"Medicare spending has, in particular, has decelerated dramatically..."
November 4, 2014
By Christopher Condon
...Robust economic growth (click here for video) has helped push the U.S.budget deficit down to the lowest level since 2008, marking the sharpest turnaround in the government’s fiscal position in at least 46 years.
The shortfall of $483.4 billion in the 12 months ended Sept. 30 was 2.8 percent of the nation’s gross domestic product of $17.2 trillion over the same period, according to data compiled by Bloomberg using Commerce Department figures. The figure peaked at 10.1 percent of GDP in December 2009....
Any government shutdown will toy with the economy has made and the increasing reduction in the national debt. Republicans don't know how to govern. They want to play politics and win elections.
The falling deficit and shrinking national debt is only occurring because of the economic growth realized by the Obama administration.
Government shutdowns are not governing, it is surrendering to the extremists and putting the country and the American people in peril. It is absolutely hideous to hear the Republicans talk about shutting down Homeland Security and any US agency contributing to the new immigration policy because they have been screaming about the "leaky southern border" in every election. If they defund Homeland Security there will be no one on the border to stop the leak. No border security guards. Nothing. No bridge agents to examine documents to determine if a person is entering illegally.
If they defund Homeland Security, "the ISIS carrying Ebola" will succeed without interruption. The US House is completely dysfunctional with Speaker Boner surrendering to right wing extremism. This will not get any Republican elected in 2016. The nation will become disgusted with the antics and there won't be a fair hearing of the Republican, regardless of the candidate, in any presidential debate.
No Democrat should be running away from the national debt. The President's economy has been assaulting it on a regular basis. There is every indication the Obama Economy will result in a BUDGET SURPLUS no different than that of Former President Clinton at about the same time as the Clinton Surplus; the last year of his second term. President Obama needs to apply the surplus to the national debt through executive authority and/or SSI and Medicare to return the funds lost do to the Great Recession.
How is the economy contributed? At the very least through added revenues into the USA treasury. Then remove interest to be paid on the debt and there is some significant reduction to the national deficit and the national debt.
"One of the reasons there has been growing in the economy and a reduced deficit is because there has been no drama regarding any fiscal cliff...the national debt ceiling and the budget will present itself again in the spring...there has been consistent growth of the economy...the only thing interrupting that would be exogenous misbehavior by our politicians in Washington and there is an overseas threat as well.
There is no leadership in the US House. I doubt there will be any in the Senate after January. Why? President Obama's legacy. The fact of the matter is his legacy is well in place and it is the Congress that has the worst legacy on record.
The falling deficit and shrinking national debt is only occurring because of the economic growth realized by the Obama administration.
Government shutdowns are not governing, it is surrendering to the extremists and putting the country and the American people in peril. It is absolutely hideous to hear the Republicans talk about shutting down Homeland Security and any US agency contributing to the new immigration policy because they have been screaming about the "leaky southern border" in every election. If they defund Homeland Security there will be no one on the border to stop the leak. No border security guards. Nothing. No bridge agents to examine documents to determine if a person is entering illegally.
If they defund Homeland Security, "the ISIS carrying Ebola" will succeed without interruption. The US House is completely dysfunctional with Speaker Boner surrendering to right wing extremism. This will not get any Republican elected in 2016. The nation will become disgusted with the antics and there won't be a fair hearing of the Republican, regardless of the candidate, in any presidential debate.
No Democrat should be running away from the national debt. The President's economy has been assaulting it on a regular basis. There is every indication the Obama Economy will result in a BUDGET SURPLUS no different than that of Former President Clinton at about the same time as the Clinton Surplus; the last year of his second term. President Obama needs to apply the surplus to the national debt through executive authority and/or SSI and Medicare to return the funds lost do to the Great Recession.
How is the economy contributed? At the very least through added revenues into the USA treasury. Then remove interest to be paid on the debt and there is some significant reduction to the national deficit and the national debt.
"One of the reasons there has been growing in the economy and a reduced deficit is because there has been no drama regarding any fiscal cliff...the national debt ceiling and the budget will present itself again in the spring...there has been consistent growth of the economy...the only thing interrupting that would be exogenous misbehavior by our politicians in Washington and there is an overseas threat as well.
There is no leadership in the US House. I doubt there will be any in the Senate after January. Why? President Obama's legacy. The fact of the matter is his legacy is well in place and it is the Congress that has the worst legacy on record.
