I'm half Filipino and Irish, I get mistaken for a Mexican alot too.  Surprised you know tagalog and japanese instead of tagalog and spanish. 

I forgot 2 important aspects.  First the time it takes to be accepted for immigration should also be much shorter.  Hours instead of years.  Second is that alot more drugs should be legalized.  It will help alleviate many problems in Mexico.  Having such a poor neighbor isn't good for the US.  This will help reduce law enforcement and border patrol costs.

Originally posted by Sabiancym

 I see that largest budget items section and what is in the front?  Oh that's right.  The military.

 

End the wars, Cut the military by at least 30%, and we'll stop the bleeding.

You cut the military 100% and you'd still have a trillion dollar deficit this year.

Originally posted by Ekibiogami

Originally posted by Zindaihas

Originally posted by Sabiancym

 I see that largest budget items section and what is in the front?  Oh that's right.  The military.

 

End the wars, Cut the military by at least 30%, and we'll stop the bleeding.

 

Are you serious?  You just destroyed whatever credibility you ever had on this issue with that post.  60% of government spending goes towards entitlements and interest on the debt, 16% goes to defense spending.

So cutting 16% of the budget by 30%, which would leave us more vulnerable to our enemies, would cut the deficit down to, oh...maybe one and a half trillion dollars.

 

Yeah thats allways the funny part about Liberals. Don't Fix the Problem. Just make it last long enough so I dont gata worry about it. And they even have the Nerve to Complane that we arn't Moveing fast enough to "Save the planet, and feed the poor"

Kinda makes you wonder about funky liberal math doesn't it?

Originally posted by Aetius73

Originally posted by Sabiancym

 I see that largest budget items section and what is in the front?  Oh that's right.  The military.

 

End the wars, Cut the military by at least 30%, and we'll stop the bleeding.

 

You cut the military 100% and you'd still have a trillion dollar deficit this year.

You have to start somewhere.

Originally posted by Sabiancym

Originally posted by Aetius73

Originally posted by Sabiancym

 I see that largest budget items section and what is in the front?  Oh that's right.  The military.

 

End the wars, Cut the military by at least 30%, and we'll stop the bleeding.

 

You cut the military 100% and you'd still have a trillion dollar deficit this year.

 

You have to start somewhere.

Of course you would want to cut the only thing the constitution says we HAVE to pay for ..
 

I think education should be towards the top of things cut.  As far as federal departments, its one of the more useless considering public education is predominantly funded by the state.  Medicaid should be right below that.  Also you cannot forget The Department of Homeland security.

Originally posted by Cleffy

I'm half Filipino and Irish, I get mistaken for a Mexican alot too.  Surprised you know tagalog and japanese instead of tagalog and spanish. 

I forgot 2 important aspects.  First the time it takes to be accepted for immigration should also be much shorter.  Hours instead of years.  Second is that alot more drugs should be legalized.  It will help alleviate many problems in Mexico.  Having such a poor neighbor isn't good for the US.  This will help reduce law enforcement and border patrol costs.

My Spanish is catching up really fast though, because I can relate it to Tagalog.  Spanish is after all, kinda the base-root language. =)  The only reason my Japanese is so good, is because I lived there for about 9~10 years, over three tours with my family.

Salamat po!

The GDP for the US is 14 trillion. They have it listed as 9.9 trillion. I think we would be in a much larger problem if it really had dropped 4 trillion. Unless its year to date then nvm.

Originally posted by deviliscious

Originally posted by Sabiancym

Originally posted by Aetius73

Originally posted by Sabiancym

 I see that largest budget items section and what is in the front?  Oh that's right.  The military.

 

End the wars, Cut the military by at least 30%, and we'll stop the bleeding.

 

You cut the military 100% and you'd still have a trillion dollar deficit this year.

 

You have to start somewhere.

Of course you would want to cut the only thing the constitution says we HAVE to pay for ..
 

Where in the hell did I say cut the military completely?  The constitution says nothing about having the most expensive military in the world.  It says nothing about the military having to be a certain percentage of our GDP.

You're a flat out hypocrite if you support reducing spending but still want to waste as much money as we do on the military.

Originally posted by Sabiancym

Originally posted by deviliscious

Originally posted by Sabiancym

Originally posted by Aetius73

Originally posted by Sabiancym

 I see that largest budget items section and what is in the front?  Oh that's right.  The military.

 

End the wars, Cut the military by at least 30%, and we'll stop the bleeding.

 

You cut the military 100% and you'd still have a trillion dollar deficit this year.

