Are They Setting Us Up?

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Simplistically, the federal deficit arises because government expenses far exceed revenues.

As we approach the “fiscal cliff,” Republican leaders are sending clear signals that they are willing to compromise on certain tax increases demanded by the Obama administration. That’s a good thing; taxpayers (myself included) may not like it, but it is necessary to bolster the income side of the equation.

On the other hand, unless I’m missing something, I’ve read and heard precious few specifics on the Democrats’ willingness to reduce expenses — most notably the “sacred cow” entitlement programs. Are we being set up, with support of the liberal media, for more of the blame game directed at the millionaires and billionaires if we fall off the cliff?

Don’t bet against it.

Tom Cecka

Pinehurst

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Comments

pgericson 5 months, 3 weeks ago

To be fair, the deficit arises when expenses exceed revenues: it takes two. Please remember that this country was running major surpluses prior to the Bush tax cuts:, these cuts along with the war and President Bush's expansion of Medicade to include perscription drugs quickly led to major deficits. President Obama has laid out his revenue plan and has asked the Republicans to lay out their proposals for reduced spending. What exactly, have the Republicans said they specifically want to cut? All I hear are calls for President Obama to lay out his programs for cuts?

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skylinefirepest 5 months, 3 weeks ago

SPUWS...obviously you have no idea what military strength entails. We are now a one front military and your man obumma wants to cut even more. We have enemies on this planet and the way to win their hearts and minds is NOT through a pansy military. Strength, judisicially used, breeds respect...not love, mind you, but respect.

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Thatcher 5 months, 3 weeks ago

pgericson- What was the national debt when Clinton took office? What was it when he left office? How many times did Clinton ask for and get an increase in the debt limit? Seriously, look it up. Then tell us about these "major" surpluses. Cheers!

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njc17 5 months, 3 weeks ago

Again with the Bush bashing. The Bush era was going fine until the last two years which was an overwhelming democratic congress with a spending fixation.And a Barney Frank and company screwing up the Fanny and Freddy mortgage debacle. The FFM crash was the tipping point in the financial crash that ensued. Neither democrat nor republican really saw the spark in the leaf pile. Now as to the fix. There is unimaginable waste in the federal governmental operation. There is waste in military operations, not in military manpower or equipment. The entitlement programs need serious overhaul, especially welfare and food stamps. [now remember Social Security is NOT an entitlement, it is user paid for] But the waste and fraud in medicare and medicade is seriously high. Unemployment must be capped and reduced if America can regain a workforce. Foreign largess MUST be rethought and where nations are against us CUT IT totally. You cannot buy friends, so why try. Obama has asked for a new debt ceiling. THIS HAS TO STOP!! NO NEW borrowing, As for taxes. Obama is creating a serious schism between haves and havenots. He has declared class warfare. But we have what we have. My kids and grandchildren will have to deal with it. Some legacy, eh?

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pgericson 5 months, 3 weeks ago

Thatcher- I would draw your attention to this FactCheck.org article: link text It shows a narrowing deficit in the early years turning into major annual budget surplus in the latter years. Note, in contrast, the move to major budget deficits following the Bush tax cuts. Not to put too fine a point on it, but I had looked it up before writing the post.

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DaveyNC 5 months, 3 weeks ago

Let it burn. Give 0bama everything he and the Dems want.

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AFCHIEF 5 months, 3 weeks ago

America Wake Up! All these new taxes the liberals want will only run the govt for about 8 days. Still will have an Annual budget deficit of $900,000,000. Not enough rich people to tax. Spending cuts NEED to happen now, not 5 to 10 years down the road. Yes America has been setup to continue to fail at balancing a budget

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madstork 5 months, 3 weeks ago

It would be helpful if the leader of the party would chose to work the details with Congress and get his a$$ off the public stump just stirring up the dust. Once a community agitator, always an agitator.

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Thatcher 5 months, 3 weeks ago

pgericson-- Thanks for the link. If you get a chance, take a look at this: http://www.usgovernmentspending.com/federal_debt_chart.html. You can click sublinks to see decade by decade. I would agree with you that Clinton's last few budgets (given the new Republican majority in the House) had smaller deficits and a projected surplus for the last two years of his second term. The debt, however, was never reduced, and in fact grew larger under Clinton. Cheers!

