It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: BMG on October 17, 2011, 03:10:16 PM

Title: Austerity Anyone?
Post by: BMG on October 17, 2011, 03:10:16 PM
Not if Obama and the democrats have anything to say about it! (http://www.hotair.com/archives/2011/10/17/an-age-of-austerity/)

Quote
While the media focuses on potential and actual staff reductions at that level, the data actually shows that 2010 state spending increased by almost 10% over the last two years, once federal grants got counted.  According to the survey, even states’ general-fund spending will increase this year by 5.2%.
Title: Re: Austerity Anyone?
Post by: LadyVirginia on October 17, 2011, 04:04:24 PM

same old, same old
Title: Re: Austerity Anyone?
Post by: Pandora on October 17, 2011, 04:04:45 PM
Of course, state spending increased .....

Quote
Notice that the only category that declined at all was Corrections — prisons and jails.  Thanks to the Porkulus bill and other state projects, transportation spending jumped significantly, as did public assistance and Medicaid (a predictable result of economic stress).  Higher education got a bigger increase than elementary and secondary education; perhaps someone can explain those priorities the next time Obama talks about elementary-school teachers and his jobs bill.  Neither increased as much as the “all other” category.

For all of that transportation spending, did the economy recover and did we embark on massive job creation?  No?  Then why are Democrats pushing another public-works and state bloc-grants bill as a jobs stimulus?  Maybe we should actually try an austerity plan that keeps capital out of the hands of bureaucrats and keep it in the hands of those who actually, you know, create jobs.  That would have the novelty of never having been tried, despite what Krugman and Bernstein claim.

Don't forget the unemployment bennies ........

40 million more people on "food assistance", for one thing, and these fools want us to believe spending was cut?!

Pfffft.  Fergit it..... I'm either singing to choir here - that'd be US -- or talking to myself - that'd be THEM.

I'm annoyed ......

eta:  Your link is "hhttp//" bad, BMG

http://hotair.com/archives/2011/10/17/an-age-of-austerity/ (http://hotair.com/archives/2011/10/17/an-age-of-austerity/)
Title: Re: Austerity Anyone?
Post by: BMG on October 17, 2011, 04:22:07 PM
Oops - sorry about the messed up Link. All fixed now!
Title: Re: Austerity Anyone?
Post by: Sectionhand on October 18, 2011, 03:44:07 AM
" Austerity " ? ... That requires a little pain and too much work . Just ask the Greeks !
Title: Re: Austerity Anyone?
Post by: Libertas on October 18, 2011, 07:02:31 AM
What austerity?

http://dailycaller.com/2011/10/17/reid-dems-will-pursue-35-billion-stimulus-in-obama-jobs-bill/ (http://dailycaller.com/2011/10/17/reid-dems-will-pursue-35-billion-stimulus-in-obama-jobs-bill/)

 ::cussing::

SSDD

Effing sick of it!

 ::rockets::
Title: Re: Austerity Anyone?
Post by: AlanS on October 18, 2011, 05:38:19 PM
What austerity?

http://dailycaller.com/2011/10/17/reid-dems-will-pursue-35-billion-stimulus-in-obama-jobs-bill/ (http://dailycaller.com/2011/10/17/reid-dems-will-pursue-35-billion-stimulus-in-obama-jobs-bill/)

 ::cussing::

SSDD

Effing sick of it!

 ::rockets::

Maybe the Dhimms need a dictionary. Nah. They'd just make up a definition to suit their taste.