My simple solution to the debt ceiling issue

[Freeper]

Shockingly it isn't tax the rich or **** the gop.

The Straight Story Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Jul-28-11 09:49 PM
Original message
My simple solution to the debt ceiling issue
   
Raise it. You will have a full year to introduce new legislation to cut spending, increase taxes, etc and so on before you have to vote on it again.

Why cram it all over a few weeks? Spend the next 12+ months to analyze, propose, etc your ideals to reduce debt and such.

We came into this century with a projected surplus - that is way gone. Don't try to fix it all this week - increase the ceiling and then actually work on the issues.

Simple.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1600593

Probably the least insane idea from a DUmmy. However what the DUmmy fails to realize that if it gets raised now, the dems will block every single spending cut, and in a year or less we will hit the debt ceiling again and 0bama will want to raise it again and continue spending.

Make7 Donating Member (1000+ posts) Click to send private message to this author Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Jul-28-11 09:57 PM
Response to Original message
1. The Treasury Secretary sent every member of Congress a letter about the debt ceiling on 1/6/11.
   
Edited on Thu Jul-28-11 09:57 PM by Make7
If it has taken them this long to get nothing accomplished, what would giving them more time do?
 
http://www.washingtonpost.com/wp-dyn/content/article/20...
 

Need I remind you, the GOP passed a bill in the house?

pnwmom Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Jul-28-11 10:03 PM
Response to Original message
3. We've had a full year to debate it already. In another year
   
we could once again be on the brink -- and with the election just a few months away. More time isn't what we need. More sane people is what we need.

Hopefully we will get more sane folks in 2012 and less dems.

Timbuk3 Donating Member (702 posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Jul-28-11 10:11 PM
Response to Original message
5. Problem is
   
...if they just raise it, the radically right wing GOP won't be able to hold a gun to the head of the American people over it.

"Give us your SS and Medicare savings or the old guy/granny/student/veteran gets it".

What needs to happen, but won't is Boehner needs to get more Democrats on board than Republicans, to shut the teabaggers down. It's better for him, it's better for all of us.

If SS checks don't go out, no one is to blame, but 0bama. Even if we can't borrow another dime, there is money to pay for SS.

[thundley4]

The credit rating agencies have said that raising the limit will not stop a drop in the US credit rating.  There have to be substantial cuts in an effort to stave off ever growing debt.

[USA4ME]

Hard to imagine that these fools can't figure out that there comes a point when the Nat'l Debt is so high that entitlements like SS and Medicare automatically go broke.  At that point, it's too late to say "Hey, maybe those entitlement programs weren't such a good idea."

I think for future countries the US Constitution will be a great model on which to build, but some Amendments that needs to be added would be a Balanced Budget, no gov't run social safety net, and a flat tax of around 10-15%.  Otherwise they'll go down the hole just like we're seemingly headed.

.

[vadawg]

i figure its like the way DUmmies look at dieting, if they cant get the concept of less calories in than out equals weight loss then i doubt they can understand the equally confusing less monies in than out equals default.