The Gross National Debt

Thursday, April 14, 2011

The good, the bad and the completely ridiculous to believe - contains strong language and images

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Brace yourself.

In his speech, the president actually said something I like and agree with. Shocking, I know.


The good

He proposed $2 in cuts for every $1 in new taxes. This is the kind of budget America can live with and needs.

But you understand federal spending originates in the House of Reprehensibles, presently controlled by Reboobicans. The president has as much chance of getting those idiots to adopt his budget as he does od getting me to vote for him in 2012.
Well. It has happened.

I also note STRICTLY FOR THE DAMNOCRATS AMONG US, the House of Reprehensibles despite being CONTROLLED by Damnocrats FAILED TO PASS A BUDGET, making us a fiscal global laughing stock. Apparently Damnocrats had things more important to do than passing a budget. What was more important I have yet to see, but something obviously kept ‘em from doing their job.

Ah, I got it. Incompetence.
  
New motto for Congress.
Irony. I knows it when I sees it.
Aside - does anyone except me see the irony in the current president calling for a balanced budget and decreased federal spending? Is this the same president who, leading the Damnocrat-led congress, pushed us into new record deficit spending and made government larger than it has ever been before? Did I miss something. Maybe I slept through the Invasion of the Body Snatchers or the takeover by the Stepford Politicians.

The Bad

The bad part of the president's speech, aside from he is the president and the man who delivered the speech, is: It is a typical politician speech.

Long on promise.

Short on substance.

Looks for a middle ground instead of finding a solid position and standing on it.

POTUS makes grandiose promises, without getting specific. Where are the cuts coming from? What departments are being cut? What programs are gonna have less money? Will anyone get laid off? What services will be scaled back or eliminated?

If his budget actually makes the kind of cuts he proposes, he at least hints are where cuts will come from.

"Around two-thirds of our budget is spent on Medicare, Medicaid, Social Security, and national security. Programs like unemployment insurance, student loans, veterans' benefits, and tax credits for working families take up another 20%. What's left, after interest on the debt, is just 12 percent for everything else. That's 12 percent for all of our other national priorities like education and clean energy; medical research and transportation; food safety and keeping our air and water clean," he said.

In other words, expect to see a LOT MORE stuff shifted back to the states and then expect to see the states shift as much as they can back to local government.

The shift is gonna hit the fan.

The Completely Ridiculous To Believe It

Pundits and commentators are agog over one part of the president's plan. (remember it ain't be adopted yet and likely won't be).

Unless budget targets are met, automatic spending cuts and tax hikes kick in.

Excuse me. I have to be blunt here. Where's Penn & Teller when I need 'em? Ah. There they are.



Not clear enough? Sorry. Try this.

Am I clear yet?

I'm certainly trying to be clear.

Ya wants feel-good lies, ya looks somewhere else. Ya wants truth ya in the right place.
If you believe that automatic spending cuts and tax increases will take place if Congress does not act, than you are beyond delusional.

The last time Congress passed legislation that would do something this drastic automatically, they passed NEW legislation to postpone the implementation.

In other words, Congress said, "Nope. Can't do this now. We'll push it back."

Automatic cuts absolutely, positively without question Will Not Happen.

Members of Congress are not going to let their authority to do something be usurped. Not gonna happen. Am I clear on this? If not, well, I can't help you understand it then.

The president also says his budget will get the US back to being balanced by 2014.
Balanced budget by 2014?

Ahem.

Again,

His proposal requires Congress to stick to the spending plan he puts forth.

The last time Congress stuck to a spending plan for more than one year was before I was born.

We'll have another election before 2014 and who wins then will determine what direction we head in fiscally. My money is on continued idiocy in Washington.

The other part of the prez' budget plan, which has been HIGHLY overlooked is: It gets set aside if the nation is at war.


I was born in the late 60s. The United States has been at war constantly since the 1950s. Yes huh. Some people won't see it that way because they have a delusional view of what a war is.

If military troops are firing live bullets and intentionally killing other people, that is war. Your mileage may vary.

So I repeat, the United States entered a war in in the early 1950s and has not been in a state of peace since. The war which started in the 1950s is still going on, has not stopped and may get a whole lot hotter very soon.

Bearing this in mind, if the nation is at war, the spending plan is set aside. Since we are at war and have been for decades, the spending plan is automatically set aside even before it is adopted.

But such sleight of hand is SOP in Washington.

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