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By the way, the 2012 U.S. budget fiscal year starts Oct. 1, 2011 and ends Sept. 30, 2012.
The House (Congress controlled by the Republicans since January) passed a budget for the 2012 fiscal year quite some time ago. It is stuck in the Dem. controlled Senate. And.....the Senate has not yet considered a budget of their own.
I don't want the Dems in charge of my economy, do you?
I'll bet the dog ate their budget - ya think? |
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When asked about this, Harry Reid and Dick Durbin replied (almost in unison): "Budget,.....Budget,.......We don't need no stinkin' budget!" |
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I am no economist, here so am I missing something? If we devalue the dollar, yes our debt will become less, but then so won't our assets? If we decrease our debt then your 401k's become less, the value of your home becomes less you are worth LESS. How does that help our economy? Corporations won't bring jobs back into the U.S. because their assets are now worth less and they don't have the money to bring them back. How can you devalue our debt and not our assets? I'm not sure that can be done. So I ask (again rhetorically as I never get an answer from you) how does that help our debt when our assets decline exponentially (the same 20 - 30%). Please enlighten me. I am not sure your simple solution is really all that simple or sound.
I am still waiting to be enlightened. Republican? Anybody? Seriously, someone please explain this to me.
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"I am still waiting to be enlightened. Republican? Anybody? Seriously, someone please explain this to me." As you stated, you never get an answer from 'republican' and I doubt that you will. He is full of inflammatory statements - among other things - but nothing to back up his bull. If fixing the economy were that simple, even the simpletons that are claiming to be financial advisors in this admin would have suggested/done that. I think that BB had him tagged correctly as a smarta$$ in a bowtie. |
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