Here it comes the deficit reduction plan....

Discussion in 'The Loafing Shed' started by Beanie, Feb 22, 2009.

  1. Beanie

    Beanie New Member

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    Now that they have handed out money to banks, automakers, homeowners and every other Tom, Dick or Harry now I read the next plan is to attack how to lower the deficit.

    Not that I'm against that but I figure with the amount of spending that has been done there has to be a huge amount of increased taxes and reduction in other programs to make up for this. You can't spend freely forever. Can't wait to see what this program brings.
     
  2. Mass

    Mass Senior Member and Masscaster

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    I will be dead, before they make a dent in that deficit.
     

  3. JenR

    JenR Formerly Underworld Queen

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    Oy! Can't lower a deficit without decreasing spending (although they are quite nobly reducing spending on non-Dem stuff by quite a lot ::)). Unless...

    more money is printed and put into circulation, and they try to use that to spend down the deficit (I think that's quaintly called robbing your hand to pay your pocket) --- which would be a disaster of global proportions here in a couple of years.

    or they decide to declare national bankruptcy and default on debt (not sure how that works, but there is a way for a country to do it) -- which would be such a very bad move; again, disaster on a grand, global scale


    *You know it's bad when you have Russia's Vlad Putin warning Americans in a speech to "beware of and resist the pull of socialism", and the Chinese warning us in another address of "the dangers of losing capitalism through this stimulus package".

    And yes, they both have done so in the past two weeks. We Americans are getting lectured from a former KGB and the most powerful Communist country in the world on how to be and stay a capitalist, democratic republic, and why it's important that we do so. That's how bad it's gotten :p
     
  4. syndiego

    syndiego New Member

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    Unbelievable. Proof that we are living in an alternate universe. I feel like I'm a character in an Orwell novel.
    Animal Farm, anyone?
     
  5. syndiego

    syndiego New Member

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    I believe the defense budget is being cut. Who needs a strong military, when you have hope.

    "Obama is one of the world's greatest leaders and I just hope he will help to rid North Korea of its nuclear weapons," she said.

    "I hope he will highlight the plight of the ordinary North Korean people."

    Yah, that's the way to deal with an insane dictator. We are fucked.
     
  6. JenR

    JenR Formerly Underworld Queen

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    Well, but of course the defense budget was getting cut! They're getting change, and we hope they can keep doing their job.


    And here's the kicker: Bush highlighted the plight of the ordinary N. Korean people when he made the offer to Kim of aid in return for dismantling his nuke program. Of course Bush got criticized for doing this -- cutting deals with corrupt, fascist regimes and all.

    Now, Clinton has come out this week and stated in effect that human rights concerns will not have any effect upon this administration's relations with other countries. This may seem like "realpolitik" to those who still support this administration, but think back a bit to the speeches of the campaign and even the inauguration -- does that sound like the same rhetoric that made you support in the first place? And, big kicker, what if Bush or someone from his Cabinet had made a remark such as this, what would your reaction have been?

    It seems to me, a lot of people weren't so blase about "realpolitik" back in "the bad old days" of just a few months ago.
     
  7. walterF

    walterF New Member

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    :th_blondmoment: