Looming Sequester

Truth is we need more cuts than sequestration calls for to balance the budget and it will not come out until this farce is over;but we need to deal with this now! If we don't we are just kicking the can down the road and we can't afford to keep doing this!

Truth is we need more cuts than sequestration calls for to balance the budget...... Originally Posted by oden

truth is at peril from the knavish truth of obama and his main stream news media

truth is...we need to start cutting where the real spending is (the military) you Tea Pots squeal like hogs!

We need to adjust SS and Medicare ( and you babies need to quit screaming "Death Panels"I) when we cut Medicare and we need to cut Defense and we need to increase taxes. In other words we need to do a balanced long term approach to this. But I doubt most of you Tea Wacks understand that

now about that Keystone Pipeline that you numbnuts think will lower our gas prices, won't steal any land owners private land, and are not costing the taxpayers a dime....

truth is...we need to start cutting where the real spending is (the military) you Tea Pots squeal like hogs!

We need to adjust SS and Medicare ( and you babies need to quit screaming "Death Panels"I) when we cut Medicare and we need to cut Defense and we need to increase taxes. In other words we need to do a balanced long term approach to this. But I doubt most of you Tea Wacks understand that Originally Posted by WTF

Defense spending is not the primary contributor to out debt trajectory -- entitlement and health care spending is.

However, I do agree with you that we need to look at reductions everywhere. I'm in the camp that believes there should be no sacred cows anywhere. The military-industrial-congressional complex is alive and well to an extent that would horrify Ike if he were alive to see it. It's no accident that contractors are spread across dozens of congressional districts in so many states. We spend untold billions on systems that are not needed, and which in many cases don't even work. And even Democrats do no more than pay lip service to the issue, although they obviously restrain the growth of spending in the sector to a greater extent than Republicans.

Yes, we need to make adjustments in the Social Security program to put in on a sustainable basis, but Medicare is a far larger problem. I my view, we need to means-test it or see a steady progression toward a serious bust. Baby boomers nearing retirement expect to receive benefits exceeding three times the net present value of taxes paid into the system. But a party willing to deal honestly with this issue would risk being landslided out of office. Free lunches have become increasingly popular with voters.

And, yes, we need a tax increase (and I don't mean just on the "wealthy") if we're going to continue to support these programs, even with reform and adjustments.

Republicans are on record as being opposed to any tax increase on anyone at any time for any reason. But for their part, Obama and other Democrats have essentially pledged to protect everyone earning less than $250K from tax increases of any kind. In terms of how much revenue would be raised by the Treasury, there isn't a whole lot of difference between the positions of the two parties. Everyone with any understanding of the issue realizes that tax increases only on the top two percent of the income distribution won't cover more than a very small percentage of the deficit.

In other words, neither party is even remotely honest or serious about what every informed person knows must be done.

Well, I suppose simply dismissing the problem with humor is one way of dealing with it or more precisely, not dealing with it.

Personally, it troubles me because it is a another symptom of the never ending crisis problems we are having in governing this country. The GOP is a big problem in this mess. Look at what they did to Chuck Hagel. He was recriminated by the Republicans because he wisely opposed the idiotic Iraq war.

. . . If you happened to be one of the people furloughed or had your flight cancelled or any number of screw ups that are going to happen on Friday, you might not be feeling so jovial about sequestration. Why is such a basic and necessary problem like judicious trimming of the Federal budget getting so rancorous that essentially nothing is getting done?

Originally Posted by CaptainMidnight

Those things don't have to happen, FastGoon you incredible fool. The sequester is only a cut in the planned INCREASE in spending! THERE ARE NO CUTS IN THE SEQUESTER! Obama is playing politics with people's lives. He is a narcissistic despot with delusions of grandeur.

Even Michael Bloomberg is telling the White House to quit with the BS.

http://news.yahoo.com/bloomberg-tell...-politics.html

Originally Posted by CuteOldGuy

does that include the white house?

Too low a number. You forgot the executive branch.

You're right. I will see your Executive Branch, and raise you the SCOTUS.

Originally Posted by CuteOldGuy

Let me make sure I understand your thought process. The individual who repeatedly claims to defend the Constitution (without wearing a uniform, of course) now wants to "layoff" the entire Legislative Branch. I suppose in his dim view of the world, that will leave the Executive and Judicial Branch to sort out the differences.

Just curious, will this mean that the White House will now have sole authority upon who is appointed into the Judicial Branch? Hmmmmmm!

Gawd, you are stupid, BiSex, we've already added in the Executive and Judicial branches. You need to have someone who can read faster read this stuff to you.