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How can Liberals Balance the Budget?

 
Ohio Dude
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01/28/2011 09:19 AM
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How can Liberals Balance the Budget?
The US federal government is 1500 Billion in debt this year.

If the liberals had every last congressional seat they still couldn't balance the budget. Perhaps they would eliminate the entire defense budget, that saves 600 Billion. There is still 900 Billion left to cut. Where will it come from?

I say they couldn't do it. They wouldn't touch welfare, education or anything else. Can any super-commie liberal out there give me 900 Billion? I challenge you.
Anonymous Coward
User ID: 1246635
United States
01/28/2011 09:22 AM
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Re: How can Liberals Balance the Budget?
The last president to balance the budget was Bill Clinton.

Bush saw the end to that.
Ohio Dude  (OP)

User ID: 826185
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01/28/2011 09:38 AM
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Re: How can Liberals Balance the Budget?
The last president to balance the budget was Bill Clinton.

Bush saw the end to that.
 Quoting: Anonymous Coward 1246635


That was during the stock bubble. A momentary thing. It was unbalanced for a long time before that. And Bush's debt wasn't anything like now.


The conservatives can't balance it either. Rand Paul wants to eliminate the departments of education and energy completely and that is only 500B. One third. It's impossible to balance our budget and we will default in just a few years.

But come on liberals and those who are brave enough to think like a liberal: What are their dream cuts? It can't be done.
Anonymous Coward
User ID: 1246559
Germany
01/28/2011 09:40 AM
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Re: How can Liberals Balance the Budget?
There is nothing to "balance", the US budget is completly out of control!

Even if you would cut education, welfare and all the so called liberal-commie stuff it wouldnt be enough to balance anything. Face it: If the US would be a company you would just call it bancrupt.

In a very short time the US will have hard problems to even pay the interest on all the debt. No chance to pay back...

The most probable solution: Inflation
Art Smass
User ID: 1246558
United States
01/28/2011 09:44 AM
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Re: How can Liberals Balance the Budget?
What the fuck is a liberal again?

End the wars. Bring 'em home.

If Rand Paul wants it, it is probably a good idea.

Put both Paul's on a ticket ...I'm in.
Ryline
User ID: 1246667
United Kingdom
01/28/2011 09:54 AM
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Re: How can Liberals Balance the Budget?
Governments print own money that's how.
Anonymous Coward
User ID: 1246677
Canada
01/28/2011 09:59 AM
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Re: How can Liberals Balance the Budget?
First you need to understand that money is not real. It is just numbers that people use. Budgets do not actually have to be balance, because they are imaginary. One of the biggest problems people face is that they think money is real and so they use it as an excuse not to do things. Starvation is real. People do not eat money, they eat food. So we should simply give the food that is needed to the starving. What we do instead is say that food costs money, as an excuse not to do the things we should. The same is true of any disaster relief. We do not need to send money to help the victims, we need to send people and materials. As long as you believe money is real and that columns of numbers need to add up, you will never progress.
Anonymous Coward
User ID: 522705
United States
01/28/2011 10:00 AM
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Re: How can Liberals Balance the Budget?
There is nothing to "balance", the US budget is completly out of control!

Even if you would cut education, welfare and all the so called liberal-commie stuff it wouldnt be enough to balance anything. Face it: If the US would be a company you would just call it bancrupt.

In a very short time the US will have hard problems to even pay the interest on all the debt. No chance to pay back...

The most probable solution: Inflation
 Quoting: Anonymous Coward 1246559



Yep.....Inflation is the only way to begin to get us out of this hole....

I still don't think it is possible to completely get out of this mess.



.
Anonymous Coward
User ID: 842983
United States
01/28/2011 10:02 AM
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Re: How can Liberals Balance the Budget?
The US federal government is 1500 Billion in debt this year.

If the liberals had every last congressional seat they still couldn't balance the budget. Perhaps they would eliminate the entire defense budget, that saves 600 Billion. There is still 900 Billion left to cut. Where will it come from?

