tag:blogger.com,1999:blog-6616959642391988608.post4061766155573435480..comments2024-03-19T02:45:37.685-07:00Comments on Calafia Beach Pundit: A story of two spillsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-30541174319932784712010-06-17T13:42:44.917-07:002010-06-17T13:42:44.917-07:00"Our deficit problem has very little to do wi..."Our deficit problem has very little to do with wars."<br /><br />I find this a puzzling statement. <br /><br />"According to a Congressional Budget Office (CBO) report published in October 2007, the U.S. wars in Iraq and Afghanistan could cost taxpayers a total of $2.4 trillion dollars by 2017 when counting the huge interest costs because combat is being financed with borrowed Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64280809517782154352010-06-17T09:48:26.264-07:002010-06-17T09:48:26.264-07:00Scott, I do not imagine that the wars are our only...Scott, I do not imagine that the wars are our only, or even our biggest problem, but surely if we hadn't been bleeding out billions of dollars a month we would have been in somewhat better position... but I take your point. Sometimes I wonder what the IMF or World Bank would tell us we had to do if we were a Third World Country...<br /><br />I don't think the political will exists to dealDouglashttps://www.blogger.com/profile/17167327283573273716noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31756942783949123252010-06-17T09:10:41.094-07:002010-06-17T09:10:41.094-07:00Doug: our deficit problem has very little to do wi...Doug: our deficit problem has very little to do with wars. It's mostly the product of a relentless increase in government spending relative to the size of the economy, which in turn is mostly due to an expansion of entitlements. Well over half the budget is consumed by transfer payments. Worse still, entitlement spending is going to increase massively going forward if current law is not Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45036342006871307892010-06-17T08:47:59.840-07:002010-06-17T08:47:59.840-07:00Scott,
I guess that time will tell on all fronts....Scott,<br /><br />I guess that time will tell on all fronts. With some luck the relief wells will hit the target and kill the gusher by September. Then time will tell how bad the damage will actually be. I think I do understand the perilousness of the deficit, but I don't blame it all on the Dems and Obama. It seems that two ill-conceived wars (owned by both parties) didn't help much and Douglashttps://www.blogger.com/profile/17167327283573273716noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14375428992854444872010-06-17T08:19:37.117-07:002010-06-17T08:19:37.117-07:00Doug: may I submit that you need to spend more tim...Doug: may I submit that you need to spend more time in the economic and financial world to appreciate the monstrous scale of the deficit that Obama and the Dems are unleashing on the world.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33846335474773020502010-06-17T08:15:00.092-07:002010-06-17T08:15:00.092-07:00Douglas,
Though we may try, we can't all reac...Douglas,<br /><br />Though we may try, we can't all reach your plateau of sophistication and concern. <br /><br />You are truly an inspiration.Paulhttps://www.blogger.com/profile/06843411100678811292noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53585762848068697022010-06-17T05:43:55.809-07:002010-06-17T05:43:55.809-07:00This is a disturbing cartoon. But then that is all...This is a disturbing cartoon. But then that is all it is... a cartoon. What is happening in the Gulf of Mexico right now is so tragic that it is a kind of travesty to have it minimized in the way that this cartoon does for the goal of scoring political points.<br /><br />11 PEOPLE LOST THEIR LIVES, entire segments of the economic basis of the people of the Gulf Coast are in dire risk, entire Douglashttps://www.blogger.com/profile/17167327283573273716noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70269941570689398002010-06-16T18:27:52.121-07:002010-06-16T18:27:52.121-07:00I understand your point. However you have likely u...I understand your point. However you have likely understated the size of the 'spill' in the gulf. <br /><br />Those of you who are interested, you may find a map of the spill at:<br /><br />http://www.cnbc.com/id/36913967<br /><br />It is virtually in my lap right now.Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42990160008510141842010-06-16T17:57:13.596-07:002010-06-16T17:57:13.596-07:00True love really is blind. Your boyfriend has adde...True love really is blind. Your boyfriend has added 2.5 trillion to the debt in 500 days. Since Pelosi took over the Congress, annual spending has increased by around a trillion dollars.<br /><br />The progressive income tax is the main culprit for the geographical disparity. You already know this, hence your conspiracy theory the GOP is really the party of taxing the rich.Paulhttps://www.blogger.com/profile/06843411100678811292noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47124299636201749722010-06-16T17:52:44.851-07:002010-06-16T17:52:44.851-07:00That's a great picture!That's a great picture!W.E. Heasleyhttps://www.blogger.com/profile/00368333904571061995noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42393397409676394012010-06-16T16:18:44.218-07:002010-06-16T16:18:44.218-07:00An improvement of this cartoon would be to show, g...An improvement of this cartoon would be to show, geographically, where the money comes from and then goes--in other words, which states generate the red ink.<br /><br />The truth is that the Red States are aptly named.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com