GOP Will Send U.S. Into Recession

[nhboy]

Link to original article.

"President Obama said conservative Republicans are willing to send America into a recession to stop ObamaCare as Washington is locked in another budget crisis.

With federal funds set to run out on Oct. 1, House Republicans passed legislation Friday to keep the government up and running, but defunded the Affordable Care Act. They have also threatened to tie a repeal of the law to legislation lifting the debt ceiling, which will need to be raised by mid-October.

Any move to defund ObamaCare, however, is a non-starter with Democrats. In his weekly address, Obama said “far right” Republicans are behind the threats in an attempt to stop the healthcare reform law.

“A faction on the far right of the Republican party who’ve convinced their leadership to threaten a government shutdown if they can’t shut off the Affordable Care Act. Some are actually willing to plunge America into default if they can’t defund the Affordable Care Act,” Obama said.

“Think about that. They’d actually plunge this country back into recession — all to deny the basic security of health care to millions of Americans.”

.....

" Obama said Congress’s “most basic constitutional duty” is to pass a budget. But with the Senate expected to reject the House-passed spending bill, government funds could run out in little over a week and put key government services at risk.

“Military personnel, including those deployed overseas, won’t get their paychecks on time. Federal loans for rural communities, small business owners, and new homebuyers will be frozen.

Critical research into life-saving discoveries and renewable energy will be immediately halted. All of this will be prevented if Congress just passes a budget,” Obama said.

Obama also said lawmakers need to raise to the debt ceiling to pay America’s bills.

“If this Congress doesn’t do it within the next few weeks, the United States will default on its obligations and put our entire economy at risk,” Obama said. "

 

[GURPS]

sorry Obama has already done that

 

[GURPS]

.....

" Obama said Congress’s “most basic constitutional duty” is to pass a budget. But with the Senate expected to reject the House-passed spending bill, government funds could run out in little over a week and put key government services at risk.

“Military personnel, including those deployed overseas, won’t get their paychecks on time. Federal loans for rural communities, small business owners, and new homebuyers will be frozen.

Critical research into life-saving discoveries and renewable energy will be immediately halted. All of this will be prevented if Congress just passes a budget,” Obama said.

Obama also said lawmakers need to raise to the debt ceiling to pay America’s bills.

nope sorry, time to cut off the credit ........ Congress has not Passed a budget the entire time Obama has been in office, only continuing resolutions




'sooner or later you run out of other people's money'

 

[tommyjo]

Link to original article.

"President Obama said conservative Republicans are willing to send America into a recession to stop ObamaCare as Washington is locked in another budget crisis.

Some are actually willing to plunge America into default if they can’t defund the Affordable Care Act,” Obama said.


“If this Congress doesn’t do it within the next few weeks, the United States will default on its obligations and put our entire economy at risk,” Obama said. "

On the Republicans...well, DUH!, the whole strategy of the crazies on the extreme right and the morons in the Tea Party is to hinder or halt the expansion...these people obviously care more about their political aspirations than they do about the country.

As for the default issue, that didn't fly last time Mr. Obama spouted it. We won't default. Debtors would have priority over most things the govt does though. The pain of not raising the debt ceiling would be immense. But that is a really stupid conversation, because they will raise the debt ceiling.

The toddlers on the right will stomp their little feet, scream and threaten to hold their breath (as children do), but the debt ceiling will be lifted.

 

[tommyjo]

sorry Obama has already done that

Yup...you are sorry...the economy has been growing since the summer of 2009. Don't they tell you that at Fox or Breitbart?

 

[tommyjo]

nope sorry, time to cut off the credit ........ Congress has not Passed a budget the entire time Obama has been in office, only continuing resolutions


'sooner or later you run out of other people's money'

And you believe that the ONLY reason a full budget has not been passed is because of the President??

 

[GURPS]

And you believe that the ONLY reason a full budget has not been passed is because of the President??

nope Harry Reid

 

[aps45819]

House Republicans passed legislation Friday to keep the government up and running, but defunded the Affordable Care Act.

Any move to defund ObamaCare, however, is a non-starter with Democrats.

Think about that, the democrats are willing to plunge the country into chaos just to keep a piece of legislation the has already proven itself to be a disaster

 

[FreedomFan]

sorry Obama has already done that

Jeez dude, just when I start to believe you're not a partisan hack, you say stupid chit like this.

