REJOICE, America! It's 1993, All-OVER-Again!!!

[Mr. Shaman]

"President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

Yesterday in his weekly radio and Internet address, Obama said he is determined to "get exploding deficits under control" and said his budget request is "sober in its assessments, honest in its accounting, and lays out in detail my strategy for investing in what we need, cutting what we don't, and restoring fiscal discipline."

Reducing the deficit, he said, is critical: "We can't generate sustained growth without getting our deficits under control."

​

 

[Andy]

So the fact that he blew about $1 Trillion in additional debt, is irrelevant because he's going to reduce the deficit while increasing our debt?

Tell me Shaman, what's the point of reducing the deficit, when you double the debt?

Put it another way, if I offered you $10,000 dollars of debt, to reduce your monthly deficit by $10, would you take that? If so, I'll give you my phone number, I've got a great deal for you.

 

[Mr. Shaman]

Tell me Shaman, what's the point of reducing the deficit, when you double the debt?

Precedence, Skippy, PRECEDENCE!

​

"It is not so long ago, that economists and politicians on both sides of the Atlantic fretted about the US government's escalating budget deficit and the ballooning size of public debt.

The days of gloom are over.

A booming economy has generated massive tax revenues, and President Bill Clinton now predicts that it would take the government just 16 years to reduce the public debt to zero."

 

[Little-Acorn]

REJOICE, America! It's 1993, All-OVER-Again!!!

And we all remember what happened in 1993.

Democrats got the Presidency and both houses (just like now)...

...and proceeded to try to enact the most leftwing, socialistic agenda in the nation's history (just like now). The centerpiece was Hillarycare, put together by the then-First Lady. When people realized what was in it, they called their Congressmen in droves, demanding that they vote NO. The plan was defeated, and the next year, voters kicked the Democrats out of every majority in the Federal government, as well as most states.

Fast forward to today. Guess what was in the so-called "stimulus bill" that Obama just signed? That's right: Most of the long-rejected Hillarycare! With many of its newly-defined "crimes", bans against doctors making their own diagnoses, huge new bureaucracies, etc.

But this time the Democrats were cunning enough to NOT publish it in a book as they did in 1993, and they rushed the vote through before the bill was even available to civilians to read and find out what was in it. So now it's law, and people are just beginning to find out what's been imposed on them in the dark of night, as it were.

Last time they tried this (1993), the American people booted them out in droves at the next election.

So, hopefully Mr. Sham-man is right: Maybe this will be 1993 all over again!

 

[Mr. Shaman]

And we all remember what happened in 1993.

Democrats got the Presidency and both houses (just like now)...

...and proceeded to try to enact the most leftwing, socialistic agenda in the nation's history (just like now).

Yeah....the outcome was absolutely tragic.


​

 

[Pandora]

I read the date wrong, I read 1939 I think that it might be a little more accurate

 

[Mr. Shaman]

I read the date wrong, I read 1939 I think that it might be a little more accurate

Riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiight............


​

 

[PLC1]

​

I already posted a thread about this very subject, only with a much more accurate editorial. It's right here.

So, he's slashing the deficit to only half a trillion, when the last outrageously out of balance budget, before all of the bailouts and stealfromus bills were passed that is, was a mere slightly noticeable 4.77 trillion, 1.77 of it stolen from SS. Wow. He's promising to have a budget only slightly less outrageous than that, and do it in just four years!

Now, I'm impressed.

 

[chestnut]

​

You're an idiot if you think that he has a great plan. It will fail, because he doesn't have a clue what he is doing and it is apparrent in everything he's done so far.

I can't even think of anything that has been a positive.

 

[Mr. Shaman]

So, he's slashing the deficit to only half a trillion, when the last outrageously out of balance budget, before all of the bailouts and stealfromus bills were passed that is, was a mere slightly noticeable 4.77 trillion, 1.77 of it stolen from SS. Wow. He's promising to have a budget only slightly less outrageous than that, and do it in just four years!

You make it sound like magic....when it'll (merely) be an act of COMPETENCE....by the same team that cleaned-up after Daddy Bush's economic-debaclehttp://news4florida.tripod.com/indexfraud.html.

​

 

[Mr. Shaman]

Republicans had better start stocking-up on crying-towels!

They're gonna NEED 'EM!!!!!!!!!!!!

​

"A survey of leading economists finds them now forecasting a far deeper and more painful recession ahead in the first half of the year, but a modest pickup in the second half of 2009, followed by a solid recovery in 2010."

 

[PLC1]

Republicans had better start stocking-up on crying-towels!

They're gonna NEED 'EM!!!!!!!!!!!!

​

If those economists are right, then you're right too.

Were those the same economists who predicted the current deep recession so accurately? Just wondering.

 

[Mr. Shaman]

If those economists are right, then you're right too.

Were those the same economists who predicted the current deep recession so accurately? Just wondering.

Seeing-as-how we've been living on borrowed (Chinese) bucks, ever since MBA Georgie decided pre-War tax-cuts were a good-idea, it doesn't take an economist to make such predictions.....only someone who's had to balance a check-book, rather-than running-to-Daddy (every time you've gotten yourself into another financial-jam).

​

 

[HankHill]

Republicans had better start stocking-up on crying-towels!

They're gonna NEED 'EM!!!!!!!!!!!!

​

Followed by a sharp downturn in 2011, and eventually right back where we started.
​

On a side note, I found a recent picture of Mr. Shame-an... Look familiar?

 

[PLC1]

Seeing-as-how we've been living on borrowed (Chinese) bucks, ever since MBA Georgie decided pre-War tax-cuts were a good-idea, it doesn't take an economist to make such predictions.....only someone who's had to balance a check-book, rather-than running-to-Daddy (every time you've gotten yourself into another financial-jam).

​

Does it take an economist to see that since we've been living on borrowed bucks for eight years due to increasing spending while cutting taxes, that increasing spending even more while continuing to cut taxes is going to increase the deficit even more? When Bush said he'd cut the deficit in half in four years, he was just blowing smoke. When Obama says the same thing, the smoke is still the same color, and that deficit he says he'll cut in half is now more than double the one Bush wasn't really going to cut in half.

So, which is the best plan:

Not cutting the $477 billion dollar deficit in half in four years, or
Not cutting the 1.2 trillion dollar deficit in half in four years?

It's a difficult choice, isn't it?

The government has become quite good at not cutting the deficit in half. Almost as good as it is at not ending illegal immigration, not winning the "war on drugs" and not putting an end to Islamic Jihad.

In fact, the federal government is great at not doing what it should be doing, while attempting to do what it isn't supposed to be doing.

At last. Something that the federal government is really good at.