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I Thought Deficits Didn't Matter?

Discussion in 'Legal' started by bountyhunter, Oct 11, 2005.

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  1. bountyhunter

    bountyhunter member

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    I guess when it starts knocking on the TRILLION door....... people are starting to get scared. Even the repubs are becoming afraid.

    http://www.foxnews.com/story/0,2933,171821,00.html

    Possible Spending Cuts Cause Grief for Lawmakers
    Monday, October 10, 2005


    WASHINGTON — President Bush (search) says he wants Congress to cut billions of dollars in federal spending it has already approved to pay for hurricane relief (search). Republican leaders of the House say they want that too, but it's not the kind of thing that happens much on Capitol Hill.

    For one, Senate Republicans are not ready to follow their House colleagues. In addition, congressional Democrats say they want to eliminate tax cuts for the wealthy, which House Republicans oppose.

    The costs of cleaning up Hurricanes Katrina and Rita keep piling up. The latest disaster — the Pakistan (search) earthquake — only adds to disaster relief expenses. With the ongoing cost of the Iraq (search) war, the national debt keeps rising.

    This year's deficit is expected to total $317 billion when it's all counted out. The nation's debt is $7.9 trillion.





    REALLY?

    That should go a long way towards erasing that image of the admin not caring about poor people...

    what a coincidence..... so have poor people.
     
  2. Standing Wolf

    Standing Wolf Member in memoriam

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    Obvious solution: every federal department is required to cut its spending by a minimum of 10%.
     
  3. odysseus

    odysseus Member

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    Standing Wolf... better check the brakes on your car. :evil:
     
  4. El Tejon

    El Tejon Member

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    They do matter! Let us eliminate this evil.

    Abolish the Department of Education, Energy, HHS, Transportation, the ATFE, and FEMA, just for starters. We'll kill Socialist Security and Medicare/aid later.

    We must do it, for the children! :) If it cuts just one dollar, it's worth it.
     
  5. bountyhunter

    bountyhunter member

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    Whenever they implement something like that, they always fire the one guy who knows what he's doing.
     
  6. El Tejon

    El Tejon Member

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    I don't want my government to "know what it is doing."

    Don't cut it, kill it.

    Do brick on top of another brick. Rip it out by the root!

    Now you've done it, bounty. I'm so excited I won't be able to sleep. Think I'll count National Parks I'll sell off to the highest bidder . . . zzzzz, ahhh, sweet dreams. :D
     
  7. ThreadKiller

    ThreadKiller Member

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    Wil Rogers once said, "Just be thankful we're not getting all the government we're paying for."

    Ain't it the truth. :)

    Tim

    TR bound in '06
     
  8. KriegHund

    KriegHund Member

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    Reduce welfare to people who use their work money to buy food and welfare money to but gangsta clothes and Ipods and cell phones.

    Oh and i forgot, if these politicians are so worried about deficits, how bout they take a cut in pay from 2 million a year to 50,000 like the rest of us.

    Pay cuts for politicians, then ill have a little faith in our governements "worry for the people"
     
  9. griz

    griz Member

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    The sad thing about spending as much as we have is the government has a LOT of inertia. We are to the point where even Republicans view a reduction in the RATE of spending increases as a "cut". :( :uhoh:
     
  10. longeyes

    longeyes member

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    While they're at it, make it 20 per cent.

    Borrowing does matter. We're depreciating our currency. The rule is no different for governments than for you and me: when you borrow to invest in productive assets, one story; when you borrow to consume, totally diferent story (what we're doing).

    The whole country belongs in Debtors Anonymous.
     
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