
Government handouts exceeding taxes collected for the first time since the Great Depression.
Source: http://www.thefiscaltimes.com/Columns/2 ... ncome.aspx
We're truly in a pickle ...

stebo0728 wrote:Check out this graph:
Government handouts exceeding taxes collected for the first time since the Great Depression.
Source: http://www.thefiscaltimes.com/Columns/2 ... ncome.aspx
We're truly in a pickle ...
Are we actually doing anything in Libya anymore? If Iraq and Afghanistan only cost $608 million each, we'd be in a very different financial position.Cold_Zero wrote:608 million for Libya, last I checked (last week)
I wouldnt down play the importance of the Sub Prime Lending and the ensuing Liquidity crisis as to the reason why we have lost revenue. Especially, at the state and local levels. People who are on unemployement (casuality of the Liquidity crisis) or have lost their homes (and are now not paying property taxes), hurt a system that defined its revenue streams and spending on much higher levels.IBCoupe wrote:Here's what happened: Bush had some tax cuts, we lost revenue, and we didn't cut services to go with them.
EDIT:
Alternatively, we lost revenue because there was a recession, but people didn't need the services we were paying for before any less.
Cold_Zero wrote: Housing Bubble:
I just wanted to unpack that a little, so that people dont confuse our out of control spending at the Governmental Level as the sole reason for current Debt Crisis.
Mmmmm Pie! As long as your pie is not Humble Pie.heliochrome85 wrote:Cold_Zero wrote: Housing Bubble:
I just wanted to unpack that a little, so that people dont confuse our out of control spending at the Governmental Level as the sole reason for current Debt Crisis.
excuse me, but please keep your facts and truth out of my rhetoric pie.
Don't make assumptions - you could be way wrong.IBCoupe wrote:Dammit.
I still remember what I wrote:
Momma's little baby loves rhubarb, rhubarb
Bee-bobba-reebop, rhubarb pie!
It's an NPR thing; you wouldn't get it.
I am aware of that. It was still totally out of context - even the latest post still is, but I am choosing to leave this one in for now.srellim234 wrote:Specifically a Garrison Keillor thing.
If the postings cause the deviations to go completely off-line, then I will still choose to be tyrannosau ... er ... tyrannical in my assessment and remove them.heliochrome85 wrote:i could be wrong but i went back and reread the rules of the forum and i dont believe i saw any rules about staying on topic?
the only example of what can pass for justification for what you are doing is:
"This forum is a place for discussing current events, political situations and other issues that are not car related. It is your soap box for discussing these events and debating your position.
1) This forum is not for car questions, car pictures or other matters that are properly presented in the other NICO forums. "
EDIT:
i admit that some of it can be thrown into the general forum, but its not like i went and created a PIES OF THE WORLD thread and posted it here. If it happens to come up mid thread, and it keeps the forum lively, i dont see the harm in these posts. Without them, im fairly certain this place would die pretty quickly.
szh wrote:If the postings cause the deviations to go completely off-line, then I will still choose to be tyrannosau ... er ... tyrannical in my assessment and remove them.heliochrome85 wrote:i could be wrong but i went back and reread the rules of the forum and i dont believe i saw any rules about staying on topic?
the only example of what can pass for justification for what you are doing is:
"This forum is a place for discussing current events, political situations and other issues that are not car related. It is your soap box for discussing these events and debating your position.
1) This forum is not for car questions, car pictures or other matters that are properly presented in the other NICO forums. "
EDIT:
i admit that some of it can be thrown into the general forum, but its not like i went and created a PIES OF THE WORLD thread and posted it here. If it happens to come up mid thread, and it keeps the forum lively, i dont see the harm in these posts. Without them, im fairly certain this place would die pretty quickly.
If it bugs you ... tough. Deal with it.
Z
szh wrote: If the postings cause the deviations to go completely off-line, then I will still choose to be tyrannosau ... er ... tyrannical in my assessment and remove them.
If it bugs you ... tough. Deal with it.
Z
