record high budget deficit

[MattTheSkywalker]

well over $400B. Highest ever.

http://news.yahoo.com/news?tmpl=story&u=/ap/20040907/ap_on_go_co/budget_deficit_8

We could solve this problem today. End social security. Then Medicare. You'd have a half trillion surplus then. Tax refunds baby!!

 

[Dial_tone]

So does the deficit really matter or not? Obviously it will never be paid off but it's not like the country is going out of business.

 

[Testosterone boy]

So does the deficit really matter or not? Obviously it will never be paid off but it's not like the country is going out of business.

Excessive debt (read deficit) is the precise cause of a very large percentage of national insolvencies.

Insolvency is normally preceded by a mentality that debt is no big deal.

Loose spenders go like no tomorrow.....until they declare bankruptcy.

 

[Forge]

well over $400B. Highest ever.

http://news.yahoo.com/news?tmpl=story&u=/ap/20040907/ap_on_go_co/budget_deficit_8

We could solve this problem today. End social security. Then Medicare. You'd have a half trillion surplus then. Tax refunds baby!!

Such an abrupt change would also throw the country into chaos. I'd love to see both go away, but it can't happen overnight.

 

[Mr. dB]

well over $400B. Highest ever.

Don't worry, we can just lower taxes some more and GROW out of the deficit.

 

[Ffactor]

Throw welfare in the mix.

 

[MattTheSkywalker]

Don't worry, we can just lower taxes some more and GROW out of the deficit.

I posted the solution already orb. See above.

 

[Testosterone boy]

Don't worry, we can just lower taxes some more and GROW out of the deficit.

Yea....the Bush tax plan is working brilliantly. See the record deficits since he grabbed the reigns of terror.....I mean power.

 

[GoldenDelicious]

youre right, cut welfare completely out so your moocher turns into a desperate criminal...africa or india anyone? then cut out medicare too, for a bit more of the same. then build some huge fortresses for all the people with money, to save them from the people without

i mean, after all, the poor people have only been paying tax since forever, as have their ancestors, but you cant let a little fact like taht get in the way can you?

add to that, of course, taht todays poor often seed tomorrows upper class, cant forget that either

the bush family is just an excellent model of how a family and the gene pool should evolve. because granddaddy bush was rich and had money clearly, his seed should live at the top forever. lovely.

moronic, shortsighted, idiotic, kneejerk bullshit

of course wars are more important than welfare. lending money to other countries is also more important than your own people. importing lots and lots of immigrants, without skills, capital or assets is a great idea. interesting way to disposses your locals.

deicits are healthy. they allow governments to guide the economy, and smooth out any economic/labour bumps in the road.

its when you get cocksuckers in the drivers seat that things go all pear shaped.

think about it

cheers

 

[HUCKLEBERRY FINNaplex]

"You must spread karma around before giving to goldendelicious again"

 

[Dial_tone]

You have kissed too many asses in the last 24 hours, try again later.

 

[strongsmartsexy]

It's ok Huck and DT, I got him for ya!

 

[biteme]

"You must spread karma around before giving to goldendelicious again"

I second that.

 

[WODIN]

well over $400B. Highest ever.

http://news.yahoo.com/news?tmpl=story&u=/ap/20040907/ap_on_go_co/budget_deficit_8

We could solve this problem today. End social security. Then Medicare. You'd have a half trillion surplus then. Tax refunds baby!!

Or maybe...just stop the pork and useless spending on excessive defense systems that are antiquated or out of date.

 

[HUCKLEBERRY FINNaplex]

Or maybe...just stop the pork and useless spending on excessive defense systems that are antiquated or out of date.

And fighting one special interest war after another,which would have a trickle down effect on the above.

 

[MattTheSkywalker]

youre right, cut welfare completely out so your moocher turns into a desperate criminal...africa or india anyone?

The US has shows with its prison statistics that we can handle criminals. LOL.

