Connect with us

Is this the beginning of fiscal responsibility

Discussion in 'Electronic Design' started by amdx, Mar 1, 2013.

Scroll to continue with content
  1. amdx

    amdx Guest

    Well, I see there has been an agreement to cut the size of the
    increase in spending for 2013. Ok, not really an agreement, but it's a cut!

    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
    yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee,
    yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo, yippee, yahoo,
     
  2. Guest

    But the sequester is Obama's idea, no? if Congress can not figure
    out what is important and cut where it is not important, then a small
    2% cut across the board. Well it looks like Obama thought Congress
    was smarter than it really is.


    Dan
     
  3. hamilton

    hamilton Guest

    The sequester was created by the Republicans to push the Democrats into
    cutting programs.

    Looks like it back-fired !!

    http://en.wikipedia.org/wiki/Budget_Control_Act_of_2011
     
  4. Guest

    They're not cutting anything, they're covering a small fractional increase in the national debt.
     
  5. Guest

    The majority of Americans approve of the cuts, they want more of it. The Republicans are looking better not worse. Democrats only wanted more of the same that got the country in this mess in the first place.
     
  6. I was wondering if he named himself after Alexander, if he's ignorant enough
    to think they have something in common.
     
  7. Guest

    Oh, he's at least that ignorant.
     
  8. Guest

    Sorry, but your reference shows the Democrats were for it and
    originated it.

    "Ultimately, the solution came from White House National Economic
    Council Director Gene Sperling, who, on July 12, 2011, proposed a
    compulsory trigger that would go into effect if another agreement was
    not made on tax increases and/or budget cuts equal to or greater than
    the the debt ceiling increase by a future date. The intent was to
    secure the commitment of both sides to future negotiation by means of
    an enforcement mechanism that would be unpalatable to Republicans and
    Democrats alike. President Obama agreed to the plan. House Speaker
    John Boehner expressed reservations, but also agreed.[15]"


    Dan
     
  9. Guest

    That pie chart shows 70% approval of controlling budget deficit as essential this year. Looks like a majority approval of the cuts to me.

    Same thing about public perception. Do you have any idea of just how ignorant the majority of Americans are?


    I wouldn't put much credence in assessments based on instantaneous rates. The deficit can be falling while the national debt is increasing.
    The gap in approval of democrats and republicans is not so small that a little public education can't cure it. Once people realize the fraud and falseeconomy of the democrats' proposition, perceptions will change. Poor and ignorant people love the idea of government, or anybody, sticking it to big business and the wealthy, because they're too stupid to realize they pay for that wealth, and the end result will be an across the board increase in cost of living for everybody.
    The bloated and inefficient government should be number one on the hit list.. Republicans are the only ones going after that, Dems aren't going to touch it because it's just a big jobs program to their supporters.
     
  10. P E Schoen

    P E Schoen Guest

    wrote in message
    They approve controlling the deficit, but not just by spending cuts. Most
    people (the 99%) also want more revenue even if it involves higher taxes
    (mostly on the 1%). Not surprising. But that's how a democracy works.
    They may be ignorant and/or apathetic (I don't know and I don't care), but
    they ARE the majority, and will ultimately determine public policy unless
    big money can influence (bribe) more members of congress. Our senators and
    representatives do NOT reflect the will of the majority of human citizens
    (not the corporate "Citizens United" crap).
    It is in relation to the GDP, which has been improving at a healthy rate due
    to deficit spending. It takes a while for the spending (an investment,
    really) to be reflected in the economy, and as it improves, revenues
    increase.
    Public education or brainwashing? Many republicans want to teach creationism
    and belief in corporate denialist propaganda about global warming and
    resource depletion. Their economic theories are based on escalating and
    unsustainable growth for short-term profits and the ultimate detriment of
    future generations.
    And Republican policy has increased the frustration of those who are
    disadvantaged and causing the Democratic party to increase in numbers. The
    furloughs and loss of jobs caused by the sequester, which was caused by
    right-wing opposition, further discredits the Republicans and will shift
    more people to the Democratic side. What's wrong with government jobs? They
    provide needed services for the huge segment of the population who are not
    fortunate enough to be able to afford them from the private sector.
    Right-whiners chant that the government cannot create jobs, and I call BS.

    Paul
     
  11. cameo

    cameo Guest

    What the hell are you talking about? Did you forget that Obama already's
    got his tax increase when the Bush tax cut was eliminated for incomes
    over 400K? Most people who want increased taxes are not the ones who
    would also pay those taxes. How moral is that? It's about time to
    supplement the old battle cry "No taxation without representation" with
    "No representation without taxation." That would at least result in a
    REAL balanced approach that Obama likes to repeat at every chance he gets.
     
