$900,000,000,000 estimated to be borrowed by the Federal Government ...

[Engineer]

Click me!

I'm required to comment, but the article speaks volumes by itself. This will, IMO, be the first 1 Trillion dollar deficit and possibly 1.5 Trillion as more bailouts and stimulus is tacked on. Whoever gets the first year of the next administration will have a very bad year in terms of fiscal policy.

I guess deficits don't really matter......or so I've heard from several prominant politicans.

 

[bamacre]

Just wait until SS and Medicare entitlements skyrocket.

 

[CADsortaGUY]

Originally posted by: bamacre
Just wait until SS and Medicare entitlements skyrocket.

And other spending promises come to pass....

 

[winnar111]

Sounds like we need more welfare and health care handouts.

 

[First]

Thank god Bush is gone in 2 months.

 

[JS80]

don't worry Obama will save us and pay for our gas and mortgage

 

[Blackjack200]

Originally posted by: winnar111
Sounds like we need more welfare and health care handouts.

Yeah, more tax cuts for the rich and a bigger military too.

 

[alchemize]

Thank fsm obama has promised to balance the budg...oh wait.

Well, at least with a supermajority the dems will be able to...oh wait...

 

[winnar111]

Originally posted by: Blackjack200

Originally posted by: winnar111
Sounds like we need more welfare and health care handouts.

Yeah, more tax cuts for the rich and a bigger military too.

Our military is a lot smaller than it was under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter. And the rich pay more taxes than under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter.

 

[bamacre]

Quit your bickering. Neither Obama nor McCain would do what is necessary.

Besides, its not like McCain has a chance anyway.

 

[Vic]

Originally posted by: alchemize
Thank fsm obama has promised to balance the budg...oh wait.

Well, at least with a supermajority the dems will be able to...oh wait...

For all the small govt and fiscal responsibility talk from the Republicans, they have a lousy track record of actually doing it when elected.

 

[Engineer]

Originally posted by: winnar111

Originally posted by: Blackjack200

Originally posted by: winnar111
Sounds like we need more welfare and health care handouts.

Yeah, more tax cuts for the rich and a bigger military too.

Our military is a lot smaller than it was under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter. And the rich pay more taxes than under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter.

So? The military can be smaller (spending cuts) and the rich can pay more, especially since they make alot more than previous years. If I can get a cut, I'm all for it.

"I'm Engineer and I approve this message"

 

[Engineer]

Originally posted by: alchemize
Thank fsm obama has promised to balance the budg...oh wait.

Well, at least with a supermajority the dems will be able to...oh wait...

I don't think Obama could balance the budget in 8 years but McCain was the one (was still on his website less than one week ago) who stated that he would balance the budget in his first term.

 

[winnar111]

Originally posted by: Engineer

Originally posted by: winnar111

Originally posted by: Blackjack200

Originally posted by: winnar111
Sounds like we need more welfare and health care handouts.

Yeah, more tax cuts for the rich and a bigger military too.

Our military is a lot smaller than it was under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter. And the rich pay more taxes than under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter.

So? The military can be smaller (spending cuts) and the rich can pay more, especially since they make alot more than previous years. If I can get a cut, I'm all for it.

"I'm Engineer and I approve this message"

And you got a cut under George Bush.

 

[jackace]

Originally posted by: winnar111

Originally posted by: Blackjack200

Originally posted by: winnar111
Sounds like we need more welfare and health care handouts.

Yeah, more tax cuts for the rich and a bigger military too.

Our military is a lot smaller than it was under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter. And the rich pay more taxes than under Roosevelt, Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter.

Care to provide any numbers for this?

I'm sure the total number is higher but are percentages higher? From the table I saw tax rates for the top bracket were 60% or higher after the great depression through 1980 then Reagan cut them dramatically in 1981 or 82.

 

[Jhhnn]

A furious finish to the greatest looting spree in the history of the world.

Free Market! Deregulate! Trickle Down! Taxcut! Terrar! Nukes! WMD's! Ownership society! Bailout!

USA!USA!USA!USA!USA!USA!

For repub leadership, the best thing about the faithful, the true believers, is that they're perpetual chumps, suckers for the same shell game over and over again...

 

[JS80]

Originally posted by: Jhhnn
A furious finish to the greatest looting spree in the history of the world.

Free Market! Deregulate! Trickle Down! Taxcut! Terrar! Nukes! WMD's! Ownership society! Bailout!

USA!USA!USA!USA!USA!USA!

For repub leadership, the best thing about the faithful, the true believers, is that they're perpetual chumps, suckers for the same shell game over and over again...

