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Xceler8x
Xceler8x GRM+ Memberand SuperDork
7/15/11 8:09 p.m.

Obama is handling this fight great. He has shown the Republicans are not really about cutting the deficit. They're really about protecting the interests of the wealthy including corporations. The could care less about their spear carriers, the tea party, or the anyone lower on the socio-economic ladder than upper upper class.

Btw - Tea party seems to consist of people who are really poor at math. Especially as it pertains to economics.

If the debt ceiling isn't raised we'll be living in a 3rd world country inside of 10 years. Which seems to suit the Republicans/Tea party just fine.

fast_eddie_72
fast_eddie_72 Dork
7/15/11 8:24 p.m.

You know, the one thing I left out.

The debt ceiling will be raised. I guarantee it. The Republicans know the consequences of not doing it. I 100% guarantee, one way or another, they'll do it. My guess is they're going to wait for another midnight vote and then say "we tried, but Obama won't cut spending". Even though they could agree to a deal right now that would cut 1.4 Trillion.

Salanis
Salanis SuperDork
7/15/11 8:46 p.m.
John Brown wrote: Yes, eliminate the people that want the programs and there will be no need for the programs resulting in a budget surplus!

What A Modest Proposal!

John Brown
John Brown GRM+ Memberand SuperDork
7/15/11 8:54 p.m.
Salanis wrote:
John Brown wrote: Yes, eliminate the people that want the programs and there will be no need for the programs resulting in a budget surplus!
What A Modest Proposal!

The problem, and everyone knows it, Irish food is terrible.

oldsaw
oldsaw SuperDork
7/15/11 9:39 p.m.
fast_eddie_72 wrote: You know, the one thing I left out. The debt ceiling will be raised. I guarantee it. The Republicans know the consequences of not doing it. I 100% guarantee, one way or another, they'll do it. My guess is they're going to wait for another midnight vote and then say "we tried, but Obama won't cut spending". Even though they could agree to a deal right now that would cut 1.4 Trillion.

Yes, everyone should bend over and accept a 1.4T reduction after the President offers a proposed budget that brings a 10.0T deficit.

You really want that kind of fiscal responsibility?

carguy123
carguy123 SuperDork
7/15/11 10:09 p.m.
Xceler8x wrote: Obama is handling this fight great. He has shown the Republicans are not really about cutting the deficit. They're really about protecting the interests of the wealthy including corporations. The could care less about their spear carriers, the tea party, or the anyone lower on the socio-economic ladder than upper upper class. Btw - Tea party seems to consist of people who are really poor at math. Especially as it pertains to economics. If the debt ceiling isn't raised we'll be living in a 3rd world country inside of 10 years. Which seems to suit the Republicans/Tea party just fine.

Are you from an alternate universe? I can't figure out how you could an idea get anything like this from what's been going on.

HiTempguy
HiTempguy Dork
7/15/11 10:19 p.m.
carguy123 wrote: Are you from an alternate universe? I can't figure out how you could an idea get anything like this from what's been going on.

Clearly, as noted by his avatar, he truly does think communism is a party... or, he is a really, REALLY clever troll (I honestly think its the latter).

Slow clap for you good sir, well played!

keethrax
keethrax HalfDork
7/15/11 10:23 p.m.
carguy123 wrote:
Xceler8x wrote: Obama is handling this fight great. He has shown the Republicans are not really about cutting the deficit. They're really about protecting the interests of the wealthy including corporations. The could care less about their spear carriers, the tea party, or the anyone lower on the socio-economic ladder than upper upper class. Btw - Tea party seems to consist of people who are really poor at math. Especially as it pertains to economics. If the debt ceiling isn't raised we'll be living in a 3rd world country inside of 10 years. Which seems to suit the Republicans/Tea party just fine.
Are you from an alternate universe? I can't figure out how you could an idea get anything like this from what's been going on.

Which part do you think he got wrong? I have some issue with his characterization of Obama handling it "great" (or even good for that matter) but he's dead on about the GOP.

If the GOP really wanted a balanced budget, it would have been balanced when they controlled the whole thing. Funnily enough, they didn't because they don't. They just trot it out as an excuse to gut specific programs that they have ideological reasons to hate.

Name the last GOP administration to have a balanced budget. Then get back to me about the GOP giving a rat's ass about a balanced budget. Alternatively, look at debt vs GDP (because raw debt #s are harder to meaningfully compare) for where the "kink" for the current spike is. Hint: It predates Obama.

