Do you think Obama will balance the budget for any fiscal year?

[Anarchist420]

I was thinking it's a possibility, because of QE3, because taxes may go up on everyone, because the labor unions may get stronger, because the regulations and patents may increase, because of the protectionism (the value added tariffs are taxed as income and merchants make more income from selling imports at above market prices), and because he is focused on private sector jobs.

After he leaves office, only a few people will have any net savings and that will suck.

So we have four more years of this shit and then it will all be over probably with a diamond surrounding America.

 

[Ausm]

 

[Londo_Jowo]

LMAO! Meme gramatical fail. And to think Democrats/liberals are supposed to have higher intelligence.

 

[Engineer]

No.

 

[Incorruptible]

LMAO! Meme gramatical fail. And to think Democrats/liberals are supposed to have higher intelligence.

What else do you expect from these idiot liberals, they are the most ignorant people in America

And to OP, obama will not balance the budget since the pos doesn't care about the budget and wants to increase spending. As well you said that regulations may increase and I believe they will which will only hurt small businesses and job growth

 

[glenn1]

No.

Not only no, but I be he doesn't even sniff getting it below $1T. Even if the economy improved and tax receipts went up, he'd simply increase "investments" in whatever new Solyndra style boondoggle caught his fancy or more high-speed rail between BFE California towns.

 

[theevilsharpie]

So we have four more years of this shit and then it will all be over probably with a diamond surrounding America.

What?

 

[Ausm]

LMAO! Meme gramatical fail. And to think Democrats/liberals are supposed to have higher intelligence.

But it got a rise out you and your fellow Rightists so then like GWB said "Mission Accomplished"!

 

[Ausm]

What?

Fetal cranium impact syndrome.....

 

[Ronstang]

HAHAHAHAHAHAHA...so you think QE anything is a tool to balance the budget? You must be as stupid as Obama expects you to be. Printing money to satiate your budget desires is not balancing the budget but it is exactly what Obama is doing and is going to do in the future. He would be better off improving the economy but unfortunately for all of us his ideology is diametrically opposed to what is needed to improve the economy.

 

[Incorruptible]

Not only no, but I be he doesn't even sniff getting it below $1T. Even if the economy improved and tax receipts went up, he'd simply increase "investments" in whatever new Solyndra style boondoggle caught his fancy or more high-speed rail between BFE California towns.

Agree but what what else do you expect from that pos obama

 

[Londo_Jowo]

But it got a rise out you and your fellow Rightists so then like GWB said "Mission Accomplished"!

No rise here just pointing out how the so called/self proclaimed intelligent people aren't as intelligent as they think.

 

[Anarchist420]

HAHAHAHAHAHAHA...so you think QE anything is a tool to balance the budget? You must be as stupid as Obama expects you to be. Printing money to satiate your budget desires is not balancing the budget but it is exactly what Obama is doing and is going to do in the future. He would be better off improving the economy but unfortunately for all of us his ideology is diametrically opposed to what is needed to improve the economy.

Um, just because QE sucks doesn't mean that it couldn't be used to create bubbles... bubbles can reduce the deficit. At the same time, bubbles can be used to spend more at lower interest rates. That said, balanced budgets aren't a net gain if spending is still high.

Remember that the Democrats have consistently increased spending at a much lower than the Republicans have. The Republicans love high revenues even more than the Democrats do and they approved every dollar Obama has spent.

I don't like Obama, but he's not as awful of a person as George Bush and I am.

What?

By "diamond surrounding america" I meant that I worry that a cage locking the American people in will be erected around the entire perimeter of the U.S.

 

[IGBT]

it's not in his DNA. He's the pied piper of reckless fools. He and his followers will party down with massive tax / spend / tax policies. His cold sweat insistence to raise taxes is because he's already spent the money. Now he needs you to cover his bets so he can continue his reckless financial policies. Your kids are soo screwed.

 

[theevilsharpie]

it's not in his DNA. He's the pied piper of reckless fools. He and his followers will party down with massive tax / spend / tax policies. His cold sweat insistence to raise taxes is because he's already spent the money. Now he needs you to cover his bets so he can continue his reckless financial policies. Your kids are soo screwed.

It amazes me how completely detached anti-Obama conservatives can be from reality.

 

[Jhhnn]

Righties seem to think that Obama is a dictator, capable of doing anything he wants wrt the economy.

You know, as if Congress is just a rubber stamp, kinda like during the Bush years when Repubs controlled all three branches of Govt.

Repubs want a balanced budget less than Dems- witness the cumulative growth of debt under the Reagan/GHWB regime & under GWB.

Deficits don't matter when they're in power, but they're the devil incarnate when they're not, when deficits are used to counter the consequences of their own "trickledown" policy. When deficits arise as a consequence of wars of adventure & fat cat tax cuts, they're fine. When they arise from economic collapse brought on by their governance, when they're used to support people at the bottom of the economic food chain, they're bad, very bad.

They create the need for the Welfare State, then act as if they haven't, as if the changes in employment & income distribution they've created have nothing to do with it...

Obviously, it's all Obama's fault. Everything. Asking the Rich to pay slightly higher taxes is like... the Holocaust! the Invasion of Poland! It's not powerful Rich people beating down the middle class over 30 years of class warfare, but rather the powerless poor people dragging us down!

Shortly, I suspect, they'll be comparing it to the Rwanda massacres... Rich people are sooo oppressed...

