Beg to differ.
They know exactly what they're doing. They just need another four years to finish the piece.
Posted on 02/18/2012 4:24:09 AM PST by yoe
House Budget Committee Chairman Paul Ryan and Treasury Secretary Tim Geithner spar over debt. Transcript below:
Video............
(Excerpt) Read more at realclearpolitics.com ...
Translation: “We’re friggin’ winging it!”
Here’s an idea: hang ‘em all and start over.
The key word being "rational", answers the question.Half the folks in this nation are sorely lacking sufficient brain cells.
Try capitalism.
It will work if tried.
They just cannot be honest about what they are doing. The truth won’t win them much with normal people.
To give him credit, John Maynard Keynes did have a solution for the long term consequences of his policies...
He said he’d be dead by then. And. He is.
Problem solved.
Clearly the solution is sending more of our industrial base to China.
/s
Beg to differ.
They know exactly what they're doing. They just need another four years to finish the piece.
The solution is extremely simple, and the Republican controlled House of Representatives could do it RIGHT NOW, all by themselves, without approval from either the Senate or Obama.
All they have to do is stop raising the debt ceiling and we have an instant balanced budget. Then say, "Ok, these are our revenues, this is all we can spend."
In 2011, the government took in $2.5 trillion in direct revenue. So let's use that as what we have to base a budget on. Fine, so now send someone out back to pull the budget from 2005, which was a $2.4 trillion budget. Now we've got a $100 billion surplus with which to pay down some of the existing debt.
Problem solved. It's that simple: only spend what you make.
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