*Sxy LaDy*
New member
iknowrite? all the planning and payoRAB had to cost bush a fortune from his black budget!!
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Who suports the one cent plan?
- Thread starter Yes... wait a minute...no
- Start date
Wicked Batgirl
New member
You're neglecting the fact that it would change how much money that is spent by government only.
You're assuming the government has unlimited money to spend. It doesn't. It has to take it from other sectors in the economy. So when you cut spending by 7 trillion, other sectors of the economy have that 7 trillion to either spend, save, or invest.
You're assuming the government has unlimited money to spend. It doesn't. It has to take it from other sectors in the economy. So when you cut spending by 7 trillion, other sectors of the economy have that 7 trillion to either spend, save, or invest.
pi8carrots
New member
It kind of reminRAB me of this Eisenhower quote:
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its labourers, the genius of its scientists, the hopes of its children.
-Dwight D Eisenhower, 1953
It's too bad people seem to think in a vacuum, and can't relate the part to the whole.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its labourers, the genius of its scientists, the hopes of its children.
-Dwight D Eisenhower, 1953
It's too bad people seem to think in a vacuum, and can't relate the part to the whole.
Smart Blondie
New member
I like it.
If you think there is even one government program that is operating so lean that it could not cut 1% per year for six years and still keep functioning just fine then you've been brainwashed.
If you think there is even one government program that is operating so lean that it could not cut 1% per year for six years and still keep functioning just fine then you've been brainwashed.
Green And Angry Kitteh
New member
surplus came from raising taxes and controlling spending
both of which Clinton did (GOP voted against raising taxes)
the tech "bubble" wasn't that inflated because most tech jobs still exist, most tech value still exists, and the surpluses were still to come regardless of the nasdaq spike
both of which Clinton did (GOP voted against raising taxes)
the tech "bubble" wasn't that inflated because most tech jobs still exist, most tech value still exists, and the surpluses were still to come regardless of the nasdaq spike
Jesus FUCK no.
Add to that probably something like 5% inflation these coming years, and across 6 years you need to turn 1 dollar into 1.34 to maintain equal funding. Going to 94c means that funding for every program will be cut by over 30% over the next 6 years.
There is no way I want to cut government anywhere fucking near 8 trillion dollars over ten years, or reduce spending to 18% of GDP. Or 20.6% for that matter. Maybe 24 or 25% until the boomers die.
Try not to let small nurabers fool you.
I have another proposition. Why don't we just raise taxes 1 cent per year for 6 years. It's only a penny, and it will easily balance the budget.
Add to that probably something like 5% inflation these coming years, and across 6 years you need to turn 1 dollar into 1.34 to maintain equal funding. Going to 94c means that funding for every program will be cut by over 30% over the next 6 years.
There is no way I want to cut government anywhere fucking near 8 trillion dollars over ten years, or reduce spending to 18% of GDP. Or 20.6% for that matter. Maybe 24 or 25% until the boomers die.
Try not to let small nurabers fool you.
I have another proposition. Why don't we just raise taxes 1 cent per year for 6 years. It's only a penny, and it will easily balance the budget.
ParamoresOrangeHope
New member
You could cut 9 trillion over 10 years by just freezing baseline budget increases.
Amanda[Taylor.]
New member
NASDAQ loses were not $5 trillion
By the way, 99 and 05 match up, right when we made the balanced budget
it is only late 2000 where it spikes
Notice how much we gained from 93-99, even leaving out 2000
By the way, 99 and 05 match up, right when we made the balanced budget
it is only late 2000 where it spikes
Notice how much we gained from 93-99, even leaving out 2000
" . . . the late-1990s bubble that began to implode in 2000, wiping out within two years $5 trillion in paper wealth on Nasdaq, the stock market on which the shares of many tech companies are traded."
--Source - LA Times article, 2006
http://articles.latimes.com/2006/jul/16/business/fi-overheat16
--Source - LA Times article, 2006
http://articles.latimes.com/2006/jul/16/business/fi-overheat16
littledogcb
New member
Beat me to it
And futurama, if 99 and 05 match up...so then the republicans must have been doing something right all that time to rebuild the economy. Right?
And tell me, what's currency is stock value based in again?
And futurama, if 99 and 05 match up...so then the republicans must have been doing something right all that time to rebuild the economy. Right?
And tell me, what's currency is stock value based in again?