Skip to comments.Carney: 'Deficit Reduction Is Not a Worthy Goal'
Posted on 01/10/2013 11:33:31 AM PST by Sub-Driver
Carney: 'Deficit Reduction Is Not a Worthy Goal' Daniel Halper January 10, 2013 10:55 AM
White House spokesman Jay Carney said yesterday that "deficit reduction is not a worthy goal onto itself":
"Most importantly because deficit reduction is not a worthy goal onto itself," said Carney, talking about government spending. "This is all about making our economy stronger, making it more productive and allowing it to create even more jobs. That is the most important thing when it comes to economic policy as far as the President is concerned."
U.S. debt is estimated to be $16,432,659,028,067.50.
No, we should concentrate our efforts on creating a culture of dependency.
How else can we secure our positions within the permanent hereditary elite/aristocracy?
Oh darn, I so wanted to see one of those trillion dollar coins.
I could have shown you one but I just spent it at the grocery.
“Carney: ‘Deficit Reduction Is Not a Worthy Goal’”
More comic relief from the mouthpiece.
Carney can provoke derisive laughter even before he opens his mouth.
The least dishonest member of the Obama Administration. I have long realized no one in the Washington elites cares about bankrupting and destroying our great country. The Obama Administration is actively destroying America. Those who are concerned about this are said to be "not worthy".
not when it's the obozo's objective to break the US beyond any possible recovery.
High deficits twart his stated objectives of economic growth. In any event even liberals that don’t care about economic growth and US credit ratings cannot escape INTEREST ON THE DEBT. Interest itself will take over the budget which ultimately limits their ability to spend money to buy votes. Once interest rates rise they are hosed. It is the dirty little secret that no one is talking about because interest rates are being kept artificially low.
Not when the goal is to bankrupt AmeriKKKa and pocket the stolen/”borrowed” trillions.
It isn’t really a loan if you have no intention of ever paying it back.
True dat. We need deficit elimination.
This is why I think the GOP is so unbelievably stupid. Carney is actually right, but has the wrong answer. NOBODY really freakin’ cares about “the deficit”. Not the left, not the right, certainly not the low-information voters in the middle. Ninety-five percent of the population would rate either the economy, low taxes or free goodies as more important than the deficit.
Democrats obviously have the free goodies part locked up, so if Republicans don’t lock down the franchise on low taxes, then it’s politically game over — we will serve no effective function in the American political system. Once both parties have staked out their respective political territories, however, then the terrain of the debate should be on the relationship between the deficit and the economy. But now you’re into policy wonk territory, because there are no easy answers. Reagan and Bush II both increased the deficit with lowered taxes and raised spending, and got great (Reagan) to decent (Bush II) economic results. Bush I raised taxes and cut spending, and got poor economic results. Clinton (and Gingrich) raised taxes and cut spending, and got good economic results. Obama raised raised taxes and spending and got miserable economic results.
But politically, none of that really matters. What matters to the vast majority of voters is the bottom line: how much do I have to pay to the government, and how much do I or will I get back? And for the GOP the answer to the first question should be simple: as little as possible.
Carney is a moronic sock puppet.
There a a good number of Mao admirers in the administration an the “Little Red Book” says: “We shall support whatever our enemies oppose and oppose whatever our enemies support.”
Yes and unemployment payments create jobs, boost the economy...reasoning I suppose that those receiving unemployment payments aren’t working so they can go spend that money in the private sector thereby boosting the economy.
Why doesn’t Obamalamadingdong just write an executive order saying the government is debt free and therefor don’t owe nobody nuttin?
The only “worthy goal” Carney (a.k.a. obama’s butt-boy) recognizes is to defend daily the actions of his little part-black tyrant.
>> “Why doesnt Obamalamadingdong just write an executive order saying the government is debt free and therefor dont owe nobody nuttin?” <<
He has already as much as said that to Boner. He said he saw no compelling need for deficit reduction.
There are certain economic realities that apply only to the world outside of Washington , D.C.
>> “Those in the know always carry around a $100 Trillion Zimbabwe banknote just in case.” <<
Easy to do, they’re only worth a nickle.
Pretty soon we’ll have them too: The Divided States of Bread and Circus.
Here's the summary by Dave Ramsey:
If their household income was $55,000 per year, theyd actually be spending $96,500$41,500 more than they made! That means theyre spending 175% of their annual income! So, in 2011 theyd add $41,500 of debt to their current credit card debt of $366,000!
The Obama administration is telling that family, which is going deeper into debt every year, not only that they needn't stop running deficits, but that even decreasing the rate at which their debt is piling up,is not a worthy goal. They should just keep digging themselves into a deeper hole, hoping that some miracle will bail them out.
This hypothetical family is heading swiftly into a hypothetical bankruptcy.
Our nation is heading swiftly into a real bankruptcy, and a degree of national upheaval never before even imagined.