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Old 08-03-2012, 07:47 AM   #15
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Join Date: Jan 2003
Location: Rocket City
Posts: 1,163
My Ride: 325Ci, e36 325is
I started absorbing the budget recently. Has anyone given this thought? It actuals seems straight foward that we are complete idiots, but there has to be more methodology to Congress' madness.

If you look at the budget, our Mandatory spending (SS, medicare, medicaid, interest on the debt etc....) is 2.4 Trillion. Our tax receipts are 2.6 Trillion. We barely cover our entitlements and interest on debt with taxes, and have nothing left over to pay for the actual "government". Does anyone else see this as a complete out-of-control way to budget our government?

Am I looking at this too simplistically? That is why I say that neither the president (ANY president, current or past) and Congress aren't really serious about balancing the budget. No one wants to go through the pain of doing it (and it will be painful, from rich people down to poor people, there is no way to cure this without having everyone pay more and everyone take less).

This is why I laugh at "relative politics" where, Obama for instance, talks about "reducing th deficit over 10 years" (Bush said the same, and they are long gone in 10 years). Am I supposed to be impressed that the amount of negative spending gets better? We are still deficit spending. That should be phrased "less sh!tty, but still sh!tty".

See photo circled in red. And sorry it is huge. I couldn't resize at home with my MS paint-like editing software.

Source: Page 208 of White House Budget
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