I say they couldn't do it. They wouldn't touch welfare, education or anything else. Can any super-commie liberal out there give me 900 Billion? I challenge you.
 Quoting: Ohio Dude


In his state of the union teleprompter reading Obama said he would spend the us back into a balanced budget.

1dunno1

He said he would buy some "innovation". Dat will do the trick!
Anonymous Coward
User ID: 1240036
United States
01/28/2011 10:03 AM
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Re: How can Liberals Balance the Budget?
foreign aide,high end taxation pre Reagan oil subsidies.pharma subsidies?
Anonymous Coward
User ID: 846424
United States
01/28/2011 10:08 AM
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Re: How can Liberals Balance the Budget?
The US federal government is 1500 Billion in debt this year.

If the liberals had every last congressional seat they still couldn't balance the budget. Perhaps they would eliminate the entire defense budget, that saves 600 Billion. There is still 900 Billion left to cut. Where will it come from?

I say they couldn't do it. They wouldn't touch welfare, education or anything else. Can any super-commie liberal out there give me 900 Billion? I challenge you.
 Quoting: Ohio Dude


Republicans couldn't do it either. Shit, no one could. We've gone to the edge and jumped off. We're fucked.
static void

User ID: 1055544
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01/28/2011 10:08 AM
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Re: How can Liberals Balance the Budget?
Stop using the term "liberal". It makes you sound like an idiot.

Anyway, Medicare, Medicade, SSI, and defense spending. Dig into those four and you can start to cut the deficit.
Also tax code needs to be redone. More incentives for companies to come back to America.
However, even then there is an issue. Even if the tax code was redone, it is still cheaper for someone to hire foreign workers than Americans. China is already starting to feel the pains of having a big economy; you can't have an economy running at +10% every year without other costs rising. They can't have their cake and eat it too.
Anonymous Coward
User ID: 1220916
United States
01/28/2011 10:09 AM
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Re: How can Liberals Balance the Budget?
The last president to balance the budget was Bill Clinton.

Bush saw the end to that.
 Quoting: Anonymous Coward 1246635



No. The last Congress to balance the budget was led by Republicans. Clinton submitted a budget with 200 billion dollars when Congress gave him a balanced budget.
Mercurius
User ID: 1081195
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01/28/2011 10:10 AM
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Re: How can Liberals Balance the Budget?
The debt was even being paid down under Clinton. Then Bush
came, got us into a needless war in Iraq, and let Wall Street
run wild. He left the economy in tatters. Takes more than two
years to fix eight years of mistakes!
Anonymous Coward
User ID: 1246637
Hong Kong
01/28/2011 10:11 AM
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Re: How can Liberals Balance the Budget?
How can political parties based on ideologies solve corporation based problems?


Derp...derp derp depr???



Ask the right questions.....you might get answers that really matter, son.
ToSeek

User ID: 1239774
United States
01/28/2011 10:12 AM

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Re: How can Liberals Balance the Budget?
The US federal government is 1500 Billion in debt this year.

If the liberals had every last congressional seat they still couldn't balance the budget. Perhaps they would eliminate the entire defense budget, that saves 600 Billion. There is still 900 Billion left to cut. Where will it come from?

I say they couldn't do it. They wouldn't touch welfare, education or anything else. Can any super-commie liberal out there give me 900 Billion? I challenge you.
 Quoting: Ohio Dude


Raise taxes on the rich. (Isn't that the usual answer?)

Last Edited by ToSeek on 01/28/2011 10:12 AM
Ohio Dude  (OP)

User ID: 826185
United States
01/28/2011 10:19 AM
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Re: How can Liberals Balance the Budget?
The US federal government is 1500 Billion in debt this year.

If the liberals had every last congressional seat they still couldn't balance the budget. Perhaps they would eliminate the entire defense budget, that saves 600 Billion. There is still 900 Billion left to cut. Where will it come from?

I say they couldn't do it. They wouldn't touch welfare, education or anything else. Can any super-commie liberal out there give me 900 Billion? I challenge you.
 Quoting: Ohio Dude


Raise taxes on the rich. (Isn't that the usual answer?)
 Quoting: ToSeek


You could tax everyone in the entire country 100% and it wouldn't cover the deficit. This is a fact. This is how huge the problem is.

