What's So Good About It?

[Guest]

There's been lots of support expressed for the recently-released proposed budget by Paul Ryan. Loud support for his proposals are often accompanied for loud expressions of outrage and disgust for the President's proposed budget. Maybe an examination of both proposals might reveal the differences.
Both budgets achieve about the same tepid levels of deficit reductions.

Neither proposal suggests any real spending cuts to entitlement programs.

The Ryan budget "takes back" the defense spending cuts previously agreed to by the GOP as part of the agreement to form the super committee, actually increasing defense spending by $600 billion.

Both budgets address only the 12% of federal spending categorized as "discretionary domestic spending".

The Ryan plan achieves it's results primarily with cuts to social programs and education to fund further tax decreases and increased defense spending. The POTUS budget also decreases business taxation, but increases taxes on the wealthiest Americans. The POTUS budget also cuts discretionary spending, but less deeply than the Ryan plan.

Neither budget materially reduces the unsustainable rate of increase in the national debt.

So tell me, why are so many here so enthusiastic about the Ryan (GOP and Tea Party) proposal and denigrating of the POTUS plan? It seems to me that both proposals reflect what has always been he case--both political parties are responsible for the deteriorating state of our fiscal condition. Neither party appears willing to address real solutions.

I guess we're just playing a waiting game until he Chinese tell us what we'll have to do.

[Guest]

it only represents another opportunity to take sides VS getting at the real issue of striving toward a BALANCED BUDGET.

While we will never be able to know but I would bet the majority, by a whole lot, have no knowledge or understanding what it takes to balance a budget. And that remark goes double for the members of congress and many local and state governments.

btk

[Guest]

There's been lots of support expressed for the recently-released proposed budget by Paul Ryan. Loud support for his proposals are often accompanied for loud expressions of outrage and disgust for the President's proposed budget. Maybe an examination of both proposals might reveal the differences.
Both budgets achieve about the same tepid levels of deficit reductions.

Neither proposal suggests any real spending cuts to entitlement programs.

The Ryan budget "takes back" the defense spending cuts previously agreed to by the GOP as part of the agreement to form the super committee, actually increasing defense spending by $600 billion.

Both budgets address only the 12% of federal spending categorized as "discretionary domestic spending".

The Ryan plan achieves it's results primarily with cuts to social programs and education to fund further tax decreases and increased defense spending. The POTUS budget also decreases business taxation, but increases taxes on the wealthiest Americans. The POTUS budget also cuts discretionary spending, but less deeply than the Ryan plan.

Neither budget materially reduces the unsustainable rate of increase in the national debt.

So tell me, why are so many here so enthusiastic about the Ryan (GOP and Tea Party) proposal and denigrating of the POTUS plan? It seems to me that both proposals reflect what has always been he case--both political parties are responsible for the deteriorating state of our fiscal condition. Neither party appears willing to address real solutions.

I guess we're just playing a waiting game until he Chinese tell us what we'll have to do.

1, Obviously, based on the past three years, even the Democrats wont vote for ANY budget.....who needs a budget...just print more money.

2. I know you know this VK, whether you will admit it or not, but Ryans budget, albeit far from perfect, finally addresses those uncomforable issues that need to be addressed. As you have said many times over the years, we are heading to be another Greece without severe and hurting cuts. He had the nerve to actually address the never ending welfare state that we have begun.. It has already started in the states and will continue to get worse.

Somebody has to be a big boy adult and try to address what is happening here and begin conversation, but thus far, as expected..nothing but ridicule. You might hope for LEADERSHIP, but not only does it not exist in the WH but also in congress.

The day is coming when we need to address this and while you worshipers of this WH can rant and rave all you want....you will declare how another war has been declared..this will be the Republicans war on the poor of course (lots of wars arent there ?)...you will say how insensitive....but this President decided to ignore his own "blue ribbon" panel, and I agree with you VK (at least in your past life) that we are approaching the end of line financially. This budget gave an opportunity to address the REAL UNCOMFORTABLE facts, but......

[Guest]

1, Obviously, based on the past three years, even the Democrats wont vote for ANY budget.....who needs a budget...just print more money.

2. I know you know this VK, whether you will admit it or not, but Ryans budget, albeit far from perfect, finally addresses those uncomforable issues that need to be addressed. As you have said many times over the years, we are heading to be another Greece without severe and hurting cuts. He had the nerve to actually address the never ending welfare state that we have begun.. It has already started in the states and will continue to get worse.

