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To: DuncanWaring

In 2007, the Federal Govt took in the largest amount of revenue ever in its history; $2.568 trillion. It spent $2.787 trillion with a deficit of $160 billion, a fairly easy fix to get that budget back in balance. I know what’s transpired since... but the pain is in paying off the $16 trillion.... This year, revenue will be close to it all time high, only off by a few billion but yet we will spend $1.3 trillion more than we take in. Has the economy changed so much that we can’t survive without the Govt over spending by $1.3 trillion? I just don’t get it. There’s got to be more to this story.


82 posted on 12/09/2012 5:52:14 AM PST by Heff (Too many voted for skin color, hand outs and against Mormonism.)
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To: Heff

I don’t get it either.

But even if they completely eliminate the DOD, they’re still going to be nearly a trillion in the hole (remember that a lot of what gets spent by the DOD comes back as income tax), and getting rid of the DOD puts a lot of people out of work (for the sake of this discussion, I’m bypassing the topic of what happens when the country is left defenseless).

Once they start cutting into that last trillion, “the usual suspects” will be out there inciting riots.

When The Music Stops – How America’s Cities May Explode In Violence
http://www.freerepublic.com/focus/f-news/2926391/posts


83 posted on 12/09/2012 6:12:23 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Heff
Has the economy changed so much that we can’t survive without the Govt over spending by $1.3 trillion? I just don’t get it. There’s got to be more to this story.

Cloward Piven strategy with a twist.

What is going on is a concerted effort to overspend to bring the entire monetary system down, while buying votes for the Dems and while transferring huge amounts of cash to Dem crony capitalists, causes(Islam Caliphate, enivrowhackos,etc.), and unions, which re-cycle the leftovers to the Dems.

A masterful plan,started in the 60's with LBJ and the Great Society, increased incrementally in the 70s/80s/90s/ and 00s, ramped up to full speed ahead operation by the Zero Administration, Pelosi and Reid since 2008.

All with OUR money.

And the firewall, the GOP House led by Boehner, is made of paper.

Anything else I can explain for you? ;)

84 posted on 12/09/2012 6:15:47 AM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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