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Originally Posted by GatorB
(Post 18335251)
NO I didn't fail math. Why don't you get numbers from the actual budget and show me REALISTIC cuts you can make and come up with a balanced budget. Take the 2010 budget for example.
Total revenue $2.381 trillion
$664 billion - Military
$695 billion ? Social Security
$453 billion ? Medicare
$290 billion ? Medicaid
$164 billion ? Interest on National Debt
TOTAL $2.266 trillion
Amount left over $115 billion.
All other expenses $1.171 trillion.
So everything else needed to get by 90% just to give you a balanced budget without touching Military, SS, Medicare, Medicaid. Now how is a 90% cut even remotely realistic?
Even if you decided to be "fair" and cut everything equally you'd have to cut everything by 30%. Is that realistic? I'm sure granny is going to love getting her $1000 SS check cut down to $700. I'm sure our fighting men and women will love their 30% pay cuts too.
And that just balances the budget it doesn't even reduce the deficit it just prevents it from getting larger. There was no way to get the 2010 budget balanced without increased taxes.
See I use actual DATA instead of spouting nonsensical crap that's not backed up by anything.
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Agreed. And every single dollar of the deficit spent in the US, will come out of the US economy.
US Economy is I believe around $13 trillion.
Cutting the debt by 1 trillion makes the economy only $12 trillion.
Maybe we should cut Government spending and let private firms take over the jobs lost. Just like Health Insurance.
You go on the road and the moment you get off your drive way, a meter in your car starts clocking up miles which deletes money from your bank account. Say 10 cents a mile. Go 10 miles and it costs $1, travel 500 miles a week and it costs $50 a week. $2600 a year to pay for the roads you drive on. Cost per mile will vary depending on the vehicle. Or just slap a charge on fuel and pay that to the company building roads, or not building roads and just taking the money and giving it to shareholders. :Oh crap
Phone the private security firm because the police are gone and tell them your wife is being anally raped by a Hispanic. The man on the other end informs you your plan doesn't cover rapes by Hispanics or Anal raping. And would you like to update for the future. :Oh crap
OK the rapist is gone and you phone another company to get her taken to send a paramedic. They also inform you your plan doesn't cover rapes by Hispanics or Anal raping and suggest you take her to the hospital yourself.
Problem is you did own a grocery store selling goods in an area that used to be full of people on Social Welfare. When they didn't have any money the shop closed, but not before there was a riot and the store was robbed. Also not covered in your security plan. And you don't have any money in your bank account, so your car won't start.
You used to say "Why should I not keep the money I make." Now you understand why.
Extreme examples, but this is what would happen if the lending were cut to vastly reduce the deficit. Look around you and see what the spending gives you and not
only what it costs you.
I'm a capitalist and oppose over taxation of the very wealthy, because it's ineffective, raises little and just a political ploy. However I still appreciate what my taxes have brought me. The money being borrowed is at 1.3%, yes a little must be trimmed and many countries need to get off the debt merry go round.
The only way to do that long term and keep it in a good balance, is by producing goods in the US and not importing so many goods and exporting so many jobs.
$695 billion ? Social Security
$453 billion ? Medicare
$290 billion ? Medicaid
$1.1777 trillion a lot on looking after people who can't find a job. Where was the car you drive made? Just one example, but I'm sure others will see the foolishness of exporting jobs. Then paying out a trillion dollars to look after people who could be working.
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United States Unemployment Rate
The unemployment rate in the United States was last reported at 9.1 percent in July of 2011. From 1948 until 2010 the United States' Unemployment Rate averaged 5.70 percent reaching an historical high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: United States Unemployment Rate chart, historical data and news.
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Go play with the graph and show the difference in the last 50 years. Hit up the rate during the Bush Presidency. That rate was paid for by borrowing. If those workers had been in productive profitable job, the lending would be lower. Because he also cut taxes and raised spending. How do Republicans feel about that?