Somebody has to be a big boy adult and try to address what is happening here and begin conversation, but thus far, as expected..nothing but ridicule. You might hope for LEADERSHIP, but not only does it not exist in the WH but also in congress.

The day is coming when we need to address this and while you worshipers of this WH can rant and rave all you want....you will declare how another war has been declared..this will be the Republicans war on the poor of course (lots of wars arent there ?)...you will say how insensitive....but this President decided to ignore his own "blue ribbon" panel, and I agree with you VK (at least in your past life) that we are approaching the end of line financially. This budget gave an opportunity to address the REAL UNCOMFORTABLE facts, but......

You don't have to explain the items, but can you just give a list of "those uncomfortable issues" which are not addressed in the President's budget, but are in Ryan's?

[Guest]

You sure are making the case for voting for President Barack Obama in November, Villages Kahuna.

I did find this from The Wall Street Journal that backs Paul Ryan's plan.
http://online.wsj.com/article/SB10001424052748704662604576256710691188194.html

I do not have the chops in finances, economics and math though to really argue on this topic with any credibility.

[Guest]

You sure are making the case for voting for President Barack Obama in November, Villages Kahuna.

I did find this from The Wall Street Journal that backs Paul Ryan's plan.
Review & Outlook: Paul Ryan and His Critics - WSJ.com (http://online.wsj.com/article/SB10001424052748704662604576256710691188194.html)

I do not have the chops in finances, economics and math though to really argue on this topic with any credibility.Well, as I've said several times before, I won't be voting for President Obama's re-election in November. The only question is whether I will vote at all. At this point, I think the GOP is zeroing in on a candidate who if elected could begin to bring the disparate ideologies in the Congress and the country together for the common good. But unfortunately, the terribly vicious and negative primary campaign may have damaged his chances fatally.

The WSJ article was pretty good, although imprecise when it comes to the numbers. But it did hit on what might be the major difference of political opinion--the GOP wants the free market to provide many of the services needed and wanted by our developed society, while the Democrats are more comfortable having many of those services provided under government control.

Personally, I think there's room for both approaches. In fact, based on the types of services desired and needed for the common good, some can only be provided by a central government. A major question that the public will have to answer for themselves is--how has the private sector acted and influenced our country, our economy and our lives in recent years? Is that result better or worse than it might have been with government provided or regulated benefits?

[Guest]

I 100% support do not vote for an incumbent.

Not voting in one way or another does create an advantage for one or the other candidate.

I personally believe Obama won the election because too many R's who did not like their choices and D's like wise.

I preach/tell my kids/grandkids/friends/whoever....the choices are such as they are. Forget partisan peer pressure....study the capability of both the candidates then pick one.

When all gets said and done folks will do what they feel they have to do to satisfy their own need(s), I am 100% not in support of any rationale for not voting.

btk

[Guest]

There's been lots of support expressed for the recently-released proposed budget by Paul Ryan. Loud support for his proposals are often accompanied for loud expressions of outrage and disgust for the President's proposed budget. Maybe an examination of both proposals might reveal the differences.
Both budgets achieve about the same tepid levels of deficit reductions.

Neither proposal suggests any real spending cuts to entitlement programs.

The Ryan budget "takes back" the defense spending cuts previously agreed to by the GOP as part of the agreement to form the super committee, actually increasing defense spending by $600 billion.

Both budgets address only the 12% of federal spending categorized as "discretionary domestic spending".

The Ryan plan achieves it's results primarily with cuts to social programs and education to fund further tax decreases and increased defense spending. The POTUS budget also decreases business taxation, but increases taxes on the wealthiest Americans. The POTUS budget also cuts discretionary spending, but less deeply than the Ryan plan.

Neither budget materially reduces the unsustainable rate of increase in the national debt.

So tell me, why are so many here so enthusiastic about the Ryan (GOP and Tea Party) proposal and denigrating of the POTUS plan? It seems to me that both proposals reflect what has always been he case--both political parties are responsible for the deteriorating state of our fiscal condition. Neither party appears willing to address real solutions.

I guess we're just playing a waiting game until he Chinese tell us what we'll have to do.



I happen to like Ryan's increase in military spending.

Otherwise, I have found that there have been so many things that Obama has said that turned out to be inaccurate, erroneous, or out and out lies. I do not trust anything our president says. Everything he says seems to be time limited and can change at any time.

I just do not trust the man.