Comments (28) (Please sign in to comment)

1. 

   dtroutma said, 5 months ago

   To quote the indefatigable Dick Cheney: “Deficits don’t matter.”
2. 

   Robert Landers said, 5 months ago

   @dtroutma

   You know, for once Dick Cheney was not totally wrong. Western civilization (not just the US, which has not even been around that long) has been running a deficit for the last three hundred years or so. During that time western civilization has created the greater good for a larger amount of its citizens that all of the civilizations that went before it. I know that was not what Cheney was referring to, but in affect it is at least somewhat the same.

   When you go to get a loan from a bank, of course they are interested in your personal GDP (your wages) and your credit standing, but they are also generally interested in your total financial worth. I read somewhere that the total worth of the United States government is somewhere in the $100 to $120 trillion dollar range. This is almost some 10 times the National Debt, let alone the much smaller deficits!!

   So, every time the FED has a sale others such as China immediately jump on the bandwagon and buy US Securities, and buy, and buy, and buy!! Does this not tell people something??

   And even comparing the US to Greece is just plain hilarious, the TOTAL GDP of Greece is some $300 billion dollars, comparing that to the GDP of the $16 trillion dollar US economy is truly apples to oranges!!
3. 

   ConserveGov said, 5 months ago

   So we will all see smaller paychecks(well, not the resident lib posters here who don’t actually work) AND nothing has been done to cut spending. Sounds like a big Christmas gift to the Spendocrats, but a big lump of coal to the American people.
4. 

   ConserveGov said, 5 months ago

   @Robert Landers

   Hey Flanders, look up Moody’s. And no, it’s not a burger joint.
5. 

   sjc14850 said, 5 months ago

   Okay, Conserve: liberals don’t have jobs? Good God, you’re obnoxious.
6. 

   cdward said, 5 months ago

   @ConserveGov

   As we know, liberals actually pay more while conservatives take more of the federal budget. Because we have jobs while you soak the country and then whine about it.
7. 

   Ms. Ima said, 5 months ago

   With O it’s trillions of steps problem.
8. 

   cjr53 said, 5 months ago

   @ConserveGov

   Hmmm, smaller paychecks. Compare that with smaller income for the USA, something conservatives keep calling for through tax cuts for the rich rich. That seems more than contradictory to me. Or, is it just a big bunch of lies?
9. 

   Omnius said, 5 months ago

   Let’s not forget to thank Ronny Raygunz for our massive national debt, him and his Voodoo Economics. Ironic that the republicans whine so much about the massive national debt they wrung up giving tax cut welfare to the rich and greedy, let’s not forget that Cheney said deficits don’t matter.
10. 

    ARodney said, 5 months ago

    It’s okay to run deficits when the country is in recession, since government spending is historically what gets the economy going again (yes, even under Republican presidents). The trick is not to give away the store in good times, but to pay down the debt by keeping taxes at a level that pay for government services and pay down the debt. It’s not rocket science, but it IS science.
11. 

    Justice22 said, 5 months ago

    Soooo…. If liberals are s eager to tax, Where did the $80billion in tax credits and subsidies attached to the House’s $9billion in aid for hurricane Sandy rlief come from. I guess the Dems highjacked the bill?
12. 

    Norman L Jones Sr said, 5 months ago

    With any luck the phony with the hammer will fall or get knocked off that platform.
13. 

    1opinion said, 5 months ago

    @Norman L Jones Sr

    (snark) did I miss Bounher and Mcconner being on the deck?
14. 

    CharlieTuba said, 5 months ago

    Just cantilever your way out.
15. 

    hippogriff said, 5 months ago

    Charlie Tuba: That’s no cantilever, it is diagonally braced.
    .
    With all the name-calling today, has the list lost any ability at rational discussion? Shame.
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