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Old 08-24-2009, 01:12 PM   #1 (permalink)
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Default Thoughts on new deficit #'s

Sounds like the great one has us back on the path to getting our country out of debt just like he said he would. He has cut our projected deficit from 7 trillion dollars down to only 9 trillion

At this rate we will spend our way out of debt just like Joe Biden said we could.


Soon the wealth will be evenly distributed between us all, and once we get past our tired old ways of the past. We can all live happily ever after.

Growing deficit frames health care debate - USATODAY.com
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Old 08-24-2009, 01:25 PM   #2 (permalink)
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No big.. What's another couple trillion? Might as well go down in style.. Lol
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Old 08-24-2009, 01:45 PM   #3 (permalink)
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Spend our way out of debt...too funny. Sad thing is some people believe in this theory. All redistributing the wealth will do is make lazy people equal to those of us that work and earn our way...and make the rich stop investing or being motivated to make a buck.

Which means there won't be any money to redistribute. Time to learn to speak Chinese or Mexican.
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Old 08-24-2009, 02:01 PM   #4 (permalink)
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Quote: Originally Posted by Coben Majere View Post
Spend our way out of debt...too funny. Sad thing is some people believe in this theory. All redistributing the wealth will do is make lazy people equal to those of us that work and earn our way...and make the rich stop investing or being motivated to make a buck.

Which means there won't be any money to redistribute. Time to learn to speak Chinese or Mexican.

chixican?
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Old 08-24-2009, 02:07 PM   #5 (permalink)
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Quote: Originally Posted by Coben Majere View Post
Spend our way out of debt...too funny. Sad thing is some people believe in this theory. All redistributing the wealth will do is make lazy people equal to those of us that work and earn our way...and make the rich stop investing or being motivated to make a buck.

Which means there won't be any money to redistribute. Time to learn to speak Chinese or Mexican.

I'm thinking chinese, they have all the money anyway.
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Old 08-25-2009, 10:28 AM   #6 (permalink)
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I just heard this morning in passing the TV, that the budget is 19% underfunded....any one for tax hikes?
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Old 08-25-2009, 10:36 AM   #7 (permalink)
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i give up
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Old 08-25-2009, 10:43 AM   #8 (permalink)
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U.S. National Debt Clock : Real Time

^^ check out medicare fraud, medicare/medicaid unfunded liability, Social security liability, and prescription drug liability. These look like successful programs to you?

Pretty bad when medicare fruad has its own place in the national debt clock.. Every citizen in the country now owes $191,841 as of 11:10am

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Old 08-25-2009, 11:13 AM   #9 (permalink)
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It's gong to be ok, he' going to fix it in 2011.

Barack Obama vows further deficit-cutting - Mike Allen - POLITICO.com

I just like the Further deficit cutting part. That to me implies it's already been cut, and now they will cut it further.

oh. wait that right they cut it from 7 trillion down to 9 I forgot.

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Old 08-25-2009, 11:44 AM   #10 (permalink)
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It was Bush's fault, c'mon, get with the program!

“More than half of the projected deficits over the next 10 years are directly attributable to the previous administration’s failure to follow the pay-as-you-go principle,” the White House said.

Read more: Deficit projection grows by $2 trillion - Mike Allen - POLITICO.com
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Old 08-25-2009, 11:54 AM   #11 (permalink)
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Quote: Originally Posted by enginjoe View Post
It was Bush's fault, c'mon, get with the program!

“More than half of the projected deficits over the next 10 years are directly attributable to the previous administration’s failure to follow the pay-as-you-go principle,” the White House said.

Read more: Deficit projection grows by $2 trillion - Mike Allen - POLITICO.com

huh...You sould already know, everything is Bush's fault.

I did see that part, I wonder how long we will continue to here "Bush's fault". It doesn't really matter who's fault it is now. If someone doesn't do something about it soon, we will all be screwed. Although it's probably to late for that.

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Old 08-25-2009, 01:08 PM   #12 (permalink)
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What's funny is they want to de-emphasize the fact that the current administration is responsible for a good portion of the deficit already, after only 9 months. What is going to happen in the next 3 years? It should be interesting...
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Old 08-25-2009, 02:49 PM   #13 (permalink)
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yea its pretty terrible that he uses the excuse, "well the previous administration did it!"
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Old 08-25-2009, 09:20 PM   #14 (permalink)
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Quote: Originally Posted by enginjoe View Post
What's funny is they want to de-emphasize the fact that the current administration is responsible for a good portion of the deficit already, after only 9 months. What is going to happen in the next 3 years? It should be interesting...


In three years, if things continue on the way they are, I'd have to say the situation would be pretty grim. Probably beyond repair.. My guess is that we would be nearing the end of this government.
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Old 08-26-2009, 12:32 AM   #15 (permalink)
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Quote: Originally Posted by racinready300ex View Post
huh...You sould already know, everything is Bush's fault.

I actually heard that the dinosaurs went extinct due to Bush. Man, he is a big jerkface. It is nice to have someone to always blame things on though.

Thanks for these crabs Bush!

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