You cannot possibly be suggesting that the reason for welfare is because we are appeasing the otherwise criminal element of our society? Are you really saying that? Welfare as a hedge against crime? hahahahahaha...wow that's funny. Almost as funny as comparisons of the US to Africa or India.

Despite my dislike for President Clinton, when he cut welfare, the number people WITH JOBS went up. The overwhleming majority of people who were forced off welfare went to work, not to prison.

So your argument is nonsense.

then cut out medicare too, for a bit more of the same. then build some huge fortresses for all the people with money, to save them from the people without

Actually, if we cut medicare, the only thing that would happen is a decrease in the price of drugs and health insurance. I'm sure you understand the economics behind the role of the government as an unlimited third party payor and why that makes health care unaffordable for more and more people. But for other readers:

IF WE ELIMINATE MEDICARE, DRUGS AND INSURANCE WILL GET CHEAPER.

i mean, after all, the poor people have only been paying tax since forever, as have their ancestors, but you cant let a little fact like taht get in the way can you?

What does that mean? Slavery has existed on the planet since the dawn on mankind too, does that make it right?

add to that, of course, taht todays poor often seed tomorrows upper class, cant forget that either

Not sure what this means, but it contradicts your next point. Nice.

the bush family is just an excellent model of how a family and the gene pool should evolve. because granddaddy bush was rich and had money clearly, his seed should live at the top forever. lovely.

No agenda in your posts? LOL!

moronic, shortsighted, idiotic, kneejerk bullshit

Amazingly, you deliver that post after post. You added uninformed this time, which is new territory for you. Well done.

of course wars are more important than welfare. lending money to other countries is also more important than your own people. importing lots and lots of immigrants, without skills, capital or assets is a great idea. interesting way to disposses your locals.

deicits are healthy. they allow governments to guide the economy, and smooth out any economic/labour bumps in the road.

its when you get cocksuckers in the drivers seat that things go all pear shaped.

think about it

cheers

We might just have different views on what government should do.

 

[the nature boy]

Throw welfare in the mix.

Man, welfare is a seriously a drop in the bucket compared to social security and medicare. It's miniscule.

 

[biteme]

A fact that many bigots don't know. There are far more white people on welfare than blacks. It does piss me off when people that can't afford children have more and more to collect more welfare. Something should be done about that. But who is the average person on Welfare? The minimum wage is a joke, can't come close to making a living off of it. Those jobs have to be filled. I'm not making an excuse for laziness, but not everyone has what it takes to be monetarily successful in this system, a lot of competition for that slice of the pie. Especially when the pie is divided so unevenly and under certain leadership, it will become even more uneven.

 

[Mr. dB]

A fact that many bigots don't know. There are far more white people on welfare than blacks.

Why should that be a surprise? Blacks are only about 12-15% of the US population. That's why it's called a minority group.

 

[WODIN]

Cut out the Corporate Welfare. That'd take a huge hunk out.

 

[Testosterone boy]

I am going fishing here.

Matt.....did you not have a ROTC scholarship in college? How many years did you serve after graduating?

I applaud ROTC and service, just wondering if you fulfilled the full extent of your obligation.

Graduation at 22
Service to 26
NY computer job to ?
Starts in Jacksonville as Skywalker at 27?

Is this about right?

 

[AristotleBC]

Don't worry, we can just lower taxes some more and GROW out of the deficit.

I knew you were a supply side warrior

 

[MattTheSkywalker]

I am going fishing here.

Matt.....did you not have a ROTC scholarship in college? How many years did you serve after graduating?

I applaud ROTC and service, just wondering if you fulfilled the full extent of your obligation.

Graduation at 22
Service to 26
NY computer job to ?
Starts in Jacksonville as Skywalker at 27?

Is this about right?

Actually, only one of those details are correct.

PM me if you want.

 

[Robert Jan]

welfare aint shit that´s like 0.0000001% of the US budget

 

[biteme]

welfare aint shit that´s like 0.0000001% of the US budget

Tell that to all the right wingers who think that's where all of their money is going.

