Showing posts with label balanced budget. Show all posts
Showing posts with label balanced budget. Show all posts

Tuesday, July 26, 2011

One Hell of An Analogy for the Budget Debate

Courtesy of Henry Percy, excerpt from his article "The Budget Crisis Explained to a Nineteen Year Old."  Article found here at American Thinker.

Let's say you earn an even $100,000 per year, part of the 52% of Americans who pay taxes. You've got too much to qualify for food stamps or the Earned Income Tax Credit and other goodies, but you're not rich either, driving an old car, definitely no corporate jet waiting for you at the airport.

But wait, why are you driving an old car? Why not a BMW? You deserve it. And a Lexus for the missus? And a vacation in Hawaii? Cruise in Europe? You're wonderful, you deserve it all. Soon you're spending $150,000 per year. It's not hard, because you, not the bankers, set your own credit card limit.

After a couple years the missus gets nervous, says maybe, just maybe you should cut back. You're indignant: you have to have transportation, are you expected to drive an old clunker? And you need to relax; you'd be a nervous wreck without getaways to far-off places.

OK, you tell her, how about we cut back on our tips when we eat out? That'll save $10 per year. (This is the equivalent of eliminating the tax deduction for corporate jets, which was part of the Stimulus Bill and which Obama has hammered mercilessly, oh those fatcats in their private jets.)

The missus says that $10 is really, kinda, sorta insignificant compared to the $50,000 in new debt you're taking on every year. So at last you tell her you can embezzle $4,000 per year from your employer and cut your spending by $8,000, so you'll only slide $38,000 into the hole each year. You say all this with a great scowl, moaning about how hard it's going to be to reduce your standard of living so drastically. Then you tell her it was so much work calculating all those terrible cutbacks that you deserve a night out on the town to celebrate your newfound sobriety and prudence.

Thursday, July 21, 2011

Political Trivia: How Many Times Must a Question Be Answered For Chris Matthews to Finally Understand?

Ten?  A hundred?  A thousand?!? 

You got me. It's a trick question. Unless Chris Matthews likes your answer, (that is, unless your answer jives with the Obama administration's talking points) he'll just never, ever get it.

Take this clip from his show. It's a fantastic example of what I'm talking about. Here's the gist, but watch if you have ten minutes, as seeing Matthews get absolutley destroyed is well worth the time invested.

Matthews: "What is the GOP plan to cut budgets in the House bill?"
GOP Rep Walsh: "There are $111 billion in non-defense discretionary spending cuts that will be determined through bi-partisan negotion."
Matthews: "Yeah, Congressman, but there are no cuts in the bill."
Walsh: "Umm, there are $111 billion worth of cuts."
Matthews: "But Congressman, can you just answer the question, please? Where are the spending cuts?"
Walsh: "Look, you moron, there are $111 billion in cuts outlined in the bill! Your president may send thrills up your leg with his rhetoric, but I take issue with the indisputable, reprehensible lie he has told the American people in efforts to scare them into accepting his spendthrift agenda!  80% of America supports a balanced budget amendment. Most states have to live with one, and all households do.  It's something the American people understand, why can't you?"
Matthews:  "Yeah, yeah, Congressman.  But lemme ask you this.  Where are the cuts?"

They say you can't fix stupid.  And if that's true, Chris Matthews is truly FUBAR.

William Sullivan