If that were really true ,than you wouldn't be calling out the republican party as caving..in the title.
"The replies made since then are typical you..off topic and jaded."
I guess you missed post #14 (who was posting "Q's"to you )....when you went all cricket and showed your true basis ..by not giving the poster the same criticism as you throw at me...
"republicans only interested in not paying for the things they don't like while they run it up on the garbage they do like and then just girl about it?"
You are the one calling my post the usual garbage,the usual schtick and calling me foolish and pathetic,,but I'm the one who's making combative comments ..
If that were really true ,than you wouldn't be calling out the republican party as caving..in the title.
"The replies made since then are typical you..off topic and jaded."
I guess you missed post #14 (who was posting "Q's"to you )....when you went all cricket and showed your true basis ..by not giving the poster the same criticism as you throw at me...
"republicans only interested in not paying for the things they don't like while they run it up on the garbage they do like and then just girl about it?"
You are the one calling my post the usual garbage,the usual schtick and calling me foolish and pathetic,,but I'm the one who's making combative comments ..
If that were really true ,than you wouldn't be calling out the republican party as caving..in the title.
"The replies made since then are typical you..off topic and jaded."
I guess you missed post #14 (who was posting "Q's"to you )....when you went all cricket and showed your true basis ..by not giving the poster the same criticism as you throw at me...
"republicans only interested in not paying for the things they don't like while they run it up on the garbage they do like and then just girl about it?"
You are the one calling my post the usual garbage,the usual schtick and calling me foolish and pathetic,,but I'm the one who's making combative comments ..
You are truly a funny fella.
I think post 8 comes before post 14...
You are just incapable of avoiding conflict, and as often you throw a reasonable thread off course.
Last time I will ask, please refrain from attacking and posting jabs in the main forums.
If that were really true ,than you wouldn't be calling out the republican party as caving..in the title.
"The replies made since then are typical you..off topic and jaded."
I guess you missed post #14 (who was posting "Q's"to you )....when you went all cricket and showed your true basis ..by not giving the poster the same criticism as you throw at me...
"republicans only interested in not paying for the things they don't like while they run it up on the garbage they do like and then just girl about it?"
You are the one calling my post the usual garbage,the usual schtick and calling me foolish and pathetic,,but I'm the one who's making combative comments ..
You are truly a funny fella.
I think post 8 comes before post 14...
You are just incapable of avoiding conflict, and as often you throw a reasonable thread off course.
Last time I will ask, please refrain from attacking and posting jabs in the main forums.
This isn't a failure of repubs or dems. It's a failure on all of them and eventually we will either fail as a nation or there will be a revolution.
I don't know about the rest of you but I am ashamed at how this country is managed....both parties are guilty and it's you, I and every other working stiff who will bear the brunt of it...and then our kids and there kids. It's quite sad....the debt ceiling is only part of what makes it sad
This isn't a failure of repubs or dems. It's a failure on all of them and eventually we will either fail as a nation or there will be a revolution.
I don't know about the rest of you but I am ashamed at how this country is managed....both parties are guilty and it's you, I and every other working stiff who will bear the brunt of it...and then our kids and there kids. It's quite sad....the debt ceiling is only part of what makes it sad
I may sell my business and move somewhere warm. Call me when we have leaders in this country who can lead again. That's how I feel right now :) Thanks - I almost feel bettter now
I may sell my business and move somewhere warm. Call me when we have leaders in this country who can lead again. That's how I feel right now :) Thanks - I almost feel bettter now
The blame falls on the American public for this. If a politician were to be honest and say we're probably going to have to raise your taxes and cut some of the services that you use how many votes would they get? Not many I bet. People don't want their taxes raised but they don't want any services that they personally use to be cut. The party out of power rails against "out of control" spending but once in power they aren't about to get rid of it by raising your taxes and cutting your services.
It isn't one parties fault vs. another one as there is plenty of blame to go around but I blame the math challenged American public.
The blame falls on the American public for this. If a politician were to be honest and say we're probably going to have to raise your taxes and cut some of the services that you use how many votes would they get? Not many I bet. People don't want their taxes raised but they don't want any services that they personally use to be cut. The party out of power rails against "out of control" spending but once in power they aren't about to get rid of it by raising your taxes and cutting your services.
It isn't one parties fault vs. another one as there is plenty of blame to go around but I blame the math challenged American public.
This isn't a failure of repubs or dems. It's a failure on all of them and eventually we will either fail as a nation or there will be a revolution.
