Pelosi: There's No 'Spending Problem'
- Thread starter GURPS
- Start date
MMDad
Lem Putt
She said it. What do you think, that her trying to weasel her way out of any real answers makes her statement any less stupid?
If you make $100,000 per year, yet you spend $150,000 per year, do you have an earning problem or a spending problem? Are you the type that says you need to earn more so you have money for the necessitites like cruises, lobster, and designer purses?
Why is this so hard for you to understand?
SamSpade
Well-Known Member
No, I've seen the show and read it. It does put in a nutshell what she and others believe or at least, try to propose - that more taxes can do most of the work. And the truth is, outright confiscation of all the wealth of the richest Americans won't even come close to closing the gap.
She quickly resorts to a little legerdemain regarding spending cuts - how can anyone realistically refer to anything called a spending cuts which results in huge increases in the yearly deficit?
Here's the thing - we've reached a point in our taxation of the economy in a similar vein to where our industry affects the environment - we can't keep taxing the economy at greater rates, and not adversely affect its performance. We all hear about how the economy is rebounding, but it still hasn't managed to return federal revenues equal to 2007. You know, when all those tax cuts were in force. I'm not advocating cuts, I'm saying that what we're doing now isn't generating the kind of economy that will deliver that kind of federal revenue. Because it's killing the goose that lays the golden eggs.
She doesn't get it. And I think you realize it. Despite dismissals of the argument, the comparison to a household budget demonstrates it simply - when you're running a monthly deficit, you DO have a spending problem, not an earning problem and not a "deficit" problem. Deficits are caused by exactly two things - too much money going out and not enough money going in. We've nearly reached the point of diminishing returns when it comes to taxation - you can tax more, but you won't get more. That leaves spending, and nothing they've proposed resembles real cuts.
Chris0nllyn
Well-Known Member
Nothing will change until these people, and the people who vote for them get a clue.
Really Single out the Medicare Part D ..........
how many 'programs' have the liberals added .......
bcp
In My Opinion
Of course, Boehner is a liar and it's all Bushes fault.
and she likes to point out the wars (which I believe she was in favor of at the time) as a huge expense.
well, they were and still are huge expenses but as Ive pointed out before, you end the war, you end the expense and then there is a chance that one day, they will be paid off.
however, the foolishness coming from the democrats like obamacare and entitlements are never going to be paid off, they are going to be a continued burden on the country for eternity. And what do we really get for our money? a bunch of uneducated lazy leaches in good health. Just means they will be around longer to suck up the free stuff. I say, let them die.
The people who keep voting her ass back into office are the most clueless people staggering around America.
bcp
In My Opinion
and how many more of them would there be if pot laws didnt have the locked up for their safety?