Thread: Economics The Debt Ceiling Approacheth
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Old 01-06-2013, 04:31 PM   #41
donkhater donkhater is offline
Brilliant!!
 
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Quote:
Originally Posted by cosmo20002 View Post
You're saying we should just stop paying our bills. Idiotic.
And spending the obscene amounts over revenues isn't idiotic? Don't you realize this last 'balanced solution' fixed about 6% of the budget deficit? If Obama and the Dems got DOUBLE of what they wanted, it may have gotten us 25% of the way there?

It's idiotic that our leaders responsible for the fiscal well being need this type of drastic maneuver to get anything remotely resembling a cut instead of just decreases in the baseline budget increases.

I'm not sure why you think trillion dollar deficits are OK. Reagan's relatively paltry deficits were criminal, but today's deficits are necessary? What do you think it's going to take before roughly 30% of federal expenditures are dealt with?
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