 

[Incorruptible]

Righties seem to think that Obama is a dictator, capable of doing anything he wants wrt the economy.

You know, as if Congress is just a rubber stamp, kinda like during the Bush years when Repubs controlled all three branches of Govt.

Repubs want a balanced budget less than Dems- witness the cumulative growth of debt under the Reagan/GHWB regime & under GWB.

Deficits don't matter when they're in power, but they're the devil incarnate when they're not, when deficits are used to counter the consequences of their own "trickledown" policy. When deficits arise as a consequence of wars of adventure & fat cat tax cuts, they're fine. When they arise from economic collapse brought on by their governance, when they're used to support people at the bottom of the economic food chain, they're bad, very bad.

They create the need for the Welfare State, then act as if they haven't, as if the changes in employment & income distribution they've created have nothing to do with it...

Obviously, it's all Obama's fault. Everything. Asking the Rich to pay slightly higher taxes is like... the Holocaust! the Invasion of Poland! It's not powerful Rich people beating down the middle class over 30 years of class warfare, but rather the powerless poor people dragging us down!

Shortly, I suspect, they'll be comparing it to the Rwanda massacres... Rich people are sooo oppressed...

obama has violated freedom several times so yes he is a dictator, did you hear his comments towards the Russian president/pm where he told him to wait until after the election?

Where were you condemning the assassination of al-awlaki and his 16 year old son? You didn't because your precious pos obama did it but if gb did it then you would be whining about civil liberties

Taxing the rich isn't the solution, how about cut some spending? No you want increased spending

 

[shortylickens]

Nope. We've been doing budget sims all semester in school.
Its damn near impossible to balance things unless you make massive cuts to programs AND raise taxes, its impossible. And nobody wants to be the bad guy, so it will never happen.

 

[Jhhnn]

obama has violated freedom several times so yes he is a dictator, did you hear his comments towards the Russian president/pm where he told him to wait until after the election?

And, uhh, so what? Was what he said not true? Is he not less vulnerable to Repub back stabbing & obstructionism? Does he not have greater freedom to deal with the Russians in a mutually advantageous way?

Where were you condemning the assassination of al-awlaki and his 16 year old son? You didn't because your precious pos obama did it but if gb did it then you would be whining about civil liberties

Which is a total red herring in the context of this discussion, isn't it? Killing Al-Awlaki created deficits, or what?

Taxing the rich isn't the solution, how about cut some spending? No you want increased spending

Cut spending where, exactly? Should we cut spending to force layoffs to vanquish unemployment? Or cut pervasive Red State Welfare, leave the well being of Mississippi's poor people to the tender ministrations of their local financial elite? Cut the military, quit buying massive quantities of cold war hardware, close some of the bajillion overseas bases in places like Germany & Japan?

Righties loved the Romney plan, the don't ask for details plan, because it was so wonderfully vague & so wonderfully appealing at an emotional level. It pushed all their buttons, stroked their erroneous zones in a most pleasant way, as all right wing pablum is designed to do. When we return to reality, all they want is to beat down poor people so that people who don't need more money can have more, so that they can worship at the altar of greed, revere the high priests of the Plutocracy. You exemplify that.

 

[peonyu]

The deficit goes deeper than party lines. I hate to parrot Romney but we do have a high % of moochers vs tax payers in this country. Add in outsourcing, where a large part of high paying jobs are now in China/India/Mexico and the tax base was made even smaller over time [and those folks whose jobs are now overseas ended up joining the so-called "47%" even though they are not moochers - a Romney fail to group everyone together]. If the budget does get back on track imo it will only be with much gutting...NASA has already been gutted keep in mind so that bag of honey has already been milked.

Whats next ? There is the Military, but with that goes much of American international power, and the power to control the flow of Oil to a large degree. I dont see the Military being gutted since there is so much to lose by doing so. So we wont be balanced. Even if Romney won he would face the same troubles as Obama, dont think otherwise.

 

[piasabird]

No. Presidents dont balance budgets. Congress does.

 

[piasabird]

Only way a budget can be balanced is if the white middle class males are taxed to death. Even then Congress will just spend more and more and more and more and More!

The Key being that Congress will always try to spend more.

 

[piasabird]

What we need to forcefully cut is imported goods that we can produce domestically. Even though we need some imports to compare what the rest of the world is capable of. The Auto industry failed because they had a monopoly and produced sub-standard automobiles. So some competition is good. We dont need to import as much as we do from China. Take a look at the homes that were built with contaminated dry-wall produced in China. They all had to be torn apart or destroyed. I see nothing wrong with the USA controlling the number of imported goods they will allow. I also see security concerns when banks and other businesses start using call centers and check processing centers overseas. If some people in India or China are writing software, how do you know they arent purposely leaving a back door or an overflow buffer that can be used to spy on people or take over their computer for whatever evil purposes they may have.

 

[shadow9d9]

Presidents create budgets? News to me!

Even if they did(which they don't), the republicans refuse to touch the most insane military in the world or raise taxes(or even let TEMPORARY ones expire!).

 

[IGBT]

Only way a budget can be balanced is if the white middle class males are taxed to death. Even then Congress will just spend more and more and more and more and More!

The Key being that Congress will always try to spend more.

your tripping over your racist hard on. The middle class is multicultural now a days. Your 60's era racist rhetoric assures you will stay in a rut your entire life. Which is a good place for racist slime balls like you.