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njc17 5 months, 3 weeks ago

Again with the insults. Can ANYBODY utilize a modicum of imtelligence? Instead you bash and use putdowns in lieu of serious conversations. I am beginning to wonder at the level of civility espoused here. SPUWS; Please review basic economics. YOU CANNOT SPEND MORE THAN YOU HAVE TO SPEND without going into debt. Obama has blown any sense of fiscal responsibility out of the converation. This is NOT Bush, this is Obama. And he wants MORE. THIS is the most irresponsible POTUS America has had including James Buchannon. But the entitlement crowd has won the day, and America will be the poorer for it. Our children and grandchildren, YOURS INCLUDED will have a debt to pay, that will swamp them.

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irishman 5 months, 3 weeks ago

SPUWS What other Pres has run up 4 Trillion is debt in less than 4 years with wasted stimulus? Don't blame GW Bush for that, now OBumma wants the Legistlature to hand him sole authority to increase the national debt to any amount! How is that responsible stewardship?

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AFCHIEF 5 months, 3 weeks ago

SPUWs I'm assuming you live on a budget unless of course you get free welfare money from the govt. Even the you still must curtail spending to fit your budget. Problem is Obama and his fellow liberals Reidd and Pelosi DO NOT want to cut spending. So once again this is simple math even if they raise taxes on all the rich people the govt still has not balanced the budget, how freakin hard is that to understand.

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Yukonjohn 5 months, 3 weeks ago

because the republicans are still doing everything in their power to ruin this mans legacy

upperwestside, we agree on this. But as much as they might be trying to do that, they could never even come close to ruining his legacy as much as he is doing. We have not started to see the bad stuff that is to come. Even you will see how wrong his policies are someday soon. Sorry, I know how much you love the President of the US, Barrack Obama, but he is not a good one.

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The_AnonymusProfit 5 months, 3 weeks ago

The lack of education here is appalling. SPUpperWestSide really get your facts in line.

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The_AnonymusProfit 5 months, 3 weeks ago

Just for the hell of it I will do yalls homework for you since much like preteens you wont do it for yourselves.

Year 1 Clinton 1992 national debt. $4,177,009,000,000

Year 8 Clinton 2000 national debt. $5,662,216,013,697

Ok now lets expel some mis notions. First, Bill Clinton and Newt Gingrich DID create 3 1/2 years of annual budget surpluses. However only the last year of the clinton administration did the National Debt decrease by 2% or roughly 110 billion dollars. If that rate had remained static it would have taken roughly 49.7 years to pay off the national debt. Again thats if no expenses ever rose and income to the government stayed the same. Ie Static.

In 2002 there was a recession caused by the collapse of the Dot Com industry. This increased the National Debt under President bush due to a reduction in the revenue paid to the federal governemnt. in 2007 or 1 year before Obama, GWB had reduced federal spending as was returning to a pattern where budget surpluses would have been achievable again.

National debt increased under Obama in the first 3 years of his first time by a rate of almost 15% ballooning the national debt to a point where for the first time ever National Debt exceeded GPD.

There is your homework. Refute me I dare you to try.

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clarabelle 5 months, 3 weeks ago

"The_AnonymusProfit - The lack of education here is appalling. SPUpperWestSide really get your facts in line."

Smiles..... talk about the pot calling the.............

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clarabelle 5 months, 3 weeks ago

do you ever wonder why ol rush and billie boy have high (not quite as high as honey boo boo) ratings?

same story here - only far right loonies commenting - they need this crap to feed their hate filled lives.

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Yukonjohn 5 months, 3 weeks ago

LMAO, The main "saving grace" is that it won't be that long before all of these things come to pass. I promise, l will not be one that says "l told you so" when it all goes down, but it will be ugly. I absolutely do not agree with the Repubs "talking points" but some of them are spot on. Think about our country as being a big household. You CANNOT run your household like we are running the country. You would have the process servers lined up at your door serving you papers over your non-payment of debts. Do you disagree with this? Why should we run our nation any differently? I honestly do not believe one can spend their way into prosperity.

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skylinefirepest 5 months, 3 weeks ago

Clary and spuws...believe it or not, I don't hate anybody...not even your annointed one! I hate what he, with your help, has done to this country. And is wanting to do in his last four!!!

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The_AnonymusProfit 5 months, 3 weeks ago

And the Bell rings true, I can provide all the facts in the world but apparently facts are only correct when they are spoken by the left.