 

[Robert Jan]

my thoughts exactly they think damn all those taxes... fucking leeches. almost no money goes to "leeches" in the big pic

 

[Ish]

http://www.whitehouse.gov/omb/budget/fy2005/tables.html

 

[Dial_tone]

so, as I was sayin.....does the deficit really matter or not?

 

[strongsmartsexy]

so, as I was sayin.....does the deficit really matter or not?

what deficit? The only thing I can see is the boobs in your avatar! It's not creating a deficit here. More of a raging surplus of blood...

 

[Dial_tone]

doubleclick the boobs.

 

[Razorguns]

Like i thought..

most of our money goes to defense.

meaning even further..

most of our money goes to private companies that charge $80 for a spoon and $1.5 million for a missile that costs $50,000 through employment of $12/hr workers.

I should make a powerpoint presentation: "America -- This is where your money is going!". Followed by popcorn.

 

[strongsmartsexy]

doubleclick the boobs.

*sigh* 600mg of test and I had to see that! Time to go rub one out...

 

[MattTheSkywalker]

my thoughts exactly they think damn all those taxes... fucking leeches. almost no money goes to "leeches" in the big pic

social security
medicare
defense
deficit service
pensions

these comprise the overwhelming majority of the budget.

welfare is miniscule, corporate or individual, it is almost nothing.

much of our money goes to old people.

Investing in the past is never good policy.

deficit matters because we have to pay to service it.

 

[MattTheSkywalker]

Like i thought..

most of our money goes to defense.

meaning even further..

most of our money goes to private companies that charge $80 for a spoon and $1.5 million for a missile that costs $50,000 through employment of $12/hr workers.

I should make a powerpoint presentation: "America -- This is where your money is going!". Followed by popcorn.

I should make a powerpoint: Idiocy from razorguns

"Most of the money goes to defense"

I gather you missed this line in the link then


Total, Mandatory 1,254


That is the total, in billions (1.2Trillion dollars), in 2004, that is consumed by Medicare and Social Secuirty combined. That's a multiple of what we spend on defense.

I don't suppose you have experience working with defense contractors who manufacture equipment, do you? Nor have you considered the actual cost of military salaries as a percentage of that number.

 

[Mr. dB]

That is the total, in billions (1.2Trillion dollars), in 2004, that is consumed by Medicare and Social Secuirty combined. That's a multiple of what we spend on defense.

Both of which are funded directly by payroll deductions, and not from the general fund, no?

 

[The Wenis]

much of our money goes to old people.

Investing in the past is never good policy.

geez. thank god libertarians don't run the country. we'd have to shoot all the old peeps and bury them in a pit.

i'm betting you want no public education either.

 

[Dial_tone]

geez. thank god libertarians don't run the country. we'd have to shoot all the old peeps and bury them in a pit.

i'm betting you want no public education either.

We should call you butter cuz you're on a roll.

 

[Whiskey]

it is because of... eh fuck it, who cares. it will never be fixed

Whiskey

 

[AristotleBC]

geez. thank god libertarians don't run the country. we'd have to shoot all the old peeps and bury them in a pit.

i'm betting you want no public education either.

Which is more just;

Investing in the future, children, education, (or simply allowing everyone to keep more of what they earn), or paying for prescription drugs for individuals who had an entire lifetime to plan for where they are now, and who, excuse me all to hell for saying, should have prepared for old age given that they had 65 years to do so.

Further, it would not cause me the least amount of surprise given the amount of money the guberment usually wastes on inefficient bureaucracy, if far more Net cash would be available for everyone to give to their senior family members if they were simply allowed to keep it and give it directly to their parents as they wished.

 

[AristotleBC]

BTW, I do believe that one of the few areas that is wise for the government to fund is education; look at the benefits the GI Bill provided. However, it is only sensical to fund education that works at the efficiency of industry, rather than the inefficiency of government.

