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Well-Known Member
That's the title of the section that begins on page 19 of this document: https://budget.house.gov/uploadedfiles/pathtoprosperityfy2012.pdf
The name on the front of the document, the guy who was so anti-debt, is the same guy who is now Speaker of the House...the same guy who almost got orgasmic when he gaveled in the horrible tax cut legislation (adding $1.5+T to the deficit/debt) and last weeks' budget bill (adding hundreds of billions more to the deficit/debt).
There are only two basic components of a budget...(I know...most of you don't understand this)...revenue and spending. Everything else is a subset of revenue and spending.
We just massively reduced revenue and significantly increased spending while in a period of sustained positive economic growth with low unemployment and low inflation.
Do any of you understand how utterly stupid these policies are?? (I know GURPS and Gilligan can't...for if they did they would have to admit to the basic macroeconomic truths of the need to increase revenue during good times in order to cover the increased spending needed during bad times.)
Can any of you see the bigger picture??? Obviously our Speaker of the House (the guy who put his name on the attached document) doesn't--did he ever? We know our President doesn't (he couldn't be more incompetent on this issue). Did Pelosi even mention the fiscal insanity in her 8 hour talk?The only one who actually seems to get it in DC is Rand Paul.
All of you who b!tch about China owning our debt...who do you think is going to buy a big chunk of the $1T of new debt we are going to have to issue every year now?
All of you who b!tch about throwing money at education not solving the problem. WTF will a $700 billion defense budget solve? Is any of that money earmarked for the VA?
PS. Do any of you think there is any money left to fix our roads and bridges??? If so, where exactly do you think it will come from???
PPS. When the next recession hits...what fiscal options will we have? Here's a hint...none...we are in the midst of massive (unneeded) stimulus now...there won't be any more gas in the tank.
But hey...keep burying your heads in the sand...keep reading dailycaller and redstate...keep watching Fox...keep trolling "libprogs" and b!tching about irrelevant people doing irrelevant things or complaining about whatever townhall tells you to complain about or blindly defending and indefensible President...it is easier than actually thinking...isn't it!
The name on the front of the document, the guy who was so anti-debt, is the same guy who is now Speaker of the House...the same guy who almost got orgasmic when he gaveled in the horrible tax cut legislation (adding $1.5+T to the deficit/debt) and last weeks' budget bill (adding hundreds of billions more to the deficit/debt).
There are only two basic components of a budget...(I know...most of you don't understand this)...revenue and spending. Everything else is a subset of revenue and spending.
We just massively reduced revenue and significantly increased spending while in a period of sustained positive economic growth with low unemployment and low inflation.
Do any of you understand how utterly stupid these policies are?? (I know GURPS and Gilligan can't...for if they did they would have to admit to the basic macroeconomic truths of the need to increase revenue during good times in order to cover the increased spending needed during bad times.)
Can any of you see the bigger picture??? Obviously our Speaker of the House (the guy who put his name on the attached document) doesn't--did he ever? We know our President doesn't (he couldn't be more incompetent on this issue). Did Pelosi even mention the fiscal insanity in her 8 hour talk?The only one who actually seems to get it in DC is Rand Paul.
All of you who b!tch about China owning our debt...who do you think is going to buy a big chunk of the $1T of new debt we are going to have to issue every year now?
All of you who b!tch about throwing money at education not solving the problem. WTF will a $700 billion defense budget solve? Is any of that money earmarked for the VA?
PS. Do any of you think there is any money left to fix our roads and bridges??? If so, where exactly do you think it will come from???
PPS. When the next recession hits...what fiscal options will we have? Here's a hint...none...we are in the midst of massive (unneeded) stimulus now...there won't be any more gas in the tank.
But hey...keep burying your heads in the sand...keep reading dailycaller and redstate...keep watching Fox...keep trolling "libprogs" and b!tching about irrelevant people doing irrelevant things or complaining about whatever townhall tells you to complain about or blindly defending and indefensible President...it is easier than actually thinking...isn't it!