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Post by Lonnie on Nov 13, 2012 10:55:02 GMT -5
Don't mean to kick anybody's hornets' nest, this is just funny:
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Post by Lonnie on Nov 13, 2012 11:05:14 GMT -5
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Post by Supertramp78 on Nov 13, 2012 11:08:54 GMT -5
as much as I don't like Olbermann, he is right. the amount of money Texas would lose if it left would be outrageous and noon of the rubes who think it is a good idea understand that.
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Post by omaha on Nov 13, 2012 11:19:32 GMT -5
The whole "we get more than we give" thing only works to a point.
I'm pretty sure that most states (all?) "get more than they give".
Isn't that, fundamentally, the problem?
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Post by millring on Nov 13, 2012 11:23:15 GMT -5
The whole "we get more than we give" thing only works to a point. I'm pretty sure that most states (all?) "get more than they give". Isn't that, fundamentally, the problem? No. Not believing in deficit spending is. You tax more than the States do so that the States have to come running to you to get some of the money they could have taxed locally for. And then you send more money than you collected from anyone so as to reinforce the notion that you can offer the security that the States could never afford (because they cannot deficit spend). A trillion here, a trillion there, and pretty soon you're talking about some real money. |
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Post by Supertramp78 on Nov 13, 2012 11:26:46 GMT -5
texas like to talk abotu our balanced budget. it doesn't like to talk about the fact that the way we do it is with federal funds.
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Post by omaha on Nov 13, 2012 11:34:17 GMT -5
California gets more Federal funds than Texas, but still doesn't manage to balance their budget.
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Post by Supertramp78 on Nov 13, 2012 13:02:36 GMT -5
over 40% of the state revenue in Texas comes from Federal sources.
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Post by timfarney on Nov 13, 2012 13:37:36 GMT -5
The whole "we get more than we give" thing only works to a point. I'm pretty sure that most states (all?) "get more than they give". Isn't that, fundamentally, the problem? No. Not believing in deficit spending is. You tax more than the States do so that the States have to come running to you to get some of the money they could have taxed locally for. And then you send more money than you collected from anyone so as to reinforce the notion that you can offer the security that the States could never afford (because they cannot deficit spend). A trillion here, a trillion there, and pretty soon you're talking about some real money. That's the way it works until you decide that "states rights" is the state's right to take over everything the US Congress doesn't want to take responsibility for either budgeting or cutting. Tim |
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Post by Village Idiot on Nov 13, 2012 14:09:49 GMT -5
texas like to talk abotu our balanced budget. it doesn't like to talk about the fact that the way we do it is with federal funds. Or executing those who say they do it with federal funds. |
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Post by sekhmet on Nov 13, 2012 14:54:42 GMT -5
If Texas seceded, wouldn't they still owe their share of the National debt?
The people of Québec have had sober second thoughts about independence once they began to face up to the fact that they would have to establish their own currency, and that a large part of the national debt would still be theirs to pay off. Economic reality set in finally. The Separatists thought that they would just continue using the federal dollar and piggy bank, not to mention passports and medicare. It was a silly scheme and we just barely escaped having them separate a few years back. It's all very well to wear a flag but if that's all you are wearing you are pretty naked.
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Post by Supertramp78 on Nov 13, 2012 14:56:11 GMT -5
I think texas should run a poll and find out what percentage of the rest of the country would prefer that we leave.
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Post by Rob Hanesworth on Nov 13, 2012 15:08:02 GMT -5
I think texas should run a poll and find out what percentage of the rest of the country would prefer that we leave. Do you think Texas would take a buyout? |
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Post by Doug on Nov 13, 2012 15:18:51 GMT -5
I think a break up is inevitable *see note and TX is one of the few states that could do it alone. But I can't see it coming about that way.
* too many people with too many different interest and goals on too many different tracks over too wide an area to have enough common interest to maintain a single government.
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Post by Ann T on Nov 13, 2012 15:19:26 GMT -5
If a state secedes, what would happen to everyone's social security and military retirement pay?
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Post by dickt on Nov 13, 2012 15:31:54 GMT -5
Ex-pats are collecting SS, Fed and Military retirement all over the globe. I don't think TX would be a problem.
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Post by drlj on Nov 13, 2012 15:33:44 GMT -5
I think Perry said, "I want Texas to succeed and be successful at success and stuff. Like I was successful when I finally thought of 3rd government department I wanted to get rid of. OK, it was several days after the debate, but I was successful at thinking of it, although I have forgotten what it was since I was not successful in the primary."
At least, that is what I think I heard him say.
As much as I think Perry is a dolt, Olbermann is a bit cloying, too. Smarmy, in fact.
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Post by omaha on Nov 13, 2012 15:38:38 GMT -5
If Texas seceded, wouldn't they still owe their share of the National debt? If you consider the unfunded liabilities implicit in Social Security and Medicare, its a net positive....meaning each state that leaves would reduce the aggregate federal debt (if properly accounted for). Which gets to the real calculus involved: A state's citizens have two choices...take their chances that the federal government will be able to keep the promises it made, or abandon the federal programs and elect to take care of things themselves. Beyond the inherently broken math of the current federal programs, that will also come down to demographics. The younger a state's population, the more it stands to gain by bailing out. |
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Post by aquaduct on Nov 13, 2012 15:42:34 GMT -5
If Texas seceded, wouldn't they still owe their share of the National debt? If you consider the unfunded liabilities implicit in Social Security and Medicare, its a net positive....meaning each state that leaves would reduce the aggregate federal debt (if properly accounted for). Forget Simpson-Bowles, maybe we could just get Texas and California to leave and call it a bipartisan solution. |
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Post by timfarney on Nov 13, 2012 16:36:26 GMT -5
Send me back my kids and grandkids and they can do what they want...no wait a minute. I think they should leave us San Antonio and Austin. They're far too liberal for the rest of Texas anyway.
Tim
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