinton to CUT CAPITAL GAINS and sign Welfare Reform.
If you will look at CBO numbers PRIOR TO REPUBLICANS WINNING IN 1994, the CBO predicted huge deficits until 2000.
What changed? It sure as hell wasn't Clinton.
Try again liberals!
False. Absolutely not true.
How does one "force" the President to do anything? And the Republicans wanted him out of power..they didn't want him signing anything.
They impeached him..they closed down government. Gosh.
