tag:blogger.com,1999:blog-19246708.post298251895024859304..comments2024-03-27T20:39:24.337-04:00Comments on Social Security News: Exciting And Sexy Twitter Fight Over Chained CPIUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-19246708.post-51447564000364016022013-03-06T14:31:14.770-05:002013-03-06T14:31:14.770-05:00oh yeah, and I forgot about the increased social s...oh yeah, and I forgot about the increased social safety net costs that necessarily occur during recessions (like the one we had beginning in 2009--you remember that one, the biggest one since the Greatest of them all). <br /><br />Budget deficits are not a good thing, but if you just take a deep breath we can get through this.<br /><br />Realize that, assuming everything else stays the same, a nation will run deficits during recessions because tax revenues decrease because people make less (unemployed people, wages drop, etc.) and spending increases (more people need unemployment, food stamps, etc. when unemployment rises, duh).<br /><br />On the other hand, States should run surpluses during growth periods (which we did before 2001).<br /><br />A crucial thing to remember is that a nation state's budget/economy is nothing like a household one--to try and keep a state in the black during a recession makes absolutely no sense if you have any understanding of economics.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-47775095123289004412013-03-06T14:24:13.199-05:002013-03-06T14:24:13.199-05:0011:32
you realize if government kept the same le...11:32 <br /><br />you realize if government kept the same level of services its budget would increase proportionately with population, right?<br /><br />population in 2000: 281,421,906<br />population in 2010: 308,745,538<br /><br />that's a nearly 10% increase. Add on the $2.5 trillion from 2001-2011 (a conservative estimate) those two wars we are still fighting cost us during that time frame and the sharp increase in Medicare/SS benefits thanks to baby boomers, and the budget growth for all other reasons doesn't seem so big or scary.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-31788678809126816062013-03-06T11:32:28.752-05:002013-03-06T11:32:28.752-05:00"he could offer to abolish Title XVI complete..."he could offer to abolish Title XVI completely, food stamps completely,"<br /><br />That would be a start. Spending has more than doubled since 1996. The problem is not revenue, it's spending.<br /><br />2011 United States federal budget - $3.83 trillion (submitted 2010 by President Obama)<br /><br />2010 United States federal budget - $3.55 trillion (submitted 2009 by President Obama)<br /><br />2009 United States federal budget - $3.10 trillion (submitted 2008 by President Bush)<br /><br />2008 United States federal budget - $2.90 trillion (submitted 2007 by President Bush)<br /><br />2007 United States federal budget - $2.77 trillion (submitted 2006 by President Bush)<br /><br />2006 United States federal budget - $2.7 trillion (submitted 2005 by President Bush)<br /><br />2005 United States federal budget - $2.4 trillion (submitted 2004 by President Bush)<br /><br />2004 United States federal budget - $2.3 trillion (submitted 2003 by President Bush)<br /><br />2003 United States federal budget - $2.2 trillion (submitted 2002 by President Bush)<br /><br />2002 United States federal budget - $2.0 trillion (submitted 2001 by President Bush)<br /><br />2001 United States federal budget - $1.9 trillion (submitted 2000 by President Clinton)<br /><br />2000 United States federal budget - $1.8 trillion (submitted 1999 by President Clinton)<br /><br />1999 United States federal budget - $1.7 trillion (submitted 1998 by President Clinton)<br /><br />1998 United States federal budget - $1.7 trillion (submitted 1997 by President Clinton)<br /><br />1997 United States federal budget - $1.63 trillion (submitted 1996 by President Clinton)<br /><br />1996 United States federal budget - $1.6 trillion (submitted 1995 by President Clinton)<br /><br />http://www.thefullwiki.org/United_States_federal_budget#Historical_TablesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-37664869240974686662013-03-05T12:04:13.537-05:002013-03-05T12:04:13.537-05:00Censorship?Censorship?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-49782776794186459622013-03-05T10:34:02.579-05:002013-03-05T10:34:02.579-05:00It was actually WaPo columnist Ezra Klein, not Joe...It was actually WaPo columnist Ezra Klein, not Joe Klein.<br /><br />http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/02/this-is-why-obama-cant-make-a-deal-with-republicans/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-39263936327769054742013-03-05T08:27:18.402-05:002013-03-05T08:27:18.402-05:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-15082723706436715342013-03-04T16:59:26.799-05:002013-03-04T16:59:26.799-05:00Some other blogger/writer wrote up a better summat...Some other blogger/writer wrote up a better summation of this event.<br /><br />Essentially, Republicans talk all sorts of crap--"if Obama offered x, y, or z, then the Republicans would come to the table and offer some revenue concessions." When O offers these things, the Republicans then turn around and either lie and say he hasn't offered them or say those aren't enough (despite just saying they would be enough of a Dem compromise to muster the Rs to the table to discuss revenue increases). <br /><br />What it boils down to is this--the Republicans are completely unwilling to do ANY revenue increases at this point. They demand that Obama and the Dems keep coming back with more and more compromises in exchange for the Republicans giving up N-O-T-H-I-N-G in the way of revenue increases. <br /><br />It's complete b.s.--he could offer to abolish Title XVI completely, food stamps completely, etc. etc. and the Republicans would not offer one more cent of increased taxes. Eventually, they're going to be called out (so loudly that the idiot masses notice--they are already having their butts handed to them by the non-hack political writers of the world) for their true motives when people notice they wouldn't even compromise for the entire farm. <br /><br />The Republican leadership is only concerned about protecting the property interests of the very wealthiest among us. Sure, some of them throw out red herrings of social issues (abortion, birth control, guns, welfare) to get idiot not-rich people on board, but the only shared, important goal is protecting the wealth of the wealthy. Period.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-1053109526833480022013-03-04T15:36:07.071-05:002013-03-04T15:36:07.071-05:00The quoted piece was written by Gary Legum. Ana (n...The quoted piece was written by Gary Legum. Ana (not Ann) Marie Cox was the founding editor of Wonkette but left in 2006, according to her Wikipedia page.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-86480780370372862512013-03-04T15:28:08.752-05:002013-03-04T15:28:08.752-05:00The chained CPI was in the Bowles–Simpson Commissi...The chained CPI was in the Bowles–Simpson Commission report that came out in 2010. If Obama was really interested in that he has had three years to put it in place. He knows he can say anything to make the Republicans look bad knowing full well the Dems in the Senate aren't going to vote for it. If he is so strongly for it, lets see it in his 2014 budget, if he ever gets one together.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19246708.post-64931861039129155202013-03-04T14:44:42.646-05:002013-03-04T14:44:42.646-05:00Good work, Wonkette! Republican liars of all stri...Good work, Wonkette! Republican liars of all stripes need to be called out. Keep it up, babe. (And you are a babe!)Anonymousnoreply@blogger.com