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(WRCB)   Obama's budget heading to Congress where it will [insert your own metaphor for a slow painful death here]   (wrcbtv.com) divider line 20
    More: Obvious, obama, congresses, Mitch McConnell of Kentucky, House Budget Committee, threat model  
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544 clicks; posted to Politics » on 13 Feb 2012 at 8:45 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-02-13 08:57:37 AM  
2 votes:

Alphax: Cokie Roberts on NPR this morning was saying that of course it's not going to pass, or any other budget this year, but it'll show what Obama's priorities are.


Sounds like his priority is to pass a goddamn budget.
2012-02-13 07:23:51 PM  
1 votes:
For all you misinformed, there are about 23 job bills that the House has passed that's just sitting on Reid's desk that he will not bring up for a vote. Also, the Senate does not need a single Republican vote to pass the budget. It only takes a majority vote to pass and the Dems have a majority. So if it doesn't pass, blame the Dems. (THERE'S your "do nothing" Congress.) In fact, the Dems had the White House and both houses of Congress for over two years and could pass anything they wanted and look at the condition our country is in now. You really want to continue this? Either ya'll are smoking a LOT of MJ or you're REALLY stupid.
2012-02-13 03:45:07 PM  
1 votes:

rohar: why would you suggest we not borrow?


You seem to think that the interest on the debt is 0% and will be for the next ten years. Consider the housing market and how that turned out, the thinking was the same.
2012-02-13 02:42:06 PM  
1 votes:

rohar: but they aren't cutting anything.
it's as if you used the credit card for half your purchases because you had no money, you spent $53.24 on food last week, $48.40 the week before, $44 two weeks ago, and $40 three weeks ago.
then next week you'll spend $58.03 on food, instead of $58.55. you increased spending this week only 9% instead of 10%.
that's not a spending cut. and it won't delay your impending financial demise by one second. by 2020 we will spend more money on debt service than we do right now on all the wars and DOD budget combined. obama will go down as the worst president in history between the all the Constitution shredding and the financial shiat hole he'll leave us in.

If I had a negative interest rate on my credit card, that's exactly what I would do an every dollar charged rather than paid cash would be debt reduction.

The fed currently has a negative real interest rate, so...



and governemnt finance are just like your household finances.
and our rates have always been like this and more importantly will always be like this in the future.
so this is a solid permanent fiscal policy to build this country on.
2012-02-13 01:58:51 PM  
1 votes:

James!: So having a 1Trillion deficit each year, and carrying that deficit along each year, and calling cuts to proposed increases on each years budget counts as 4 trillion dollar cut? Its akin to saying "I borrow 10k each year to finance my lifestyle, so I plan to only increase my borrowing a little slower than I planned to in the future, so I am calling it a 'cut' on my spending. Sorry dude, people who fall for the "Obama is cutting spending" are the ones that do not get it. I am just trying to get people to understand that it is not a cut AT ALL. If I can say that I plan to spend 1 trillion dollars tomorrow, and then decide to only spend 500 Billion, I can't call that a 500 Billion cut. Its literally called a 'cut' for the idiots that cannot do math. I can do math, can you?

By this logic, a balanced budget over the next 10 years would be ~ (1.5Trillion x 10 years = 15 TRILLION cut.) Well, its money we didn't have anyw ...

If I cut my spending on food from $50 to $20 I'll be pretty happy that I just saved $30.
At least until Dozenutz comes along and screams "YOU STILL SPENT $20 ON FOOD!!!! HOW IS IT A CUT IF YOU STILL SPENT ANY MONEY!!! LIAR1!!".

