Obama Took a Stand This Week

I'm not an economist but I bet 30A Shopper will be along soon. Here's the NWF Daily News perspective in the meantime...

Obama's vision is chilling | obama, budget, burden - EDITOR - Northwest Florida Daily News

A balanced budget in 12 years. You can't make this stuff up. I'd laugh if I wasn't already crying. We've progressed so far down the rabbit hole we can't balance spending with revenue anymore. I've given up hope myself, I just pray I'm retired (and on a much lower income) by the time it blows up in our faces.

I am so tired of the negativity.

We will try to hit high standards and we might fall short.

It still makes a difference and is far better than doing nothing.

If only there was some benchmark in history when the US had a balanced budget....

Or a surplus............

Also know as pre-Bush tax cuts. :sarc:

If only there was some benchmark in history when the US had a balanced budget....

In 1998 we spent a total of 1.7 trillion. This year we'll spend around 3.8 trillion. We've blown so far past that benchmark we'll never ever get back to it. Obama's deficit this year will be around 1.5 trillion dollars. It's just.. basically... hopeless. Don't look to congress to solve it, they just passed last year's budget a couple days ago, which was basically a perpetuation of current levels of spending. Add to all this ObamaCare in a couple years, social security surplus drying up, and the added cost of all the debt were accumulating.. yeah, we're screwed.

The good news is that the GOP plan that just passed the House for 2012 would have us at a surplus.......by 2040....(see page 3).:sarc:

http://www.cbo.gov/ftpdocs/121xx/doc12128/04-05-Ryan_Letter.pdf

If only there was something we could do that would have an immediate effect and produce lots of revenue.

That would be the same as cutting hundreds of programs.

That would still keep tax levels far below what they have been under recent administrations.

Think, think, think................

I am so tired of the negativity.

We will try to hit high standards and we might fall short.

It still makes a difference and is far better than doing nothing.

I, too, am tired of the pessimistic outlook--no one today knows what will happen tomorrow--or if there even will be a tomorrow. But, we all hope there will be and that it will be better than today.

What about all the brilliant minds we have in this country? All the young people who will no doubt come up with countless ways to do things? and do them even better than we have! Maybe they will be working with Chinese or Indian or Indonesian or Afghani or Iranian or Iraqi partners...but, they will be doing wonderful things years from now and America will still be a great country.

In the 40s no one even dreamed we would go to the moon--or few people anyway--it was not even an idea that most people had thought of, and yet we did it!

My grandmother lived to be 99 years old and when she was a girl, she walked or rode a horse whenever she went. As a young married woman it took her and my grandfather two days by wagon to travel from Portland to DeFuniak to buy supplies...

I sat on the porch with her just before the Apollo Moon Launch and showed her pictures of Kennedy Space Center and the Saturn rocket that my husband worked on, and told her about the moon shot that was coming up. She would not believe me--it was outside her realm of possibillity--not because she did not want to believe me, but because it was too much for her to grasp...from horesback riding and walking to launching men into space in the course of her lifetime was too much.

We have done so many things in the last 60 years that few people ever dreamed of...there is absolutely no reason that the same can not be true of the next 60 years unless we listen to the naysayers and the doomsday prophets...what is wrong with the people in this country who listen to the politicians who say it is over?

Enough already.

I want a better world than that for my son and his children and I refuse to believe that no one else in America feels the same way as I do. I want my grandchildren to sit on the porch someday and tell me things I can not comprehend.

and, today, I want politicians who will use the intelligence they have and the people in this country have, to find a way to balance the budget and improve our system of government...I want them to put their minds and their time in office to positive use--to serve the people of the country who elected them in a way that is good for all the people in America...not just the ones who get them re-elected.

If they would spend half as much time truly working on the problems we face, instead of worrying about whether they will continue to occupy their seat in the House or the Senate or the White House, then we could all look forward to our grandchildren's tales of wonder.


