US economy could handle short fall ov...

US economy could handle short fall over 'cliff'

There are 11 comments on the KATU-TV Portland story from Dec 26, 2012, titled US economy could handle short fall over 'cliff'. In it, KATU-TV Portland reports that:

The economic threat that's kept many Americans on edge for months is nearing reality - unless the White House and Republicans cut a budget deal by New Year's Day.

Join the discussion below, or Read more at KATU-TV Portland.

LESS EQUALS MORE

Pittsburgh, PA

#1 Dec 26, 2012
shortfall or mt.everest....tally up the federal debt, the 50 states debt, and their 28million employees unfunded pension and benefits debt.all the 2500 plus programs debt, the great society debt, the welfare debt, and you conclude that the only way to pay for it is,{FILL IN HERE}....and your so called middle class wallet .means tested of course.
Ninthman

“Obama Shames the USA”

Since: Apr 09

Location hidden

#2 Dec 26, 2012
Cloward-Piven has been hard at work.
Ninthman

“Obama Shames the USA”

Since: Apr 09

Location hidden

#3 Dec 26, 2012
Big phony pillow fight.

Since: Mar 09

The Left Coast

#4 Dec 26, 2012
Now it's a 'short' cliff?
less equals more

West Mifflin, PA

#7 Jan 11, 2013
if 16 trillion isint a cliff , then 2% MORE SOC SEC.is meaningless..already their crying about the 2% sam is pulling from your swiss cheese paycheck,...really....the voters are going to get their due,......16% never row since 1967, 31% are burned out from rowing ,10% dont have to row ,and the other 43% will have to row more,,,,,,,,,,FROM BEN HUR,Quintus Arrius:.....Now listen to me, all of you. You are all condemned men. We keep you alive to serve this ship. So row well, and live.
QUITTNER

Toronto, Canada

#8 Jan 12, 2013
1:43 pm, Saturday, January 12, 2013:
RE: US economy could handle short fall over 'cliff'
..... For any economy in any country to be healthy there must be always, over the long run, sufficient spending. And to do that there must be ways to get enough money to spend. That is the problem; how to get all that money in total per unit time without printing it? Even trees stop growing, and eventually there must be a stop to increasing debts.
hey hey lbj

West Mifflin, PA

#9 Feb 20, 2013
clearly 16 percent of the population are responsible for 60 percent of this countrys proplems.from education to crime to drugs to health care to housing,bad government is nobodies government. so smoke ecigarettes, and dont save in banks or wal street .where every government and business are no more than aTAX COLLECTOR. government is its own worst enemy,and everyone elses too.lets try a new "REALLY GREAT SOCIETY PROGRAMS"
go figure

West Mifflin, PA

#10 Apr 4, 2013
when the rest of the world was killing each other, and 16 percent of our population could sit on their a$$ and do nothing.THINGS WERE FINE. those days are GONE,pulling the load ,is EVERYBODYS JOB TODAY...... AND WE ARE BROKE AND HEADED TO BROKEN...everybody is living on next years paycheck.and so is every public entity.{government}
go figure

West Mifflin, PA

#11 Apr 5, 2013
the average job ,is mOre about feeding ALL FEDERAL, STATE AND COUNTY GOVERNMENTS, to the tune of 40 to 50 percent of your income and time.not to mention all the credit you need to FILL IN THE HOLES IN YOUR CHECK..add in all the fees, premiums and costs ..........In 1960 middle-income Americans paid less than 30 percent of their earnings in local, state, and federal taxes; today that figure is up to 40 percent.[1] Furthermore, many middle- and upper-income families living in the states that have the highest taxes, such as New York and California, pay nearly half their incomes in taxes. High taxes reflect the growth of government, at all levels, in the United States since World War II.[2]

This study presents a new and easily understood
http://www.cato.org/pubs/briefs/bp-015.html
your capital their ISM

West Mifflin, PA

#12 Apr 16, 2013
WHAT EVERY WELFAREER GETS/....median wealth of a House member is $765,010... For a senator it’s $2.38 million. Yet, incredibly, they still enjoy all of this:
•$174,000 salary
•Free company car
•Free gas
•Free parking (even at airports)
•Free flights almost anywhere in the world
•Per diem travel allowance... up to $3,000 a trip
•A month’s paid vacation
•3-day work-weeks
•Free membership to a top-flight gym
•Pension plan and 401K plan
•Full retirement benefits (including up to 44% of their six figure salaries) at age 62
•Free top of the line health insurance with 10 plans to choose from
•Fully covered – even with pre-existing condition
.....
we cant handle

West Mifflin, PA

#13 Apr 16, 2013
a 16plus trillion dollar debt we can handle.and along with assault rifles, 6 in pocket knives ,toothpaste and and now anOTHER unforseen weapon of mass destruction a "PRESSURE COOKER".

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