11:27 am, March 6, 2015

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  • Deja Vu once again
    Budgetweenie
    When it comes to tough choices, there is always posturing. Everyone involved with decision making wants to appear benevolent and your BFF. The more sobering reality is, shortsightedness brought about the economic choke hold and now the Kabuki dance begins. It appears the "checking account" is bare, now it is expected that everyone pony up. It is not this administration or that administration, but all with a few exceptions. The government wants to ensure peace and tranquility by ensuring some things are always going to be. Now there is an increasing sound wave by those that feel we've given too much to "society" and it falls on private enterprise to resurrect the economy. Can't get complete agreement with that either. I would suggest that our "leaders" play grown up and get it done. It may very well demand an economic landing but it is within the realm of possibility that it doesn't require the results of a crash and burn.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • It doesn't balance
    contrarian
    You can't raise taxes or cut spending enough to balance. They've created a monster they can't stop. Amazing, politicians promising more than they can deliver. Plus, States like CA are expecting bailout next year. Many ask why we worry about being broke now when we didn't worry 10 years ago? I'd say inertia, but it's more than that. Now we have to worry what happens when the fixer can't fix it?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • "...when the fixer can't fix it"?
    FERS Fed
    The problem is not that the 'fixer' can't fix it. The problem is that the fix requires compromise -- you know, that fundamental of democracy -- and one party absolutely refuses to do so.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Guilty Party
    Joe
    Yeah, the Democratic party refuses to cut any programs or reform any entitlements. That includes Big Bird. Even if we did increase taxes on the rich that would only close $70B of a trillion $ deficit. Where is the other $930B in spending cuts?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Radical right yqaps again
    Moderate
    It figured you would say something like this. You want it to be your way or the highway. You want the wealthy to keep their entitlements such as the grossly unfair tax cuts for the wealthy by George and the Republican Party no matter what the cost. obama has suggested continuing the cuts for everyone, but the highest income members of our society. THe Democrats are willing to raise the theshhold from $250000 to a higher figure. You are stubborn by saying that if the wealthy do not get the extention, then no one gets it.---- And yes, we have earned our entitlements such as our pensions and social security. So you want to cut welfare? How about giving these recipients jobs so they do not need welfare. You would rather spend $35000-50000/yr per person for prisons.---Sorry, blame the radical right republicans.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • "...the Democratic party refuses to cut any programs or reform any entitlements"?
    FERS Fed
    Demonstrably false. President Obama put Medicare/Medicaid on the table during last summer's debt limit negotiations. Asked Republicans for increased revenue in return. Republicans walked away. ..... BTW, PBS got $25M in federal funds for 2012. Cutting that's gonna make a real difference, isn't it?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Give me a break FERS Fed!
    Rob
    The only person being pressed about plan specifics is Romney. Obama occasionally mentions spending cuts, but he never puts forward any specifics and the liberal media never asks for any specifics. Saying you're putting Medicare/Medicaid on the table is not a plan. All he talks about is raising taxes on the evil rich. That's his plan. Look at the CBO numbers on what Obama's tax the rich plan will mean in revenues. Joe (above) did his research. Look, the easiest way to reduce the debt and deficit is to put people back to work. You'll have to mix in some spending cuts and close some tax loop holes, but simply going after the rich is not going to work. Obama's policies make it cost prohibitive for businesses to hire. The full effects of Obamacare will become reality in 2014. Business owners (job creators) have already started preparing by either not hiring at all or changing current employees from full-time to part-time........The next two weeks leading up to the election are going to be fun. I absolutely love hearing Obama, the man who increased the national debt by $6 trillion in 4 years, lecture Romney about fiscal responsibility. That should be a Saturday Night Live skit. And sketchy deals.....Obamacare is about the sketchiest deal ever stuffed down our throats. Originally priced at $900 billion the Obamacare price tag is now over $2.5 trillion.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • liberal media? what a sad joke.
    Jerry A.
