Don't Fall for GOP Lie: There Is No Budget Crisis -- There's a Job & Growth Crisis

[Stephanie]

Wait a minute. Republicans have submitted several plans only to be shot down by Harry Reid. Who's preventing these plans to go forward?

Typical Fox News nonsense. Which of their plans contained any new revenue?

Screw you and the Democrats with your NEW REVENUE (TAXES)..

We the people are TAXED ENOUGH. We are not going to give this idiot in chief a BLANK CHECK to spend us into oblivion then try and take it out on the Backs OF us..

 

[asterism]

Excellent OP but lost on the ideologues of the right. Corporate brainwashing has been one of the most successful movements of the last century and it continues today. Buy American made and stop whining.

"This is when the Republican Party set its trap. Meeting in closed sessions at the beginning of the Obama regime, the party of tax cuts for the rich, unfunded wars, and the largest deficit in the history of the country redefined itself. It suddenly became the party of deficit reduction through lean government joined to supreme confidence in unregulated financial and corporate markets. It even opposed the bail out of General Motors and Chrysler, though these actions stopped unemployment from reaching a dangerous tipping point, allowed the two companies time to reconstruct themselves, and enabled them to pay back the loans within two years–-creating one of the most successful bailouts in the history of Euro-American economic life." The Contemporary Condition: The Republican Pincer Machine


http://www.nytimes.com/2011/07/21/opinion/21kristof.html?src=me&ref=general


"Under capitalism the only thing the people own is the national debt." Marx

Buy American? A Ford made in Mexico or a BMW made in South Carolina? Maybe a Honda made in Alabama? Certainly not a Chrysler, they are an Italian company now.

 

[editec]

What "mandates"? This is a GOP talking point with no substance

How about everything involved in ObamaCare, which will make employing people a much more expensive proposition?

FWIW I hate pretty much everything about Obama's HC plan.


That is however not remotely the cause of our weak recovery

How about all the new enviromental rules that make it impossible to open a factory, much less maintain the ones you have.

WHAT new environmental rules?

Please be specific and THEN we can discuss this issue rationally.

Wrongo! Social Security has been SELF FUNDING for decades and decades. Social Security is NOT an expense.

Okay, keep telling yourself that, but the only reason it lasted this long was because Reagan reformed it in the 1980's, by making it a lot more expensive to employ someone.

Yeah that is true. RR greatly increased Social Security taxation both on the employer and employee, too. Thus over the last 30+ years the boomer generation of workers has amassed $2.4 trillion for their retirement

That's WHY social security is a CREDITOR to the FED and NOT an EXPENSE of the government.

When the FED pays social security it is merely paying BACK a debt it owes to the workers who lend it money.

If social security is some kind of welfare (as is so often suggested by this boards right wing know-nothing cranks) , then so too is every DEBT to anybody that the FED vorrowed money fron, ALSO some kind of welfare.

Now it's paying out more than it's taking in, and we have to come up with that shortfall somewhere. Eventually, they'll run through all the money they're pretending to hold in "bonds" that will have to be paid off.

Don't get your panties all in a bunch.

Right now, we're informed, IF NOTHING IS DONE TO SOCIAL SECURITY, it will go broke in 2045.

Here's the problem with social security. The LIE is that it's a retirement program. It isn't. It's a welfare program.

When you buy private insurance and you get your annuity, is THAT welfare?

Nom it is not.

Neither is social security, amigo. It is an insurance plan.

The money you pay in goes right to old people collecting money now, and if you live long enough (let's say to about 72) you will take more out of it than you ever put in.

And isn't that also how a private insurance retirement plan works?

Yes, it is.

Is that welfare?

No it isn't .

It's a retirement and insurance system that is PREPAID by the beneficiaies.

THAT is insurance not welfare, amigo.