Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (623192)	8/6/2011 10:12:51 PM
From: TimF	Read Replies (2) of 1578904

President Barack Obama vowed to cut $4 trillion in cumulative deficits within 12 years through a combination of spending cuts and tax increases Sure he says that, but even though he uses the term "spending cuts", he doesn't really mean spending cuts. I'm not even saying he's lying (he could be but I'm not accusing him of that here), but what he thinks of as a spending cut isn't a cut. He calls a smaller increase a cut and then talks about all the cuts he is going to make. Repeating his words doesn't address the point, I'm not saying he's not talking about cuts, I'm not even saying he would oppose what he calls cuts (although he might when it actually came to implementing them), the point is that what he calls a cut isn't a cut. A real cut isn't - "We are now spending $20bil on this program and we where going to spend $30bil, but we are reducing that to $25bil" Obama (and to be fair many Republicans politicians) would call that a $5bil cut, but its a $5bil increase.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next