The US Economy: So what's wrong with ths picture?

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[ARCHIVED THREAD] - The US Economy: So what's wrong with ths picture?

Posted: 9/13/2010 5:12:27 PM EDT

http://money.cnn.com/2010/09/12/news/economy/federal_budget/index.htm

Yeah... we can keep spending more than we take in indefinitely, right?

Posted: 9/13/2010 5:18:59 PM EDT

[#1]

Posted: 9/13/2010 5:25:35 PM EDT

[#2]

I think the .GOV should raise the taxes to make up for the deficits, of course over time that will drive more jobs overseas.

Posted: 9/13/2010 5:27:17 PM EDT

[#3]

Quoted:
I think the .GOV should raise the taxes to make up for the deficits, of course over time that will drive more jobs overseas.

Not sure if serious...

Posted: 9/13/2010 5:29:46 PM EDT

[#4]

If we dropped that far between 2000 to 2008, then how much further in the hole are we gonna be 8 years from now judging from past history?

Posted: 9/13/2010 5:31:00 PM EDT

[#5]

Quoted:
I think the .GOV should raise the taxes to make up for the deficits, of course over time that will drive more jobs overseas.

Public School education I take it?

Posted: 9/13/2010 5:31:44 PM EDT

[#6]

Yeah, were our grandchildren are pretty much screwed.

Posted: 9/13/2010 5:36:09 PM EDT

[#7]

Quoted:

Yeah, were our grandchildren are pretty much screwed.

Forget your grandkids and look at your kids.

Posted: 9/13/2010 5:38:25 PM EDT

[#8]

Its criminal, what we've let happen to our county on our watch.

Posted: 9/13/2010 5:40:03 PM EDT

[#9]

Collapse the economy and win a free dictatorship.

Posted: 9/13/2010 5:41:07 PM EDT

[#10]

Prepare to bend over for higher taxes.

Posted: 9/13/2010 5:44:49 PM EDT

[#11]

Posted: 9/13/2010 5:46:04 PM EDT

[#12]

Quoted:

Collapse the economy and win a free dictatorship.

No one will ever manage a dictatorship in America. As an ARFCOMMER, you should know what will happen to anyone who tries.

Posted: 9/13/2010 5:48:18 PM EDT

[#13]

Quoted:
http://lh3.ggpht.com/_7NduKsyhQUo/TI7NWusGj-I/AAAAAAAAQ-E/3E-_vnSErjg/Stimulus-vs-unemployment-August2010-dots.jpg

http://lh6.ggpht.com/_7NduKsyhQUo/TI7NWzhQfsI/AAAAAAAAQ-I/QN71R3za7e8/bush_deficit_vs_obama_deficit_in_pictures_2.jpg

That's great but your source is this guy?

Posted: 9/13/2010 5:48:25 PM EDT

[#14]

What is OTHER on both pie charts???

lotta dough either way.

Posted: 9/13/2010 5:49:20 PM EDT

[#15]

Quoted:

Quoted:

Collapse the economy and win a free dictatorship.

No one will ever manage a dictatorship in America. As an ARFCOMMER, you should know what will happen to anyone who tries.

Look up the definition of 'soft tyranny'.

Posted: 9/13/2010 5:50:32 PM EDT

[#16]

Quoted:

http://i402.photobucket.com/albums/pp101/savageoneseven/arf/DSC04408.jpg

what a horribly realistic metaphor

Posted: 9/13/2010 5:52:20 PM EDT

[#17]

sOMEHOW I want to post some "chicken little" shit here right now ...

Posted: 9/13/2010 5:52:55 PM EDT

[#18]

Quoted:
What is OTHER on both pie charts???

lotta dough either way.

Handouts to buy votes

Posted: 9/13/2010 5:54:03 PM EDT

[#19]

Quoted:
I think the .GOV should raise the taxes to make up for the deficits, of course over time that will drive more jobs overseas.

Really? Fuck that.

Over half the shit I make goes to the government now. I'm not rich but I'd be a hell of a lot better off if people would stop taking my shit and giving it to lazy welfare mother fuckers. Tell you what. You think they should raise taxes you can pay more.

You better be in the minority of folks that actually pay income taxes or I'm not interested in your opinion.

Posted: 9/13/2010 5:57:54 PM EDT

[#20]

Quoted:
http://i402.photobucket.com/albums/pp101/savageoneseven/arf/DSC04408.jpg

Prudhoe Bay?

Posted: 9/13/2010 5:58:25 PM EDT

[#21]

Posted: 9/13/2010 6:06:09 PM EDT

[#22]

Quoted:

Quoted:
I think the .GOV should raise the taxes to make up for the deficits, of course over time that will drive more jobs overseas.

Really? Fuck that.

Over half the shit I make goes to the government now. I'm not rich but I'd be a hell of a lot better off if people would stop taking my shit and giving it to lazy welfare mother fuckers. Tell you what. You think they should raise taxes you can pay more.

You better be in the minority of folks that actually pay income taxes or I'm not interested in your opinion.

Nope, it is said "tongue in cheek," of course you don't want to get rid of jobs because of onerous .GOV regs and taxes. One of the big reasons the US is loosing jobs to overseas is because of too much .GOV regs. True each .GOV agency doesn't hurt you, but when you put the all of the regs of all .GOV agencies, the regs are pretty onerous. It is like taxes, sure the income tax is not a big deal, but you have add to that sales tax, property tax, etc. that is a bunch of taxes.

Posted: 9/13/2010 6:28:23 PM EDT

[#23]

Quoted:

Quoted:

http://i402.photobucket.com/albums/pp101/savageoneseven/arf/DSC04408.jpg

Prudhoe Bay?

Dutch Harbor.

Posted: 9/13/2010 6:33:46 PM EDT

[#24]

Quoted:

Quoted:
http://i402.photobucket.com/albums/pp101/savageoneseven/arf/DSC04408.jpg

Prudhoe Bay?

Dutch Harbor.

Grew up in Wasilla, spent 3 summers in Bristol Bay commercial fishing

Posted: 9/13/2010 7:14:23 PM EDT

[#25]

Ouch, spending more in unemployment than we bring in corp taxes.

Posted: 9/13/2010 7:27:19 PM EDT

[#26]

Posted: 9/13/2010 7:29:39 PM EDT

[#27]

Quoted:

http://money.cnn.com/2010/09/12/news/economy/federal_budget/index.htm

http://i2.cdn.turner.com/money/2010/09/12/news/economy/federal_budget/chart_fed_budget_2.top.gif

Yeah... we can keep spending more than we take in indefinitely, right?

well look at that... subtract out everything the Government has no right to do and you get a budget that's 1.840 Trillion and less than the money coming in. Hey we could use the excess to pay down the debt and give people a tax break.

Posted: 9/13/2010 7:33:52 PM EDT

[#28]

Quoted:
Yeah, were our grandchildren are pretty much screwed.

It's going to hit a lot sooner than that. It will hit before 2012. If any of us were to run our households like the government runs our country we'd be in prison.