I don't know about the rest of you but I am ashamed at how this country is managed....both parties are guilty and it's you, I and every other working stiff who will bear the brunt of it...and then our kids and there kids. It's quite sad....the debt ceiling is only part of what makes it sad
Agree..that is the point here for sure. I was actually looking forward to some tough discussions on the debt ceiling and cutting spending, something other than the last 15 plus years of raising spending and raising the debt ceiling.
This isn't a failure of repubs or dems. It's a failure on all of them and eventually we will either fail as a nation or there will be a revolution.
I don't know about the rest of you but I am ashamed at how this country is managed....both parties are guilty and it's you, I and every other working stiff who will bear the brunt of it...and then our kids and there kids. It's quite sad....the debt ceiling is only part of what makes it sad
Agree..that is the point here for sure. I was actually looking forward to some tough discussions on the debt ceiling and cutting spending, something other than the last 15 plus years of raising spending and raising the debt ceiling.
The blame falls on the American public for this. If a politician were to be honest and say we're probably going to have to raise your taxes and cut some of the services that you use how many votes would they get? Not many I bet. People don't want their taxes raised but they don't want any services that they personally use to be cut. The party out of power rails against "out of control" spending but once in power they aren't about to get rid of it by raising your taxes and cutting your services.
It isn't one parties fault vs. another one as there is plenty of blame to go around but I blame the math challenged American public.
Now, Cool I finally agree with you and the poster on the first page, this is an absolute disgrace.....does anyone here know how the establishment GOP acted today.......abdominable....a vote usually 15 minutes extended to an hour to collect ENOUGH votes.............absolutely strengthen's OP's initial premise....makes me ill......thank GOD for the Ted Cruz's ( now do you folks understand where he comes from) who step up for the American PEOPLE.....IF THERE WAS EVER THE CHANCE TO ENACT TERM LIMITS THIS WOULD BE IT
"ABSOLUTELY PITIFUL" in agreement to the OP's original assertion.....If more people were "actually tuned in" this would be a totally different story.....as bad as BOH's Presidential "leadership might appear to be" it is miniscule compared to the GOP's(LEADERS) current state
What's going on right now is the result of some serious "cronyism" on both sides of the aisle Mitch and Bonehead ARE as much to blame in this fiasco What an extremely BAD "time" in US history
The blame falls on the American public for this. If a politician were to be honest and say we're probably going to have to raise your taxes and cut some of the services that you use how many votes would they get? Not many I bet. People don't want their taxes raised but they don't want any services that they personally use to be cut. The party out of power rails against "out of control" spending but once in power they aren't about to get rid of it by raising your taxes and cutting your services.
It isn't one parties fault vs. another one as there is plenty of blame to go around but I blame the math challenged American public.
Now, Cool I finally agree with you and the poster on the first page, this is an absolute disgrace.....does anyone here know how the establishment GOP acted today.......abdominable....a vote usually 15 minutes extended to an hour to collect ENOUGH votes.............absolutely strengthen's OP's initial premise....makes me ill......thank GOD for the Ted Cruz's ( now do you folks understand where he comes from) who step up for the American PEOPLE.....IF THERE WAS EVER THE CHANCE TO ENACT TERM LIMITS THIS WOULD BE IT
"ABSOLUTELY PITIFUL" in agreement to the OP's original assertion.....If more people were "actually tuned in" this would be a totally different story.....as bad as BOH's Presidential "leadership might appear to be" it is miniscule compared to the GOP's(LEADERS) current state
What's going on right now is the result of some serious "cronyism" on both sides of the aisle Mitch and Bonehead ARE as much to blame in this fiasco What an extremely BAD "time" in US history
The blame falls on the American public for this. If a politician were to be honest and say we're probably going to have to raise your taxes and cut some of the services that you use how many votes would they get? Not many I bet. People don't want their taxes raised but they don't want any services that they personally use to be cut. The party out of power rails against "out of control" spending but once in power they aren't about to get rid of it by raising your taxes and cutting your services.
It isn't one parties fault vs. another one as there is plenty of blame to go around but I blame the math challenged American public.
Yup. whether it's personal, household, or business finances, cutting expenses and increasing revenue should always be considered together.
The blame falls on the American public for this. If a politician were to be honest and say we're probably going to have to raise your taxes and cut some of the services that you use how many votes would they get? Not many I bet. People don't want their taxes raised but they don't want any services that they personally use to be cut. The party out of power rails against "out of control" spending but once in power they aren't about to get rid of it by raising your taxes and cutting your services.
It isn't one parties fault vs. another one as there is plenty of blame to go around but I blame the math challenged American public.
Yup. whether it's personal, household, or business finances, cutting expenses and increasing revenue should always be considered together.
