Monday May 28, 2012

JAPAN NEWS AND DISCUSSION

Obama official says new budget won't be pain-free

World Feb. 14, 2011 - 06:25AM JST ( 12 )

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12 Comments

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SargeFeb. 14, 2011 - 08:41AM JST

"an unprecedented flood of red ink"

This is the fault of Bush, Cheney, Rumsfeld and the rest of the Republicans.
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sf2kFeb. 14, 2011 - 09:22AM JST

Reading this is seems to me Republicans are just giddy that gullible Americans voted them back in so early after decimating the country for eight years and all the times since Reagan they have been in power. Why should facts get in the way of a pinning it all on Obama?

The country is a sham of its former self. With all its oil interests dropping because of the increasing rise of Arabian Democracy, I suspect that with Obama gone in the next election, the Republican President will get back to supporting whichever dictator who can secure supplies rather than just reduce oil use and use local innovation with decreased pollution.
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manfromamericaFeb. 14, 2011 - 11:21AM JST

the Republican President will get back to supporting whichever dictator who can secure supplies

I hope so!!
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skipthesongFeb. 14, 2011 - 04:21PM JST

the Republican President will get back to supporting whichever dictator who can secure supplies rather than just reduce oil use" Number 1, Obama's admin supports Castro Number 2, Obama has only made oil harder to get, he has not made it easier for American companies to get on the non-oil energy band wagon. He has however made it easier for non-American companies to produce and sell alternative energy products in the US though.
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GJDailleultFeb. 14, 2011 - 05:20PM JST

Both parties are so far detached from reality, either because they are stupid or they are paid to be stupid, that it has become a complete joke. The amounts of money they are talking about are trivial compared to the size of the total economic problem. But as long as the sham of socialized pain continues, and the people who lost the money don't have to lose the money, and those who screwed up the system can get away pretending they didn't, then things are just going to get worse and worse.
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SolidariTeaFeb. 14, 2011 - 06:03PM JST

With all its oil interests dropping because of the increasing rise of Arabian Democracy,

Are you talking Iraq - where US companies didn't even bid - or Egypt, which has no oil and no democracy to speak of.
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SushiSake3Feb. 14, 2011 - 08:27PM JST

The deficit wouldn't be anywhere near as bad if the debt-loving conservative politicians and their Right Wing supporters hadn't so lovingly embraced the plan to lavish $700 billion more on the rich folk who are voraciously screwing the very conservatives who want them to pay even less taxes by opposing the Dem plan to let all of the bush tax cuts expire.
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SolidariTeaFeb. 14, 2011 - 08:35PM JST

the Dem plan to let all of the bush tax cuts expire.

Don't you remember? Obama forfeited the presidential podium to CLinton back in december, so Billy Jeff could tell the nation that both Bush's predecessor and his successor suppported an extension of the so-called Bush tax cuts. The US already has the most progressive tax code in the world.(recent OECD verdict, not yours truly.)That doesnt stop Obama from resorting to class war rhetoric, but that is how he was indoctrinated..

The plan to lavish $700 billion more on the rich folk who are voraciously screwing the very conservatives

This is some fanciful nonsense. can you even begin to explain what u mean? How does keeping what u earn amount to screwing strangers???
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donkusaiFeb. 14, 2011 - 09:30PM JST

Both parties are so far detached from reality, either because they are stupid or they are paid to be stupid, that it has become a complete joke.

Couldn't agree more. Unfortunately, the detachment from reality often extends to a fair percentage of each group's supporters, and thus the stupidity continues in an ever falling spiral downward.
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SushiSake3Feb. 15, 2011 - 01:22AM JST

Nothing like allowing the mega rich to force the impoverished to pay for their tax cuts.
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ca1ic0catFeb. 15, 2011 - 02:42AM JST

parties are so far detached from reality, either because they are stupid or they are paid to be stupid,...

They are being paid to be stupid all right. It's called bribes but under the name of "campaign finance," getting uncle Bob that nice job, etc.

Tough to think that when Clinton left office the budget was in good shape. Bush reduced the tax base while fighting an unfunded war. The result was a similar problem to what LBJ ran into with Vietnam and the "Great Society." With the US already so far in debt the GAO is warning of economic crisis simply due to the size of the debt. I'm not sure that the US can afford to spend it's way out of this recession. The US is in hock paying for the exaulted lifestyle that was based on debt. Time to cut back.
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Taka313Feb. 15, 2011 - 05:36AM JST

Better hope you have a job with great job security when this budget comes out.

Taka