Editorial: Where's The Outrage About Budget Impasse?

IBD Editorials ^ | July 7, 2011 | Staff

[Kaslin]

Debt Reduction: The president happily announces "a very constructive meeting" with Republicans to resume debt-ceiling negotiations. Taxpayers should demand the one and only solution: huge spending cuts, period.

Back during the Cold War, the left here and in Europe unsuccessfully peddled the notion of moral equivalency between the U.S. and the USSR, as if a regime that shot or starved tens of millions of its own people could be viewed through the same lens as the freest, most prosperous nation in history.

On Thursday, the president presented himself and his fellow spendaholics as morally equivalent to the House's new Republican majority, entrusted by a disgusted electorate with a mandate to rein in the Democrats' massive spending.

According to Obama, "all the leaders here came in a spirit of compromise" and "everybody acknowledged that there's going to be pain involved politically on all sides."

But the spirit called for under the present conditions — a job-scarce economy battered into the doldrums and a government on its way toward the fiscal cliff — is not one of compromise but of righteous intransigence, not unlike the thinking behind the U.S. winning the Cold War.

The expenditures of the unfettered Democratic control of the White House and Congress that ended six months ago were insane, and no Republican need apologize for insisting that they be rolled back unaccompanied by tax increases of any kind.

Consider the spree that the government has been on (and not forgetting the Bush administration is on the hook for part if it):

• Federal spending from fiscal 2008 to 2011 increased by 28% — roughly four times inflation, nearly six times GDP and nine times the population growth.

[RC2]

Washington DC operates off of money. The states should hold all money from going to DC and starve them out.

[M-cubed]

Hey!..the “Secret Plan” is........

Get the 47% of the populace that pay no taxes to 51%...Then..we can Have real CHANGE that the majority believes in....Its that simple folks...

Watch the end result of the negotiations....The “poor” need to be taken care of....Have u no compassion??

[MulberryDraw]

The federal deficit has expanded to $1.4 trillion per year and the talk now is a cut of $1 trillion over a decade. That’s about $100 billion and some promises. $100 billion is what the Republicans were promising before the last election and failed to deliver.

[BobP]

The Republicans were voted into congress in landslide fashion in 2010 in order to cut government spending and balance the budget.

We need to press three goals -- less government, less spending and lower taxes -- and make it a non-negotiable premise.

If we allow Bennie and the boys a 2 trillion dollar debt ceiling increase it will be quickly gone. And just like that Congress will be back stealing more in no time flat.

Each taxpayer today is forced to take home less for support of his/her loved ones in order to provide for half the existence of another, with the threat of jail time if he declines. That will get worse I'm afraid.

When Republicans Say Bipartisanship, They Mean Surrender

Senate Minority Leader Mitch McConnell says ''the best advise I can give you John is to ignore any symptoms and also ignore the concerns from taxpayers that will arise after taking your blue pill medication. Your friendly, progressive DNC is the medication expert and is there to help you... steer for the cliff!'' /sarc

[Walkingfeather]

Such a joke. .... The media will make these panic reports and a miracle late night compromised was reached when (Boener caved) and saved congresses august vacation plans. Same Lucy and charlie brown with the football schtick.

[familyop]

Opinion writers will tell us all kinds of political things. Monitor the truth, friends.

THOMAS (Library of Congress)
http://thomas.loc.gov/

[thirst4truth]

• Federal spending from fiscal 2008 to 2011 increased by 28% — roughly four times inflation, nearly six times GDP and nine times the population growth. mp3Subscribe to the IBD Editorials Podcast

• Washington's total spending as a proportion of GDP increased over those years by 22% — from 20.7% in 2008 to an alarming 25.3% in 2011. (As a comparison, from 1996 to 2005, spending as a share of GDP never reached 20%; its postwar peak was 23.5% during Reagan's 1983 defense buildup.)

• Federal debt held by the public has increased by 87% from 2008 to 2011 — and by 78% as a share of GDP.

• The federal deficit during these years has expanded by an incomprehensible 259%. It's now $1.4 trillion.

I never hear these stats coming out of the R's mouth. they need to repeat these stats over and over again. Remember the three words that got you the majority JB, TEA: TAXED ENOUGH ALREADY!!!!!