the Great American Tea Party Downgrade And China Can Take A Sip

[slinger777]

soon the government will outlaw size xxx large and make it illegal to consume 10,000 calories a day then you will change your tune

[CmonMan101]

Not fringe, Buddy.

Just keep telling yourself that if it makes you feel better.

[teledan105]

That's right, Phil- the people who held out for less borrowing and spending caused the problems. Pass the Kool Aid, bro.

[alexhicks9624]

lolwtf am i watching?

Why do we need government?

Because people are greedy and evil, and they need to be kept in check.

Who runs the government?

Uhh.... greedy and evil people?

ALL HAIL OUR ROBOT OVERLORDS.

[jepst41]

A look at Ryan's plan compared to the Democrats plan: Do a search on "A choice of two futures". We are heading down the path of the Wiemar Republic, and a hard economic turn to the right is the only way this country is going to survive.

[jepst41]

Raising the debt ceiling has nothing to do with the downgrade. Its a spending problem. We spend more on entitlements alone (social security, medicare, medicaid, welfare, and debt interest) than we take in. And the baby boomers are about to retire. Raising taxes won't raise revenue. The US never takes in more than 20% of GDP, no matter if the top rate is 91% under FDR or 28% under Reagan. The answer it to lower corporate taxes and watch the economy take off, then implement Ryan's plan.

[lmcdowall]

@jepst41 Um...We were down graded because we needed to reduce spending and increase revenue by 4 trillion...3 parts spending cuts and 1 part revenues... Obama and Boehner were working to create a deal to do just that but the Tea Party balked. Social Security has huge a huge surplus btw. I never thought I would say this but John Boehner was the good guy in this but he was unable to control the Tea Party. Btw The Ryan plan actually makes the debt worse...look it up.

[jepst41]

@lmcdowall We owe more than the annual GDP. THAT is the issue that no one wants to realize. SS is taking in less than is being paid out, as we have 125 million people working paying into it and over 60 million withdrawing. And there is a major shift in demographics coming. It is completely disingenuous to blame the tea party, because in reality, raising taxes wouldn't have raised revenue in this economy.

[lmcdowall]

@jepst41 "We owe more than the annual GDP" So what? That means nothing...Japan owes 200% of GDP and the Yen is strong as ever. The Bush tax cuts are the SINGLE largest contributer to our debt problem. You are misinformed and likely have been watching FOX or listening to Rush. SS has a suplus BTW look it up...not on Newmax though, kk bye

[jepst41]

@lmcdowall Japan is way more screwed than us. And nice insults. Typical leftist reply. The CBO economists blaming the Bush tax cuts are sucking off the government tit. I have a PhD in statistics. I analyze this stuff for fun!!! (I know, pathetic). They use static models that don't take into account the fact that money will always go where it is treated the best. BTW, S&P said if we had passed the Ryan budget, we would have kept the AAA credit rating.

[jepst41]

@lmcdowall Blaming the Tea Party is like having a fat guy walk onto extremely thin ice, having a feather fall on his shoulder, and him breaking through the ice and blaming the feather!!! Just the truth. The only thing that is going to save America is a hard economic turn to the right!

[lmcdowall]

@jepst41 Not going to waste any more time talking to you...you are an idiot and choose to be so... enjoy: ignorance is bliss. 

[jepst41]

@lmcdowall Typical liberal. Run out of talking points and start insulting. You people are pathetic. Keep standing on your head and telling the world it is upside down while denying the existence of cause and effect. BTW, IQ of 152 and a PhD in Statistics / Mathematics.

[lmcdowall]

@jepst41 Then there is no excuse for your willful ignorance.

[jepst41]

@lmcdowall What ignorance? I've posted fact after fact after fact. Or is ignorance now defined as disagreeing with a liberal?

[lmcdowall]

@jepst41 not really. You seem to lack an understanding of the facts you have posted. To be honest it sounds like you listen to FOX. SS is fine for like 27 years. It is not the pressing issue...if you wanted to get serious about debt reduction you would be much more critical of the Tea Party. By causing a down grade they added to the debt. You support the Bush tax cut (no doubt) and that is the single largest contributed to our debt. You are one of those guys who just hates liberals..Dito right?

[jepst41]

@lmcdowall No, I most certainly do NOT hate liberals. I disagree with them on most issues (and agree on some), but that isn't hate. Fox News: I have a 12 year old autistic step son. I haven't had access to my TV in almost 3 years. I read a lot. I go to websites like Drudge and Huffington. Social Security is only considered solvent if you consider the Special Issue Bonds in the trust fund as currency. They are basically IOUs, so I don't consider it fine. (cont)

[jepst41]

@lmcdowall On the Bush tax cuts, the CBO uses a static model when they calculate revenue, which means they treat people basically like blocks of wood. They assume that people will act no differently under different tax circumstances. That is why they missed the doubling of federal revenue under Reagan when he lowered taxes to 28%. If the Bush tax cuts are allowed to expire, the debt will most likely get worse, as money always goes where it is treated the best.

[lmcdowall]

@jepst41 LOLOLOLOLOLOLOLOLOLOLOLOLOLOLO­L

[slinger777]

@jepst41  Thanks you nailed it and made me LAUGH at the same time!!!!