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The Bigfoot
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Our President has stated this week that he intends to cut the federal deficit in half to $533 Billion by the end of his first term.

This guy just keeps on trucking into the improbable (which I like, but I know others don't) so I thought we'd start a thread with the specific purpose of remembering this statement and seeing if he can pull it off.

This is a very long time span so feel free to use this thread for other political discussion in the meantime. In 2013 we will be able to see if he is complete his agenda or not. [Big Grin]

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Relentless.
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I'm a little fuzzy as to how borrowing a trillion or more is going to cut the deficit in half??
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The Bigfoot
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It isn't. That is meant to stabilize the economy. It's what he will be doing over the next three years after this which is what is supposed to cut the deficit.

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Relentless.
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So he's going to fix the deficit... after he makes it bigger... cool
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bdgee
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Compared to the real and actual U.S. Budget, ten times the amount in the stimulus is a trifle.
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glassman
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to be honest? i don't expect anything more than keeping it from being worse than it was in in Bush's second term.

i don't think the forecasts on this chart includes the spending/stimulus package:

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we are going to have to get used to the idea that taxes will get higher, UNLESS we have runaway infaltion with flat government spending...

there's always the possibility of sending Iraq a bill for "freeing" them..

they can pay in crude.

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The Bigfoot
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I think concerning Iraq...since we broke it, we bought it. I don't think anyone is gonna be sending them a bill.

You can take the blue color off that graph right now. He has always stated his intention to see the Bush tax cuts expire.

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glassman
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He has always stated his intention to see the Bush tax cuts expire.

that will get very ugly...

i am not convinced he'll be able to get re-elected if he lets them expire.

ain't that ironic? GOP's hoping he'll raise taxes so they can fire him...

maybe he'll fix the tax code instead so we don't have to spend so much time getting them prepared [Roll Eyes]

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Highwaychild
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Hope is on the way! ...Supposed to be on the way anyway.lol
I hope it's the 'ol rope a dope... rumble young man rumble.AAWWWHHHH!

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IWISHIHAD
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Quote Glassman:

"there's always the possibility of sending Iraq a bill for "freeing" them"..

_________________________________________________

"Iraq could finish the year with as much as a $79 billion cumulative budget surplus as oil revenues add to leftover income the Iraqis still haven't spent on national rebuilding, according to a report by the Government Accountability Office made public Tuesday."


Speaking of the War, we sure have softened and silenced that issue up with the media.

146,000 troops and it's like they are home and not in harms way.

There is a short movie on HBO called Taking Chance that has been showing the last few nights, it brings a little more reality to this war thing.

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Relentless.
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I don't think asking Iraq for payment is even close to the answer. The solution is remarkably simple:
Spend.... LESS!
Easy...
Government is growing in size and authority every day and shockingly it costs more... How's about a trend reversal?

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IWISHIHAD
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Spending less would also go along with getting our troops out of there, that's a nice start.

http://www.nationalpriorities.org/costofwar_home


To me the cost of war is the smaller of issues.

Put a counter up there of the American family lives that are hurt or destroyed per day by this war.

That put's more reality to it.

And that show i posted above even puts more reality to it.

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jordanreed
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everything is just a huge mess..everyway you turn..its out of control.

Obama is working his azz off trying rein in this debacle.

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jordan

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Relentless.
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lol
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bdgee
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quote:
Originally posted by Relentless.:
I don't think asking Iraq for payment is even close to the answer. The solution is remarkably simple:
Spend.... LESS!
Easy...
Government is growing in size and authority every day and shockingly it costs more... How's about a trend reversal?

Not a chance, rel, unless you can reverse the population growth. Growth of government is a corollary to population growth and the proof of that fact is bluntly obvious.

Government is, after all, nothing more than an organized voice of the population in answer to the need for cooperation, which increases with each new person added to the population. We will not ever return to the "simpler" life and "less government" of some time in the past, because, in reality, it is not possible and the call to do so is logically a call to eliminate a sizable portion of the population.

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The Bigfoot
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I think the reason the media has let up on the Iraq coverage is because the people have let up on the protesting. I think the average Joe believes Obama was truthful when he said out in one year and now that they know someone is working to bring em home they are contented. Somewhat anyway.

It does also help that the other war we have going on IS directly linked to 9-11. That one will still get support by the average American.