Am I happy about it? Nope. But I'm not dumb enough to fall into the "ZOMG! Obama did this!" and "the GOP is all about fiscal responsibility" bullE36 M3. Even with an otherwise reasonable budget (note: I'm not calling anything put out by Obama and company at this point reasonable) someone has to pay for the excesses of the almost exclusively republican administrations of the past few decades (remember that question about the last balanced budget for the GOP, try asking the same for a Democrat president, it's easy). And that's simply not happening without tax increases to go with cuts.

So any plan that doesn't involve both is 100% not interested in the deficit or balanced budget. Tea Party? I'm looking at you. With that in mind, if we're talking the big two, I see one proposing both (though not enough cuts) and one not. One approach is more fiscally responsible (in terms of debt and balanced budgets anyhow) than the other. But note: more responsible does not equal responsible it just equals less irresponsible.

My apologies to fast eddie for editing this out from under him a bit.

fast_eddie_72
fast_eddie_72 Dork
7/15/11 10:34 p.m.
keethrax wrote: If the GOP really wanted a balanced budget, it would have been balanced when they controlled the whole thing. Funnily enough, they didn't because they don't. They just trot it out as an excuse to gut specific programs that they have ideological reasons to hate.

Watch and this will be proven true. Will they take the cost cutting measures they could get RIGHT NOW? No. They will find a way to weasel out of any responsibility but still get the debt ceiling raised so they can come back later and say "If we'd only eliminated every program in the government like we wanted to, we'd have a balanced budget now!"

The difference between Democrats and Republicans on this one is the Democrats are mostly just trying to position themselves. The Republicans are entirely trying to position themselves on this one. They have zero interest in getting anything accomplished in this fiasco except trying to make Obama look bad. I could be wrong, and we'll see for sure soon enough, but I think Obama is playing them so far. We'll see.

keethrax wrote: Name the last GOP administration to have a balanced budget. Then get back to me about the GOP giving a rat's ass about a balanced budget. Alternatively, look at debt vs GDP (because raw debt #s are harder to meaningfully compare) for where the "kink" for the current spike is. Hint: It predates Obama.

Doesn't get a lot simpler than that. Well, okay. Name the last Democratic administration to have a balanced budget. Oh, what's that? The last one we had you say. Didn't see that coming. Well if the Republicans had had any power in the House or Senate... both of them? For how long?

Oh.

DILYSI Dave
DILYSI Dave SuperDork
7/16/11 8:53 a.m.

I'm about 90% sure you guys are right that the Republicans are just playing us, and that were they to get back in power they would be the same drunken sailors they were from 2000-2006. I have a small glimmer of hope that the years since then have knocked some sense back into their heads and they remembered that there are a bunch of us smaller government types who do vote, and have the ability to kick them out of office for a job poorly done.

SVreX
SVreX SuperDork
7/16/11 9:05 a.m.
DILYSI Dave wrote: I'm about 90% sure you guys are right that the Republicans are just playing us, and that were they to get back in power they would be the same drunken sailors they were from 2000-2006. I have a small glimmer of hope that the years since then have knocked some sense back into their heads and they remembered that there are a bunch of us smaller government types who do vote, and have the ability to kick them out of office for a job poorly done.

That is probably the single biggest victory for the Tea party.

oldsaw
oldsaw SuperDork
7/16/11 9:10 a.m.
DILYSI Dave wrote: I'm about 90% sure you guys are right that the Republicans are just playing us, and that were they to get back in power they would be the same drunken sailors they were from 2000-2006. I have a small glimmer of hope that the years since then have knocked some sense back into their heads and they remembered that there are a bunch of us smaller government types who do vote, and have the ability to kick them out of office for a job poorly done.

^This...........

Some people are still thrilled that someone like Obama could invigorate people who don't normally vote to go to the polls for him.

The same thing happened on the other side, where irresponsible spending by both parties rallied people to stop the madness. It just happened that the Republican party was the only choice that could even remotely have a chance of changing the diseased habits of the DC critters.

The financial meltdown (attributal to both parties) exposed the Beltway BS and public paid attention; they have been paying attention ever since. With the 2008 general election, voters expected the promised changes and didn't get what they voted for; the 2010 mid-terms showed that.

Voters are holding politicians accountable and they (the pols) are starting to pay attention - at least on one side; the other is still playing to it's fringe base and is becoming increasingly out-of-touch with reality.

