All the lip flapping coming out of Washington is about the budget, the debt and the deficit…..every new guy has his/her opinion on the proper way to handle each issue…..some are NOT so good or even rational……for one…..
Paul Ryan the new head of the House budget committee when interviewed on MSNBC said…when asked what he and the GOP would be doing come next January…he replied…..”well, we cannot just sit around and do nothing for two years can we?”……I was amused! Why? That is exactly what they have done for the last two years and they won the House….sounds like a good plan to me….
And then there is the new Rep. from Maryland…as reported by Political Wire….
Rep.-elect Andy Harris (R-MD), a physician who ran to repeal the new health care reform law, “surprised fellow freshmen at a Monday orientation session by demanding to know why his government-subsidized health care plan takes a month to kick in,” Politico reports.
Harris “reacted incredulously when informed that federal law mandated that his government-subsidized health care policy would take effect on Feb. 1 — 28 days after his Jan. 3rd swearing-in.”
Said Harris: “This is the only employer I’ve ever worked for where you don’t get coverage the first day you are employed.”
God! I love these mental midgets!
All that humor aside…..let us return to the budget……okay dipsticks……if you do not balance the budget the economy will remain sluggish and unresponsive….BUT! If you do succeed a balance the budget in the next two years….the economy will collapse…….MAY I SAY THAT AGAIN….the economy will collapse! You will have a lot of the people in Congress say that government has to be run like a business….that it must live within its means just like a business…..well people this is just bullsh*t! Why? It is not the same thing and it can be disastrous for the country to think that way…basically it is just another cutsey slogan to dumb-found the voter…..and of course we have the states that have to work on a balanced budget every year…..good idea…the problem is…they do not and if they say they do it is because of creative accounting not anything that the politicians have done……Washington…we have a problem!
Why? Very simple….at this point in the economic crisis the government is about the only thing that is producing any economic activity…oh yea…and the biggest CON job…tax cuts will generate economic activity……yep…and it has generated so much since the tax cuts went into effect 8 years ago…..if does generate the jobs…then business was lying and it was a plan to embarrass and beat Obama….they have NOTHING for the country or the people….
Well, I don’t agree with you at all – at least not for the reasons you give – but then I don’t agree with the GOP either…
Yes I AGREE ENTIRELY – the economy of the country must be run very much like a business and that DOES mean a balanced budget…
However, if these dipsticks knew ANYTHING about business, then they’d know that a budget may well be balanced over 1, 2, 3, 4, 5… or even 20 years – it is not what you spend – that is more or less irrelevant – what matters is what you spend money ON and what and when you expect the return on that expenditure to be – and that’s where we disagree…
Sure there are social moral as well as legal obligations that I think any democratically elected government has simply because it is elected to represent ALL of the country’s citizens – rich, poor, in between, Republican and Democrat, whatever – all alike. However, in the end, for the country to be economically successful for the MAJORITY of its citizens, investment that is outside of a balanced budget MUST make economic sense – for instance: a sickly and uneducated workforce is no f*cking good to modern technologically sophisticated businesses in ANY country and ANY good businessman knows that! Idiots of course can’t figure that simple fact.
Investment MUST be on an “it makes long term (or even short term) economic sense” basis, but destroying your employee (or indeed your customer) base is no better than pure short term stupidity and any business that follows that strategy will fail in at most a few short years!
Tax cuts for the rich will be unlikely to stimulate growth – tax cuts for the poor will do little as well (not least because few of them pay any tax to speak of anyway), but tax cuts for the middle classes will almost always produce a return in terms of growth, jobs and, ultimately, profitability!
It’s not really rocket science, but I suppose that simple arithmetic to a monkey is comparable to rocket science or brain surgery to a human being – what does THAT say about these dipshits? Human or monkey? I do wonder…
But it seems like rocket science…..the middle class has had tax cuts for 8 years and it has produced little economic activity…..if we consider the term “general welfare” (a post in the making) then it is possible that the government is responsible for the economic life of the country……giving business a free ride to massive profits is not being responsible, IMO…….unfortunately, I feel that government these days needs to consider deficit spending….not to the point that the Bush Boyz took it but some anyway….but spending cuts will be on the programs that need the cash the most for they are easily demonized like entitlements and education and the environment….while allowing other more expensive programs to continue unabated….
Quin, do not know if you have seen this….so take a look and whatcha think?
http://www.bbc.co.uk/news/magazine-11778284
Yes well, if people like Lockheed and so on didn’t own the government, or a big chunk of it at least, then you could discuss that point with some purpose – as it is… forget it!
I don’t know about the US tax system in any detail, so I can hardly comment, but tax cuts for ANYONE in isolation rarely do much that is significant. For instance, the cost of fuel in the UK is approximately somewhere close to 11 USD per gallon (if my maths is correct, which may be suspect). Of that, roughly 8 to 9 dollars would be tax that is added by the government. If that “stealth tax” were to be reduced, it would be the middle classes who would benefit most – BUT they would do more, buy more, generally spend more and, on top of that, the price of almost everything could be less because pretty much everything has to be transported to its place of sale. The taxes DO NOTHING for the environment, but that is the excuse given for their excessive size. Furthermore, cheaper goods – particularly including food – would benefit the poor just as much as the rich – perhaps more so since things like food probably make up a larger proportion of most poorer houehold budgets.
I see what you are saying and I agree….but here when they talk about lowering taxes it is mostly on income…….which would help the middle class the problem is that the middle class does not have access to the massive loopholes that the rich do or the lawyers and accountants to be sure they skip paying as much as possible……
Yeah, yeah, yeah – the usual. Actually, it is a good analysis – but the truth is there is no way for government departments to make any kind of a valid judgement. It’s all based on false beliefs anyway. For instance, it is assumed by many that it is a couple’s right to have children – with which I agree, but it’s also their right to look after and PAY for the upbringing and welfare of those offspring – if they can’t, DON’T BLOODY WELL HAVE THEM – SIMPLE THESE DAYS!
But here we have the NeoCons they make sure that women have them even if they cannot afford them…..
Yeah, but that’s because everything the government (ALL governments that is) does is a Ponzi scheme of one sort or another – they NEVER look more than a year or two into the future – if that much!
I will agree here also…there is NO long range planning….most of the time it is from one election til the next…..
That all got out of sequence somewhere, but I guess you can figure it out – you being clever and all 😆
You give me too much credit before coffee….LOL