stargazer711 wrote:
I have not read it in detail, but I know that Ryan is a very bright guy who shares the same fears many of us do of the eventual meltdown if we don't quit pulling out the China charge card every time some dimocrap comes up with a new scheme to buy votes. That famous quote from Botox Nancy Pelousy that the budget has been cut to the bone, and no more cuts are possible, just shows how delusional they really are.
That said, it may require some tweaking of details, but it is the best chance we have for avoiding the oncoming financial apocalypse.
Support!
I have not read it in detail, but I know that Ryan... (
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Republicans have been telling the same fairy tails since I started working in the 70's. IF politicians would stop using SS as their own personal budget balancing tool it would be fully funded today.
And here is what they do when in control all verifiable FACTS
If you are fiscally conservative Reagan , Bush 1 , and Bush 2 were all worse then Obama's. He may have passed major spending but if you believe MOST economists our economy would not have survived without the bailouts.
Just so you understand what all 3 did with republican help.
Reagan and Bush senior got almost exactly the budgets they requested in each of their 12 budget years.
Reagan:
The first budget passed by all Republicans and a few conservative Southern Democrats.
This increased the debt by $144 Billion.
The next 5 budgets passed by the Republican Senate and signed by Reagan.
The last 2 budgets passed by a Democratic Congress
Totalled slightly less than Reagan requested.
G. H. W. Bush:
Democratic Congresses under Bush passed smaller budgets than he requested in 3 out of 4 years.
These four Democratic budgets totalled $14.6 Billion less than Bush requested.
G. W. Bush:
The first two budgets Senate was split 50/50 and the House was Democratic.
Bipartisan and totalled $20 Billion less than Bush requested.
The biggest cause of deficits was Bush's enormous tax cut, mainly for the rich.
The next 4 budgets the Congress was solid Republican.
The last 2 budgets Bush vetoed modest Democratic attempts at spending.
In summary: Democrats controlled Congress during 8 out the 20 years. During 4 of those years, Democrats decreased the budgets proposed by the Republican presidents. Their total effect during those 8 years was to reduce Republican budgets by $17 Billion (which is only 0.2%).
And all 3 cut taxes so the result was less income into the treasury while they were spending.