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Romney a Lock - You Can Put it On the Board YESSSS!!

Discussion in 'Sports and News' started by Evil Bastard (aka Chris_L), Mar 5, 2012.

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  1. TigerVols

    TigerVols Well-Known Member

    Where have I heard all of this before? Oh, yeah...

     
  2. Bob Cook

    Bob Cook Active Member

    Why shouldn't it come?
     
  3. Baron Scicluna

    Baron Scicluna Well-Known Member

    [​IMG]

    The three biggest items are Medicare/Medicaid, Social Security and defense.

    We didn't have two wars to fight in 2001. And the others have grown, I'd imagine, as the first of the Baby Boomers started retiring.

    Either they get thrown out on the street or end up bankrupt because of medical bills, or the government takes care of them.
     
  4. The Big Ragu

    The Big Ragu Moderator Staff Member

    The government can't take care of anybody. It's not some magical, paternalistic entity with endless resources and a healing touch.

    Our government is a function of us. Not the other way around.

    If we empower our government to spend trillions of dollars every year, that money has to come from somewhere. Our tax burden as a percentage of our GDP is currently 27 percent. Our spending as a percentage of our GDP is 39 percent. That is a huge discrepancy. We are racking up debt to cover the difference. Our ability to create debt is not endless. If we want to spend as much as we do, we need to increase the average tax rate by 44 percent.
     
  5. Ben_Hecht

    Ben_Hecht Active Member



    Fredo's "Oh, I have to avenge Poppy" war lunge . . . without a single clue about the fuses they would light . . . neocon jerkoffery, cubed.
     
  6. Michael_ Gee

    Michael_ Gee Well-Known Member

    I know Ragu and some others on those board are among the small group of Americans who really do sincerely worry about the budget deficit and national debt, so I'll try to be gentle here. The first act of whoever's President and the new Congress will be to make both much bigger. Most of the 2001 tax cuts will be extended at a minimum. More likely, even bigger tax cuts will be made. The sequester spending cuts will be at least half eliminated, as the defense cuts will be wiped out, and depending on the makeup of Congress that will either be partly compensated for by cuts on spending on poorer people, or not compensated for at all.
    Neither party gives a rat's ass about the debt or deficit. The Republicans hate social spending, but that's about as far they'll go, and if forced to keep that spending to give more tax cuts to the upper wealth levels, they will cheerfully do so one more time.
     
  7. The Big Ragu

    The Big Ragu Moderator Staff Member

    You don't have to be gentle. We are in agreement about a major point. Neither party gives a rat's ass about the debt or deficit.

    When your debt is $15.7 trillion, growing rapidly, and is at a higher percentage of GDP (at a time when economic growth is slow and verging on recession again) than anytime except WWII, that should be cause for concern.

    I don't even attribute the motives to the parties that you do. I think we have a government run by corrupt horse trading and special interests who have their hands in the cookie jar (I include Social Security, Medicare, Medicaid, the military industrial complex which has nothing without government favors) and getting their hand out once you have allowed it so far in is difficult. Any talk of it gets politicians canned.

    But if it is political suicide, it is also going to be fiscal necessity which might have to be done at a time of crisis, rather than now when we can still minimize the impact of doing away with this insidious aspect of our economy that is actually a drain on us.

    We don't have endless ability to run up debt, and our pace of growth has been staggering. We get a bit of a pass because we are the United States, with the world's largest economy, but at a certain point, when our debt load gets too big -- and we are rapidly approaching at the rates of increase we are adding to the debt -- there is nothing about the U.S. that makes it any different from Spain or Italy. Getting in over your head is getting in over your head. People WILL lose confidence in our ability to pay back our debts and then perception becomes reality, because the only things keeping us from default right now are charlatan-like monetary policy and FAITH.

    I worry about our national debt, because it is being done recklessly due to the fact nobody has the fortitude or will to do what is right. We have politicians who don't want to say "no" to the gazillion special interests that rely on their largesse, and which have bought them off. And on top of it, we have a central bank that has been a partner that enables them to create debt beyond the limit they should have reached, by monetizing the debt they have run up to try to inflate it away and buy more time to create even more debt -- which of course creates an even more dire situation in the future when we hit a day of reckoning.

    It demonstrates a decisive lack of leadership. They all know what they are doing is creating an oncoming train wreck. And they do it anyhow.
     
  8. Obama starting to "officially" campaign seems to be hurting him as people are reminded he's nothing but a cipher.
     
  9. deskslave

    deskslave Active Member

    I for one look forward to accusations of politicizing the office every time he dares suggest that he'd like to be president again. Indeed, I look forward to his being castigated for behaving like every incumbent candidate in the history of ever. Because, you know, it's different and all.
     
  10. Football_Bat

    Football_Bat Well-Known Member

    It doesn't matter who wins the election. Most of those bills will come due before the new year and the losing side will be more than happy to pinch off a turd for the winners to deal with in the new term as they exit the stage.
     
  11. exmediahack

    exmediahack Well-Known Member

    For some of us, we want Romney to stick to the "old GOP policies". In 1997, I came into the business making 17k on my first job. In 2008, I peaked at 82k. The following year, I had to take a decent sized cut or get fired when hardly anyone was hiring. I feel extremely fortunate I still work in "the biz" but I have nowhere near the consumer confidence I had even three years ago.
     
  12. exmediahack

    exmediahack Well-Known Member

    As for the swing states, Colorado and Iowa bring curious cases. Unless the Democrat nominee is Dukakis, I don't see that state voting Republican for a president ever again.

    Iowa, though, is odd. Obama won it by 9 on 2008 yet they elected a Republican governor (a former governor) by 8 points against an incumbent. Whenever Obama campaigns in Iowa, he has almost the same stump speech as the failed former governor. Green energy. Level playing field. Fair share.

    Ultimately, I think the state's college students will decide who wins the state. Yet the president's base of unemployed people on food stamps may not turn out like in other states on Election Day. Iowa unemployment is only 6%.
     
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