JoeyM
JoeyM SuperDork
7/16/11 9:39 a.m.
oldsaw wrote: Voters are holding politicians accountable and they (the pols) are starting to pay attention - at least on one side; the other is still playing to it's fringe base and is becoming increasingly out-of-touch with reality.

Obama is trying to appeal to his base - all politicians do - but he doesn't view the liberal fringe as being part of that base. If he did, he would not say things like this:

Obama said: "Simply put, it will take a balanced approach, shared sacrifice, and a willingness to make unpopular choices on all our parts. That means spending less on domestic programs. It means spending less on defense programs. It means reforming programs like Medicare to reduce costs and strengthen the program for future generations. And it means taking on the tax code, and cutting out certain tax breaks and deductions for the wealthiest Americans."

Again, Obama's trying to appeal to the moderates. No matter what you think about him, that should be pretty clear.

Quote #2"

Obama said:

"Let's be honest. Neither party in this town is blameless," he said in his weekly address. "Both have talked this problem to death without doing enough about it. That's what drives people nuts about Washington."

oldsaw
oldsaw SuperDork
7/16/11 10:46 a.m.
JoeyM wrote:
oldsaw wrote: Voters are holding politicians accountable and they (the pols) are starting to pay attention - at least on one side; the other is still playing to it's fringe base and is becoming increasingly out-of-touch with reality.
Obama is trying to appeal to his base - all politicians do - but he doesn't view the liberal fringe as being part of that base. If he did, he would not say things like this:
Obama said: "Simply put, it will take a balanced approach, shared sacrifice, and a willingness to make unpopular choices on all our parts. That means spending less on domestic programs. It means spending less on defense programs. It means reforming programs like Medicare to reduce costs and strengthen the program for future generations. And it means taking on the tax code, and cutting out certain tax breaks and deductions for the wealthiest Americans."
Again, Obama's trying to appeal to the moderates. No matter what you think about him, that should be pretty clear. Quote #2"
Obama said: "Let's be honest. Neither party in this town is blameless," he said in his weekly address. "Both have talked this problem to death without doing enough about it. That's what drives people nuts about Washington."

Obama has turned over a new leaf, as of this week.

His rhetoric for the previous two and half years has been a "bit" less centrist-oriented than his current position.

Xceler8x
Xceler8x GRM+ Memberand SuperDork
7/16/11 11:11 a.m.

Ima let you guys finish but I got one thing to post.

The 5 wierdest things that control the economy.

http://www.cracked.com/article_19300_the-5-weirdest-things-that-control-global-economy.html?wa_user1=1&wa_user2=Science&wa_user3=article&wa_user4=feature_module

Xceler8x
Xceler8x GRM+ Memberand SuperDork
7/16/11 11:16 a.m.

If republickans care so much about the budget then went won't they remove tax cuts for the wealthy and corporate welfare like oil subsidies? Because they support the wealthy 1% above others. With them ideology trumps logic. same with the tea party.

92CelicaHalfTrac
92CelicaHalfTrac SuperDork
7/16/11 11:22 a.m.
Xceler8x wrote: If republickans care so much about the budget then went won't they remove tax cuts for the wealthy and corporate welfare like oil subsidies? Because they support the wealthy 1% above others. With them ideology trumps logic. same with the tea party.

Because it's not enough that they already pay the majority of the taxes for the entire country?

GAH!!!!! I GOT SUCKERED INTO YET ANOTHER COMPLETELY BULLE36 M3 THREAD.

keethrax
keethrax HalfDork
7/16/11 12:37 p.m.
92CelicaHalfTrac wrote: Because it's not enough that they already pay the majority of the taxes for the entire country?

And yet, the % of the wealth they control continues to go up just as it has for decades. Clearly their tax burden is killing them.

Note: I'm not arguing for taxing just them, quite the opposite. In fact, that was why I was pissed at the governor of MN during the shutdown here. "Let's fix our deficit by squeezing the top % or two a bit more" is bogus. But come on, it's real world time, pretending they're victims is laughable.

madmallard
madmallard Reader
7/16/11 1:53 p.m.

I'm sorry, regardless of party interest, I still can't believe there is an unawareness of how much more the problem is spending, and how insignificant the tax collection problem claimed is by comparison.

People are still trying to make out like its a problem that needs a little bit of both to be solved.

Its not true.

