To make this easier I have removed the Trillions (now dollars) and the like to simplify it.
You take in $2.00
You spend $3.60
So now when people are screaming at you to cut spending you say “ok I’ll promise that my ‘super committee’ will cut .15 cents a year (That’s a $1.50 over TEN years) if you let me spend another $1 NOW on top of what I am ALREADY spending.
I will gladly pay you .15 cents on Thursday if you loan me a dollar now.
Oh, you don’t want to?
Well, rich Uncle Warren can afford it. He has more than he needs so let’s force him to give it to me.
And that will solve everything.
It’s only “fair” He has more than me, or you, after all.
And what are you going to do with that dollar, young man, you might ask? Pay down your debts?
No. I’m going to spend it on my union buddies,entitlements, and government jobs so they can kick it back to me for my campaign just like I have done before.
So how is that going to create more jobs?
It will create government jobs (government jobs are paid for by whom exactly? — taxpayers! and unions make up how much of the actual workforce- 18%!!).
The Top 2% spend 1/3 of all the consumer cash in this country. They also pay the most taxes.
The Top 1% pay nearly 40% of all the income taxes.
47% of all American pay no income taxes AT ALL.
But the rich are the greedy bastards who have to be taken down by the Bolsheviks.
Mind you they create most of the actual jobs.
But they are evil, hoarding little bastards and we must take their money.
Not cut spending or pay down the debt. We need to give out more freebies to my apparatchiks and monetary drug dealers.
The number of households receiving food stamps swelled by 2 million to 13.6 million, meaning that nearly 1 in 8 receives the government aid.
But food stamps are an economic stimulus according to Obama Administration officials. So it’s all good.
In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage and buying fewer homes, often raising kids out of wedlock. They suffer from the highest unemployment since World War II and risk living in poverty more than others – nearly 1 in 5.
“We have a monster jobs problem, and young people are the biggest losers,” said Andrew Sum, an economist and director of the Center for Labor Market Studies at Northeastern University. He noted that for recent college grads now getting by with waitressing, bartending and odd jobs, they will have to compete with new graduates for entry-level career positions when the job market eventually does improve.
“Their really high levels of underemployment and unemployment will haunt young people for at least another decade,” Andrew Sum, an economist and director of the Center for Labor Market Studies at Northeastern University said.
In all, the employment-to-population ratio for all age groups from 2007-2010 dropped faster than for any similar period since the government began tracking the data in 1948. In the past year, 43 of the 50 largest U.S. metropolitan areas continued to post declines in employment, led by Charlotte, N.C., Jacksonville, Fla., Las Vegas, Phoenix, Los Angeles and Detroit, all cities experiencing a severe housing bust, budget deficits or meltdowns in industries such as banking or manufacturing.
Without work, young adults aren’t starting careers and lives in new cities, instead hanging out with their parents.
“Many young adults are essentially postponing adulthood and all of the family responsibilities and extra costs that go along with it,” said Mark Mather, an associate vice president at the private Population Reference Bureau. He described a shift toward a new U.S. norm – commonly seen in Europe – in which more people wait until their 30s to leave the parental nest. (AP)
And it’s “the rich”‘s fault don’t you know!. And Republicans “protect” the rich so vote for me (the Democrat) because the other guy’s an asshole!
If we just SPEND EVEN MORE and have even more government largess everything will eventually work out.
If you bang your head against the wall hard enough YOU WILL BREAK THE WALL!
The Wimpy President : Wimpy is soft-spoken, very intelligent, and well educated, but also cowardly, very lazy, overly parsimonious and utterly gluttonous. He is also something of a scam artist and, especially in the newspaper strip, can be notoriously underhanded at times.
“I’ll gladly pay you Tuesday for a hamburger today”
I’ll gladly cut $1.5 Trillion OVER TEN YEARS (most of which I won’t be the President for) if I can spend yet another Trillion Now!
And if you don’t let me “pass the bill now” you’re just an obstructionist protecting greedy rich people, and a violent tea-bagger racist! 🙂
New campaign ad for Obama in Spanish only, “In the face of Republicans, the President can’t do it alone. Read the plan. Stand together for more jobs.”
Welcome to Obamanomics. The Land of Opportunists and Apparatchiks!
As the U.S. government grapples to find ways to trim the bloated federal deficit, a new report suggests officials might start with cutting out $16 muffins and $10 cookies.
“We found the Department (of Justice) spent $16 on each of the 250 muffins served at an August 2009 legal conference in Washington,” said a DOJ Office of Inspector General report released on Tuesday.
The DOJ spent $121 million on conferences in fiscal 2008 and 2009, which exceeded its own spending limits and appeared to be extravagant and wasteful, according to the report that examined 10 conferences held during that period.
The review turned up the expensive muffins, which came from the Capital Hilton Hotel just blocks from the White House, as well as cookies and brownies that cost almost $10 each.
The department spent $32 per person on snacks of Cracker Jack, popcorn, and candy bars and coffee that cost $8.24 per cup at another conference, the report said.
The DOJ also spent nearly $600,000 for event planning services for five conferences, the document said.
A Justice Department spokeswoman said most of the gathering were held when there were no strict limits on food and beverage costs, adding the DOJ had taken steps since 2009 “to ensure that these problems do not occur again.”
Word of the agency’s extravagant spending drew a swift response from Capitol Hill.
Senator Chuck Grassley, the senior Republican on the Senate Judiciary Committee which has oversight of the Justice Department, said the report was a blueprint for the first cuts that should be made by the “super committee” searching for at least $1.2 trillion in savings.
“Sixteen dollar muffins and $600,000 for event planning services are what make Americans cynical about government and why they are demanding change,” Grassley said in a statement. “People are outraged, and rightly so.” (yahoo)
Let them Eat Cake! or in this case Muffins! 🙂