What Led Us To The ‘Fiscal Cliff’

[Joecooool]

Where Did the Debt Come From? - YouTube

[vetteman9368]

Stupid fuxking democrats, for the most part, bloating the federal govt

[Taurus]

Don't care where it came from, by making promises in his campaign Obama now owns it and he better fix it as advertised. It's all his now.

[Doug28450]

Originally Posted by Taurus

Don't care where it came from, by making promises in his campaign Obama now owns it and he better fix it as advertised. It's all his now.

He's done in four years, what does he care?

[Craig]

Originally Posted by Taurus

Don't care where it came from, by making promises in his campaign Obama now owns it and he better fix it as advertised. It's all his now.

Or what?

[Doug28450]

Originally Posted by Craig

Or what?

Or he's going to play golf.

[Taurus]

Originally Posted by Doug28450

He's done in four years, what does he care?

True, he only has his legacy and the future of the Dems at stake.

[mrvette]

Originally Posted by Taurus

True, he only has his legacy and the future of the Dems at stake.

NO he don't the future of the Do Mo Craps is ASSured because of the purchase of the latino votes via welfare.....

Ca. is now officially BK and there is no coming back, middle class office jobs are hurting because of computers, and even computer jobs are hurting these daze, as if 'retraining' was all that possible anyway, it never was.....

NYC and NJ are going to be basket cases now, they not going anywhere but down the tubes.......

that leaves UNemployed upper mid west to pick up the slackers......and they don't have JOBS either because of all this botched up .gov energy policy crap.....

they want to break the suburbs into moving into central cities to live in hovels in a high rise, Cabrini Green, anyone???

[Will]

Time for some inconvenient truth.

Willful Ignorance: Democrats' "Fiscal Cliff" Negotiation Stance Ignores Reality

With the 2012 election in the rear-view mirror, the Obama administration and members of Congress have now turned their attention to the so-called "fiscal cliff."

The Democrats' opening salvo? Once again calling for tax increases, specifically $1.6 Trillion in new taxes over the coming decade generated by hiking rates on households with income in excess of $250,000.

This immature, irresponsible, and irrational demand for more money is unbecoming of our so-called "public servants." At a time when tax-paying Americans are having to do with less, Democrats defiantly refuse to address entitlement reform, and clamor for government to do with more.

Democrats, after justifiably criticizing the deficit spending incurred during the Bush administration, have long since dwarfed its fiscal recklessness. Yet they refuse to behave in a responsible manner, and instead opt for the role of a teenage daughter with her father's credit card.

FY 2000 represented the peak of fiscal responsibility in the wake of the conservative takeover of Congress, spending cuts, and welfare reform. The Federal Government enjoyed a surplus of nearly a quarter of a Trillion dollars. If spending had been maintained at FY 2000 levels, adjusted for inflation, the U.S. would have enjoyed a net surplus of almost $1 Trillion from FY 2000 through FY 2011, rather than the net deficit of nearly $5.8 Trillion that was actually incurred.



Even with two-bookend recessions (brought about by the bursting of the dot-com bubble and the housing bubble) suppressing revenue, actual revenue generated from 2000 through 2011 was more than enough to cover fiscally responsible levels of spending, and to leave the U.S. with less national debt after a chaotic decade culminating in the economic collapse of 2008 than it held after the peaceful and prosperous 1990s.



Democrats are not serious about understanding why the U.S. is in its current fiscal mess. Democrats are not serious about entitlement reform. Democrats are not serious about reducing deficits. One should not expect Democrats to be serious about resolving the so-called fiscal cliff in a responsible, rational, tax-payer friendly way either.

Willful Ignorance: Democrats' Fiscal Cliff Negotiation Stance Ignores Reality

[Will]

FACT - Tax rates and revenues are HIGHER than needed to cover fiscally responsible spending levels.

FACT - people were not in fact dying in the streets, old people were not in fact eating Alpo to afford their meds in the late 1990s following the fiscal responsibility revolution.

OPINION BASED ON FACTS - Any politician asking for more revenue is a reckless, immature, ignorant, deceitful, foolish, clown.

[Loco Vette]

Originally Posted by Joecooool

Where Did the Debt Come From? - YouTube

Or:

How Bill Clinton's balanced budget destroyed the economy.

[Stangkiller]

Let me guess that video blames Bush.

[Loco Vette]

Originally Posted by Stangkiller

Let me guess that video blames Bush.

[mrvette]

Originally Posted by Stangkiller

Let me guess that video blames Bush.

AND some 40% of that Bush deficit was to fight the islamic wars, and conducted stupidly, IMO......but it's not Bush's fault, being the country is SO PC these daze, by now, islam should be only a bad nitemare of the blight on the planet they created....but NO, liberalism/communism/PC bullshit saved even THEIR evil asses.....

'but it's a one world after all'.....bullshit.....

PBS/NPR should be shut down, HARD.....





as for the rest of the Bush stuff, still not his fault.....mostly the Do Mo Craps......

[Stangkiller]

Lets not the subprime lending mess that was put on us from the Clinton era, and then defended by the democrats during the Bush era when he tried to put some controls on Freddie and Fannie.

[Joecooool]

Originally Posted by vetteman9368

Stupid fuxking democrats, for the most part, bloating the federal govt

How could any idiot look at Bush start two wars while lowering taxes and have the audacity to blame all of this on democrats?

[Loco Vette]

Originally Posted by Joecooool

How could any idiot look at Bush start two wars while lowering taxes and have the audacity to blame all of this on democrats?

The inverse of the idiot that claims Obama has presided over the "slowest growth of government spending in the modern era."

[Joecooool]

Originally Posted by Loco Vette

The inverse of the idiot that claims Obama has presided over the "slowest growth of government spending in the modern era."

You are smart enough to realize that to solve the problem it will take a reduction in spending and an increase in taxes.

[Loco Vette]

Originally Posted by Joecooool

How could any idiot look at Bush start two wars while lowering taxes and have the audacity to blame all of this on democrats?

Or to put it another way:

Cost of War to the United States | COSTOFWAR.COM

Roughly $1.4 trillion at this point. Obozo spent the other $3.6T all on his own and his cronies.

But Wait! The Chosen One "got us out" of Iraq! Why is the meter still running? Heavens to Murgatroid!

[Loco Vette]

Originally Posted by Joecooool

You are smart enough to realize that to solve the problem it will take a reduction in spending and an increase in taxes.

Yes I am. And I am willing to talk about increasing taxes. The Dems, however, are NOT willing to consider ant spending reductions. So the result under this administration if they are left to their own devices will be increased taxes and increased spending.