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Old July 13th, 2013, 09:17 AM   #1
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GOP In A Panic Over Midterms With Budget Surplus

President Running A Budget Surplus - GOP In A Panic As They Witness Election Hopes Evaporate -



Here comes the fiscal cliff fight again, with the GOP ready to take the nation hostage in order to hurt the middle class for their corporate overseas masters…. but wait a second, instead of running a budget deficit, the federal government is running… a surplus!!

Queue up the horrified GOP leadership, who just lost their one trump card. Rather than facing the debt crisis with the next election over a year away, thanks to these budget surpluses, now the GOP is faced with the real problem of having the debt ceiling fight turned into a midterm election issue.

The treasury is reporting that the federal government has run a budget surplus for the second month this year. And the latest month of budget surplus was almost double projections, making things look even rosier. Of course, Rupert Murdoch’s Wall Street Journal had to try to spin it in a negative light, demonstrating how out of touch he and his political puppets are with the real world.

And all while the electorate is already turning on them. Even traditional red meat issues have lost their punch. If the Republican civil war eliminates even more moderates from the party, they may no longer even have a national platform from which to work. The GOP’s ignoring of reality seems a move destined to put the Republican party into the dustbin of history. And the more unhinged members of their caucus will likely find themselves even more isolated, which in turn would increase the rate of party collapse. As a result, Senator Cruz of Texas has declared that unless the party changes, we will never see another Republican in the White House.

To give the GOP and their corporate masters even more indigestion, now reports show even more bright news for the federal deficit, with a budget surplus for the 2015 fiscal year a real possibility. Already, the Republicans have lost the abortion and gun debate. If the GOP fails to hold on to the House of Representatives and does not take over the Senate in the midterm elections, a solid recovery with a Democratic president and congress would make their chances in 2016 look very remote indeed.
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Old July 13th, 2013, 09:32 AM   #2
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You know the first time you posted this it was shot down in flames, right?
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Old July 13th, 2013, 09:59 AM   #3
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But if it is a true surplus, how much will be put on the national debt?
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Old July 13th, 2013, 10:27 AM   #4
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But if it is a true surplus, how much will be put on the national debt?
All Obama has to do is ask!!

Bill & Hill know how to....

Quote:
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Old July 13th, 2013, 10:29 AM   #5
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All Obama has to do is ask!!

Bill & Hill know how to....
I wonder how they would know?
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Old July 13th, 2013, 10:30 AM   #6
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Originally Posted by skews13 View Post
President Running A Budget Surplus - GOP In A Panic As They Witness Election Hopes Evaporate -



Here comes the fiscal cliff fight again, with the GOP ready to take the nation hostage in order to hurt the middle class for their corporate overseas masters…. but wait a second, instead of running a budget deficit, the federal government is running… a surplus!!

Queue up the horrified GOP leadership, who just lost their one trump card. Rather than facing the debt crisis with the next election over a year away, thanks to these budget surpluses, now the GOP is faced with the real problem of having the debt ceiling fight turned into a midterm election issue.

The treasury is reporting that the federal government has run a budget surplus for the second month this year. And the latest month of budget surplus was almost double projections, making things look even rosier. Of course, Rupert Murdoch’s Wall Street Journal had to try to spin it in a negative light, demonstrating how out of touch he and his political puppets are with the real world.

And all while the electorate is already turning on them. Even traditional red meat issues have lost their punch. If the Republican civil war eliminates even more moderates from the party, they may no longer even have a national platform from which to work. The GOP’s ignoring of reality seems a move destined to put the Republican party into the dustbin of history. And the more unhinged members of their caucus will likely find themselves even more isolated, which in turn would increase the rate of party collapse. As a result, Senator Cruz of Texas has declared that unless the party changes, we will never see another Republican in the White House.

To give the GOP and their corporate masters even more indigestion, now reports show even more bright news for the federal deficit, with a budget surplus for the 2015 fiscal year a real possibility. Already, the Republicans have lost the abortion and gun debate. If the GOP fails to hold on to the House of Representatives and does not take over the Senate in the midterm elections, a solid recovery with a Democratic president and congress would make their chances in 2016 look very remote indeed.
The Surplus is Bush's Surplus.. IF NOT FOR THE GOP THERE WOULD BE NO SURPLUS.


http://www.cbsnews.com/8301-505123_162-57593333/u.s-government-records-$116.5-billion-surplus/

The surplus was due in part to $66.3 billion in dividend payments from Fannie Mae and Freddie Mac. The mortgage giants were taken over by the government at the height of the financial crisis in 2008 and are now repaying taxpayers for the support they received.

THE BUDGET SURPLUS IS BUSH'S FAULT.. GOTTA LOVE IT... THANKS AGAIN GW... THE ONLY POSITIVE THING OUT OF THE OBAMA ADMINISTRATION IS THE ONE THING THAT REALLY IS BUSH'S FAULT... BUSH TOOK OVER FANNIE AND FREDDIE AND CREATED THE SURPLUS..
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Old July 13th, 2013, 10:35 AM   #7
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I keep hearing people talk about Clinton's surpluses. So why did debt continue to climb during his terms?

National Debt by Year
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Old July 13th, 2013, 10:38 AM   #8
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Always wondered how you can call something a 'surplus' when there's debt climbing.
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Old July 13th, 2013, 10:41 AM   #9
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Always wondered how you can call something a 'surplus' when there's debt climbing.
I think it has something to do with the new math as taught to MBAs. Rose colored accounting? If you wish upon a star?
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Old July 13th, 2013, 10:46 AM   #10
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Always wondered how you can call something a 'surplus' when there's debt climbing.
Surplus is for the Current Budget.

The Debt is the sum total of all the deficits - surplus.


you can have a surplus this month, but deficts every other month.. if the deficits outweigh the surpluses you have debt.
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