OldSchool Loc: Moving to the Red State of Utah soon!

The budget deal is a win for the Democrats, and a loss for the Republicans...it's a bad bill. The bipartisan deal was nothing more than the RINOs poking their fingers in the Tea Party's eye. Just because an economic catastrophe hasn't happened yet doesn't mean it's not going to happen. You can't keep piling on more debt (which this budget deal does) and increasing unfunded liabilities forever. At some point it is all going to blow up...when that happens is anybody's guess. I do know that what we're doing now is unsustainable. Anybody who has an ounce of knowledge in economics and math can see that. If Russia and China succeed in removing the dollar as the reserve currency, that's when it all blows up.

Currently Medicare, Medicaid, and SS comprise about 45% of the budget. With Obamacare, if it is not repealed, will add another 16-20% to the budget. You can say it's paid for, but it will have to be heavily subsidized by the taxpayer, and like all bureaucracies, it will grow and grow. Remember Medicare ended up costing ten times more than originally estimated. So, now we have about two thirds of the budget going to entitlements, and we haven't addressed unemployment compensation, welfare, food stamps, federal retirement, et al. Now, if inflation starts going up, which it eventually will, now interest on the debt ($17 trillion now, and estimated to be around $23 trillion when Obungler leaves office) will start eating more of the budget. They can increase taxes, but that will tank the economy even more. So, they just keep kicking the can down the road...until it eventually all blows up.

The definition of bipartisanship is "Democrats win, Republicans lose."

viet vet

I haven't read much of what Uncle Jesse has said but have read a lot of what you have said in the past (I have been gone for a while) but old school if uncle jesse is dumber than a bag of hammers he still is many points higher on the intelligence scale than you are

OldSchool Loc: Moving to the Red State of Utah soon!

PTSD got you down?

viet vet

nope , just that Uncle jesse makes sense and you never have , but I have just gotten used to your inane crap

Boo_Boo Loc: Jellystone

OHHHHHHHHHHHH You are back, just in time to put coal in everyone's stocking for Christmas. hurrrrrray...I guess.

OldSchool Loc: Moving to the Red State of Utah soon!

Inane crap? Said like the ignorant libtard that you are! You keep drinking that left-wing Kool-Aid, pal.

viet vet

No coal but best wishes for Christmas and a very happy new year

Boo_Boo Loc: Jellystone

Thank you, and a wish for a very MERRY CHRISTMAS to you and your family. For the coming year, success, love, and happiness. :thumbup: :thumbup:

UncleJesse Loc: Hazzard Co, GA

Hey OldSchool!

I’m not sure it’s either a big win for the libs or a loss for the pugs – it’s the way moderates like it. I like your cautionary assessment of the budget policy yet I recognize a lot of what your purport is speculative just as the libs speculate that all will be paid for and work out over the long run. I too agree with your assessment of China’s actions to move the IMF away from the dollar. That pug debt ceiling threat gave ammo for China’s argument. I’m hoping for more Rino’s and Dino’s in congress because the libs and pugs ain’t nuttin’ but trouble.

UncleJesse Loc: Hazzard Co, GA

Viet Vet!

I look forward to reading more of your posts and thanks for your support.

bluejacket

you are welcome and have a merry Christmas and a happy New YEAR

bluejacket

To change subject may you have a merry Christmas and a happy new year