I was going to flame you but then I realized your sarcasm. LOL.

I should go to democraticunderground and pose the question. I would be banned in microseconds.
Gloomy

User ID: 1222777
United States
01/28/2011 10:25 AM
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Re: How can Liberals Balance the Budget?
You can't balance a debt blackhole, we've already crossed the event horizon.

The several options I see are World War III (which we can't afford), we dump the USD and go with a new currency, or option 3, we collapse into a third world country.

Last Edited by Archangel Raphael on 01/28/2011 10:27 AM
Fuck ATS

User ID: 1239894
United States
01/28/2011 10:29 AM
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Re: How can Liberals Balance the Budget?
by going so far negative it somehow becomes a zero or positive number? (liberal logic)
Anonymous Coward
User ID: 1238902
United States
01/28/2011 10:34 AM
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Re: How can Liberals Balance the Budget?
why do you guys always fall for this debt game.

its a total scam.

same shit that happens after every war.

the US plans its strategies decades in advance.
Anonymous Coward
User ID: 1238902
United States
01/28/2011 10:36 AM
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Re: How can Liberals Balance the Budget?
The last president to balance the budget was Bill Clinton.

Bush saw the end to that.
 Quoting: Anonymous Coward 1246635


That was during the stock bubble. A momentary thing. It was unbalanced for a long time before that. And Bush's debt wasn't anything like now.


The conservatives can't balance it either. Rand Paul wants to eliminate the departments of education and energy completely and that is only 500B. One third. It's impossible to balance our budget and we will default in just a few years.

But come on liberals and those who are brave enough to think like a liberal: What are their dream cuts? It can't be done.
 Quoting: Ohio Dude



so by your logic, if Bush sr. actually was the reason that Clinton balanced the budget, then Bush is the reason Obama cannot???
Anonymous Coward
User ID: 1246559
Germany
01/28/2011 10:45 AM
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Re: How can Liberals Balance the Budget?
I think it is somehow funny that some people here believe that the conservatives or the liberals could solve the US economic problems. In my point of view there cant be a solution inside the system, when the system itself is the problem.
Understand the reality of an exponential function and you will realize that the US dept will just grow every year fast and faster. The sooner you realize the less hard you will fall.

Dont believe the polititians of every colour! Face it: They are very well paid professional lyers, they will tell you everything you want to hear, thats how they get elected.
They will tell you that golden towers can grow forever, but the truth is: Golden towers wont grow forever, they collapse!!!
Anonymous Coward
User ID: 1242715
United States
01/28/2011 10:46 AM
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Re: How can Liberals Balance the Budget?
The last president to balance the budget was Bill Clinton.

Bush saw the end to that.
 Quoting: Anonymous Coward 1246635


You are really naive. Clinton do not control budget. House do and they happened to be controlled by Republicans.

Before this year, the house was controlled by democrats for 8 years.
Anonymous Coward
User ID: 1242715
United States
01/28/2011 10:51 AM
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Re: How can Liberals Balance the Budget?
Get rid of Patriot Act. Get rid of Department of Education, etc. That will get done in a hurry. They just need balls to do that.

[link to stossel.blogs.foxbusiness.com]
Anonymous Coward
User ID: 1126660
United States
01/28/2011 10:56 AM
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Re: How can Liberals Balance the Budget?
ask bill clinton largest surplus ever.until you republictards came into power.now biggest defciet. dick oil spell devil6 :bushhitler: wizkid owhine drama :ttb:
Anonymous Coward
User ID: 953466
United States
01/28/2011 10:57 AM
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Re: How can Liberals Balance the Budget?
How can conservatives who hate and vilify government be trusted to run government successfully?

It's like letting the fox guard the hen house.
Anonymous Coward
User ID: 1235538
United States
01/28/2011 11:00 AM
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Re: How can Liberals Balance the Budget?
Liberals have vowed not to vote for or support any republican that spends the publics money like it grows on trees. Liberals also won't start frivolous wars that cost trillions of $$ and much suffering/death. Liberals do not support corruption.
Anonymous Coward
User ID: 1227257
United States
01/28/2011 11:01 AM
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Re: How can Liberals Balance the Budget?
China isn't cutting defense.

