Why There's a Debt Stalemate and what it means for Obama

Discussion in 'Current Events' started by James Cessna, Nov 22, 2011.

  1. James Cessna

    James Cessna New Member

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    These discussions were very good.

    Obama has shown absolutely no leadership when it comes to workable solutions for our huge deficit spending crisis.

    "As is known, these "entitlements" are the central cause of long-term budget deficits. From 2005 to 2035, their cost will nearly double as a share of national income, projects the Congressional Budget Office. How big a government do we want? What's the balance of fairness between young and old? How much should other programs be reduced or taxes raised? Many Democrats duck the fundamental policy questions and reject any benefit cuts."

    There is no leadership from the nation's "leader." The president won't talk specifics, but government consists of specifics.

    The reason we cannot have a large budget deal is that Americans haven't been prepared for one. The president hasn't educated them, and so they can't support what they don't understand. Left or right, there are no comfortable positions. No one relishes curbing Social Security or Medicare benefits. But without changes, taxes will go way up, the rest of government will shrink dramatically or huge deficits will persist.

     
  2. James Cessna

    James Cessna New Member

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    Obama is the most incompetent presidents we have ever had.

    It is almost as if he is purposefully trying to destroy our economy so he can replace it with some new socialist experiment

    The Republicans are opposed to raising taxes of any kind because they know for a fact the Democrats will waste these new revenues on more wasteful welfare programs and other forms of government spending!
     
  3. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Democrats never intended to cut spending. The Super Committee was a left handed dog and pony show.
     
  4. James Cessna

    James Cessna New Member

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    You are very correct, BestViewedWithCable.

    Unfortunately, the Democrats want to blame the breakdown in talks on the Republicans.

    However, the Republicans are rightfully opposed to raising taxes of any kind because they know for a fact the Democrats will waste these new revenues on more wasteful welfare programs and other forms of government spending!
     

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