Teabaggers get a grip In President Obama's weekly address today, he laid down the law about Fiscal Discipline, something the Republican party doesn't seem to know anything about. He is working to cut the deficit in half by 2012 through fiscal discipline, and you can read all about it right here: http://www.realclearpolitics.com/ar...s_weekly_address_fiscal_discipline_96180.html Obviously understanding the complexities of a Federal Budget the size of ours is not a simple thing, especially for those lesser educated, gun loving, bible thumping, red neck conservatives. President Obama understands this and has provided clarification in simple terms that anyone should be able to understand. First off, he inherited a 1.3 trillion dollar deficit in the earmark laden budget he signed into place this year. I think its safe to say intelligent people are not listening to what those right wing liars at USA Today and other right wing think tanks when they say the Bush Deficit was $410 billion. With a lot of hard work, legislation, and spending, by 2012, we will have the deficit cut in half. In only four short years, we can look forward to a deficit of only $550 billion. Secondly, it takes money to make money, unless you have a printing press. While borrowing a whole lot of money may triple the size of the deficit, if we wisely invest that money in government sponsored green energy programs and socialized health care that covers everyone regardless of their ability to pay, we will see that money come right back to us. As Pres. O says, "we must also recognize that we cannot meet the challenges of today with old habits and stale thinking. So much of our government was built to deal with different challenges from a different era.Too often, the result is wasteful spending, bloated programs, and inefficient results." Of course spending alone will not reduce the deficit entirely. Difficult cuts in the budget are also going to have to be made, and those with "stale thinking" are probably not going to be happy about it. "Earlier this week, I held my first Cabinet meeting and sent a clear message: cut what doesn't work. Already, we've identified substantial savings. And in the days and weeks ahead, we will continue going through the budget line by line, and we'll identify more than 100 programs that will be cut or eliminated.". I think we can all agree that the policies of George W. Bush didn't work, so we can be thankful for the help balancing the budget as we kiss an era of lunacy goodbye. I once again have to acknowledge the genius of our President as I read about his plan to have government organizations work to make cuts themselves. "We don't want agencies to protect bloated budgets - we want them to promote effective programs. So the idea is simple: agencies that identify savings will get to keep a portion of those savings to invest in programs that work." It's genius! The more they cut, the more they keep! I think 10% should be enough to really motivate these organizations to make deep cuts. If the NSA slashed their entire 2009 budget to zero, they would get 10% back from the federal government to apply towards things that work! Thats better than any credit card rewards or airline miles program on the market today! I think that fiscal responsibility is something that every American can get behind, and I'm glad the President is helping people to understand what it means to be fiscally responsible.
frankly, I don't see how getting more debt for an already very indebted country is considered being "fiscally responsible".
Has not Obama spent more in the first 100 days than any President in history? I think the thread owner is trying out for a spot on the staff of The Onion and trying out his act here.
Can someone post the conservative Republican plan for fixing the economy please? I especially enjoy the part where they talk about giving tax cuts to the top 5%... again... Oops shit, I'm sorry, this was supposed to be an Obama bashing thread where we don't actually mention the same people bashing him don't have a plan of their own that isn't so embarrassing that their own party tries not to talk about it. Carry on.
See, you get the joke. I mean Republican and fiscal Conservative don't even go together. One can hardly call a 700billion dollar swing to the negative on the budget over 8 years Fiscal Conservatism, though I guess in comparison, it could be called more Conservative than a 1.3 trillion$ swing to the negative over 90 days. My understanding is many of the people calling themselves fiscal conservatives, won't even call themselves Republicans anymore. Apparently, those wacky fiscal Conservatives think that running up a massive debt is a bad idea because of the interest on that debt actually damages economic growth. Idiots. I guess they just don't understand the number of under privileged people in this country being denied their constitutional right to health care, and the American dream. I guess they don't understand that without government subsidies, green energy will fail and the planet will die because of the U.S.A.. Those idiots actually think that fiscal responsibility means letting companies that have been poorly run fail, even if that means thousands of workers will be laid off! Even Bush understands the idiocy of that, and everyone agrees he is the retard of the century. They probably think the UAW shouldn't be allowed to the front of the debt collection line from the GM bankruptcy, in front of the bond holders who held the majority of the debt. Don't they understand that the workers are more entitled to any proceeds from a bankruptcy than the bond holders? They have this wacky idea that small business is the backbone of this country, and low taxes, low government debt, and less government allow the small guys to innovate, compete, and hire. Idiots. Not to worry, I think most people are behind Obama's financial strategy. They understand that 2 trillion dollars of debt per year is a good thing, and is exactly what we need, so long as it is spent on social programs, entitlements, and lower taxes for the the lower 50% of earners of America.
I have a hard time figuring out wether your post is supposed to be serious or sarcastic. Do you actually believe piling up more debt is a good thing? Do you really think not allowing poorly run companies to run is a good thing?
If they are too big to fail then yes! And when I say too big to fail, I'm referring to the size of their union payroll roster, both currently and previously employed. Lets face it, having that many people unemployed(or loose their pensions) at once would be catastrophic for our economy, so we need to throw how ever many tax payer dollars are necessary at these companies so those people can keep their jobs! Regarding piling up the debt, letting those people keep their jobs and pensions manufacturing cars that arent selling is an investment in our country's future. One day, it will pay us back in spades!
i would like to explain it to the pugs in a language that they can understand . obama is the decider now.