Lindsey Graham: Reform "D.O.A." In Senate, Public Option "A Disaster"

The morning after the House passes a health care reform bill 220-215, two Senators appear on "Face The Nation." Sen. Jack Reed of Rhode Island says "we must" pass health care reform. Meanwhile, Sen. Lindsey Graham of South Carolina predicts the bill is "dead on arrival in the Senate." He also says the public option "will destroy private health care... It will be a death blow to private choice" and "a disaster for the economy and health care."

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[radiodj1520]

I Believe This Was A Video Clip Of CBS News' Face The Nation With Bob Schieffer's Report On Lindsey Graham: Reform "D.O.A." In Senate, Public Option "A Disaster" On Sunday Morning, November 8, 2009.

[kauboy9816]

Thanks for trying to converse with the adults, but you should return to the kid's table now.

[kauboy9816]

Where do your numbers come from?

I'm guess you extracted them from an orifice you frequent often...

The national debt stands at just over 12 trillion.

By your assertion, 10 trillion of that is Bush's fault.

What a nimrod.

I never condoned the overspending.

Don't lump me in with Bush just because I'm a conservative. He proved he was no conservative.

The spending under Obama in his first year alone is making the entire 8 years of Bush look like chump change.

Oh, I guess we got change after all.

[medartist01]

Lastly, kauboy9816 reminds us of what happens when you have meth-addicts in charge of our capital investing. His insane idea of how the value of the dollar has an influence over the mega-BORROWING-and-spending under Bush is meaningless. Tell me, moron, how the value of the dollar can make up for the $10 trillion lost under Bush? That is, the Natl Debt, Deficit, TARP, bank and business failures, loss of home equity, and losses in the Stock Market. Not even including 2 failed, ongoing wars to fix.

[medartist01]

kauboy9816 wants you to believe that you can go to the store and BUY ANYTHING YOU WANT ON THE CREDIT CARD and never pay for it. Like the federal government who can deficit spend. We'll just raise the borrowing limit, like Congress just did, and assume more debt load. Of course that has REAL IMPLICATIONS for Americans as states and the govt now have to underfund or cut programs altogether, but our bozo-the-clown kauboy9816 doesn't want you to think about that. Morons like him live in dreamworld.

[medartist01]

kauboy9816 is a buffoon. He says that the SKY IS NOT BLUE. And he's talkin' a mile a minute to convince you of that. OF COURSE TAX CUTS UNDER George W. Bush CREATED DEBT. Real debt. It wasn't offset by revenue cuts or tax increases. Bush simply BORROWED-and-BORROWED-and-spen­t, doubling the Natl Debt in 8 yrs to $12 trillion dollars! NOTpaying for his 2, failed, ongoing wars, and cutting revenues to the states. A real moron when it comes to basic economics 101. Like a Las Vegas gambler, clown.

[kauboy9816]

I'm not off base at all.

You don't go into debt until you spend more than you make.

The government only has one form of income. Taxes.

When their income goes down (tax cuts), they have to re-budget.

They never do so, and thus cause more debt.

You cannot go into debt unless you spend too much.

We're talking about the government here, not individuals.

I'm not telling anyone to starve, but you have to cut back when you suffer a loss of income.

The government never cuts back to survive. We must.

[DrGoodwrench64]

If you can't pay your bills because you can't find a job & your unemployment has run out as well as your savings & credit (if you have any to begin with), then what? Starve? How can you say that the loss of income isn't what causes debt?

I have to disagree with you on that point. It DOES cause debt, even if you're careful. By the math, you're right. But in practice, you're off base with that kind of thinking, IMO. The value wouldn't matter @ that point. Economics is theoretical. Reality isn't.

[kauboy9816]

@mark1m

I said "value in your pocket".

When the value of your dollar goes up, you have a stronger position to hold more debt safely. It's simple economics.

And no, tax cuts NEVER cause debt.

Overspending is what causes debt.

Do you automatically go into debt when you suffer a lowering of income?

Only if you continue to spend like you always did or more.

The loss of income does not CAUSE debt.

The overspending does.

Why this fact doesn't compute in the liberal's mind, I'll never know.