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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (35725)	8/18/2010 7:38:24 AM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

Re: "You want cuts" I do, yes. But looking at the results from that WSJ/NBC poll it sure doesn't look like the PUBLIC has faced up to the hard choices yet! The still want to have their cake and eat it too... keep nearly all the spending programs, NOT raise taxes, and yet (magically I suppose) somehow 'reduce deficits'. <GGG> Re: "deficits consistently 1.5 Trillion". Actually Wayne, they are NOT. The CURRENT year deficit approaches that amount (but, as the Wall Street Journal took pains to point out --- fully half of that is spending DIRECTLY RELATED to the massive Recession we are in. Back the Recession out of the numbers and the deficit would fundamentally be about the same as the past Bush deficit). AND, over EACH of the next FOUR YEARS federal deficits are projected to fall steeply as the Recession fades away in the rear view mirror. (After which, granted, they are scheduled to start rising again but not until three years after the next Presidential election and that projection also ASSUMES that we don't DO ANYTHING at all from this point onward, that we take no remedial actions AT ALL --- which is, safe to say I think, a ridiculous assumption. Over the next four to five years we will take many actions to reduce the chronic federal deficits. And I am hopeful we will - both Parties - finally get serious about the problems. Approval of a Balanced Budget Amendment would sure be a rousing way to PROVE that we, as a nation, are finally serious about it! Just like Germany just did when they approved there's!)