    Anyone who uses the phrase "liberal media" with a straight face to refer to multi-billion dollar corporate-owned news businesses is delusional and can not be taken seriously. President Obama and the Democrats tried to negotiate. They proposed a majority of spending cuts and a small fraction of tax increases. The GOP including Rep. Ryan said "no" and walked away. GOP intransigence resulted in an unprecedented downgrade of the US credit rating by that bastion of liberalism, Standard and Poors. The socialist rag "Business Insider" stated that S&P blamed the credit downgrade on the GOP's debt limit brinksmanship. See http://www.businessinsider.com/paul-ryan-speech-fact-check-on-aaa-credit-rating-2012-8 if you are not averse to reality like Rob.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Rob, you wrote too much nonsense
    Moderate
    I agree with FERS FED. I do not know Romney's specifics. He gives generalized nonsense. Balance the budget during the economic crisis? Hoover did that in 1929-1933. We ended up with the Great Depression. Liberal media? If you compare news to Fox garbage, then I agree with you. Of course, Fox is so distorted as to make them worthless. It sounds like you believe the rich are evil. The liberals do not say that. Only you do. Please tell us why the rich are evil.---Joe did his research? Was that done in fantasy land or with big brother? Sounds like newspeak to me. Repeat the lies often enough and it may be believed.---The best way to put people back to work is the stimulus plan and not balance the budget from George and the Republicans Depression. That was proven by Hoover's actions. (cont)
    worker
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  • Rob's nonsense part 2
    Moderate
    You are against obamacare, but you fail to provide for medical care for those who cannot afford insurance. You would let them die in the streets. The purpose of Obamacare is to get medical care for those who cannot afford it. Many will get this insurance from larger employers who refused to provide medical insurance. Many of the lazy will get it also. And many will get it because they lost their jobs due to George and the Republicans depression. Just remember that your Republican Party was invited to participate in Obamacare and refused. They could have made it better, but refused. So accept what you got.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • "The only person being pressed about plan specifics is Romney"?
    FERS Fed
    So, what ARE Gov. Romney's tax plan specifics? No one else seems to be able to make Gov. Romney's tax plan numbers add up, at least not without slamming the middle class so that the "evil rich" taxes can be even lower. BTW, if lowering taxes creates jobs, maybe there should be 'negative' taxes on "job creators", i.e., the government should just give them money. That oughta create all the jobs this country needs, right?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • one party
    Mc
    Both parties are the same. Give the banks trillions, bomb countries (Iraq, Libya, soon to be Syria/Iran).
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Who Turned the Lights Off?
    Teachersson
    The currect election wind down will retard any progressive ideas or even any good ideas or distinguished plans from being mentioned. If anyone has a good idea, they will not venture the idea at this point. Monday's debate venue is "foreign policy" so we will be fed the same old fake issues - about (1) Benghazi being somehow the president's fault because he was on the rebel's side and helped an Arab Spring country in verbiage and UN support without having a huge land war with US troops, about (2) total war posture and worrying about communism as the only viable foreign policy, about (3) fishing for the president looking weak on drone strikes (which he won't, because he is the biggest user of drones for "assassination strikes" in the short history of drone use), and (4) other "attacks and faints" about foreign policy. In effect, the Monday debate will net us and the US a big zero and we will have to wait another two weeks of virtual radio silence before the election. Then, after the election, maybe a good idea or two will pop out - however, I'm still not hoping for another FDR with his fireside chats...
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • The Solution is There
    Linda
    I think what Congress is waiting for is the Mayan Calendar. According to the far fetched rumors, the world will end after December 21, 2012. Therefore, no need to worry about balancing a budget.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • The Markets
    Mc
    Of course the Congress/Pres. will attempt to kick this down the road. That's what they always do. But, as Greece and now Spain have found out, you can only kick it so far before the markets say "no mas." The so-called "rescue" of Greece and Spain was really the rescue of bondholders of Greek and Spanish bank debt. All the while austerity is put on everyone else. Iceland had the right idea. Let the banks go down. They created the problem and of course they made it difficult (repeal of Glass-Steagall, etc.) to do that. Its the only choice now. The five major U.S. banks have over 500 trillion in credit default swaps (total GDP for the world in one year: 40 trill).
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Are you really saying that...
