
The GOP has been telling the Tea Party movement, don’t worry about the non-existent cuts we are making in the 2011 budget that should have already been passed. Wait until the 2012 budget comes out. We will make major cuts.
Now the details are coming out about their proposed budget.
The only possible response I can think of is immortal line of Lloyd Bridges from the movie airport, “I picked the wrong week to quit drinking.”
The news reports have breathlessly announced the GOP bill would propose $4 trillion in budget cuts. Since the current budget is only $3.5 trillion and we know we are not going to totally eliminate the federal government, obviously, there is a catch. The catch is the plan to cut $4 trillion from the federal budget is spread out over TEN YEARS.
I think someone in the GOP needs to quit drinking.
I will freely concede math is not my strong suit, but let’s do some basic math.
The current budget is $3.5 trillion with a $1.65 trillion deficit. Let’s assume for a second tax revenues will remain constant. That is a big assumption given the spectacular job the party of treason has done in tanking the economy. If we are only going to cut $400 billion a year from the budget, that is going to leave a deficit each year of approximately $1.25 trillion. Over ten years, that is $12.5 trillion in additional debt. Right now our national debt stands at $14 trillion, or almost 100% of our GDP. Even with the GOP plan, that will put our 2021 national debt at $26 trillion. That is almost 200% of our current GDP. That is the best-case scenario.
This could and probably will get a lot worse. This year, the GOP started by promising $100 billion in budget cuts. It looks like we are only going to get $33 billion.
General Dwight Eisenhower once said plans seldom survive the initial contact with the enemy. Paul Ryan’s plan will not.
Given the recent history, which is a pretty good guide to go by, that $400 billion per year is going to turn into $133 billion per year. If that happens, the debt will shoot up to almost $30 trillion by 2021. Our economy will collapse at this rate.
We the people are going to have to step in. Our make or break moment is the legislation to increase the debt ceiling. We have to tell congress not to raise the debt ceiling. This will cause problems but those problems will pale in comparison to the problems we will have when the economy collapses from the debt we are accumulating.
According to World Net Daily, 142 Congressmen are ready to vote no to an increase in the debt ceiling. We need 218. The last two weeks of April will be congress’ spring break. Many of the congressmen will be coming home during that break. You need to go to them and tell them break with Boehner and do not vote to increase the debt ceiling. If we do not increase the debt ceiling, this Congress will have to deal with the problem now.
But guess what? That is what we pay them for.
Tags: boehner, budget, debt., deficit, gop, john, paul, republican, ryan
Permalink Reply by Patricia Castellano on April 3, 2011 at 2:11pm
Permalink Reply by Dr. Arthur W. Carpenter on April 3, 2011 at 2:19pm tell them it your life.
on one elses.
this is why were all trying to get controll of the feds so we live life the way we want.
tell you what i not changing my life for the gov, or anyone else
i will help keep them off our asss, but i to old to change and i live in america
Permalink Reply by Phillip J. Barker on April 3, 2011 at 2:23pm
Permalink Reply by Henry L. Blake on April 4, 2011 at 8:03am Somehow I lump the states capabilities in with the Federal failures. There are 50 states though. Maybe a few can get it right.
At some point, pretty soon, the people are going to have to do something about our politician's failures. I don't see survival of our present bureaucracy - they simply will not do the right thing.
Permalink Reply by Keith Murphy on April 3, 2011 at 3:38pm
Permalink Reply by marvin rose on April 3, 2011 at 4:06pm
Permalink Reply by JOHN DELASAUX on April 3, 2011 at 4:38pm Be careful that you don't kill your best friends in this emotional time of crisis.
I know -- let's put you in charge, in Boehner's shoes.
Now, quick -- what are you going to do differently?
Careful -- remember that everything you do now is going to have a profound effect on the 2012 election.
OK, start "I am going to ----------"
Permalink Reply by Simantov on April 3, 2011 at 10:43pm I am afraid that the Tea Party is asking for the impossible from the Republican House right now. John Delasaux is right, whatever we do now IS going to effect in the 2012 elections, and if we are preceived as the party that closed down the government there will be hell to pay. Republicans will be blamed, no doubt about it and I think that it will place a huge stumbling block in front of our candidate. Whoever it is, I hope they'll pick Alan West as VP because he's smart, a good speaker, an African-American, and a true patriot. The conservatives that were voted in this time have only been in office a few months and we need to bring in more Republican Senators if we are to have a chance to cut spending and tackle the deficit. It would be a dream come true if we manage to capture all lthree branches of government, but remember, that means getting the independent vote to swing our way, so I don't want to see split with the Republican Party
Permalink Reply by JOHN DELASAUX on April 3, 2011 at 6:46pm Which "these people"?
We know what the Democrats want -- more freebies for the "victims" of Capitalism.
Are you accusing the Republicans -- "....do they just do not care and want to bankrupt this country"?
Permalink Reply by BAYOU1960 on April 3, 2011 at 10:49pm I have just recieved a email that makes great scents
Someone please tell me what in the Hell's wrong wwith all thee people that run this country
were broke and cant help our own Seniors Veterans Orphans Homeless Etc.
In the last months we have provided aid to Haiti Chile and Trukey And now Pakistan
Literally Billions of Dollars.
Our retired seniors living on a fixed income recieve no aid nor do they get any breaks while our government
and religious organizations pour
Hundreds of billions of $$$$$'s and Tons of food to Foreign Countries
We have hundreds of adoptable children who are shoved aside to make
room for the adoption of foreign orphans . AMERICA a country where we have homeless without
shelter children going to bed hungry elderly going without needed meds and mentally ill without treatment
YET They have a Benefit for the people of Haiti on 12 TV stations ships and planes lining up with
Food Water Tents Clothes Bedding Doctors and Medical supplies
Imagine if the GOVERNMENT gave US the same support they give other countries
SAD ISN'T IT??
Permalink Reply by Dave Mason on April 4, 2011 at 12:01am Every whore starts out as a virgin.
Congressman Mo Brooks is one of those political whores who sold out after the tea party elected him.
In town halls this month, he stated he will vote FOR raising the debt ceiling.
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