Quoting TheNuge:" <blockquote><b>Quoting emerald01:</b>" Republicans think that stopping government will ... [snip!] ... get our debt under control have no other leverage to shrink our deficit and debt and get a BUDGET passed that is responsible."The government was shut down before in '95 and things slowed way down and the Republicans learned the hard way. But we never have had a default on our debt.
Quoting emerald01:" But they gave a lot more to Mitt Romney. A lot big business perform government projects and need a stable ... [snip!] ... much money changes hands every second. Thats all for tonight. Tomorrow I will go into more detail of what all this means. "
Quoting SpaceCowgirl:" Exactly! Cutting spending isn't popular. Romney mentioned cutting funding to PBS and that's all liberals could talk about for the rest of the election."PBS isn't that big. Its like .0000004% of the budget most their money comes from donations too. Romney was afraid to talk about real spending cuts. He didn't want to talk about cutting social security or the military
Quoting TheNuge:" <blockquote><b>Quoting emerald01:</b>" But they gave a lot more to Mitt Romney. A lot ... [snip!] ... a 10 yr plan to get out of debt. Imagine the positive impact we'd have if we got our unemployment rate down to 5-6% again."
Quoting emerald01:" PBS isn't that big. Its like .0000004% of the budget most their money comes from donations too. Romney ... [snip!] ... too. Romney was afraid to talk about real spending cuts. He didn't want to talk about cutting social security or the military "
Quoting TheNuge:" <blockquote><b>Quoting emerald01:</b>" The government was shut down before in '95 and ... [snip!] ... dollars are collected each day by the federal government. We can cover our debt. Again, you aren't absorbing the whole story."You would have to pay bond holders before anybody else, but it would cause the markets to crash.
Quoting emerald01:" The debt isn't the problem right now. It would just slow down the economy and we would go back into a deep recession. This isn't a business. We need more revenue. "
Quoting SpaceCowgirl:" Oh lord...this is not a revenue problem. Where do you propose we get the trillion dollar budget shortfall from? Eliminating loopholes?"This is a revenue problem. People not working and states running out of funds caused the federal government to step and help out.
Quoting SpaceCowgirl:" That's my point exactly. Romney mentions an itty bitty teeny tiny cut and the liberals flip their ... [snip!] ... flip their smurf for weeks. If he had started talking about the cuts that need to be made, they probably would have lynched him."He would've lost even more votes.
Quoting TheNuge:" <blockquote><b>Quoting emerald01:</b>" The bankers told the Republicans not to put ... [snip!] ... every informed person knows that allowing the debt issue to not be addressed in a serious way is dangerously irresponsible."You can't look at it like that because those austerity measures make it worse; in Spain nearly 40% unemployment. You're getting even lees revenue coming in.
Quoting emerald01:" He would've lost even more votes. "
Quoting emerald01:" This is a revenue problem. People not working and states running out of funds caused the federal government to step and help out. "
Quoting SpaceCowgirl:" And do you see why it's impossible to compete with Obama? He's like Santa Claus and Romney was the guy was like, "Uh, we can't afford Christmas this year...who's with me?""They give to their big donors who don't need it, which don't help him. It doesn't help when your whole business was making money from people losing their jobs while stashing it in offshore accounts.
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