Quote:
Originally Posted by Vendzilla
Obama said he wouldn't deal with the republicans over the budget? When's the last time Obama had a budget issued on time? Answer, 4 years ago!
The thing I don't get is recently it was let out that the government are getting more in tax revenue than any other time in history, yet we still spend more than we bring in, and we have no budget to speak of, and Obama wants to raise taxes?
I love this
If the sewer pipe in your house blew and filled your house with shit, all the way to the ceiling, would you raise the ceiling?
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Would you buy a bigger pipe? Do a little research. US budget roughly is -
1 - 25% debt interest
2 - 25% military
3 - 25% Social Security and Medicare
4 - 25% The rest
So figure out how to cut 10% if you can't cut the first three like the Republicans want? The Democrats won't cut 1 and 3 and are big fans of 4. Bernake already cut number 1. It is lower then it was in 2000 as a % of GDP. So number 2 needs to be on the table and deadly third rail needs to be finally dealt with.
OR the USA can go broke. The whole budget thing is a fight over the fact no one wants to touch number 3 one which is growing the fastest. Everyone knows it, and no one would reelect them if they cut it so we pretend to fight over number 4.
So yes, you raise the roof and hope you are out of office before the place fills up totally.