Time for Thorns

An independent view on life.

Posts Tagged ‘deficit

Reduce deficit by $9 trillion?

leave a comment »

The Heritage Foundation has developed a plan to do exactly that.   You can learn about  it here.

 

 

Written by timeforthorns

March 8, 2016 at 10:03 am

Posted in Uncategorized

Tagged with ,

Budget buffoonery…

leave a comment »

Now that the smoke has cleared from the hearings on the budget presented by His Oneness,  we don’t have to look through anything thicker than some fog and a few weeds to see the real truth —   Obama and the Democrats have not the slightest intention of doing anything about the deficit except expanding it.  And Treasury Secretary Geithner thinks he’s being clever when  he admits the new  budget doesn’t touch the problem,  but they don’t like Rep. Paul Ryan’s sensible plan.

Written by timeforthorns

February 27, 2012 at 10:29 am

Posted in Uncategorized

Tagged with , , ,

$189,000…

leave a comment »

That’s how much  each of us owes  on the national debt.   Read the whole article.   It’s depressing,  but it’s the truth.

Written by timeforthorns

January 31, 2012 at 10:25 am

Posted in Uncategorized

Tagged with ,

Simplified debt and deficit…

leave a comment »

This is a  brilliantly simple explanation  of what everyone assumes to be a vastly complicated set of problems.

Written by timeforthorns

January 2, 2012 at 10:51 am

Posted in Uncategorized

Tagged with ,

Obama debt presser…

leave a comment »

Daniel Foster  notes that His  Oneness could have lifted his language about entitlements from Paul Ryan.    Other than that,  the presser was one long,  confused mash of lies and distortions  —  Democrats see a revenue problem,  not a spending problem.    Read Mark Steyn’s post here.

As Kevin Glass so  beautifully points out,  the Democratic party is the only part of the economy that isn’t in the toilet.   Joseph Lawler offers the video and  reduces it to  a succinct  “your taxes will increase after I’m re-elected.”   And yes,   Democrats are perfectly willing to raise  the specter of debt default in order to keep the power that forced government redistribution gives those in Washington.

If,   like Bonhoeffer,  you believe  “The ultimate test of a moral society is the kind of world that it leaves to its children,”  then you can not agree to what his Oneness insists upon,  because the man’s promises are  dangerous to us all.

Written by timeforthorns

July 11, 2011 at 11:49 pm

We ain’t broke!

leave a comment »

House Minority Whip Steny Hoyer  has announced  that we aren’t broke.   He claims we have the intellectual and financial resources to get us back into fiscal shape.  He is apparently adopting the approach of His Oneness  — lie like a rug,  make grand statements,  and hope nobody notices.

But don’t you feel ever so much better now?

Written by timeforthorns

May 25, 2011 at 9:02 am

Posted in Uncategorized

Tagged with , ,

Sinking fast…

leave a comment »

Do you find it a tad suspicious that S & P is just now sounding the alarm on  U.S. debt?   Would they be trying to stampede the congressional herd into raising the debt limit?  Andrew McCarthy thinks so.    Nicole Gelinas  reminds us  of   S&P ‘s long history of viewing big tax hikes as a sign of bold political leadership.   The stock market took note.   Kevin Hassett  warned us  about this two months ago.

And what does it tell you about Democrats that they are staring into the abyss and piously claiming to be concerned about the debt,  but their  only solutions   are to increase the debt and taxes?   Rep.  Eric Cantor  gets it.

At what point will citizens have no choice but to see progressives for what they are?   Progressives don’t care what you think,  unless you bear arms.   There was a wonderful sign at the first Tea Party gathering in D.C.,  which read,  “We came unarmed  — this time.”  Liberals are so accustomed to We the People being docile sheep they don’t believe they have to pay the slightest attention to you.

It is time you disabuse them of the notion.   Call your Congress critters and tell them that if they lack the balls to put on the brakes at the edge of the cliff,  they will never stop spending.  And warn them you will make it your life’s work to replace them with people  who do.   Burn up the phone lines,  fill up their voice mails,  overwhelm their email accounts.   Visit their local offices,  write letters to the editor,  and crack a whip on your friends and coworkers and neighbors.

