A federal judge declared the Obama administration's health care overhaul unconstitutional Monday, siding with 26 states that sued to block it, saying that people can't be required to buy health insurance. (Jan. 31)
@plynth2 Boosh TARP, true, but how is this any different that 'stimulus' by Owebama?
Get real! this is no longer about red vs blue that gig is UP everyone knows its a phony shell game of blame. They are complicit in ruining sound monetary policy, horrid entitlement programs and even worse.... spreading those entitlements to corporations! (of all stripes) AND FOREIGNERS!
It's time to real in the blame-game. Buck up! Fascists and socialists both are repugnant to a constitutional republic.
Now Republicans want to cut spending - pull $100B out of the economy which will stall and lengthen the recovery. The GOP has lots of ways to fuck up an economy as they have proved in the last ten years.
Why is it that every time the Republicans are in office for any length of time, tax payers end up having to bail out banks? Reagan with the S&L bailout in the 80s and Bush with TARP in 2008. The GOP is a bunch of fuckups and they're working to fuck up this recovery.
If we have to spend at the same rate for the next 10 years, that would mean that private business never recovered, in which case the economy will have tanked.
I don't think its a requirement for governemnt to spend due to the recession. There is always the alternative of allowing many more jobs to be lost, don't pay unemployment benefits and let those people lose their homes, forcing small businesses to close because their customers are broke, which causes more layoffs,etc., etc.
You throw a lot of numbers around but they are not accurate and/or misleading. According to the CBO (CBO.gov), , healthcare reform will produce a $143B net reduction in the deficit over the next ten years.
Even using your whacky numbers, 4.2T over two years is 2.1 per year. Your number indicates that we will spend DOUBLE what we are now over the next 10 years-which is whacky. Together with the fact that the new budget has budget cuts of $100B a year on average over 10 years for $1.1T less.
40Trillion is how much spending is involved in his new budget over the coarse of the next ten years. there are plenty of reports about it. read into it. some sources have it 35 trillion , some 46 trillion.
p.s. who told you that it was a "requirment" to spent a lot of money due to the recesion? the dems and the obama admin? blahhahahaha. really? a trillion dollar HC bill will fix the economy? yeah because our country has never been in a recession before, right?
so my numbers are out of whack. do you deny that our national debt was 10 trillion dollars when obama took office? if so , then what was it? do you deny that the national debt is now 14.2 trillion? if so, then what is it? do you deny that 14 minus 10 is 4??? thats how much deficit spending has occured in the last 2 years. which means if he was to continue this trend and served 8 years then he would single handedly put our nation in debt 16 trillion dollars.add that to the 10 he inherited is 26T!
@joeyhol75 Your numbers are still out of whack. You said before that it was $40T in ten years and you also said its $4.2T in the last two years. And because of the recession, the last two years have required a big increase in gov't spending coupled with a big decrease in tax revenues making for a big deficit which is a temporary circomstance.. How do you get $40T in ten years? Your numbers are out of whack, that's how.
And the $1T reduction over 10 yrs was in Obama's new budget-not HCR.
@plynth2 my numbers are out of whack? the national debt in 2008 was 10 trillion. since then we have had an accumulation of 4 trillion in deficit spending. the national debt is now 14.2 trillion dollars. they are not "my numbers" my friend , they are facts. the reduction of 1 trillion in spending over the next ten years for the HC bill is by no means a "fact". its a prediction. and a terrrible one at that.
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TonikHealthInsurance 7 months ago
Smoking while on a wheelchair? How can you ever expect to have good health like that?
vastusinternus 7 months ago
@plynth2 Boosh TARP, true, but how is this any different that 'stimulus' by Owebama?
Get real! this is no longer about red vs blue that gig is UP everyone knows its a phony shell game of blame. They are complicit in ruining sound monetary policy, horrid entitlement programs and even worse.... spreading those entitlements to corporations! (of all stripes) AND FOREIGNERS!
It's time to real in the blame-game. Buck up! Fascists and socialists both are repugnant to a constitutional republic.
anyusmoon1 11 months ago
Now Republicans want to cut spending - pull $100B out of the economy which will stall and lengthen the recovery. The GOP has lots of ways to fuck up an economy as they have proved in the last ten years.
Why is it that every time the Republicans are in office for any length of time, tax payers end up having to bail out banks? Reagan with the S&L bailout in the 80s and Bush with TARP in 2008. The GOP is a bunch of fuckups and they're working to fuck up this recovery.
plynth2 1 year ago
If we have to spend at the same rate for the next 10 years, that would mean that private business never recovered, in which case the economy will have tanked.
I don't think its a requirement for governemnt to spend due to the recession. There is always the alternative of allowing many more jobs to be lost, don't pay unemployment benefits and let those people lose their homes, forcing small businesses to close because their customers are broke, which causes more layoffs,etc., etc.
plynth2 1 year ago
You throw a lot of numbers around but they are not accurate and/or misleading. According to the CBO (CBO.gov), , healthcare reform will produce a $143B net reduction in the deficit over the next ten years.
Even using your whacky numbers, 4.2T over two years is 2.1 per year. Your number indicates that we will spend DOUBLE what we are now over the next 10 years-which is whacky. Together with the fact that the new budget has budget cuts of $100B a year on average over 10 years for $1.1T less.
plynth2 1 year ago
40Trillion is how much spending is involved in his new budget over the coarse of the next ten years. there are plenty of reports about it. read into it. some sources have it 35 trillion , some 46 trillion.
p.s. who told you that it was a "requirment" to spent a lot of money due to the recesion? the dems and the obama admin? blahhahahaha. really? a trillion dollar HC bill will fix the economy? yeah because our country has never been in a recession before, right?
joeyhol75 1 year ago
so my numbers are out of whack. do you deny that our national debt was 10 trillion dollars when obama took office? if so , then what was it? do you deny that the national debt is now 14.2 trillion? if so, then what is it? do you deny that 14 minus 10 is 4??? thats how much deficit spending has occured in the last 2 years. which means if he was to continue this trend and served 8 years then he would single handedly put our nation in debt 16 trillion dollars.add that to the 10 he inherited is 26T!
joeyhol75 1 year ago
@joeyhol75 Your numbers are still out of whack. You said before that it was $40T in ten years and you also said its $4.2T in the last two years. And because of the recession, the last two years have required a big increase in gov't spending coupled with a big decrease in tax revenues making for a big deficit which is a temporary circomstance.. How do you get $40T in ten years? Your numbers are out of whack, that's how.
And the $1T reduction over 10 yrs was in Obama's new budget-not HCR.
plynth2 1 year ago
@plynth2 my numbers are out of whack? the national debt in 2008 was 10 trillion. since then we have had an accumulation of 4 trillion in deficit spending. the national debt is now 14.2 trillion dollars. they are not "my numbers" my friend , they are facts. the reduction of 1 trillion in spending over the next ten years for the HC bill is by no means a "fact". its a prediction. and a terrrible one at that.
joeyhol75 1 year ago