Where is the US economy headed?

@H2O MAN,

the economy is fundamentally broken, fiddling with tax rate will not change this. besides, capitalism will always punish societies who have governments which dont function and compensate by constantly putting out fires on an emergency ad-hoc basis. NOBODY in Washington is pushing for fixing Washington nor talking about the economic price for not fixing it.

1 Reply

What is your take on the details of Obama's budget? He seems to have made everyone unhappy.

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@realjohnboy,

realjohnboy wrote:

What is your take on the details of Obama's budget? He seems to have made everyone unhappy.

it does nothing to either get the government out of controlling markets or does it repudiate market capitalism.... it is useless. the day were we could save ourselves by trimming the sails a bit like this budget does were gone a long time ago ...the system has lost all credibility has have our leaders.

far too little and far too late. the product of either a small mind or one that does not want to do the work of fixing the USA.

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@hawkeye10,

the message here is "we are I know 5 years into marshal law but the measures must continue because of the emergency".

the ways things are is not a temporary aberration, it is how they are. some honesty would be nice.

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@hawkeye10,

hawk, Somebody gave you a thumb's down on your opinion, but I agree that government(s) are broken, and not interested in fixing the issues that needs fixing. Look at our tax code. Over 71,000 pages long, and no two accountants can arrive at the same tax liability for a somewhat complex return.

Now, how long has that been broken? A reflection of how Washington is broken.

There are simple fixes, but all Washington does is keep adding amendments until nobody understands how to apply the code consistently.

I gave you a thumb's up on this one!

1 Reply

@cicerone imposter,

Quote:

In short, neither Mr. Obama’s plan nor the GOP’s fully comes to grips with the hard choices facing the country. That task may have to await new leaders.

In the here and now, however, the question is how to get the most debt reduction possible, in the most constructive way, within existing political realities. In that framework, Mr. Obama has offered a plausible, responsible road map. Now the Republicans face a choice: Declare the president’s budget dead on arrival, as their partisan interest might suggest, or consider it an invitation to bargain and to govern, as the national interest requires.

http://www.washingtonpost.com/opinions/obamas-2014-budget-is-an-offer-to-negotiate/2013/04/10/b70852dc-a208-11e2-be47-b44febada3a8_story.html?hpid=z3

in short this budget does not address the breakdown in faith in this economy or in our leaders.

rearranging deckchairs on the Titanic.

1 Reply

@realjohnboy,

realjohnboy wrote:

details of Obama's budget?

Worthless.

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@hawkeye10,

I like that!

Quote:

rearranging deckchairs on the Titanic.

BTW, did you know that an Australian billionaire is building a new Titanic?

1 Reply

@cicerone imposter,

cicerone imposter wrote:

I like that!
Quote:
rearranging deckchairs on the Titanic.

That's a Herman Cain quote.

1 Reply

@H2O MAN,

H2O MAN wrote:

cicerone imposter wrote:

I like that!
Quote:
rearranging deckchairs on the Titanic.

That's a Herman Cain quote.

Bollocks.

Quote:

The origin of the most famous expression from the most infamous shipwreck in history is not quite clear. It may not have been first used until half a century after the disaster itself.

Linguists say the expression first appeared in the late 1960s: Etymologist Michael Quinlon found an early use of the phrase in a December 1969 issue of Time magazine, in an article about reforms in the Catholic church:

http://usatoday30.usatoday.com/news/nation/story/2012-04-07/titanic-rearrange-deck-chairs/54084648/1

Long before Herman Cain stumbled across it. This is a genuine Herman Cain quotation.

"OK, Libya. [pause] President Obama supported the uprising, correct? President Obama called for the removal of Gadhafi. I just wanted to make sure we're talking about the same thing before I say, 'Yes, I agreed' or 'No I didn't agree.' I do not agree with the way he handled it for the following reason — nope, that's a different one. [pause] I gotta go back and see. I got all this stuff twirling around in my head. Specifically, what are you asking me that I agree or not disagree with Obama?"

Note the difference?

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@izzythepush,

Bollocks.

Herman Cain uses the phrase to describe the US economy and what politicians are doing to fix it and he's been using it for quite some time.

Izzy, the topic here is the US economy... try and stay on topic.

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So Herman Cain is a plagiarist?

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we have been told for 30 years that the government has promised more than it can deliver....the small changes in this budget would have been perfect had we seen them in 1983. instead what we got was 30 years of assumptions that growth would solve the problem and cooked books as the fiscal problems grew. sure, in theory if the economy grew enough then the government skim might have kept up with the promises, but that was never likely to happen. it is past time for a new plan, and neither the D's or the R's have one.

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@izzythepush,

Not to worry; watersquirt rarely gets anything right! When he does, it's only an accident. Mr. Green

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@H2O MAN,

It's not a Cain quotation if he didn't coin it.

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@izzythepush,

Jizz, you really need to get a life.
Coined? nobody claimed Cain coined it!

He has been quoted using it though and that's what counts.

1 Reply

@H2O MAN,

From Answers.Google.

Quote:

'"Administrators [at Lincoln Center] are running around straightening
out deck chairs while the Titanic goes down." N.Y. Times, 15 May
1972, p. 34'

Where is the US economy headed?

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