Edit: Sorry, Geo, if I'm ranting off topic; but, this is what I thought the President was saying the other day: all is not lost--we can walk back from the brink--if we put our considerable intelligence and hard work to work for us, and stop talking and thinking so negatively.

I wonder what the interest is on ten trillion dollars.

Grow up, America. You ALL deserve to have your taxes raised- not lowered. NONE of you deserve to pay historically low taxes with the economy looking like it does.

Shame on you, politicians for making this seem like it should even be called into question.

WATCH THIS->

http://www.thedailyshow.com/watch/tue-april-12-2011/ryan-s-private-savings---path-to-prosperity

The good news is that the GOP plan that just passed the House for 2012 would have us at a surplus.......by 2040....(see page 3).:sarc:

http://www.cbo.gov/ftpdocs/121xx/doc12128/04-05-Ryan_Letter.pdf

House passes GOP budget plan for 2012 - The Washington Post


The Ryan budget just passed in the House. I wonder how they end up reconciling the mismatch. This should be entertaining to say the least.

There's a fundimental flaw with the original statement about things getting better under Clinton and worse under Bush. The House and Senate were controlled by the Republicans (the last 6 of Clinton's 8 years) under Clinton, and he was forced to come to center so he wouldn't be a one term President. Bush's House and Senate started off as Republican controlled and wound up as Dem controlled. Things went down the toilet for Bush after the wars and after the Dems had control.

Both were complicit in the outcomes, though, as both signed loads of bills.

That being said, you can't simply label the periods with the associated Presidents. You should give all the info.

House passes GOP budget plan for 2012 - The Washington Post


The Ryan budget just passed in the House. I wonder how they end up reconciling the mismatch. This should be entertaining to say the least.

It's all part of the Politricks. The Republican know that the bills have no chance, but by passing them along they can say, "See...we offered up a plan to balance the budget, and the Democrats killed it."

It goes both ways. I would bet a year's salary that if the tables were turned the Dems would do the exact same thing.

I think it's great they passed something that somewhat addressed the issue, but find the constant favoritism of corporations at the expense of people a disturbing trend.

I think everyone, including the rich and corporations needs to be sacrificing to fix the issue.

And I really worry that continuing to ignore dangerous infrastructure issues to continue military spending and tax breaks is going to come back to bite us in the arse.

We need to be fixing fiscal problems, reevaluating our priorities, AND planning for the future.

Oh Jeez....I just read that Medicare is solvent to 2029 and Social Security is solvent till 2037.. If we end two wars and cut into the defense budget we can expand medicare yearly until we have a single payer plan. The defense budget nears 700 billion, nearly 900 billion spent in Iraq and Afganistan and were talking about cutting medicare....then, tax the glutenous super rich 1% club and we'll all be just fine.

Glad Obama has stopped ignoring the progressive base of his party!!!

...and, on a congratulatory note to the Teapubs...Paul Ryan is a mutha freakin' hottie :wub:, he really need to be a Liberal Dem.

House passes GOP budget plan for 2012 - The Washington Post


The Ryan budget just passed in the House. I wonder how they end up reconciling the mismatch. This should be entertaining to say the least.

Considering what I posted was the CBO's response to Ryan's proposal, there shouldn't be a mismatch. However. the Progressive's say their version that failed would have had a surplus by 2021.

Considering what I posted was the CBO's response to Ryan's proposal, there shouldn't be a mismatch. However. the Progressive's say their version that failed would have had a surplus by 2021.

So if they could combine the revenue generation the democrats want and the long term entitlement reforms of the republican's budget we'd probably be in pretty good shape. Something tells me though that aint gonna happen.

Grow up and stop spending money we don't have. The lack of fiscal discipline is killing us and will ruin us. Entitlements will be gone either way. Dump them now while we still have a chance.

Even if taxes were increased by 50% we wouldn't be able to balance the budget. I bet many of you didn't know that.