Another vacation for Obama

[joeydb]

Originally Posted by jms62

Cut Taxes and inrease the deficet and debt so you can complain about Obama and Dems increasing the deficet and debt? LOL...

Note the difference between 'cut' and 'slash'. Reduce spending even more than you reduce taxes and the math works out.

[ateamstupid]

Originally Posted by joeydb

Note the difference between 'cut' and 'slash'. Reduce spending even more than you reduce taxes and the math works out.

Perfect! Great idea! I'm sure it's totally that simple! Thank god we have you here for your economic expertise.

[Duvalier]

Originally Posted by ateamstupid

Perfect! Great idea! I'm sure it's totally that simple! Thank god we have you here for your economic expertise.

joeydb's political and economic expertise is unmatched on all horse racing message boards.

[joeydb]

Originally Posted by ateamstupid

Perfect! Great idea! I'm sure it's totally that simple! Thank god we have you here for your economic expertise.

In the end, it is an equation. If you spend less than you take in, you will not go further into debt, and you can begin to pay down the debt you already have.

This should not be a controversial statement.

Math is the only thing that matters with regard to the budget issue. The fact that the math has been avoided, and omitted from nearly every debate on spending bills, is how we got here in the first place.

[ateamstupid]

Originally Posted by joeydb

In the end, it is an equation. If you spend less than you take in, you will not go further into debt, and you can begin to pay down the debt you already have.

This should not be a controversial statement.

Math is the only thing that matters with regard to the budget issue. The fact that the math has been avoided, and omitted from nearly every debate on spending bills, is how we got here in the first place.

So let's hear what you want to cut, and by how much. Show me your math.

[joeydb]

Originally Posted by ateamstupid

So let's hear what you want to cut, and by how much. Show me your math.

The country takes in roughly $200B/month. So that's $2.4T per year. We spent about $4.0T last year, which is why we have a $1.6T deficit to add to our $14.5T debt.

At a minimum I would cut us down to spending $2.0T or less. Some of that would come from ending troop deployments. But it's time to take a look at those so-called "entitlements" too. So that's the "how much".

As to what, Congress can fight that out. But regardless, if the next president says, "I'll veto any budget that spends more than we take in.", then it will get done.