China isn't cutting funding to their schools.



China is still kicking our ass in the global economy.


FAIL FAIL FAIL.

If anything your so called liberals are more communistic which puts them in Chinas league.



Maybe your definition of Liberal is wrong.
Anonymous Coward
User ID: 1245891
United States
01/28/2011 11:08 AM
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Re: How can Liberals Balance the Budget?
Obama: "We're out of Money."
[link to www.c-span.org] [Warning: PDF]

In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: "We are out of money."

C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president.

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits

CNN: "The figure Walker cites includes future payments that government entitlement programs would have to pay, including $32 trillion owed by Medicare."
[link to www.cnn.com]

"Add together the unfunded liabilities from Medicare and Social Security, and it comes to $99.2 trillion over the infinite horizon."
[link to www.dallasfed.org]

U.S. unfunded liabilities: over 112 Trillion dollars
[link to usdebtclock.org]

Bloomberg: U.S. Is Bankrupt and We Don't Even Know
Let’s get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills.
Based on the CBO’s data, I calculate a fiscal gap of $202 trillion, which is more than 15 times the official debt. This gargantuan discrepancy between our “official” debt and our actual net indebtedness isn’t surprising. It reflects what economists call the labeling problem. Congress has been very careful over the years to label most of its liabilities “unofficial” to keep them off the books and far in the future.
[link to www.bloomberg.com]

Washington Post: Obama's debt commission warns of fiscal 'cancer' "that will destroy the country from within"
"We can't grow our way out of this," Bowles said. "We could have decades of double-digit growth and not grow our way out of this enormous debt problem. We can't tax our way out."
[link to www.washingtonpost.com]

Your Future in 15 Seconds

[link to www.youtube.com]
Anonymous Coward
User ID: 1227257
United States
01/28/2011 11:08 AM
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Re: How can Liberals Balance the Budget?
Liberals have vowed not to vote for or support any republican that spends the publics money like it grows on trees. Liberals also won't start frivolous wars that cost trillions of $$ and much suffering/death. Liberals do not support corruption.
 Quoting: Anonymous Coward 1235538




65% of our national debt was accrued during periods of time when Republicans controlled both the congress and presidency.

So you are 100% correct.

Also when you take into account the high interest rates of the 70s and 80s that means 80% of interest payments were from periods of time when Republicans controlled both the congress and presidency.

So you are 100% correct.

Republicans are bad for the economy.

Southern Republican states have the highest poverty rates and joblessness rates. NOT TO BE CONFUSED WITH THE UNEMPLOYMENT RATE. You actually have to have filled out an application within the last 90 days to be considered unemployed and be included in the official unemployment rate.


To be sure. A higher percentage of Californians have jobs than ANY southern state except Texas. Even though those southern states officially have lower unemployment rates.
Ohio Dude  (OP)

User ID: 826185
United States
01/28/2011 11:19 AM
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Re: How can Liberals Balance the Budget?
The last president to balance the budget was Bill Clinton.

Bush saw the end to that.
 Quoting: Anonymous Coward 1246635


That was during the stock bubble. A momentary thing. It was unbalanced for a long time before that. And Bush's debt wasn't anything like now.


The conservatives can't balance it either. Rand Paul wants to eliminate the departments of education and energy completely and that is only 500B. One third. It's impossible to balance our budget and we will default in just a few years.

But come on liberals and those who are brave enough to think like a liberal: What are their dream cuts? It can't be done.
 Quoting: Ohio Dude



so by your logic, if Bush sr. actually was the reason that Clinton balanced the budget, then Bush is the reason Obama cannot???
 Quoting: Anonymous Coward 1238902


WOW. I think I lost IQ points by reading your response. Watching tellytubbies on the TV from the backseat of your dad's SUV isn't doing much to teach you about civics.





GLP