  12. Joerg

    Joerg Guest


    Exactamente! What the vast majority of people fails to understand is
    that this "stick it to the man" attitude has hard longterm consequences
    for them. Because money has feet, it can walk away, and eventually does.
    Back into bank accounts, into gold, or to outsourcia. In all cases it
    takes jobs with it, jobs that will simply vanish for the American people.

    [...]
     
  13. miso

    miso Guest

    The Republicans are looking better not worse. Democrats only wanted more
    of the same that got the country in this mess in the first place.
    Uh, the Democrats ran the MERS program to allow for the trading of
    credit default swaps? I don't think so.

    The GOP looks like the douche bags that they are.

    So now that Hagel is sec def. it is about time to **** over Arizona.
     
  14. P E Schoen

    P E Schoen Guest

    "Joerg" wrote in message
    The jobs already vanished when the housing and banking bubble burst in 2008.
    But many people have good government jobs that are now severely threatened
    by the sequester (particularly in MD and the greater DC area). There is (or
    at least may be) a huge ripple effect which will put the brakes on the
    economy just as it was gaining momentum and encouraging investors to put
    their money into local businesses rather than outsourcing or putting it into
    banks and precious metals or diamonds or whatever.

    History has shown what can happen when big business squeezes the lifeblood
    from workers (especially in the 1890-1910 robber baron era), as well as when
    it swings too far the other way (as happened until recently with greedy
    labor unions). The fact is that there is really not enough meaningful and
    necessary work to keep everyone employed full-time at top dollar, when there
    are highly educated and motivated people in other countries who are willing
    to work harder and better for much less.

    Actually, the sequester, and such measures as the 1 day a week furloughs for
    government employees, is exactly what is needed in the long term, where
    people take a 20% pay cut along with a 50% increase in free time to enjoy
    life. But this sequester comes at the wrong time, and it is a bit too
    drastic, so it will have a chilling effect on the economy. We really need to
    consider a "prosperous way down", and work to achieve it gradually and
    voluntarily, rather than having this reality slap us hard upside the head.
    http://prosperouswaydown.com/

    Paul
     
  15. josephkk

    josephkk Guest

    And he will have his way with you too JT. BOHICA

    ?-)
     
  16. cameo

    cameo Guest

    The most obvious cuts with the least amount of negative consequence
    would be the wholesale elimination of some federal agencies and
    departments, such as Education Dept that don't educate any kids and
    duplicate functions states do already. The laid-off Ed Dept employees
    could be offered teaching jobs in some urban schools perhaps where they
    could show what they preach.
     
  17. Joerg

    Joerg Guest


    The ones I know about vanished well after that, for reasons that most
    Obama-fans are in denial about. For example the medical device tax. That
    has very directly cost jobs, scores of layoffs end of last year. I've
    predicted that, was laughed at, now nobody is laughing anymore.


    We need less government. Government is usually the least effective
    pathway to get a job done. Socialist countries have demonstrated that
    time and again.

    So what's the alternative? More wanton spending and consequential debt
    accumulation? Sky-high taxes where people's motivation to work dwindles?

    I am of quite the opposite opinion. There would be enough work if
    government would leave us alone. Case in point: I have no employees
    because I have seen time and again how businesses get punished for that.
    I know, because I ran one with >100 employees.


    Absolutely not. That is like the alcoholic saying "Give me just one more
    bottle, then I'll stop". Or the smoker who wants just one more pack.
    That has never worked.


    Americans have managed to survive the 2% payroll tax increase without
    much of a sweat and we did not go into the abyss. I fully expect the
    government to perform the same now.

    The link doesn't work, just sits there and then times out.
     
  18. Joerg

    Joerg Guest

    Now it works here as well, maybe something was stuck at my ISP. Anyhow,
    not a very useful link IMHO. I agree that we will have to make do with
    less in the future, in many ways. There is no way around it. But an ever
    increasing spending apparatutus and increasing taxes are _not_ the path
    to success of any kind.
     
  19. Joerg

    Joerg Guest

    Huh? The self-sufficient folks in Pennsylvania and surroundings will
    have 5-6 children within a rather short time. Per family, which is still
    a self-sufficient entity.
     
  20. Sounds like a long-term solution, since killing all the dependent
    individuals (including children) will leave nobody at all in 85 years
    or so.
     
Ask a Question
Want to reply to this thread or ask your own question?
You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.
Electronics Point Logo
Continue to site
Quote of the day

-