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TroyTide said...
I was in high school when Bush was in his last year in office so don't give me that crap about how it suddenly matters to me now.
And at any rate the deficit does matter. The Dems can't make the reality of the deficit go away by saying "we'll what about Bush? Blah blah blah"
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TroyTide said...
About 10 trillion of the 16 Trillion falls to Dem administrations. It was a bipartisan effort but the Dem Presidents bear the burden.
However party lines aside it is Bush and Obama that bear the vast majority of it all by themselves. The two most fiscally irresponsible presidents in American history.
It is also fair to blame the Dems now because they are the only party that doesn't even acknowledge it is a problem and has absolutely no intention of correcting it at all.
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CMXI said...
When you have GOP presidential candidates saying broadly that they'll cut taxes by 20 percent, and offering practically no specific offsets, it makes no sense. Clearly the deficit doesn't matter there, so how can the GOP attack the left on the basis of deficit-reduction?
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BamaLivesFootba said...
No one is saying it isn't, it's just hypocritical horse shit to sit there and say "wow. They can't solve the recovery. What are they doing?" ..." Wow. Why can't they get the deficit down? What the hell?". I'm not saying that's you, but that sums up the general consensus of the right over the last four years.
Current deficits are on a downward trajectory under current law. They are "going away", at least until 2019.
That's where the focus of ALL of Congress should be. Future deficits in relation to entitlements. Period.
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TroyTide said...
We'll be 20 trillion in debt by the time Obama leaves office. And that 2019 crap is BS and we all know it.
This post was edited by BamaLivesFootba on 2/13/2013 at 3:39 PM
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TroyTide said...
The CBO is almost always on the low end of projections. They consistently underestimate the growth rate of government programs, and rate of Congress's spending both of which are impossible to predict.
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TroyTide said...
The CBO is nothing more than a human calculator it can only put out what you put in. Since politicians always put in made up numbers, always on the low end as far as cost of course, you get projections based off those BS numbers. That's all the CBO does.
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CMXI said...
Ah, alright, then I'll ask about the GOP.
In Boehner's counter-offer during the Fiscal Cliff negotiations, this is what he proposed:
"$800 billion in unspecified "pro-growth tax reform that closes special-interest loopholes and deductions while lowering rates."
$600 billion in Medicare savings that would include raising the eligibility age and "structural Medicare reform." That may be a euphemistic reference to Rep. Paul Ryan's voucher ("coupon care") system, but it's not clear from the information available if that's the case.
$300 billion in other "mandatory" savings, including farm subsidies and the Supplemental Nutrition Assistance Program, which provides food subsidies to low- and no-income Americans. No further details on these proposed cuts are available.
$200 billion through lowering the cost of living adjustments for all federal beneficiaries, including Social Security recipients. This is the "chained CPI" we've been hearing about for the past year and a half that would cut benefits over time.
$300 billion in further unspecified cuts to discretionary spending."
Do you see how few specifics there are here? If you can show me anywhere where the GOP clarified these "unspecified" cuts, I'd greatly appreciate it.
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NLeininger said...
And what pray tale are the Democrat's plan? You had your #3 person go out this past Sunday and say spending is not a problem. Do you really think any positive dialog can be had when Pelosi is spouting this crap?
Who gives a shit what Romney's plan was, he's not the president. What we do know, is that Obama is a fucking moron to think that what he laid out last night wouldn't add a dime to the deficit?
How do you feel about the Senate controlled by Harry Reid has failed, by law, to pass a budget in the last 3 years?
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State of the Union thread.....