 

[Tilted]

sorry Obama has already done that

Sent us into recession? No, he (or whoever we would choose to hold responsible for such things) has not. Even with government spending being a significant drag on growth, we haven't fallen into recession since we emerged from it about 4 years ago.

But shutting the government down, whoever you want to blame, could send us back into recession. It would depend, of course, on how long the shut down lasted. And failing to raise the debt limit, unless that failure was very quickly fixed, would almost certainly send us into recession. Just rhetorically toying with the idea a couple of years ago did considerable damage.

nope sorry, time to cut off the credit ........ Congress has not Passed a budget the entire time Obama has been in office, only continuing resolutions




'sooner or later you run out of other people's money'

We haven't passed all of the appropriations bills (or some kind of omnibus appropriations bill) on time, such that we didn't have to rely on continuing resolutions, for nearly 2 decades. We have to go back to President Clinton's first term in office to find a year in which we did. It doesn't matter who is in charge - Republicans holding both houses of Congress and the presidency, Democrats holding all three, or the parties splitting control of them - we never agree on a full year's budget by the start of the fiscal year any more. We never follow the prescribed budget process. We use continuing resolutions every year.

 

[GURPS]

Jeez dude, just when I start to believe you're not a partisan hack, you say stupid chit like this.

no, not at all, but it does get TJ all wraped up ....

 

[mamatutu]

Sent us into recession? No, he (or whoever we would choose to hold responsible for such things) has not. Even with government spending being a significant drag on growth, we haven't fallen into recession since we emerged from it about 4 years ago.

But shutting the government down, whoever you want to blame, could send us back into recession. It would depend, of course, on how long the shut down lasted. And failing to raise the debt limit, unless that failure was very quickly fixed, would almost certainly send us into recession. Just rhetorically toying with the idea a couple of years ago did considerable damage.



We haven't passed all of the appropriations bills (or some kind of omnibus appropriations bill) on time, such that we didn't have to rely on continuing resolutions, for nearly 2 decades. We have to go back to President Clinton's first term in office to find a year in which we did. It doesn't matter who is in charge - Republicans holding both houses of Congress and the presidency, Democrats holding all three, or the parties splitting control of them - we never agree on a full year's budget by the start of the fiscal year any more. We never follow the prescribed budget process. We use continuing resolutions every year.

You are one of the reasons I stay on this forum. Too bad you are not part of an unbiased media that millions could read/hear. So, what is your take on the GOP, Obamacare defunding, and why the Dems have to blame all of Obama's faux pas on someone else, Bush et al? I know you have discussed all this at length in other threads. Could you give the cliff notes? And, while you are at it, what is your take on the theory that America is headed toward socialism? That is not too much to ask, is it? You could probably sum it up in about 5 sentences! And, why are you not a teacher/professor teaching our children? No, I am not embarrassed to show how much I hold you in high esteem. Thanks!

 

[GURPS]

Sent us into recession?

ofc not ....

I will say other than giving money to Green Energy Companies, Gleefully increasing the 'welfare' rolls, and not tightening standards for NEW Coal Fired Power Plants ..... what has the current administration done to foster an environment for growth ...


oh yeah ... shovel ready was not as 'ready' as we expected ...

Harry Reid would not even bring Obama's JOBS bill out for a Vote

We haven't passed all of the appropriations bills (or some kind of omnibus appropriations bill) on time, such that we didn't have to rely on continuing resolutions, for nearly 2 decades. We have to go back to President Clinton's first term in office to find a year in which we did. It doesn't matter who is in charge - Republicans holding both houses of Congress and the presidency, Democrats holding all three, or the parties splitting control of them - we never agree on a full year's budget by the start of the fiscal year any more. We never follow the prescribed budget process. We use continuing resolutions every year.

I did not know this ..... but 'They' did pass a budget ? even if it was late ... or are you telling me one or more Gov. depts have been running on CR's since Clinton was in office ?

 

[Tilted]

You are one of the reasons I stay on this forum. Too bad you are not part of an unbiased media that millions could read/hear. So, what is your take on the GOP, Obamacare defunding, and why the Dems have to blame all of Obama's faux pas on someone else, Bush et al? I know you have discussed all this at length in other threads. Could you give the cliff notes? And, while you are at it, what is your take on the theory that America is headed toward socialism? That is not too much to ask, is it? You could probably sum it up in about 5 sentences! And, why are you not a teacher/professor teaching our children? No, I am not embarrassed to show how much I hold you in high esteem. Thanks!