The spending volume is orders of magnitude larger than the volume represented by the tax revenue currently collected.

keethrax
keethrax HalfDork
7/16/11 3:29 p.m.
madmallard wrote: I'm sorry, regardless of party interest, I still can't believe there is an unawareness of how much more the problem is spending, and how insignificant the tax collection problem claimed is by comparison. People are still trying to make out like its a problem that needs a little bit of both to be solved. Its not true. The spending volume is orders of magnitude larger than the volume represented by the tax revenue currently collected.

More important? You bet your ass. That would be why I called out the Dem plan as unreasonable. But "Orders of magnitude" is ridiculous hyperbole. And any side that isn't considering doing both, clearly has no interest in solving the problem.

It's the standard GOP racking up bills and leaving it to the Dems to look like the bad guys and pay them that's been their M.O. for at least 30+ years.

Actually, now it's me being unrealistic. A bit of unnecessary hyperbole of my own. Bush the elder did his best to deal with the disaster left him by Reagan. And what happened to him? He got the axe because paying the bills is unpopular. Instead Clinton got a lot of undeserved credit for budget reforms and an economoy resurgence whose origins lie clearly with Bush and were then reinforced by an antagonistic GOP legislature. At most Clinton didn't break anything much, yet he gets a lot more credit that that which he doesn't deserve.

In fact, Bush the 1st is a great example of how bad deficits get for a while after someone who spends metric ass-loads of money they don't have. The first few years are almost guaranteed to be worse than those of the fiscally ridiculous predecessor as the new guy gets left holding the bag. We're now at the point where the trend needs to reverse, much as it did after a few years of Bush the 1st. And while not doing anywhere near enough the Dems plan at least does less bad than that of the GOP. And sadly "more" is all we get.

92CelicaHalfTrac
92CelicaHalfTrac SuperDork
7/16/11 3:43 p.m.
keethrax wrote:
92CelicaHalfTrac wrote: Because it's not enough that they already pay the majority of the taxes for the entire country?
And yet, the % of the wealth they control continues to go up just as it has for decades. Clearly their tax burden is killing them. Note: I'm not arguing for taxing just them, quite the opposite. In fact, that was why I was pissed at the governor of MN during the shutdown here. "Let's fix our deficit by squeezing the top % or two a bit more" is bogus. But come on, it's real world time, pretending they're victims is laughable.

I'm not saying they're victims, really... just that sheople like to point fingers at them for their assets. It just sounds like "They have more than me, so let's go after them and let me completely off the hook."

It's disgusting. But on the other hand, should they pay more? Yeah. They have more. So more, is a good thing on an absolute.

keethrax
keethrax HalfDork
7/16/11 3:48 p.m.
92CelicaHalfTrac wrote: I'm not saying they're victims, really... just that sheople like to point fingers at them for their assets. It just sounds like "They have more than me, so let's go after them and let me completely off the hook."

I agree there 100%. Like I said, here in MN that's what lost the Governor most of the high ground. If he had tried to tax more than a tiny fraction of the people to pay for something for the benefit of the whole state, he'd have sounded a lot more reasonable instead of just another tool playing the "always reduce taxes" or "tax only the rich" game that both parties try to use to get the vote of the ignorant.

If it hadn't been for the fact that the taxes he wanted to raise were to pay for the money essentially stolen by the GOP already, he wouldn't have had any high ground left at all.

madmallard
madmallard Reader
7/16/11 5:32 p.m.
keethrax wrote:
madmallard wrote: I'm sorry, regardless of party interest, I still can't believe there is an unawareness of how much more the problem is spending, and how insignificant the tax collection problem claimed is by comparison. People are still trying to make out like its a problem that needs a little bit of both to be solved. Its not true. The spending volume is orders of magnitude larger than the volume represented by the tax revenue currently collected.
More important? You bet your ass. That would be why I called out the Dem plan as unreasonable. But "Orders of magnitude" is ridiculous hyperbole. And any side that isn't considering doing both, clearly has no interest in solving the problem.

I'm sorry if you think that. But here's a couple of hypotheticals I've thrown down before that make me think this isn't hyperbole. Looking at this perspective, I can't imagine how the problem could be overstated...


The military budget, every jet, bomb, and brass pension, is a bit over $600 billion annual, and they are a department usually asked to make a cut by most people.

Setting aside wether they should make cuts, even if we ELIMINATE the entire military, we will -still- be operating at an annual deficit, and adding to the national debt.

And speaking of the national debt, lets put the tax revenues being collected into perspective:

http://www.usdebtclock.org/

The federal government collects about $2.2 trillion in tax revenue annually. The deficit is almost $1.4 trillion annually. The tax breaks that the Whitehouse is raising up about is unlikely to account for more than $10 billion under most reasonable accountings. The national debt, a product of our governments annual screwups of the budget for the last 50 or so years, is $14.5 trillion.

