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Originally posted by EarthCitizen07
Originally posted by ownbestenemy
Originally posted by EarthCitizen07
We are $16 trillion in the hole! Do you honestly think we can afford to cut taxes even more, regardless if we shrink the military industrial complex and welfare spending?
We are $16 trillion in the hole! Do you honestly think we can afford to continue to spend the way we do? See, the question is the same, but the answer from the politicians (typically Democrats if we use labels) is that we have a "revenue" problem and not a "spending" problem. It is hogwash both ways to kingdom come.
It is BOTH a spending and revenue problem!
If you think we should continue paying it back then revenue needs to be increased and expenditures greatly decreased, otherwise we should just nationalise the federal reserve and cancel out all debt via that institution.
In fact, with projected cuts added in, the national security budget in fiscal 2013 will be nearly $1 trillion — a staggering enough sum that it’s worth taking a walk through the maze of the national security budget to see just where that money’s lodged.
If you’ve heard a number for how much the U.S. spends on the military, it’s probably in the neighborhood of $530 billion. That’s the Pentagon’s base budget for fiscal 2013, and represents a 2.5% cut from 2012. But that $530 billion is merely the beginning of what the U.S. spends on national security. Let’s dig a little deeper.
Originally posted by Kali74
Actual defense spending is probably closer to 1 trillion dollars.
Originally posted by chrisbobson
reply to post by TrueAmerican
As I recall from grade school, didn't Roosevelt go beyond 2 terms because of the war? They made some kind of exception I believe.
there isn't much of a contrast in spending as the poster who I replied to implies.
Originally posted by Kali74
reply to post by ownbestenemy
there isn't much of a contrast in spending as the poster who I replied to implies.
True indeed but if, to use Obama's phraseology, the cutting tools are an ax and a scalpel, I think it would be in the best interest of the nation to use the ax on defense and the scalpel on entitlement. I've been wanting to do a thread on this very issue so I'm not going to clarify much here.
and, what's even worse is that none of those administrations (prior 22nd Amendment) had NAFTA, the Patriot Act, NDAA or Obamacare already in operation.
Sadly, none of the above is remotely valid
Originally posted by saturnsrings
Could someone help me out here. Republicans had full control for 6 years under George W Bush.
Exactly how much spending did they cut? Had it ever happened in our history, that we had fought a war (let alone 2) and had tax cuts at the same time?
I sure don't recall during those 6 years, the republicans clamoring to cut spending when they could have. The complaining about the deficit and debt only came to light shortly after the 2008 election, and if my memory serves me, it started before Obama even took office.
The two Santa Clause theory isn't theory.
I'm all for a hefty war tax, then we'll see how many of the warmongers/fear-mongers want us to keep sticking our noses in other countries business.
Originally posted by chrisbobson
reply to post by TrueAmerican
As I recall from grade school, didn't Roosevelt go beyond 2 terms because of the war? They made some kind of exception I believe.
except that Serrano isn't a freshman and this isn't his first attempt.
Originally posted by exitusstatuquo
In my experience some freshman congress person does this type of thing from time to time in order to score some points with the administration and with their party. It is always soundly rejected and will this time as well I think.
Originally posted by ownbestenemy
In 2010, spending on defense was $649 billion. Do you want to take a stab at social security? Or medicare and medicaid? How about social welfare programs such as unemployment benefits and disability?
Social Security: $707B
Medicare: $724B
Unemployment and other benefits: $535B
Except I just showed you above that this is false. So want to own up to your false information you are spreading?!
hypocrisy!edit on 8-1-2013 by ownbestenemy because: (no reason given)
Most countries have no problem balancing their budgets and all you have to do is look at western europe and canada.
and that was then ... so, how are they doing these days ??
But many Canadians feel the cost of balancing the budget has been too high. Unemployment continues at 8.9 percent, about twice the United States average. School spending has declined, hospitals have been closed and nursing staffs have been reduced because of budget cuts.
ya gotta love the double-speak
www.reuters.com...
OTTAWA/NEW YORK, Nov 16 (Reuters) - The Canadian government on Friday reiterated its intention to balance its budget by 2015, three days after projecting there would be deficits until 2016-17
www.canadafreepress.com...
“Mr. Flaherty has kicked the can down the road for the second year in a row,” said CTF Federal Director Gregory Thomas. “He’s becoming an expert at ‘kick the can.’
They really ARE trying to have Obama be our permanent Dictator!