Quote:
Originally Posted by ericlp View Post
You do know Obama is just going to let them expire while the repubs play with themselves... Right?
Wanna bet? BlackBush or Bushmini will give them something.
cock sucking unemployment extension sours this. Seriously, the govt will now be paying for up to THREE YEARS of unemployment for people.
Yes, but they wouldn't hire them to do work at Unemployment prices, they'd hire them to do work at Big Government prices. And therein lies the rub.....
IF this is true (MSNBC is projecting it, not reporting it as fact) then apparently everything is unfunded. Welcome to another $700B added to the deficit-and that's just for the tax cut for the upper 2%.
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How does not taking a group of peoples money equate to adding money to a deficit?
It appears you assume the money is already the governments before someone has chosen to work for it. Scary, but liberals appear to believe this.
If you have 100 dollars in your pocket and I told you I didn't want to add to my personal debt, is it ok for me to reach into your pocket to take your money using the argument that I can't afford to add to my debt?
Might it make more sense for me to simply spend within my means or at the very least call things as they are and admit that i'm taking money out of your pocket, not avoiding increasing my debt?
Work SHOULD pay more than doing nothing. Rub not found.
But they wouldn't be paid an Unemployment type rate, they'd be paid the full rate. Hence, they'd be the same as just hiring as normal, which would drastically increase the size - and hence expense - of the federal government.
Which is Big Government, exactly what you just posted about.
You're like a young Socialist234...where do people like you come from? I wonder if he and you had the same life experiences happen to you to make you the way you are...that'd be an interesting correllation if it was possible to do....
Chuck
How does not taking a group of peoples money equate to adding money to a deficit?
It appears you assume the money is already the governments before someone has chosen to work for it. Scary, but liberals appear to believe this.
If you have 100 dollars in your pocket and I told you I didn't want to add to my personal debt, is it ok for me to reach into your pocket to take your money using the argument that I can't afford to add to my debt?
Might it make more sense for me to simply spend within my means or at the very least call things as they are and admit that i'm taking money out of your pocket, not avoiding increasing my debt?
I may be wrong but didn't the tidal wave last election go the idea that people wanted a balanced budget?
I must say as always, same shitty politics, different wrapper on the outside, at least the lame duck will shove everything the voters didn't want down our throats before they get kicked out.
The maths just don't work long-term on spending and if the ratings agencies would get out of their pussy models and just go out and cut UST's or long-term outlook negative maybe it would wake someone up in Washington. When your CDS is wider than companies in your country you are a banana republic, unfortunately at this point the majority of the western world is becoming a banana republic. There are reasons gold and silver keep hitting all-time highs, having said that in panic I really don't see how 50 years of having money is going to change the paradigm and people are going to trade gold and silver. Oh well if the world goes to hell I have my left tail covered and around 1600 ounces of silver and 100 oz of gold at home.
How does not taking a group of peoples money equate to adding money to a deficit?
Might it make more sense for me to simply spend within my means or at the very least call things as they are and admit that i'm taking money out of your pocket, not avoiding increasing my debt?
You really are a broken record. You'd rather throw money away on unemployment than hire people to build infrastructure that will sustain future economic growth.
no problem, really, as long as the chinese keep investing their money in our increasingly becoming worthless treasure notes.
I think that those who receive unemployment should provide 32 hours a week of community service plus provide proof of applying for a jobs every week.
I'm not the politician, the Politicians are. You wanted these type of people in there, now they're in.
Congrats!
No sit back and enjoy what's in store for us all...
Keep dreaming, or you could have them putting in 40 hrs a week now to actually build stuff.
I think that those who receive unemployment should provide 32 hours a week of community service plus provide proof of applying for a jobs every week.
Actually at the time these aren't the politicians we wanted, they will come in January. These are the "leftovers" that people voted against.
Not as if the republicans incoming would do any different. Not passing the balanced budget amendment under the Clinton administration was the worst mistake this country will have made long-term.
Even a bill similar to Norway where 1 out of 3 years can be unbalanced would be great.
I would rather pay higher taxes and live through some rough times than this idea that we can constantly kick the can down the road and everything will be OK.
Debt becomes cheaper via inflation if we can't drum up serious inflation the debt is still as expensive down the road, however with the higher leverage, credit becomes more expensive. i.e. credit risk not interest rate or inflation risk. If we can't drum up inflation quickly the maths simply don't work without government confiscation.
