A DECADE OF 2 LATER!!

 

If Republicans cave go along and with it; it's dooms day for the economy and second recession is unavoidable imho!

Prove me wrong!!

How will increasing money to the govt to the tune of 1 trillion solve anything?

They are guaranteed to waste most of it as THEY ALWAYS DO!

We will run another trillion in debt or very close next year with negligible economic growth with a good chance of economic contraction!

Maybe republican wants to say "ok, we did what you wanted and we are worse off now" I dont know but, playing politics again with the US citizens quality of life is BS

 http://www.politico.com/story/2012/11/84364_Page4.html

Well, actually, the recession would be caused by the sudden sharp reduction in the deficit.  Increasing taxes AND cuts in spending, as you want, would cause an even deeper recession.

But let's cut the deficit with cuts and lets cut Medicare.  Let's raise the age from 65 to 67.

That will result in an increase in Medicare premiums for seniors from 67 on up.  The people on medicare from 65-66 tend to be the healthiest people in Medicare, so taking them out means the per member cost of medicare would go up.

The people 65-66 will have to get their health insurance by either staying in the workforce or by going to the exchanges.  the 65-66 years olds in the work force and in the exchanges will be the least healthy of the people getting private health insurance, meaning the price of health insurance will rise.

So cutting things like Medicare doesn't result in a net savings for the population.  It simply pushes the cost for health care to you and me.

So let's keep taxes low on the extremely wealthy so you and I and old people can pay higher health insurance premiums.

Any other ideas?

In response to DirtyWaterLover's comment:

BS! and there wouldnt be a "sudden sharp drop"! Our deficit is 16 trillion cutting it by a few 10's of billions a year is by no means a "sharp drop".

The dems plan will ADD/INCREASE/EXPAND the deficit!

Any signs of real reduction in deficit will boost confidence in our markets and the result would be consumer confidence and spending rising, investors investing more and businesses investing more!!

To just balance it where we didnt have any increase in our debt would be an economic boost!!

get real!

In response to tvoter's comment:

Same old Democrats.

Tax and spend.

4 years of deficit spending now they need other's money to pay for it.

How dare the evil rich object to Obama's redistributive policies.

Notice how the media focuses on "Revenues", no mention of the needed spending cuts.

Taxes will not solve this problem the democrat party with spending on enttitlements.

But that is how they get elected, free stuff for their voters.

Take money from our country's productive and give it to the dead beats.

Cutting the deficit now is misguided.  Not quite as misguided as cutting taxes while starting 2 wars, but its up there.

What we need to do is get people back to work through infrastructure investment and federal aid to the states. When people are back to work, stop collecting unemployment and food stamps and start paying taxes again, the deficit problem that republicans created will solve itself.

In response to ThatWasMe's comment:

They know they will be gone when it all collapses on us!

 

MORE THREADS!

WE MUST HAVE MORE THREADS!

In response to UserName99's comment:

More "shovel ready" projects?

Like the 850 billion stimulus?

Where is that money?

Where are the jobs from that spending?

That the President said would bring unemployment down to 5 percent.

850 billion borrowed from China.

What did it give us?

23-24 million unemployed, record high amounts of citizens on food stamps, welfare and disability.

In response to WhatDoYouWantNow's comment:

You are like a loud alarm that's still malfuntioning even though it said it wouldn't go off any more.

Please stay in the other posts and let others talk here.

Thank you

In response to tvoter's comment:

You aren't talking. You're pamphleteering.

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In response to UserName99's comment:

The govt is the worse entity to depend on for job creation.

The avg job created by the stimulous cost us about 150,000 dollars!!

In response to tvoter's comment:

 

To wit, the above.

DWL lays out what economists are saying. Do you respond directly to that? No. You simply call it "BS" and blare away on your horn again, always the same notes. That isn't communication. It's simply the act of talking at someone. Not with them.

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Tvoter.  We do not have a $16 trillion deficit.  We have a $16 trillion debt.  We have a $1 trillion deficit. 

There are no discussions about cutting the debt.  the discussions are for cutting the deficit.

And yes, if a reduction in the deficit is not done at the right time, it will lead to a recession.  Adding to the deficit can stimulate the economy and cutting the deficit will contract the economy.  The only way a cut in the deficit will not result in a recession is if we already have high interest rates and those rates go down as the deficit narrows or if the economy is heating up and there is a real threat of inflation.

You really should take freshman level macroeconomics course. 

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In response to WhatDoYouWantNow's comment:

There is an economist on the fiscal conservative side for every one on the fiscal liberal side it's differing educated opinions!

Did you notice the "imho" on my post??

It means "in my humble opinion" dovch bag!

In response to DirtyWaterLover's comment:

The are directly related but, thanks for trying to talk down to someone above you.

The plan the dems have WILL NOT balance our budget! 

If, we balance the deficit, we do not add to the debt, if we keep running deficits we keep adding debt!!

When you or greece or spain are spending way more than you bring in lendors will say; we cant loan you more because you have no realistic way to pay us back OR we will loan you more we will just charge you much more in interest.

Every liberal thinks because we are not as bad as other countries or because we can print our own money that these basic principles do not apply to our country!

The idea that just because we are not as bad off as them now or so much bigger than them  so, we can still add more and more debt and borrow more and more until we miraculously find our way out of this is assinine!!

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In response to DirtyWaterLover's comment:

Probably benefit from a basic US history class too.

In response to NO MO O's comment:

You're right.  I tend to ignore morons.

In response to tvoter's comment:

That's like putting "I don't mean to offend anyone" before saying something blatantly offensive, and then acting surprised when someone says "da fuq?!"

 

You're missing the point. You just keep on starting threads on the same thing. You say the same things, and you completely ignore the responses to them, simply repeating the party line.

 

Pamphleteering.

In response to WhatDoYouWantNow's comment:

This is the first thread I have started on the actual reported dem plan. I have started other threads relating to the "fiscal cliff" and dems unwillingness to compromise though.

Like I have said before; do NOT feel like anyone especially me will mind if, you do not click on my posts!!

Thank you

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In response to 12-Angry-Men's comment:

What do you want proven skippy?

That dems refuse to make any compromises; yet will try to blame the republicans?

that taxing the rich will not eliminate deficits?

what??