I wish more people would pay attention to what Bowles-Simpson has already proposed putting in place to reduce the debt. The drivers of our national debt must be dealt with... (SS, Medicare, etc.) but no one want to take the sacrifices to deal with the entitlements, unfortunately.
I wish more people would pay attention to what Bowles-Simpson has already proposed putting in place to reduce the debt. The drivers of our national debt must be dealt with... (SS, Medicare, etc.) but no one want to take the sacrifices to deal with the entitlements, unfortunately.
I wish more people would pay attention to what Bowles-Simpson has already proposed putting in place to reduce the debt. The drivers of our national debt must be dealt with... (SS, Medicare, etc.) but no one want to take the sacrifices to deal with the entitlements, unfortunately.
Just how much money is paid out on SS & Medicare other than what a person and the employer pays into it?
I wish more people would pay attention to what Bowles-Simpson has already proposed putting in place to reduce the debt. The drivers of our national debt must be dealt with... (SS, Medicare, etc.) but no one want to take the sacrifices to deal with the entitlements, unfortunately.
Just how much money is paid out on SS & Medicare other than what a person and the employer pays into it?
The real problem is solvency or paying bills on time. Not size of debt. Increasing debt postpones insolvency but not forever. Governments need to create surpluses and not deficits before any debt reduction. Higher taxes worked faster and better than spending cuts in Canada and Australia. Social programs were downsized and assets sold but didn't always produce real savings in the long term.
The real problem is solvency or paying bills on time. Not size of debt. Increasing debt postpones insolvency but not forever. Governments need to create surpluses and not deficits before any debt reduction. Higher taxes worked faster and better than spending cuts in Canada and Australia. Social programs were downsized and assets sold but didn't always produce real savings in the long term.
First, people need to TRUST their governments. No solution is possible when fighting stops progress. Higher taxes and spending cuts require cooperation.
First, people need to TRUST their governments. No solution is possible when fighting stops progress. Higher taxes and spending cuts require cooperation.
Canada has a balanced budget and Australia's government debt is about 11% of GDP ..both have conservative governments...
They know that you cannot offset increases in spending today with cuts in spending that kick-in 8 or ten years from now .....
Conservative Party of current Canadian prime minister Stephen Harper lowered the top capital gains tax rate,income taxes were trimmed, and income tax brackets were fully indexed for inflation..
They also dramatic cut corporate taxes the overall average rate in Canada is just 27% today. By contrast, the average U.S. federal-state rate is 40 %..
Canada has a balanced budget and Australia's government debt is about 11% of GDP ..both have conservative governments...
They know that you cannot offset increases in spending today with cuts in spending that kick-in 8 or ten years from now .....
Conservative Party of current Canadian prime minister Stephen Harper lowered the top capital gains tax rate,income taxes were trimmed, and income tax brackets were fully indexed for inflation..
They also dramatic cut corporate taxes the overall average rate in Canada is just 27% today. By contrast, the average U.S. federal-state rate is 40 %..
Some of Canada's tax cuts didn't occur until in recent years. Previously for decades, both conservative and liberal governments made sacrifices to restore Canada's top credit rating from a financial crisis. The key is a population willing to support government policy. Spending cuts helped somewhat but the heroes were mostly tax payers in creating surpluses. If history repeats, America can recover too.
Some of Canada's tax cuts didn't occur until in recent years. Previously for decades, both conservative and liberal governments made sacrifices to restore Canada's top credit rating from a financial crisis. The key is a population willing to support government policy. Spending cuts helped somewhat but the heroes were mostly tax payers in creating surpluses. If history repeats, America can recover too.
That is the problem ...if taxpayers are key to helping to create surpluses ...America needs to do the things that are needed to get the economy rolling again and get the 10's of millions of jobless back to work so they are paying taxes..and not taking long-term unemployment benefits ...
But, we disagree. on one very important issue .. The Canadian Conservative government balanced the budget with cuts through the federal public service.
...of $7.4 billion in savings estimated over six year in Canada... came from cutting public-service compensation.
Another thing we can agree on 'America can recover.' But,, not if the US Congress votes on continually raising the debt ceiling and refusing get spending under control.
But, with Obama is in the White House and Reid and the Democrats in control the Senate... Unfortunately, we know that is not going to change as long as they are in control ..
That is the problem ...if taxpayers are key to helping to create surpluses ...America needs to do the things that are needed to get the economy rolling again and get the 10's of millions of jobless back to work so they are paying taxes..and not taking long-term unemployment benefits ...
But, we disagree. on one very important issue .. The Canadian Conservative government balanced the budget with cuts through the federal public service.
