Over the cliff we go!

Rep. Tom Cole, the deputy GOP whip in the House, said he expects the chamber to pass the Senate fiscal cliff bill tonight without adding a package of spending cuts
 
7:36 p.m. ET - CNN's Dana Bash says there's a growing feeling on Capitol Hill that the House will hold a vote on the Senate bill without adding any amendments. Her reporting confirms what Reps. Tom Cole and Tim Murphy told CNN below.
 
Just let the cuts happen, seriously.

How long do you think the deficit spending can last? Not ragging on yous, just seriously, do you ever expect revenues to match spending with a surplus for paying down 14+ trillion of debt without severe cuts?
 
Just let the cuts happen, seriously.

How long do you think the deficit spending can last? Not ragging on yous, just seriously, do you ever expect revenues to match spending with a surplus for paying down 14+ trillion of debt without severe cuts?
Cut military spending and reform welfare
 
Just let the cuts happen, seriously.

How long do you think the deficit spending can last? Not ragging on yous, just seriously, do you ever expect revenues to match spending with a surplus for paying down 14+ trillion of debt without severe cuts?

we've always grown our way out of debt, not cut our way out of it.

contractionary policy is shite and would kill a weak recovery like we're having.
 
all i said was that baddog didn't write the article, so no lies there. which makes you the liar. poor baby. don't commit suicide.
He posted this: "Lindsay Graham: I will destroy America's Solvency Unless The Social Security Retirement Age Is Raised" .............. A lie.
 
we've always grown our way out of debt, not cut our way out of it.

contractionary policy is shite and would kill a weak recovery like we're having.

That's been shown to be demonstratively false.

Gradual, targeted cuts havnt damaged our economy's growth, infact it's fairly stable and not much lower at all than other countries who havnt made the same cuts.
 
That's been shown to be demonstratively false.

Gradual, targeted cuts havnt damaged our economy's growth, infact it's fairly stable and not much lower at all than other countries who havnt made the same cuts.

surpluses_and_deficits_1940-2010.jpg
 
That's been shown to be demonstratively false.

Gradual, targeted cuts havnt damaged our economy's growth, infact it's fairly stable and not much lower at all than other countries who havnt made the same cuts.

we were in huge debt after WW1 and WW2, we had the roaring twenties and then the great middle class expansion.

we stacked mega debt under reagan and papa bush, then got back to surplus under clinton's boom economy.

we'll get back there again. some day. we just need romney to be president, then things will automatically be awesome, or so i'm told.
 
What the chart I posted doesnt show is the cost of the Iraq war. Since it was never a part of the budget until Obama came into office
 
we were in huge debt after WW1 and WW2, we had the roaring twenties and then the great middle class expansion.

we stacked mega debt under reagan and papa bush, then got back to surplus under clinton's boom economy.

we'll get back there again. some day. we just need romney to be president, then things will automatically be awesome, or so i'm told.
All those periods of surplus were before the War on Terror and before the US became almost entirely a service based economy.

What worked before wont necessarily work again, and this is an unprecendented period of economic turmoil.
 
All those periods of surplus were before the War on Terror and before the US became almost entirely a service based economy.

What worked before wont necessarily work again, and this is an unprecendented period of economic turmoil.

Seems to be working now. Unemployment is going down productivity up
 
All those periods of surplus were before the War on Terror and before the US became almost entirely a service based economy.

What worked before wont necessarily work again, and this is an unprecendented period of economic turmoil.

yeah, probably not a good idea to count us out, it's been a bad mistake historically to count us out.
 
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