And then I'll frown and shake my head and walk away from the crazy person.




but they aren't cutting anything.
it's as if you used the credit card for half your purchases because you had no money, you spent $53.24 on food last week, $48.40 the week before, $44 two weeks ago, and $40 three weeks ago.
then next week you'll spend $58.03 on food, instead of $58.55. you increased spending this week only 9% instead of 10%.
that's not a spending cut. and it won't delay your impending financial demise by one second. by 2020 we will spend more money on debt service than we do right now on all the wars and DOD budget combined. obama will go down as the worst president in history between the all the Constitution shredding and the financial shiat hole he'll leave us in.
2012-02-13 12:37:29 PM  
1 votes:

bikerific: DozeNutz: You still do not get it. Its money we are borrowing. Are you borrowing $50 for groceries? Or is it money coming out of your own pocket? So if you borrow $50, but only spend $20 of that borrowed money, can you call that a $30 cut?


Yes.

Last month, I spent $50. This month, I spent $20.

I have cut my spending by $30.

Maybe I'm still carrying a balance on my credit card, so I am still deficit spending. But I have cut spending.

Isn't that good? Isn't that the first step if you are spending more than you are taking in? Literally, step 1: Spend less. It doesn't solve the structural problem, but it is the first step.


I guess your option is "Spend nothing! Don't buy groceries!" but that seems to have some negative implications.


you forget that the budget INCREASES every year. So calling a cut to an increase is spending more money, just 'less' more money. He is still spending more money than he did last year, and last years budget spent more than it did in the previous budget. Oh yeah, do not forget increasing interest payments every year too. So every dollar that you spend over budget, will have to be paid back in the next years budget, plus the extra that you spent the year before that.

2008 - I will only deficit spend $100
2009 - I will only deficit spend $110
2010 - I will only deficit spend $120
2011 - I will only deficit spend $129 - Obama calls it a $1 cut.... Do you get what I'm saying now?

Yeah, I guess it is better than planning on spending more, but its not a cut. He is still increasing spending each year.

I just need people to get this through their heads.
2012-02-13 12:27:03 PM  
1 votes:

LasersHurt: Cletus C.: LasersHurt: Cletus C.: LasersHurt: Cletus C.: If nothing else, Obama's shadow budget shows that following his "tax-the-rich" campaign mantra will do nothing to cut the deficit. Ten-year plans are for suckers. He wasn't even serious with this one.

You think the only way to be serious with a nation-sized budget with decades of damage is to try to fix it all in what, a single year?

Uh, no. But accomplishing something in a single year might make a good start.

So creating a budget that would start the process, combining federal agencies for efficiency, work programs, tax incentives, etc etc etc etc doesn't count as "accomplishing something"?

I honestly don't know where the goal posts are with you - what would satisfy you that the Obama Administration is "doing something"?

Real and immediate reductions in spending. Say the deficit is now X, in my budget the deficit will immediately be X-. His budget immediately increases spending. Get it?

If we continue to let our nation decay and corrode by cutting education and infrastructure, we'll never have the strength long-term to EVER pay our debts. Get that? Our future requires investment now because we farked it up badly. A long-term plan is the only plan that makes sense.


If overspending doesn't work, try overspending. Got it.

Just for fun.
We are spending more on education than ever. Ever.
We are spending more on infrastructure than ever. Ever.
You just aren't getting as much education and infrastructure for the buck these days, it seems.
2012-02-13 12:13:00 PM  
1 votes:

James!: DozeNutz: You still do not get it. Its money we are borrowing. Are you borrowing $50 for groceries? Or is it money coming out of your own pocket? So if you borrow $50, but only spend $20 of that borrowed money, can you call that a $30 cut?

Wait, did we stop collecting taxes?


LOL! Way to change the subject... You will not even come to an agreement on the FACT that calling cuts to proposed increases = REAL CUTS. Its a shame when your political ideology has you deny logic
2012-02-13 11:16:14 AM  
1 votes:

James!: DozeNutz: LasersHurt: DozeNutz: James!: DozeNutz: 4 trillion in cuts over the next decade, but the spending still increases.... so how is it a 4 trillion cut? IT ISN'T.

