Skip to comments.Robert Reich: "There Is Nothing That Is Particularly Important About Balancing The Budget"
Posted on 03/26/2013 4:45:35 AM PDT by Sir Napsalot
"There is nothing that is particularly important about balancing the budget," former Secretary of Labor Robert Reich said Monday night on Current TV.
(Excerpt) Read more at realclearpolitics.com ...
Nice to have an ex-Labor Sec and now Berkeley professor to tell us that.
“There Is Nothing That Is Particularly Important About Balancing The Budget”
Unless there’s a Republican living in the White House
As a teenager enrolled in a high school “Basic Business” class, I had better sense than this. It would be interesting to see if his personal finances are as loose as his fiduciary advice here is.
More stupefying, Liberal idiocy!!
These people are EARN A LIVING at this?
Especially when we pay this moron’s salary and credit card bills.
There IS something particularly important about it:
There is no dignity quite so impressive, and no one independence quite so important, as living within your means. - Calvin Coolidge
How about I run a deficit with you then Reich? You do some work for me and then I dont pay you... No problem with that?
Robert’s comment simply tells you that he knows the Democrats are facing huge problems for not facing up to the fiscal mess Obama created. Like saying, “Yeah, I robbed the bank but no big deal.”
Had he only run and served again we might have missed FDR and a whole slew of problems. The death of his son cost America more than we realize.
The harry lawn gnome speaks...
The Nth proof (where N is a very large number) why science and math are not friends of liberals.
And of course, we know where those who cannot do any real productive work go.....
Ummm, Robert--the poorer 50% of the population pay NO TAXES AT ALL! (Can you hear me down there?)
Yeah right, no need to obey the U.S. Constitution. After all, it is a "Living Document" that we can choose to obey or not according to Progressives and Liberals alike.
They’re still using the stupid meme that for every $1.00 they spend on unemployment benefits, you get $2.00 worth of economic activity. That’s what he’s talking about, even though the last five years have proved that idea to be totally, completely wrong. They still cling to it because it’s the only way they can justify their spending.
There is nothing particularly important about ordering and eating a meal and not being able to pay for it.
Hey, I like this game...it's fun! See how many stupid thing you can come up with!
In a vacuum, that is true, but the point is that we need to be on a sustainable path. With rising healtcare costs, entitlement demographics, stagnant growth and a declining labor participation rate, we are not on a sustainable path.
Hey Reich - do you increase your personal debt each and every year? No. So you are a liar. You do think its important.
Scary the number of IDIOTS that get time in the news..
Reich is lying. He is another enabler of the Cloward Piven strategy to increase government spending on entitlements until the system collapses and the enlightened elites can establish a dictatorship in the rubble.
Did you mean that?
Not only is it important, it is essential that surpluses be produced and the debt reduced, because if interest rates ever return to what happened in the 1980s the country is sunk. We’re talking about a debt of over 40 trillion dollars in just ten years even if every budget is otherwise balanced in that period.
“When your outgo exceeds your income, your upkeep will be your downfall.” (Paul Harvey)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.