XPost: alt.society.liberalism, alt.atheism, talk.politics.guns
From: lunch@nofreelunch.us
On Fri, 17 May 2013 21:33:09 -0400, "Scout"
wrote in alt.atheism:
>
>
>"RD Sandman" wrote in message
>news:XnsA1C355EB2227Fhopewell@216.196.121.131...
>> Free Lunch wrote in
>> news:q8ecp89mm9551f49598bpg671a3crfq49k@4ax.com:
>>
>>> On Thu, 16 May 2013 20:54:15 -0500, RD Sandman
>>> wrote in alt.atheism:
>>>
>>>>Free Lunch wrote in
>>>>news:kroap89c498pgk07js3e5cui1tq7od9edk@4ax.com:
>>>>
>>>>> On Thu, 16 May 2013 18:24:10 -0400, "Scout"
>>>>> wrote in alt.atheism:
>>>>>
>>>>>>
>>>>>>
>>>>>>"Free Lunch" wrote in message
>>>>>>news:8fmap81ea903324epphsnlp94855m2l0o2@4ax.com...
>>>>>>> On Wed, 15 May 2013 20:49:30 -0500, RD Sandman
>>>>>>> wrote in alt.atheism:
>>>>>>>
>>>>>>>>Free Lunch wrote in
>>>>>>>>news:fb48p8h4dheale4uoutm46c91a0ni7p8qc@4ax.com:
>>>>>>>>
>>>>>>>>> On Wed, 15 May 2013 16:41:05 -0600, deep wrote in alt.atheism:
>>>>>>>>>
>>>>>>>>>>On Wed, 15 May 2013 16:47:25 -0500, RD Sandman
>>>>>>>>>> wrote:
>>>>>>>>>>
>>>>>>>>>>>> And I believe Obama signed into law some $800 Billion of
>>>>>>>>>>>> additional spending into that budget while he was President.
>>>>>>>>>>>>
>>>>>>>>>>>> Since they had already budgeted more than they had in revenue
>>>>>>>>>>>> shouldn't we calculate that entire amount added under Obama as
>>>>>>>>deficit
>>>>>>>>>>>> spending?
>>>>>>>>>>>
>>>>>>>>>>>
>>>>>>>>>>>;)
>>>>>>>>>>
>>>>>>>>>>Gee, and here I thought the budget was the responsiblity of the
>>>>>>>>>>House of Representatives.
>>>>>>>>>>
>>>>>>>>>>Since when did The Executive write the budget?
>>>>>>>>>
>>>>>>>>> The budget is just a plan. It has never had any meaning for
>>>>>>>>> congress, even if they pass it. The spending and tax bills are
>>>>>>>>> supposed to try to match the budget that might have been passed,
>>>>>>>>> but if they don't, no problem, only the spending and tax bills
>>>>>>>>> become law.
>>>>>>>>
>>>>>>>>And when compared to the budget, become deficits and surpluses
>> which
>>>>>>>>add to the debt.
>>>>>>>
>>>>>>> Indeed they do. One of the biggest concerns in the West right now
>> is
>>>>>>> that government spending has cut back too much, slowing the growth
>>>>>>> of the US, giving the Eurozone another recession and leaving the UK
>>>>>>> dead in the water. Deficits can be good or bad, depending on the
>>>>>>> rest of the economy. The national debt is already a sunk cost and
>>>>>>> can be generally ignored for short-term planning.
>>>>>>
>>>>>>Well, European countries are free to donate as much money as they
>>>>>>like. I'm sure the Obama can find something to spend it on. He
>>>>>>certainly hasn't had trouble spending far more than we have.
>>>>>>
>>>>> You don't seem to understand the problem. Austerity at this time
>> hurts
>>>>> Europe and it hurts the US. Austerity supporters have demonstrated
>>>>> their ignorance of economics.
>>>>>
>>>>
>>>>Not really, that ignorance of economics was there before the austerity
>>>>measures were put into place to try and fix them.
>>>
>>> Austerity during a recession is one example of ignorance by political
>>> leaders. There's plenty of other nonsense that many political leaders
>>> believe, economic and otherwise. Reactionary leaders tend to believe
>> the
>>> most nonsense.
>>>
>>
>> The problem was that those countries were overspending on their GDP and
>> had been for years. It caught up with them.
>
>Yea, and we're suppose to join them by continuing to overspend on ours.
>Highest deficits in US history and he says they still aren't high enough.
They were only highest in nominal dollar amounts. Raising taxes on the
wealthy and raising spending will help the economy grow without
increasing deficits.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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