Broke and Chains '12

Wow, think about it for two seconds. He can increase overall spending while increasing spending in some areas. If he increases spending in education and cuts that money out somewhere else it won't increase overall spending.

That's pretty obvious.

so tell me again how its going to 'cut' 4 trillion? we are still spending more than we can afford, and somehow its a cut to spend a tiny bit less over the next 10 years that has an increasing deficit each year? So please stop it with that 'cut' bs. He isn't cutting anything on anything. He is still spending more and more each year, while the National debt goes up at least a Trillion each year.

To say he is shifting money from one to another, but the spending still increases, how is it a cut? He is lying to everyone.

Did you ever stop and think "If I'm the only one having trouble here, maybe I just don't understand?"

So having a 1Trillion deficit each year, and carrying that deficit along each year, and calling cuts to proposed increases on each years budget counts as 4 trillion dollar cut? Its akin to saying "I borrow 10k each year to finance my lifestyle, so I plan to only increase my borrowing a little slower than I planned to in the future, so I am calling it a 'cut' on my spending. Sorry dude, people who fall for the "Obama is cutting spending" are the ones that do not get it. I am just trying to get people to understand that it is not a cut AT ALL. If I can say that I plan to spend 1 trillion dollars tomorrow, and then decide to only spend 500 Billion, I can't call that a 500 Billion cut. Its literally called a 'cut' for the idiots that cannot do math. I can do math, can you?

By this logic, a balanced budget over the next 10 years would be ~ (1.5Trillion x 10 years = 15 TRILLION cut.) Well, its money we didn't ...


You still do not get it. Its money we are borrowing. Are you borrowing $50 for groceries? Or is it money coming out of your own pocket? So if you borrow $50, but only spend $20 of that borrowed money, can you call that a $30 cut?
2012-02-13 11:11:55 AM  
1 votes:

James!: Cletus C.: Real and immediate reductions in spending. Say the deficit is now X, in my budget the deficit will immediately be X-. His budget immediately increases spending. Get it?

You may as well wish for a unicorn because no president will ever suggest that and no congress would ever pass it. It would be a terrible idea and political suicide.


For Gawd's sake then, let's stop with the charade. No more deficit-reduction panels, no more Super Committees. No more saying confiscating wealth will solve all our problems.

We'll all be better for it.
2012-02-13 11:05:02 AM  
1 votes:
It's cute that Obama is still counting the withdrawal from Iraq as a spending cut. Even the CBO days that is not a real cut as they knew the spending would stop at some point.
2012-02-13 11:01:18 AM  
1 votes:
Democrats up for re-election this November will probably not vote on his budget proposal for a tax increase....because we all know Dims have a very strong sense of self preservation....they are running a con game and we are all marks.
2012-02-13 11:01:06 AM  
1 votes:

James!: Cat Food Sandwiches: Before everyone gets their panties in a wad about the Republicans, Mitch McConnell has said he will introduce the budget in the Senate. Then we'll see who votes for it.

It has to start in the House. What's Boehner up to?


No it doesn't. Both house and senate pass budget resolutions, filibuster is not allowed, then the resolutions are reconciled. The house passed 2 resolutions last year. The senate has not passed one in 3 years.
2012-02-13 10:57:54 AM  
1 votes:
So.

If I understand the logic, Obama's budget raises taxes on the richest 1% by 1 billion dollars over ten years and cuts taxes on the 99% by 1 trillion dollars over the same period.

At the same time, he proposes increases spending by ten trillion dollars in 2012.

And this balances the budget, results in world peace, and ends poverty by the year 2020.

How could anyone be against it!? Who's evil enough to want children to starve?
2012-02-13 10:37:16 AM  
1 votes:
A slow and painful death? Obama's budget will get to the right people in the house and then instantly shrederized. That does not seem like a slow and painful time. More quick and easy.... like a guillotine.

