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chapAnjou
User Rank
Iron
Safe to say...
chapAnjou   4/20/2012 1:16:39 PM
NO RATINGS
I think it's safe to say that there's nothing in the world that is going to stop the national debt from rising higher and higher.  America has its hands in just about everything that's going on in this world, not to mention the money being spent on the military's involvement overseas.

All that's going to happen is a presidential candidate is going to come into office on the platform of lowering the debt, go the next 4 yrs spending more and more and then leave office with a simple: "well, I sure did give it my best shot..."

driven
User Rank
Iron
Re: Growing deficits
driven   4/19/2012 1:26:14 PM
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these are the kinds of line items that need to be cut from the budget. Where is that stupid scalpel Obama talked on and on about in the last election?

Noreen Seebacher
User Rank
Blogger
Re: Growing deficits
Noreen Seebacher   4/18/2012 5:42:18 PM
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And it wasn't like a one time trip. Leon apparently travels home every weekend.

Scott Raynovich
User Rank
Blogger
Re: Growing deficits
Scott Raynovich   4/18/2012 5:34:55 PM
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good questions. Let' see, I'd really like to be able to have several homes and commute by private jet at the taxpayers' expense. Why won't they let me do that?

cat tail
User Rank
Platinum
Re: Growing deficits
cat tail   4/18/2012 5:28:31 PM
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Why the hell can't Leon Panetta take a commercial flight like most everyone else? Or why not have his wife fly to visit him if that is not an option?

Scott Raynovich
User Rank
Blogger
Re: Growing deficits
Scott Raynovich   4/17/2012 2:34:52 PM
NO RATINGS
@Noreen

thanks for the Leon Panetta bit. It shows you how bloated and corrupt our government has become.

Noreen Seebacher
User Rank
Blogger
Re: Growing deficits
Noreen Seebacher   4/17/2012 2:12:29 PM
NO RATINGS
Well Leon Panetta spent $870,000 of it flying between Washington and his California home in a government plane, the WSJ reported today. He reimbursed the govt. only $630 or 2% of the cost of each of the $30,000 taxpayer funded trips.

Noreen Seebacher
User Rank
Blogger
Re: Growing deficits
Noreen Seebacher   4/17/2012 2:10:18 PM
NO RATINGS
I realized a lot more people were going on disability as an option to unemployment, but I was still surprised to read the actual numbers.

It comes down to a survival strategy, don't you think? No job, no prospects, a little too old to start a new career, too young to retire...so build a case for a disability. But that loss of experienced workers is nonetheless depressing -- and it is depressing to think of those people sitting on their couches because they couldn't get jobs.

Scott Raynovich
User Rank
Blogger
Re: Growing deficits
Scott Raynovich   4/17/2012 11:18:41 AM
NO RATINGS
When I see that National Defense expenses are almost as high as the total receipts from income taxes, something is wrong with this picture.

Scott Raynovich
User Rank
Blogger
Re: Growing deficits
Scott Raynovich   4/17/2012 11:12:12 AM
NO RATINGS
@Noreen,

You made some great points there. Everybody makes the budget problem out to be the economy and Repubs vs. Dems, but it's more complicated than that. We are dealing with large demographic shifts, with lots of baby-boomers retiring and less workers to support them. That means the budget will get increasingly difficult to balance regardless of the economy or tax policy. The bottom line is that our population is aging, living longer, and becoming more expensive to support.

 

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