Its hard to wrap your head around, but lets shrink it to an individual scale.

this is the equivalent of having a $50,000 salary, being in credit card debt of about $370,000 dollars, still trying to spend $85,000 a year (leaving you with a house deficit of $35,000), and worrying madly over being able to cut about $300 a year in spending, while still demanding the credit card debt limit be raised to $450,000 at least.

keethrax
keethrax HalfDork
7/16/11 5:44 p.m.
madmallard wrote: Its hard to wrap your head around, but lets shrink it to an individual scale.

I'm familiar with the math. The fact that you're using the whitehouse plan which I have already claimed is ridiculously insufficient to "disprove" what I said indicates you didn't read and/or didn't comprehend it.

The only thing the Whitehouse plan has going for it is that it's better than the GOP plan. And let me tell you, that's damning with faint praise.

But now you've moved onto debt limits (which ties in with the thread as a whole, but not with your post that I replied to).

If we're talking endpoints, I'm much more in tune with what the GOP or even the Tea Party want than the Dems. Or in the case of the GOP, what they claim to want, their actions distinctly indicate otherwise. The GOP will never get there because they don't really want to, and the Tea Party's version to do it all at once is even more irresponsible than either of the big two. As such, we're left with the woefully inadequate Dem plan as the best of three very E36 M3ty options being currently pushed.

Frankly taxes could make up a big chunk (big chunk != all or even most) of that and we'd still have low taxes compared to more than one first world nation, but that's not what I'm endorsing, so isn't really relevant. And wouldn't relieve the need for major cuts as opposed to the token ones we're getting now.

Note: even a 1:50 ratio isn't orders of magnitude. I'm not suggesting it should be made up with half taxes. Or even a fifth taxes. A tenth is probably pushing it pretty hard, but despite the what some would claim is almost certainly less damaging than anything the Tea Party endorses (there we go damning with faint praise again) by cutting everything immediately and skyrocketing the unemployment rate which there's no way would be made up in time for by reduced taxes.

Since nobody is willing to cut entitlements in a rational manner, almost any cut is going to directly correspond to job's. Even then it's doable in stages, but all at once is economic armageddon. (see there's the endpoint vs means bit)

Not raising the debt limit is similar but less drastic. Less drastic != very very bad thouugh.

Also, your military #s are actually wrong, but that's neither here nor there. As I agree that even the complete elimination doesn't solve the problem (and is stupid) and therefore the specific #s for it aren't terribly relevant.

The biggest single issue is medical costs, and half-assed approaches like the compromise we got isn't going to cut it (it;s worse than doing nothing). Medical costs require serious reform. But like the military, even if that were completely eliminated it doesn't solve the problem. The "free" market (which it really isn't, thus the quotes) is terrible at setting prices for certain things. Medical care is at the top of that list. Followed by some utilities.

The very fact taht you can say "see even if you completely cut all of this, and that and the budget still isn't balanced "supports rather refutes my claims that cuts alone are insufficient.

JoeyM
JoeyM SuperDork
7/16/11 8:14 p.m.
oldsaw wrote:
JoeyM wrote:
oldsaw wrote: Voters are holding politicians accountable and they (the pols) are starting to pay attention - at least on one side; the other is still playing to it's fringe base and is becoming increasingly out-of-touch with reality.
Obama is trying to appeal to his base - all politicians do - but he doesn't view the liberal fringe as being part of that base. If he did, he would not say things like this:
Obama has turned over a new leaf, as of this week. His rhetoric for the previous two and half years has been a "bit" less centrist-oriented than his current position.

You, sir, are wrong. Obama has been playing to moderates for a long time. He started disappointing the left before he was even in office, and he has not stopped doing it.

2008
Prominent liberal groups and gay rights proponents criticized President-elect Barack Obama Wednesday for choosing evangelical pastor Rick Warren to deliver the invocation at the presidential inauguration next month.

2009
Obama angers liberals by governing just like Bush In what has to be the most ironic, and potentially implosive, development of his nascent presidency, Barack Obama is being dogged more by criticisms from liberals than from conservatives.

Obama angers gays with marriage law defense

2010
The left has been honestly disappointed in Mr. Obama. He did not come through as they think he should have in myriad ways—the public option, closing Guantanamo, war, now the tax plan.

2011
Obama is not the Liberal Liberals thought he Was

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