Shame there used to be discourse.

Clarabelle, Im going to do you the biggest favor anyone could ever do for another person, Im going to pray for you man.

UpperWestSideShameStory. You no the funny thing is that while im walking around with your civics club trying to think of ways to save the West Side of SP you are on here with this drivel No wonder First Missionary Baptist Church is having such a rough go of it..

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Thatcher 5 months, 3 weeks ago

Yukon!! Looks like some poster here is trying to lengthen your name. Ha! You are spot on about the coming collapse. Now that your name has been lengthened, though, the only one who can restore it to just "Yukonjohn" is "our president of the united states barack obama." It's a new rule here...or something. Man, 68 degrees here and sunny today...got to throw the football in the yard with the boys today. Fantastic! Stay warm up there. Cheers!

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The_AnonymusProfit 5 months, 3 weeks ago

@ 101jackson

UpperWestSideShameStory is not a reflection of the West Side of Southern Pines, though there are many like him there, there are also conservative people who are god centered and are working hard to restore what once was a vibrant part of Moore County.

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Yukonjohn 5 months, 3 weeks ago

Thatcher, I am happy ya'll are having such fine Dec weather!! And it's not even raining like it can this time of the year. Here, we are once again happy. They were forecasting 50 below for three nights, now they have backed down to only 40. There is a difference, stuff still kinda works at 40. We are down to 4 and a half hours of low sunlight now, but in three weeks everyone will start gaining again!! Spring will come someday. Take care, my friend, and have a great weekend!!

And to stay on subject, Thatcher, hopefully we are absolutely wrong about the economy. Maybe one can spend their way into prosperity. I have never seen it, but l don't know everything.

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The_AnonymusProfit 5 months, 3 weeks ago

Lol im a racist.......this stuff is priceless.

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Thatcher 5 months, 3 weeks ago

Yukon!! We are, unfortunately, correct about the economy. Still waiting for anyone, including JimHeim, to defend JimHeim's post. 40 below! Dude, save yourself! We can always visit Alaska in the summer and fish, then return for normal temperatures here. 40 below? Be safe up there you crazy libertarian snowman! Cheers my friend!

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njc17 5 months, 3 weeks ago

Come on here, cut the racism crap. The topic is whether or not the republican congres is eing set up. Of course! Obama has no idea what budgets are, and why he needs one. That is the Keyensian way. Obama WANTS to level the playing field. It is, in his mind, unfair that some people become far more sucessful that others. He wants to take the millions of the millionaires and distribute it to the non-money makers. Now this being said, we are approaching a supposed fiscal cliff, in the political minds. Is there such an animal? not really. There is a spending problem, a debt problem, a serious problem of foreign entities owning our debt, and many of these same entities are now moving in and buying our properties. Obama has deliberately taken an evasive approach, chosing to meet with his voter base instead of facing congress. He has Not submitted a serious budget, has set one requirement of solely setting the debt ceiling, is looking for unlimited money access for stimulus, and has has NO plan for cutting the debt. BUT he will use his sales approach to vilify the republican at every turn.

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njc17 5 months, 2 weeks ago

SPUWS; I looked and did not see the "black' comment. So ease up. The welfare problem is a nondiscriminatory sucking pit of dispair. The most expensive entitlement program that needs severe slashing. For the liberal mind here please read the story of the grasshopper and the ant, and take a lesson. If this nation is to survive as a Constitutional entity, all entitlements must be brought under control, but sadly with this' idiot in chief', THIS WILL NOT HAPPEN.

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Yukonjohn 5 months, 2 weeks ago

Hey Thatcher, I won't do this often, but here are some of the temps we are dealing with:

...ANOTHER BITTERLY COLD MORNING IN INTERIOR ALASKA...

CLEAR SKIES AND HIGH PRESSURE HAS RESULTED IN ANOTHER BITTERLY COLD MORNING ACROSS THE EASTERN INTERIOR OF ALASKA. MANY LOCATIONS REPORTED OVERNIGHT TEMPERATURES COLDER THAN 40 AND 50 BELOW ZERO. TEMPERATURES HAVE REMAINED COLD DURING THE DAY AS WELL...WITH MOST OF THE COLDER VALLEY LOCATIONS FAILING TO CLIMB ABOVE 40 BELOW ZERO DURING THE AFTERNOON. THIS MORNING MARKS THE THIRD DAY IN A ROW THAT THE NWS OBSERVER IN CHICKEN HAS REPORTED TEMPERATURES COLDER THAN 50 BELOW ZERO.

