Posts Tagged With: Government budget deficit

Rand Paul preaches “Trickle Down Reagan-omics” at Howard University

Rand Paul’s ignorance, distortions, and deceptions, Part II.

During his lecture Rand Paul praises the economic growth during Reagan’s presidency as a model to follow.

  • Reagan raised taxes.
    • Paul opposes tax increases.
    • (Obama calls for tax increases)
  • Reagan expanded the size of government 1.5 million employees.
    • Paul calls for smaller government.
    • (Obama has cut nearly 800,000 government jobs)
  • Reagan increased the military with a $1 Trillion dollar peace time build up.
    • Rand Paul does love this about Reagan.
    • Obama has reduced military spending.
  • All this he did with deficit spending.
    •  Blaming federal deficit as the cause of poor economic growth, Paul calls for austerity to balance the budget.
    • Obama has reduced the deficit every year in office and calls for easing down the deficit.

The only things Reagan and Paul have in common is they were both republicans and loved spending money to threaten the world. Paul claims that the republican party has not changed. Paul needs to be a student not a lecturer.

 

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Senate Budget Passed 50-49 Ending 4 Years of Republican Filibuster.

It took all night, but at 4:30 am the US Senate Passed a budget “proposal” to send to the House.

According to the US Constitution Article 1, Section 7, clause 1: “All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.”

I am anxious to hear the new excuse the House will present in order to cater to the Aristocracy and refuse to “Represent” US citizens.

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Refusing to Negotiate or Compromise, the House of Representatives Tells America: We Are a Poor Country With No Resources, Except for War.

The house continues to refuse to negotiate. The Romney plan, passed twice by the House, was rejected twice. The presidents plan presented to the House shortly after the election and posted on the internet, has been totally ignored. John Boehner admitted “where’s the presidents plan? I haven’t seen it.”

Negotiation requires both plans be modified in compromise until they agree. The Ryan Budget which passed the house yesterday does the opposite. The Ryan Budget is even more egregious to the President, the Senate, and the working class than the Romney plan.

Ryan’s grandstanding denying the truth, “We want to balance the budget, they don’t”. The truth is the Republican war mongering and depression of the working class created the deficits that have been reduced every year since the GOP lost the white house. Democrats have done a lot to work toward a balance budget. The “balance the budget” claim is obviously smoke screen for his increases in Military spending, more war.

The “Destroy Obama at All Costs” is alive and well, even if it leaves some Americans to starve, many to die of easily treatable illnesses, children homeless, educational opportunities denied, and the economy in depression.

The Ryan budget tells us that America is too poor a nation and must let the hungry starve and leave the sick untended, children living in the street, and those who thirst for knowledge in ignorance. The Ryan budget shows no hint of “Christian Values”.

A person with a few million dollars in the bank will not suffer. The working class, 98% of America will. All democrats and only 10 republicans see the above facts. Boehner, Ryan, and friends must be too out of touch to understand the pain they cause or they just don’t care.

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Paul Ryan Budget Promotes Growth of “Too Big To Fail”.

Paul Ryan and friends deny the most basic concepts of American Democracy.

If Government was “Of the People, By the People, and For the People”, the working class could build a country where:

  • Everyone would have food.
  • Everyone would have a roof over their heads.
  • Everyone could get an education.
  • Everyone could see a doctor when they needed to.
  • Everyone would be safe from police harassment.
  • Background checks to buy firearms would be law.
  • Assault Weapons would be banned.
  • Democrats would be a majority in the US House of Representatives.
  • All Americans could marry the person of their choice.
  • Every child born would be wanted.
  • Poverty would be a free choice, not a circumstance of birth.
  • All citizens would respect, not fear, the government.
  • The world would respect, not fear, America.
  • Every American would be proud of their country.

Paul Ryan budget shows that “too big to fail” is not big enough. Interfering with the biggest getting bigger is government overreach. Protecting the the working class form the tyranny of the rich and powerful is  government overreach. in this area he calls for smaller government.

Paul Ryan budget proposal fights against government interference with  the freedom to starve, freedom to die if your sick, freedom be victimized if your weak, etc. To interfere with these rights would be government overreach.

Government must be big enough to go far beyond defense and threaten the world with military force. In this area Paul Ryan promotes growth.