    FERS Fed
    ...the US economy is equivalent to the economies of Greece and Spain? Let me ask this - where else is China going to invest its trade surplus? Won't argue that the US isn't facing massive problems. But there are some advantages to being the "800 lb gorilla" of the global economy. And there are solutions out there. But our political 'leadership' HAS to work together to find them. One party cannot be allowed to stomp their feet, hold their breath till they turn blue, and refuse to compromise because they're not getting their way.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • china go badly
    Mc
    The U.S. economy is actually much worse than the econs of Greece and Spain with much higher amounts of debt in the private banks (which you probably don't realize we'll all be paying for). China will turn to its own consumption just like we did, although China will have major hard times coming up. You don't think this China/U.S. deal is 5,000 years old, do ya? No, and it won't last 5,000 years into the future either. Fact is, the deal's already done because we're now China's competitor internationally for resources (oil and gas,etc.). They hold massive leverage over us. All shooting wars start as economic wars. Its already started. Re the "one party" business, do you really just believe what you hear on American media? Both parties are one and the same and well paid thank you very much. Ask yourself why you never hear about the American soldiers in Jordan right NOW preparing to set up a no fly zone over Syria? Also, why you don't hear in American media (its out there in arab, israeli, european, etc. media) that the Russians have said that if NATO (the U.S.) tries to set up a no fly zone there will be Russian military intervention? The neo-con Obomba (same as Bush, etc.) has exponentially increased the Bush drone bombings, signed an executive order to bypass the Congress so he could bomb Libya (thru our "allies") and is now pushing WWIII. Great. Bombney, or Obomba, either way, its neo-con time.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Deficit
    Bud
    I'm a very simple person.You can't spend more than you collect.We're $16 trillion in the hole.Blame is shared by both parties.You can tax the 50% who do pay fed income tax at 100%.That doesn't eliminate the debt.The 47% who don't pay need to start,even if it's a small amount,say $10 a week.That doesn't solve a fraction of the debt,but it means everyone realizes you have to pay something to get something.Then you attack,yes attack,spending.How?Lets start with 15% across the board cuts for every fed dept/agency/congress/white house.15% is cut from what you spent in FY 12,not your FY 13 budget.Then we start cutting entitlements including food stamps,unemployment,college loans,Fannie/Freddie,etc.Cut benefit amounts by 15% and tax them.Put time limits of say 3 years for food stamps,etc.We do have truly disabled/needy citizens;but it's time for true enforcement of the abuseers,and yes there are many abusers.Next,we go after the congressional pork trough and allocate just a few million each year to the congressional clowns.No more largesse for their buddies on the taxpayer dime.
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  • Bud for President!!
    Big Joe
    Bud has done something that neither party has been able to do...produce a comprehensive, easy to understand plan for reducing the debt and limit spending. While I agree it will sting a little, I know my agency can handle a 15% hit and still have $$$ to waste. Its almost too easy!!
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  • Bud
    Moderate
    You are ex IRS. How would you write the law? Even if someone with no earnings pays $1/week, how would that person do it? Or would you wait until they have positive earningws and take $1 off the top before the person gets any money? We are also writing about the poor who barely have money to feed themselves etc (Linda, I am not writing about those with cell phones and Cadillacs etc. They should be investigated and prosecuted for fraud) Cut the IRS budget? IRS generates money for the government. You know that. Cutting the IRS budget will hurt and not help the deficit. Those from other agencies should defend their positions. I agree with you on Congressional pig (pork), but good luck with that.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Blast from the past
    Working_Fed
    The continual across the board cuts leaves core missions underfunded. Better to eliminate specific missions in agencies. Cancel funding for all boards and commisions and put them back under the agency. Increase funding for staff to discover fraud and oversite of contractors in agencies. These are what were cut in years past because they aren't the core mission of an agency plus they expose the poor management decisions of the political appointees. Also cost benefit analysis used to be required before imposing a new regulation. If we are to compete with rest of world and employ more citizens, we need to look at the costs we are imposing when we require a business to meet a new reg. and whether it will result in the transfer of industry oversees. It doesn't help to impose a new pollution control if it will result in the industry transfer to a foreign country that will increase the worldwide pollution by its transfer. Regulations that are impacting infrastructure and creating industry transfers overseas must be reviewed.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
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