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Relentless.
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So you are. Telling me government is sized in direct relation. To popuLation sIze and therefore is operating at peaK efficiency?
Seems iffy at best....
quote:
Originally posted by bdgee:
quote:
Originally posted by Relentless.:
I don't think asking Iraq for payment is even close to the answer. The solution is remarkably simple:
Spend.... LESS!
Easy...
Government is growing in size and authority every day and shockingly it costs more... How's about a trend reversal?

Not a chance, rel, unless you can reverse the population growth. Growth of government is a corollary to population growth and the proof of that fact is bluntly obvious.

Government is, after all, nothing more than an organized voice of the population in answer to the need for cooperation, which increases with each new person added to the population. We will not ever return to the "simpler" life and "less government" of some time in the past, because, in reality, it is not possible and the call to do so is logically a call to eliminate a sizable portion of the population.


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bdgee
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"So you are. Telling me government is sized in direct relation. To popuLation"

Pretty much, yes, so far as it is capable.

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CashCowMoo
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Dont worry, Hillary Clinton is saving us with her work in China. The Clintons have always favored China in many ways. They are more than happy to accept Chinese money and gifts.

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It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.

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glassman
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quote:
Originally posted by Relentless.:
So you are. Telling me government is sized in direct relation. To popuLation sIze and therefore is operating at peaK efficiency?
Seems iffy at best....

very few people are claiming the country is running at peak efficiency.

i think there's alot of waste in govt.

the "thing" is? the Government is US.

and private industry is not much leaner.

all of these giant corporations have spent hundreds of millions in lobbying not for efficiency, but for advantage.

look carefully at our trade deficits:

 -

for our congnitively impaired? the trade deficit is cacklacked by subtracting what we send overseas for money from what we import for money.

in 2007 it was 700 billion... 2008 was 677 billion...

our trade deficit for the last 4 years (since 2004) 3.5 trillion$....

this household is broke. that's basically 1/4 of last years GDP....


and people wonder why the banks are broke?

we took loans on our homes and sent the $$$ to China, then they loaned US more money and we did it again...

efficiency?

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IWISHIHAD
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Quote The Bigfoot

"I think the reason the media has let up on the Iraq coverage is because the people have let up on the protesting. I think the average Joe believes Obama was truthful when he said out in one year and now that they know someone is working to bring em home they are contented. Somewhat anyway."

_________________________________________________

I do not think that time frame will ever happen.

I agree people have let up to give him a grace period. The media also, out of sight out of mind.

Unfortunately for the troops there is no grace period, the war goes on and their hopes go down the drain to be home sooner with their family and friends.

Very similiar to what happened in Vietnam with the peace talks.

As far as Iraq paying for some of the War costs. I do feel it very appropriate, but i doubt it will ever happen.

The reason i feel this way is that we are protecting the oil interests of a few and those same people are taking this money and putting it elsewhere into their accounts.

All you have to do is look at the per capita earnings of Iraq and look at the size of the population and you realize that this money is being put in the hands of a very few indivuals and not going back to the Iraq people.

I assume that these oil interest were in the hands of Saddam prior to us going in.

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Relentless.
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quote:
Originally posted by glassman:
quote:
Originally posted by Relentless.:
So you are. Telling me government is sized in direct relation. To popuLation sIze and therefore is operating at peaK efficiency?
Seems iffy at best....

very few people are claiming the country is running at peak efficiency.

i think there's alot of waste in govt.

the "thing" is? the Government is US.

and private industry is not much leaner.

all of these giant corporations have spent hundreds of millions in lobbying not for efficiency, but for advantage.

look carefully at our trade deficits:

 -

for our congnitively impaired? the trade deficit is cacklacked by subtracting what we send overseas for money from what we import for money.

in 2007 it was 700 billion... 2008 was 677 billion...

our trade deficit for the last 4 years (since 2004) 3.5 trillion$....

this household is broke. that's basically 1/4 of last years GDP....


and people wonder why the banks are broke?

we took loans on our homes and sent the $$$ to China, then they loaned US more money and we did it again...

efficiency?

You were talking about budget deficit...
That is different from trade deficit...
In no way related...
I don't truly care about trade equality...
I do care that at some effin point our idiotic government might see fit to spend less than it takes in... not by taking more from us but by effin spending less.
And this crap about government having to be bigger and more oppressive because there is more of us is.. well crap.

