TheBigotBasher
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Sun Apr-24-11 08:43 PM
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So who is "fiscally Conservative"? |
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The Paul Ryan plan proposes an increase in the debt limit for the next 30 years. The Progressive caucus "Peoples budget" will start reducing the national debt after 10 years.
Why is Ryan not being properly challenged on fiscal irresponsibility?
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annabanana
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Sun Apr-24-11 08:47 PM
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1. Too obvious for the beltway boys. . Their eyes don't work like that. |
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If something doesn't fit the preconceived narrative, it doesn't exist.
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notesdev
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Sun Apr-24-11 08:53 PM
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We don't have 30 years. And we don't have 10 years.
In fact, we may not have 10 days left on the national credit card - China just announced it's going to dump nearly $2T of Treasuries. Japan is becoming a net seller as well due to its need to raise cash to rebuild from the tsunami.
The race to get out of the US dollar is underway. We're rushing headlong into a forced choice, either cut the federal government by 40% or more, or watch the currency, and the standard of living in this country, be utterly destroyed.
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OmahaBlueDog
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Sun Apr-24-11 08:56 PM
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3. It doesn't necessarily have to be cut the government by 40% |
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We could, for example cut by 20% and hit up the wealthiest 5% for the other 20.
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notesdev
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Sun Apr-24-11 09:07 PM
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How you going to get hundreds of billions out of people who own the government? Never going to happen, not until we get top-to-bottom political reform and fully clean house of the epidemic corruption.
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TheBigotBasher
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Sun Apr-24-11 08:57 PM
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5. International markets will accept |
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a serious debt reduction plan and the only one to offer that came out of the progressive caucus.
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notesdev
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Sun Apr-24-11 09:05 PM
Response to Reply #5 |
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There's no serious debt reduction plan. There's not even a serious deficit reduction plan. 10 years? Gimme a break. In 10 years the world will be as different from today as today is different from 2001 (probably more so), and everyone will have forgotten about today's plans entirely.
These long-range plans are the functional equivalent of refusing to address the problem at all. The only plans worth considering are the ones that cover the time from now until the next Congressional session, as the winners of that election will not only be able, but will be entitled, to change the plan to suit the current circumstances they face at that time, as directed by the will of the people.
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DJ13
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Sun Apr-24-11 08:56 PM
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4. Ryan's plan ts the wish list for the elites |
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They dont care about fiscal responsibility, they care only about increasing their net worth, no matter the cost to the country.
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OHdem10
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Sun Apr-24-11 09:22 PM
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8. The Progressive Caucus has a real plan that ends the deficit |
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in ten years. Yes, it reflects Progressive Values but it gets rid of the deficit.
M Miller,worked in OMB under Pres. Clinton says it is authentic--the numbers add up. Neither Ryan or Obama plan does as well. Ryan's Plan increases Deficit.
Keep the message alive.
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valerief
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Sun Apr-24-11 09:39 PM
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9. The average American is, cuz we can't afford to piss our money away. |
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Edited on Sun Apr-24-11 09:41 PM by valerief
Challenge Republicans? That hasn't been done in thirty years.
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applegrove
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Sun Apr-24-11 11:05 PM
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10. I'm for balancing the budget through taxes on the rich and a vat tax. We have a vat tax in Canada |
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and it solved our debt problem in the 1990s.
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DU
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Fri Apr 19th 2024, 09:24 PM
Response to Original message |