Real deficit dwarfs official tally

joe bloe's Avatar
As if we needed anymore, here's one more piece of evidence to let us know the ship is sinking. We're running out of time. Paul Ryan says we've not two more years, of spending at this level, before we turn into Greece.

http://www.usatoday.com/news/washing...ing/55179748/1
The Obamazombies are out in full force trying to convince voters that Obama isn't a big spender who is jacking up our debt and leading us into financial oblivion.
LovingKayla's Avatar
But they all sound like jiggy dude af. No one actually listens to people like that unless they want some entertainment. I WISH they sounded more like randy. Then at least we would know they had some sort of intelligence. Tinsy. But still SOME.
joe bloe's Avatar
The Obamazombies are out in full force trying to convince voters that Obama isn't a big spender who is jacking up our debt and leading us into financial oblivion. Originally Posted by Whirlaway
The Democrat's level of dishonesty has crossed over into the absurd. Trying to portray Obama as a deficit hawk is madness. This kind of lying reminds me of a scene from a movie. I'm posting the link.

http://www.youtube.com/watch?v=khPFxRLz6HI
They (those on ECCIE) are queing from the Obama campgain; which is desperate to re-cast the facts and image of Obama as a debtor President.
you must keep people from growing old and needing SS and medicare,damn baby boomers.
Cpalmson's Avatar
Hey, I have a great idea. Except for the military, all federal workers work 1 year for free. Also, except national defense, don't spend a dime at the federal level for one year. Everyone sucks it up.
joe bloe's Avatar
you must keep people from growing old and needing SS and medicare,damn baby boomers. Originally Posted by ekim008
Social Security and Medicare were the creations of FDR and LBJ. Social welfare states always collapse. As Maggie Thatcher said, "eventually you run out of other people's money." We should have abided by the Constitution which prohibits both these programs. The way to balance the budget is to close every federal agency that can't be supported by the Constitution. We'd be in surplus over night if we did.
JD Barleycorn's Avatar
We can cancel all the money going to any and all elected officials. Let them find out how it is to try to make ends meet. This would include any money raised from speeches or endorsements. We can also forbid any millionaire pols from accessing their money.

Won't work though, they would just get gifts from rich, old widows that they think are going to hide their love child from the voters rather than just spending it.
WTF's Avatar
  • WTF
  • 05-25-2012, 07:12 AM
We can cancel all the money going to any and all elected officials. Let them find out how it is to try to make ends meet. This would include any money raised from speeches or endorsements. We can also forbid any millionaire pols from accessing their money.

. Originally Posted by JD Barleycorn
I say we cut all teachers salary to zero.

I say we cut out all student aid.

I will say that they have been cooking the book for decades.

Anyone that does not understand that the vast military industrial complex has been robbing from the SS Trust fund does not understand basic accounting.

Anybody that understands basic accounting knows that we are headed for a meltdown. Both parties are responsible and at the end of the day the public gets wtf it deserves.

This from the article:

Jim Horney, a former Senate budget staff expert now at the liberal Center on Budget and Policy Priorities, says retirement programs should not count as part of the deficit because, unlike a business, Congress can change what it owes by cutting benefits or lifting taxes.
"It's not easy, but it can be done. Retirement programs are not legal obligations," he says

What , pray do tell , do our resident Tea Party experts think this means?
Guest123018-4's Avatar
Why do you think the government keeps propping up wall street?

I will answer with another question.

How many taxable dollars are in 401ks and IRAs that the baby boomers will tap in the upcoming years?