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| President Obama faces 'cliff fatigue'; You can only cry wolf so many times before being ignored | |
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| Tweet Topic Started: Feb 26 2013, 04:02 AM (736 Views) | |
| Mountainrivers | Feb 27 2013, 02:16 AM Post #31 |
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Fire & Ice Senior Diplomat
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I think we will have to face up to the fact that SS, Medicare, Medicaid and defense are the main reason for the deficit. Discretionary spending, which accounts for everything else the government spends on, is less than 1/3 of the total budget. In order to balance the budget, it appears that we would need to eliminate all discretionary spending or take on the main programs listed above. |
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| Banandangees | Feb 27 2013, 02:24 AM Post #32 |
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Fire & Ice Senior Diplomat
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"“President Obama signed into law $1 trillion in cuts to discretionary spending over the next ten years." What good is it to cut $1 trillion in cuts over ten years when we have over spent our federal budget $1 trillion for each year over the last four years? That's like MR and Brew cutting their food bill by $1000 each year but increasing their other descretionary spending by $10,000 a year and thinking they've made a sensible fiscal improvement. Edited by Banandangees, Feb 27 2013, 02:26 AM.
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| Mountainrivers | Feb 27 2013, 02:31 AM Post #33 |
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Fire & Ice Senior Diplomat
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The cuts will have to come from discretionary spending unless either the dems or reps put forth a plan to cut the increase in SS, Medicare, Medicaid and defense. Neither side has the balls to say what cuts, to which programs and by how much because they are afraid of losing the next election. You can't put it on Obama. He doesn't allocate the money. Blame congress. All the president can do is sign a bill or not. He has not had a bill sent to him that he could sign. |
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| Banandangees | Feb 27 2013, 02:50 AM Post #34 |
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Fire & Ice Senior Diplomat
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But he has been the "leader" over the last four years. He gets the credit that same as Bush got the credit during his terms. What we are talking about (or should be) is not which politician(s) get credit for over spending but how do we get our fiscal balance in order... and that may have to include better tax management, and more cuts than just "discretionary" spending in a way that sensible bipartisanism effort can, through sit down negotiation, lead to a sensible fiscal plan and that may mean putting on delay what ever vision president Obama has for our nation. |
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| Mountainrivers | Feb 27 2013, 02:55 AM Post #35 |
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Fire & Ice Senior Diplomat
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You demonstrate the problem we are facing, Ban. You want to play the blame game, put it all on Obama rather than the people who are actually responsible for running up the deficit and debt. Did you read the part where it said Obama has increased the deficit less than any president since Eisenhower? He has not been a spending president in the same vein as most previous presidents. If nothing else, inflation will increase the deficit unless cuts are made and taxes increased. You guys on the right only want to put the burden on the poor and middle class instead of recognizing reality and getting the money from those who have it. |
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| Brewster | Feb 27 2013, 06:05 AM Post #36 |
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Fire & Ice Senior Diplomat
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| Pat | Feb 27 2013, 11:12 AM Post #37 |
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Fire & Ice Senior Diplomat
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Friday the cuts begin, there will be ways to move money around and forego some affects for a month or so. Most Americans won't notice any change as those related to supply and defense will be most affected. The president could come up with a proposal to move around the cuts, but he's still politicking any looking for new taxes, something that does not appear on the table. |
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| Brewster | Feb 27 2013, 11:18 AM Post #38 |
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Fire & Ice Senior Diplomat
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I cannot imagine Obama and the Dems moving without at least the removal of some loopholes. I guess the sequester it is. |
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| tomdrobin | Feb 27 2013, 11:26 AM Post #39 |
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Fire & Ice Senior Diplomat
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It's good strategy, go over the cliff. And, then blame any pain on the Republicans. People will throw the Tea Party bums out in 2014, And, then Obama can have the support to do what is necessary to fix our problems. The party will be over for the 1%, time for them to pay for their sins.
Edited by tomdrobin, Feb 27 2013, 11:26 AM.
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