Let's try the opposite

Communism! Regulation! Welfare! Tax increase! There is no terror threat! Green energy! There is no terror threat! Eminent Domain!

US KKK OF A! US KKK OF A! US KKK OF A! US KKK OF A!

Yea, this is fun.

 

[Engineer]

Originally posted by: winnar111

And you got a cut under George Bush.

And I'll take an even better cut under Obama at the expense of the rich and be perfectly happy with it and ask for more. Also, they will get to pay a closer rate on their capital gains to my labor. There is no reason that my labor should be charged a higher rate than someone's capital gains, period. No use repsonding arguing against that as you will not convince me otherwise. Don't waste you keystrokes, especially if you start throwing out shit like the Obama grandmother thread.

 

[alchemize]

Originally posted by: Engineer

Originally posted by: alchemize
Thank fsm obama has promised to balance the budg...oh wait.

Well, at least with a supermajority the dems will be able to...oh wait...

I don't think Obama could balance the budget in 8 years but McCain was the one (was still on his website less than one week ago) who stated that he would balance the budget in his first term.

BS. Any president can balance the budget with the support of his party. Veto until it's balanced. Easy enough.

 

[CADsortaGUY]

Originally posted by: Engineer

Originally posted by: winnar111

And you got a cut under George Bush.

And I'll take an even better cut under Obama at the expense of the rich and be perfectly happy with it and ask for more. Also, they will get to pay a closer rate on their capital gains to my labor. There is no reason that my labor should be charged a higher rate than someone's capital gains, period. No use repsonding arguing against that as you will not convince me otherwise. Don't waste you keystrokes, especially if you start throwing out shit like the Obama grandmother thread.

No you won't. Your tax rate under BHO will be higher than it is right now.

 

[winnar111]

Originally posted by: Engineer

Originally posted by: winnar111

And you got a cut under George Bush.

And I'll take an even better cut under Obama at the expense of the rich and be perfectly happy with it and ask for more. Also, they will get to pay a closer rate on their capital gains to my labor. There is no reason that my labor should be charged a higher rate than someone's capital gains, period. No use repsonding arguing against that as you will not convince me otherwise. Don't waste you keystrokes, especially if you start throwing out shit like the Obama grandmother thread.

Shrug, Clinton campaigned on a 'middle class' tax cut that never happened. Fool me once......well you know the expression.

 

[Jhhnn]

Originally posted by: JS80

Originally posted by: Jhhnn
A furious finish to the greatest looting spree in the history of the world.

Free Market! Deregulate! Trickle Down! Taxcut! Terrar! Nukes! WMD's! Ownership society! Bailout!

USA!USA!USA!USA!USA!USA!

For repub leadership, the best thing about the faithful, the true believers, is that they're perpetual chumps, suckers for the same shell game over and over again...

Let's try the opposite

Communism! Regulation! Welfare! Tax increase! There is no terror threat! Green energy! There is no terror threat! Eminent Domain!

US KKK OF A! US KKK OF A! US KKK OF A! US KKK OF A!

Yea, this is fun.

You lose- I quoted the talking points, you just made some up... Well, I guess that's what repubs did in the first place.

Chumps to the bitter end.

 

[chess9]

The number is mind numbing....

I'm reminded of a lawyer friend of mine who, facing bankruptcy, went out and maxed all his credit cards buying shirts and shoes, and other stuff that depreciated quickly so he could list them as almost valueless on his bankruptcy petition. Our government is a bit like that. But, ultimately, someone somewhere pays for the excessive spending. Chickens DO come home to roost. Americans of every stripe need a sound lesson in balancing budgets.

Deficits do matter. Those who say otherwise are idiots.

-Robert

 

[JS80]

Originally posted by: Jhhnn

Originally posted by: JS80

Originally posted by: Jhhnn
A furious finish to the greatest looting spree in the history of the world.

Free Market! Deregulate! Trickle Down! Taxcut! Terrar! Nukes! WMD's! Ownership society! Bailout!

USA!USA!USA!USA!USA!USA!

For repub leadership, the best thing about the faithful, the true believers, is that they're perpetual chumps, suckers for the same shell game over and over again...

Let's try the opposite

Communism! Regulation! Welfare! Tax increase! There is no terror threat! Green energy! There is no terror threat! Eminent Domain!

US KKK OF A! US KKK OF A! US KKK OF A! US KKK OF A!

Yea, this is fun.

You lose- I quoted the talking points, you just made some up... Well, I guess that's what repubs did in the first place.

Chumps to the bitter end.

I quoted the opposite of the "talking points" because you probably believe in opposite of them. And look where it gets you. A communist on welfare in denial about terrorism.

 

[heyheybooboo]

Republican fiscal conservatism is a lie.