Thread: Economics The Debt Ceiling Approacheth
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Old 01-06-2013, 04:51 PM   #45
"The Dude" "The Dude" is offline
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Quote:
Originally Posted by donkhater View Post
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?
Reasoning with the far left is pointless. I have been scolded several times for saying the government is broke. I have had it stated very clearly to me by these idiots that it is not broke because the government can still raise taxes, print money and get loans the fact there is not enough money to tax along with the fact printing money and taking on more loans spells disaster. Trying to reason with these people is not worth the effort. They are not capable of thinking for themselves, and rely on Barry's ministry of truth for their opinions~
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