...of $7.4 billion in savings estimated over six year in Canada... came from cutting public-service compensation.
Another thing we can agree on 'America can recover.' But,, not if the US Congress votes on continually raising the debt ceiling and refusing get spending under control.
But, with Obama is in the White House and Reid and the Democrats in control the Senate... Unfortunately, we know that is not going to change as long as they are in control ..
I do agree,that the US should not go as far as to generate surpluses .. we need the right budget balance.
If the government is in surplus, it means that the government is taking in more cash than it's spending, which is the opposite of stimulus....
Many economist for example say that the signature achievement of the Clinton years (the surplus) turns out to have been a deep negative...and that Clinton’s surpluses is what lead to the accumulation of private debts that subsequently triggered the financial crisis....
I do agree,that the US should not go as far as to generate surpluses .. we need the right budget balance.
If the government is in surplus, it means that the government is taking in more cash than it's spending, which is the opposite of stimulus....
Many economist for example say that the signature achievement of the Clinton years (the surplus) turns out to have been a deep negative...and that Clinton’s surpluses is what lead to the accumulation of private debts that subsequently triggered the financial crisis....
Well,the U.S. debt limit issue is officially off the table for this November elections.. . as early tonight in the desert resort area of Rancho Mirage, in southern California, Obama put his signature on the legislation without fanfare, while behind closed doors ...
Now, the debt ceiling is extended to March 2015....
Hmmm,, Rancho Mirage....what a strange coincidence..
Well,the U.S. debt limit issue is officially off the table for this November elections.. . as early tonight in the desert resort area of Rancho Mirage, in southern California, Obama put his signature on the legislation without fanfare, while behind closed doors ...
Now, the debt ceiling is extended to March 2015....
Hmmm,, Rancho Mirage....what a strange coincidence..
The Clinton surpluses came because the stock market (mainly the NAZ) went on a massive tear and taxes on cap gains and risk enterprises was good for tax revenue.
In addition to the .com bubble the expansion of the computer was also a big plus during his term.
I dont see how we could or would want to repeat that bubble..we have offshored so many tech jobs, I dont see how we could generate middle class wealth like that, and thus cap gains taxes.
It was quite a ride though, I was a broker during those years and the little guy could and did make out on the move in internet stocks...
The Clinton surpluses came because the stock market (mainly the NAZ) went on a massive tear and taxes on cap gains and risk enterprises was good for tax revenue.
In addition to the .com bubble the expansion of the computer was also a big plus during his term.
I dont see how we could or would want to repeat that bubble..we have offshored so many tech jobs, I dont see how we could generate middle class wealth like that, and thus cap gains taxes.
It was quite a ride though, I was a broker during those years and the little guy could and did make out on the move in internet stocks...
I find it ironic,,that it was Janet Yellen who served as Chair of President Clinton's Council of Economic Advisers from 1997 to 1999,during the dot-com boom...and did not see the dot-com bubble for what it was at the time..
I find it ironic,,that it was Janet Yellen who served as Chair of President Clinton's Council of Economic Advisers from 1997 to 1999,during the dot-com boom...and did not see the dot-com bubble for what it was at the time..
No surplus means no extra money for debt reduction. Ideally, good governments are supposed to have deficit in weak economy and surplus in strong economy but these may be hard to do. Unfortunately, USA isn't in the latter stage yet. Big debt problems are best solved over DECADES and not just years.
No surplus means no extra money for debt reduction. Ideally, good governments are supposed to have deficit in weak economy and surplus in strong economy but these may be hard to do. Unfortunately, USA isn't in the latter stage yet. Big debt problems are best solved over DECADES and not just years.
No surplus means no extra money for debt reduction. Ideally, good governments are supposed to have deficit in weak economy and surplus in strong economy but these may be hard to do. Unfortunately, USA isn't in the latter stage yet. Big debt problems are best solved over DECADES and not just years.
It would be fine if debt problems were solved over decades, but first you need to put a plan into place. Nothing has been enacted yet, or even seriously considered. Go re-read my comment about Simpson-Bowles if this country wants to fix its fiscal problems. or do some googling about the commission.
No surplus means no extra money for debt reduction. Ideally, good governments are supposed to have deficit in weak economy and surplus in strong economy but these may be hard to do. Unfortunately, USA isn't in the latter stage yet. Big debt problems are best solved over DECADES and not just years.
It would be fine if debt problems were solved over decades, but first you need to put a plan into place. Nothing has been enacted yet, or even seriously considered. Go re-read my comment about Simpson-Bowles if this country wants to fix its fiscal problems. or do some googling about the commission.
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