Every stand in line at the DMV? Public schools are the DMV of education.

 

[Hengst]

So does the deficit really matter or not? Obviously it will never be paid off but it's not like the country is going out of business.

It was paid off 4 years ago, until bush got in office. As far as I'm concerned, there is a direct relationship between the prosperity of the 90's and the lack of deficeit.

 

[MAX 300]

Cut medicare, cut welfare, cut social security.

Sick? Well, fucking die then!

Jobless? See above!

Old? Why aren't you dead yet?

 

[john937]

End social security. Then Medicare.

My gradparents will be very interested to hear that after paying into
the Social Security system for 40 years, they are now to be thrown
out of their small apartments paid for with their benefits so
a millionaire with multiple condos can get a bigger tax refund.

 

[kunta]

Read "Running on Empty", its about the causes and problems of large deficits.

 

[Mr. dB]

Cut medicare, cut welfare, cut social security.

Sick? Well, fucking die then!

Jobless? See above!

Old? Why aren't you dead yet?

If you cut medicare and social security, then you have to cut the payroll deductions for same, which would probably end up being at best deficit-neutral, if not actually increasing the deficit.

 

[havoc]

well over $400B. Highest ever.

http://news.yahoo.com/news?tmpl=story&u=/ap/20040907/ap_on_go_co/budget_deficit_8

We could solve this problem today. End social security. Then Medicare. You'd have a half trillion surplus then. Tax refunds baby!!

Yes but this so called "defecit" does not matter at all, it's pointless, just a number in the wind, the US will still operate how it wants to operate if the budget was 0, if the budget was twice the defecit it is now and if we had a surplus of infinity, actually that's how the US acts already in regards to the infinity comment. Keep on believing sheeple.

NON-PLATINUM MEMBER

 

[Ish]

Doesn't Social Security get raided by the government when they need money? If I can't get out what I paid in SS, then it is completely useless to me. A government mandated savings plan might be better, if it was treated like a 401k or something. People, in general, won't save much on their own. Everyone focuses too much on the short term.

 

[MattTheSkywalker]

Both of which are funded directly by payroll deductions, and not from the general fund, no?

Taken from the salaries of employees and from employers.

Without deduction, without credits etc.

Just taken.

Call it what you want, it is involuntary redistribution of dollars.

 

[MattTheSkywalker]

It was paid off 4 years ago, until bush got in office. As far as I'm concerned, there is a direct relationship between the prosperity of the 90's and the lack of deficeit.

Actually it was not.

Much of the deficit is held by the Social Security trust fund, which,amazingly, still runs a surplus.

This surplus must be used to buy government seucrities, by law.

The (SS) surplus has been dwindling, therefore, so has the amount of deficit attributable to this surplus. But there has never been a true budget "surplus".

Further, the presence of a true surplus means we are being over taxed, so that's no great thing either.

 

[MattTheSkywalker]

geez. thank god libertarians don't run the country. we'd have to shoot all the old peeps and bury them in a pit.

I am saving for my retirement. If there is Social Security, or if there is not, I will be prepared for retirement.

This is called taking responsibility for your own life. It is a practice I encourage all people to embrace enthusiastically. If you are of retirement age and have not planned for those years, who shall bail you out? Younger people? Thereby enlisting the future to help the past? Where is the logic there?

Do you buy stock in companies that are going out of business? Of course not. Social Security is a pyramid scheme, nothing more.

i'm betting you want no public education either.

What I want, all I want, the one thing I desire, is the respect of property rights: A man (or woman) has the right to keep the wealth they have earned, and to dispose of it as they see fit.

I freely admit that limited government to enforce a system of laws is necessary, and that it costs money to operate. I am willing to contribute to this limited government so that my property rights are protected.

What I find abhorrent is the redistribution of my (and your) assets for things I do not see fit, and which do not have an effect on the maintenance of these property rights.

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