Ron Paul says deficit can be cured by 2015

Discussion in 'Current Events' started by dairyair, Aug 2, 2011.

  1. TrueBluTexan

    TrueBluTexan New Member

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    The main problem with entitlement spending is that it continuously grows based on new persons coming into the system and the increased expenditures for its benefits. The tax base is too low given the reduction in the worker to employee ratio since its inception.
     
  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    Why do you ignore the fact that the economy was already in a slowdown before Bush even won the election and went into full blow recession as he took office?

    Are you denying that once the recovery took off that we had 52 months of sustained growth, with full employment and deficits falling to $161 billion the last year the Republicans were in control?
     
  3. toddwv

    toddwv Well-Known Member Past Donor

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    They had the chance to pay to debt off by 2006 based on a report from the CBO in 2001.

    George Bush freaked out at the thought of a debt free America and the Republicans got to work running up long-term spending in order to ensure massive debt for generations to come.
     
  4. toddwv

    toddwv Well-Known Member Past Donor

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    Well, who knew that the Republicans would be stupid enough to get us involved in, not just one but TWO, long-term invasions and occupations?

    Who knew that the Republicans would be stupid enough after getting us involved in TWO long-term invasions and occupations to SLASH taxes for the wealthy?

    Who would've thought that the Republican party the self-proclaimed party of "fiscal responsibility" would pass bills that were so laden with pork that they were serving them in the cafeteria fried with eggs and a side of hash browns (bacon...get it?...).

    Who knew that the Republicans would just sit by while bankers blew air into a housing bubble that was financed by lies upon lies and then bundled together with more lies while ratings agencies like S&P handed out prime ratings like those little bits of candy from PEZ dispensers?

    [​IMG]

    C'mon...that was a masterful segway into that pic...admit it!!
     
  5. toddwv

    toddwv Well-Known Member Past Donor

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    We're more than happy to meet Ron Paul 1/2 way. Pull the troops out of Iraq, Afghanistan and close most of the 800+ overseas bases that we have. Then slash the "defense" budget by 600 billion or more.

    [ame="http://www.youtube.com/watch?v=pP8CpXd4i74"]Ron Paul & Barney Frank Team Up To Reduce Military Spending! pt.1 - YouTube[/ame]

    Add a Constitutional Amendment that says that the President cannot involve our troops in a military conflict that is not a direct threat to US sovereign soil without the consent of Congress. This would leave a bit more breathing room that I'm comfortable with considering our history of creating conflict but would allow actions that have been agreed to by treaty.
     
  6. Bluesguy

    Bluesguy Well-Known Member Donor

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    It was a fully bipartiasan decission and had little effect on our current economic mess. The fact is we could not afford to allow our enemies to continue to attack us nor as President declared when he made it our official policy to remove him, allow Saddam Hussein to carry out his plans.

    Well now you know that those Republican policies resulted in 52 months of sustained growth, full employment, declining deficits down to $161 Billion and the tax burden being shifted to the higher earner taking millions at the bottom completely off any income tax liability.

    Now which of those specific points, facts, do you not support and wish would not have occured?
     
  7. dairyair

    dairyair Well-Known Member

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    It's not easy to cap spending at current levels? Why?
    Rolling back spending 1% isn't feasible? Why?
     
  8. dairyair

    dairyair Well-Known Member

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    When did Iraq attack us?
    What yrs was the 52 months of growth? I'll bet at the peak of the housing bubble. You count bubbles as economic growth or a bubble waiting to burst?
     
  9. ZSwierczynski

    ZSwierczynski New Member

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    Personally I don't think you can cure the deficit in 3-4 years. You would have to cut spending 100%, Military including, raise taxes on everyone and have full employment.

    I respect Ron Paul(Himself and)for his message, but his ideas are not how the real world works. We don't all live in a Utopia vision. :(

    ------
    But as human beings we disagree on things we dislike or agree on ideas that we like. But in all truth, money and debt are all fictional if we keep going on this path of monetary failures(Fiat and Standards have always been failures). As human beings we should reach a new level of spiritual and intellectual being. Not being bound to a piece of paper(Either Fiat nor a Standard of something.)
     

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