 

You have to start somewhere.

Of course you would want to cut the only thing the constitution says we HAVE to pay for ..
 

 

Where in the hell did I say cut the military completely?  The constitution says nothing about having the most expensive military in the world.  It says nothing about the military having to be a certain percentage of our GDP.

 

You're a flat out hypocrite if you support reducing spending but still want to waste as much money as we do on the military.

The military is the only thing that we have to pay for , even if we cut everything else according to our constitution. Now, I did not say that we could not make cutbacks in our military spending, but we cannot  do any cutbacks that affect our troops currently at war.
 

Until we bring them ALL home, I oppose scale back, reducing their supplies. Once they are all home, sure cut it back, until then, I cannot support anything that puts american troops in danger. That is our family over there.

We can make cutbacks in " nationbuilding" strategy sure, since every dime we are spending in afghanistan on trying to help them is a waste, because the people there will destroy anything that reminds them of our presence there once we leave. The people there would rather starve than accept opur aid, so what is the point in throwing money away when they do not want our help, and have made it very clear.  Nation building has been proven ineffective in Afghanistan by everyone that has tried to go in before us. SO yea all the money we are currently pouring into that aspect needs to be sent to power up our forces, allow them to take out their target and then bring them home.

The idea that we need to stay in the region after doing so is the problem here, they are not allowing our troops to do their job. I say let them go in take out the bad guys and come home. The sooner the better.  We will not win this war if we try to convert them to" law abiding consumers" because we have nothing they want. They just want us to leave.

We are witnessing, I believe, the most fundamental economic transition in history since collapse of Bretton Woods in the 1960s and 1970s.  We have a tension between the export aims of Asia and the import (consumption) capacity of the USA.

It is in the interest of exporting nations to wean itself from the dollar as the world's reserve currency.  The system requires that for the world to accumulate dollars, the U.S.A. must run current account deficits.  When China developed its central economic plan to achieve growth through exports and stimulating demand by keeping its currency low, the U.S.A. in turn through monetary policy kept interest rates low to stimulate demand.  The system is breaking-down.

The worst outcome from this breakdown and transition would be another Smoot-Hawley tariff or import quotas or limits on capital flows.  I genuinely do not know what the solution is, but the artificial consumption and artificial abundance in the United States is over.  Americans will (must) adjust to reduced standards of livings and, even more, due to expansionist monetary policies, a weak currency.  Americans' consumptions will no longer be stimulated, in part by the inability to borrow more money to fund it.  It would require the USA's creditors (China, Brazil, Japan, Middle-East, etc.) to engage in loan forgiveness, and then banks to do its part to engage in loan forgiveness for consumers.  Consumers are way over-leveraged (house, student loans, car) and short-term programs (e.g., cash for clunkers) will not stimulate or sustain long-term demand/consumption.  The world, too, will adjust to a weak U.S. dollar.  The replacement for the dollar could be the IMF basket of currencies.  I look at China also, export-oriented economy, and its need for U.S. dollars has diminished.  It will continue to diminish as it diversifies its economy and finds other markets (Europe, Africa, Latin America, which is currently the biggest trader with China).  Northern American wealth is diminishing, while European and Latin American wealth is expanding.  China will, and should, target these markets (and China is).

The most important opportunity for the United States today is not to continue to fuel an artificial import/consumption capacity by allowing people and governments to borrow money backed by nothing (or the assumption that home values will always rise).  Instead, now is the hour.  No.  Now is too late.  Yesterday was the day to regenerate U.S.-led industries.  Rebuild the state-of-the-art factories.  Innovate.  Construct.  Build.  Experiment.  As an aside, e.g., the Chinese had a better stimulus package, which prohibited consumers from depositing money into the bank.  People tend to hoard cash and gold and things during an economic crisis.  Some stimulus is probably necessary, but let's be mindful that "cash-for-clunkers" and "8,000 housing credit" for new homes purchased in 09 are very (very) temporary.  RIGHT NOW, long-term, it looks bad.  Even more, North America is no longer the wealthiest region in the world (see The Boston Consulting Group study, "North America is no longer the world's richest region."  money.cnn.com/magazines/fortune/bestcompanies/2009/full_list/).  Consumers cannot emerge from this downturn by consuming more for varied reasons, many of which I alluded to (over-leveraged, benefits of consumption go abroad, etc.).  What is needed is innovation and entrepreneurship.  Americans are the world's biggest optimists:  the glass is not half full.  The glass is expanding, and that is not water.  It is a glass bearing gold.