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The US Ain't Broke, Mr. Boehner

The US Ain't Broke, Mr. Boehner

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kmax87
Republicant Retiree

Blade Runner

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In one of the world's last bastions of capitalism, a government looks at credit risk and the ability to borrow to maintain liquidity if it needs it, and all the anti-government, business is best muppets can parrot is, the sky is falling, the sky is falling.......

d

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Originally posted by KazetNagorra
So why does it matter? Should politicians give themselves an (additional) big payrise whenever they enact a tax cut?
The average income for men in the US is $45000. For women it's $35000. Average salary for federal lawmakers is $174000. They also get an automatic pay increase every year. They actually have to put it to a vote to stop this pay increase (to their credit, they did vote to freeze salaries in 2010). It's my opinion that no lawmaker (state or federal level) should make more than 20% above their state's average income. It's supposed to be a service after all, not a gravy train.

http://voices.washingtonpost.com/44/2010/03/lawmaker-pushes-to-cut-congres.html

K

Germany

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Originally posted by dryhump
The average income for men in the US is $45000. For women it's $35000. Average salary for federal lawmakers is $174000. They also get an automatic pay increase every year. They actually have to put it to a vote to stop this pay increase (to their credit, they did vote to freeze salaries in 2010). It's my opinion that no lawmaker (state or federal level) ...[text shortened]... vy train.

http://voices.washingtonpost.com/44/2010/03/lawmaker-pushes-to-cut-congres.html
There is a case to be made to cut legislators' salaries, sure. But that case is hardly dependent on the tax policy proposals of legislators.

MB

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Originally posted by sh76
What if you can borrow money by mortgaging a house you own? Are you broke in that case?
That was my first question in this thread.

w

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Originally posted by no1marauder
Rhetorical flourishes and Whodeyesque exaggerations from the Republicans aside, the US isn't "broke" or "bankrupt" or anywhere near it. This excellent article from Bloomberg shows why: http://www.bloomberg.com/news/2011-03-07/bonds-show-why-boehner-saying-we-re-broke-is-figure-of-speech.html

Some highlights:

The U.S. today is ...[text shortened]... operation.


So don't believe the screeching; the facts are the facts.
I am literally salivating at the prospect of the Democrats running on the premise that we are not broke because we can always borrow more. Then all we need is to get someone like Chris Christie up to declare what Obama's own bipartisan debt commission said which is, "America's growing budget deficits is the greatest threat to the country's prosperity and security." Then again, what do these experts in Congress whom Obama appointed know in comparison to the author of the article you provided? Clearly they know nothing.

http://www.telegraph.co.uk/finance/economics/8173986/Obama-commission-says-US-debt-is-greatest-threat-to-security-urges-sweeping-spending-cuts-and-tax-reform.html#

Then again, if you live in the leftist world of Marauder, do you really care about American prosperity and security? Heck, all we need to do is raise government spending to 96% GDP just so long as government growth and spending is never curtailed. After all, prosperity is rooted in greed and security is the last concern with people dying in the streets because they can't afford this or that.

Of course, progressives have no choice but to try and convince the American people that spending money, no matter how much, does not matter. After all, their agenda is to live beyond their means so they have no choice. As for myself, I look forward in crushing these pinheads.

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