First, thanks for the kind words.

I'll be walking out the door headed for the golf course in a few minutes, so I'll have to get back to you on most of these things. But, quickly, when it comes to our march toward more socialist policy - we've been on that track for quite some time. We've been following the playbook (i.e. Marx's). Such is the nature of democracy, it evolves into socialism.

 

[GURPS]

First, thanks for the kind words.

I'll be walking out the door headed for the golf course in a few minutes, so I'll have to get back to you on most of these things. But, quickly, when it comes to our march toward more socialist policy - we've been on that track for quite some time. We've been following the playbook (i.e. Marx's). Such is the nature of democracy, it evolves into socialism.

F.A. Hayak ...



you must have a long drive to the Golf Course, it is a bit dark out

 

[FreedomFan]

America is headed toward socialism? That is not too much to ask, is it?

Headed toward socialism? Come on mama, America IS a socialist country. This is the kind of system we want and demand.

To move away from socialism would mean getting rid of social security, the income tax, corporate welfare, medicare, medicaid, food stamps, welfare, swelling ranks of the apparatchik. And that's just to get started.

Give me one politician who stands up in support of one or more of these things, and I'll show you someone who has 15/16 of America angry with them, and is therefore unelectable. To wit: Ron Paul.

There is not one single politician in the last 100 years who has ratcheted back the entitlements and the size and scope of government.

 

[Tilted]

ofc not ....

I will say other than giving money to Green Energy Companies, Gleefully increasing the 'welfare' rolls, and not tightening standards for NEW Coal Fired Power Plants ..... what has the current administration done to foster an environment for growth ...


oh yeah ... shovel ready was not as 'ready' as we expected ...

Harry Reid would not even bring Obama's JOBS bill out for a Vote





I did not know this ..... but 'They' did pass a budget ? even if it was late ... or are you telling me one or more Gov. depts have been running on CR's since Clinton was in office ?

As the word 'budget' is being used here, as it was used in the OP (which you were responding to) - we pass a budget every year, eventually. We enact spending and, perhaps, taxing policy.

If you're talking about a budget resolution, that's something different. It has little to do with whether we have to use the continuing resolutions you referred to. We have to use CRs whether we have a budget resolution or not. And, for quite some time, the budget resolution has been mostly symbolic. It is, in essence, a chance to make political statements.

The budget resolution was supposed to matter in terms of the policy making process. But, for a long time, we haven't played by the rules prescribed for the budget process - so the budget resolution hasn't mattered. It doesn't itself have force of law, it's just supposed to guide the process for the real stuff (i.e. appropriations bills that do have force of law, that actually do matter). But even when Congress did pass budget resolutions, it didn't follow the rules such that those resolutions had a real impact. At this point, not passing a budget resolution only matters with regard to optics - it only matters in political, rhetorical terms. What matters is the actual laws that get passed, the 'budget' bills which determine what we spend.

I'll go into the budget process in greater detail later if you want to discuss it. But the point is, we need to distinguish between budget resolutions and the 'budget' that was referred to in the OP (actual laws that determine, e.g., spending), and be clear which we are talking about. The conversations are, for good reason, very different.

 

[mamatutu]

First, thanks for the kind words.

I'll be walking out the door headed for the golf course in a few minutes, so I'll have to get back to you on most of these things. But, quickly, when it comes to our march toward more socialist policy - we've been on that track for quite some time. We've been following the playbook (i.e. Marx's). Such is the nature of democracy, it evolves into socialism.

Enjoy your day on the golf course. Golf has been a big part of my life; it is a wonderful game. I wish you could play with Obama. I am sure that you could help him with his duck hook, and let him know that mulligans are not really allowed in the Rules of Golf!

 

[GURPS]

I'll go into the budget process in greater detail later if you want to discuss it. But the point is, we need to distinguish between budget resolutions and the 'budget' that was referred to in the OP (actual laws that determine, e.g., spending), and be clear which we are talking about. The conversations are, for good reason, very different.

my [limited] understanding of Budget

Budget = How much Money we spend on XYZ

ya know Snail Darter research, pay checks and rent


start @ 1:50 - 3:10 ... 'the budget' [not counting entitlements]

 

[abcxyz]

Rather go back in to a recession than the 2nd Great Depression Obamacare is going to end up causing. Lessor of 2 evils.