Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: FJB who wrote (116242)	10/25/2011 11:19:31 AM
From: Paul V.	Read Replies (2) of 224706

FUBHO, Barack Obama likes to blame all of our economic woes on his predecessor. The burgeoning national debt is no different, as he blames its precipitous rise on the Bush tax cuts. Well, President Bush and his merry band of big-government conservatives were anything but budget hawks; nonetheless, it took them 92 months – almost the entire 8-year tenure – to accrue $4.3 trillion in debt. Obama has accumulated that much debt in just 33 months. Put another way, it wasn’t until 1997 that we amassed as much debt as Obama has in 2.5 years. How with your personal insight would you balance the Federal Budget? Where would you make possible cuts with the existing revenues? Remember, our military is spread all over the World, and entitlements (Social Security, Medicare and Medicaid) plus incarcerations. Then, the States receive only approximately 1/3 of their respective budgets from their General Revenue funds, leaving the remaining revenue from other sources. Remember, the government(s) have both a regulator and advising responsibility.

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