If we increase the GDP, which should be our focus, get the gov. out of the way, we will have enough to pay down all of our debt, taxes, and maintain our SS and defense easily.

right2bright on August 1, 2012 at 8:19 PM

Come on, you’re not that naive.

If we increase GDP and more money starts flooding into the fed coffers they’ll ramp up (read accelerate) their spending. Neither party has shown any kind of fiscal discipline when they had the chance to make a difference. Neither. In decades. Why do you think it will happen in the future?

And even if the republicans can be somehow magically held to this promise (have they actually promised such a thing?), what’s to stop the leftists from ramping it right back up once they regain power (and they always do)?

Dustin Siggins on August 2, 2012 at 12:25 AM

I suppose, but that’s neither here nor there. My point was that if we had a Constitutionally based government this post would be moot as there would be no deficits to worry about. The federal government should limit its self to Constitutionally authorized activities and leave the “worthwhile” legislation to the states where it belongs.

This is one of our worst problems, the word “worthwhile” should never be used when evaluating a federal program, they are either constitutional, or they are not.

You could cut all other spending besides those four areas from next year’s budget, and you’d almost certainly still have a deficit.

Dustin Siggins on August 1, 2012 at 6:53 PM

Please, don’t buy into that liberal mantra…that’s ridiculous…all of those cuts would come, and on top of that other cuts, which would change the reflection of our economy, as each cut in gov. is created, and the reduction in taxes and regulation that goes along, our economy increases and our productivity increases which creates more income, income for everyone, and more taxes than are paid by everyone.

The burden of our debt does not come from defense % of GDP is less than it was in the 50′s…It’s less than 5% of GDP (in 1956 it was nearly 10%). SS 6% of GDP…

If we increase the GDP, which should be our focus, get the gov. out of the way, we will have enough to pay down all of our debt, taxes, and maintain our SS and defense easily.

It drive me crazy that supposedly conservatives, buy into what they have been fed by the media for decades…but it fits, it is so easy to warp a simple mind. Congrats, you are just part of the masses that have been fed at the trough of misinformation.

Yes, you can come up with figures to back up your claim…of course, you have been well trained…

When you get Harry Reid to agree, give us a call, mmmkay?

On Friday, the White House announced its expectation that the Fiscal Year 2012 deficit will be $1.2 trillion, the fourth fiscal year in a row with a deficit of at least one trillion dollars

…what!…but…but JugEars was going to cut the deficit in half!

This all comes shortly after Senate Majority Leader Harry Reid’s (D-NV) unlawful decision to not pass a federal budget for the fourth fiscal year in a row

…no way!…I’m sure Eric Holder has had press conferences on this, and wants to make an example of the Senate for the States and private business, so that they don’t think his office is ONLY a political arm of the Democrap party!!

Both.

There is no budget from October 1 until the republicans regain control of fiscal discipline.

Shut it down.

And when we gain control, we can take the essential services out of these dramatic efforts. The National Parks will close? An endowment. The Smithsonian will close. Create a fiscally sound Board of directors, that fund raise and don’t waste money. People should not be threatened ever again.

And make sure those pink slips go out where the sequester is stopping employment in the defense areas. Make the president come out and say what he wants to cut and what he wants to fund. Why should anyone re elect him this time without a God’s honest answer.

M2RB: Old 97s

I think a lot of people are ready, but I think many people are also somewhat unwilling to cut/reform (which really are the same thing, by and large) Social Security, Medicare, and defense, which are about 55% of the budget. Add in interest payments, and that’s just shy of 70% of the budget off the table. With all of those except defense set to skyrocket in the next few years, we’re in serious trouble if we don’t reform them now.

You could cut all other spending besides those four areas from next year’s budget, and you’d almost certainly still have a deficit.

The liberals and rinos, progressives who like to spend, spend,
spend are the problem.

One by one they are being replaced.

The Budget Control Act is a fiscal joke, yet it could cause a great deal of harm to worthwhile federal programs

The last ‘bullet’ for the Romney campaign to fire at the Obama run for term two.