FURTHER WEST...TEMPERATURES HAVE BEEN ABOUT 20 DEGREES WARMER IN THE FAIRBANKS AREA...WHERE READINGS HAVE BEEN HOVERING BETWEEN 20 TO 35 BELOW ZERO. AS USUAL DURING THE WINTER...A STRONG TEMPERATURE INVERSION HAS ALLOWED THE HIGHER ELEVATIONS TO BE CONSIDERABLY WARMER THAN THE VALLEYS.

HERE ARE SOME OVERNIGHT TEMPERATURES OBSERVED IN THE INTERIOR:

CHICKEN...........................56 BELOW TOK...............................55 BELOW NORTHWAY..........................48 BELOW COAL CREEK........................45 BELOW EAGLE.............................45 BELOW PORT ALCAN (US CUSTOMS)...........45 BELOW CHISANA...........................43 BELOW BIRCH CREEK.......................42 BELOW

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Thatcher 5 months, 2 weeks ago

There is only one who can tell us if racism is present on these threads, and that is "our president of the united states barack obama." Whatever he says, goes. Cheers!

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Thatcher 5 months, 2 weeks ago

Yukon! You guys are insane bada$$es up there! And who the heck lives in Chicken, Alaska, where it's 55 below? I not only want to shake his/her hand, I want to buy them a new space heater! And some Bojangles chicken! Cheers!

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The_AnonymusProfit 5 months, 2 weeks ago

@ UpperWestSideShameStory

You are correct that white people receive more in welfare then black people. But why is this? well lets ponder this a minute, something you cant do so again ill do it for you.

Population of white people in America 78.1%

Population of black people in America 13.1%

(Statistics taken from the US Dept of Commerce, Census Bureau)

So yea one can understand that if 78% of the country is white then they will receive the bulk of the money, however lets look at it per capita.

White Population 32%

Black Population 38%

(these percentages reflect total welfare receipts, IE to include programs such as Medicade, Medicare, social security disability etc etc.)

Percentage based on Means Tested Benefits (MTB) (IE to include only direct benefit programs such as SNAP, HUD Assistance, Direct Pay systems etc etc

White Population 55%

Black Population 81%

(Statistics taken from US Dept Health and Human Services)

UpperWestSide you are on the court with the wrong guy, and you are now down 15 with 2 minutes to go, I guess youll just have to foul and see what happens cause your not going to win any real battle with me, Why? Because you have nothing but hot air against my solid facts.

The Profit says, 2 thumbs down.

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The_AnonymusProfit 5 months, 2 weeks ago

@ UpperWestSideShameStory

I dont remember ever saying that, but I see again you avoid my stats and just say dumb things.

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njc17 5 months, 2 weeks ago

There you go again, have you NOTHING SALIENT to add to the conversation?Do you even know what or who 'MY KIND' are? My kind are the people who believe in PERSONAL RESPONSIBILITY. Who believe in God, Country and Family. Who believe in hard work and using the God given talents and abilities to improve ourselves and advance in society, and give back to society where it is indicated. To never mooch, but when in need gladly accept the handout. Now that being said, can you add to the conversation at hand? Do you think the administration is setting the conservative branch of government up for a drubbing in the civic opinion game?

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The_AnonymusProfit 5 months, 2 weeks ago

UpperWestSideShameStory

Why is it that I "HAVE" to answer your question, yet you refuse to answer the ones I asked? Also please pull this "quote" because while I may have said something like that, I am positive you are using it out of context. Again provide FACT not assumptions or blanket assertions that can not be backed up.

As for those higher numbers and whos to blame, yes I no exactly who is to blame,...

The Democratic Party of the United States of America.

Wow how is that? Im not doing anymore of your homework. Maybe instead of blogging here you should read a book...Can you read? Im not sure you can.

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njc17 5 months, 2 weeks ago

SPUWS; First I am an old man long retired, and you seem to be losing perspective. You are a very angry person, and you are letting your anger get in the way of your logic. Go back to the topic of this thread, and bring some viable responses to the table, I'm sure you have some, but with calm demeanor. It's necessary to get opposing viewpoints, backed up with fact and logic.