Every budget Obama has proposed has been a joke so no outrage here.
2012-02-13 10:32:12 AM  
1 votes:

LasersHurt: DozeNutz: James!: DozeNutz: 4 trillion in cuts over the next decade, but the spending still increases.... so how is it a 4 trillion cut? IT ISN'T.

Broke and Chains '12

Wow, think about it for two seconds. He can increase overall spending while increasing spending in some areas. If he increases spending in education and cuts that money out somewhere else it won't increase overall spending.

That's pretty obvious.

so tell me again how its going to 'cut' 4 trillion? we are still spending more than we can afford, and somehow its a cut to spend a tiny bit less over the next 10 years that has an increasing deficit each year? So please stop it with that 'cut' bs. He isn't cutting anything on anything. He is still spending more and more each year, while the National debt goes up at least a Trillion each year.

To say he is shifting money from one to another, but the spending still increases, how is it a cut? He is lying to everyone.

Did you ever stop and think "If I'm the only one having trouble here, maybe I just don't understand?"


So having a 1Trillion deficit each year, and carrying that deficit along each year, and calling cuts to proposed increases on each years budget counts as 4 trillion dollar cut? Its akin to saying "I borrow 10k each year to finance my lifestyle, so I plan to only increase my borrowing a little slower than I planned to in the future, so I am calling it a 'cut' on my spending. Sorry dude, people who fall for the "Obama is cutting spending" are the ones that do not get it. I am just trying to get people to understand that it is not a cut AT ALL. If I can say that I plan to spend 1 trillion dollars tomorrow, and then decide to only spend 500 Billion, I can't call that a 500 Billion cut. Its literally called a 'cut' for the idiots that cannot do math. I can do math, can you?

By this logic, a balanced budget over the next 10 years would be ~ (1.5Trillion x 10 years = 15 TRILLION cut.) Well, its money we didn't have anyways, how is it a cut? Stop being disingenuous.
2012-02-13 10:17:24 AM  
1 votes:

James!: DozeNutz: 4 trillion in cuts over the next decade, but the spending still increases.... so how is it a 4 trillion cut? IT ISN'T.

Broke and Chains '12

Wow, think about it for two seconds. He can increase overall spending while increasing spending in some areas. If he increases spending in education and cuts that money out somewhere else it won't increase overall spending.

That's pretty obvious.


so tell me again how its going to 'cut' 4 trillion? we are still spending more than we can afford, and somehow its a cut to spend a tiny bit less over the next 10 years that has an increasing deficit each year? So please stop it with that 'cut' bs. He isn't cutting anything on anything. He is still spending more and more each year, while the National debt goes up at least a Trillion each year.

To say he is shifting money from one to another, but the spending still increases, how is it a cut? He is lying to everyone.
2012-02-13 09:15:32 AM  
1 votes:

Cat Food Sandwiches: James!: Cat Food Sandwiches: Before everyone gets their panties in a wad about the Republicans, Mitch McConnell has said he will introduce the budget in the Senate. Then we'll see who votes for it.

It has to start in the House. What's Boehner up to?

We all know it won't pass the House. But, I don't believe it will pass in the Senate either. Remember, Obama's last budget failed 98-0 in the Senate. But everyone please feel free to continue blaming the Republicans.


The budget is but one part of our dysfunction. The Republicans have plenty to be ashamed of, they just get to share this bit with the Democrats too.
2012-02-13 08:58:21 AM  
1 votes:

James!: Cat Food Sandwiches: Before everyone gets their panties in a wad about the Republicans, Mitch McConnell has said he will introduce the budget in the Senate. Then we'll see who votes for it.

It has to start in the House. What's Boehner up to?


We all know it won't pass the House. But, I don't believe it will pass in the Senate either. Remember, Obama's last budget failed 98-0 in the Senate. But everyone please feel free to continue blaming the Republicans.
2012-02-13 08:57:04 AM  
1 votes:
Obama's budget heading to Congress where it will

find a new definition of pain and suffering as it is slowly digested over a thousand years?
 
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