Big shocker the "One" wants to raise the debt limit again

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Originally posted by: pjstroh
The president has attemtped to address the largest line items that are behind the deficit with varying success. In each case he is attacked by the fiscal conservatives for being fiscally responsible.

- He wants to remove much of the unreconciled Bush Tax Cuts. Fiscal Conservative Republicans prefer we continue to borrow money to give Warren Buffet a tax cut he doesn't want.

- He is ending the wars in Iraq and Afhanistan. Fiscal Conservative Republicans are kicking and screaming all the way - all the while complaining about deficits.

- He stopped the completely unfunded Republican Drug program and replaced it with one that is mostly funded - albeit not entirely - a fact that fiscal conservatives cry about while demanding we go back to their completely unfunded plan that covered 30 million fewer people.


PJ, you need to stop listening to the talking points.
Comparing Warren Buffet's taxes to his secretary's is not accurate. Buffet is paying on capital gains, his secretary is paying income tax.

Do what has been stated before. Lower the tax rate and REMOVE all deductions. Make everyone pay thier fair share, including those who don't pay at all.

I know, we need to just keep spending and paying those huge pensions and benefits to the govt workers.
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Originally posted by: szelisk

I know, we need to just keep spending and paying those huge pensions and benefits to the govt workers.


Yeah, see this is what I'm talking about. Our deficit is not caused by the line items I mentioned earlier. No, its caused by the sudden and rampant explosion of government worker salaries and pensions that materialized shortly after Obama took office. That and the National Endowment for the Arts.

...talking points...lol.
Quote

Originally posted by: pjstroh
The president has attemtped to address the largest line items that are behind the deficit with varying success. In each case he is attacked by the fiscal conservatives for being fiscally responsible.

- He wants to remove much of the unreconciled Bush Tax Cuts. Fiscal Conservative Republicans prefer we continue to borrow money to give Warren Buffet a tax cut he doesn't want.

- He is ending the wars in Iraq and Afhanistan. Fiscal Conservative Republicans are kicking and screaming all the way - all the while complaining about deficits.

- He stopped the completely unfunded Republican Drug program and replaced it with one that is mostly funded - albeit not entirely - a fact that fiscal conservatives cry about while demanding we go back to their completely unfunded plan that covered 30 million fewer people.


Interesting article on Bush Tax Cuts and the President
https://www.washingtonpost.com/wp-dyn/content/article/2010/12/16/AR2010121606200.html

As to ending the war in Iraq he held exactly to the timetable negotiated by the Bush administration in November of 2008 contained in the Status of Forces Agreement (see article 24).
https://graphics8.nytimes.com/packages/pdf/world/20081119_SOFA_FINAL_AGREED_TEXT.pdf

And here is the troop levels in Afghanistan starting in 2002 and through March of this year. Notice the sharp uptick since March of 2009
https://afghanistan.blogs.cnn.com/2011/06/22/chart-u-s-troop-levels-over-the-years/

Provided, as always, for those who prefer to draw their own conclusions. Please carry on

marc - Precisely why I noted "limited success" in my remarks.

The president is open to criticism for caving in to the Tea party on extending the Bush tax cuts. He is not open to criticism for ideologically oppossing them - at least in regards to the highest earners.

Regarding Iraq - Sorry, but this president oppossed the Iraq war from day one - which is the primary reson he was the Democratic nominee instead of Hillary Clinton in 2008. And when he agreed to the timeline negotiated by president Bush he was blasted by his 2008 opponent and then blasted by his 2012 opponents (Ron Paul excluded) when he followed through on it. There is no similarity between his position and that of the other side - if that was your point.

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Originally posted by: billryan
If the all-knowing Founding Fathers had thought the country needed a balanced budget amendment, wouldn't they have provided for one?


And they probably would believe that we would be asinie enough to go 16.4 trillion in debt. And I will not as much as I may like to put all the blame on OB. Our disfuntional congress. Both parties. And we are always within 2 years of an election. So they are more worried about being re-elected than doing their job.

And another post it was mentioned nobody wants medicare and SS messed with. Well if they do not they will be in big trouble. We all better get in our heads there will be some pain the forcast is for 20 trillion before long.

So what do the lefties want to do about that amount of debt. I will accept some pain if real cuts are made and a balanced budget would have a chance. And get rid of the totally useless pork they keep sneaking in.

Terry

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Originally posted by: lv fritz
Just a minor, rather trivial point......WHAT BUDGET???? The Dems haven't passed one in about three years now. Before you BALANCE a budget, don't you think you have to actually have one to balance?

PJ, now please feel free to return to your regular programming.


That is another example of incompetence. How do you not pass a budget in 3 years. Really. Well at least we are safe since the house does not return until 1-17 and the senate 1-23. Maybe they will have an awakening to the fact that we borrow 36 cents out of every dollar.

Terry

PJ,

How about as direct question......what do you think about the US NOT HAVING A BUDGET?

Or is that some kind of a right wing wacko conspiracy?

So far, you have rather ham handedly dodged that part of the thread.
Quote

Originally posted by: lvfritz
PJ,

How about as direct question......what do you think about the US NOT HAVING A BUDGET?

Or is that some kind of a right wing wacko conspiracy?

So far, you have rather ham handedly dodged that part of the thread.


Seems like I'm always required to oblige every question from the right while they hide from mine.

But I'll play...I think the lack of a budget is a result of a disfunctional Congress that is stubbornly and ideologically split. The House is Responisble for passing a budget and getting it ok'ed in the Senate. So far the Senate has filibustered that and a record number of other items. I dont think its a right wing wacko conspiracy to point to the non-existant budget. I think its a right wing wacko talking point to pretend the right wing hasn't played a huge role in us not having one.

So answer me this, Fritz...now that the House is controlled by Republicans are you going to scold them for not passing a budget through the Senate and WHite House - or is that going to be a wacko left wing conspiracy?

Big shocker: This thread didn't bring consensus with our righties and lefties.
Fritz, here's my direct questions to you...or anyone else from the right. Try not to dodge =)

1) To the extent the Iraq war has negatively impacted the budget deficit in 2009-2011...which administration do you blame for this? The one that advocated and started that war? Or the one that oppossed and ended it?

2) To the extent the unreconciled Bush tax cuts negatively impacted the budget deifict in 2009-2011. Which administration do you blame? The previous one that created them or the current administration that opposses them?

To help you swallow your pride I'll even swallow some of mine by conceding the current administration gets part of the blame for #2.
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