Just imagine... I have $1000 - I pay $500 for rent. I pay $200 for food. I pay $100 for utilities. I pay $100 for insurance. What do I have left? $900. Ok, Good. Suppose I decide I want to watch a movie so I pay $10 for it. $10 is only 1% of $1000. Are you gonna fret over it and tell everyone that I am so irresponsible for spending just 1% of my income on pleasure?
Stimulus Pkg at work
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yep especially if it's our tax money.... our hard-earned money....
Um, you're more upset about the 1% than the 99% which is much more important?
Ummm, that is probaly so that the Duke students can do research on something. NOT a "sun and fun"vacation!
You know, among Republicans/conservatives there's an attitude that "private sector is always better then teh evil gubmit stuff. There's a hell of a lot of corruption endmentic in the private sector too.......need I mention Enron and all that sort of stuff?
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yea cuz on federal level - that 1% means millions of dollars.
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It's called eco tourism.....and it doesn't Stimulate our economy so why is it part of the stimulus plan?????
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Truth on earmarks:
"Earmarks aren't a new phenomenon. The Government Accountability Office has found examples dating back to the early years of the republic, including one from 1791 for $50,756.53 to be spent on "several objects" requested by Treasury Secretary Alexander Hamilton. The money was targeted for "converting the Beacon of Georgia into a lighthouse and for the purchase of hydrometers," among other things.
While there have always been earmarks, their number grew exponentially between 1995 and 2006. That's partly because lawmakers began to use earmarks as a way to help incumbents who risked losing re-election, Ellis said. And part of it was a feedback loop: as earmarks grew, so did the ranks of lobbyists to secure them.
"More earmarks begat more lobbyists begat more earmarks," Ellis said.
Today, earmarks can number several thousand a year. But in the end, their total dollar amount typically represents less than 1% of the federal budget.
"People think big chunks of the federal budget are being shoved into earmarks, and it's just not the case," Konigsberg said."
...
"The impact of earmarks has been overemphasized; they're a red herring," Konigsberg said. "So much attention is paid to them and so little attention is paid to our long-term fiscal condition."
Earmarks: The fuss and the facts - Mar. 11, 2009
McCain, nice deflection. Focus on the other 99% of the federal budget.
The stimulus bill had over 8,000. Some are over $50 million.
since when 99% ever went to us?
Exactly... so are you gonna complain about the 1% or the 99% not coming to us?
Not to be nit-picking here, but isn't 100 left from the 1000? And 10 out of 100 is 10%, not 1%.
I see your point, though.
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Sure, it is Netrox infested thread so I have use my anti-virus program to cure the infested thread.
Not to be nit-picking here, but isn't 100 left from the 1000? And 10 out of 100 is 10%, not 1%.
I see your point, though.
oops.. you got it right. It should be "100." I was adding up the total of expenses (rent, utlities) and forgot that I have to subtract from $1000.
But it is correct that 1% of 1000 is $10.
So, you'll be mad at me if I spend just 1% of $1000 for a movie?!?! LOL
oops.. you got it right. It should be "100." I was adding up the total of expenses (rent, utlities) and forgot that I have to subtract from $1000.
But it is correct that 1% of 1000 is $10.
So, you'll be mad at me if I spend just 1% of $1000 for a movie?!?! LOL
Nawww, I'm kinda weird that way.
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oops.. you got it right. It should be "100." I was adding up the total of expenses (rent, utlities) and forgot that I have to subtract from $1000.
But it is correct that 1% of 1000 is $10.
So, you'll be mad at me if I spend just 1% of $1000 for a movie?!?! LOL
Well it's 10% of your discretionary income. Wouldn't care if you spent it all going to the movies 10 times.
Would be mad if you spend that way and then ask me for money because your car needs a tire......or you have a cavity.....or a boo boo. It's about personal responsibility......Even Obama states this in his Las Vegas comment. His message was on target there.....naming a specific city wasn't great though.
Look at this chart:
Which president spends the most?
http://upload.wikimedia.org/wikipedia/en/a/a5/CBO_Forecast_Changes_for_2009-2012.png
Causes of deficits? Iraq war, Medicare D, and tax cuts which in turn creates less tax revenues - no money.
Now, look at the debt in 2080:
Fileebt to GDP Forecast Chart.png - Wikipedia, the free encyclopedia
It's going to be over 500% of the GDP, not a good sign and it will send us into deep recession, wars, and instability. Don't blame Obama though - most of it is from medicare/retirement. We need to increase the age limit and reform medicare spending.
Which president spends the most?
http://upload.wikimedia.org/wikipedia/en/a/a5/CBO_Forecast_Changes_for_2009-2012.png
Causes of deficits? Iraq war, Medicare D, and tax cuts which in turn creates less tax revenues - no money.
Now, look at the debt in 2080:
File
ebt to GDP Forecast Chart.png - Wikipedia, the free encyclopediaIt's going to be over 500% of the GDP, not a good sign and it will send us into deep recession, wars, and instability. Don't blame Obama though - most of it is from medicare/retirement. We need to increase the age limit and reform medicare spending.
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