Teufelaffe: theorellior: Maybe the citizenry should actually pay for the government they receive? All those hawt missles and totally sexy stealth airplanes didn't just buy themselves.Well maybe those planes and missiles should get jobs already and quit suckling off the government teat.
HeadLever: Not sure why you think that we should make it worse with more spending and more debt.
fickenchucker: HotWingConspiracy: fickenchucker: What a bunch of poop-flinging idiots FARK has devolved into. The constant denial that spending is way higher than it should be is astounding.You sound smart, how much should we really be spending?Even with the sarcasm, I'll answer it. Spending should be on par with revenues, or a few percent less to chip away at the bloated debt.
IrateShadow: How about no. When one person doesn't want to get farked and another person wants to fark them with a hacksaw, the compromise is not farking them with a hammer.
HeadLever: un4gvn666: All these hoops to jump through and logical pretzel-twists, just to avoid the reality that taxes have to go up.Many republicans do not have an issue with increasing revenues, as many have supported the notion that we can reduce loopholes to get this done. Krauthammer is apparently on board. If some Democrats would maybe start supporting this notion as well and stop carpet-bombing those that are willing to work toward this path, we may start to see some movement in this regard, while at the same time marginalizing those repbulicans that are truley a roadblock toward this goal.
Dusk-You-n-Me: Because the debt isn't our biggest problem. It's not even in the top five.
MFK: Reducing loopholes" is doublespeak for "let's take away the few benefits the middle class gets from the tax code so the ultra wealthy don't have to see their nearly non-existant tax rates increase".
MFK: The current system is rigged in favor of the top 10% earners.
Oerath: Hell, everyone's taxes should jump a few ticks.
HeadLever: If you don't fix the debt, you are going to ensure that we will never have a growing and robust economy.
HeadLever: Right now the spending is about 22.7% of GDP (and expected to increase due to SS, medicare and additional interest obligations).
HeadLever: Dusk-You-n-Me: Why?[theeconomiccollapseblog.com image 640x466]
Dusk-You-n-Me: SS has nothing to do with the debt.
Dusk-You-n-Me: I know you enjoy that graph, but that's not an answer to my question.
HeadLever: Teufelaffe:[imgs.xkcd.com image 461x295]Strike out 'MY" in your pic and replace with "CBO". That is what they get paid to do.
HeadLever: Then why is the SS trust fund part of the total goverment debt? It has quite a bit to do with our debt.
HeadLever: If you want to spend money on items that have a significant ROI or does serve a legitimate goverment function, then I could be persuaded,
HeadLever: just to employ ditch diggers is not a path that we should go down.
HeadLever: Sure it is.
Dusk-You-n-Me: fickenchucker: Descending from the top of Mount Everest isn't something of which you should feel safe. You're still way too high to breath easily.That's not an answer. If you don't know how much spending has increased since Obama took office your claims that it's too high don't hold any water.The deficit as a % of GDP has shrunk faster in the last three years than at any time since WWII.We do have a spending problem. We aren't spending enough.
fickenchucker: Obama spent to much at first, and with those insane deficits
fickenchucker: Libby-libs decried deficit spending when Reagan was in office, and again when W was---why is it OK now, when it's so much higher than them?
rdalton: Teufelaffe: Cletus C.: cameroncrazy1984: Cletus C.: Saborlas: Because we're totes not suffering due to insanely low tax rates already.Who is suffering from this?The budget.What budget?The budget with the power.What power?(points for the obscure Labyrinth reference!!)
HeadLever: MFK: Reducing loopholes" is doublespeak for "let's take away the few benefits the middle class gets from the tax code so the ultra wealthy don't have to see their nearly non-existant tax rates increase".Hmm, I wasn't aware the the wealthy did not use tax loop holes. My mistake then./lol
Cletus C.: LasersHurt: Cletus C.: cameroncrazy1984: Cletus C.: Saborlas: Because we're totes not suffering due to insanely low tax rates already.Who is suffering from this?The budget.What budget?Cut the shiat and make your objection, everyone knows what you're trying to say. This fake Socratic BS is annoying./what objection?OK. The original statement implying that "we're" suffering because of insanely low tax rates leaves me wondering exactly who is suffering. I'm not suffering. Are you suffering? The rich certainly aren't suffering."The budget" is a rather vague answer, especially considering there currently is no budget. Perhaps a budget envisioned by somebody.
Oerath: GODDAMNIT PEOPLE! The last farking thing we need is more tax cuts. Hell, everyone's taxes should jump a few ticks. And Capital Gains and other top tier taxes by at least double what the lower brackets increase. How the hell are we as a society so selfish that we are incapable of seeing this!?
HeadLever: MFK: The current system is rigged in favor of the top 10% earners.Well, then, let's reduce teh amount of tax loopholes they have avalible to them as Feldstein proposes. If you were going to only tax the rich, you would not get very far in the way of deficit reduction. For any significant deficit reduction to take place, the middle class is going to have to participate.Oh, and here is a little blub calling our your retared assertion that tax loopholes are only for the middle class:
HeadLever: It sure is. It may not be our most pressing problem, but I'll argue that it is one of our biggest...
Teufelaffe: HeadLever: Teufelaffe:[imgs.xkcd.com image 461x295]Strike out 'MY" in your pic and replace with "CBO". That is what they get paid to do.OK, now find us that pretty graph sourced directly from the CBO instead of pulled from some economic doom and gloom blog.
Teufelaffe: OK, now find us that pretty graph sourced directly from the CBO instead of pulled from some economic doom and gloom blog.
Dusk-You-n-Me: Anyone (even Obama) claiming SS needs to be cut, or adjusted because of the debt is wrong. SS is solvent for 25 years.
Car_Ramrod: By Charles KrauthammerLOL NO.
HeadLever: Teufelaffe: OK, now find us that pretty graph sourced directly from the CBO instead of pulled from some economic doom and gloom blog.here you go PDF WARNING
MFK: I find it interesting that not a one of you republicans is willing to point to which loopholes are going to magically reduce the deficit.
that bosnian sniper: First, austerity does not work in economic downturns. Never has, still hasn't, never will. This is not debatable; it is demonstrable fact.
that bosnian sniper: That's from 2009, and the GAO. Just sayin'.
Dusk-You-n-Me: Non-filled-in-interest-portion aside, the outlook is better.
Dusk-You-n-Me: And the fact that we're even discussing what the debt may look like in thirty years is a gift to the GOP, and should put to rest any notion that Obama is a liberal.
Dusk-You-n-Me: Can we expect you to post the newer-by-three-years chart from now on?
HeadLever: Really? If that is what you consider as fact, I guess I can write you off as a hack. No need to read any further.
Links are submitted by members of the Fark community.
When community members submit a link, they also write a custom headline for the story.
Other Farkers comment on the links. This is the number of comments. Click here to read them.
You need to create an account to submit links or post comments.
Click here to submit a link.
Also on Fark
Submit a Link »
Copyright © 1999 - 2017 Fark, Inc | Last updated: Aug 23 2017 16:36:58
Runtime: 0.571 sec (570 ms)