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So who is "fiscally Conservative"?

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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 08:43 PM
Original message
So who is "fiscally Conservative"?
The Paul Ryan plan proposes an increase in the debt limit for the next 30 years. The Progressive caucus "Peoples budget" will start reducing the national debt after 10 years.

Why is Ryan not being properly challenged on fiscal irresponsibility?
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 08:47 PM
Response to Original message
1. Too obvious for the beltway boys. . Their eyes don't work like that.
If something doesn't fit the preconceived narrative, it doesn't exist.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 08:53 PM
Response to Original message
2. neither one
We don't have 30 years. And we don't have 10 years.

In fact, we may not have 10 days left on the national credit card - China just announced it's going to dump nearly $2T of Treasuries. Japan is becoming a net seller as well due to its need to raise cash to rebuild from the tsunami.

The race to get out of the US dollar is underway. We're rushing headlong into a forced choice, either cut the federal government by 40% or more, or watch the currency, and the standard of living in this country, be utterly destroyed.
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OmahaBlueDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 08:56 PM
Response to Reply #2
3. It doesn't necessarily have to be cut the government by 40%
We could, for example cut by 20% and hit up the wealthiest 5% for the other 20.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 09:07 PM
Response to Reply #3
7. Good luck collecting
How you going to get hundreds of billions out of people who own the government? Never going to happen, not until we get top-to-bottom political reform and fully clean house of the epidemic corruption.
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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 08:57 PM
Response to Reply #2
5. International markets will accept
a serious debt reduction plan and the only one to offer that came out of the progressive caucus.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 09:05 PM
Response to Reply #5
6. LOL
There's no serious debt reduction plan. There's not even a serious deficit reduction plan. 10 years? Gimme a break. In 10 years the world will be as different from today as today is different from 2001 (probably more so), and everyone will have forgotten about today's plans entirely.

These long-range plans are the functional equivalent of refusing to address the problem at all. The only plans worth considering are the ones that cover the time from now until the next Congressional session, as the winners of that election will not only be able, but will be entitled, to change the plan to suit the current circumstances they face at that time, as directed by the will of the people.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 08:56 PM
Response to Original message
4. Ryan's plan ts the wish list for the elites
They dont care about fiscal responsibility, they care only about increasing their net worth, no matter the cost to the country.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 09:22 PM
Response to Original message
8. The Progressive Caucus has a real plan that ends the deficit
in ten years. Yes, it reflects Progressive Values but
it gets rid of the deficit.

M Miller,worked in OMB under Pres. Clinton says it
is authentic--the numbers add up. Neither Ryan or
Obama plan does as well. Ryan's Plan increases Deficit.

Keep the message alive.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 09:39 PM
Response to Original message
9. The average American is, cuz we can't afford to piss our money away.
Edited on Sun Apr-24-11 09:41 PM by valerief
Challenge Republicans? That hasn't been done in thirty years.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 11:05 PM
Response to Original message
10. I'm for balancing the budget through taxes on the rich and a vat tax. We have a vat tax in Canada
and it solved our debt problem in the 1990s.
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