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Thatcher 5 months, 2 weeks ago

njc17-- Great post. Only "our president of the united states barack obama" can solve this. Cheers!

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fugitiveguy 5 months, 2 weeks ago

MC7 is making a lot more sense to me these days.

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njc17 5 months, 2 weeks ago

that's called substitution, SPUWS, good night.

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The_AnonymusProfit 5 months, 2 weeks ago

@UpperWestSideShameStory

But you have not provided 1 single fact yet

I would have to use base 8 math to find a per capita on your providing facts.

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renoace 5 months, 2 weeks ago

DaveyNC has it right - let it burn - History will judge this period of demise as self evident in its composition - cultural madness by fiat for the sake of vainglorious, stupid, policy games of insane statesmen and spooks so stunted by inbred, insider, mono-cultural privilege that they are incapable of combating a revolution of uncontrollably diverse and informed people who will soon have had enough and will take matters into their own hands with the powder and the finger and the thought that pulls the trigger.

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The_AnonymusProfit 5 months, 2 weeks ago

Poor poor shamesidestory

You are a shinning example of failure of education. But now i am done with u.

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JimHeim 5 months, 2 weeks ago

The right-wing hysteria I see in many of the posts here is vastly amusing. The president's re-election (a land slide by Fox News metrics) has totally unhinged the less grounded among us. I intend to fully enjoy it until it finally burns itself out.

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njc17 5 months, 2 weeks ago

Heim, do you really believe that? My take is, yes, the conservative lost, the responsibility of life has become a democratic party issue. "WE'll take care of the masses and drain the wealthy, even the playing field, REDISTRIBUTION. well I have stated, this nation has lost a major piece of herself. Sad.

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JimHeim 5 months, 2 weeks ago

You guys crack me up. Challenged to come up with a single right that we have lost under Obama, a tea party volunteer at the Carthage poll could not come up with anything but, we can't have 16 ounce sodas anymore. That was it.

Our volunteer had to tell her that the soda limit was drinks larger than 16 ounces and was just in New York City. Obama had exactly nothing to do with that.

So knock yourselves out and cry yourselves to sleep at night. There is nothing better than to bathe in conservative tears.

And thank your lucky stars that Democrats are in the majority or the American economy would be in the tank.

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Yukonjohn 5 months, 2 weeks ago

upperwestside, according to the oath of office, he is already in "default" of the Constitutional clause. In so many ways he has not upheld the Constitution of the United States. I do not expect him to do this at all in his second term. I also believe America will fall under his watch. As l live here in this frozen land, doing what needs to be done to live and live well, I feel sadness for the American people. Friends and family that l have known over so many years. And to know that NEITHER of the parties are ready or willing to accept freedom like our forefathers dreamed for us. That is very sad. It is also a bit sad that l gave probably the best ten years in my life to defend her.

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The_AnonymusProfit 5 months, 2 weeks ago

@shamestory,

The sad fact is you actually veleive what you say. Thats the saddest fact of all.

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JimHeim 5 months, 2 weeks ago

Yukonjohn, your side keeps bleating about how Obama is failing to defend the Constitution, then don't give us specifics. Why is that?

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Yukonjohn 5 months, 2 weeks ago

Jim, Obamacare, NDAA are two that come to mind quickly. They will both have a profound effect of me personally, but l will survive with or without them. Would l vote for his impeachment, absolutely. Do l favor Republicans, absolutely not, they are just as bad.

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njc17 5 months, 2 weeks ago

SPUWS< get a grip. There is a fiscal war coming. between those who espouse personal responsibility and those who espouse government lergess at the peoples expense. That simple. Now as the topic title suggests [ you remember the topic, don't you] Obama, through T.Geithner financial wonderboy, are challenging the republican congress, John Boehner in particular, to do their job for them. What you don't seem to understand is the PRESIDENT it required to submit a budget every year for the congress, [House AND Senate] to review, and vote on. This president has NEVER submitted a budget, BUt he does go on spending sprees, throwing stimulus monies at various pet projects of those who support him. ie; the EPA and this greenhouse idiocy and solar and other nonviable energy programs, with no positive end result. . Now SPUWS, I trust you do realize you cannot spend money you don't have, --are we in agreementon this?, you do not borrow money you have no hope of repaying, ---are we in agreement on this??? Obama has NO plan except to spend and place this nation infurther financial debt, and as Geithner desires to do print more paper bills and call it money thereby increasing inflation and thereby increasing costs to the point nobody can afford anything but government largess. TRhis is Keyensian economics. Yes Obama has set a trap and sadly Boehner , I doubt is smart nor strong enough to stay away from.

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Yukonjohn 5 months, 2 weeks ago

njc17, There is no way SPUW will answer you. He/she has no answer. They HAVE to know that one one can borrow money that they have no ability/desire/where-with-all to repay. That is exactly what our govt. is doing. It is not sustainable, and it will not be long before ALL will see what happens. Actually, l do not know what is going to happen, but it cannot be good.

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The_AnonymusProfit 5 months, 2 weeks ago

@ westside. Define landslide.

In 1984 regan won 49 out of 50saying states. Thats a land slide. Obama won by less then 2 percent. Thats called a real close race. In fact in the swing states that matter obama won by less then 12 percent overall.

Again facts man. Learn some cause you dont speak any.

Btw. Show me proof of my being a racist. You cant.

Hey westside quivk question, is condelezza rice black? What about herman cain? What about mia love?

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Yukonjohn 5 months, 2 weeks ago

And as everyone in America can see (if they come on this site) that SPUW will never answer a question about how this will all be paid for. Either he does not know, or he just chooses not to answer. I would be so interested in hearing how THEY intend of this getting paid for, but we all see, we will never get an answer.

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Thatcher 5 months, 2 weeks ago

Yukon! I think he believes that it will all be paid for by our president of the united states barack obama. But I can only go by his prior posts. Cheers!

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packwilleat 5 months, 2 weeks ago

Modern Monetary Theory ~ I don't know why it's called a "theory". If you study the economic collapses through out history, this "theory" is at the root of the down fall. Jim needs to re-name it to "Modern Monetary Failure"........................

http://m.washingtonpost.com/business/modern-monetary-theory-is-an-unconventional-take-on-economic-strategy/2012/02/15/gIQAR8uPMR_story.html

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packwilleat 5 months, 2 weeks ago

But if we want to talk economic theory, how about a look into Austrian Economic Theory..........

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Yukonjohn 5 months, 2 weeks ago

Hey Pack. Missed you for a day or so it seems. Hope all is well with you. I hope you and Thatcher and all the other posters on here have a great start to the week. As for here, l am off to the store to stock up some on food (the old get milk and bread). We are expecting 35-45 below for all week, so wanna be good and prepared so l don't have to do it after work. Take care ya'll and have a good evening.

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packwilleat 5 months, 2 weeks ago

Yukon ~ the wife and I are doing well. It hit 78 today here in New Orleans. Headed back home tomorrow. It's been a blast down here. Tonight we'll let the livers rest and enjoy some local grub. Hope you manage to stay warm up there!

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AFCHIEF 5 months, 2 weeks ago

SPUWS does not give a crap about a balanced budget as long as he gets his welfare checks on time. I don't even think he knows what balanced budget is along with his almighty savior Obamanation

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Yukonjohn 5 months, 2 weeks ago

So, you are back upperwestside!! Please try and answer some of the questions that have been asked of you. I think you are going to find that no one even cares about your opinion of the President if you cannot or will not tell us how he plans on paying for all this spending. I am watching Tim Geitner on the TV as l type, and they sure sound like they have no plan.

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teufelhunden 5 months, 2 weeks ago

Mr.Heim, I have been reading these posts and it is pretty obvious that SPUWS is the hysterical one completely hell-bent on racism. Some people have to keep it going no matter what because it is their security blanket.

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JimHeim 5 months, 2 weeks ago

teufelhunden - I'm not sure why you're dragging me into this, but I agree with those who say that most Republicans are not racist but most racists are Republicans. It is the refusal of the GOP to disown these despicable cretins that helps tar their image.

I see the Republican Party shrinking into a southern regional party within the next couple of decades. It is rapidly becoming irrelevant in today's political world. It will not be missed.

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JimHeim 5 months, 2 weeks ago

TAP - I'm not the one who defined 'landslide.' It was Fox Noise which on several occasions predicted that Romney (remember him? Me neither) would win more than 300 electoral votes, making it a landslide.

Or maybe that only applies to white candidates.

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