Government must be big enough to restrict freedom to choose who you marry and what you and your doctor decides is best for your health. Here Ryan also calls for growth of the reach of government.

The only economic growth promoted by the Ryan budget is more “to big to fail”. This type of growth is temporary. As demonstrated in 2008, when the working class is depressed, the economy fails all classes, the rich included.

Ryan promotes a system that is prejudicial against the working class. Ryan learned nothing from the cycles of recession of the past 30 years. By the labor and consumerism of the working class, the rich get richer. When the working class prospers the country prospers and visa verse.

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Ryan on Medicare: August 2012 compared to today. Redistribution of Wealth is not Deficit Reduction.

Fact checked to death, everything Ryan said in this video about Obama reducing benefits was shown as false.

The Patient Protection and Affordable Care Act, PPACA, that the GOP labeled “Obamacare” eliminated over $710 billion wasted medicare funds. It stopped paying private hospitals and insurance companies for providing nothing. It did take the wasted medicare funds and spent it on increased benefits to the elderly.

In the video Ryan slams the waste reduction and increased benefits and promises to first, put that waste back in and rolling back the increase in benefits by repealing the PPACA,  and second, he promises devotion to protecting Medicare.

He now brags about his rape of Medicare. His new budget still calls for putting the waste back in, making the rich richer by repealing the PPACA thus rolling back the increase in benefits and cutting actual benefits by a over $780 Billion.

Ryan also keeps the tax dollars that were to pay for health care for everyone, that the working class pays for new access to health care, and denies them the health care. That is balancing the budget on the backs of the poor.

Somehow this redistribution of wealth from the working class to the wealthy is deficit reduction.

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One Phrase of truth on Fox News, Al Sharpton echos the Fox reported fact.

The phrase went by quickly on Fox, “The stock market is not the economy”. Al Sharpton stated it more clearly saying “Stock Market at a record high and unemployment at a record low is the balance we need”.

Well put from both sources. The GOP’s people,Corporations, are making money hand over fist. The Democrat’s people, the middle class, are still being depressed and oppressed. More balance in the economy is needed before the Federal Government will be able to balance their budget. (or should I say our budget.)

What is the senate doing? After the Senate intelligence committee was provided all documentation requested on the Drone program, and after the committee voted 12-3 to approve John Brenner as CIA director,  the main action in the Senate today is Rand Paul’s filibuster to stop the majority from moving ahead.

The factual answer to John Boehner’s question “why don’t the democrats in the senate act?” is simple, there are too many republicans in the senate. Thanks for pointing this out Boehner but anyone paying attention already knows this.

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Employment Opportunity: Cat herder needed, apply at whitehouse.gov

Only congress can pass a budget, the president cannot sign any bill until the congress passes it. All budget bills passed in the House have failed to pass the senate. Budget bills that receive a majority vote in the Senate are filibustered by the republican minority.

Polls show a large majority of Americans favor Federal Government spending cuts. However, when polled on what to cut, every area of government was taboo for a majority.

Congress mirrors this popular view. From defense to medicaid, even foreign aid, received a majority vote of “Do Not Cut Here”. There is simply not a majority willing to cut any one thing.

In the past, a committee of representatives from both the house and senate would meet a create a bill that both houses would pass. Instead of taking such action, House leadership blames the president and the senate democrats for lack of action. Senate leadership blames the republican minority in the Senate and the House.

What is the problem here?

Obama’s efforts of meeting with congressional leadership before the sequester failed to produce movement in congress. Failure of congressional leadership appears to be the problem.

Since congressional leadership cannot get a majority to agree on any budget, Obama is expanding his role in trying to get the congress to act. He will be meeting today with 12 republican senators today.

http://firstread.nbcnews.com/_news/2013/03/06/17209235-first-thoughts-look-whos-coming-to-dinner?lite

Getting congress to act as a group is like herding Cats, anyone want the job?

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More of John Boehner’s Shell game.

Pick the shell containing the truth. The trick is that there is only deception under every shell.

