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Post by ChrisM on Nov 18, 2012 8:42:39 GMT -6
Why all the concern about sequestration? Mandatory cuts of 100 Billion from a budget of 3.8 trillion equals what.... 2 percent?
Besides, Washington never really cuts anything. These so called "cuts" are in fact only reductions in the growth already written into future budgets, through the houcs pocus of base-line budgeting.
Increasing federal spending by 6% each year instead of the 8% assumed by the CBO hardly rates as draconian in my book. And yet everyone on both sides of the isle, and all the media (left and right) label these "cuts" as a "fiscal cliff" that will push us into another recession. Really?
Both parties are equally responsible for this nonsense. They all want to spend money...they just differ on where it should be spent.
If a 6% annual growth in federal spending is considered "drastic cuts," what chance do we have of ever getting our fiscal house in order?
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Post by mostinterestingmanintheworld on Nov 18, 2012 11:44:21 GMT -6
none
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Post by thorsmightyhammer on Nov 18, 2012 16:46:05 GMT -6
It was close to "in order a several short years ago.
What happened?
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Post by mostinterestingmanintheworld on Nov 18, 2012 17:56:13 GMT -6
Republicans and Democrats fked it up.
Let us be invaded by another country and changed the culture for one thing.
Spent a hell of a lot of money they didn't have for another.
America is circling the bowl as we watch idly by.
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Post by James on Nov 18, 2012 18:20:31 GMT -6
I swear, just yesterday on another forum I saw two posts saying that the authors were owed Social Security and Medicare because they'd paid taxes for them all these years. . . but we should cut "entitlements."
No wonder we're in trouble.
Jim
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