Posted on 05/25/2011 4:23:23 PM PDT by mdittmar
That big fat zero is not a typo.
Not a single U.S. senator voted in favor of President Obama's budget proposal. Meanwhile, five members of GOP caucus voted against Ryan budget: moderates Scott Brown (Mass.), Susan Collins and Olympia Snowe of Maine, independent Lisa Murkowski (Ak.), and staunch libertarian Rand Paul (Ky.). So all of the swing state Republican senators sided with Ryan.
Apparently, the Senate Democrats think if they don't support anything they can't be demagogued in the same way they're demagoguing Ryan's plan. Harry Reid has dropped the phrasing that Republicans would end Medicare "as we know it," in favor of a less subtle statement on the Senate floor: "The Republican plan would kill Medicare."
Democrats can only duck the issue for so long, right?
On a related note:
"I do think that the Republican Party right now hasn't sort of figured out what it's for," Obama said in a White House interview [in 2009] with The Courier-Journal and reporters from five other newspapers. "And so as a proxy, they've just decided 'we're going to be against whatever the other side is for.' That's not what's needed in an economic crisis."
Thanks, fixed it for us! :’)
"Balancing the budget" at this point would require tax increases that would buckle our economy and send us into an economic death-spiraling flameout. You must go after the problem and the problem is GOVERNMENT SPENDING. If you want a healthy economy, CUT TAXES and CUT government spending even more.
Government created the problem with Bush's bloated government policy. Obama injected that policy with psychotic steroids call "stimulus." Then they want to "balance the budget" by raising taxes. Nobody would have any money, we'd be in a full blown depression, and the Leftists socialist dream will be complete: economic equality for all - everybody is poor except of course the ruling elite.
First cut spending. Then cut taxes. Then cut spending more. THAT's how you recover economically and get to a balanced and RESPONSIBLE, SENSIBLE budget
“They should offer up the bill again without medicare reform and this time let the public know that wwhen it does go bust the republicans at least tried to save whereas you now have nothing thanks to the democrats.”
I agree, but it’s not “it” going bust, it’s the entire US government, once the idiot creditors accept the FACT that we will NEVER pay back our debts.
We will have to go broke - of that I’m 100% convinced - there simply is not enough people willing to stand up to the Seniors that want their money whether the US is dead or alive.
So does that mean that you support raising the debt ceiling?
Murkowski is a jackass and Rand Paul follows in his Father's footsteps.
I think it’s 25. Ryan gets a bit vague in the out years. Going through it detail, my guess is that he assumes people die out of SS and Medicare to the point that the costs come down. In the mean time, he proposes few spending cuts.
This is unlike Rand who has a real budget similar to the Republican study Committee’s.
A lot of Conservatives have been suckered in to supporting Ryan’s Republican budget.
Ryan’s budget does not cut after the first year.
There are two other games in town. First is Rand Paul’s budget in the Senate and the second is by the Republican Study Committee in the House.
I agree but do block grant medicaid to the States with the intention of eventually ending all federal funding to them programs all together.
MY point is that the demons won’t go on the hook all by themselves, they’re nothing but a bunch of gutless chits. The pub need to point this out to the people. BO thriugh BOcare is going to take 500B from medicare and the pubs at least most of them are saying nothing.
If that's temporarily what it's going to take to get to the results I've mapped out. Sometimes an alcoholic has to go through cold turkey, experiencing more severe symptoms on his way to recovery. Fixing the economy now will almost certainly be similar to the early 80's when Reagan's measures caused the economy to get temporarily worse before it roared back with record-setting 25-year robust health and growth.
In three years the Debt to GDP ratio will be over 90%. Historically economies start to slow as the debt increases exponentially. In six years the debt goes up geometrically. At that time, we go under.
We don’t have 25 years and can’t count on the rate of growth Ryan assumes in his projections.
Ryan’s plan is just enough to let him say “we tried” on the Sunday morning shows.
Secondly, some people will invest their money in such a way as to generate wealth; others will spend their money in ways which destroy wealth. The more wealth is in the hands of people who will use it to generate more wealth, the more wealth will be created. Taxing such people will effectively destroy wealth.
Thirdly, any dollar of wealth which is borrowed by the government is a dollar of wealth which is unavailable for private investment. Generally, private investment generates wealth. In many cases, government borrowing is used to fund programs whose only function is to generate further demand.
People need to wake up to the fact that institutionalized covetousness is not virtuous. I wish Christians who might be inclined to vote Democrat could be made to realize that the whole leftist platform is based upon violation of the Tenth Commandment.
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