tag:blogger.com,1999:blog-24135583.post8435379411954359287..comments2023-05-30T05:54:48.988-04:00Comments on kingston progressive: HINCHEY AND THE BUDGET CUTSMike Madsenhttp://www.blogger.com/profile/14527557594630435730noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-24135583.post-720413384285332762011-02-23T16:59:00.866-05:002011-02-23T16:59:00.866-05:00hinchey has the right idea with these cuts and we ...hinchey has the right idea with these cuts and we the people need to force this threwUnknownhttps://www.blogger.com/profile/05660696869032605404noreply@blogger.comtag:blogger.com,1999:blog-24135583.post-5920968513330354252011-02-15T22:33:49.536-05:002011-02-15T22:33:49.536-05:00And how long as Hinchey been trying to get jobs to...And how long as Hinchey been trying to get jobs to come here in Ulster county? How did that work out for us? not much... So touching that he is raising his voice again this late in the game. When are politicians going to learn that the government cannot create businesses/jobs. They need to get rid of stifling regulations, high taxes and stop giving incentives or tax breaks to companies who end up shipping jobs overseas after getting "seed" money from the government. Let the entrepreneural spirit take hold. Let them have the freedom to create and thrive.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24135583.post-20731315359944105732011-02-15T14:39:41.239-05:002011-02-15T14:39:41.239-05:00$3.73 trillion. $1.6 trillion deficit this year al...$3.73 trillion. $1.6 trillion deficit this year alone. $7 trillion in deficits over 10 years <br /><br />Obama's one-year budget of $3.7 trillion with a decades worth of "proposals" to somehow "save" $1.1 trillion over the next decade. Sounds material and significant.<br /><br />His proposed budget cuts this year are grossly immaterial and statistically insignificant (see a pie graph: http://directorblue.blogspot.com/2011/02/obamas-tough-budget-cuts-in-pictures.html). <br />He misdirects our attention from the fact that this budget is a 7% increase in governement spending - not counting the increases in interest on the debt. The Win The Future guy is spending huge compared to all predecessors. (See some other good graphical representations of spending linked on the Instapundit site.)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24135583.post-10532011946575722052011-02-15T13:22:14.834-05:002011-02-15T13:22:14.834-05:00Obama's military cuts amount to $703B, broken ...Obama's military cuts amount to $703B, broken down as follows: $553B for the baseline discretionary Defense Department budget, $5B for a handful of mandatory programs, $118B for the costs of the wars in Afghanistan and Iraq, and $27B for "defense-related" programs in other federal departments.<br /><br />The money to fight the wars is probably untouchable. But as a result of the troop pullout from Iraq, it's a lot less money than the $160 billion funded last year. Let's see how the GOP reacts to this.<br /><br />ThomasAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-24135583.post-55952183341290471072011-02-15T12:23:18.835-05:002011-02-15T12:23:18.835-05:00I think that we should enact both the GOP and Hinc...I think that we should enact both the GOP and Hinchey's ideas as a start. Then keep going from there. Question is Democrats have controlled Congress since 2007 yet I haven't seen any of these ideas put forth and vetoed by Bush. And then the Democrats have controlled the whole game since 2009, again none of this passed where it could have been done with a Democrat in the White House. <br /><br />Now all of sudden Hinchey has all of these ideas. Where has he been the last 18 years?<br /><br />Another little diddy for you. For those that have a basic understanding of investing, they understand the concept of compounding interest. Having that understanding should scare the crap out of you when it comes to the National Debt, because this is about to get REALLY BAD like we have never seen. In another couple of years, pink slips to cops and fireman will be the least of our concerns.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24135583.post-4998739402493452602011-02-15T12:09:36.106-05:002011-02-15T12:09:36.106-05:00Congressman Hinchey is on the right track. All the...Congressman Hinchey is on the right track. All the pandering to the big money will stop when the Democrats regain the House of Representatives next year.<br />The newly elected so-called "tea party" candidates will get a dose of reality and be sent on to pursue other careers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24135583.post-71846820460693559262011-02-15T12:09:08.224-05:002011-02-15T12:09:08.224-05:00Mike, something that needs to be pointed out is th...Mike, something that needs to be pointed out is that some stimulus projects that have put people to work are poised to be cut in the GOP plan. <br />The elimination of $2.5 billion for high-speed rail projects, 76 projects already underway in 40 states would be terminated and 25,000 new construction jobs will be lost. <br />I dont know how someone could call this a "Job Creating" when it's plainly the opposite.Anonymousnoreply@blogger.com