10:12 am, March 5, 2015

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  • There's still time for them to get it wrong
    Just me
    Sorry Mike, not buying the "we suddenly get it" thought. We've heard this spiel before, only to have the teaparty pull the rug out from under Speaker Boehner. There is political hay to be made here, and the Teaparty sees no reason why a little thing, like a government shutdown and unemploying hundreds of thousands of contractors, should stand in the way of their political advantage.
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  • Just Me
    Linda
    I agree, and so does the Budget Analyst next to me. When I saw the article that congress "agreed" to pass a continuing resolution in September, she said "I'll believe it when I see it!" and yes, the indesive budge, the threat of sequestation, etc. etc. drive the budget people crazy!
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  • Those dang tea partiers...
    Rob
    They seem to be the only ones who see the edge of the cliff not too far down the road. Everyone else keeps applauding budget deals that far exceed revenues. Yeah, those idiotic tea partiers boy. How dare they challenge these spending addicts we have in congress. I say vote all the teabag toting loons out of office this November. What this country needs is more congressmen/women who ignore the concept of living within their means.
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  • To Rob
    Linda
    I am not saying I agree that Congress should live outside it's means, it shouldn't. We should have a balanced budget and start reducing the National Debt. I just diagree with the Republicans on how to do it. I also disagree with the Democrats that we will "earn" our way out when the recession ends, I think Republicans are in on that too? Get out of the wars, put our soilders to work on our own boarders. If they get a skill in the military, make sure it translates to the states. How many drive big trucks in Afganistan or whereever, then get out, and don't have a CDL and can't afford to go to school to get one? They should have the CDL in the military. I have a host of other suggestions, but have listed them in the past.
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  • no easy way to balanced budget
    Rob
    We're borrowing nearly 60 cents per every dollar spent. I'm not sure how you can get to a balanced budget without doing something that will hurt everyone in some way shape or form. I haven't seen one serious spending cut proposal by the Dems. (NOT ONE) All I hear from the left is how the 1% aren't paying their fair share, yet the 1% they talk about already pays nearly 40% of all income taxes to the federal gov't. As far as wars go I think you better get used to it. There are other wars on the horizon. You cannot get out of the hole we're in with the constant bribery of voters. Do you remember what Hillary Clinton threw out there in the '08 campaign? She said if she's elected president she will give every baby born in the US a $5000 savings bond. Where in the world would that money come from? I'm so tired of the Dems basically trying to bribe their way to votes in every election. Promises to give folks this or that if elected. The country can't afford this nonsense any more. Everyone believes in equal opportunity for all in this country. The Dems want equal results for all.
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  • George Bush and the Republican Depression
    Moderate
    Unfortunately we must spend out way out of the George Bush and the Republican Depression. This is called stimulating the economy. And it appears to be working based on the reduction of unemployment. However, the economy was so damaged by George and company, the recovery is very uneven. Perhaps you need a history lesson. Remember the stock market crash of 1929. Instead of loosening money, Herbert Hoover and his gang tightened money. Thus began the worst economic disaster in our history. Roosevelt came in and lowered unemployment from 24% to 14%. (Still a depression, but much less) Then the Republicans captured Congress and forced Roosevelt to tighten money. Of course unemployment went up to 19%. The War brought it down. Remember also that George Bush had nice size deficits when the economy was not so bad.
    worker
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  • Google this
    deployed decoy
    Written by David Rising (AP) Tough stance on debt is part of German culture. This made it in the Stars and Stripes 1 August, Middle East edition, on page 17... I really like the paragraph where after WWI, and partly related to the USA 2nd greatest depression (the one we are currently in, is the greatest depression in my book). The German Mark went from DM5:$1 to several Trillion:$1. Hyper inflation is going to happen in the USA. It is only a matter of when. As this story points out. IKEA in Germany will not even take a Master Card. Pay cash, or stay home. Congress could pull a page out of Germanys social system. The down side is a hot dog push cart guy, lives just about the same life style as a federal judge or PHD Chief of a local hospital.
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  • Ikea
    contrarian
    My local one takes all the plastic. Not sure what's up in Germany. Maybe local Mastercard wants too much vigor?
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  • partly
    deployed decoy
    Partly becasue all credit cards charge the vender 3%. The few that take CC in germany. Generally add 3% on top of the 19% VAT to go plastic.
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  • Other reasons for German inflation
    Moderate
    You forgot a minor detail. England and France put such punitive measures on Germany after the war that the Germans were unable to recover and become prosperous. I wonder how much of that caused the printing of excess worthless money.
    worker
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  • Don't Agree
    ben
    Some Ikeas in Germany take credit cards, including Mastercard, some don't -- local option. If you believe a hot dog push cart guy, live just about the same life style as a federal judge or PHD Chief of a local hospital, you haven't spent time in German households. When I lived in Germany, I rented from a doctor. He informed me that no medical personnel he knew used the public health option -- all used insurance. I was raised by parents, parent still living, and grandparents who survived the Great Depression. This economic downturn is nothing like that. However, the steps to end the downturn are equivalent to those used before that caused the depression to be extended.
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  • push cart guy
    deployed decoy
    Well I also lived in Germany 16 years of my federal life. The last 8 in Mannheim, ending 2008. The very up scale Row House complex we lived in had a German federal judge (single no kids), a PHD chief of ward at the hospital and that Donnar Kabob Cart pusher. Well we also had a retired and active high school teacher (with a stay at home mom and 3 kids) as neighbors on both sides. The Judge had a corner unit... Yes Private health care is available in Germany's social system. And truest me, anyone that can afford the private plan use it (or die slow painful deaths under the social AOK deal). I agree this 'down turn' has not taken the dive off the cliff yet. It will soon enough.
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  • German Income
    ben
    As to the similar lifestyles of a German federal judge (single no kids), a PHD chief of ward at the hospital and that Donnar Kabob Cart pusher. For the cart pusher, there could be several explanations -- he worked and saved hard -- Germans work like Germans and save like the Swiss. He could have owned a number of such push carts and managed those while still operating his own. Or, not uncommon for that line of work, he could have pushed more than a cart -- Turkish Brown. Simply visiting those who live in the highrise stairwell aoartments vs. the row houses is proof of that.
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