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Title: Ryan: Debt crisis lies within spending, not taxes
Source: You Tube
URL Source: http://www.youtube.com/watch?v=tsU6oeOChuM
Published: Apr 18, 2011
Author: CBS News Online
Post Date: 2011-04-18 19:07:23 by CZ82
Keywords: None
Views: 78420
Comments: 113

Schieffer interviews Paul Ryan, tries to back him into a corner and fails.... I can't embed the video (it's locked) so you will have to go to YouTube to view it.

http://www.youtube.com/watch?v=tsU6oeOChuM

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Begin Trace Mode for Comment # 59.

#1. To: CZ82 (#0)

Raising the debt limit is absolute insanity, given BOTH parties history of spending like there is no tomorrow....which if not stopped not might actually lead to 'no tomorrow' for the nation.

Democrats today sound like heroin addicts, screaming insane nonsense - Pelosi is yesterday's prime example - trying to rationalize the continuing practice of writing bad checks as if there are no consequences.

Badeye  posted on  2011-04-19   8:50:01 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Badeye (#1)

Raising the debt limit is absolute insanity.

Couple refusing to do so to S&P's shit bomb yesterday and you would see a financial crash 100x's worse than 2008. You think that you were screaming like a bitch without a tit two years ago? This would be even worse.

war  posted on  2011-04-19   8:52:52 ET  Reply   Untrace   Trace   Private Reply  


#4. To: war (#2)

Couple refusing to do so to S&P's shit bomb yesterday and you would see a financial crash 100x's worse than 2008.

You actually advocate raising the debt ceiling and more spending?

We The People  posted on  2011-04-19   14:23:48 ET  Reply   Untrace   Trace   Private Reply  


#5. To: We The People (#4) (Edited)

The debt ceiling has to be raised. The US needs to pay its obigations. PERIOD.

war  posted on  2011-04-19   14:37:54 ET  Reply   Untrace   Trace   Private Reply  


#13. To: war (#5)

The debt ceiling has to be raised. The US needs to pay its obigations. PERIOD.

Where do we stop? When the dollar is dropped as the WRC?

When it collapses completely?

We The People  posted on  2011-04-19   14:56:51 ET  Reply   Untrace   Trace   Private Reply  


#19. To: We The People (#13)

The debt ceiling has to be raised. The US needs to pay its obigations. PERIOD.

The irony in this statement is the fact Geithner and company are claiming we have to do this to pay the INTEREST on what we owe, not the debt we are 'obligated to pay'.

Raising the debt ceiling is absolute insanity, doesn't matter which political party controls the House.

Badeye  posted on  2011-04-19   15:12:56 ET  Reply   Untrace   Trace   Private Reply  


#25. To: Badeye (#19)

The irony in this statement is the fact Geithner and company are claiming we have to do this to pay the INTEREST on what we owe, not the debt we are 'obligated to pay'.

That is actually the insanity of it all.

How will we ever pay the debt if we have to print and borrow more just to pay the interest?

It's absolute insanity.

We The People  posted on  2011-04-19   15:24:17 ET  Reply   Untrace   Trace   Private Reply  


#30. To: We The People (#25)

That is actually the insanity of it all.

How will we ever pay the debt if we have to print and borrow more just to pay the interest?

It's absolute insanity.

Exactly. We are 'here'. And when you point out this is quite insane, no matter how you look at it from a busienss standpoint, the uber Leftwingers will fall apart, and change the topic to bashing Bush, or the GOP...as if that has anything to do with 'here and now'.

It no longer matters 'who'. We're at the point if we don't cut the House off cold turkey, the slim chance we can get out of this financial mess will dissipate completely.

Badeye  posted on  2011-04-19   15:50:17 ET  Reply   Untrace   Trace   Private Reply  


#33. To: Badeye (#30) (Edited)

Exactly. We are 'here'. And when you point out this is quite insane, no matter how you look at it from a busienss standpoint, the uber Leftwingers will fall apart, and change the topic to bashing Bush, or the GOP...as if that has anything to do with 'here and now'.

The fact is, Boof...dems all throughout Bush's reign of error were predicting fiscal clamity. They were laughed at. "Cutting taxes ALWAYS increases revenues!!!" You were screaming for a tax cut 2 years ago.

war  posted on  2011-04-19   15:52:23 ET  Reply   Untrace   Trace   Private Reply  


#34. To: war (#33)

Bush cut taxes and revenues to the govt increased.

What you liberals don't understand. Is that when you earn money it is yours not the governments.

A K A Stone  posted on  2011-04-19   15:53:47 ET  Reply   Untrace   Trace   Private Reply  


#42. To: A K A Stone (#34)

Receipts:

2000 2,025,457
2001 1,991,426
2002 1,853,395
2003 1,782,532
2004 1,880,279
2005 2,153,859
2006 2,407,254

Source: http://www.gpoaccess.gov/usbudget/fy08/hist.html

war  posted on  2011-04-19   20:59:55 ET  Reply   Untrace   Trace   Private Reply  


#43. To: war (#42)

Your numbers say revenue was up. Taxes were cut so less comes in. But more came in then the amount of the tax cuts.

A K A Stone  posted on  2011-04-19   21:05:26 ET  Reply   Untrace   Trace   Private Reply  


#44. To: A K A Stone (#43)

More will come in during times of a level of GDP growth that is enough to boost tax revenues.

As we've learned, the growth of the Bush43 years was illusory and the tax revenues anemic.

Clinton raised taxes and revenues increased a trillion dollars in 7 years. Bush cut taxes and revenues now are about the same as they were in 2000.

war  posted on  2011-04-19   21:10:39 ET  Reply   Untrace   Trace   Private Reply  


#59. To: war (#44)

Clinton raised taxes and revenues increased a trillion dollars in 7 years.

Let's not forget the GOP's House controlled the purse-strings most of that time...

Tax Revenues may have risen, but it only meant the gooberment could allocate and waste more money on growing the number of goobermint agencies, programs, departments, and higher compensation for goobs.

The #1 item of waste in the goobermint is "DEFENSE" SPENDING. It's been the case since WWII and both Parties are Guilty.

Liberator  posted on  2011-04-20   14:39:19 ET  Reply   Untrace   Trace   Private Reply  


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