Good. the military spending is completely out of control and we can't afford it.
The waste is what needs to be addressed not the military being too large. It protects your lame ass so that you can post your stupidity here without having your tongue cut out or your head lopped off.
I wonder which one of these might be a tiny bit over bloated..
Right. Discretionary spending. The number one priority of the government is the defense of the nation. Your point . . . is pointless.
Now let us present an accurate understanding of the matter from an overall perspective:
Ah! There we go. LOL!
Instead of reducing the size of the national debt by half of what it was when he took office as promised, the unpatriotic Obama increased the national debt by nearly six trillion dollars, an increase that is greater than that accrued under all other administrations in American history combined. For the most part the leftists on this thread conclude that the real problem is that tax rates are too low for some and that military spending (only 14% of all federal spending) is too high. And of course the only effect of these measures would be to further undermine an ailing economy and gut a national defense that is in dire need of replenishment.
But wait, there's more! Annual receipts at all levels of government would continue to decline as the revenue base continued to shrink. As an added bonus, entitlement spending, the real culprit, accelerated by ObamaCare, would continue to soar at an unsustainable rate, ever-increasing an unsustainable national debt.
Now, drop down the fine print at the bottom of the page:
Hundreds of millions of dollars in necessary military contracts would disappear. Hence, hundreds of business and military facilities would be down-sized or eliminated altogether as a result of the indiscriminate cuts in defense spending. Hundreds more businesses would be negatively impacted as well, i.e., those that provide goods and services to the interests immediately affected. Tens of thousands of more jobs in both the public and private sectors would be lost. The millions of dollars of surplus wealth and revenue generated by defense spending would be lost.
(You see, defense spending, unlike virtually every other aspect of federal spending actually produces a set of durable goods as it generates an expanding network of private wealth, an overall net gain for both the public and private sectors, despite the portion that is inevitably squandered in graft.)
Tax rates are not too low, they're too high. Even the unnecessary subsidies and loopholes of corporate welfare, for example, are relatively insignificant as far as the dynamics of revenue are concerned. Eliminating them at current rates of regulation and taxation would result in a little to no increase in revenue. The real problem is that the private sector is overburdened by a colossal government of out-of-control regulation and entitlement spending. That is the principle culprit behind out-sourcing and offshore accounts, behind the nation's diminishing manufacturing base and subsequent loss of jobs. The revenue base is shrinking. Over-regulation and -spending are the problem. The overly complex tax-and-revenue system is just another symptom, and besides, lefty elites want to keep it complex for the sake of big business and other favored interests at the expense of small business anyway.
It's mostly conservatives that would like to eliminate unnecessary subsidies and loopholes, reduce the complexity and even out the playing field.
Lefty thinks he can punish the energy industry without punishing consumers and all other interests, particularly those of agriculture and manufacturing. Lefty is an idiot.
Lefty wants more regulation, not less. Lefty wants more spending, not less. Lefty has no intention of reducing, eliminating or reforming entitlement spending and programs.
Solution: vote lefty out.
Obama claims that the economy is improving. Really? The economy is dramatically worse off than it was when he took office. His 4.5 million new jobs are actually a net loss of nearly 10 million. The measured unemployment rate is still higher than it was when he took office, and the actual unemployment rate is twice as high. The economy is dramatically smaller than it was when he took office and continues to shrink. Revenues are in the basement and continue to fall. Approximately 23 million are unemployed or under-employed, a figure that is nearly three times higher than it was when he took office.
We spent billions more on a "stimulus" package, the vast majority of which went to the various state and local governments to pay off debt accrued due to expenditures on goods and services already consumed by these governments. The rest went to public employees, some new hires, but mostly to increases in the pay and benefits of existing workers. Obama wanted more of the same. Shovel-ready jobs? LOL! We conservatives told you this would happen. Many of you thought that was just the stuff of political rhetoric. No. That is the historical experience of Keynesian economics.
Billions of dollars more in new spending and six trillion more in debt with nothing to show for it. Cut through the crap: everything Obama is talking about this time around is more of the same.
Obama did not save General Motors, let alone the American auto industry. The American taxpayer prevented General Motors from having to go through the bankruptcy proceedings of reduced settlements and reorganization, and will never get the bulk of that "investment" back. In the meantime, thousands of other interests did declare bankruptcy or folded.
All of you folks in the middle who went for hopey-change or wanted to prove that you weren't racists in 2008, please snap out of your trance and prove that you're not idiots in 2012.
How the **** do you think conservatives think?
