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  • #1
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    Notice how the concept of actually cutting government spending and reining in entitlements is not even mentioned as an option.
  • #8
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    somewhere along the line someone is going to have to get their head and hind end wired togeather would't you think?
  • #6
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    I'll vote recession. More deficit will postpone the inevitable recession and make it deeper. The sooner we deal with it the easier it'll be for everyone. And even at that it's going to be rough for those who haven't planned for it.
  • #11
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    According to historians who studied the Great Depression, what is actually needed is just the opposite of what you are suggesting....."---In the Great Depression, Roosevelt tried deficit spending, but he was too timid. Then he stopped in 1937 and the economy nose-dived. It took the humongous deficits of WWII to pull us out of the Great Depression. Those deficits blasted the economy from depression into overdrive.---"..........B ut I fear that the drum-beat of "Stop The Spending"...will be listened to, by Washington...and we will have another Great Depression-like disaster on our hands when there is NO money or demand circulating...At All!!
  • #13
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    @Sonny

    According to historians who studied the Great Depression, what is actually needed is just the opposite of what you are suggesting.

    And there are other historians who've said that say Roosevelt's policies prolonged and deepened the depression.

    Those deficits blasted the economy from depression into overdrive.---"..........

    And piled up more debt. Sooner or later we'll run out of credit.

    Debt is a powerful tool that many people, cities, states and countries use poorly enough to destroy their lives. I fear that we (as a country) are headed there. When you run a tab, sooner or later you have to pay it off.
  • #15
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    @Thunderchicken --Ok...so since there are conflicting conclusions..then why not find some other "middle ground" and NOT resort to one extreme measure or the other?
  • #23
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    @Sonny

    I'm not for anything extreme. I believe we can balance the budget in eight to ten years and pay off the debt in another fifty or so. But no one has shown the will to do so.
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  • #67
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    Just let the tax cuts go. They were a stupid move by a stupid man. Bush never had a successful business and people voted him in on his business background. Not once but twice!! Stupid man, stupid voters. You need to raise taxes and cut spending to get things under control again.
  • #24
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    Increasing the deficit is just a delaying tactic that protects today's politicians at the expense of tomorrow's tax payers. Enough! Time to stop ear marks, cut govt. Spending, refuge entitlements, cut defense spending, tap traditional fuel sources for energy independence, stop bail outs, and remove over reaching BS political regulations that strangle businesses. Yank wall street's chain as well with annual audits and end the insider trading exemption for Congress. Also end tax returns for those who pay no taxes. If you are already on public assistance then we are already paying your taxes and you are not entitled to a return. Punish employers who hire illegals and deport them as well.
  • #12
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    what i want to know is what cousin of einstein came up the idea we can spend our way out of a economic crisis.even a dumb ole country boy like knows thats b.s. at the highest level
  • #7
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    This is sheer nonsense...We are already currently in a recession...If we "reign in" the spending we currently have---we could dip into a depression. But if we are going to "reign in " something how about the bloated defense budget., how about all of the tax loop-holes that we give to corporations? The bush tax cuts need to vanish!...Those little rich "darlings" have had their butts bailed out and given very profitable tax breaks over the years...Now maybe we should end welfare and subsidies for the wealthy & corporations....
  • #26
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    Corporations will just lay off people and charge more for their products. It doesn't make any sense to tax corporations. Get rid of all the tax deductions for individuals - lower the tax rates and collect it all from earnings. People aren't going to quit working because they have to pay taxes - plus people will see exactly how much of our money goes to the government and might start electing politicians who aren't quite so generous with my paycheck.
  • #78
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    @Lorth ---No way..I think your position is one-sided and unfair...I wouldn't worry about corporations laying off people and charging more for their products or services...After all, the economic theory that most of you conservative types follow is "free enterprise capitalism". If one company does that, than his competitor should be able to do just the opposite and lower his prices...Won't that bring in all of the business from the guy who "charged more"? I mean---this the theory that you guys claim you believe in, right?!?
  • #80
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    @Sonny - Probably ought not stereotype quite so quick - my presidential choices in order would be Johnson, Obama and then Romney. I'm far from your typical 'conservative'. Corporations will raise prices or cut costs to make a profit - guaranteed. By taxing them you greatly increase their costs and those costs get passed on to the consumer. It also encourages the big boys to pay off politicians to change the tax code in their favor - hurting the smaller boys and making them less competitive. Yours truly is all in favor of reigning in the big boys so they can't afford to own our government and simplifying the tax code so everybody (who can afford to) pays their fair share.
  • #94
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    under obama the hard work is done now everything is growing look at the official statistics america under the obama plan will become self sufficient on its needs especially oil and this means with its pro friends like its younger brother australia and the EU nothing will ever stop america for the next 500 years and will pay all its debts and finally become a net debtor country in other words will be in the position to be and proud to be the envy of the world lead by example and this can only be done by one man no one else and that man is THE CURRENT PRESIDENT OF AMERICA HE ALREADY HAS TURNED AROUND A NEAR BANKRUPT ECONOMY TO SETTING IT AS THE MOST INFLUENTIAL DOMINATING IN EVERY RESPECT IN THE WORLD NUMBER ONE
  • #91
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    US deficit for 2012 will exceed $1 trillion? divide by Obama only being here 3+ years. That's not a debt that can be fixed in 1+ years.
    It took Bill 8 years to get us out of old man Bush & now with a debt way out there from Bush JR, it might take Bill 20 years to get us out of this. Mitt & other said they can fix it in 10 years, but are only willing to give Obama 3+ years. "Get Obama out of office" DUR!
    I think it's time to raise the pay, let the rich get their new truck next year. People that make more money spend more, more is taxed, put into SSI, etc. Why do we all have to pay for the workers living when their work place won't pay a living wage! People will say if the pay goes up the cost of stuff will also. But when milk cost $6 a gal it kind of loses it's value! No sales. Consumers sets the market. No sales = low cost!
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  • #63
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    no! throw all those fraudulent clowns, in jail or out of office to beguin with. so they will take us and the budget, seriously for a change. there come the time, when their enough is too much enough.
  • #57
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    Who's going to get this stimulus money if it passes you can bet it won't be us. They want the economy to grow leave us some money to spend. I sat down yesterday and figured up exactly how much of my money went to some tax or another last year it came out to over 50%. Somethings got to change. I'm being robbed blind and I'm real sick of it. Reminds me of that commercial about the phone company. If I were to really fight back I'd go to jail if I do nothing I might as well get a Government check and a medical card. Neither are choices I want to make.Voting the way we have in the past is not working we keep getting the same old crap in a different wrapper. People please wake up we could put an end to all of Washington's BS if we were not afraid to. It's time for them to be more afraid of us than we are them.
  • #53
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    Only the rich thought the Recession was over anyways. The middle class and especially the poverty level citizens have never come out of the recession yet.
  • #39
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    What don't people understand about this subject. More government spending will only FORESTALL the inevitable and then it will be even worse. Let's pull the bandaid off the sore and get some air to it so it can heal.
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