Under shell number one:

Boehner raised middle class taxes. The middle class tax increases came in the form of the expiration of the temporary payroll tax cuts. To prevent this expiration the House, John Boehner, needed to act. Obama asked the House to act. The White House cannot pass a bill, only congress can do that. If the House had acted, then and only then could he blame Obama and only if Obama used his power of veto. This did not happen. Upper income tax increases came when the GW Bush tax cuts expired on incomes over $400,000.

Under shell number two.

Boehner pretends ignorance asking “The president got $650 billion of higher taxes on the American people on January the first,” Boehner said. “How much more does he want?”  Here are 3 suggestions on how Boehner could get his question answered.

  1. go to http://www.whitehouse.gov and read it.
  2. Boehner could listen during private meetings in the White house.
  3. Being unable to see or hear, he could request a braille copy. I am sure one could be created for him.

Under shell number 3.

Since no bill came out of the senate, Boehner pretends not to understand why. “why wouldn’t Senate Democrats go ahead and pass it?” Boehner knows his republican senate counterparts obstructed it. Senate Democrats passed a budget bill on Thursday, February 28th by a 51-49 vote. The Senate republicans essentially vetoed the majority by the use of the filibuster.

Under shell number 4.

Boehner said, “I don’t know whether it’s going to hurt the economy or not. I don’t think anyone quite understands how the sequester is really going to work.” Under this shell he hides his true point of view stated back in 2011 when the sequester was created. “I got 98% of what I wanted” The sequester will cause no pain to the wealthiest 2%. The pain is on the middle class. The 98% of Boehner’s goal.

Under shell number 5.

ALL deficit spending for the past 12 years was created by the GW Bush Administration. In spite of the obstructionist congress, Obama has reduced the deficit spending every year. John Boehner was there in the republican controlled congress when they created runaway government deficits. Boehner knows the deficit was created with a combination of unfunded warfare and huge tax cuts for the wealthy. He knows this to be true.

Quotes taken from Boehner’s interview on Meet The Press http://nbcpolitics.nbcnews.com/_news/2013/03/03/17167371-boehner-i-dont-think-anyone-quite-understands-how-sequester-gets-resolved?lite

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TODAY, tuesday Feb25 at 2:08pm, John Boehner “Presidents addiction to spending”

Once again Boehner reiterates what he knows to be false.  The 1.2 Trillion dollar deficit that George W. Bush handed to Obama in 2009 has been cut to 895 billion.  This reduction was mostly spending cuts. The only reason that it has not been reduced further is the Republican House refused to act. That’s over 1.2 trillion over 10 years.

Boehner forced increases in the Federal deficit by bringing the country to the brink of default on our debt.  That resulted in downgrading of America’s credit rating raising the interest we pay on the debt increasing the national debt.

Spending cuts include health care savings of 785 billion by the PPACA, reducing the size of the Federal government by 791,000 jobs, ending the Iraq War, reducing the size of military expenditures in Afghanistan to name a few.

Boehner and I do have one thing in common.  Neither of us are economists. We need to listen when our experts tell us that neither taxing nor spending cuts alone will solve the problem. The solution has to be a combination of the two.

Boehner’s objection to lowering the deficit is the tax part of the equation.  Boehner demands the budget must be balanced on the backs of the poorest Americans.

Boehner lives in an America that is too poor to feed, clothe, and house all of America’s people. Boehner’s American is too poor to tend to the sick, elderly, and crippled. In Boehner’s world these are not fellow human beings.  The grave suffering of the poor does not exist.

In Boehner’s American the wealthiest 1% of the people are to poor to afford a tax increase without grave suffering. This thinking is simply a continuation of Trickle Down economics that has been proven false by 30 years of empirical data.  Check my static post on “Flood Up Economics” on the top menu under economics.

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Cutting the deficit

In 2007 candidate Obama promised to cut the deficit by 50% by the end of his first term.  In 2008 the economy collapsed.  If the budget proposal Obama submitted for congressional consideration  in November 2012 had passed the deficit would have been cut by almost 50%.

The Republican controlled House refused to allow this to happen. As a result, when Obama was inaugurated in January of 2013, he had cut the deficit only 30%.

The deficit has fallen every year since Obama took office, even with the economic collapse of 2008. The statements from Speaker of the House Boehner that the deficit is climbing is a lie, he knows it and so do we.  The deficit would be even lower if the Republican House would allow it.

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