Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

On Whose Back Will The Deficit Be Cut?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
 
MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 03:26 PM
Original message
Poll question: On Whose Back Will The Deficit Be Cut?
Yesterday, President Obama said:

"You know, our first job was to get the economy to recover; and, we're now seeing that... I think it is important though to recognize that if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the US economy in a way that could actually lead to a double-dip recession."

White House Budget Director Peter Orszag says:

"We recognize that the projected medium-term deficits are too high, and as part of the FY 2011 budget process, we are committed to bringing them down."

On whose back (primarily) will the deficit be cut?

Sorry, polls are turned off at Level 3.

Printer Friendly | Permalink |  | Top
Journeyman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 03:29 PM
Response to Original message
1. Other: All those without a voice that can be heard in the corridors of power. . .
Printer Friendly | Permalink |  | Top
 
Raster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 03:34 PM
Response to Reply #1
3. This is the post I want to recommend!

Truth!

Printer Friendly | Permalink |  | Top
 
WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 03:32 PM
Response to Original message
2. My guess is that he will take a Clintonesque approach to cutting the deficit.
Which will include taxing higher incomes.
Printer Friendly | Permalink |  | Top
 
depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 03:38 PM
Response to Original message
4. Since the administration has thus far refused to accept a financial transfer tax
I think it's fair to assume that it won't be Wall Street (even though the caused a large portion of the problem- and that such a tax would discourage destructive speculation).
Printer Friendly | Permalink |  | Top
 
MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 03:44 PM
Response to Original message
5. Now Why Would This Be Unreced?
Is thinking now a crime?
Printer Friendly | Permalink |  | Top
 
Guy Whitey Corngood Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 04:53 PM
Response to Reply #5
8. Insecurity and paranoia is my guess (answer to your 1st question). nt
Printer Friendly | Permalink |  | Top
 
tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 04:24 PM
Response to Original message
6. Here's a video of the senate deliberations that shows how it will go down
Printer Friendly | Permalink |  | Top
 
Feron Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 04:28 PM
Response to Reply #6
7. So very true. nt
Printer Friendly | Permalink |  | Top
 
quaker bill Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 06:04 PM
Response to Original message
9. The relatively wealthy
and defense contractors. The defense budget is the biggest pot of discretionary money left. It will be tapped. Even a large cut, in the 100s of billions, would still leave us with the largest defense budget on the planet. Lots of room there, we just need to end the wars, begin closing bases, and bring the troops home. There is no good and valuable purpose to having 800 bases scattered all over the planet. We need the money here.
Printer Friendly | Permalink |  | Top
 
C_Lawyer09 Donating Member (690 posts) Send PM | Profile | Ignore Thu Nov-19-09 07:02 PM
Response to Original message
10. Are you kidding?
The deficit will not be cut, and its already been acknowledged that the DOD budget will expand by about 25%, CIA budget is still black, we won't be out of Afghanistan, in fact we might be somewhere else in addition to the 720 posts in 130 countries. We're goint to add some kind of healthcare bill, and we still haven't realized the inflation we soon will. This isn't considering supplementals, the two percent fudge factor already allowed, the earmarks(though comparitively small potatoes)and the money that it will take in attempting to address the next weather/climate caused catastrophe.
Printer Friendly | Permalink |  | Top
 
timeforpeace Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 07:59 PM
Response to Original message
11. Gosh, that IS a toughie. But of course, he said no middle class tax increases. Another fib?
Printer Friendly | Permalink |  | Top
 
cigsandcoffee Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-19-09 09:13 PM
Response to Original message
12. It seems like they're trying to do it on the backs of smokers.
Demonize them, and then fleece them.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Dec 26th 2014, 09:14 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC