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$3.8 trillion budget


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  #1  
Old 02-02-2010, 10:13 AM
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Default $3.8 trillion budget


That's $3,800,000,000,000.00
That's $1,090,000.00 per person in the United States - population 350,000,000 (350 million)

How will this be covered? Why with a $1.1 trillion tax increase! - $3,142,000.00 per person

But remember, no families earning under $250,000.00 per year will see a dime's worth of tax increase.

The numbers just don't add up!

Government efficiency must be the answer. Let's see What has been done in the last year?

Cash for Clunkers - up to $4,500.00 per car
This program cost the taxpayers $24,000.00 per car
Up to $4,500.00 per car and $19,500.00 in "administrative" costs! (5.33 times the cost of the credit)

New home purchase credit - Up to $8,000.00 per home.
This program costs the taxpayers $41,000.00 per home
Up to $8,000.00 per home and $33,000.00 in "administrative" costs! (3.18 times the cost of the credit)

Eructation - Pell Grants
$17.5 billion to cover an additional 1,000,000 students
That's $17,500.00 per grant (maximum $8,000.00

Does anyone see a pattern developing here? Like a 500% (administrative) cost overrun on all government programs.

What will this budget do to this? http://www.usdebtclock.org/

These people are accountable, but only at the ballot box!

Let your representatives know that a vote for this program to make government bigger is a vote for their removal.

Maybe it's time to embrace the Chicago plan for political expediency! "Vote early, and vote often"

Steve
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Old 02-02-2010, 10:23 AM
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Do you think we will ever see a government employee paycut of 10% or more across the board?
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Old 02-02-2010, 10:31 AM
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Default 10% across the board cut

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Do you think we will ever see a government employee paycut of 10% or more across the board?
Sure! It will happen just before California falls into the Pacific.

Steve
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Old 02-02-2010, 11:10 AM
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I was reading an article before on how this larger deficit will impact the United State's influence throughout the world.

I don't know how we can basically spend ourselves out of a recession. It seems like that is what is being attempted.
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Old 02-02-2010, 11:38 AM
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People voted change. They sure got change. I keep hearing the liberals say they inherited this financial mess from Bush. This is true to a point. I thought Bush spent like crazy for a so called conservative however Obama's budget of 1.56 trillion is over 3 times of Bush's last budget.

I think they could have given each tax payer a voucher for $10,000 to purchase durable goods and this economy would be booming out of this recession with people hiring and the government would be way ahead fiscally as well.
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Old 02-02-2010, 01:06 PM
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Quote:
Originally Posted by swstout View Post
That's $3,800,000,000,000.00
That's $1,090,000.00 per person in the United States - population 350,000,000 (350 million)

How will this be covered? Why with a $1.1 trillion tax increase! - $3,142,000.00 per person

But remember, no families earning under $250,000.00 per year will see a dime's worth of tax increase.

The numbers just don't add up!
[/size]
If I am correct, some how this math is wrong. I did the math and according to my math, each citizen's share of the 3.8 trillion is $10,857.1428571428571, just under $11,000 per person. But that is just for the current budget.

As far as the debt clock, I was curious where we stand compared to when I posted the debt clock back on December 6. I decided to look for the post on my forum since I figured it would be easier to find than on here. So I found that our debt, per citizen, on December 6 2009 was $39,220 but today it is $40,038, over $800 more in less than 2 months. That is over $400 per MONTH, per citizen!!!! I can not afford an additional $400 per month payment... Also, the "per taxpayer" debt is $113,083...

Yesterday I was listening to a Christian talk show when they said that we, as a nation (with the federal proposed budget, will be overspending by something like $43,000 or $45,000 PER SECOND!! This is not per minute, per hour, or per day, but per second!!! This is ridiculous and unacceptable. I couldn't do that with my personal finances and get by with it very long.....
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Old 02-02-2010, 01:48 PM
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Default My mistake

Quote:
Originally Posted by SuperiorPower View Post
If I am correct, some how this math is wrong. I did the math and according to my math, each citizen's share of the 3.8 trillion is $10,857.1428571428571, just under $11,000 per person. But that is just for the current budget.

As far as the debt clock, I was curious where we stand compared to when I posted the debt clock back on December 6. I decided to look for the post on my forum since I figured it would be easier to find than on here. So I found that our debt, per citizen, on December 6 2009 was $39,220 but today it is $40,038, over $800 more in less than 2 months. That is over $400 per MONTH, per citizen!!!! I can not afford an additional $400 per month payment... Also, the "per taxpayer" debt is $113,083...

Yesterday I was listening to a Christian talk show when they said that we, as a nation (with the federal proposed budget, will be overspending by something like $43,000 or $45,000 PER SECOND!! This is not per minute, per hour, or per day, but per second!!! This is ridiculous and unacceptable. I couldn't do that with my personal finances and get by with it very long.....
My mistake. I missed 3 zero's in my canceling out.

The point is, we can't spend our way out of a recession, We have to GROW out of it. Growth is left out of this plan BY Design!

Steve
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Old 02-02-2010, 02:01 PM
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The point is, we can't spend our way out of a recession, We have to GROW out of it. Growth is left out of this plan BY Design!

Steve
How true. You know, the politicians we have in right now are some of the most selfish people I have ever seen. All they care about is padding their own pockets and our children will have to pay the tab....

After I posted the last time I got this in email. I think you all might like it: Is our Government being responsible?
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Old 02-02-2010, 03:32 PM
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Default The list goes on and on

Quote:
Originally Posted by SuperiorPower View Post
How true. You know, the politicians we have in right now are some of the most selfish people I have ever seen. All they care about is padding their own pockets and our children will have to pay the tab....

After I posted the last time I got this in email. I think you all might like it: Is our Government being responsible?
The list goes on and on

Administration on Aging (AoA)
Administration on Developmental Disabilities
Agricultural Marketing Service
Agricultural Research Service
Agriculture Department (USDA)
AMTRAK (National Railroad Passenger Corporation)
Bankruptcy Courts
Federal judicial districts handle bankruptcy matters in bankruptcy court. Bankruptcy cases cannot be filed in state court.
Bureau of Citizenship and Immigration Services (DHS)
Bureau of Industry and Security (formerly the Bureau of Export Administration)
Bureau of Public Debt I just love this one
Centers for Medicare & Medicaid Services (formerly the Health Care Financing Administration)
Citizenship and Immigration Services Bureau (formerly Immigration and Naturalization Service)
Commerce Department
Congressional Budget Office (CBO)
Constitution Center

These are just some of the 556 US Government Departments and Aencies. Wonder how these are doing? How they actually help the American People.

Steve
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Old 02-03-2010, 05:43 AM
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Will inflation ultimately be the answer? If the government keeps printing money, the value of it is less and therefor the debt is less?

Do you think this will be the way it goes?
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