17 Responses to What I’d do about the fiscal cliff
Ripley on December 22, 2012 at 4:41 am
On the defense side, many federal contractors are already holding off on hiring and projects, waiting to see what Congress does, Fuller said. The spending reductions could cost 325,700 jobs, including 48,100 civilian Department of Defense employees. Suppliers and vendors that depend on military contractors could also shed 282,400 jobs.
Boy, that’s going to be really great for the housing markets/economy in a lot of red states and Rep congressional districts. Great plan Poli!
Ripley, one could make that kind of argument for any cut in spending. A job here, a hundred there, a thousand another place. So you are giving no solutions.
It looks like Dems get minor cuts in some services like head start which doesn’t hurt them economically, but Rep areas lose lots of good paying defense jobs. While Dems favorite programs like medicaid are untouched by cuts. Repubs were bozos for agreeing to this scheme in the first place. And which voters suddenly decide to start voting Republican after this happens?
Once, just once, I like to have a GOP politician get up and speak the truth.
We cannot spend money we do not have nor can we borrow money that our children can never pay back. To continue to do so will cause our currency to become worthless. In order to fix the the country must accept a 5% real reduction in all programs each year until the debt is retired (Social Security included) Nothing is off the table. All tax subsidies will be eliminated.
It’s the only way. All this talk about the so called fiscal cliff is gibberish.
True, but 5% isn’t enough – even if it cuts everything across the board. We don’t truly start to make a dent until there are double digit % cuts per year across the board — no exceptions. none.
Yes it is. I am talking about 5% sequential cuts every year, 1st year spend 5% less than last year. The following year impose an additional 5% cut. You cut the monster down by 5% per year. Its quite doable. It gives the participants of entitlements plenty of notice on getting alternate means of income.
If it is such a red state problem then why are states like CA in such a mess? That place is nothing but an entitlement state and moonbeam wants to keep on spending. The dems have been in charge of that place forever and they never saw a spending bill that they did not like. The entitle there are Illegals, teachers and public employee unions and you name it. You need to think about how you define entitlement. Wasn’t it Obama that also gutted welfare reform and last thing I knew those were hard-core blue voters.
Industry and Wealth are fleeing the leftist ‘blue’ entitlement states for a reason, but the libturd trolls are too busy memorizing talking points, which have no basis in actual reality, to comprehend why this is happening. The liberal left are the FOOLS who never learn from the mistakes made throughout history and so they are doomed to repeat them.
On the defense side, many federal contractors are already holding off on hiring and projects, waiting to see what Congress does, Fuller said. The spending reductions could cost 325,700 jobs, including 48,100 civilian Department of Defense employees. Suppliers and vendors that depend on military contractors could also shed 282,400 jobs.
Boy, that’s going to be really great for the housing markets/economy in a lot of red states and Rep congressional districts. Great plan Poli!
People like you led to the downfall of Greece and Spain. Wake up to reality bub.
“there would be a 9.4% cut to discretionary defense spending, such as overseas operations and weapon systems.”
I forgot this. Got a defense plant in your district?
Hey, dimbulb, repeat after me: “We don’t have a revenue problem — we have a SPENDING PROBLEM.”
Seriously, what part of that basic concept are so slow to grasp?
Ripley, one could make that kind of argument for any cut in spending. A job here, a hundred there, a thousand another place. So you are giving no solutions.
It looks like Dems get minor cuts in some services like head start which doesn’t hurt them economically, but Rep areas lose lots of good paying defense jobs. While Dems favorite programs like medicaid are untouched by cuts. Repubs were bozos for agreeing to this scheme in the first place. And which voters suddenly decide to start voting Republican after this happens?
We are not going to fix our fiscal problems. It will fix itself.
Like the guy at Macro Analysts says, faster, cheaper, better, always wins in the end.
Wait for the self-correction, it’s coming and it will be painful.
I simply cannot pop enough corn.
Poli:
Once, just once, I like to have a GOP politician get up and speak the truth.
We cannot spend money we do not have nor can we borrow money that our children can never pay back. To continue to do so will cause our currency to become worthless. In order to fix the the country must accept a 5% real reduction in all programs each year until the debt is retired (Social Security included) Nothing is off the table. All tax subsidies will be eliminated.
It’s the only way. All this talk about the so called fiscal cliff is gibberish.
True, but 5% isn’t enough – even if it cuts everything across the board. We don’t truly start to make a dent until there are double digit % cuts per year across the board — no exceptions. none.
And Republicans have never done that, ever. Not Reagan, not W Bush – no exceptions. None.
Yep.
That’s why I said we won’t fix this.
It *will* fix itself.
That’s an excuse, not a plan.
The lefty communists are counting on a lot of non-thinking lemmings like Ripley.
Get a clue in December:
“True, but 5% isn’t enough”
Yes it is. I am talking about 5% sequential cuts every year, 1st year spend 5% less than last year. The following year impose an additional 5% cut. You cut the monster down by 5% per year. Its quite doable. It gives the participants of entitlements plenty of notice on getting alternate means of income.
Speaking of entitlements, when are the bedrock red states going to pull themselves off the federal dole?
We could save a lot of money by stopping the flood of federal money from blue states to red.
Red state welfare is the conservative’s Big Bird, they just love it.
If it is such a red state problem then why are states like CA in such a mess? That place is nothing but an entitlement state and moonbeam wants to keep on spending. The dems have been in charge of that place forever and they never saw a spending bill that they did not like. The entitle there are Illegals, teachers and public employee unions and you name it. You need to think about how you define entitlement. Wasn’t it Obama that also gutted welfare reform and last thing I knew those were hard-core blue voters.
Industry and Wealth are fleeing the leftist ‘blue’ entitlement states for a reason, but the libturd trolls are too busy memorizing talking points, which have no basis in actual reality, to comprehend why this is happening. The liberal left are the FOOLS who never learn from the mistakes made throughout history and so they are doomed to repeat them.
We must never forget that a “cut” to a politician is a reduction in the planned increase, not a true cut at all.