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Thread: November

  1. #11
    Senior Member YardleyLabs's Avatar
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    Quote Originally Posted by Goose View Post
    Are you delusional? If not then why don't you tell us where all the money to pay for this crap is coming from.

    In February our nation took in $107 billion, but spent $328 billion. Now I know big numbers make leftists dizzy but if you get your calculator out you'll see that's a $221 billion shortfall...in just one freaking month!

    If your neighbor earns $107 a month but spends $328 a month would you loan him money? Would anybody on this board loan him money? Any of you lefties? Our debt rolls every 4 years or so and that disaster is just around the turn. Hell, it's no wonder Obama bows to all the global leaders. We owe them a ton of money...and we'll never, ever repay it.

    The country is bankrupt and all you want to do is print/borrow and spend? We're on a death train to hell.

    We live in Cuba now.
    Interestingly, that is equal to the deficit incurred in February 2009 and not dramatically higher than the $171 billion deficit in February 2007. I believe that the deficit needs to come under control. The single most effective thing that can be done to reduce the deficit is to get the economy moving. That has been happening and more work is needed. However, February is also historically one of the lowest months of the year for Federal receipts and routinely generates massive deficits.

    However, we are now facing two problems. First, spending has increased dramatically because of the Bush bailout program and the Obama stimulus bills. Those increases are spread across two years ending late this year. They incorporate both short-term tax cuts (revenue decreases) and short term expenditures for a total deficit contribution of about $1.5 trillion or $750 billion per year.

    Second, we have experienced a massive decline in Federal receipts. The combination of tax cuts and recession reduced Federal receipts by $400-500 billion per year in 2008, 2009 and 2010 as compared with prior years. Some of this will come back because of economic turnaround. However, as a result of tax cuts, Federal receipts as a percentage of GDP are declining by almost 15%. In fact, Federal receipts now are running at about the same levels as during the last year of the Clinton administration in absolute dollars or less than that in real dollars.

    If you separate those changes between non-budget programs such as Medicare and social security, vs. on-budget programs such as defense and Federal agencies, the results are much more dramatic. General on-budget receipts from things like personal and corporate incomes taxes have declined in absolute dollars while receipts from off-budget sources (primarily payroll taxes) have increased by almost 30%. Off budget activities are still operating at a surplus.

    To eliminate deficits for on-budget items would require a cut of about 50% in these activities th achieve balance without deliberate efforts to increase revenues (i.e. taxes). Unfortunately, Americans have gotten used to having a not just a free lunch, but also a free dinner. It will be very unpleasant as we relearn how to either pay for all our meals or go hungry.

  2. #12
    Senior Member zeus3925's Avatar
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    Quote Originally Posted by david gibson View Post
    i am just sick. i am sick of hearing the dems say how this is a win for the american people and insult the republicans that are against it when the majority of americans are against it as well!

    bush had - still has - more class in his pinkie toenail that obama and pelosi combined. it is so classless for a president to point fingers and call out names like he does.

    such a divisive matter should not be settled like this when the majority of americans are against it and it wins by the skin of its teeth by last minute deals and arm-twisting, and who knows what else.

    and if you think federal funds wont ever be used for abortion in this bill you are delusional. Stupak sold out to save face, thats all.
    You don't remember Harry Truman do you? "...that Joe Martin and his do nothing Congress." "McCarthy says he has a list right there in his briefcase. Well I'll tell you what is really in that briefcase. Its a fifth and he kills one of them every damn day."
    Zeus

    I don't want to feed an ugly dog!

  3. #13
    Senior Member luvmylabs23139's Avatar
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    Quote Originally Posted by Henry V View Post
    Health care reform - check
    Children’s Health Insurance Reauthorization Act - check
    Removing Barriers to Responsible Research with Human Stem Cells - check
    American Recovery and Reinvestment Act - check
    Rededicated mission for success in Afghanistan - check
    Continued success in Iraq - check
    Continued and renewed actions to prevent great depression - check
    Banks repaying bailouts - check
    Reinstating PayGo principles - check
    Beginning stages of recovery from the great recession - check
    Jobs bill - check
    Energy bill - to be determined
    Earmark reform - to be determined
    Immigration reform - to be determined

    Yes, November will be interesting and it is still 6 months away. 2012 even more so.
    Socialism check
    comunism check
    destroy the US as we know it check
    Hihope Hiland Heathen of Perth CD, RE, CGC, TDI

  4. #14
    Senior Member M&K's Retrievers's Avatar
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    My heartfelt thahks go out to DNF for his future contributions to new health careless plan. Thanks for his higher taxes he will pay. Thanks for the fee reductions he will enjoy. And thanks for his increased patient load.
    M&K's HR UH Tucker of Texoma JH
    M&K's SHR Prime Black Angus
    M&K's Miss Jessie Girl JH
    Sir Jacob of Lakeview-Jake
    Freeway JYD

    Mike Whitworth

  5. #15
    Senior Member Gerry Clinchy's Avatar
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    Quote Originally Posted by Terry Britton View Post
    A big part of the problem is how we get canidates for such meager pay. We should use conscription to obtain canidates, and vote in the best of the best. The best of the best do not want the jobs because they are running big corporations or their own very succesful businesses. These guys will be competitive enough to do a great job if they were forced into office.

