What's So Hard to Understand?

[XLFD]

A perfect analogy for the current 'budget battles' in the US Congress was coined by Gary Johnson recently:

 

"Imagine: You make $60,000 a year; you are spending $100,000 per year. You sit down with your banker, a credit counselor, or heaven forbid, a Bankruptcy Judge to find a way out of your obvious problem. You begin the conversation by saying you know you have to cut your spending, but you and your wife can’t agree on how to do it. You want to cut $2,000, but she only wants to cut $1,000. Never mind the fact that you don’t have a $1,000 or $2,000 problem – you have a $40,000 problem."

We know what eventually happens to such a family that lives so far beyond its means, with no realistic financial discipline shown by either of the married parties. Why would anyone expect the country to fare any different.

We are facing a financial collapse under the weight of more than a trillion dollars in deficit spending, and Washington is pretending to wage a budget battle royale over whether to cut spending by 1% or 2%.

By any reasonable math, they need to be fighting over whether to cut 40% or 45%. That is the debate the American people wanted when they turned Congress on end in last fall’s election – and that is the conversation we need to be having.

[J.B]

Mason   fuel and food is getting to the point of overpriced and no one can afford them.    Hope they go down in price soon.    LOL

[easymoney]

don't look to see fuel go down, the saudies have anounced they are cutting back on production do to an abundance of oil on the market. The increase in price is do to speculation. If they were to pass a law regarding speculation, meaning, when you bid, you also have to take delivery, not bid at one price just to be able to sell when it gets higher.Also, the weak american dollar.

Hey, was just thinking of these big political donors. What would happen to them if a law were passed to tax all political donations.I could be wrong, but, I believe they are tax deductable???

[J.B]

Easy make me think of good ole Jimmy.    They put up a boycot in the 70's and we was only dependent on 20% of OPEC oil  Now we depend on 70%.     How come they havent blamed BUSH.   Go green   (BULL)  not MSU

[masonco]

Did anyone see that the millionaires pay less than 1% taxes and many of them pay no taxes?

[Willy]

Masonco

Where did you see this information?