FIAF, 8000th edition

So, we learned a few things from those democrats, didn’t we. nudge, nudge, wink, wink, say no more.
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Meanwhile, in Washington

Inviting a shutdown sooner or later has looked to be the White House strategy since Mr. Obama unveiled his own budget in February that increased spending and dodged any serious budget reform. Our guess is that Mr. Obama’s political advisers have concluded that the lesson from Bill Clinton’s 1995 shutdown is that presidents win such showdowns. If they don’t believe this, why risk a shutdown over $7 billion and a few policy differences like funding for Planned Parenthood?

It’s about spending money we don’t have. The Republicans want to begin to stop it, the Democrats don’t. I say “begin”, because this budget battle is nothing. Some argue that that Republicans shouldn’t just get on with 2011, and save their battle for 2012.

But if they can’t win this one, this small, insignificant budget cut, what hope is there for any future cuts? Because, despite Ocean Cat’s instance the Cheney was right about deficits not mattering, that just isn’t so.

According to official government projections, the government will run $7 trillion of deficits over the next ten years. The debt, which has doubled over the last four years, will nearly double again by 2021.

As I said, those are official projections. They probably underestimate what the deficits will be. In other words, if the government could continue borrowing at its current rate, it would likely have to borrow even more than it is now projecting.

But even the official scenario is fantasy. The government will never borrow $7 trillion over the next ten years. In fact, unless the credit markets see a substantial change in America’s budgetary policy, the government may well not be able to borrow the $3.5 trillion it is currently projected to borrow over the next five years. Long before the ten years are up, and possibly before five years have passed, the government will no longer be able to finance its deficits.

The government can’t force anyone to lend it money. It has to access the credit markets and get money from financial institutions and individuals on the promise that it will repay the money with interest.

See Greece and Portugal.

So the current budget confrontation is not like the confrontations of the past. It is not a clash of political visions. It is a struggle between those who, like Rep. Paul Ryan, are willing to grapple with reality and those who are not.

At the head of the “non-reality” group, we have San-Fran Nan.

Case in point: see Huffoo – LINK WARNING HOTSPUR.

Second, the Democrats have to prevent the Republicans from using the false hysteria over debt and deficits to push through the laundry list of traditional far-right items the GOP budget contains (e.g. attacks on abortion, Planned Parenthood, NPR, etc.). (And make no mistake, the hysteria is false. If Republicans were truly concerned with the deficit, the party wouldn’t have insisted on the extension of the Bush tax cuts for the wealthy, which will cost the country more revenue than the amount of the spending cuts in the Republican budget proposal.)

False-hysteria over debt and deficits. Reading through that post and comments reveals the left to be so delusionally stupid, so saturated with leftest propaganda, there is no point in engaging with them.

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So, what is an “essential” worker? Who are these folks?

99 percent at Housing and Urban Development
∙ 89 percent at the Department of Education
∙ 75 percent at the Labor Department
∙ 72 percent at the Department of the Interior
∙ 67 percent at the Commerce Department
∙ 59 percent at the Small Business Administration

Are you thinking what I’m thinking?

Why do those jobs even exist? We certainly don’t need to spend $90 billion per year for an Education Department. Education is a local responsibility. Shipping money from states to Washington so Washington can scarf some money off the top and then ship the money back to states hasn’t helped educate kids. Test scores remain dismal. Republicans once talked about eliminating the entire department. But now even Paul Ryan’s proposal doesn’t do that.

John Stossel asks -is Michelle’s staff of 24 considered non-essential?

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The Obama presidency – women, and children the poor and elderly hardest hit.

Lower-income households are paying nearly a quarter of their income for energy costs. … Minority households are disproportionately impacted by higher energy costs. … Senior citizens living on fixed incomes are particularly vulnerable to energy price increases. Seniors have the highest per capita residential energy consumption among all age categories.

Obama told us this was his plan all along. We use too much of the world’s resources and the only way to limit that is to raise prices.

Well done, Obama. So few of your campaign promises have been kept, so count this on the “winning” side.

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On the serious side, Obama’s “mini-vacation” is threatened by the government shut-down. Horrors. It’s been weeks (two?) since he got away.

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One Comment on “FIAF, 8000th edition”

  1. Hotspur Says:

    Hahahhahaha

    ILU


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