It’s your future,  and it is in your hands.   You are the only lifeboats this nation has.   ROW, DAMN IT!!!!

Written by timeforthorns

April 19, 2011 at 9:24 am

Posted in Uncategorized

Tagged with , ,

Blah, blah, blah…

leave a comment »

That’s what I thought of Obama’s campaign speech.   It was a campaign speech,   not really a deficit reduction speech.   His Oneness could barely utter the lies fast enough.

Obama does not believe in free markets.   They must be controlled by the government,  which means they are not free.  He does not believe in capitalism,  because that means the government is not directing the economy.  “We believe,  in the words of our first Republican president,  Abraham Lincoln,  that through government,  we should do together what we cannot do as well for ourselves.”   Did not-so-honest Abe really say that?  Perhaps,  but he paid as little attention to the Constitution as His Oneness does.

Obama is still trying to blame Pres. George W. Bush for our current fiscal mess.   He decries the Bush tax cuts,  but is going to keep them except for all he deems rich.

The bottom line is that he says the increasing deficit is a terrible thing,  but he’s going to spend still more,  which will increase the deficit,  and he’s going to  raise your taxes   under the guise of decreasing the deficit.   Got that?

Want proof?   Start with Obama claiming the same $4 trillion in savings that the  Bowles-Simpson deficit commission recommended,  but instead of doing it in the proposed decade , taking 12 years.   Kevin Williamson  points out  that Obama doesn’t address entitlements,  while Rep. Paul Ryan’s budget does.   His Oneness believes that  the rich get  so by taking from the poor,  which is the required view for socialists and other lefty isms.   A hundred economics courses and a thousand years of history will not convince him otherwise.

Clive Crook saw the speech  as a waste  of breath (h/t Joseph Lawler).   Still,   Obama’s  new budget  offers four times the cuts of his original,  which is nothing to sneeze at.

Written by timeforthorns

April 15, 2011 at 11:58 pm

Posted in Uncategorized

Tagged with , , ,

Deficit speech…

leave a comment »

was a campaign speech.   Here is the text if you care to read it.

I will post an update to this later on.

Written by timeforthorns

April 14, 2011 at 9:38 am

Posted in Uncategorized

Tagged with ,

Another speech…

leave a comment »

Investors Business Daily says His Oneness  has failed at leadership on the debt.   Andrew Stiles points out that the President’s new  new proposals consist  of taxes and more taxes.   Does that mean the Democrats won’t be releasing their alternative budget?    Tony Blankley  explains why Democrats can only pretend to reduce spending.

Charles  Krauthammer likes Sen. Jeff Sessions’ take.   Sessions says we are beyond speeches and  need numbers.   There is lots of hyperventilating about  budget gimmickry,   but I always assumed  some of the savings would come from grabbing leftover and unspent funds.  I think the purists are making too much of it.  After all,  if that money wasn’t taken back,  it would sit in government accounts,  adding to the debt,  as agency heads are notoriously reluctant to return such funds to the Treasury.    As Steven Hayward says,  there is  a bright side to it.

Douglas Holtz-Eakin  previews the speech,  beginning with a fantasy,  and also has an  interesting post up.   The Left is  increasing its pressure to preserve its favorite entitlements.   Andrew Malcolm has  a nice bit on why His Oneness is speaking.

No matter what your view,  we have come a long way from VP Biden instructing us that we had to spend even more taxpayer money to save the economy to even Democrats pretending we should spend less.   You must acknowledge something has happened when Minority Leader Nancy Pelosi has gone from saying ObamaCare had to be passed so we could find out what was in it,  to whining that  elections shouldn’t matter so much.   Yes,  it was so much more pleasant when everybody wanted to spend,  spend,  spend.

I have other duties during the speech today,  so I’ll have to watch it on tape,  which is generally what I prefer to do anyway.

Written by timeforthorns

April 13, 2011 at 6:23 pm