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glassman
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You were talking about budget deficit...
That is different from trade deficit...


weyell ah ben talkin 'bout the trade dayeficeyit sence ah come heyere.

every year that 700 billion leaves our economy? that decreases the tax base and the GDP.
they are always comparing the taxes collected and the debt to GDP....

we collect taxes at every level of the economy.
all these corporation go to other countries, and lobby congress for tax breaks to do so...

people say we shouldn't impose import duties because that's "protectionist" but the fact is that money is leaving our economy and not coming back.

every peice of foreign made goods bought here represent payroll taxes not collected, so on and so forth..

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Relentless.
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Stop taxing so much and it won't happen...
Blaming companies for trying to pay less tax, legally, is really just a horrible argument.

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glassman
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quote:
Originally posted by Relentless.:
Stop taxing so much and it won't happen...
Blaming companies for trying to pay less tax, legally, is really just a horrible argument.

we've been cutting taxes steadily since WW2...

as for companies? the corporate tax as a percentage of GDP has dropped steadily too...

 -

The average percentage of GDP represented by U.S. federal personal income tax revenues from 1946 through 2006 is 8.0%.

http://politicalcalculations.********.com/2008/04/connecting-dots-for-personal-i ncome.html


in other words? corporations have historically and do pay less in taxes than individuals...

they have a very high "legal rate" but the loopholes are so huge that many of the fortune 500 pay no taxes.


the corporations are getting tax breaks by lobbying, but they are going overseas to hire cheap labor...

the option is for Americans to work for 2$ per hour or tax the goods at the border...

of course we could close all the schools, fire the cops, stop repairing the raods, don't pay the light bills for street lights or stop lights etc...

i don't think that would stimulate the economy tho...

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Relentless.
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Ok... Tax me less too.. You win..
Then just for giggles... spend less &*^$*#ng money...
Government is vastly overfunded and they STILL seem to spend more than they take...
Am I the only one who thinks a bloated oppressive government is a bad thing?
Nah I have company.. called the founding effin fathers..

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glassman
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Am I the only one who thinks a bloated oppressive government is a bad thing?

of course not, but these people go to DC because they are power junkies...

they are't going there to donate their services.

get rid of them? some other power junkie shows up....

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Relentless.
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quote:
Originally posted by glassman:
[QUOTE]
of course we could close all the schools, fire the cops, stop repairing the raods, don't pay the light bills for street lights or stop lights etc...

i don't think that would stimulate the economy tho...

Since when was it the federal blubberment's job to repair roads, pay for cops, pay traffic light bills?
The federal government is supposed to protect us from foriegn invaders and governance of the states... THAT'S IT... all the rest is the emergence of a tyrannical empire different from any of the one's from the past. This time there is no face to place on the tyrant... That bit is quite clever... As long as the effin idiots who rush to the voting booths every four years "feel" like they have a shot.. then they are quite happy to live in the cage they refuse to see. But just because they are too friggen stupid to see doesn't mean I am... and frankly I expect better out of you too.

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glassman
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and frankly I expect better out of you too.

civil war is over.. we lost..

i hate most everything the Fed is up to, and i don't trust Obama any more than any other generic politician

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Relentless.
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Doesn't mean we were wrong or that Lincon wasn't a jealous power hungry ass...
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glassman
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careful now, some people think Lincoln was a hero.... [Big Grin]

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Relentless.
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Some here think Obama is one too...
Or Bush...
Or Clinton..
****.. shouldn't of said Clinton.. Beege will be here in a second to defend his Sith lord.

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glassman
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my take on politics is that the profession attracts lowlifes and even worse? it attracts lawyers [Big Grin]

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Relentless.
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Precisely the reason NOT to give them money...
The guy selling the ShamWow is more beleivable... and the word SHAM is in the product.
This issue I can see is directly related to our discussion on loyalty of workers and employers..
The government intimidates us because none of us are united... If the government comes in whatever fashion they wish.. be it HMS.. local cops... FEMA's police force... FBI.. whatever..
We all sit back and watch as the poor guy gets taken away thanking whatever worshiped idol we choose that it wasn't us...
And they know it.

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Relentless.
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**** they make millions marketing us videos of our own capture.... C.O.P.S.... what wonderful propaganda... what wonderful brainwashing...
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