Care About the Federal Debt? Your Choice is Clear

Here's what happens to the debt/GDP ratio come 2021 depending on which current presidential candidate's tax and spending plan is put into effect:



Numbers courtesy of the non-partisan Committee for a Responsible Federal Budget (Wikipedia link here)

Not a tough call.

But the analysis of Gingrich's does not include the revenue from the moon colony and its mining. We're talking surplus in his plan 6 months after elected.

Remember when owebama pledged to reduce the deficit in half? Remember when he was going to go thru the budget line by line to reduce waste?

So why should we believe he would follow thru on this latest storyline?

Except this isn't owebama's analysis is it? This isn't coming from his campaign or from MoveOn.org - its coming from a non-partisan group comprised of both Democrats and Republicans...and unlike our resident conservatives on these boards they actually have the courage to do the very simple math of the plans put fourth by EVERYONE.

....And what they show is the "new and improved" Republican Party that has allegedly learned their lesson from the Bush years has done anything but. The new champions of fiscal responsibility led by the debt-tackling tea party support plans that are scored to make our debt much worse than the president who they criticize on this exact issue. Do you need more proof that Republicans no longer stand for anything other than getting rid of the president?

Yes, but I hear jobs are scarce up there. T.V. reception is very poor,etc. They're having their own problems

Do you think that Adlelson's support of Gingrich is based on his hope that Gingrich will give him the exclusive gaming license on our Moon base? Welcome to the "Luna Venetian". Boy, some guys just can't Wynn!

Larry from Las Vegas, NV

The analysis is based on the numbers owebama has presented and based on past performance are not to be believed since he has not reduced the deficit by half and nor has he gone thru the budget line by line

On the other hand cheese is plentiful!

Oh, really? Where did they get the numbers from Romney's plan then? Or did you just make that up? Yeah - I forgot who I was dealing with here. Silly me.

I am just saying that owebama's numbers based on his 3 year track record is a load of poop.

Here are some recomendations from Senator Coburn

Senator Coburn said last year's GAO report listed more than 100 surface transportation programs; 88 economic development programs; 82 teacher quality programs; 56 financial literacy programs; 47 job training programs; 20 homelessness prevention and assistance programs; 18 food for the hungry programs; and 17 disaster response and preparedness programs.

He said government's duplication in nutritional programs alone -- worth $62.5 billion in 2008, according to GAO -- have burned taxpayers over items as simple as potato chips.

"While many of these programs, such as the Supplemental Nutrition Assistance Program (SNAP) allow federal funds to purchase potato chips, dozens of other government-wide initiatives, are aimed at keeping Americans healthy, specifically suggesting food like potato chips should be limited in intake, and perhaps even taken out of public schools all together," he said.
"At the same time, just this year the Department of Agriculture announced a nearly $50,000 federal grant was being doled out to a private potato chip company in New York. According the proposal, this money would be used to overhaul their media strategy and raise
brand awareness and consumer knowledge -- essentially encouraging people to buy and consume potato chips," he said, noting that potato chips sales in the United States exceed $6 billion annually.