    Imagine the possibilities.
    You could call it "community service"

    OTOH, would we have to be concerned about "meager pay" if it wasn't considered to be a lifetime career as it has become in modern times?

    I've felt for a long time that it should be a requirement to hold a real job in private industry for at least 5 years before one can hold public office. Might be instructive on how to read a balance sheet & live within one's means.
    G.Clinchy@gmail.com
    "Know in your heart that all things are possible. We couldn't conceive of a miracle if none ever happened." -Libby Fudim

    ​I don't use the PM feature, so just email me direct at the address shown above.

  6. #16
    Senior Member dnf777's Avatar
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    Quote Originally Posted by M&K's Retrievers View Post
    My heartfelt thahks go out to DNF for his future contributions to new health careless plan. Thanks for his higher taxes he will pay. Thanks for the fee reductions he will enjoy. And thanks for his increased patient load.
    You're welcome. But if I'm getting gov't wages, then I'm working gov't hours, and taking gov't holidays. I love what I do, and won't quit due to lower pay, but will work more "normal" hours and days.

    What we all need to worry about is the future crop of bright, intelligent, motivated doctors who are still in HS and college. We need to worry that this next generation of fine doctors will say, "F%#K it!" and go into some other, high paying job that will compensate them accordingly and not be sued in a free-lottery system for less than perfect outcomes.

    Haven't seen or heard any tort reform in this bill, but then again, I'm only on page 978 of 1800.
    God Bless PFC Jamie Harkness. The US Army's newest PFC, but still our neighbor's little girl!

  7. #17
    Senior Member zeus3925's Avatar
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    Quote Originally Posted by dnf777 View Post
    You're welcome. But if I'm getting gov't wages, then I'm working gov't hours, and taking gov't holidays. I love what I do, and won't quit due to lower pay, but will work more "normal" hours and days.

    What we all need to worry about is the future crop of bright, intelligent, motivated doctors who are still in HS and college. We need to worry that this next generation of fine doctors will say, "F%#K it!" and go into some other, high paying job that will compensate them accordingly and not be sued in a free-lottery system for less than perfect outcomes.

    Haven't seen or heard any tort reform in this bill, but then again, I'm only on page 978 of 1800.
    Like getting a MBA which is becoming a license to raid and pillage.
    Zeus

    I don't want to feed an ugly dog!

  8. #18
    Senior Member Leddyman's Avatar
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    Quote Originally Posted by dnf777 View Post
    You're welcome. But if I'm getting gov't wages, then I'm working gov't hours, and taking gov't holidays. I love what I do, and won't quit due to lower pay, but will work more "normal" hours and days.

    What we all need to worry about is the future crop of bright, intelligent, motivated doctors who are still in HS and college. We need to worry that this next generation of fine doctors will say, "F%#K it!" and go into some other, high paying job that will compensate them accordingly and not be sued in a free-lottery system for less than perfect outcomes.

    Haven't seen or heard any tort reform in this bill, but then again, I'm only on page 978 of 1800.
    Shut Up! You are starting to make sense and its scaring the hell out of me.
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    There could be 5 or 6 ninjas in this room right now.

  9. #19
    Senior Member dback's Avatar
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    Quote Originally Posted by Leddyman View Post
    Shut Up! You are starting to make sense and its scaring the hell out of me.
    It was the "Undocumented Psychologist" exam
    "What a difference a week makes. This week I feel like a football coach. Last week I felt like Britney Spears' choreographer."
    Coach Bob Green, Montana Tech

  10. #20
    Senior Member Hew's Avatar
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    Quote Originally Posted by Henry V View Post
    Health care reform - check
    Children’s Health Insurance Reauthorization Act - check
    Removing Barriers to Responsible Research with Human Stem Cells - check
    American Recovery and Reinvestment Act - check
    Rededicated mission for success in Afghanistan - check
    Continued success in Iraq - check
    Continued and renewed actions to prevent great depression - check
    Banks repaying bailouts - check
    Reinstating PayGo principles - check
    Beginning stages of recovery from the great recession - check
    Jobs bill - check
    Energy bill - to be determined
    Earmark reform - to be determined
    Immigration reform - to be determined
    You lefties can't seem to get your stories straight. I thought Obama was being thwarted at every turn by the Party of No and that the rules of the Senate had to be completely rewritten to get around all that unprecedented obstructionism.
    I'll take the river down to still water and ride a pack of dogs.

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