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Stimulus Cuts?
Rumors are flying that a group of "centrists" are working together to gut the current stimulus bill in the Senate. Some reports are saying upwards of $200 billion may be cut from it. [UPDATE: It now looks like it may be $80 billion, which is still WAY too much to cut] That is absurd. I actually blame Barack Obama for not pushing harder, and not using his political capital to force this through. There is significant public support for both Barack Obama and a large stimulus package. But President Obama has not been willing to use this large public support to force the Republicans' hands. He is letting conservatives drive the conversation, often very dishonestly, which is in turn allowing moderate Dems to move to the right. The nation, and probably more importantly, the states, need this money. And need it now. And it probably STILL will not be enough. Yet people want it cut. Unbelievable. Comments, Pingbacks:
What I hear: Democrats good. Republicans bad. Why so narrow minded?
Conservatives sees the American people as the way to solve this crisis created by government. Government "solving" the problems with debt is just setting the time bomb back for a later date with a larger blast radius. Debt NEVER solves a problem. At best, it delays the problem. The aid will ever be enough as evidenced by the car companies now coming back to Uncle Sam for more handouts. Consider this: The government has given about $900 billion to this point (excluding the interest that tax payers will have to bear.) Now divide that by 300 million Americans (excluding 50 million illegals) and that comes to be $3,000 for every person. Therefore, a family of four will have $12,000 taken from their household. What frustrates me most is how everyone is getting excited about $1,000 check without considering the costs involved. That $1,000 check is coming from debt! Now THAT is unbelievable! What I hear: Democrats good. Republicans bad. Why so narrow minded?Nice... I love how you come on my blog and say that I am narrow minded, and then you go on to praise conservatives and conservative principles. Conservatives sees the American people as the way to solve this crisis created by government. Government "solving" the problems with debt is just setting the time bomb back for a later date with a larger blast radius.Oooh... do tell how the "American people" are going to create jobs. Do tell how the "American people" are going to rescue state budget crises around the country. Do tell how the "American people" are going to save the banks. The aid will ever be enough as evidenced by the car companies now coming back to Uncle Sam for more handouts.Funny... you mention nothing about about the banks, or the bank bailout, that Republicans and conservatives supported. What frustrates me most is how everyone is getting excited about $1,000 check without considering the costs involved. That $1,000 check is coming from debt!First of all, it will be a max of $800, not $1000. Second of all, it won't come in a check, but simply will be a reduction in your taxes that you pay. Most people will see something like $10 a paycheck more. I would also love to know how the government created this recession. This should be fun...
Dave,
First, I do want to apologize for "narrow minded." We are all narrow minded when it comes to principle we hold firm. We do not waiver. The narrow mindedness I am referring to is how it appears to me through reading various topics that you think conservatives are always on the wrong side of the fence. No one is right 100% of the time. It is important to have those who do not agree with you. If there was were just a Republican party with out a Democratic party, for example, (keeping political as this is what your blog is about) we would have a one party system. One party systems are tyrannical. (And, yes, it would be the same with the Democratic party.) As to your second point, American people DO make jobs mostly via the business sector. (That was easy.) It is through tax revenue that states will pay off debt. It is by a balanced budget, meaning for years to come they will have to use less than they bring in to cut the deficits. It is, on a much broader scale, the same way we all get out of debt. As for the banks. Let them sink. Our money is insured by the US government (FDIC?) Like any business that makes a lot of very poor choices, they go out of business. If there are enough assets to save and another company that is willing to take the risk, then that will happen. For some banks, it is going to happen. (There is certainly more to this discussion. Perhaps, in another entry.) Regarding the Republican support of the car companies, I was supremely disappointed. 'W' is not a conservative, he used it, in part, for votes. The car companies made poor business decisions, for 'W' and congress to bail them out was the wrong decision. Now everybody has their hand out. It's a disappointing reality to find the welfare mentality has reached the top of corporate America. I left this out because I thought this was going to be a discussion between many people and not an audience of one. It would have made it a book and not a comment people would have not read in its entirety. I began to write it and deleted this section because it was getting too long. You took my entry piece by piece, so it is fair to say we agree on the $3000 being taken from every person? A politician says the will give you money or do something for you, the very next question is, "Sir, from where do you taketh?" Politicians do not make money; they take money from either citizens or programs with current funding. Dave, $200 is nothing big. I am not pinching pennies here. You say $800, okay, that is probably correct. And finally, is this going to be a discussion or an arguement. If it is the latter, we are through. I am here for discussion. I have made it a point to have friends that have opposite beliefs than myself because no one is always right. If this is an arguement you can have the last ____ . The narrow mindedness I am referring to is how it appears to me through reading various topics that you think conservatives are always on the wrong side of the fence. No one is right 100% of the time.Please tell me where I said conservatives are right all of the time. I am not a conservative, and I think that conservative principles and ideologies are often very wrong-headed, but I have never said that they are wrong all the time. From your limited posts here, it seems pretty clear that you think that conservative principles are right all the time. It is important to have those who do not agree with you.Agreed... except when they only want to oppose rather than work on crafting good public policy. As to your second point, American people DO make jobs mostly via the business sector. (That was easy.)Sure... but they need capital to do so, and in a recession that is simply very difficult to come by. It is through tax revenue that states will pay off debt. It is by a balanced budget, meaning for years to come they will have to use less than they bring in to cut the deficits. It is, on a much broader scale, the same way we all get out of debt.Well this is pretty obvious... we don't disagree on the process. But we do and will disagree on how to get there; you say cuts are needed, and I say that cuts, in a recession, may be the worst thing possible. And many economists agree with me. As for the banks. Let them sink. Our money is insured by the US government (FDIC?)Do you understand that ramifications of major banks failing? Do you understand what that would mean for the economy? How do you believe that the American people would be able to create jobs when there are no loans available from banks? You took my entry piece by piece, so it is fair to say we agree on the $3000 being taken from every person?No... I don't agree with it, because it is not true. If you don't understand how the tax system works in this country, I am not really sure what to tell you. Look... is the Recovery Act perfect? No. Will it solve the country's economic problems? No. Will it help the economy? Absolutely. Will the saving major banks from failing help the economy? Absolutely. Will the recovery monies create jobs? Absolutely - many of which will end up in the private sector. Leave a comment:
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