callmeslick wrote:Will Robinson wrote:But tell me, how has the constant raising the debt limit and printing more obligations than we can pay for been working out for us so far?!? Seems like that is the real 'game' that has been played on us!
well, the last long run we had of doing that was in the period 1942-1966. Worked out pretty well.
I'm not saying that borrowing 40% of the budget for any length of time as we presently are is bright. That is where the extra revenue is needed.
No, you are looking at it from a politicians perspective, that is,
'we start running out of money so the problem is we aren't taking enough away from the people who earn it'.
If borrowing too much is not bright then continuing to borrow too much and squeeze more out of your neighbors to be able to service the debt is beyond
not bright! Why do you even begin searching for solutions from that perspective? That is absolutely idiotic! "extra revenue" isn't needed! Less over spending is needed! And if the working man is going to give you more revenue now to make getting out of trouble easier then you damn well better have a real plan to make the most out of it because the first trillion dollars wasn't spent well! Then the second load of billions went down a similar toilet...promising some cuts that take effect only AFTER you are re-elected and get another 4 years in is a promise of nothing!!
It's time to man up or move out congress/whitehouse
callmeslick wrote:.. The nation hasn't made it clear if it would give up any of the big entitlements, and we desperately need both infrastructure and basic research funding. Who but the Federal government would pay for that? As I've said before, my model is proven(by Truman and Eisenhower). As for what you've suggested? Sorry, but I've got higher aspirations for my descendants than what your vision would bring us.
What are you talking about?!? I stated earlier the correct way out of the immediate mess is a reasonable combination of tax increases and heavy spending cuts. However, to address the underlying problem that this thread seems to be focused on, my solution would be get the budget under control!
You keep offering increasing the debt and increasing the amount of money the asshats in congress and the whitehouse have at their disposal! There
is wisdom in the fundamental stance the repubs are taking on the deficit ceiling issue. If spending is out of control then the solution isn't to give the bastards more money! At it's core that
is the proper perspective. It isn't a good way out of the immediate mess and I already told you I don't think they will force a default to actually happen but certainly taking the credit card away from the out of control employees is the best thing to do...you want to increase the limit on the card!