Hypocrites in Washington

[spence]

Originally Posted by detbuch

So, the author talks about Ryan's budget plan, but how does that compare to the current congressional budget. Oh, right, there is no budget. Apparently, the federal government doesn't need a budget. Silly of Ryan to concoct one. That is so twentieth century. We have evolved. We have "progressed." Do it, whatever it costs. We will eventually figure a way to pay for it. And, by all means, do even more. A few trillion more could not possibley make a difference.

Well, that's not really true. Congress certainly has passed budgetary compromise bills to keep things running. Yes, the process could be much more constructive...

The lack of a formal budget has nothing to do with progressivism, Obama has submitted a budget every year he's been in office.

-spence

[Jim in CT]

Originally Posted by spence

Obama has submitted a budget every year he's been in office.

-spence

One of which was defeated in the Senate by a vote of 99-0. What does that tell you, Spence? Remember, there are not 99 Republicans in the Senate.

[spence]

Originally Posted by Jim in CT

One of which was defeated in the Senate by a vote of 99-0. What does that tell you, Spence? Remember, there are not 99 Republicans in the Senate.

It tells me is wasn't a serious vote. Obama's budget was put up by Republicans trying to embarrass the president. The budget they proposed didn't even have any policy language in it...

It was a stunt.

-spence

[scottw]

Originally Posted by spence

Obama's budget was put up by Republicans trying to embarrass the president. It was a stunt.

-spence

if the budget was not embarassing...it wouldn't have been much of a stunt wasn't it a 3.6 Trillion dollar budget?

and

President Obama’s economists are nothing if not optimistic. In the fiscal year 2013 presidential budget request, they’ve once again forecast higher future growth than their private-sector peers – about a half-point of gross domestic product growth more, per year, than the 45 economists included in the Philadelphia Fed’s Survey of Professional Forecasters.

The Obama budget, released Monday, forecasts 2.7 percent real GDP growth this year and 3.0 percent next year. Growth increases to 3.6 percent in 2014 and 4.1 percent in 2015. The highest the Philadelphia Fed consensus projections peg growth at 2.3 percent this year and slowly rising to 3.1 percent in 2015

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Jul. 27, 2012, 8:30 AM | 3,842 | 24

UPDATE:

The U.S. economy expanded by 1.5 percent during the second quarter, topping expecations( well, not Obama expectations) for a 1.4 percent gain, new data out of the Bureau of Economic Analysis shows.

Nonetheless, the government figures continued show that the nation's economy is on uneven footing and losing momentum.

During the first three months of the year, the country's gross domestic product expanded by a revised 2.0 percent, moderately faster than the pace seen today.

[justplugit]

Originally Posted by scottw

Nonetheless, the government figures continued show that the nation's economy is on uneven footing and losing momentum.

Yes and the CBO just forecast an added 1.1 Trillion to our debt for 2012.
Peanuts, what's another Trillion +.

And that's with 2 wars winding down.

Hello America, are you awake?

[detbuch]

Originally Posted by spence

Well, that's not really true. Congress certainly has passed budgetary compromise bills to keep things running. Yes, the process could be much more constructive...

The lack of a formal budget has nothing to do with progressivism, Obama has submitted a budget every year he's been in office.

-spence

Well, yeah, the lack of a formal budget and the need for continuing resolutions have to do with differences on how federal money is spent, and, possibly, on not openly broadcasting how much is spent on what by publishing a budget. Since most of the money is spent on progressive reforms to the federal system, including the large array of executive and independent agencies, social security, medicare, etc. . . . the lack of a formal budget has quite a bit to do with progressivism. The massive size and continued growth of the central government is a direct result of progressivism, as well as is the trillions of dollars required to sustain it

[scottw]

Originally Posted by detbuch

The massive size and continued growth of the central government is a direct result of progressivism, as well as is the trillions of dollars required to sustain it

which is exactly the point and the clear difference in this election....

the Obama Program(vector) is one of massive, permanent and expanding federal power, which happens to be the antithesis of the farcical , but great? .....intent of our founding....this much we know